Page 999 - Markets News
RIL, Blue Dart, India Oil, Vi among six stocks to track on June 20
At 6:35 AM, GIFT Nifty futures indicated a slight uptick, trading 21 points higher at 23,525 compared to their previous close
 "RIL, Blue Dart, India Oil, Vi among six stocks to track on June 20")
Stocks to buy on June 20: IDFC Bank, RBL, IGL; check target prices
Banking stocks are witnessing decent traction and IDFC First Bank has witnessed a fresh breakout. It had been trading in a corrective phase for over 8 months
 "Stocks to buy on June 20: IDFC Bank, RBL, IGL; check target prices")
Buy & Sell: Top three picks by Anand Rathi for June 20; check levels here
After a period of consolidation within the approximate range of Rs 1,740-1680, Radico Khaitanhas successfully broken out and is sustaining above this range, indicating a strong upward movement
 "Buy & Sell: Top three picks by Anand Rathi for June 20; check levels here")
Regulatory concerns key hurdle as pvt general insurance players gain share
The implementation of Ind-AS 117 and its assumptions on liability and other insurance-related changes in regulations could be a future cause of concern
 "Regulatory concerns key hurdle as pvt general insurance players gain share")
Retail investors share in equity AUM pie shrinks for third straight year
Equity MF schemes have seen a surge in investors' interest in recent years amid a bull run in the equity market
 "Retail investors share in equity AUM pie shrinks for third straight year")
India set for $2 bn bond inflows around JP Morgan index inclusion day
The $2 billion, single-day inflow estimate by four bankers trails only the record-high $2.7 billion poured into Indian bonds on Aug. 20, 2014
 "India set for $2 bn bond inflows around JP Morgan index inclusion day")
AIF investments top Rs 4 trillion, commitments cross Rs 11 trillion
Biggest deployment made in real estate sector followed by IT and financials
 "AIF investments top Rs 4 trillion, commitments cross Rs 11 trillion")
Three smallcap funds corner bulk of category inflows: Elara Capital report
One scheme has raked in over half of the inflows in this year so far, says a report by Elara Capital
 "Three smallcap funds corner bulk of category inflows: Elara Capital report")
Smooth ride for tyre exporter Balkrishna Industries as peers struggle
Exports and market share gains have helped the company to pull ahead
 "Smooth ride for tyre exporter Balkrishna Industries as peers struggle")
Stock Market Highlights, June 19: Sensex, Nifty end flat; Nifty Bank rises 2%, Axis, HDFC Bank up 3%
Stock market Highlights today, June 19, 2024: The BSE Sensex hit an all-time high of 77,852 in the intraday trade, while the Nifty50 touched 23,664
 "Stock Market Highlights, June 19: Sensex, Nifty end flat; Nifty Bank rises 2%, Axis, HDFC Bank up 3%")
Vodafone Idea surges 6% from day's low; stock nears 52-week high
Vodafone Idea is all set to participate in the industry growth with right investments to expand its 4G coverage and offer 5G experience to its customers
 "Vodafone Idea surges 6% from day's low; stock nears 52-week high")
Exicom Tele Systems zooms 10% on pact with German EV charging firm
Shares of Exicom Tele Systems soared 9.7 per cent, hitting its 52-week high at Rs 361.70 per share on the NSE in Wednesday's intraday trade
 "Exicom Tele Systems zooms 10% on pact with German EV charging firm")
CDSL, KPIL, Brigade: 4 midcap stocks that can fall over 14% from here
The key momentum oscillators of these four NSE smallcap stocks are showing a negative divergence; hence these stocks are likely to trade with a downward bias in the near term.
 "CDSL, KPIL, Brigade: 4 midcap stocks that can fall over 14% from here")
Fertiliser shares rally up to 12%; RCF, Chambal, Coromandel hit 52-wk highs
Ind-Ra opines the credit profile of fertiliser players will remain comfortable in FY25, driven by the GoI's continued policy-level support to the industry by way of the healthy subsidy budget.
 "Fertiliser shares rally up to 12%; RCF, Chambal, Coromandel hit 52-wk highs")
Hyundai IPO: How does HMIL compare with Tata Motors, Maruti Suzuki, M&M?
Hyundai Motor India IPO: How does Hyundai compare with Indian listed peers? Check key metrics here
 "Hyundai IPO: How does HMIL compare with Tata Motors, Maruti Suzuki, M&M?")
ixigo-parent Le Travenues Technology lists at 78% premium over issue price
The stellar debut follows nearly 100x demand for shares of Ixigo during its Rs 740-crore initial public offering (IPO) that concluded last week
 "ixigo-parent Le Travenues Technology lists at 78% premium over issue price")
Divine Power Energy's Rs 23-crore IPO to open on June 25; details here
Divine Power Energy IPO: The manufacturer of insulated wires and strips aims to raise Rs 22.76 crore via the public offering of its shares in a price band of Rs 36-40 per share
 "Divine Power Energy's Rs 23-crore IPO to open on June 25; details here")
Motilal Oswal initiates coverage on Kalyan Jewellers, Senco; details here
Overall, the jewelley sector has seen an approximately 8 per cent revenue CAGR during FY19-24, reaching Rs 6,40,000 crore in market value, with the organised segment growing at 18-19 per cent
 "Motilal Oswal initiates coverage on Kalyan Jewellers, Senco; details here")
Datamatics share price surges 9% on patent win for developing new software
Shares of Datamatics soared 8.6 per cent at Rs 626 per share on the NSE in Wednesday's intraday trade
 "Datamatics share price surges 9% on patent win for developing new software")
ixigo shares extend rally, zoom 112% against issue price on FII buying
Nomura Funds Ireland Public Limited Company purchased 4.55 million shares, while The Nomura Trust And Banking Co. Ltd as the Trustee Of Nomura Indian Stock Mother Fund bought 2.15 million shares
 "ixigo shares extend rally, zoom 112% against issue price on FII buying")