Page 550 - Markets

VST Tillers surges 9% on inking distributorship agreement with ETGL Africa

In last 16 trading days, the stock of VST Tillers has soared 52 per cent after the company reported strong set of numbers for the quarter ended June 2021

Stocks to watch: Nuvoco Vistas, BPCL, Yes Bank, Dish TV, VST Tillers, Infy

Mining major NMDC has slashed prices of lump ore and fines by Rs 1,000 per tonne

2 stock picks by Osho Krishan of Anand Rathi: Buy LIC Housing, Adani Ports

LIC Housing Finance seems to be trading near its multi-year strong demand zone, and charts also indicate formation of likely bottom around Rs 350-360 zone

IRCTC's stock rally has more steam left; buy on every dip, suggest analysts

IRCTC provides booking services for trains, buses, flights, hotels, and will soon start booking for cruises from Mumbai to places like Goa, Diu, Lakshadweep, and Kochi

European stocks have record in sight on hopes stimulus will stay

The Stoxx 600 Index was up 0.6% by 12:37 p.m. London time

RIL, IT stocks drive Sensex to fresh closing high, up 167 pts; VIX jumps 4%

The domestic benchmark indices extended their gains to the third day in a row on Monday

Shares of this textile company soar 44% in 2 days as Kacholia buys stake

On Friday, September 3, 2021, Ashish Rameshchandra Kacholia purchased 675,688 equity shares, representing 2.78 per cent stake of Faze Three at price of Rs 205.20 per share via bulk deal on the BSE

Alphageo (India) freezes at 20% upper circuit on strong growth outlook

The company said it has an order pipeline in excess of Rs 360 crore and hopes to secure some projects towards the close of the financial year, which will further bolster order book

Gokaldas Exports extends gains on commencement of operation at new unit

The company said it has a strong order book and is in the process of augmenting its capacity over the near term, to meet demand and clear Q1FY22 production backlog

IRCTC now among 100 most valuable firms on BSE; zooms 97% from April low

With Rs 48,213 crore market capitalisation (market cap), IRCTC stood at 95th position in the overall market cap ranking on the BSE, the exchange data shows

Nuvoco Vistas hits new high, trades above issue price for first time

The stock was trading above its issue price of Rs 570 for the first time since listing

Stocks to watch: RIL, ICICI Lombard, PNB, DRL, Barbeque Nation, NTPC, HFCL

JSPL expects to conclude the deal to sell its 96.42 per cent stake in its arm Jindal Power for Rs 7,401 crore to a promoters-owned firm Worldone by this year end

Two technical stock picks by Vaishali Parekh of Prabhudas Lilladher

Kaveri Seeds chart indicates a trend reversal, while Piramal Enterprise is in a rising channel pattern

Sensex ends above 58K for the first time; Nifty climbs 17,300; RIL zooms 4%

The BSE MidCap index closed 0.35 per cent higher after hitting a new peak of 24,454 in the intra-day deals

Indiabulls Housing Finance to launch Rs 1,000-cr public issue of bonds

The issue is to be launched next week

Zomato hits new high of Rs 150, zooms 98% over issue price of Rs 76

A sharp rally in stock price helped Zomato surpass personal products companies like Godrej Consumer Products and Dabur India in overall market capitalisation ranking

Sebi tweaks investor grievance redressal mechanism framework

Capital markets regulator Sebi on Friday tweaked the framework on investor grievance redressal mechanism after receiving representation from stock exchanges. The regulator has modified framework pertaining to speeding up grievance redressal mechanism and threshold limit for interim relief paid out of investor protection fund (IPF) of the stock exchange among others. With regard to place of arbitration or appellate arbitration in case award amount is more than Rs 50 lakh, Sebi said the next level of proceedings may take place at the nearest metro city, if desired by any of the party involved. The additional statutory cost for arbitration, if any, will be borne by party desirous of shifting the place of arbitration, the Securities and Exchange Board of India (Sebi) said in a circular. In all cases except the additional fees charged from the trading members, if the claim is filed beyond the prescribed timeline (only for member) on issue of the arbitral award then the stock exchange wi

Japanese shares gain on Suga's resignation as markets look to US jobs data

Japan's TOPIX stock index rose to a 30-year high and was last up 1.50%

S H Kelkar surges 13% on order win from global MNC player

SHK is the only Company of Indian origin to file patents in the field of Fragrance and Novel Aroma Molecules

Stocks to watch: HDFC Life, MT Educare, J&K Bank, Goodluck India, RIL

Education service provider, MT Educare has defaulted on repayment of interest and principal amount to its lenders, the company said in a communication to exchanges on September 2