Page 448 - Markets

Adani Ports gains 3%, hits new high on improved business outlook

In Q1FY23, the company reported a record EBITDA of Rs 3,005 crore, up 11 per cent YoY on the back of revenue growth for the ports and logistics business

Nifty Next 50 reshuffle brings dozen stocks into sharp focus, including AEL

For the uninitiated, the Nifty Next 50 is the second-most important index after the Nifty50 as quite a number of ETFs track these two indices

Gold ETFs see outflows for second month as equity markets extend gains

In August, gold ETFs logged outflows of Rs 38 crore, extending their two-month outflows to nearly Rs 500 crore

Online brokers alone can't serve new retail investors: Religare Broking CEO

We have launched an aggressive discount broking plan, Religare One Pro Plan, to counter the discount broker model and attract Gen Z and millennial clients, says Nitin Aggarwal

Stock mkt still in a bear phase; see bumpy road to recovery: Goldman Sachs

One of the three key reasons why a genuine bear market trough has not yet been reached, according to them, includes their belief that inflation and interest rates still have more room to rise

Sensex ends choppy day 105 points higher; IT stocks lead; Financials weigh

CLOSING BELL: Among individual stocks, Tech M, IndusInd Bank, Infosys, HCL Tech, Maruti Suzuki, SBI, and TCS were the top large-cap winners

Hatsun Agro rallies 13% in four days as Sundaram, SBI MF pick up 1.3% stake

As per shareholding data on the BSE, SBI Mutual Fund and promoter Chandramogan held 4.9 per cent and 56 per cent stakes in the company, respectively, as at the end of the April-June quarter

Credit Suisse retains 'outperform' on IndusInd Bk on robust growth outlook

IndusInd Bank emerged as the top Sensex gainer in Friday's early deals, with the shares surging 3.5 per cent to Rs 1,147 per share on the BSE

Reliance Power to issue shares to VFSI Holdings at Rs 15.5; stock sinks 10%

Reliance Power said the private placement of shares will happen at Rs 15.55 apiece, which is 27 per cent lower than the company's Thursday's closing price of Rs 21.3 per share

Russia's exclusion may pave way for India into global bond index

Getting high-yielding Indian sovereign bonds into global indexes would make it easier for overseas investors to put their money into Asia's third-biggest economy with its $1 trillion debt market

TMS Ep256: Central Vista, Ravi Narain, markets, Antrix-Devas deal

How does Central Vista change the corridors of power? Is Ravi Narain another fallen market hero? What should investors do as India shines amid global gloom? What is the Antrix-Devas deal? Answers here

Banks, FMCG: Time to bet on domestic economy-related sectors, say experts

Banks, Auto, FMCG, Hospitals, Domestic Industrials, and Discretionary may continue to outperform the 'Export + Cyclical'-oriented themes

ICICI, Axis, HDFC Bank lift Sensex 659 pts, Nifty near 17,800; metals dip

CLOSING BELL: Shree Cement, BPCL, Tech M, Axis Bank, M&M, ICICI Bank, Ultratech Cement, Bharti Airtel, Bajaj Finserv, and SBI gained in the range of 2 per cent to 5 per cent

M&M gains 3% to touch new high; overtakes Tata Motors' market cap

In past three months, the market price of M&M has appreciated by 27 per cent, while Tata Motors recorded 2 per cent gain in its stock price.

MNC stocks in focus: Charts show up to 17% upside in ABB, HUL, SKF India

ABB India, Hindustan Unilever, and SKF India have excelled well in recent months with ABB and SKF India gradually ralling to all-time highs

Sensex slips 168 pts, Nifty below 17,650; Ultratech up 4.5%, TaMo down 2.5%

The resilience of the broader markets, however, continued on the bourses with the BSE MidCap and SmallCap indices advanced 0.5 per cent and 0.75 per cent, respectively

Garden Reach Shipbuilders soars 13%, hits new high on strong outlook

A strong order book for construction of 16 warships concurrently for Indian Armed Forces at this juncture holds exciting times ahead for the GRSE, the company said

This Tata Group stock has zoomed 109% against its rights issue price

Meanwhile, the stock has surged 55 per cent against its qualified institutional placement (QIP) price of Rs 202 per share

Vodafone Idea zooms 9% on heavy volumes, hits highest level since May

A combined 206 million equity shares of the company changed hands within an hour of trading, as against an average of sub 200 million shares that traded in the past two weeks

Reliance Industries to acquire 79.4% stake in US-based SenseHawk for $32 mn

California-based SenseHawk, which was founded in 2018, is an early-stage developer of software-based management tools for the solar energy generation industry