Page 928 - Markets News

Govt bonds receive $1 billion inflow as investors shrug off curbs

Offshore investors bought Rs 90.9 billion ($1.1 billion) of the so-called fully accessible route bonds in the week through Aug. 2

Sheela Foam stock price tanks 9% on weak Q1FY25 operational performance

The fall came after the company posted a weak set of operational performance in the June quarter of FY25 (Q1FY25).

USFDA issues 3 observations to Gland Pharma Hyderabad Unit, stock down 6%

The inspection at the Hyderabad facility took place between July 25, 2024 and August 02, 2024.

Sensex, Nifty tumble: How deep can the Indian stock market correction be?

Stock Market Outlook: The Sensex has shed 4.3% from its all-time high in 3 trading days and the Nifty is seen testing support at 24,250. Here's what charts suggest on likely trend ahead.

PCBL hits new high in weak market on heavy volumes; zooms 50% in 9 days

The average trading volumes on the counter jumped nearly three-fold. A combined 16.84 million equity shares representing 4.5 per cent of total equity have changed hands on the NSE and BSE

Paris Olympics 2024: Gold, Sensex dazzle since Tokyo 2021 games, CLSA says

Gold prices, CLSA said, have risen from $1,806 per ounce (oz) since Tokyo Olympics 2020 began on July 23, 2021 to $2,387/oz at the start of Paris Olympics 2024 on July 26

IEX total volume rises 56% YoY to 13,250 MU in July; stock trades flat

In July 2024, the Indian Energy Exchange (IEX) set a new record with the highest total trading volume, including certificates, reaching 13,250 MU. The figure marks an approximately 56% increase Y-o-Y.

Mid, SmallCap indices dip 4% each; LIC Housing, IRFC, CG Power tank over 5%

Tata Tech from the midcap index and Equitas SFB, Kolte Patil Developers, Landmark Cars, Nilkmal, Spandana Sphoorty and Tasty Bite from the smallcap index hit their respective 52-week lows

Ashoka Buildcon gains on emerging lowest bidder for two projects from MMRDA

The uptick in the share price came after the company announced that it has emerged as the lowest bidder (L-1) for two projects from Mumbai Metropolitan Region Development Authority (MMRDA).

Global stock market sell-off: Chris Wood of Jefferies decodes impact

Indian stock market is much more resilient in the face of a US downturn and related Wall Street sell-off than the likes of Japan, Wood said

India bond yields seen lower in early trading as US peers nosedive

US Treasury yields nosedived on Friday after data showed the world's largest economy created fewer jobs than expected in July and the unemployment rate rose, boosting bets of aggressive rate cuts

India Inc braces for share buyback rush ahead of changes to tax rules

At least 11 firms, including Indus Towers Ltd., have or are set to approve share buybacks shortly after the new regime was proposed in the budget on July 23

Global markets crack up to 7%, GIFT Nifty at 24,350; Key factors for Aug 05

All you need to know before market opens on Monday: Japan's Nikkei has plunged 14.7 per cent in the last three days after Bank of Japan unexpectedly raised interest on July 31. Yen up 10% in 3 weeks.

Stocks to Watch on August 5: Infosys, SBI, Titan, Britannia, Ambuja Cement

At 6:41 AM, GIFT Nifty futures were down 369 points, trading at 24,342.50, suggesting a gap-down start.

Buying ideas for Aug 5: Asian Granito, IDFC First Bank, Borosil Renewables

Asian Tiles has recently confirmed a significant breakout from a long-standing falling trend line, surpassing the Rs 86 mark

Nifty50 trading strategy: Key Support at 24,600, Resistance at 25,000

There have been insignificant alterations to the price action for Nifty, though the overall market breadth turned a bit exhaustive, indicating a sign of caution.

These are top picks by Osho Krishan of Angel One for August 05

IEX witnessed a substantial increase in price in the last couple of trading sessions from the 21 DEMA on the daily chart.

Correction in sight for Nifty 50, MidCap Select; should you buy the dips?

The Nifty 50 Index is currently experiencing a downward trend in the near term, as seen on the charts. Despite this short-term decline, the overall trend remains bullish

Weak US employment report sends global markets careening off track

Indian markets also fell more than 1 per cent on Friday, with the benchmark National Stock Exchange Nifty ending at 24,718

Street signs: Rs 12,000 crore IPO gauntlet, regulatory quake, and more

The Securities and Exchange Board of India's proposed tightening of derivatives trading rules is expected to have a profound impact on stock exchanges