Page 923 - Markets News

Unicommerce eSolutions IPO opens today: GMP up 23%; Should you subscribe?

Unicommerce eSolutions raised Rs 124.46 crore from anchor investors on Monday, August 5, 2024, ahead of its opening for public subscription

Angel One stock up 3% on strong July biz update; client base surges 65% YoY

The uptick came after Angel One announced a strong set of numbers in its July business update.

Motherson Sumi Wiring deserves rich valuations, say analysts post Q1 show

Analysts believe that Motherson Wiring's Q1 show was muted due to start-up costs of two new plants, resulting in lower-than-estimated growth in profits and operating margins

Marico stock dips 4% on profit booking post Q1 results; Bangladesh unrest

Despite of today's decline, in the past six months, Marico has outperformed the market by surging 25%, againsts 10% rise in BSE Sensex and 14% rally in BSE FMCG index.

What will retail investors, HNIs do after the August 5 stock market crash?

The spate of recent negative news such as fears of a US slowdown, Israel-Iran tensions, sharp appreciation in the yen, may or may not be enough to dent the confidence of non-institutional investors

BLS International jumps 9% on stellar June qtr show; Q1 profit rises 70%

The uptick in the stock price came after a strong show in the June quarter of financial year 2025 (Q1FY25).

Crisis in Dhaka: Strategies for stocks of companies related to Bangladesh

Analysts believe, Indian textiles companies are likely to benefit from the Bangladesh turmoil, while that of FMCG and auto may take a hit. Here's a technical outlook on key stocks from these sectors.

FirstCry IPO opens today: 7 things to know before you bid for the issue

FirstCry IPO is available at a price band of Rs 440-465 per share with a lot size of 32 shares of the company

Akums Drugs IPO listing: Shares make muted debut on BSE, NSE; Book profit?

The grey market premium (GMP) for Akums Drugs IPO shares rose by nearly 7 per cent ahead of the listing on the BSE and NSE, indicating moderate listing gains for investors

Patel Engineering stock price zooms 7% as JV bags project worth Rs 318 cr

The uptick in the share price came after Patel Engineering announced that the Office of the Executive Engineer, Govt Maharashtra has awarded the company, along with its JV, a Rs 317.60 crore contract.

Why volatility gauge, India VIX, plunged 27% today, August 6? Details here

The Nifty50 surged 1.35 per cent, adding 327 points to hit an intraday high of 24,382.60, while the BSE Sensex gained 1,100 points, or 1.38 per cent, hitting an intraday peak of 79,852.08.

Nomura eyes three US Fed rate cuts in 2024; RBI likely to go its own way

The brokerage firm in a recent report said that the US Federal Reserve may begin rate cuts as early as next month with a 25 bp cut in September, with following rate cuts in November and December of 25

How to trade WTI crude oil amid US recession, Iran-Israel war concerns?

Oil trading strategy, August 6, 2024: Oil prices are expected to remain subdued in short to medium term as demand has deteriorated sharply from Asia and, with the US on the verge of recession

Market crash: Why Sensex fell 2,686 pts intraday, Nifty breached 24k today

Why Sensex, Nifty fell on Monday: Here are top reasons why Indian stock markets, Sensex, Nifty, fell today, August 5

Nikkei zooms 11%; why are the Asian markets rallying on Tuesday?

A technical pullback coupled with speculation of an aggressive rate cut by the US Fed has propelled Asian shares on Tuesday morning, says Kranthi Bathini of WealthMills Securities.

Nikkei up 11%, GIFT Nifty at 24,300, 6 new listings; Trade setup for Aug 6

All you need to know before market opens Tuesday: After tumbling up to 3.4%, the US stock futures were up to 2% in post market trades; Asian shares cheered the pullback. FirstCry IPO opens today.

Stocks to watch on August 6: RIL, Bharti Airtel, Lupin, TVS Motor, ONGC

At 6:31 AM, GIFT Nifty futures were up 197 points, trading at 24,299.5, indicating a robust gap-up opening.

Charts suggest downside for Nifty PSU Bank, Fin Svcs; here's how to trade

The Nifty PSU Banks Index is also showing a downward trend in the near term, with significant support expected at the 6,600 level

Market mayhem: India earnings yields now trading higher than US bonds

A sharp rise in yield spread is a bullish signal for Indian equity but it has been overshadowed by the negative cues in the global markets, said analysts

US jobs data fallout: Recession fears add to IT services sector concerns

Market sources and media reports concur that today's global sell-off may trigger an early rate cut by the US Federal Reserve