Page 882 - Markets News

SJVN, RailTel, NHPC get 'Navratna' status; stocks rise up to 5.2%

SJVN, NHPC and RailTel shares climb after government grants 'Navratna' status

GPT Infra stock gains 5% on emerging as lowest bidder for Rs 204-cr project

The rise in GPT Infra share price came after the company announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 204 crore from CAO Construction, South Eastern Railway Kolkata.

MOIL shares slump over 3% after price reduction of manganese ore; details

The stock prices of MOIL slipped after the company announced that effective September 1, 2024, it will reduce prices across several categories of Manganese Ore and related products

Nifty's winning run extends to 13th day in longest uninterrupted streak

During these 13 trading sessions, starting August 14, the Nifty has rallied 1,150 points, or 4.7 per cent

Indian Hume Pipe surges 14% on securing LoI for order worth Rs 859 crore

Indian Hume Pipe has received a letter of intent, with order value of Rs 858.88 crore from Tapi Irrigation Development Corp, Jalgaon, for the construction of gravity piped distribution network.

Brokerages bullish on Gala Precision IPO; GMP jumps 45%; should you bid?

Several brokerages, including Deven Choksi Research, Anand Rathi, Swastika Investmart, and Choice, have shared their outlook on the Gala Precision Engineering IPO for the investors

F&O Cues: Options data hint more gains for Nifty; 4 stocks see long buildup

Derivative market update for Monday, Sept 02: FIIs long-short ratio in index futures rose to 2.6:1, implying 5 longs for every 2 shorts. Bandhan Bank, Syngene and Granules India see long buildup.

Weekly Outlook: Nifty eyes 25,550; but this chart pattern can derail rally

Market outlook for Sept 02 - 07, 2024: The Nifty seems favourably placed on the short-term chart; but formation of 'Hanging Man' pattern on the monthly chart may be a reason to worry going ahead.

Indian govt bond yields seen marginally higher, tracking US peers

Markets are fully pricing in a rate cut of at least 25 basis points at the Fed's mid-September meeting

Emkay ups Nifty Sept 2025 target to 26,000; 'extended' sideways move likely

Emkay Global has raised the Nifty50 target to 26,000 for September 2025 on the back of rate cuts, revival in rural consumption, and earnings growth

Dividend, Stock Split: These shares trade ex-date today; are you eligible?

A dividend is a portion of a company's earnings distributed to its shareholders, representing a reward for investors, typically paid out on a quarterly or annual basis

Why Sebi is facing criticism over ICICI Securities, ICICI Bank merger

Facing an unprecedented attack on its credibility, the last thing that the SEBI would want is to give the impression that while all M&A is equal, some transactions are more equal than others

Stock market today: F&O rules, Dow at high again, Gala Precision IPO eyed

Stock market today: Investors will keep an eye on Gala Precision IPO, Indian auto sales numbers and other important triggers

Stocks to Watch: Eicher, MSIL, NBCC, Biocon, Insecticides India, KIMS

Sales of Royal Enfield motorcycles fell 5 per cent to 73,629 units in August 2024, compared to 77,583 units in the year ago period. Meanwhile, their exports dropped 2 per cent to 8,006 units YoY.

Asian share mkts off to a quiet start, dollar firm ahead of US jobs report

The dollar was hanging on to gains made on Friday after upbeat spending figures led markets to trim the chance of a half-point easing from the Federal Reserve

Broader market shows weakness after action packed August; trading tips here

August was an action-packed month, initially marked by sharp declines as prices corrected from 25,000 to 24,000 in just three days

Nifty50, MidCap Select index hit key resistance; should you book profits?

The Nifty Midcap Select Index has recently approached its resistance level at 13,200. This level is likely to act as a barrier to further upward movement, causing the index to halt its rally

SDBL, Hikal among today's top stock picks by Jigar S Patel of Anand Rathi

Between March 2023 and June 2024, Hikal Limited's stock was in a consolidation phase, trading within a relatively narrow range of Rs 260 to Rs 320

Rajesh Bhosale of Angel One recommends buying these two stocks today

On the weekly chart, UPL has confirmed a bullish reversal pattern known as the 'Inverse Head and Shoulders

Govt to amend CPSE capital restructuring guidelines for dividend payment

As per capital restructuring guidelines issued, CPSEs that do not have plans to deploy their capital optimally for business purposes should have professional look at surplus funds available to them