Page 941 - Markets News
Adani Energy stock zooms 18% in 3 days on buzz of strong demand for its QIP
According to media reports, AESL's $1-billion QIP got strong response and was subscribed over 6 times.
 "Adani Energy stock zooms 18% in 3 days on buzz of strong demand for its QIP")
LIC, HDFC Life: Insurers stocks log up to 20% gain in July; what next?
Technical charts suggest that bias for insurance shares, barring Star Health, remain upbeat; hence, these stocks could see up to 12 per cent further upside from current levels.
 "LIC, HDFC Life: Insurers stocks log up to 20% gain in July; what next?")
Trading tips: What should you do with Bank of Baroda stock after Q1 result?
Bank of Baroda share price: On July 31, Bank of Baroda reported a standalone net profit of Rs 4,458 crore for Q1FY25, rising 9.5 per cent over the previous year profit
 "Trading tips: What should you do with Bank of Baroda stock after Q1 result?")
Firstsource Solutions surges 13% on heavy volumes; zooms 75% from June lows
FSL revised its revenue growth guidance to 11.5-13.5 per cent for FY25 in CC terms (vs 10-13 per cent earlier)
 "Firstsource Solutions surges 13% on heavy volumes; zooms 75% from June lows")
Relaxo falls 3% on weak Q1FY25 results; record date for dividend announced
The fall in the stock price came after the company reported a weak set of June quarter of financial year 2025 (Q1FY25) results.
 "Relaxo falls 3% on weak Q1FY25 results; record date for dividend announced")
Nifty rallies from 20,000 to 25,000 in 221 sessions; Check top movers here
Nifty 20K-25K top movers: Bajaj Auto has zoomed 100% since Nifty hit 20K on September 11, 2023. BPCL, Coal India, Mahindra & Mahindra, ONGC, Tata Motors and Hero MotoCorp other major Nifty 50 gainers.
 "Nifty rallies from 20,000 to 25,000 in 221 sessions; Check top movers here")
Phoenix Mills falls 3% after Q1 margin contacts; announces 1:1 bonus issue
The fall in the share price came after the company saw its margin squeeze in the June quarter of financial year 2025 (Q1FY25).
 "Phoenix Mills falls 3% after Q1 margin contacts; announces 1:1 bonus issue")
Crude Oil outlook: Global conflicts, rate cut optimism up bullish bets
The geo-political risk and expectation of three rate cuts from US fed has triggered rally in oil prices, says Mohammed Imran.
 "Crude Oil outlook: Global conflicts, rate cut optimism up bullish bets")
KRBL stock tanks 7% on weak June quarter show; profit more than halves
The fall in the stock price came after the company reported a weak set of June quarter results.
 "KRBL stock tanks 7% on weak June quarter show; profit more than halves")
Ceigall India IPO opens today: GMP up; should you bid? Brokerage calls here
The three-day subscription window of the Ceigall India IPO opens today. Should You Subscribe to the public issue? Here's what brokerages recommend
 "Ceigall India IPO opens today: GMP up; should you bid? Brokerage calls here")
Sansera up 2% on inking MoU for acquisition of 55 acres of industrial land
The uptick in the stock price came after the company announced that it has signed a memorandum of understanding (MoU) with Karnataka Udyog Mitra for acquisition of 55 acres of industrial land.
 "Sansera up 2% on inking MoU for acquisition of 55 acres of industrial land")
Govt exempts PSUs from meeting public shareholding norms for 2 years
All listed Indian companies, including public sector firms, are required to maintain a minimum public shareholding of 25% as per the market regulator's rules
 "Govt exempts PSUs from meeting public shareholding norms for 2 years")
Ceigall India IPO opens tomorrow; GMP, price band, key details to know
Ceigall India is an infrastructure construction company with expertise in specialised structural projects. The company intends to raise Rs 1,252.66 crore from the IPO
 "Ceigall India IPO opens tomorrow; GMP, price band, key details to know")
Stocks to Watch Today, August 1: Infosys, Godrej Prop, Adani Ent, ITC, TaMo
Stocks to watch today, August 01, 2024: GIFT Nifty indicates a positive start for the benchmark equity indices on Thursday. Here is the list of buzzing stocks to watch during today's trading session
 "Stocks to Watch Today, August 1: Infosys, Godrej Prop, Adani Ent, ITC, TaMo")
Ajit Mishra from Religare Broking suggests buying these three stocks today
Market reactions to the US Fed meeting outcome will be evident in early trades on Thursday. Indications suggest that the current market tone will persist.
GIFT Nifty, Fed meet, Gold prices; all you need to know about markets today
Key triggers for market on August 01: The US Fed hinted at a likely rate cut in September citing progress in inflation; Bond yields dipped to near 4 per cent, Gold surged to a record high of $2,500.
 "GIFT Nifty, Fed meet, Gold prices; all you need to know about markets today")
NTPC, Tata Steel among top picks by Jigar S Patel of Anand Rathi for Aug 1
Apollo Pipes has recently demonstrated a classic technical pattern known as a triple bottom around its historical support level near the Rs 600-mark.
 "NTPC, Tata Steel among top picks by Jigar S Patel of Anand Rathi for Aug 1")
Nifty Auto, Energy bullish on charts; check key levels and trading strategy
The Nifty Energy Index also exhibits a bullish trend on the charts in the near term. However, maintaining a strict stop-loss is essential for all bullish positions.
Budget with BS: Market mavens divided on LTCG tax hike from 10% to 12.5%
Call for fair treatment of domestic and foreign investors; review retrospective tax implications
 "Budget with BS: Market mavens divided on LTCG tax hike from 10% to 12.5%")
Sebi clarifies on reports pertaining T+0 system mandatory for all
"This has been erroneously reported in a section of the press as Sebi bats for making the T+0 system mandatory for all," the regulator said
 "Sebi clarifies on reports pertaining T+0 system mandatory for all")