Page 978 - Markets News
Bandhan Bank shares gain 2% on strong June quarter business update
The uptick in share price came on the back of a strong June quarter (Q1FY25) business update
 "Bandhan Bank shares gain 2% on strong June quarter business update")
SME IPO opening price to be capped at 90% in pre-open on listing day: NSE
NSE price cap on SME IPO: The price control cap of 90 per cent shall be applicable only to the SME segment and not for Mainboard IPOs, NSE said
 "SME IPO opening price to be capped at 90% in pre-open on listing day: NSE")
CJI advises Sebi, SAT to be cautious, pitches for more tribunal benches
Inaugurating the new SAT premises here, CJI Chandrachud pitched for authorities to consider opening up new benches of the SAT
 "CJI advises Sebi, SAT to be cautious, pitches for more tribunal benches")
Cello World QIP: Shares rally 6.5%, hit record high as Co fixes floor price
Cello World QIP update: Cello World has launched fund raise via QIP route at a floor price of Rs 896 per share
 "Cello World QIP: Shares rally 6.5%, hit record high as Co fixes floor price")
Adani group stocks fall; ACC down 3%, Adani Ent slips 1.5%
Other Adani Group entities also saw losses, which include Adani Green 0.45 per cent, Adani Energy Solutions 0.62 per cent, Adani Total Gas 0.53 per cent and Adani Wilmar 0.46 per cent
 "Adani group stocks fall; ACC down 3%, Adani Ent slips 1.5%")
GE T&D India hits 52-week high on securing orders worth 90 million euros
The company has secured an order worth 26 million euros from Dubai-based Grid Solutions Middle East FZE
 "GE T&D India hits 52-week high on securing orders worth 90 million euros")
Top common stock market myths: The truth versus reality; fact-check here
The raging bull market has resulted in increasing faith in narratives and myths and declining focus on numbers and facts, said Kotak Institutional Equities in its July strategy report.
 "Top common stock market myths: The truth versus reality; fact-check here")
FPIs turn net buyers, investments in financials at 6-mth high: NSDL data
The heaviest-weighted sector, financials, garnered FPI inflows worth Rs 9,170 crore (about $1.1 billion) during the month, the highest since December 2023
 "FPIs turn net buyers, investments in financials at 6-mth high: NSDL data")
Suraj Estate stock rallies 9% on healthy outlook; up 101% in one month
Brokerage firm Nuvama Wealth and Investment has initiated coverage on Suraj Estate with a 'BUY' rating and a target price of Rs 757, valuing the stock at 1.4x FY26E NAV.
 "Suraj Estate stock rallies 9% on healthy outlook; up 101% in one month")
Indian govt bond yields dip in early trade following slump in US peers
Any further decline was unlikely as the market awaited debt supply on Friday, with New Delhi aiming to raise 280 billion rupees ($3.35 billion)
 "Indian govt bond yields dip in early trade following slump in US peers")
Inox Wind surges 15% as promoter completes Rs 900 crore fund infusion
The company said the funds will be utilised by IWL to completely pare down its external term debt to achieve a net debt free status.
 "Inox Wind surges 15% as promoter completes Rs 900 crore fund infusion")
This smallcap stock has surged 10% in two days; check details here
Notably, the stock has soared 10.23 per cent in the last two trading sessions
 "This smallcap stock has surged 10% in two days; check details here")
Crude Oil prices may retreat; test support at $82-80 per barrel
Recent economic data from across the region like Asia, Eurozone and the US are indicating an economic slow down ahead.
 "Crude Oil prices may retreat; test support at $82-80 per barrel")
ITD Cementation down 9%; Promoter Italian Thai Development mulls stake sale
ITD Cementation promoter stake: At the end of the March quarter, Italian-Thai Development Public Company held a 46.64 per cent stake in ITD Cementation. The stock of ITD Cementation is up 101% YTD
 "ITD Cementation down 9%; Promoter Italian Thai Development mulls stake sale")
Kaya stock freezes at 10% upper circuit on Marico marketing collaboration
Kaya stock update: In the past one month, the market price of Kaya has zoomed 73 per cent and the stock had hit a 52-week high of Rs 515.85 on June 24.
 "Kaya stock freezes at 10% upper circuit on Marico marketing collaboration")
HDFC Bank stock outlook: Here's what the F&O data, technical charts suggest
Despite a near 5 per cent rally in HDFC Bank, the derivatives data shows tepid buildup in open interest; options data indicate strong resistance likely in the Rs 1,820 - Rs 1,835 range this July.
 "HDFC Bank stock outlook: Here's what the F&O data, technical charts suggest")
As crude oil prices rise, rupee falls 5 paise to 83.54 against US dollar
Forex traders said a positive trend in domestic equities, wherein benchmark indices touched all-time high levels and significant foreign fund inflows supported the rupee and restricted the fall
 "As crude oil prices rise, rupee falls 5 paise to 83.54 against US dollar")
Explained: Sebi order on MII charges; Impact on stock brokers, investors
All you need to know about Sebi's order on MIIs charges on turnover fees; why they should be uniform in nature and how will it impact the stock brokers and end investors.
 "Explained: Sebi order on MII charges; Impact on stock brokers, investors")
This shipbuilding stock has zoomed 108% from June low; m-cap hits Rs 1 trn
Shares of Mazagon Dock Shipbuilders are continued at their upward movement, hitting a new high of Rs 4,989, gaining 6.5 per cent on the BSE in Thursday's intra-day trade on healthy business outlook.
 "This shipbuilding stock has zoomed 108% from June low; m-cap hits Rs 1 trn")
Q1 biz update: Suryoday SFB up 6% as Q1 loans grow 42% Y-o-Y, deposits 48%
Suryoday SFB stock: In a post market-hours exchange filing on Wednesday, Suryoday SFB said its June quarter loans and advances increased a staggering 42 per cent year-on-year (Y-o-Y) to Rs 9,037 crore
 "Q1 biz update: Suryoday SFB up 6% as Q1 loans grow 42% Y-o-Y, deposits 48%")