Page 35 - Stock Market Today

Despite volatility, 2/3 of small-caps still multi-baggers from pandemic low

The Securities and Exchange Board of India defines a large-cap company as one which is among the top 100 stocks in terms of market value

Exicom shares make mega market debut; Platinum Industries gains 30%

Among sectoral indices, IT fell by 1.61 per cent, FMCG dipped 1.02 per cent, technology by 0.89 per cent, capital goods by 0.37 per cent and consumer durables by 0.36 per cent

Tata Motors demerger a positive move, but no immediate gains seen

The company will be transformed into two listed firms with the commercial vehicles (CVs) business in one and passenger vehicles (PVs), including Jaguar Land Rover (JLR), in the other

Global algo traders gearing up to swarm India stock futures, Says SGX

The trading of the derivative contracts moved to GIFT City from Singapore last July after a dispute between SGX and National Stock Exchange of India Ltd

Near-term upsides priced into stocks of oil marketing companies

Overall, IOCL and BPCL reported a net profit of Rs 8,063 crore and Rs 3,397 crore respectively, well ahead of Q3FY23 PAT of Rs 448 crore and Rs 1,960 crore

Markets hit fresh highs as bulls rejoice GDP boost; Sensex up 1.7%

Nifty sees 6th new high in 2 months

NSE crosses 9 cr unique investors mark; adds last 1 cr in 5 months

The investor base has seen more than three-fold jump in the last five years, facilitated by rapid growth in digitisation, rising investor awareness, financial inclusion, and strong market performance

Sebi slaps Rs 4.8 mn fine on 8 entities for flouting regulatory norms

Based on the findings of the probe in the matter of trading by certain entities in the scrip of UPGL, the regulator initiated adjudication proceedings against these entities

Mirae Asset Mutual Fund seeks Sebi's approval for mid, smallcap funds

While the industry has always had large and midcap funds, there is no scheme that offers exposure only to mid- and smallcap stocks

Brokerages bullish on Vedanta's prospects amid concerns over group's debt

Capex in aluminium and zinc should result in incremental cash flow of $1 billion-plus per annum once the plants ramp up fully, which could be in H2FY26

Markets log biggest decline in a month; Small, midcaps crash nearly 2%

Nervousness ahead of key data release

NBFC major Shriram Finance to replace agro chemicals firm UPL in Nifty50

Meanwhile, Adani Power, IRFC, Jio Financial Services, PFC and REC have got included in the Nifty Next 50 index

Commissioning of new capacities can fire up Oil India stock even more

The PSU has delivered steady results in the October- December quarter (Q3) of FY24 and it is looking at ramping up production in both oil and gas

Foreign portfolio investors infuse Rs 18,500 cr in debt market in Feb

This came following a net investment of over Rs 19,836 crore in January, making it the highest monthly inflow in more than six years

Analysts positive on Grasim's prospects due to launch of paints division

Management guidance was that the VSF margin is stable. Even though caustic soda price is down, global prices are likely to bottom soon

Domestic business, US launches to drive gains for Zydus Lifesciences

Q3 results better than estimates on the back of higher gross margins

Bajaj Finance stock: Seizing opportunity amid market correction

Their average one-year target price is Rs 8,762.3, indicating a potential upside of over 30 per cent from Thursday's closing of Rs 6,673.95

Novelis IPO in US SEC: A potential booster for base metals major Hindalco

The monetisation proceeds could be used to fund ongoing capex for Novelis' Bay Minette facility

NMDC poised for gains from demand triggers and capacity expansion

The reported net profit was Rs 1,490 crore and adjusted for extraordinary items of Rs 252 crore, it was Rs 1,740 crore, higher by 96 per cent y-o-y and 69.8 per cent sequentially

Sona BLW shifts gear with order boost from electric vehicle space

Firm's efforts to broaden portfolio, scale-up, and diversify customer base will lead to strong earnings growth: Analysts