Page 887 - Markets News
Industry came forward for rules on small, medium Reits, says Sebi chief
Sebi implemented regulations for SM Reits aimed at significantly increasing investor interest
 "Industry came forward for rules on small, medium Reits, says Sebi chief")
Indri whisky's approval for CRPF Depots sends this alcohol stock soaring 5%
Piccadily Agro share price surged up to 4.99 per cent at Rs 788.45 per share on the BSE in Thursday's intraday deals
 "Indri whisky's approval for CRPF Depots sends this alcohol stock soaring 5%")
Lemon Tree Hotels share price up 4% on signing new property in Ujjain
The rise in Lemon Tree Hotels share price came after the company announced that it has signed a new property in Ujjain, Madhya Pradesh.
 "Lemon Tree Hotels share price up 4% on signing new property in Ujjain")
PFC, REC gain up to 3% as UBS initiates 'buy' rating on high growth outlook
UBS believe REC and PFC's growth drivers and trajectory will be similar, with REC growing slightly ahead of PFC.
 "PFC, REC gain up to 3% as UBS initiates 'buy' rating on high growth outlook")
NLC India up 4% on signing power usage pact to supply 200 MW Green Power
The surge in the NLC India share price came after the company announced that it has inked a power usage agreement for supply of 200 MW green power to Telangana.
 "NLC India up 4% on signing power usage pact to supply 200 MW Green Power")
Axis Bank to raise funds through infra bonds, may announce issue in Sept
The Indian government's strong capital expenditure push, with budget allocation at a record Rs 11.11 trillion ($132.40 billion), is prompting banks to raise funds
 "Axis Bank to raise funds through infra bonds, may announce issue in Sept")
Voda Idea, Suzlon: Trading strategies in stocks where FIIs increased stake
Voda Idea, Indus Towers, Ujjivan SFB, CoForge among top stocks where FIIs raised holdings in the June quarter; trading strategies based on technical charts here.
 "Voda Idea, Suzlon: Trading strategies in stocks where FIIs increased stake")
P&G Hygiene and Health down 4% on weak June qtr; Rs 95-dividend announced
The fall in Procter & Gamble Hygiene and Health stock came after the company announced a weak set of financial results for the fiscal and quarter ended June 30, 2024.
 "P&G Hygiene and Health down 4% on weak June qtr; Rs 95-dividend announced")
Sonata Software shares rally 8% on large order win from US-based health co
Share price of Sonata Software surged up to 8.32 per cent at Rs 677 per share on the BSE in Thursday's intraday deals
 "Sonata Software shares rally 8% on large order win from US-based health co")
Network18, TV18 surge up to 13% on CCI nod for RIL-Disney India merger
This merger of Viacom18 and Walt Disney Co's Indian media arm makes the combined entity India's largest entertainment conglomerate with a portfolio of 120 channels
 "Network18, TV18 surge up to 13% on CCI nod for RIL-Disney India merger")
Genus Power rallies 5%, hits new high on winning order worth Rs 4,469 crore
Over the past few weeks, the company has won three major orders, cumulatively valued at Rs 11,003.08 crore (net of taxes).
 "Genus Power rallies 5%, hits new high on winning order worth Rs 4,469 crore")
Govt bond yields steady, benchmark holds above 6.85% as traders await data
Fed Chair Jerome Powell had last week delivered his strongest signal that interest rates will come down in September
 "Govt bond yields steady, benchmark holds above 6.85% as traders await data")
Stocks to Watch: RIL, IndiGo, PB Fintech, Tata Steel, Paytm, KEC Int'l
The CCI has approved the merger between Reliance Industries-promoted Viacom18 and Walt Disney-owned Star India. Investors will also be focusing on RIL's AGM 2024.
 "Stocks to Watch: RIL, IndiGo, PB Fintech, Tata Steel, Paytm, KEC Int'l")
Final Hours! Premier Energies IPO ends today; GMP up 88%; Should you bid?
The public issue of Premier Energies has received a positive response from investors, with getting subscribed 6.61 times by the end of the second day of bidding
 "Final Hours! Premier Energies IPO ends today; GMP up 88%; Should you bid?")
JSW Energy arm bags additional 400 MW hybrid power project; stock gains 2%
At 10:02 AM, shares of JSW Energy were off highs and were trading 0.65 per cent lower at Rs 731.70 per share. In comparison, BSE Sensex was trading 0.24 per cent higher at 81,978.28 levels.
 "JSW Energy arm bags additional 400 MW hybrid power project; stock gains 2%")
PB Fintech shares gain 3% after 9.7 mn shares change hands via block deals
As per reports, Tencent Cloud Europe was looking to sell a 2.1 per cent of its stake, which translates to 9.7 million shares of the company, via block deals on Thursday
 "PB Fintech shares gain 3% after 9.7 mn shares change hands via block deals")
KEC International stock price jumps 7% on Rs 1,171-crore order win; details
The surge in KEC International stock price came after the company announced that it has secured new transmission and distribution (T&D) orders worth Rs 1,171 crore in the Middle East.
 "KEC International stock price jumps 7% on Rs 1,171-crore order win; details")
Oil strategy today: WTI crude may test support of $72, MCX Crude 6050
Crude oil trading strategy today, Aug 29: Weakness in the crude crack spread is bearish for oil prices
 "Oil strategy today: WTI crude may test support of $72, MCX Crude 6050")
IndiGo block deal: Nearly 23 mn shares change hands; Gangwal likely seller
IndiGo block deal news: A total of 25.73 million shares of InterGlobe Aviation have been traded so far on the bourses on the NSE and BSE
 "IndiGo block deal: Nearly 23 mn shares change hands; Gangwal likely seller")
Dividend alert! These 8 stocks turn ex-date today; do you own them?
A dividend is a portion of a company's profits paid to shareholders, typically expressed as a dividend per share. Here's the list of stocks trading ex-dividend today
 "Dividend alert! These 8 stocks turn ex-date today; do you own them?")