Page 997 - Markets News
Govt bond yields flat as traders monitor debt sale, RBI policy minutes
Reserve Bank of India (RBI) will release the minutes of its June policy meeting after market hours on Friday
 "Govt bond yields flat as traders monitor debt sale, RBI policy minutes")
RailTel shares zoom 9% on bagging new order from South Central Railway
Shares of RailTel Corporation of India soared 9.2 per cent at Rs 474 per share on the BSE in Friday's early morning deals
 "RailTel shares zoom 9% on bagging new order from South Central Railway")
This smallcap stock has zoomed 43% in 2 days; Quant MF buys 0.52% stake
On Thursday, June 20, Quant MF acquired 120,000 shares, representing 0.52 per cent stake in HCIL, for Rs 5.44 crore
 "This smallcap stock has zoomed 43% in 2 days; Quant MF buys 0.52% stake")
Will the Indian stock market tank post the Hyundai IPO? What history suggests
Back home, out of the last seven big IPOs to hit the Dalal Street (D-Street) since 2007, the Sensex has lost ground five times post the stocks of these companies debuted at the exchanges
 "Will the Indian stock market tank post the Hyundai IPO? What history suggests")
Stanley Lifestyles IPO opens for bidding today; should you invest or not?
Stanley Lifestyles raised Rs 161.11 crore from anchor investors on June 20
 "Stanley Lifestyles IPO opens for bidding today; should you invest or not?")
Silver strategy: White metal may rise to Rs 93,400; Support at Rs 90,300
Weaker-than-expected US data also boosted silver prices as rate cut probability rose
 "Silver strategy: White metal may rise to Rs 93,400; Support at Rs 90,300")
Gold zooms to two-week high on rate cut speculation; trading strategy here
Spot gold surged on Thursday to two week-high level of $2,366 on the Fed rate cut bets. The rate cut speculation gained currency as the Swiss National Bank cut interest rates for the second time
 "Gold zooms to two-week high on rate cut speculation; trading strategy here")
Stocks to Watch, June 21: Nestle India, Medplus, Bajaj Consumer Care
In Europe, markets closed higher in the previous session after the Bank of England maintained its interest rates at a 16-year high of 5.25 per cent, as widely anticipated
 "Stocks to Watch, June 21: Nestle India, Medplus, Bajaj Consumer Care")
Nifty Auto bearish in near-term, Energy rangebound; check trading strategy
The Nifty Auto Index is currently trading at 25,267.85. The near-term trend for this index appears to be downward on the charts, with strong support expected around the 24,500 level
 "Nifty Auto bearish in near-term, Energy rangebound; check trading strategy")
Bank of Baroda, Yes Bank, GE Power among top stocks to track on June 21
As of 6:39 AM, GIFT Nifty futures showed a slight increase, trading 7 points higher at 23,589.5 from their previous close
 "Bank of Baroda, Yes Bank, GE Power among top stocks to track on June 21")
Sensex, Nifty: All you need to know before market opens for trade on Jun 21
Trade set-up for Friday, June 21: The Sensex and Nifty may seek to extend the winning run to third straight week amid mixed global cues, and renewed buying by FIIs.
 "Sensex, Nifty: All you need to know before market opens for trade on Jun 21")
Nandish Shah of HDFC Securities recommends Bull Spread on Bank Nifty
Long build up is seen in the Bank Nifty Futures, where Open Interest rose by 7 per cent(Prov) with Nifty rising by 0.75 per cent
 "Nandish Shah of HDFC Securities recommends Bull Spread on Bank Nifty")
General Atlantic, Asia Opportunities sell 4.9% stake in PNB Housing Fin
More than 1.27 crore shares or a 4.9 per cent stake in PNB Housing Fin were disposed of by both entities
 "General Atlantic, Asia Opportunities sell 4.9% stake in PNB Housing Fin")
Allied Blenders IPO to open June 25; Sensex, FTSE rejig on Friday
NSE Indices has launched the thematic index Nifty India Tourism Index
 "Allied Blenders IPO to open June 25; Sensex, FTSE rejig on Friday")
Valuation of Coromandel International stock captures positive outlook
The overall revenue for March quarter came in at Rs 3,910 crore and was down 29 per cent Y-o-Y, due to lower subsidy and reduced volumes in the fertilizer segment
 "Valuation of Coromandel International stock captures positive outlook")
Going downhill: Rupee hits new low on importer demand, corporate outflows
Some market participants said that the RBI intervened in the foreign exchange market by dollar sales during the last hour of trade, which reversed some losses
 "Going downhill: Rupee hits new low on importer demand, corporate outflows")
ixigo IPO to put spotlight on Easy Trip, Yatra; Are they worth your money?
ixigo share price: Analysts caution against chasing the momentum in the online travel agencies, given the cyclical nature of the travel industry
 "ixigo IPO to put spotlight on Easy Trip, Yatra; Are they worth your money?")
Market regulator Sebi introduces framework for holdco price discovery
First special call auction to be conducted in October
 "Market regulator Sebi introduces framework for holdco price discovery")
Stock Market Highlights, June 20: Mid, SmallCap indices outshine benchmarks; metal, pvt banks gain
Stock market Highlights on Thursday, June 20, 2024: Among sectors, the Nifty Metal index edged 1,8 per cent higher, the Nifty Realty 2 per cent, and the Nifty Private Bank 1.16 per cent
 "Stock Market Highlights, June 20: Mid, SmallCap indices outshine benchmarks; metal, pvt banks gain")
Jupiter Wagons 6% off lows on Lithium-Ion Phosphate battery breakthrough
The rise came after Jupiter Electric Mobility in pact with Log9 Materials, announced that it has achieved a major milestone in development & certification of their LFP battery technology
 "Jupiter Wagons 6% off lows on Lithium-Ion Phosphate battery breakthrough")