Page 903 - Markets News
Zomato share price falls as 2% equity changes hands via block deals on BSE
According to reports, Antfin Singapore will likely sell shares in Zomato worth $408 million at floor price of Rs 251.68 per share via block deal.
 "Zomato share price falls as 2% equity changes hands via block deals on BSE")
Crude oil prices hit 2-week lows; how to trade, key levels to watch today?
Crude oil outlook today, Aug 20: Oil prices tumbled to two-week lows on Tuesday morning in Asian trade with WTI future trading down 0.4 per cent
 "Crude oil prices hit 2-week lows; how to trade, key levels to watch today?")
IndusInd Bank stock price surges on RBI nod for Mutual Fund business
The increase in stock price follows the RBI approval for the bank to establish a wholly owned subsidiary dedicated to asset management and mutual funds, with additional equity capital infusion.
 "IndusInd Bank stock price surges on RBI nod for Mutual Fund business")
Polycab India shares rise 3% after UBS initiates 'buy'; check out target
UBS is bullish on Polycab India on the back of better-than-expected domestic volume growth, domestic market share gains, and a distribution-led export business model
 "Polycab India shares rise 3% after UBS initiates 'buy'; check out target")
How to trade Titan, other jewellery stocks amid rising Gold prices?
Stocks like PC Jeweller, TBZ, Kalyan Jewellers and Senco Gold can potentially rally up to 27% from current levels, suggest technical charts.
 "How to trade Titan, other jewellery stocks amid rising Gold prices?")
Ola Electric rallies for 7th straight day; zooms 107% against issue price
Ola Electric share price: While the long-term potential of Ola Electric might be appealing, the current valuation appears to be quite speculative, analyst said
 "Ola Electric rallies for 7th straight day; zooms 107% against issue price")
Sequent Scientific stock hits 52-week high on WHO prequalification nod
The rise in the share price came after the company announced that it has received World Health Organisation (WHO) prequalification approval for Albendazole Active Pharmaceutical Ingredient (API).
 "Sequent Scientific stock hits 52-week high on WHO prequalification nod")
DCM Shriram stock gains after commissioning of Hydrogen Peroxide plant
The rise in the share price came after the company announced that it has successfully commissioned a new Hydrogen Peroxide plant.
 "DCM Shriram stock gains after commissioning of Hydrogen Peroxide plant")
UBS initiates coverage on KEI Industries with 'buy', sees over 40% upside
With a 12-month view and a 'buy' call on KEI Industries, UBS has given a target of Rs 6,150 per share, which implies a 40.8 per cent upside from Monday's (August 19) closing
 "UBS initiates coverage on KEI Industries with 'buy', sees over 40% upside")
Indian govt bond yields steady, RBI warns of cautious policy on inflation
The benchmark 10-year yield is likely to move between 6.85 per cent and 6.88 per cent
 "Indian govt bond yields steady, RBI warns of cautious policy on inflation")
Market Today: Global cues, Saraswati Saree listing in focus; GIFT Nifty up
Stock market trading guide today, Tuesday: How will Indian stock markets trade today? What are the key Nifty levels to watch?
 "Market Today: Global cues, Saraswati Saree listing in focus; GIFT Nifty up")
Stocks to watch, Aug 20: Zomato, IndusInd Bank, Saraswati Saree Depot
Stocks to watch on August 20: According to reports, a significant deal is expected on Tuesday, with Antfin Singapore planning to sell 13.6 crore shares, representing 1.54 per cent of the total equity
 "Stocks to watch, Aug 20: Zomato, IndusInd Bank, Saraswati Saree Depot")
Nifty Financial Services to maintain its bull run; should you buy on dips?
Both the Nifty Financial Services Index and the Nifty PSU Banks Index exhibit positive trends and are supported by strong technical indicators
 "Nifty Financial Services to maintain its bull run; should you buy on dips?")
Sebi proposes changes in debenture trustee appointment to smoothen process
The change will streamline the process for appointing debenture trustees in the issuance of securities, ensure transparency in the appointment of debenture trustees
 "Sebi proposes changes in debenture trustee appointment to smoothen process")
Tepid top line starts to show on India Inc's profit growth: Analysts
Earnings upgrade at risk without a revenue revival, say analysts
 "Tepid top line starts to show on India Inc's profit growth: Analysts")
ABB, Exide, Pidilite among 5 stocks testing 100-DMA support; charts here
In general stocks trading above the key moving averages such as the 20-, 50-, 100- and 200-DMAs are considered trading with a bullish bias and vice versa.
 "ABB, Exide, Pidilite among 5 stocks testing 100-DMA support; charts here")
Lower growth, lack of valuation comfort to weigh on pipes maker Astral
Plumbing revenue was up 8 per cent year-on-year (Y-o-Y) and was lower than Street estimates due to lower volume growth at 16 per cent, compared to 23 per cent in Q4FY24
 "Lower growth, lack of valuation comfort to weigh on pipes maker Astral")
Sebi releases guidelines for market borrowing by Category I, II AIFs
Under the rule, Category I and II AIFs are not allowed to borrow or use leverage for investments, except in limited cases for temporary needs
 "Sebi releases guidelines for market borrowing by Category I, II AIFs")
Sebi to expand scope of ESG finance framework to more products: Report
The Securities and Exchange Board of India will consult on introducing social bonds, along with sustainable and sustainability-linked bonds
Sebi categories dues worth Rs 76,293 crore as 'difficult to recover'
Difficult to recover (DTR) dues are those that could not be recovered even after exhausting all modes of recovery
 "Sebi categories dues worth Rs 76,293 crore as 'difficult to recover'")