Page 995 - Markets News
United Cotfab makes flat stock market debut; lists at 7% premium
Post listing, the stock surged 12.5 per cent to hit an intraday peak of Rs 78.75 per share
 "United Cotfab makes flat stock market debut; lists at 7% premium")
GP Eco Solutions: This SME IPO has zoomed over 300% on debut on the NSE
GP Eco Solutions made a stellar stock market debut, with its shares got listed at Rs 375, a whopping 299% against its issue price of Rs 94 per share on the NSE.
 "GP Eco Solutions: This SME IPO has zoomed over 300% on debut on the NSE")
Govt bond yields fall ahead of expected inflows post index inclusion
Foreign banks also stepped up purchases of bonds last week ahead of the inclusion, and is expected to continue this week as well
 "Govt bond yields fall ahead of expected inflows post index inclusion")
Bond investors positioned for India's index inclusion: Morgan Stanley
India's index-eligible bonds have attracted $10 billion since the inclusion was announced in September
 "Bond investors positioned for India's index inclusion: Morgan Stanley")
Who is Sandeep Tandon, what is front running? All about Quant Mutual Fund
Sebi is reportedly investigating charges of front running at Sandeep Tandon-owned Quant Mutual Fund.
 "Who is Sandeep Tandon, what is front running? All about Quant Mutual Fund")
Newgen Software shares price rises over 2% on inking $1.48 million pact
The uptick in share price came after Newgen Software announced that its US-based subsidiary has secured an order worth $1.48 million from a client
 "Newgen Software shares price rises over 2% on inking $1.48 million pact")
Titagarh Rail, RK Forgings surge up to 8%, hit new highs on strong outlook
Ramkrishna Forgings surged 8% to Rs 968.95 and TRSL soared 7% to Rs 1,689.95 in the intraday trade today
 "Titagarh Rail, RK Forgings surge up to 8%, hit new highs on strong outlook")
Semiconductor firm MosChip stock up 150% in June; will the rally continue?
MosChip hit a new all-time high at Rs 320.80 on Friday June 21. The stock may witness some consolidation in the near-term, post which a rally to Rs 395 levels seems possible, chart shows.
RVNL stock hits fresh 52-week high on securing order worth of Rs 192 cr
The uptick in share price came after the RVNL announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 192 crore from South Eastern Railway
 "RVNL stock hits fresh 52-week high on securing order worth of Rs 192 cr")
SoftBank signs indemnity clause over Unicommerce 'promoter' tag
Founders Kunal Bahl, Rohit Bansal enter into agreement to limit liabilities of Softbank
 "SoftBank signs indemnity clause over Unicommerce 'promoter' tag")
Sensex may hit the 81,000 mark by 2024-end: Ravi Singh of Religare
Markets are showing strong momentum, with Nifty firmly holding above the 23,300 mark, indicating that bulls are in strong control
 "Sensex may hit the 81,000 mark by 2024-end: Ravi Singh of Religare")
TVS Motors, IREDA, Religare Ent among six stocks to track on June 24
Stocks to watch June 24: TVS Motors has partnered with CSC Grameen e-Stores to expand its three-wheeler commercial vehicle range through village-level entrepreneurs
 "TVS Motors, IREDA, Religare Ent among six stocks to track on June 24")
Pre-market cues: Gift Nifty hints gap-down; Quant MF, GPEco listing, 6 IPOs
All you need to know before the market opens on Monday, June 24, 2024: Gift Nifty quotes around 23,430 levels; Kospi, Taiwan deep in red in Asian trades; GP Eco Solutions to debut today.
 "Pre-market cues: Gift Nifty hints gap-down; Quant MF, GPEco listing, 6 IPOs")
Stocks to watch on June 24: Sun Pharma, Cipla, Lupin, Vedanta, Tata Steel
Stocks to watch on June 24: USFDA has issued six observations for Cipla's Goa facility following an inspection from June 10 to June 21, 2024
 "Stocks to watch on June 24: Sun Pharma, Cipla, Lupin, Vedanta, Tata Steel")
Switch to India's longer-dated bonds extends as index inclusion date nears
While news of Modi's poor electoral showing triggered a bond selloff, the market later recovered after cabinet appointments including FM Sitharaman were seen to indicate no change
 "Switch to India's longer-dated bonds extends as index inclusion date nears")
Stock market outlook Jun 24: Nifty rally under threat? Key levels to track
Sensex, Nifty trade set-up for Monday, June 24: Daily chart suggests that the rally on the Nifty is showing signs of tiredness; near support seen at 23,400, here's what experts recommend.
 "Stock market outlook Jun 24: Nifty rally under threat? Key levels to track")
Nifty lacks conviction at record highs; undertone remains bullish
The Indian equity market demonstrated robust performance throughout the week, with broad market participation creating a strong and positive trading environment
 "Nifty lacks conviction at record highs; undertone remains bullish")
PI Industries, PVR Inox: Top trading picks by Angel One for June 24
PVR Inox has seen a volume-backed resurgence after the substantial consolidation seen in the last couple of trading weeks near its key support short-term EMAs
 "PI Industries, PVR Inox: Top trading picks by Angel One for June 24")
Time to book profits in Nifty50, Midcap Select index? What charts reveal
The Nifty 50 Index is currently trading at 23,501.10. In the near term, the index is trading within a range of 23,700 to 23,300. A close above or below this range would trigger a directional move
 "Time to book profits in Nifty50, Midcap Select index? What charts reveal")
Buy & Sell: Top three picks by Anand Rathi for June 24; key levels here
PVR Inox has recently exhibited two significant technical analysis signals that indicate a potential bullish shift. Firstly, there is a bullish divergence on the weekly RSI near 30 level
 "Buy & Sell: Top three picks by Anand Rathi for June 24; key levels here")