Page 34 - Indian Markets

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

Sensex, Nifty end flat; RIL, Jio Fin drop 1% as 46th AGM lacks fireworks

CLOSING BELL ON AUG 28, 2023: Shares of Reliance Industries (down 1.4 per cent) and Jio Financial Services (down 0.97 per cent) ended as the top large-cap laggards amid profit booking

This specialty chemicals stock zoomed 48% in a month; here's why

Analysts at ICRA said that a significant improvement in HSCL's operating profit in FY23 compared to FY22 and FY21, driven by higher Ebitda/MT will likely sustain going forward

Markets to focus on macro data, foreign investors activity: Analysts

Macroeconomic data announcements, global trends and trading activity of foreign investors would dictate the equity markets this week, analysts said. Marketmen will also focus on the Annual General Meeting of Reliance Industries Ltd which will be held on Monday. "This week's focal point is the eagerly awaited Reliance Annual General Meeting (AGM) on Monday, August 28. This event is poised to have some impact on the market's trajectory. Shifting to the macroeconomic landscape, India is set to reveal its Q2 GDP figures on Thursday, shedding light on the nation's economic performance. "Manufacturing Purchasing Managers' Index (PMI) data will be disclosed on Friday," said Santosh Meena, Head of Research, Swastika Investmart Ltd. He further added that Friday will feature the disclosure of the US unemployment rate and nonfarm payroll statistics. Cues from China, foreign investor activities, and fluctuations in the dollar index and US bond yields will play a pivotal role in shaping market

Market regulator Sebi mulls steps to limit finfluencers' influence

New payment mechanism; brand promotion restrictions on intermediaries

An investment with infinite returns

The answer to the question of whether we should spend on a space programme is yes, and we should consider spending even more

Elevated inflation trends may dig a deeper hole for FMCG stocks: Analysts

Investors have shunned consumer stocks with shares of HUL, ITC, Britannia, Godrej Consumer, Tata Consumer, and Nestle India dropping in the range of 1-11 per cent in a month

Market regulator Sebi mulls new fee collection system for advisors

Under this proposed mechanism, all fees paid by clients will be processed on a designated platform and directed to a Sebi-recognised supervisory body

Sensex slides 366 pts, extends losing run to 5-weeks; Nifty tests 19,250

CLOSING BELL ON AUGUST 25, 2023: The BSE benchmark has shed 2.7 per cent or 1,797 points in the last five straight weeks. HDFC Bank, Larsen & Toubro and ITC were the major laggards on Friday.

Kaynes up 14%, hits record high on Rs 3,750 crore MoU with Karnataka Govt

Kaynes will setup Semiconductor Assembly & Testing (OSAT) facility and Printed Circuit Board (PCB) manufacturing plant through its step down subsidiaries.

Sensex slips 732 pts from day's high, ends 181 pts lower; RIL, L&T weigh

CLOSING BELL ON AUGUST 24, 2023: The Nifty tumbled over 200 pts in intra-day deals, and ended with a loss of 57 points. IndusInd Bank, Asian Paints and Infosys, however, gained over a per cent each.

Yatharth Hospital extends rally, surges 29% in a week on strong Q1 results

In Q1FY24, average revenue per operating bed (ARPOB) increased to Rs 28,140, compared to Rs 27,706 in Q4FY23 and Rs 26,457 in Q1FY23.

Banks, Metals, Capital Goods lift Sensex 213 pts; Adani Group shares slip

CLOSING BELL ON AUGUST 23, 2023: The NSE Nifty 50 ended with a gain of 48 points; Shares related to Chandrayaan-3 mission were also in demand on Wednesday.