Page 28 - Market News

Stock Market Highlights, Aug 7: Sensex climbs 875 pts; Nifty ends at 24,297; Mid, smallcaps outrun

Stock Market Highlights on August 7: As many as 44 out of 50 constituent stocks of the Nifty50 ended higher, with ONGC, Coal India, Adani Enterprises, and Adani Ports gaining up to 7.45 per cent

Cummins India shares soar 7% post robust Q1FY25 net profit growth

On Tuesday, Cummins India reported a 33 per cent year-on-year (YoY) increase in its standalone net profit for the first quarter of FY25, reaching Rs 419.8 crore

Graphite India stock jumps 8% after reporting Rs 237 cr net profit in Q1

The stock price of Graphite India surged up to 8.38 per cent to Rs 46.62 per share on the BSE in Tuesday's intraday deals

Vedanta's shares surge after net profit grows 54% YoY in Q1FY25 results

The stock price of Vedanta surged up to 2 per cent to Rs 422 per share on the BSE in Tuesday's intraday deals. This came after the company's net profits more than doubled sequentially

HCC's stock price tanks 5% after reporting a net loss of Rs 2.5 cr in Q1

The stock price of Hindustan Construction Company (HCC) fell up to 4.81 per cent to Rs 46.62 per share on the BSE in Tuesday's intraday deals

Schneider Electric's stock zooms 10% after robust Q1FY25 performance

Shares of Schneider Electric Infrastructure soared up to 10 per cent to Rs 824 per share on the BSE in Tuesday's intraday deals

Unicommerce eSolutions IPO opens today: GMP up 23%; Should you subscribe?

Unicommerce eSolutions raised Rs 124.46 crore from anchor investors on Monday, August 5, 2024, ahead of its opening for public subscription

Motherson Sumi Wiring deserves rich valuations, say analysts post Q1 show

Analysts believe that Motherson Wiring's Q1 show was muted due to start-up costs of two new plants, resulting in lower-than-estimated growth in profits and operating margins

Rupee at new low of 83.85 against US dollar, bonds gain on global cues

Market participants said that the local currency might gradually depreciate to Rs. 84 per dollar in near term

Stock Market Highlights, Aug 5: Sensex tanks 2,223 points; Nifty ends near 24,050 amid global rout

Stock Market Live updates on August 5: Indian bourses are staring at a bear attack on Monday after heavy sell-off in global peers. The GIFT Nifty futures also indicated a gap-down start,

Last Day! Ceigall India IPO closes today; Should you Bid? Check GMP & more

The three-day subscription window to apply for Ceigall India IPO, which opened on Thursday, August 1, 2024, closes today

Sebi to relax norms for registered investment advisors, research analysts

According to industry estimates there are more than 1,300 RIAs but only 300 of them are members of the association of RIAs

'Sebi's plan on index derivatives to reduce volumes, lower volatility'

Markets regulator Sebi's proposal on tightening rules for index derivatives if implemented may result in erosion of volumes from Futures & Options (F&O), experts said on Wednesday. At the same time, it will enhance investor protection and promote market stability in derivatives markets, they added. In its consultation paper on Tuesday, the regulator has 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. One of the proposals is to rationalise weekly expiry and restrict it to one per week on the benchmark index per exchange. This change will likely impact volumes, as the recent volumes in the equity derivatives segment have been driven by weekly expiries, HDFC Securities MD & CEO Dhiraj Relli said. "Reducing volumes in F&O will bring down the ...

Ola Electric's IPO price out! How does it stack up against listed peers?

According to Redseer, E2W penetration in India is expected to expand from approximately 5.4 per cent of domestic 2W registrations in FY24 to 41-56 per cent of domestic 2W sales volume by FY28

Market regulator Sebi plans to widen net to curb insider trading

Proposes amendments in definition of 'connected persons', covers more relatives under PIT Regulations

Axis Securities picks PI Industries as 'Stock Pick of the Week'; Check Why

Axis Securities remains bullish on PI Industries and has called it the stock pick of the week for investors. Here is the investment rationale of Axis Securities

Sun Pharma Q1 Preview: R&D spends to hit margins; profits may rise 10%

Brokerages expect a satisfactory quarter for Sun Pharma giant with a steady growth in the topline as well as bottomline on a year-on-year (YoY) basis, however, sequentially the bottomline may get hit

Market highlights, July 26: Record close for benchmarks; Sensex soars 1,293 pts, Nifty near 24,850

Stock market highlights, July 26, 2024: In broader indices, the MidCap index outperformed benchmark indices rallying 2.12 per cent while SmallCap settled 1 per cent higher

IndiGo Q1FY25 results today: Will it report profit or loss? Read preview

IndiGo Q1FY25 result preview: : InterGlobe Aviation-owned IndiGo Airlines may report lower profit on yearly basis due to high base of last year and low air traffic amid Delhi T1 roof collapse crisis

L&T Q1FY25 analysis: Analysts eye order execution post strong June quarter

Shares of Larsen and Toubro rose 2.46 per cent at Rs 3606.25 per share on the BSE in Thursday's intraday trade