Page 989 - Markets News
Ramky Infrastructure up 7% on securing orders of Rs 131 cr from Power Grid
The surge in stock price came after the company announced that it has secured contracts worth Rs 131.19 crore from Power Grid
 "Ramky Infrastructure up 7% on securing orders of Rs 131 cr from Power Grid")
KEC International stock price rallies 9% on Rs 1,025 crore-order win
The uptick in share price came after KEC International announced that it has secured new orders worth Rs 1,025 crore for its T&D and cables business
 "KEC International stock price rallies 9% on Rs 1,025 crore-order win")
Oil outlook, June 27: Oil a 'buy on dips' bet; MCX Crude support at Rs 6700
WTI/MCX crude oil outlook today: The overall weekly inventory report is disappointing as it is indicating slowdown in the US consumer/industrial demand
 "Oil outlook, June 27: Oil a 'buy on dips' bet; MCX Crude support at Rs 6700")
M&M may surpass Tata Motors, Maruti Suzuki in PV segment in June: Nuvama
Raghunandhan NL, director at Nuvama, predicts a 13 per cent overall volume growth for M&M's automotive sector (including PVs, commercial vehicles, and three-wheelers), reaching 70,500 units
 "M&M may surpass Tata Motors, Maruti Suzuki in PV segment in June: Nuvama")
Funds eyeing India's sovereign debt mkt risk being tripped up by red tape
Foreigners are eagerly buying bonds before they're added to JPMorgan Chase & Co.'s main emerging market debt index from Friday
 "Funds eyeing India's sovereign debt mkt risk being tripped up by red tape")
Profit-taking ahead? GIFT Nifty, Asian markets hint at negative open
All you need to know before the market opens on Thursday, June 27: The Nifty is likely to swing to F&O expiry cues. FIIs net index long-short ratio crosses 2-mark; retail investors up short positions.
 "Profit-taking ahead? GIFT Nifty, Asian markets hint at negative open")
LTIM, KEC Int'l, RVNL, Ramky Infra among eight stocks to watch on June 27
Stocks to watch on June 27: KEC International has secured new orders worth Rs 1,025 crore in its transmission and distribution (T&D) and cables businesses
 "LTIM, KEC Int'l, RVNL, Ramky Infra among eight stocks to watch on June 27")
Stocks to watch on June 27: DRL, SBI, IIFL, Telecom stocks, CSB Bank
Stocks to watch on June 27: SEBI has initiated an investigation into Sanjiv Bhasin, associated with IIFL Securities. Officials have reportedly seized Bhasin's digital devices
 "Stocks to watch on June 27: DRL, SBI, IIFL, Telecom stocks, CSB Bank")
VBL, SBI Card, Aether: Here's why Anand Rathi advises buying these stocks
Following a peak near the 933 level, the SBICARD underwent a significant downturn, experiencing a sharp decline of nearly 280 points, which translated to a substantial decrease
 "VBL, SBI Card, Aether: Here's why Anand Rathi advises buying these stocks")
Ajit Mishra from Religare Broking suggests buying these three stocks today
Markets edged higher as expected, gaining over half a percent. After a flat start, the Nifty gradually climbed throughout the session and closed near the day's high at 23,868.80
 "Ajit Mishra from Religare Broking suggests buying these three stocks today")
Nifty IT looking for breakout, Auto to underperform; trading strategy here
The NIFTY IT Index is currently trading at 35,406.55. In the near term, the index is range-bound on the charts, with a defined trading range between 35,190 and 35,600
 "Nifty IT looking for breakout, Auto to underperform; trading strategy here")
Mazagon Dock Shipbuilders hits 52-week high on bagging 'Navratna' status
The stock price came after the company bagged "Navratna" status from the Department of Public Enterprises, becoming India's 18th public sector undertaking (PSU) to receive this recognition
 "Mazagon Dock Shipbuilders hits 52-week high on bagging 'Navratna' status")
Sebi probing market expert Sanjiv Bhasin for alleged manipulation
The investigation of Bhasin follows Sebi's earlier orders on several market experts who gave stock recommendations on television
 "Sebi probing market expert Sanjiv Bhasin for alleged manipulation")
Sebi offers flexibility, relaxes 'trading plan' norms for insiders
These insiders have to give a 'trading plan' specifying the share price, amount, and transaction date in advance
 "Sebi offers flexibility, relaxes 'trading plan' norms for insiders")
Don't fall prey to narratives: Quant MF CEO Tandon tells investors
Says they have withdrawn a net Rs 1,398 crore in last few days
 "Don't fall prey to narratives: Quant MF CEO Tandon tells investors")
Heavyweights do heavy lifting: RIL, ICICI Bank spur indices to new highs
The Sensex ended the session at 78,674, gaining 621 points or 0.8 per cent, while the Nifty 50 index ended at 23,869, up 147 points or 0.6 per cent
 "Heavyweights do heavy lifting: RIL, ICICI Bank spur indices to new highs")
Nifty's 22 components record new highs in June; Five on Wednesday
Given the market buoyancy a total of 34 out of the 50 Nifty components have clocked fresh highs in 2024
 "Nifty's 22 components record new highs in June; Five on Wednesday")
Zee Media rallies over 8% after board approves fundraise of up to Rs 200 cr
The uptick in share price came after the board of directors of the company approved a fund raise of up to Rs 200 crore via all permitted instruments
 "Zee Media rallies over 8% after board approves fundraise of up to Rs 200 cr")
Sebi eases 'trading plans' framework for cos' key managerial personnel
Sebi said that a minimum cool-off period between disclosure and implementation of trading plan has been reduced to four months from six months earlier
ICICI Bank stock at record high; m-cap hits $100bn. What's behind the rise?
ICICI Bank share price news: On Wednesday, June 26, ICICI Bank shares hit a fresh record high for the third consecutive day, rising 2 per cent on the BSE in the intraday trade
 "ICICI Bank stock at record high; m-cap hits $100bn. What's behind the rise?")