Page 770 - Markets News

Gold price: Yellow metal rallies as Russia-Ukraine war takes ominous turn

Spot gold, at the time of writing this report, was trading nearly 0.77 per cent higher at $2,670, as it extended its rally to the fourth straight day

Ola Electric's shares gain on reports of layoff over 500 employees

According to reports, Bhavish Aggarwal led Ola Electric is undergoing a restructuring exercise impacting over 500 employees, approximately 12 per cent of its 4,000-strong workforce

Innovators Facade up 10% on securing Rs 110-cr order from Prestige Mulund

The work order from Prestige Mulund Realty is for designing, developing, supplying, fabricating and installing façade work including stone cladding

Tata Power signs deal with Asian Development Bank for $4.25 bn; stock up

The rise in Tata Power share came after the company announced that it has entered into a memorandum of understanding (MoU) with ADB for $4.25 billion to finance key clean energy power projects

Protean eGov down 10% as NSE Investments begins selling up to 20.3% stake

The company said that NSE Investments, a non-promoter, has proposed an offer to sell 41,17,303 shares which translates to a 10.16 per cent stake via OFS.

India bond yields seen rising ahead of debt supply, US yields stay high

Benchmark 10-year bond yield is likely to move between 6.81 per cent and 6.85 per cent till the completion of the auction, compared with its previous close of 6.8329 per cent

Rs 1,274-cr order sends Afcons Infrastructure stock 4% higher; details here

The uptick in the shares of Shapoorji Pallonji Group's flagship company, Afcons Infrastructure, was fuelled by Rs 1,274 cr order from Uttarakhand Project Development and Construction Corporation Ltd

SJVN inks MoU with Energy Dept of Rajasthan government; stock rises 5%

The share price of SJVN soared after the company announced that it has inked a MoU with the Energy Department, Government of Rajasthan to spearhead the development of renewable energy in the state

Max pain for Bank Nifty seen at 50,900; bias seems cautiously positive

F&O cues for Nov 22: Bank Nifty formed a hammer candlestick pattern on Thursday; trade above 50,650 levels can trigger a pullback towards 51,000 - 51,500 levels, says analyst from Asit C Mehta.

Stocks to watch, Nov 22, 2024: Adani Group stocks, Tata Power, NTPC, LIC

Stocks to watch on November 22, 2024: Here is a list of stocks from Infosys to Hyundai Motor India which will be on radar today

Market Today: GIFT Nifty; Adani stocks; Zinka, NTPC Green IPO; PMI, Rupee

In the previous session, the Sensex fell 0.54 per cent to close at 77,156.80, while the Nifty declined 0.72 per cent to settle at 23,349.90

Ravi Nathani says Nifty FMCG still correcting, Pharma showing bearish trend

The Nifty FMCG index is currently exhibiting a downward trend in the near term, while Nifty Pharma index continues to exhibit a bearish trend in the near term

Legal experts see no knee-jerk response from Sebi on US indictment of Adani

Indian market regulator has taken stringent measures when it comes to misstatements and non-disclosures in the domestic market, say lawyers

Corporate irregularities can impact economy at large: Justice Kumar

Justice Kumar added that regular audits and proper disclosures are essential to avoid instances of poor corporate governance, which may lead to the breakdown of a company

Wilmington Trust pays Rs 64.35 lakh to settle FPI norms violation case

Sebi also found that Wilmington Trust Collective Investment Trust made fresh purchases before the completion of additional KYC requirements without holding a valid registration certificate

Stock Market Highlights: Sensex dips 420 pts, Nifty ends below 23,350; Adani, PSU bank shares tank

Stock Market Highlights: 37 of the Nifty50's 50 constituent stocks ended in the red, dragged by Adani Enterprises, Adani Ports, SBI Life, SBI, and NTPC, with losses of up to 23.44 per cent

Adani Enterprises tests Jan 2023 Hindenburg fall support; can slide 34%

Adani Enterprises stock is seen re-testing support around its 200-WMA, like it during the the Hindenburg allegations triggered fall in Jan-Feb 2023, technical chart shows.

Honasa Consumer stock hits 10% lower limit; down 36% in 3 days post Q2 show

The stock hit a new low even as the company denied allegations claimed by AICPDF around the company's practices with its distributors and distribution transition.

NTPC Green IPO crosses halfway mark on Day 2: GMP stays green; Subscribe?

NTPC Green Energy IPO has seen the highest demand from retail investors, with their reserved portion oversubscribed by 1.99 times

One 97 Communications stock gains 3% as Paytm unveils UPI International

The northward move in the stock price is fueled by the news that the company has launched UPI International, allowing Indian travelers to make UPI transactions in 6 foreign countries