Page 866 - Markets News
Record Galore! Why has Sensex rallied 1,360 points today; details here
Stock Market News: The BSE Sensex soared 1,500 points today to hit a fresh record high of 84,694.5 intraday. The Nifty50, too, saw robust gains of 433 to it a new high of 25,849
 "Record Galore! Why has Sensex rallied 1,360 points today; details here")
Dividend Bonanza: RVNL, Bharat Dynamics, 73 others to turn ex-date Monday
Here is the full list of stocks, along with the dividend amount and other details, that will turn ex-dividend on Monday
 "Dividend Bonanza: RVNL, Bharat Dynamics, 73 others to turn ex-date Monday")
Axis Capital to explore legal remedies against Sebi's ban on debt segment
Axis Capital, a subsidiary of Axis Bank, clarified that it has not taken on any new assignments in the debt segment for over a year
 "Axis Capital to explore legal remedies against Sebi's ban on debt segment")
ACC, IRCTC: 4 stocks turn bearish even as Sensex, Nifty scale new highs
Technical chart suggests that ACC, IRCTC, PND and Aarti Industries could slide up to 28% from present levels owing to formation of 'Death Cross' on the daily chart; a long-term bearish indicator.
 "ACC, IRCTC: 4 stocks turn bearish even as Sensex, Nifty scale new highs")
Mobility sect in Asian mkt to absorb $1.3 trn in green fund by 2030: Report
In India, the report said, electric scooters and three-wheelers are currently around USD 40-USD 112 cheaper per year to own than petrol alternatives
 "Mobility sect in Asian mkt to absorb $1.3 trn in green fund by 2030: Report")
Patel Engineering up 5% on emerging lowest bidder for project of Rs 240 cr
The rise in Patel Engineering share price came after the company said that it has bagged an order worth Rs 240.02 crore from NHPC.
 "Patel Engineering up 5% on emerging lowest bidder for project of Rs 240 cr")
ZEE hits 52-week low in strong market; stock tanks 54% thus far in CY2024
The stock of the television broadcasting & software production company was trading lower for a fifth straight day, down 8 per cent during the period
 "ZEE hits 52-week low in strong market; stock tanks 54% thus far in CY2024")
KEC International down 5% as CARE Ratings downgrades co's bank facilities
CARE Ratings downgrades KEC International's bank facilities; keeps outlook 'Stable' for company
 "KEC International down 5% as CARE Ratings downgrades co's bank facilities")
Voda Idea can slide another 44%, if this support is broken; hints chart
Voda Idea stock is seen trading below its key moving averages and now testing key support levels on the monthly scale, levels not violated since December 2021; check key levels here
 "Voda Idea can slide another 44%, if this support is broken; hints chart")
Dividend, Bonus: Bharat Dynamics, CSL, 82 other stocks go ex-date next week
Here's the complete list of stocks that will trade ex-date next week for dividends, bonus issues, or stock splits
 "Dividend, Bonus: Bharat Dynamics, CSL, 82 other stocks go ex-date next week")
Indostar hits 52-week high as board approves sale of arm for Rs 1,750 cr
Indostar Capital Finance board approved the sale of IndoStar Home Finance for Rs 1,750 crore to WITKOPEEND B.V
 "Indostar hits 52-week high as board approves sale of arm for Rs 1,750 cr")
ITD Cementation surges 18% amid Adani Group's promoter's stake buy buzz
On July 3,Italian Thai Development Public Company, the Promoter shareholder of the company, informed that they are exploring a potential possible divestment of their investments in ITD Cementation
 "ITD Cementation surges 18% amid Adani Group's promoter's stake buy buzz")
Interarch Building bags orders worth Rs 634 cr so far in FY25; stock up 10%
In Q1FY25, the company secured new orders of Rs 341 crore, and in Q2FY25 till September 14, 2024, the company bagged orders of Rs 293 crore
 "Interarch Building bags orders worth Rs 634 cr so far in FY25; stock up 10%")
Sandur Manganese & Iron Ores gets approval to increase production; stock up
The uptick in the share price came after the company announced that it has secured approval from the Karnataka State Pollution Control Board (KSPCB) to increase its manganese ore production capacity.
 "Sandur Manganese & Iron Ores gets approval to increase production; stock up")
Mankind up 7% ahead of board meet for fund raising; m-cap tops Rs 1 trn
The board is to consider and approve the raising of funds by way of issue of non-convertible debentures, commercial papers, other debt securities or any other security or any combination thereof.
 "Mankind up 7% ahead of board meet for fund raising; m-cap tops Rs 1 trn")
Outsized 50-bps Fed rate cut positive for Silver; check trading strategy
Spot silver was extremely volatile in the wake of the US Fed cutting rates by 50-bps at its FOMC meeting concluded on September 18.
 "Outsized 50-bps Fed rate cut positive for Silver; check trading strategy")
Gold trading strategy today: Resistance at Rs 75,100; Support at Rs 71,800
US yields and the US Dollar Index surged on no recession talks, which sent the yellow metal to $2547 in today's Asian session.
 "Gold trading strategy today: Resistance at Rs 75,100; Support at Rs 71,800")
Cosmic CRF shares hit 5% upper circuit on Rs 127-crore order win; details
The surge in Cosmic CRF share price came after the company announced that its subsidiary, N S Engineering Projects, has secured an order worth Rs 127.44 crore from the infrastructure industry.
 "Cosmic CRF shares hit 5% upper circuit on Rs 127-crore order win; details")
Reliance Infra jumps on debt reduction, fundraising plan; up 48% in 4 days
The company's Board has approved to raise Rs 3,014 crore through preferential issue. It will also consider a QIP worth Rs 3,000 crore
 "Reliance Infra jumps on debt reduction, fundraising plan; up 48% in 4 days")
MSTC climbs 4% after govt approves sale of arm FSNL for Rs 320 crore
Japan based Konoike Transport Co. Ltd was the highest bidder for buying MSTC's subsidiary Ferro Scrap Nigam Limited (FSNL)
 "MSTC climbs 4% after govt approves sale of arm FSNL for Rs 320 crore")