Page 37 - Markets News
ITC Hotels share price up 5% on heavy volumes; buy, sell or hold?
ITC Hotels share price target: ITC Hotels shares jumped 5 per cent on heavy volumes in Monday's trade. An analyst has said that ITC Hotels shares could rally up to ₹230-240 in the recent pullback
 "ITC Hotels share price up 5% on heavy volumes; buy, sell or hold?")
Vedanta shares rise 2% as board to consider fundraise; analysts bullish
Vedanta share price: In an exchange filing, Vedanta said that its board will meet on Wednesday (February 25) to consider a fundraising proposal via NCDs
 "Vedanta shares rise 2% as board to consider fundraise; analysts bullish")
Tata stock to buy: Analysts see more steam left after 18% rally in 5 days
Tata stock to buy: Tata Investment shares have zoomed as much 18 per cent in the last 5 sessions. Analysts said that the Tata stock can climb up to ₹830-850 in near-term
 "Tata stock to buy: Analysts see more steam left after 18% rally in 5 days")
Rekha Jhunjhunwala stock: Time to buy Federal Bank post ₹686-cr tax refund?
Federal Bank has informed that it will receive a tax refund of ₹686-crore in a long-standing tax matter
 "Rekha Jhunjhunwala stock: Time to buy Federal Bank post ₹686-cr tax refund?")
Axis says V-Mart Retail to benefit from rural recovery; predicts 31% upside
Axis Direct said that V-Mart is well-placed to benefit from rural recovery and market share gains from unorganised players
 "Axis says V-Mart Retail to benefit from rural recovery; predicts 31% upside")
Religare Enterprises dips for 7th day, down 10% since demerger announcement
Religare Enterprises has approved a plan to demerge its financial services and insurance businesses into two separately listed entities
 "Religare Enterprises dips for 7th day, down 10% since demerger announcement")
TCS share price climbs 2% in intraday on partnership with OpenAI
Today's rebound in TCS shares came as the Tata group announced a partnership with OpenAI amid the ongoing India AI Impact Summit in New Delhi
 "TCS share price climbs 2% in intraday on partnership with OpenAI")
Netweb share price zooms 20% in 3 sessions; buy, sell or hold?
Netweb share price: The shares of India's largest supercomputing systems manufacturer have gained almost 20 per cent in just three trading sessions
 "Netweb share price zooms 20% in 3 sessions; buy, sell or hold?")
JM Financial AMC's pre-IPO fund: A ₹1,500-cr bet on India's next big IPOs
The Pre-IPO Fund will focus on investing in companies that are expected to list within 18 months, a move expected to align with the growing interest in IPO-bound startups
 "JM Financial AMC's pre-IPO fund: A ₹1,500-cr bet on India's next big IPOs")
MCX, NSE remove additional margins on gold, silver future contracts
MCX and NSE said have removed an extra 3 per cent margin on all gold futures contracts and 7 per cent on all silver futures contracts, starting today. The move is expected to ease margin requirements
 "MCX, NSE remove additional margins on gold, silver future contracts")
Markets calm as ECB President Christine Lagarde's exit buzz grows
An ECB spokesperson said Lagarde was focused on her job and had not taken any decision regarding the end of her term
 "Markets calm as ECB President Christine Lagarde's exit buzz grows")
Oil edges up after 2% drop as focus turns to US-Iran negotiations
Political consultancy Eurasia Group said in a Tuesday note to clients that it thinks there is a 65 per cent probability of U.S. military strikes against Iran by the end of April
 "Oil edges up after 2% drop as focus turns to US-Iran negotiations")
Gaudium IVF IPO opens Feb 20: GMP at 15%; 5 key risks you should know
The unlisted shares of Gaudium IVF were trading at ₹91 in the grey market, commanding a premium of ₹12 or 15 per cent from the upper end price of ₹79
 "Gaudium IVF IPO opens Feb 20: GMP at 15%; 5 key risks you should know")
Godfrey Phillips zooms 12%, recoups YTD losses; analyst sees more upside
With today's sharp gain of 12 per cent, Godfrey Phillips shares have now recouped the YTD losses
 "Godfrey Phillips zooms 12%, recoups YTD losses; analyst sees more upside")
Stock to buy: Elara says GMR Airports' earnings turn structurally strong
Elara Capital has retained its 'Buy' call on GMR Airports with a target price of ₹140
 "Stock to buy: Elara says GMR Airports' earnings turn structurally strong")
Axis Bank preferred pick by Centrum within banking space; target ₹1,460
Centrum has assigned 'Buy' rating on Axis Bank, calling it a preferred pick from the banking space. The brokerage has set a target price of ₹1,460
 "Axis Bank preferred pick by Centrum within banking space; target ₹1,460")
Crude falls 2% as progress in US-Iran talks raises market optimism
The talks took place amid a US military buildup in the Middle East. Iran's supreme leader said on Tuesday that any US attempt to depose his government would fail
 "Crude falls 2% as progress in US-Iran talks raises market optimism")
Tech and AI concerns keep Wall Street on edge, markets see volatility
About 260 shares in the S&P 500 rose, with the gauge hovering near 6,840. The yield on 10-year Treasuries was little changed at 4.05 per cent
 "Tech and AI concerns keep Wall Street on edge, markets see volatility")
Why defence stocks are rising in trade today? Astra Microwave gets 'Buy'
Defence stocks are in a momentum on a day when French President Emmanuel Macron is visiting India, raising hopes that India could seal a deal to buy more fighter jets
 "Why defence stocks are rising in trade today? Astra Microwave gets 'Buy'")
ITC jumps 3% on report of cigarette price hike; analysts see base formation
ITC shares jumped 3 per cent after reports said that the company has hikes cigarette prices. Analysts said that ITC stock is currently forming a base after the recent breakdown
 "ITC jumps 3% on report of cigarette price hike; analysts see base formation")