Page 445 - Markets

Page Industries rallies 8% in three days; hits new high in a weak market

Going foward, the company expects that the growing urban women population and women corporate workforce are better growth opportunities

IndusInd Bank's stock rally has more legs; up to 35% upside likely: Experts

IndusInd Bank has addressed key issues that were an overhang on the counter at the bourses - the biggest being the reappointment of its managing director and chief executive officer

Capital goods stocks may re-rate on Govt capex push, firm demand: Analysts

Inflation remains a key risk for margins amid geopolitical tensions. But, analysts expect this to improve from the second half of FY23 due to declining commodity prices and strong order inflows

Sensex down 263 pts, Nifty near 17,700 ahead of US Fed outcome; FMCGs shine

CLOSING BELL: The losses, meanwhile, were led by the Nifty Metal index (down 2 per cent), and the Nifty Pharma index (1.4 per cent)

Liberty Shoes surges 17%, hits over four-year high on heavy volumes

Till 12:38 PM, nearly 2.75 million equity shares, representing 16 per cent of total equity of Liberty Shoes, had changed hands on the NSE

Swaraj Engines surges 15% as M&M plans to buy additional 17.41% stake

With this, M&M's stake in SEL would increase from 34.72 per cent to 52.13 per cent

Time to diversify to global equities as central banks frontload rate hikes?

Though the recent rally in domestic equities has turned the markets expensive relative to peers, analysts still suggest investors focus on Indian equity markets

Narrowing bond yields signal liquidity squeeze in markets, shows data

Spread between 10-yr G-sec and 2-yr bond yields narrows to 38-mth low

Global wealth up 9.8% YoY at $463.6 trn in 2021; India, China lead the way

India, Credit Suisse said, saw a 12 per cent year-on-year (YoY) rise in total household wealth in 2021 to $14,225 billion

Broad-based rally lifts Sensex 578pts, Nifty above 17,800; pharma stks lead

CLOSING BELL: Besides, the Nifty Auto and Private Bank indices advanced 1.7 per cent each

Edible oil shares in focus: AWL, Patanjali Foods freeze at 5% upper circuit

Adani Wilmar has regained Rs 1-trillion market capitalisation, while Patanjali Foods' market cap crossed Rs 50,000 crore today

Mahindra Holidays soars 9%, hits all-time high on improved business outlook

The stock hit a record high of Rs 313.50, surpassing its previous high of Rs 312.67

Advanced Enzyme surges 12% as Nalanda India Equity Fund ups stake by 3%

Advanced Vital Enzymes Private Limited, the promoter of Advanced Enzyme Technologies, has offloaded 2.57 million equity shares at a price of Rs 270.04 per share

Indians optimistic on growth outlook amid high inflation: EY study

They are shifting to new brands in search for value, says multi-nation survey

Ambuja rallies 11% on Adani's Rs 20K-cr boost; brokerages mixed on outlook

Analysts remain positive on Ambuja Cement's long-term market share gains, but caution against any possible dent in the company's profitability due to excess supply in the market

Sensex rises 300 pts, Nifty tops 17,600 despite global weakness; PSBs lead

CLOSING BELL: Gainers outnumbered the losers on the frontline indices today, led by M&M, Bajaj Finance, SBI Life, Adani Ports, HUL, Bajaj Finserv, Nestle India, Eicher Motors, HDFC, ITC, and Infosys

Triveni Engineering, Hercules Hoists soar up to 20% on heavy volumes

Triveni Engineering surged 14 per cent to Rs 279 on the back of over five-fold jump in trading volumes

Indo-National soars 20% as arm wins Rs 113 cr order for Vande Bharat trains

The order is for supply and installation of modular interiors for Vande Bharat semi-high speed trains (originally called Train 18)

McLeod Russel zooms 42% in 2 days after Carbon Resources buys 5% stake

On September 16, 2022, Carbon Resources (P) Ltd bought 4.95 million equity shares, representing 4.73 per cent, of total equity of MRIL

Bharat Dynamics rallies 6%, hits new high on strong growth outlook

The company expects an order book Rs 25,000 crore in the next 2 years