Page 869 - Markets News
Trading Strategy: Nifty Bank, Private Bank show bullish trend; key levels
The Nifty Private Bank Index is currently experiencing a strong bullish trend, with significant gains recorded over the past fortnight
 "Trading Strategy: Nifty Bank, Private Bank show bullish trend; key levels")
Markets hinge on Jerome Powell emulating Greenspan to avoid a recession
To Kristina Hooper, chief global market strategist at Invesco, the US economy looks set to avert a recession as the Fed starts easing policy just ahead of the US election
 "Markets hinge on Jerome Powell emulating Greenspan to avoid a recession")
Street awaits US Federal Reserve's first interest rate cut in 4 years
History suggests that the start of a rate-cut cycle alone is not a reliable trigger for market rallies
 "Street awaits US Federal Reserve's first interest rate cut in 4 years")
Newly listed Bajaj Housing Finance vs veteran LIC Housing: Which is better?
Bajaj Housing, which is backed by the Bajaj Group, has between FY22 and FY24 grown exceptionally in terms of assets under management and profit, according to analysts
 "Newly listed Bajaj Housing Finance vs veteran LIC Housing: Which is better?")
ITC at a discount compared to large peers, says Sharekan; raises target
Sharekhan believes that ITC is entering a phase of consistent earnings growth trajectory
 "ITC at a discount compared to large peers, says Sharekan; raises target")
PN Gadgil jumps 64% on debut; Tata Motors DVR cancellation nears completion
Tata Motors DVR sold 11.5 million new ordinary shares on stock exchanges on Tuesday
 "PN Gadgil jumps 64% on debut; Tata Motors DVR cancellation nears completion")
Zerodha launches ATO; all you need to know about Alert Trigger Orders
Here are the benefits and step-by-step guide to create ATO orders on Zerodha's Kite platform.
 "Zerodha launches ATO; all you need to know about Alert Trigger Orders")
Market Highlights, Sept 17: Sensex up 90pts, Nifty holds 25,400; BHFL hits upper band for 2nd day
Stock Market Highlights: As many as 29 constituent stocks on the Nifty50 ended in the red, dragged by Tata Motors, Eicher Motors, Tata Steel, Coal India, and JSW Steel
 "Market Highlights, Sept 17: Sensex up 90pts, Nifty holds 25,400; BHFL hits upper band for 2nd day")
Sebi speeds up bonus share trading: What this means for you
Bonus shares will now be available for trading on the second working day (T+2) after the record date.
 "Sebi speeds up bonus share trading: What this means for you")
This specialty chemicals stock has zoomed 42% in 2 days; hit 2-year high
Aarti Surfactants hit a two-year high of Rs 909.90, as they surged 18% on the BSE in Tuesday's intra-day trade, quoting at its highest level since September 2022.
 "This specialty chemicals stock has zoomed 42% in 2 days; hit 2-year high")
Upcoming IPO: Quadrant Future Tek gets Sebi nod for Rs 275-cr IPO; details
Quadrant Future Tek IPO is an entirely fresh issue of shares with a face value of Rs 10 per equity share, aggregating up to Rs 275 crore
 "Upcoming IPO: Quadrant Future Tek gets Sebi nod for Rs 275-cr IPO; details")
Recently listed stock soars 20%; jumps 78% over issue price in 10 days
Shares of ECOS (India) Mobility & Hospitality (ECOS) were locked in the 20-per cent upper circuit, at Rs 592.95, on the BSE in Tuesday's intraday trade
 "Recently listed stock soars 20%; jumps 78% over issue price in 10 days")
JK Tyre & Ind board okays merger with Cavendish Industries; stock gains 3%
The uptick in the JK Tyre & Industries share price came after the company's board approved the merger with Cavendish Industries.
 "JK Tyre & Ind board okays merger with Cavendish Industries; stock gains 3%")
Tata Motors dips 3% on heavy volumes; stock down 13% so far in September
TML Securities Trust sold 11.5 million new ordinary shares on the stock exchanges today for the purpose of distribution of fractional share entitlement as well as towards tax liabilities.
Divi's Lab, AEL, M&M among top movers & shakers in FY25; trading guide here
Among existing gainers, Divi's Lab and Shriram Finance seem poised for further gains, whereas losers IndusInd Bank and Nestle too look promising on technical charts; check key levels.
 "Divi's Lab, AEL, M&M among top movers & shakers in FY25; trading guide here")
Torrent Power zooms 7%, nears record high on signing MoU with Gujarat govt
Torrent Power share price today: The buying interest in Torrent Power shares came after the reaffirmed its commitment towards investment worth Rs 64,000 crore in green and sustainable projects
 "Torrent Power zooms 7%, nears record high on signing MoU with Gujarat govt")
Arkade Developers IPO: 67% GMP, 10.8x subscription; should you bid?
Arkade Developers IPO has received bids for a whopping 25,68,35,810 shares, against 2,37,75,719 shares offered, resulting in an oversubscription of 10.80 times so far
 "Arkade Developers IPO: 67% GMP, 10.8x subscription; should you bid?")
Hero MotoCorp up 3%, at record high on positive outlook; zooms 95% in 1 yr
Hero MotoCorp stands to gain with rural growth expected to drive up demand in the two-wheeler market, particularly in the commuter segment.
 "Hero MotoCorp up 3%, at record high on positive outlook; zooms 95% in 1 yr")
Globus Spirits hits 52-week high on launching its first single malt whisky
The shares of Globus Spirits rose after the company announced the launch of its first single malt whiskey, DŌAAB India Craft Whisky.
 "Globus Spirits hits 52-week high on launching its first single malt whisky")
City gas distributors' MGL, IGL rally 6% on healthy volume growth hopes
According to reports, global brokerage UBS has recommended 'Buy' ratings on IGL and MGL with target prices of Rs 700 per share and Rs 2,400 per share, respectively
 "City gas distributors' MGL, IGL rally 6% on healthy volume growth hopes")