Page 982 - Markets News
PC Jeweller hits 52-week high on staging turnaround in Q1; revenue up 158%
Shares of PC Jeweller surged up to 4.42 per cent, hitting its 52-week high at Rs 99.46, a piece on the BSE in intraday deals
 "PC Jeweller hits 52-week high on staging turnaround in Q1; revenue up 158%")
Metal shares fall on adverse SC ruling; Tata Steel, Vedanta drop up to 6%
The Supreme Court today ruled in favor of the State governments' authority to levy taxes on mineral rights.
 "Metal shares fall on adverse SC ruling; Tata Steel, Vedanta drop up to 6%")
Samvardhana Motherson International shares rally on Q1 show: profits up 70%
Shares of Samvardhana Motherson International Ltd (SAMIL) surged up to 4.42 per cent at Rs 188.75 a piece on the BSE
 "Samvardhana Motherson International shares rally on Q1 show: profits up 70%")
Piramal Enterprises stock tumbles 10% post June quarter results
The net interest margin (NIM) of the finance company dropped to 6.7 per cent compared to 7.3 per cent in the last year.
 "Piramal Enterprises stock tumbles 10% post June quarter results")
Ashoka Buildcon Q1 net soars 148%, order book at Rs 10K cr; stock trades up
Ashoka Buildcon stock update: The stock had gained over 4 per cent in intra-day deals; but soon pared gains. Total income increased by 22 per cent in Q1FY25.
 "Ashoka Buildcon Q1 net soars 148%, order book at Rs 10K cr; stock trades up")
India bond yields marginally lower as traders await US inflation data
India's retail inflation eased in July due to vegetable inflation falling and high base effect as annual retail inflation was 3.54 per cent in July, lowest since Aug 2019, down from 5 per cent in June
 "India bond yields marginally lower as traders await US inflation data")
SJVN shares zoom 9% on stellar Q1FY25 earnings; power sales grow 238% YoY
SJVN's stock surged up to 8.68 per cent at Rs 148.85 a piece on the BSE in Wednesday's intraday trade
 "SJVN shares zoom 9% on stellar Q1FY25 earnings; power sales grow 238% YoY")
Hero MotoCorp shares fall over 4%, despite strong Q1FY25 results; Details
Hero MotoCorp's consolidated net profit in Q1 FY25 climbed 47.3 per cent Year-on-Year (Y-o-Y) to Rs 1,032 crore
 "Hero MotoCorp shares fall over 4%, despite strong Q1FY25 results; Details")
Hindustan Zinc dips 4% as Vedanta board okays 2.6% stake sale via OFS
Meanwhile, Hindustan Zinc has dismissed rumours of Rs 6,000 crore worth special dividend.
 "Hindustan Zinc dips 4% as Vedanta board okays 2.6% stake sale via OFS")
Saraswati Saree Depot IPO closes today; Should you Bid? Check GMP & more
The unlisted shares of Saraswati Saree Depot are commanding a strong premium on the last day of subscription. Should you subscribe to the Saraswati Saree Depot IPO?
 "Saraswati Saree Depot IPO closes today; Should you Bid? Check GMP & more")
Nykaa shares jump 6% after strong Q1 show; net profits grow 152% YoY
Shares of FSN E-Commerce Ventures soared as much as 5.76 per cent at Rs 197.35 per share on the BSE in Wednesday's intraday trade
 "Nykaa shares jump 6% after strong Q1 show; net profits grow 152% YoY")
Ola Electric's impressive stock market debut putting Modinomics to test
The Bengaluru-based startup is being closely watched as a proxy for the country's factory ambitions
 "Ola Electric's impressive stock market debut putting Modinomics to test")
Silver prices remain vulnerable amidst weakness in industrial commodities
Silver price outlook by Sharekhan: Silver continues to lag gold as investors are concerned about the global economy, especially the Chinese and the US economies
 "Silver prices remain vulnerable amidst weakness in industrial commodities")
Gold strategy: Yellow metal mildly lower; analysts advise buying the dips
Spot gold was trading with a slight loss of 0.19 per cent at $2,468 at the time of the MCX Closing
 "Gold strategy: Yellow metal mildly lower; analysts advise buying the dips")
Stocks to Watch Today, August 14: Vedanta, Ola Electric, Nykaa, NBCC, SJVN
Stocks to watch today, August 14, 2024: GIFT Nifty indicates a positive start for the benchmark equity indices on Wednesday. Here is the list of buzzing stocks to watch during today's trading session
 "Stocks to Watch Today, August 14: Vedanta, Ola Electric, Nykaa, NBCC, SJVN")
GIFT Nifty gains 100 pts; trading holiday, weekly F&O expiry in focus today
All you need to know before the market opens on Wednesday: The US market rose as cooler inflation raised September rate cut bets. FIIs long-short ratio in index futures dipped below 1 after two months
 "GIFT Nifty gains 100 pts; trading holiday, weekly F&O expiry in focus today")
Nifty PSU Bank, Private Bank bearish; time to accumulate? Analyst weighs
The Nifty PSU Banks Index is currently experiencing a downward trend in the near term. However, the index has recently undergone a sharp correction, bringing it very close to critical support levels a
 "Nifty PSU Bank, Private Bank bearish; time to accumulate? Analyst weighs")
Vinay Rajani of HDFC Securities recommends buying these two stocks today
Stock price of Torrent Power is on the verge of breaking out from falling wedge pattern on daily chart. On 31 st July 2024, Stock Price broke out with jump in volumes
 "Vinay Rajani of HDFC Securities recommends buying these two stocks today")
TVS Motor, Aurobindo Pharma: Top picks by Chandan Taparia of Motilal Oswal
On the daily chart TVS Motor's price has broken out on the upside from an ascending triangle with higher-than-average buying volumes
 "TVS Motor, Aurobindo Pharma: Top picks by Chandan Taparia of Motilal Oswal")
India just shy of top-weight China in the MSCI EM index after rejig
$3 bn inflows expected with weighting in excess of 20%
 "India just shy of top-weight China in the MSCI EM index after rejig")