Page 417 - Markets

Crypto wrap: January Fed meet minutes pull Bitcoin back from six-month high

The minutes, released on Wednesday, said that the members believe "ongoing" rate hikes will be necessary

SpiceJet soars 15% as net profit jumps five-fold to Rs 107 crore in Q3

Despite a big jump in passenger traffic, business has continued to be impacted by high fuel prices and depreciating Rupee, the company said

GAIL India rallies 5% in weak market; hits 8-month high on heavy volumes

Gas transmission and trading volumes are likely to increase in FY24E with supplies coming from new sources, analysts say

Jindal Stainless (Hisar) fixes record date for merger with JSL; stock up 3%

JSHL Board approved merger of the company into Jindal Stainless with a swap ratio of 1: 1.95

Stocks to watch: Axis Bank, Zee Ent, SpiceJet, RIL, Bharat Forge, Alkem Lab

Stocks to watch: Zee Entertainment has been barred from the futures and options (F&O) segment of the NSE; Olectra Greentech has developed a hydrogen bus in technical partnership with Reliance Ind

Amid record aircraft orders, aviation remains a long-term play: Analysts

A linear profit growth is unlikely for the Indian aviation players as high oil prices hit the industry every two-three years

Disclosure gains

Sebi's proposals on listing norms would aid transparency

Sebi plans to make registration mandatory for ESG rating providers

Sebi proposes framework for ESG scoring parameters and rating providers in fresh consultation paper

Trading strategies for Bata India and Alembic Pharma by Mehul Kothari

BATA INDIA has been correcting from 1,950 without any meaningful bounce

Shipping Corporation soars 10% on govt's approval to demerger plan

The Ministry of Corporate Affairs has approved the revised demerger plan of Shipping Corporation of India, wherein Rs 1,000 crore will be transferred to the non-core assets

Zee Entertainment tanks 14% as NCLT admits company to insolvency resolution

The NCLT decision to begin bankruptcy proceedings has overshadowed Zee Entertainment's merger with Culver Max Entertainment (Sony)

HG Infra rises 4% on Rs 535 cr-order win from RVNL; stock up 30% in 3 mths

As per analysts at Centrum Broking, the stock of HG Infra has headroom to re-rate as the company is continuing to deliver on growth and monetisation targets

Sandur Manganese zooms 11% on approval to increase production

Sandur Manganese plans to start the operations at enhanced level of production from the next financial year

Exchanges reclassify Sameer Gehlaut's stake as 'public'; stock falls 5%

With the re-classification, the promoter shareholding in the company has been reduced to nil from 9.6 per cent

TMS Ep375: Wheat crop, Air India, rice exporters' shares, political symbols

Is India's wheat crop under threat? Can Air India wrest market share from Gulf airlines? Will the rally in shares of rice exporters sustain? How does the Election Commission allot party symbols?

Treasury Bill yields soar over tighter liquidity, inflation worries

Yield curve flattens; T-bill, 10-year bond spread now at 16 bps versus 222 bps a year ago

Sensex sees worst day in two months on US Fed interest rate fears

Investors were also nervous ahead of the release of the minutes of the Federal Open Market Committee's meeting later Wednesday

No respite for Adani Group firms from market carnage, loses over $140 bn

The total market cap of the group has now been reduced to just Rs 7.6 trillion, down from more than Rs 20 trillion at the start of the year

Chaman Lal, KRBL: Firm demand to keep rice shares steaming, say analysts

Analysts expect global and domestic rice demand to remain firm, which they believe, would keep the stock prices piping hot going ahead

Adani group shares extend fall; Adani Total Gas tanks 79% in one month

Adani Power (Rs 162.60), Adani Transmission (Rs 788.75), Adani Total Gas (Rs 834.95), Adani Green Energy (Rs 539.30) and Adani Wilmar (Rs 390.35) were locked at 5 per cent lower circuit today