Page 285 - Markets

Ashok Leyland up 4% after targeting Ebitda break-even for its arm in FY25

Hinduja expects Switch India to achieve Ebitda (earnings before interest, taxes, depreciation, and amortisation) break-even during the current financial year

Naukri.com parent Info Edge climbs 5% in trade; What's boosting the rally?

Info Edge declared an interim dividend of Rs 12 per share and fixed the record date as Wednesday, November 20, 2024

Nifty rebound attempt fizzles, sellers reinforce resistance; shows F&O data

F&O cues for Nov 11: Nifty's outlook has shifted to a bearish-to-sideways bias, as multiple rally attempts have been thwarted by sellers, says Dhupesh Dhameja of SAMCO Securities.

Osho Krishan of Angel One recommends buying this healthcare stock

Recently, the stock has demonstrated a strong bullish gap, showcasing its ability to maintain a position above all major EMAs on the daily chart, which supports a positive outlook

Don't see a sustained crash in the large-cap stocks: Devina Mehra

BS BFSI Summit: Mehra, who prefers to take a calculated and a cautious approach to stock market investing, has been warning against a market correction since the past few quarters

Niva Bupa Health IPO gets 1.17 times subscription on day two of offer

The initial share sale got bids for 20,26,82,400 shares against 17,28,57,143 shares on offer, as per NSE data

ACME Solar Holdings IPO subscribed 2.75 times on closing day of offer

The Initial Public Offer (IPO) received bids for 16,00,11,174 shares against 5,82,03,223 shares on offer, according to data available with the NSE

Premature to link market trends to US election: Nageswaran at BFSI Summit

Chief Economic Adviser to the Govt of India, V Anantha Nageswaran, shares thoughts on market trends and growth at the Business Standard BFSI Insight Summit

NSE to boost commodities segment with new contracts in coming months

The National Stock Exchange of India (NSE) is gearing up to strengthen its commodities segment with plans to roll out new contracts in the next few months, an NSE official said on Friday. The exchange is looking to leverage its expansive reach and financial strength to make a significant mark in commodities trading. NSE Chief Business Development Officer Sriram Krishnan said the exchange is considering rolling out new contracts in the next few months and the focus would be non-agri commodities as there is a lot of certainty in launching these asset classes as compared to agri commodities. These additional contracts would be selected from a wide array of Sebi-approved commodities. Moreover, about 240 members have set up already and live on NSE commodities. These included foreign portfolio investors, algo participants and active market makers. "NSE is convinced that commodities are a very big thing which is about to happen in India. We did a lot of analysis on which contracts come ou

SBI Q2 results: Profit soars 28% YoY to Rs 18,331 crore; stock falls 3%

SBI Q2 results: SBI share price fell 2.9 per cent to Rs 834 per share on the BSE after the announcement of Q2 results 2024

Ircon International slips 6% on weak Q2 results; PAT down 18%, rev down 19%

Ircon International's revenue from operations fell 19.3 per cent for the quarter under review to Rs 2,448 crore as compared to Rs 3,033 crore a year ago

SBI Q2 results preview: Profit may rise upto 17%, provisions could shoot up

SBI Q2 preview: SBI, India's biggest state-owned bank, is scheduled to report its financial results for quarter-ended (Q2 FY25) and half-year ended (H1 FY25) on September 30, 2024 on November 8, 2024

ONGC, HAL, SJVN: 5 PSU stocks that can rally up to 25% by year-end

PSU stocks such as ONGC, HAL, Oil India, SJVN and BEL have retraced up to 50% of its previous rally; tech charts indicate that as long as the recent lows are protected a bounce back seems likely.

Samhi Hotels up 5% on adding upscale hotel in Hyderabad with 170-175 rooms

As per the filing, the hotel will be completed through the conversion of an office building located on the main arterial road of Hitec City

Trent hits 3-month low post Q2 results; share price down 25% in 1 month

Trent share price: Despite the recent fall, Trent share price has outperformed market thus far in the calendar year 2024, by zooming 110 per cent as against 10 per cent gain in the benchmark index

Sterlite Tech up 7% on emerging L1 bidder for over Rs 1 bn-order from BSNL

The contract is for 3 years of construction and 10 years of maintenance contract at 5.5 per cent per annum of capex for the first 5 years and 6.5 per cent per annum of capex for the next 5 years

Gold rate today: Analyst advises 'Sell on rally' for Gold post Fed rate cut

Gold price: The yellow metal faces risk from fickle bond yields as deficit concerns loom large. Near-term upside is limited, says Praveen Singh of Sharekhan

FIIs add fresh shorts in Nifty futures; F&O data hints at cautious stance

F&O cues for Nov 08: According to the options data, the max pain level for the Nifty now stands at 24,200, and for Bank Nifty at 52,100; says Dhupesh Dhameja of SAMCO Securities.

Nifty 50: Here's how experts interpret the recent stock market volatility

Trading strategies in Nifty and Bank Nifty by market experts: Consensus view is that Nifty may hold the bullish bias as long as the index holds above 24,000-mark; check key levels here.

BS BFSI Summit: Market gurus say valuations limit near-term upside

BS BFSI Summit: There is limited room for PE multiples to move up and return expectations going ahead have to be moderate, analysts said at the Business Standard BFSI Insight Summit