Page 876 - Markets News
Opens Today! PN Gadgil Jewellers IPO GMP zooms 50%. Should you bid?
P N Gadgil Jewellers IPO opened for public subscription today. Should you bid for the public issue or not? Check the brokerage call and other key details here
 "Opens Today! PN Gadgil Jewellers IPO GMP zooms 50%. Should you bid?")
Century Textiles shares climb 7% on acquiring 10 acre land parcel in Mumbai
Century Textiles stock price today surged after the company acquired around 10 acres of land parcel in Worli, Mumbai. The company plans to develop the land, through its real estate subsidiary
 "Century Textiles shares climb 7% on acquiring 10 acre land parcel in Mumbai")
IT shares in demand; Coforge up 6% as Motilal Oswal upgrades stock to 'Buy'
The IT sector is on the cusp of a mild but possibly sustained recovery in client spending, and the impending rate cut cycle should add to the sector tailwinds, according to MOFSL.
 "IT shares in demand; Coforge up 6% as Motilal Oswal upgrades stock to 'Buy'")
ixigo share price surges 5% after bus business inks deal with FlixBus
ixigo arm, AbhiBus, entered into a pact with Europe's largest intercity bus service, FlixBus, and plans to provide high-quality, yet affordable bus services
 "ixigo share price surges 5% after bus business inks deal with FlixBus")
Tata Power soars 6% on starting solar cell production at Tamil Nadu plant
The Tata group company's solar cell production, currently at 2 GW capacity, will enhance Tata Power's ability to meet the growing demand for high-quality and domestically produced solar components.
 "Tata Power soars 6% on starting solar cell production at Tamil Nadu plant")
Sebi chairperson's husband received money from M&M, alleges Congress
Automaker rejects allegations as 'false and misleading', says it didn't seek 'preferential treatment' from regulator
 "Sebi chairperson's husband received money from M&M, alleges Congress")
Upcoming IPO alert! Influx Healthtech files DRHP with NSE Emerge; details
The Influx Healthtech IPO comprises a fresh issuance of 46,32,000 equity shares, and an offer for sale of up to 13,68,000 equity shares, each with a face value of Rs 10
 "Upcoming IPO alert! Influx Healthtech files DRHP with NSE Emerge; details")
Pharma stocks soar 6% as investors respond to double dose of Good News!
Individually, shares of Laurus Labs rose up to 5.55 per cent at Rs 517.90 per share, Akums Drugs and Pharmaceuticals shares locked in 5 per cent upper circuit at Rs 910.55 a piece
 "Pharma stocks soar 6% as investors respond to double dose of Good News!")
Dixon Technologies share up after unit inks MoU with HP India; details here
Dixon Technologies arm inks MoU with HP India; Kotak recommended 'Sell'
 "Dixon Technologies share up after unit inks MoU with HP India; details here")
Bikaji, Gopal Snacks stocks get tastier as GST council cuts rate; up 8%
Gopal Snacks and Bikaji Foods share price rallied after GST Council slashed GST rates from 18 per cent to 12 per cent
 "Bikaji, Gopal Snacks stocks get tastier as GST council cuts rate; up 8%")
In demand! Tolins Tyres IPO oversubscribed 3x on Day 2; All details here
Tolins Tyres IPO was oversubscribed nearly three-fold on Day 2, after receiving bids for 21.9 million shares, against 7.5 million shares on offer
 "In demand! Tolins Tyres IPO oversubscribed 3x on Day 2; All details here")
This Tata Group stock quotes at an all-time high; market cap nears 1 trn
Shares of Indian Hotels Company hit a new high of Rs 693.35, gaining 4 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes on expectations of strong revenue growth.
 "This Tata Group stock quotes at an all-time high; market cap nears 1 trn")
SEPC shares up over 4% on bagging Rs 183-cr order from Bihar Government
The uptick in SEPC share price came after the company announced that it has secured an order of Rs 182.56 crore.
 "SEPC shares up over 4% on bagging Rs 183-cr order from Bihar Government")
Akzo Nobel India rallies 5%; hits record high on healthy growth outlook
Akzo Noble India shares climbed following the start of commercial production of powder coating products from its Gwalior plant with an installed capacity of 5,166 tonne per annum.
 "Akzo Nobel India rallies 5%; hits record high on healthy growth outlook")
Action Construction Equipment shares gain 3% on order from defence ministry
Action Construction Equipment share price gained up to 3.44 per cent at Rs 1278.15 per share on the BSE in Tuesday's intraday deals
 "Action Construction Equipment shares gain 3% on order from defence ministry")
Crude Oil Strategy today: Check target price, resistance & other key levels
Oil prices showed marginal recovery on Monday to settle a per cent up at $68.71, following its worst weekly fall since October 2023 as WTI fell 8 per cent and Brent was down 10 per cent.
 "Crude Oil Strategy today: Check target price, resistance & other key levels")
Kross IPO Day 2: GMP holds at 20%; should you park your money here?
Kross IPO subscription status: Retail Individual Investors have placed the highest bid of 2.16 times, followed by Non-Institutional Investors at 1.01 times
 "Kross IPO Day 2: GMP holds at 20%; should you park your money here?")
Bajaj Housing Finance IPO Day 2: GMP soars 92%; should you subscribe?
Shares of Bajaj Housing Finance were quoted trading at a premium of Rs 64 or 91.43 per cent in the grey market, indicating a positive market sentiment for the IPO
 "Bajaj Housing Finance IPO Day 2: GMP soars 92%; should you subscribe?")
IREDA share jumps 7% on pacts with SJVN, GMR Energy for project in Nepal
The IREDA scrip surged as much as 7.21 per cent to hit an intraday high of Rs 239.35 per share.
 "IREDA share jumps 7% on pacts with SJVN, GMR Energy for project in Nepal")
Bajaj Housing IPO buzz: 2 home finance stocks with up to 14% upside likely
Technical chart suggests that PNB Housing Finance and Repco Home Finance can potentially rally up to 14 per cent from present levels.
 "Bajaj Housing IPO buzz: 2 home finance stocks with up to 14% upside likely")