Page 945 - Markets News
SpiceJet share price up 4.5% after SC upholds Delhi HC order favouring co
SpiceJet Supreme Court order: The Supreme Court, today, likely dismissed a petition filed by Kalanidhi Maran against the Delhi High Court's order which quashed the arbitral award in favour of Maran
 "SpiceJet share price up 4.5% after SC upholds Delhi HC order favouring co")
ION Exchange, Mphasis: Mid, smallcap stocks surge in trade; check reasons
The BSE Midcap index climbed 1.81 per cent during intra-day trade, driven by gains in SJVN, Ashok Leyland, and Mphasis
 "ION Exchange, Mphasis: Mid, smallcap stocks surge in trade; check reasons")
SBI Life stock scales new high; up 13% in 3 days on strong Q1 performance
The stock of life insurance company was trading higher for the third straight day, and has rallied 11 per cent after the company reported a strong performance in June quarter (Q1FY25).
 "SBI Life stock scales new high; up 13% in 3 days on strong Q1 performance")
Sun Pharma hits all time high on US FDA nod for alopecia drug 'Leqselvi'
This came after Sun Pharmaceuticals announced that the US Food and Drug Administration (USFDA) has approved its new drug application for Deuruxolitinib, a new treatment for Alopecia Areata
 "Sun Pharma hits all time high on US FDA nod for alopecia drug 'Leqselvi'")
Ion Exchange, EMS, Antony Waste zoom up to 35% post Budget. Here's why
The Finance Minister in Budget speech said the government to promote water supply, sewage treatment and solid waste management projects and services for 100 large cities through bankable projects.
 "Ion Exchange, EMS, Antony Waste zoom up to 35% post Budget. Here's why")
BL Kashyap hits 52-week high on Rs 160 crore-order win; stock surges 7%
The share price jumped after the company announced that it has secured an order with Rs 160 crore from Suruchi Properties, a group company of Century Real Estate Holdings.
 "BL Kashyap hits 52-week high on Rs 160 crore-order win; stock surges 7%")
Motilal Oswal shares jump 5% after stellar Q1FY25 results; check details
Shares of the financial services firm, Motilal Oswal shot up by 4.93 per cent at 606.65 per share on the BSE in Friday''s intraday trade
 "Motilal Oswal shares jump 5% after stellar Q1FY25 results; check details")
RBI's proposed liquidity norms expected to raise demand for bonds
The new norms will pose requirements for higher liquid assets for the banks to shore up their LCRs
 "RBI's proposed liquidity norms expected to raise demand for bonds")
F&O Watch: Market starts August series with record high OI; bias bullish
Nuvama Alternative & Quantitative Research expects the bullish momentum in the market to continue with sectoral rotation in August derivatives series.
 "F&O Watch: Market starts August series with record high OI; bias bullish")
Sobha block deal today: Stock falls 4.5% as around 5 mn shares change hands
Block deals today: Reports said the Godrej family-owned Anamudi LLP was the likely seller of the 5 per cent stake
 "Sobha block deal today: Stock falls 4.5% as around 5 mn shares change hands")
Possibility of imposing caps on govt bonds to curb hot money inflows
Since September, when India's inclusion in the JPMorgan index was announced, foreigners have invested a net amount of $12.7 billion
 "Possibility of imposing caps on govt bonds to curb hot money inflows")
Cyient's stock plunges 9% after weak Q1FY25 results; check details here
Shares of engineering research and development firm fell as much as 8.99 per cent at 1724 per share on the BSE in Friday''s intraday trade
 "Cyient's stock plunges 9% after weak Q1FY25 results; check details here")
Small-cap VST Industries announces 10:1 bonus issue; share price soars 7%
The uptick in stock price came after the company announced a bonus issue for the first time.
Govt's 10-year benchmark bond yield dips to 2-year low; auction demand key
The benchmark 10-year yield was at 6.9357 per cent as of 10:00 a.m. IST, compared with its previous close of 6.9512 per cent
 "Govt's 10-year benchmark bond yield dips to 2-year low; auction demand key")
Indus Towers buyback: Board meet on July 30; stock up 125% thus far in 2024
Indus Towers buyback plan: Share price hits over six-year high of Rs 447.30, gaining 5% on the BSE on July 26
 "Indus Towers buyback: Board meet on July 30; stock up 125% thus far in 2024")
Here's why SJVN stock price rallied over 13% on July 26; find details here
The share price rose after the company announced that that Government of Mizoram has alloted 2,400 MW Darzo Lui pumped storage project (PSP) to SJVN.
 "Here's why SJVN stock price rallied over 13% on July 26; find details here")
Sona BLW: Why Nomura thinks auto component firm may surpass industry growth
The electric vehicle (EV) revenue accounted for 33% of total revenue. The company's order book expanded to Rs 23,300 crore in Q1FY25, from Rs 22,600 crore in Q4FY24.
 "Sona BLW: Why Nomura thinks auto component firm may surpass industry growth")
Stocks to Watch, July 26: Tech M, Cipla, UBL, Power Grid, Sobha, Sanstar
Stocks to Watch today, Friday, July 26: Anamudi Real Estates LLP, wholly owned by the Godrej Family, is likely to sell 5 per cent of its stake in Sobha via a block deal
 "Stocks to Watch, July 26: Tech M, Cipla, UBL, Power Grid, Sobha, Sanstar")
Derivative strategy: Nandish Shah of HDFC Sec suggests Bull Spread on IOC
F&O strategy for Indian Oil stock: IOCL share price has broken out on the daily chart to close at highest level since February 2024 with a sharp rise in volumes
 "Derivative strategy: Nandish Shah of HDFC Sec suggests Bull Spread on IOC")
Budget: TDS on income from G-sec unlikely to impact retail participation
In the Union Budget for the previous financial year 2023-24, it was announced that a 10 per cent TDS on interest payments would be applied to listed bonds (debentures) starting April 1, 2023
 "Budget: TDS on income from G-sec unlikely to impact retail participation")