Page 113 - Markets Today
Swiggy, Zomato slips up to 4%; is 10-minute food delivery raising concerns?
NRAI has alleged that the introduction of standalone apps, Bistro and Snacc, by Zomato and Swiggy respectively is raising issues for restaurant partners
 "Swiggy, Zomato slips up to 4%; is 10-minute food delivery raising concerns?")
MGL, IGL: Gas stocks mixed after govt hikes domestic gas allocation
For Mahanagar Gas, Gail made an upward revision in the APM price by 26 per cent which will be effective from January 16, 2025
 "MGL, IGL: Gas stocks mixed after govt hikes domestic gas allocation")
IndusInd Bank down 4% as Goldman Sachs downgrades to 'Neutral', cuts target
The downfall in the IndusInd Bank share price came after reports indicated that the New York-based brokerage Goldman Sachs downgraded the stock to 'Neutral'
 "IndusInd Bank down 4% as Goldman Sachs downgrades to 'Neutral', cuts target")
Surya Roshni shares pop 5% on securing deal from BPCL for CGD project
The uptick in Surya Roshni share price came after the company announced that it has secured an order of Rs 81.47 crore from Bharat Petroleum Corporation Limited (BPCL)
 "Surya Roshni shares pop 5% on securing deal from BPCL for CGD project")
IRCTC share steams ahead 5% as Macquarie initiates with 'Outperform'
The northward movement in IRCTC share price came after foreign brokerage firm Macquarie initiated coverage with 'Outperform' rating, with a target price of Rs 900
 "IRCTC share steams ahead 5% as Macquarie initiates with 'Outperform'")
Quadrant Future Tek allotment today: Check status, GMP, listing date
Once the allotment is finalised, investors can check Quadrant Future Tek's allotment status by visiting the official website of the NSE, or, Link Intime India
 "Quadrant Future Tek allotment today: Check status, GMP, listing date")
Phoenix Mills shares rise 3% on posting Q3 biz update; consumption up 21%
In its Q3 update, Phoenix Mills said its consumption (retailer sales) in Q3FY25 stood at Rs 3,998 crore, up 21 per cent over Q3FY24
 "Phoenix Mills shares rise 3% on posting Q3 biz update; consumption up 21%")
Why did IREDA shares fail to hold gains after Q3 results? Details here
The company's net profit climbed about 27 per cent year-on-year to Rs 425.4 crore in the December quarter of financial year 2025 (Q3FY25), from Rs 335.5 crore in the same quarter a year ago (Q3FY24)
 "Why did IREDA shares fail to hold gains after Q3 results? Details here")
Senco Gold shares decline 6% after posting Q3 update; check details here
In its Q3 update, the company said that after months of gains and record highs, gold's upward trajectory has slowed since early November
 "Senco Gold shares decline 6% after posting Q3 update; check details here")
Capital Infra Trust IPO: Check allotment status, GMP, listing expectations
Once the allotment of Capital Infra Trust IPO shares is finalised, investors can check their status on the official websites of BSE, NSE, or Kfin Technologies, the registrar for the issue
 "Capital Infra Trust IPO: Check allotment status, GMP, listing expectations")
Markets Today: TCS Q3; FIIs; Quadrant Future IPO allotment; US, UK bonds
Thursday's session had already painted a grim picture, with the Sensex plunging 528.28 points (0.68 per cent) to close at 77,620.21. The Nifty shed 162.45 points (0.69 per cent) to settle at 23,526.50
 "Markets Today: TCS Q3; FIIs; Quadrant Future IPO allotment; US, UK bonds")
Stock Market Close Highlights: Sensex sheds 528pts, Nifty at 23,526; IT, financials shares dip
Stock Market Today LIVE Updates, Jan 9: In the broader markets, the Nifty MidCap and SmallCap indices were flat
 "Stock Market Close Highlights: Sensex sheds 528pts, Nifty at 23,526; IT, financials shares dip")
Lupin shares rise but pares gains soon; here's what moved stock in trade
The EIR was issued with an inspection classification of Voluntary Action Indicated (VAI) post the inspection of the facility from September 16 to September 27, 2024
 "Lupin shares rise but pares gains soon; here's what moved stock in trade")
Ajmera Realty rises 4% on Q3 biz nos., pares gains later on profit booking
The uptick in Ajmera Realty share price came after the company reported its operational numbers for the December quarter of financial year 2025 (Q3FY25)
 "Ajmera Realty rises 4% on Q3 biz nos., pares gains later on profit booking")
TCS share price remains flat ahead of Q3 results; here's what to expect
Brokerages tracked by Business Standard expect TCS to report a 6.3 per cent year-on-year (Y-o-Y) revenue growth for Q3, reaching Rs 6,445.63 crore, up from Rs 6,060 crore in the previous year
 "TCS share price remains flat ahead of Q3 results; here's what to expect")
Anand Rathi Wealth up 7% as board to consider bonus issue on Jan 13, 2025
The company announced that its board will consider bonus issue in a meeting on Monday, January 13, 2025
ACME Solar gains 5% on commissioning 90W additional capacity in Rajasthan
ACME Solar Holdings commissioned solar power projects through its subsidiaries-- ACME Dhaulpur Powertech Private Limited and ACME Raisar Solar Energy Private Limited
 "ACME Solar gains 5% on commissioning 90W additional capacity in Rajasthan")
Swiggy races 6% as Bernstein initiates with 'Outperform'; sees 29% upside
The northward move in the Swiggy share price came after reports suggested that global brokerage Bernstein initiated coverage with 'Outperform' rating on the Swiggy stock, with a target price of Rs 635
 "Swiggy races 6% as Bernstein initiates with 'Outperform'; sees 29% upside")
HSBC downgrades Indian markets to 'Neutral,' slashes Sensex target for 2025
HSBC has revised its Sensex target for the end of 2025, lowering it to 85,990, from 90,520 earlier
 "HSBC downgrades Indian markets to 'Neutral,' slashes Sensex target for 2025")
P N Gadgil Jewellers slip 3% after posting Q3 biz update; Check details
In its Q3 update, the company said its retail segment saw a year-on-year (Y-o-Y) revenue growth of around 42 per cent compared to Q3 FY24
 "P N Gadgil Jewellers slip 3% after posting Q3 biz update; Check details")