Page 34 - Indian Stock Market

Here's why Marksans Pharma stocks hit 52-week high on August 21; Know more

The surge in the stock price came after the company announced that its wholly owned subsidiary (WOS) Relonchem Limited has secured Marketing Authorisation from UKMHRA for three products.

RMC Switchgears hits 5% upper circuit as unit get nod to set up RE park

The rise in stock price came after the company announced that its subsidiary RMC Green Energy has secured approval from Rajasthan Renewable Energy Corporation to set up a 50 MW RE park in Rajasthan.

Hazoor Multi Projects share price up 5% on winning Rs 274 crore project bid

The share price of Hazoor Multi Projects rose after the company announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 273.74 crore from MSIDC.

Polycab India shares rise 3% after UBS initiates 'buy'; check out target

UBS is bullish on Polycab India on the back of better-than-expected domestic volume growth, domestic market share gains, and a distribution-led export business model

DCM Shriram stock gains after commissioning of Hydrogen Peroxide plant

The rise in the share price came after the company announced that it has successfully commissioned a new Hydrogen Peroxide plant.

Market Today: Global cues, Saraswati Saree listing in focus; GIFT Nifty up

Stock market trading guide today, Tuesday: How will Indian stock markets trade today? What are the key Nifty levels to watch?

Here's why Techno Electric stock is locked in 5% upper circuit on August 19

The surge in the stock price followed Techno Electric's announcement of a strategic partnership with IndiGrid.

India's holding of American securities hits high of $241.9 bn in June

India's holding of US government securities touched a high of USD 241.9 billion in June as the country continued to increase its exposure for the third straight month. Japan was the top holder with securities worth over USD 1.11 trillion followed by China at the second spot with a holding valued at USD 780.2 billion in June, according to the latest data released by the US Treasury Department. At the third place was the United Kingdom with an exposure of USD 741.5 billion ahead of Luxembourg at the fourth position with a holding to the tune of USD 384.2 billion. Among the countries and jurisdictions, India was at the 12th place owning American government securities worth USD 241.9 billion in June, higher than USD 237.8 billion value recorded in May. As per the data, India's holding is the highest in the last one year and it was at USD 237.8 billion in May 2024. In April this year, it touched USD 233.5 billion declining from USD 240.6 billion in March. In June last year, the exposur

FPIs turn net sellers; pull out Rs 21,201 crore from equities in Aug so far

Foreign investors continued their relentless selling in the Indian equity markets in August, offloading shares worth Rs 21,201 crore due to the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts. This came after an inflow of Rs 32,365 crore in July and Rs 26,565 crore in June, data with the depositories showed. Foreign portfolio investors (FPIs) infused funds in these two months on the expectation of sustained economic growth, continued reform measures, better-than-expected earnings season and political stability. Before that, FPIs withdrew Rs 25,586 crore in May on poll jitters and over Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. According to the data, FPIs withdrew a net amount of Rs 21,201 crore in equities so far this month (August 1-17). So far this year, FPIs invested Rs 14,364 crore in equities, data with the depositories showed. FPI outflows witnes

Aurobindo Pharma stock tanks 6% after unit gets warning letter from USFDA

The drop in the share price came after the company announced that its' arm Eugia Pharma Specialties' Unit-III received a warning letter from United States Food and Drug Administration (USFDA).

Ajit Mishra of Religare Broking suggests buying these three stocks today

We are seeing a noticeable strength in paint stocks and Berger Paints is trading in sync with the move.

Stock Markets closed on Independence Day 2024; trading to resume on Aug 16

Other stock market holidays for the year include Gandhi Jayanti on Oct 2, Diwali on Nov 1, Guru Nanak Jayanti on Nov 15, and Christmas on Dec 25

India poised to narrow gap with China in emerging-market stock anchor

A higher weighting for India will position it to become the new anchor for emerging market equities

Who is Dhaval Buch? Sebi chief's husband named in Hindenburg report

Dhaval Buch's association with PE major Blackstone not on real estate side, clarifies couple

'A red herring': Adani Group scraps Hindenburg's fresh allegations

In a statement to the stock exchanges on Sunday, an Adani group spokesperson said the latest allegations by Hindenburg are malicious, mischievous, and manipulative

Sebi-proposed F&O trading regulations to hit exchanges, brokers: Reports

Stock exchanges and brokers, catering to retail traders, could be hit hard by the regulator Sebi's proposed measures for Futures & Options (F&O) trading regulations, with market volumes slumping 30-40 per cent, according to reports. If these measures are implemented, the number of investors could decrease, it added. Moreover, discount brokers, who depend heavily on retail investors, are expected to be more affected than traditional full-service brokers. Sebi, in its consultation paper in July, proposed seven measures, including increasing minimum contract size and upfront collection of option premiums, intra-day monitoring of position limits, rationalisation of strike prices, removal of calendar spread benefit on expiry day and increase in near contract expiry margin. Sebi stated that these measures are aimed at enhancing investor protection and promote market stability in derivative markets. According to a report by Jefferies, Sebi's proposed measures to reduce the number of .

Sebi vs Hindenburg: The fight has moved away from Adani, the initial target

The Sebi chief has 'strongly' denied Hindenburg's fresh allegations terming it 'baseless insinuations' which is 'devoid of any truth'

FPIs turn net sellers, withdraw Rs 13,400 cr from equities so far in Aug

After infusing money during the last two months, foreign investors have turned net sellers as they pulled out over Rs 13,400 crore from Indian equities in August so far due to unwinding of the yen carry trade and recession fears in the US. So far this year, FPIs have made a net investment of Rs 22,134 crore in equities, data with the depositories showed. Going forward, if the market continues to rise, FPIs are likely to press more sales since Indian stock valuations continue to remain elevated, particularly in relation to valuations in other markets, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. According to the data, Foreign Portfolio Investors (FPIs) withdrew a net amount of Rs 13,431 crore from equities so far this month (August 1-9). This came following an inflow of Rs 32,365 crore in July on expectation of sustained economic growth, continued reforms and better-than-expected earnings season, and Rs 26,565 crore in June driven by political ...

Kolte-Patil Developers hits 52-week low on weak Q1 show; stock slips 4%

The fall in the share price came after the company announced a weak set of June quarter (Q1FY25) results.

Is the worst over for the stock markets? Here's what analysts think

Stock market outlook: The S&P BSE Sensex and the Nifty50 have been mostly resilient - as compared to their global peers - amid this uncertain phase