Page 29 - Markets

Silver faces downside risk as Warsh's Jackson Hole speech looms

The US merchandise-trade deficit widened in July from $101.40 billion to $118.80 billion, the largest since early last year, as imports surged.

Block deal: Ather Energy shares jump 7% as Hero MotoCorp ups stake

Hero MotoCorp, the biggest shareholder in Bengaluru-based Ather Energy, held a 29.88 per cent stake as of August 25.

Tata group stock Tejas Networks zooms 13% on ₹1,537-cr order win from TCS

Tejas Networks' share price opened at ₹540.60 on the BSE today as against the last closing price of ₹510.85 apiece. Soon after it rallied to the intraday peak of ₹576.80.

Multibagger on listing! Tempsens Instruments shares debut at 111% premium

Tempsens Instruments shares listed at ₹634 on the NSE, a premium of 111.33 per cent against the offer price of ₹300.

Markets not yet pricing in rate hike possibility: Aditya Khemka, InCred

A rate hike expectation should have taken the valuation below its historical average, as the earnings growth for the Nifty 50 has been below the historical average, says Khemka.

NBFCs enter new phase of cyclical recovery; MOFSL sees room for re-rating

MOFSL highlighted that the current earnings recovery is fundamentally different from periods when earnings upgrades were driven primarily by lower-than-expected credit costs.

Stocks to watch: Wipro, Hero MotoCorp, HDFC Bank, Tata Motors PV & more

Stocks to watch today: IT services major HCLTech said it had collaborated with chemicals and biotechnology company Wacker Chemie to set up its global capability centre (GCC) in Pune.

Nifty, Bandhan Bank: HDFC Securities' Nandish Shah recommends bear spreads

Shah's derivative strategies point to downside risk, with the Nifty bear put spread offering a maximum profit of ₹10,270, while the Bandhan Bank spread offers ₹10,620 profit.

Stock Market Close: Sensex declines for 2nd day, ends 539 pts lower; Nifty settles at 24,091

Sensex Today | Stock Market Highlights,Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.1 per cent and 0.13 per cent down, respectively

Investing for the medium term? PL Capital favours these 3 sectors

Over the medium term (6-24 months), PL Capital said that it prefers large private banks, capital goods, and consumer durables.

Tempsens IPO eyes blockbuster debut post 184x bids; what drove demand?

Tempsens Instruments' IPO garnered bids for 279.44 crore shares as against 1.51 crore shares on offer, resulting in a subscription of 184.07 times.

HDFC Bank sheds 2.5% to hit 52-week low on reports of US securities lawsuit

On a year-to-date (YTD) basis, HDFC Bank has declined 28 per cent and remains 8 per cent lower than in the last five years.

Adani Enterprises up 39% YTD; why is MOFSL betting on Nifty's top gainer?

Motilal Oswal Financial Services has initiated coverage of Adani Enterprises with a 'Buy' rating and a target price of ₹3,880, implying a 25 per cent upside from the previous close of ₹3,112.

CAS to be beneficial for ETFs, index funds, says DSP MF's Ghelani

The passive fund could account for 30 per cent of the total mutual fund industry, said Anil Ghelani, Head of Passive Investments & Products, DSP Mutual Fund

Bombay Burmah zooms 14% as SC recalls ₹4,655 cr lease liability observation

Bombay Burmah's stock surged after the Supreme Court withdrew its earlier observation on the ₹4,655 crore lease rent liability.

Ashika bullish on defence pack on global rearmament wave; favours BEL, HAL

The Nifty India Defence index is up 27 per cent on a year-to-date (Y-T-D) basis. It remains higher by 30 per cent in a year.

Tata Power falls 4% after $490 million arbitration challenge fails

The Singapore International Commercial Court has dismissed the Company's challenge, holding that there was no breach of natural justice.

Devyani, Sapphire Foods shares rise 3% after revision of merger scheme

Under the share-swap ratio, Sapphire Foods shareholders will receive 177 shares of Devyani International for every 100 shares held in the former as of the record date, which will be announced later.

IPO frenzy: Why retail investors need to look beyond subscription, GMP buzz

What attracts retail investors to an IPO is primarily the buzz created around the issue on social media, grey markets, and the level of subscription.

Lumino Industries IPO: GMP at 60%; analysts recommend 'subscribe' tag

The shares of Lumino Industries are slated to list on BSE and NSE with a tentative date set as September 3.