Page 42 - Indian Stock Markets

Stocks To Watch: Adani Power, Vodafone Idea, PNB, Reliance Power, V2 Retail

Stocks to watch today: PNB has set a floor price of Rs 109.16 per share for its upcoming qualified institutional placement (QIP) to raise up to Rs 7,500 crore in 2024-25.

Market Close Highlights, Sept 23: Sensex adds 384 pts; Nifty ends near 25,950; PSB index soars 3%

Stock Market Highlights: 34 out of 50 constituent stocks on Nifty50 ended higher with gains led by Bajaj Auto, Mahindra & Mahindra, ONGC, Hero MotoCorp, and SBI Life Insurance

HFCL up 6%, at 52-wk high on deal to supply drone parts to General Atomics

HFCL is developing drone detection radar, which is expected to become a crucial element in modern drone detection systems.

Adani Total Gas share up 7% on securing $375 mn funding to expand CGD biz

Adani Total Gas share price surged after the company announced that global lenders have provided funding worth $275 million to the company.

FIIs up long bets in Nifty, long-short ratio hops to 3:1; retail add shorts

Derivatives market update for Sept 23: FIIs net bought over 1 lakh contracts of Nifty futures and 25,878 contracts of Bank Nifty futures on Friday. Retail investors hold 2 shorts for every long bet.

India melting pot of innovation, scale and execution: SAP India head

India is among the fastest-growing markets for SAP globally and Europe's largest software maker is upbeat about the demand pick-up from small and medium businesses that are keen on adopting technology and AI for driving scale and efficiency needs. The German firm - whose software is used by some of the largest and well-known companies across the globe to streamline business processes from inventory management to supply chains - is scripting a "phenomenal story" in India, Manish Prasad, President and MD of SAP Indian Subcontinent told PTI in an interview, describing the market as a "melting pot of innovation, scale and execution". The Indian market is growing at a faster rate than expected, Prasad said adding small and medium businesses (SMBs), which are an important cog in that, are prioritising AI in a big way. A tech veteran and seasoned business leader, Prasad is leading the charge on SAP's growth and innovation strategies in the Indian subcontinent. "We are extremely bullish ab

Overseas funds pile money into Indian stocks again as bull run extends

The surge in inflows is also a sign of investors' growing comfort with India's equity valuation

Record Galore! Why has Sensex rallied 1,360 points today; details here

Stock Market News: The BSE Sensex soared 1,500 points today to hit a fresh record high of 84,694.5 intraday. The Nifty50, too, saw robust gains of 433 to it a new high of 25,849

Nifty, Bank Nifty form shooting star on daily chart; consolidation ahead?

Derivatives market update for Sept 20: Technically, Nifty has formed a Shooting Star-like pattern on daily scale, signalling exhaustion of buying pressure, said analyst at Asit C. Mehta Investment

Nifty Pharma, FMCG indices range-bound; Check support and other levels here

The Nifty Pharma Index is currently trading in a defined range between 23,700 and 22,700. This suggests that the market is experiencing indecision, with neither buyers nor sellers dominating.

US Fed rate cut: How leading brokerages interpret the development

US Fed rate cut: Policymakers, according to reports, expect the Fed's benchmark to fall another half of a percentage point by 2024-end, and another one per cent in 2025

Tactically cautious on India, Fed rate cut quantum a surprise: Chris Wood

If the US Federal Reserve (US Fed) rate cut is combined with a weaker dollar then the EMs (ex-China) should do well

Aavas Financiers board okays raising funds of Rs 630-cr via NCDs; shares up

The rise in Aavas Financiers came after the company approved issuance of non-convertible debentures (NCDs) to raise Rs 630 crore.

Nifty creates history: Hits 59th new high in 2024, most no of times in a yr

The NSE Nifty had hit 58 record highs in calendar year 2021. Additionally, the index has rallied on an average 27% from its calendar year lows in the last 5 years; and is up 21% thus far this year.

Jigar S Patel of Anand Rathi recommends buying these three stocks today

Over the past few months, IDFC First Bank has consistently maintained a strong support level between Rs 70-71, despite several challenges from downward market trends.

Market Highlights, Sept 17: Sensex up 90pts, Nifty holds 25,400; BHFL hits upper band for 2nd day

Stock Market Highlights: As many as 29 constituent stocks on the Nifty50 ended in the red, dragged by Tata Motors, Eicher Motors, Tata Steel, Coal India, and JSW Steel

Investec bets on Adani Green, initiates with 'Buy'; sees 31% upside

Despite this positive outlook, Adani Green's stock was trading about 2 per cent lower at Rs 1,890.20 as of 9:26 AM, while the BSE Sensex was down 0.08 per cent to 82,920.90 levels.

Adani Power, Adani Green rise upto 8% on power supply deal with Maha Discom

The uptick in the share prices of these companies came on the back of securing a letter of intent (LoI) form Maharashtra state DISCOM for supply of 6,600 MW hybrid solar and thermal power.

Stocks To Watch: Patanjali Foods, Zydus Life, Max Health, Tata Power, MTNL

The US FDA has issued a warning letter to Zydus Lifesciences citing significant manufacturing lapses at its Gujarat-based plant.

Market Highlights, Sept 13: Sensex ends flat, Nifty near 25,350; MidCap index settles at record high

Stock Market Highlights: The NSE Nifty Midcap 100 index ended at a record high closing level of 60,034.05 on Friday