Page 33 - Indian Markets

Nifty Midcap 100 index hits record high, crosses the 40,000-mark

Latest 5,000-points, or 15%, up move took less than three months

Ratnaveer Precision IPO subscribed 18x; Samhi Hotels gets Sebi nod for IPO

Gurugram-based Samhi Hotels and Jaipur-based Motisons Jewellers have received final observation from Sebi

Street Signs: T+3 for IPOs is optional, grey market premium at 25% & more

Hotel stocks are expected to rise due to a robust demand outlook, thanks to significant events happening in the country

Market regulator Sebi bats for new body to vet performance claims

Move to put a stop to potentially misleading info spread by individuals and entities

Strong demand at govt bond auction fails to lift secondary market

The Reserve Bank of India set the cut-off yield on the 3-year, 7-year, 14-year, and 30-year bond at 7.16 per cent, 7.17 per cent, 7.23 per cent, and 7.33 per cent, respectively

Jupiter Life Line Hospital announces IPO, plans to mop up Rs 869 crore

The company has disclosed that approximately Rs 500 crore from the public offering will be allocated towards debt repayment

Sensex soars 556 pts, Nifty tops 19,400; Metal index rallies 3%, Auto 2%

Closing Bell on September 1, 2023: In the broader markets, the BSE MidCap and SmallCap indices added 0.75 per cent each

ITD Cementation hits record high on bagging Rs 3,290 crore marine contract

So far in the financial year 2023-24, the stock price of the company has more-than-doubled or zoomed 136 per cent

Genus Power freezes 5% upper circuit on order wins worth Rs 2,247 crore

The company has received a letter of award (LOA) of Rs 2,247.4 crore for appointment of Advanced Metering Infrastructure Service Providers (AMISPs)

F&O Strategy: Bear spread on Bank Nifty, suggests HDFC Securities

Momentum Oscillators- RSI (11) has fallen below benchmark level of 50, which indicates bearish trend

Maurti Suzuki gains 3% to hit fresh lifetime high in a weak market

The stock of automobile major quoted higher for the fourth straight day, surging 6 per cent during the period

Sensex sinks 256 pts, Nifty ends below 19,300; SmallCap index holds fort

Closing Bell on August 31, 2023: Bajaj Finance, IndusInd Bank, Axis Bank, HUL, SBI, Power Grid, Nestle India, TCS, Tata Motors, JSW Steel, Bajaj Finance, ITC, and RIL slipped up to 1.2 per cent

Westlife Foodworld hits new high; stock up 10% in 2 days on healthy outlook

According to analysts, Westlife will continue outperforming peers, with strengthening of the meal platform, snacking leadership and improved touch-points via omni-channel investments

Aeroflex makes stellar debut, lists at 83% premium over its issue price

Backed by famous investor Ashish Kacholia, Aeroflex made a strong debut on exchanges as shares listed at 83% premium of Rs 197.4 over its issue price of Rs 108 per share on the BSE

Market holds breadth strongly even as benchmark indices see a pullback

Gaining stocks outnumber those declining in August

Analysts put PVR-Inox on a pedestal amid bumper releases, merger synergies

At the bourses, shares of this multiplex operator have soared 14 per cent in a month, as against a 1.6 per cent fall in the S&P BSE Sensex

Sensex, Nifty end in the green for 3rd day; all but banking stocks rally

Closing Bell on August 30, 2023: SBI, ICICI Bank, HDFC Bank, Bajaj Finance, IndusInd Bank, NTPC, Kotak Bank, and Bajaj Finserv fell up to 1.4 per cent

M&M gains 5% in 3 days, nears record high on margin improvement hopes

Analysts believe the auto segment is expected to drive its operating performance in the coming years due to increasing volumes going ahead

Intermediaries pause finfluencers' dealings as Sebi mulls new norms

The regulator has also considered a new payment system to clip the wings of those spreading misinformation

Sensex, Nifty eke out tepid gains; Jio Financial surges 5%, Adani Ports 2%

Closing Bell on August 29, 2023: The broader markets, however, held firm gains with the BSE MidCap and SmallCap indices settling 0.45 per cent and 0.69 per cent higher, respectively