Page 990 - Markets News

Mutual funds industry seeks greater leeway for the new asset class

'Easier concentration norms, higher leverage, and approval for securities currently outside MF scope'

Market regulator Sebi proposals seen boosting ultra low advisor count

Less than 900 advisors for 100 mn investors

Bond market participants see OMO sales as liquidity surplus surges

The liquidity in the banking system has improved significantly on the back of government spending

NSE Q1 results: Net profit jumps 39% to Rs 2,567 cr, revenue at Rs 4,510 cr

The exchange posted a 51 per cent year-on-year jump in consolidated revenue from operations to Rs 4,510 crore in the April-June quarter of the current fiscal year FY25

6 reasons why Sensex rose over 1000 pts intraday today, Nifty topped 24,300

Why are Sensex, Nifty up today: Shinichi Uchida, the deputy governor of Bank of Japan said on Wednesday that the central bank would not hike interest rates when markets are unstable

Stock Market Highlights, Aug 7: Sensex climbs 875 pts; Nifty ends at 24,297; Mid, smallcaps outrun

Stock Market Highlights on August 7: As many as 44 out of 50 constituent stocks of the Nifty50 ended higher, with ONGC, Coal India, Adani Enterprises, and Adani Ports gaining up to 7.45 per cent

3 stocks freeze in 20% upper circuit on strong June quarter results

Shares of Vadilal Enterprises (Rs 4,795.70), BASF India (Rs 6,925.70) and Venky's India (Rs 2,191.40) were locked in the upper circuit of 20 per cent on the BSE

Jindal Saw to consider stock split on Aug 14; share price jumps over 8%

At around 02:40 PM, the company's shares were trading at Rs 636.65, up nearly 6 per cent from the previous close of Rs 601.05 on the BSE

Caplin Point stock zooms over 5% on robust Q1 results; bottomline grows 20%

The surge in the stock price came after the company announced its June quarter of financial year 2025 (Q1FY25) results.

Shilpa Medicare's stock rallies 8% on successful phase-1 trials of rHA

Shares of Shilpa Medicare soared up to 7.96 per cent at Rs 718.90 per share on the BSE in Wednesday's intraday deals

Ceigall India listing price prediction: GMP signals muted gains; Details

Ceigall India IPO received a decent response from investors, getting subscribed 14.01 times on the final day of subscription

Fusion Finance stock tanks 20%, hits 52-week low on weak Q1 results

The company reported a net loss of Rs 35.62 crore in June 2024 quarter due to higher than usual provisioning.

FPI buying in Indian IT rises to highest since 2022 in July, shows data

Prior to this, the IT sector was divided into software, services and hardware technology

LIC Housing, Marico among 4 stocks with short buildup; key levels to track

LIC Housing, Marico, JK Cement and Motherso Sumi have shed up to 15% in the last four days alongside up to 15% increase in open interest, thus suggesting short buildup at these counters.

Suzlon Energy locked in 5% upper circuit after acquisition worth Rs 620 cr

The company has signed definitive agreements to acquire a 76 per cent stake in Renom Energy Services Private Limited from the Sanjay Ghodawat Group (SGG). The acquisition will occur in two stages

Ola Electric IPO allotment today: GMP tumbles; Check expected listing price

The shares of Ola Electric are scheduled to be allotted today. Once the allotment is finalised, investors can check the allotment status by visiting the official website of BSE or Link Intime India

Cummins India shares soar 7% post robust Q1FY25 net profit growth

On Tuesday, Cummins India reported a 33 per cent year-on-year (YoY) increase in its standalone net profit for the first quarter of FY25, reaching Rs 419.8 crore

IndusInd Bank down 2%, hits 52-week low; trades lower for 6th straight day

The stock of private sector bank is quoting lower for the sixth straight trading days, falling 6% during the period and 20% from its 52-week high of Rs 1,694.35 hit on January 15, 2024.

ONGC rallies 8% on upbeat volume guidance; Oil India surges 9%

ONGC management expects total crude oil/gas production volume (incl. JV) to rise by 12 per cent/27 per cent to 23.1mmt/25.9mmt by FY27, mainly driven by KG-98/2 and Daman upside development.

Nuvama says 'Buy' JTL Industries for 53% upside; initiates coverage

JTL has achieved an impressive 50 per cent PAT CAGR over FY19-24, and Nuvama estimates it will clock a 38 per cent CAGR over FY24-27E on the back of capacity expansion and an improved product mix