Page 473 - Markets

Sisodia visits Kamla Nagar market, promises world-class public amenities

Delhi Deputy Chief Minister Manish Sisodia inspected Kamla Nagar market in north Delhi on Wednesday to take stock of issues being faced by traders and said the place will be beautified and world-class public amenities would be developed there, an official statement said. He also exuded confidence that the market will soon be known as the "pride of Delhi". Kamla Nagar market is among the five key markets picked by the city government for redevelopment under its "Rozgar Budget", which aims to generate 20 lakh job opportunities in five years. Officials privy to the development said that in coming days, Sisodia will also visit the other four markets that have been chosen for redevelopment. The four other markets chosen by the Delhi government for redevelopment are Khari Baoli, Lajpat Nagar, Sarojini Nagar and Kirti Nagar. "Combining our team's research & insights from today's visit, we've built an innovative plan for Kamla Nagar market's redevelopment. Through pedestrianisation, ...

Stock of this electric utilities company has zoomed over 1,100% in one year

The stock of KPR Green has zoomed 50% in six days after the company received commissioning certificate from Gujarat Energy Development Agency for capacity of 5.20 MWdc solar power project

Apar Industries hits new high; zooms 53% in 3 weeks on strong Q4 results

The stock hit a record high of Rs 935, surging 8 per cent on the BSE in Wednesday's intra-day trade

Sisodia to begin inspection of markets picked by govt for redevelopment

Delhi Deputy CM Manish Sisodia will begin the inspection of five markets picked by the city govt for redevelopment under its Rozgar Budget, which aims to generate 200K job opportunities in 5 years

Varun Beverages rallies 5%, hits record high on strong earnings hope

VBL is expected to benefit from a strong recovery going forward, led by growing out-of-home consumption, with the opening up of offices and traveling, uptick in volumes in new territories

Will 75 bps US Fed rate hike trigger another market selloff?

Soaring inflation and recession fears pose a dilemma before the US Fed on the quantum of rate hikes without derailing growth. Find out if investors would be able to withstand the likely market rout

Bajaj Auto defers share buyback proposal; stock dips 5%

Bajaj Auto said that the board has decided that further deliberations are required in order to take a decision on the proposal of buyback

OMCs under pressure; HPCL, BPCL hit 52-week lows, IOCL slips 3%

OMCs are likely to remain under pressure with the industry integrated gross margins trending towards zero despite the Russian discounted crude cushion, said analysts.

These two stocks have zoomed over 100% in last three weeks

Shares of Kohinoor Foods were locked in the upper circuit for the 47th day on Tuesday, having zoomed 813% during the period.

Asian Paints down 3%, hits 52-week low on margin, demand concerns

The geopolitical situation is threatening to further worsen inflation across key commodities

TMS Ep193: IPL media rights, Bankruptcy Code, markets, weather and economy

Why is the race for IPL media rights still intense? Where does IBC stand after RBI's 'dirty dozen'? Where will indices seek support after Manic Monday? How weather impacts the economy? Answers here

Where will Sensex, Nifty seek support after Manic Monday?

Key benchmark indices cracked around 3% on Monday. The Indian Rupee recorded a new all-time low. Find out what lies ahead for the markets, and what are the key support levels to watch out for

LIC slips 5.8% as anchor investor lock-in ends; down 29% from issue price

LIC's stock traded at its lowest level since market debut on May 17, 2022

GR Infra plunges 10% on report of CBI conducting raids at company's offices

A team of Central Bureau of Investigation conducted a The raids were conducted in connection with alleged irregularities in a national road highway project in Assam, as per the reports.

Nifty IT index crashes over 4%; TCS, Infosys, LTI, LTTS plunge up to 6%

Global growth is expected to moderate from 6.1% in 2021 to 3.6% in 2022, driven by withdrawal of monetary accommodation in major economies, continued supply side shortages and economic damage from war

LIC shares face renewed selling pressure as anchor lock-in ends; fall 4.5%

Analysts said this week is likely to be a litmus test for LIC on whether the stock finds buying support from institutional investors like mutual funds at these lower valuations

Marathon Nextgen hits 4-year high in a weak market; zooms 63% in one month

In the past six months, the stock price of Marathon Nextgen has rallied 85 per cent as against 9 per cent decline in the S&P BSE Sensex index

Bajaj Finance, Tata Steel, UltraTech Cement, Shree Cement hit 52-week lows

A total of 46 stocks from the Nifty500 index also hit their respective 52-week lows on the NSE today including Astral, Birla Corporation, CSB Bank, LIC Housing Finance, SpiceJet.

RBL Bank tumbles 18% on heavy volumes; stock hits record low

The Reserve Bank of India has approved R Subramaniakumar's appointment as the managing director & chief executive officer of the private sector lender.

TMS Ep192: US recession, influencer marketing, markets, global min corp tax

Does a US recession threaten the Indian IT industry? Is there a dark side of influencer marketing? What global events will markets track this week? What is global minimum corporate tax? Answers here