Page 906 - Markets News

Hindustan Zinc slips 8% after Vedanta begins partial stake sale via OFS

Hindustan Zinc OFS: Vedanta will offload 3.2 per cent stake in HZL at a floor price of Rs 486 per share. This is at a 15-per cent discount to HZK's last closing price

Power Mech stock price gains 7% on Rs 114 crore-order win; details here

The rise in the share price came after the company announced that it has secured an order worth Rs 114.30 crore from Coastal Energen Private Limited.

Saraswati Saree Depot IPO allotment: See status, GMP, likely listing price

The public issue, which closed for subscription on Wednesday, August 14, 2024, witnessed overwhelming demand, with the IPO being subscribed 107.39 times by the final day

Govt bond yields expected to rise tracking US peers, debt sale in focus

The benchmark 10-year yield is likely to move between 6.85 per cent and 6.89 per cent

Can Nifty clear 24,350 hurdle today? Global stocks gain on US rate cut bets

All you need to know before market opens on Friday: Stronger US economic data has fueled bets on Sept rate cut; Back home, FIIs net sales near Rs 30,000 cr in Aug; 19 stocks in F&O ban period today.

Nifty IT faces bearish trend on charts; should you sell? Analyst answers

The Nifty IT Index is currently showing an upward trend on the charts, with the index nearing its weekly resistance levels for this week, which are expected to be between 39,925 and 40,000

Ajit Mishra of Religare Broking suggests buying these three stocks today

We are seeing a noticeable strength in paint stocks and Berger Paints is trading in sync with the move.

Capital goods, pharma, auto sectors shine with strong profit growth in Q1

IT Services and FMCG companies reported a slight uptick in revenue growth in Q1FY25, but their growth remains in low single digits

India Inc earnings slow down in Q1FY25 despite operating margin gains

The companies in our sample reported a combined net profit of Rs 3.39 trillion in Q1FY24, down 4.23 per cent from a record high quarterly net profit of Rs 3.54 trillion in Q4FY24

NYSE, Nasdaq increase scrutiny of Chinese firms amid volatility concerns

Investment bankers, lawyers and professional services companies on the matter said that the Nasdaq had been focusing on the identity and background of investors

World stocks regain stability as US retail sales report reassures

Retail sales increased 1.0 per cent last month, well above market forecasts for a 0.3 per cent gain, the Commerce Department's Census Bureau said

Global crypto exchange Binance set to start ops in India after 6 months

Registers as reporting entity with FIU

Rights issues in 2024 yield twice the bounty of last year amid buoyant mkt

Six firms secure Rs 1,000 crore+ each as average ticket size doubles

China asks rural banks to limit MF investments amid regulatory push: Report

Last week, China's interbank watchdog said it would investigate four rural commercial banks for suspected bond market manipulation

Investment advisers, analysts must disclose AI tool usage to clients: Sebi

Sebi, in its consultation paper earlier this month, highlighted the growing usage of AI tools in Investment Adviser (IA) and Research Analyst (RA) services

Indian investors value sustainability, struggle to get good data: Deloitte

Highlighting the growing trend of sustainable investing, the report states that about 78 per cent of Indian institutional investors invest up to 30 per cent of their funds to finance organisations

Stock Markets closed on Independence Day 2024; trading to resume on Aug 16

Other stock market holidays for the year include Gandhi Jayanti on Oct 2, Diwali on Nov 1, Guru Nanak Jayanti on Nov 15, and Christmas on Dec 25

Diversified presence, order book to sustain gains for Samvardhana Motherson

While the performance was steady and in line with expectations, most of the revenue growth for the quarter came from acquisitions

Valuations, near-term headwinds keep brokerages cautious on Bosch

Sales growth of 4 per cent for the second-largest listed auto parts player by market capitalisation came from the mobility segment

Fund at heart of Hindenburg charges not domiciled in Mauritius, says FSC

The Mauritian fund was run by an Adani director and its ultimate parent was the vehicle used by two Adani associates to round-trip funds and inflate stock prices