Page 447 - Markets

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

BSE Mid-cap indices snap 12-week winning streak since August 2020

In the aftermath of the pandemic, the BSE MidCap Index had risen for 14 consecutive weeks, clocking 29% gain

Meet Karan Adani, eldest son of Gautam Adani set takeover as chair of ACC

Karan, who holds a degree in Economics from Purdue University, started his corporate career at Mundra port -- the first mega project undertaken by the Adani group

Mcap of 6 of top-10 most valued firms tumble Rs 2 trn; IT firms drag

Six of the top-10 most valued firms suffered a combined erosion of Rs 2,00,280.75 crore from market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid weak trend in equities. Last week, the Sensex fell 952.35 points or 1.59 per cent. While Reliance Industries, TCS, HDFC Bank, Hindustan Unilever, Infosys and HDFC suffered erosion from their valuation, ICICI Bank, State Bank of India, Adani Transmission and Bajaj Finance were the gainers. The market valuation of TCS tanked Rs 76,346.11 crore to Rs 11,00,880.49 crore. Infosys lost Rs 55,831.53 crore from its valuation which remained at Rs 5,80,312.32 crore. The market capitalisation (mcap) of Reliance Industries declined by Rs 46,852.27 crore to Rs 16,90,865.41 crore and that of Hindustan Unilever fell by Rs 14,015.31 crore to Rs 5,94,058.91 crore. HDFC's valuation dipped Rs 4,620.81 crore to Rs 4,36,880.78 crore and that of HDFC Bank went lower by Rs 2,614.72 crore to Rs ...

Mankind Pharma files for IPO, could be second largest among pharma firms

The offer for sale is expected to be anywhere between Rs 5000-5500 crore, say sources

LIC stk hovers around June lows but analysts remain bullish, see 37% upside

he stock of India's biggest life insurer closed at Rs 655 apiece on the BSE on Friday, marginally above its record low of Rs 650, hit on June 20, 2022

Recession fears hit equities; Sensex sinks 1,093 pts, Nifty gives up 17,550

CLOSING BELL: PSU banks, auto, IT, metal, and realty stocks plunged the most on the bourses. Their respective indices on the National Stock Exchange declined between 2 and 4 per cent

Three reasons why Sensex has crashed over 1,700 points in last 3 sessions

Analysts say that the domestic market has started showing some indications of fatigue. Globally, the major concern now is that the Fed might oversteer the economy

Voltas slips 8%, hits lowest level since January 2021 on demand concerns

The management expects demand in Q2FY23 to be subdued for cooling products due to low seasonal demand

Stock of this real estate company has more-than-doubled in 17 trading days

Shares of DB Realty were locked in the 5-per cent upper circuit band for a fifth straight day, at Rs 109.50 on the BSE, on Friday

Ambuja Cements, Eicher Motors join Rs 1-trillion m-cap club

Ambuja Cements stood at 100th position in the overall m-cap ranking with Rs 1.05-trillion market cap. Eicher Motors' market cap, meanwhile, touched Rs 1.01 trillion in the intra-day day

Sensex down 413pts, Nifty holds 17,850; Ceat soars 20%, MRF 7%; IT stks dip

CLOSING BELL: IT, pharma, and select metal stocks reeled under pressure today with Hindalco, Infosys, Cipla, Tech M, Tata Steel, Divis Labs, and Apollo Hospitals leading the list of Nifty losers

Tamilnad Mercantile Bank makes a muted debut; lists at par with issue price

The stock listed at Rs 510 on the BSE, while it listed with a 6 per cent discount on the NSE

SBI joins Rs 5-trillion market cap club; stock surges 26% in three months

At 09:42 AM, with a market cap of Rs 5.03 trillion, SBI stood at seventh place in the overall market cap ranking of companies, BSE data shows

Global fund managers 'super bearish'; cash allocation at 20-year high: BofA

Global growth expectations, the survey findings suggest, were near all-time lows with a net 72 per cent respondents expecting a weaker economy in 2023

Sensex gyrates 1,232 pts, ends 224 pts down; Nifty holds 18,000; banks jump

CLOSING BELL: Financials, largely banks, along with metals gave muscle to the bounce back with the Nifty Metal and the Nifty Bank indices rising over 1 per cent each

Chart check: Global markets crack but Sensex, Nifty may still hit new peaks

The underlying trend for the benchmark indices continues to be bullish given that the Sensex and the Nifty50 indices honor 59,000 and 17,700 levels, respectively

Ambuja Cements up 3%, hits new high in a weak market on fund raising plan

The board of directors of Ambuja Cements is scheduled to meet on September 16, 2022 to consider and evaluate proposal for raising of funds

Stocks to Watch: Infosys, Bharat Forge, JSW Steel, IRCTC, Ambuja Cements

Stocks to Watch: JSW Steel has signed a memorandum of understanding (MoU) with SMS group, a German engineering and technology company, for exploring decarbonisation projects

Should you subscribe to Harsha Engineers IPO? Here's what analysts say

Harsha Engineers IPO: Its exports make up nearly two-thirds of its revenue, and it supplies its products to customers in over 25 countries across North America, Europe, Asia, South America, and Africa