Page 739 - Markets News
IndusInd Bank share drops 3%, hits 52-week low as UBS slashes target price
The fall in the IndusInd Bank share price came after Zurich, Switzerland-based brokerage UBS slashed its target price to Rs 1,150 per share, according to reports
 "IndusInd Bank share drops 3%, hits 52-week low as UBS slashes target price")
Stock market crash: Dixon Tech, Ambuja, BHEL among stocks to buy on dips
Here are 5 F&O stocks that are trading with a PCR in excess of 1; Options data and technical charts suggest up to 14% upside for these stocks in the December series; key levels here.
 "Stock market crash: Dixon Tech, Ambuja, BHEL among stocks to buy on dips")
RIL down 2%, trades lower for sixth straight day; stock nears 52-week low
In one week, Reliance Industries share price has declined 5.4 per cent, as compared to the 1.5 per cent decline in the BSE Sensex
 "RIL down 2%, trades lower for sixth straight day; stock nears 52-week low")
Sensex plunges 1200pts, Nifty below 24200; Why stock markets crashed today?
Stock market crash: The Indian stock market crashed heavily on Friday, with the BSE's Sensex dropping 1,207 points or 1.48 per cent to its intraday low of 80,082
 "Sensex plunges 1200pts, Nifty below 24200; Why stock markets crashed today?")
Gold price rally to slow in 2025? Sharekhan analyst says sell metal on rise
Gold price today: The World Gold Council, in a report released on December 12, stated that after a record-breaking year of 2024, the metal is expected to rise at a slower pace in 2025
 "Gold price rally to slow in 2025? Sharekhan analyst says sell metal on rise")
Jefferies upgrades Indian Oil to 'Buy', lifts target to Rs 185; share up 2%
The uptick in the Indian Oil share came after Jefferies upgraded the company to 'Buy'. The brokerage also raised the target price to Rs 185 per share, according to reports
 "Jefferies upgrades Indian Oil to 'Buy', lifts target to Rs 185; share up 2%")
Silver price today falls over 2%; here are key support, resistance levels
Silver price today: Lack of China's specific details is bearish for Silver
 "Silver price today falls over 2%; here are key support, resistance levels")
Vijay Kedia portfolio stock up 12% in weak market; zoomed 101% in 10 weeks
Siyaram Silk Mills hit a new high of Rs 937.85, as they rallied 12 per cent on the BSE in Friday's intra-day deal in an otherwise weak market after the company launched Cadini Italy Perfumes in India
 "Vijay Kedia portfolio stock up 12% in weak market; zoomed 101% in 10 weeks")
Final Hours! Mobikwik IPO closes today: Subscription zooms 20x, GMP up 56%
Mobikwik IPO has garnered an overwhelming response from investors, with bids pouring in for 24,18,36,721 shares against the 1,18,71,696 shares on offer, resulting in an oversubscription of 20.37 times
 "Final Hours! Mobikwik IPO closes today: Subscription zooms 20x, GMP up 56%")
Asian shares fall, long-dated Treasuries prepare for worst week in a year
It has been a week of rate cuts from Switzerland, Canada and the European Central Bank, which had rate differentials working in the favour of the US dollar
 "Asian shares fall, long-dated Treasuries prepare for worst week in a year")
IGI IPO subscription opens today: GMP up 18%; Should you bid or avoid?
International Gemmological Institute IPO GMP is up 17.99 per cent at Rs 492 per share against the upper end of the price band of Rs 417
 "IGI IPO subscription opens today: GMP up 18%; Should you bid or avoid?")
Jungle Camps India IPO allotment today: Check status, GMP, and more
Jungle Camps India's unlisted shares are trading at Rs 132 per share, reflecting a grey market premium (GMP) of Rs 60 or 83.33 per cent from the IPO's upper price band of Rs 72
 "Jungle Camps India IPO allotment today: Check status, GMP, and more")
Toss The Coin IPO allotment today: Check status, GMP, likely listing gain
Once the allotment is finalised, investors can check the status on the official websites of BSE or Link Intime India, the registrar for the issue
 "Toss The Coin IPO allotment today: Check status, GMP, likely listing gain")
Stocks to watch, Dec 13: RIL, HDFC Bank, JK Tyre, Zomato, TCS, NBCC, L&T
Stocks to watch, Dec 13: From RIL to HDFC Bank, here is a list of stocks that will be in focus today
 "Stocks to watch, Dec 13: RIL, HDFC Bank, JK Tyre, Zomato, TCS, NBCC, L&T")
Markets today: Inflation at 5.48%; Nov WPI; Wall St falls; Gemmological IPO
At 7:25 AM, GIFT Nifty futures were trading 105 points lower at 24,543 levels, hinting at a gap-down start
 "Markets today: Inflation at 5.48%; Nov WPI; Wall St falls; Gemmological IPO")
HPCL share price: Nandish Shah of HDFC Sec suggests 'Bull Spread' strategy
F&O Trading, HPCL stock: The stock price has been forming bullish 'Higher Top-Higher Bottom' formation on the weekly chart
 "HPCL share price: Nandish Shah of HDFC Sec suggests 'Bull Spread' strategy")
Uncertainties around regularity & tax clarity hang heavy over life insurers
Adjustments to the new surrender regulations, uncertainties surrounding the Insurance Amendments Bill, and potential direct tax reforms in the upcoming Budget may pose short-term challenge
 "Uncertainties around regularity & tax clarity hang heavy over life insurers")
Sebi trying to reduce float to cut risk, bring transparency: WTM Narayan
Ananth Narayan says total float with brokers, custodians equals a mid-sized bank
 "Sebi trying to reduce float to cut risk, bring transparency: WTM Narayan")
Sebi likely to tighten norms for SME listing, widen UPSI definition
Decision likely at board meeting scheduled on December 18
 "Sebi likely to tighten norms for SME listing, widen UPSI definition")
PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?
PSU bank stocks: The Nifty PSU Bank index has surged 24.08 per cent on the National Stock Exchange (NSE) thus far in CY24
 "PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?")