Page 42 - Indian Markets

Markets log third straight monthly advance amid sustained FPI inflows

The Sensex and the Nifty50 rose more than 2% each in May, extending their three-month gain to 5%

Stocks to watch: Adani Ports, NMDC, HDFC Life, Apollo Hospitals, PTC Inds

Stocks to watch on May 31, 2023: From Adani Ports to Sun Pharma, here are top stocks to watch in Wednesday's trading session

Sebi, industry officials seek common ground as differences on UPSI arise

Industry officials say the proposed change may bring confusion to what all is categorised as price-sensitive information along with compliance burden

Stocks to watch: Adani Transmission, ONGC, IRCTC, IPCA Labs, Torrent Power

Stocks to watch on May 30, 2023: From ONGC to Adani Transmission, here are top stocks to watch in Tuesday's trading session

Is the foreign banking landscape changing in India?

The Indian market offers limitless possibilities. International banks are aware of this but not many seem willing to explore it

Sensex zooms 629 pts, Nifty ends at 18,500; RIL, Sun Pharma jump up to 3%

Stock market live updates: The SGX Nifty, on Friday, indicated a muted open for benchmark indices as it stood around 18,423 levels, down 43-odd points, amidst mixed sentiments across global markets

Nifty ends May F&O series above 18,300; Sensex gains 99 points

Stock market live updates: The SGX Nifty, on Thursday, signaled at negative start for the bourses as it stood around 18,270 levels, down 14-odd points

Have to link Indian market with innovation, says Dharmendra Pradhan

Linking the Indian market with innovation and prioritising competency over degrees will make the country self-reliant and a leading economy, Union Education Minister Dharmendra Pradhan said on Wednesday. Addressing the annual summit of the Confederation of Indian Industry (CII), he said India is taking great strides in areas of digital capabilities, frontier technologies and innovation. "In the coming days, we will have to work on a new curriculum to prepare our youth for opportunities in these booming areas. The new National Education Policy (NEP) will be helpful in this area," Pradhan said. "We will have to link Indian market with innovation and prioritise competency over degrees, then only we will be able to become self-reliant and a leading economy. We will have to trust more, the strength of our youth and intellectual capabilities of our country and move ahead with new approaches and fundamentals," he said. The theme of the summit was "Future Frontiers: Competitiveness, ...

Sensex drops 208 pts, Nifty below 18,300; metal, financial stocks weak

CLOSING BELL: Adani Enterprises fell over 6 per cent, while Adani Ports, Tata Motors, HDFC, HDFC Bank, ICICI Bank, Reliance Industries, HUL, and Asian Paints declined up to 2 per cent

Centre plans sweeping overhaul of digital law as Indian market swells

The changes will impact how Alphabet Inc.'s Google to Meta Platforms Inc. to Amazon.com Inc. do business in a market the government estimates will expand to 1.3 billion internet users by 2025

Solid order book, indigenisation to keep defence stocks in demand: Analysts

Shares of Hindustan Aeronautics (HAL), Mazagon Dock Shipbuilders, MTAR Technologies, Bharat Electronics (BEL), and Bharat Dynamics (BDL) have skyrocketed up to 160 per cent in a year

Indian market offers opportunity of innovation for Nescafe: Nestle official

India is one of the fastest growing markets for Nescafe and offers a "huge opportunity" for innovation and premiumisation, according to a senior Nestle official. Nescafe is a coffee brand owned by leading Swiss food company Nestle. Nestle's Head of Coffee Strategic Business Unit Philipp Navratil, who is on an India visit, said the company is encouraged by the new coffee culture brewing in India with the opening of new coffee shops. "India is one of the fastest growing markets for Nescafe and offers a huge opportunity for penetration-led growth, both through in-home and out-of-home consumption," he said in a statement issued by the company on Tuesday. According to him, Nescafe has already reached a household penetration of 46 million in India, which is a substantial number. He also said there is a "huge opportunity" to bring Nescafe to the world, making it more affordable to consumers. "We believe Nescafe is perfectly positioned to introduce the world to coffee -- we are more ...

IPO-bound Netweb Technologies PAT more than doubles to Rs 47 cr in FY23

IPO-bound IT hardware company Netweb Technologies has posted over two-fold jump in its profit after tax at Rs 46.93 crore in the financial year ended March 31, 2023, according to a regulatory filing. The company had posted a profit after tax of Rs 22.45 crore in the financial year (FY) 2021-22. The revenue from operations of Netweb Technologies grew 80 per cent to Rs 444.97 crore in FY'23 from Rs 247 crore a year ago, according to a ROC filing. The company had filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) in March 2023 to raise funds through an Initial Public Offering (IPO). The IPO consists of a fresh issue of equity shares worth up to Rs 257 crore and an offer-for-sale (OFS) of up to 85 lakh equity shares by selling shareholders. Netweb Technologies said it has demonstrated improved profitability with EBITDA margins expanding to 15.86 per cent in FY'23 compared to 14.32 per cent in FY22. Similarly, the profit after tax (PAT)

Recovery in rural demand, festival season may ramp it up: Mrinal Singh

There are green shoots of recovery in rural demand, which is likely to benefit rural heavy consumer staples and two-wheelers for instance

Sensex, Nifty end flat; Adani shares rally for 3rd day, SpiceJet sinks 14%

Stock market live updates: The SGX Nifty, on Tuesday, indicated a firm start as it quoted 18,359 levels, up 24-odd points

India's IPO mop-up so far sees sharp drop versus global peers in 2023

Domestic market share in amount raised globally falls to 0.9% versus five-year average of 2.9%

Analysts see rich valuations for paint, tyre stocks; time to book profit?

Shares of related companies have gained up to 84 per cent, as against a 14 per cent rise in the S&P BSE Sensex

IT stocks spark 234-pt rally in Sensex; Nifty tops 18,300; Adani Ent up 20%

Stock market live updates: The SGX Nifty, on Monday, signalled a muted start as it stood at 18,211 levels, down 28-odd points

Narayana Hrudayalaya rallies 11% to hit a record high on strong Q4 results

The company reported the highest-ever revenue and profitability in Q4FY23, as well as for FY23, which is attributed to increased patient footfalls along with improvements in speciality and payor mix

Statsguru: Six charts explain LIC's stock listing pains amid headwinds

Private players have diversified ways of sourcing business, while LIC is more dependent on its agents