Page 902 - Markets News

Indices gain amidst fed rate cut optimism; IT, financial stocks lead

Analysts said the latest data had eased fears of slowing economic growth in the US

Benchmark stocks to rise modestly by year-end, correction unlikely: Poll

Breaching the 81,000 mark for the first time in July, the benchmark index of the world's fastest growing major economy is up over 11 per cent this year

SAIL, NMDC are down up to 9% in 1 month; is it time to buy steel stocks?

Domestic steel spread is at Rs 24,330 per tonne ( the lowest since March 2024) and the price of hot rolled coil (HRC) is at Rs 51,370 per tonne (the lowest since December 2020), said Dixit

Wealthy Indians' plan to invest abroad via GIFT city hits roadblock

The regulator for Gujarat International Finance ­Tec-­City is halting approvals for family investment funds after feedback from the central bank

MobiKwik turns profitable in FY24 with Rs 14.08 cr profit, revenue up 58.7%

The firm had posted its first-ever consolidated profit of Rs 3 crore during the first quarter of financial year 2024 (Q1 FY24)

Four listed REITs disburse Rs 1,371 cr to unitholders in Apr-Jun quarter

Indian REITs Association (IRA) data showed that in the latest June quarter, these four REITs have together distributed more than Rs 1,371 crore to over 2,45,000 unit holders

Stock Market Highlights, Aug 20: Sensex rises 378 pts, Nifty nears 24,700; all but FMCG rise

Stock Market Highlights on August 20: Bajaj Finserv, IndusInd Bank, Tech M, Bajaj Finance, Kotak Bank, and Axis Bank were the top large-cap gainers, rising up to 3.3 per cent

Broking shares rally; Angel, IIFL, ICICI Securities, MOFSL surge up to 18%

The outlook for Indian capital market related businesses continues to remain positive over the medium to long term.

In a setback to BSE, Sebi denies relief on payment of regulatory fee

Exchange's board has advised payment of Rs 167 cr of dues after regulator's response to letter seeking a review

No plan to probe Buch over Hindenburg row: FinMin sources deny media report

Hindenburg Research on August 10 alleged that Sebi Chief Madhabi Buch and her husband had alleged investments in obscure offshore funds, which were used in the alleged Adani money syphoning scandal

Tech Mahindra shares reach 52-week high after 103 acre land sale: details

Shares of Tech Mahindra soared up to 2.48 per cent, hitting its 52-week high at Rs 1,634.25 per share on the BSE in Tuesday's intraday trade

Surya Roshni hits over six-month high, surges 29% in 7 days post Q1 results

Margins improved by 217 bps reaching to 8.37% on account of significant improvement in operating profitability of steel pipes biz and stability in the margins of lighting and consumer durable biz.

Ola Electric charges new-age stocks; Can Zomato, Paytm extend rally ahead?

New-age stocks have zoomed up to 80% from Election Result day lows. Charts suggest PolicyBazaar, Paytm, Nykaa and Delhivery can rally another 12%; while Zomato and CarTrade may dip going ahead.

Marksans Pharma hits 52-week high after USFDA issues EIR for Goa facility

Shares of Marksans Pharma soared up to 1.98 per cent at Rs 220.14 per share on the BSE in Tuesday's intraday trade

Hindustan Zinc shares jump 4% on dividend announcement of 950% for FY25

Hindustan Zinc has announced that its board declared a dividend of Rs 19 per equity share, or 950 per cent on the face value of Rs 2 per equity share, for FY25

Shipbuilding stocks trade weak; Mazagon Dock, Cochin, GRSE down up to 9%

These stocks have corrected between 27 per cent and 38 per cent from their respective all-time high levels touched in July.

Here's why Kotak Institutional Equities thinks IndiGo stock may rerate

Kotak Institutional Equities has a 'Buy' rating on the stock with a target price of Rs 5,400, suggesting 28 per cent upside from current levels

Allcargo Logistics shares shoot up to 12% on July's business data; details

Shares of Allcargo Logistics soared up to 11.59 per cent at Rs 68.65 per share on the BSE in Tuesday's intraday trade. This came after the company on Monday released its monthly business figures

Sapphire Foods stock rises over 4% on fixing record date for stock split

The surge in Sapphire Foods share price came after the company announced that it has fixed September 5 as the 'Record Date' for stock-split.

Interarch Building Products IPO Day 2: See subscription details, GMP & more

The three-day subscription window to bid for the Interarch Building Products IPO closes tomorrow, August 21, 2024