Page 556 - Markets

Largecaps to outperform small & midcaps in short term: Vinay Rajani

Nifty is expected to surpass the intraday all-time high of 16,702

Banks, RIL help lift Sensex 403 pts; Bajaj duo gain up to 8%, Tata Steel 4%

The BSE MidCap and SmallCap indices settled 1.5 per cent and 1.7 per cent higher, respectively

Bandhan Bank trading at 11-month low, down 10% in a week

The stock was quoting lower for the fifth straight day, down 1.6 per cent at Rs 262.60 on the BSE in intra-day trade on Tuesday

L&T, IRB Infra: Can National Monetisation Pipeline boost infra stocks?

Shares of IRB Infrastructure Developers jumped over 5 per cent, GMR Infrastructure added 2 per cent and Larsen & Toubro Ltd (LT) recovered following five days of bear hammering

Chemplast Sanmar sees tepid debut, lists at 3% discount against issue price

The stock listed at Rs 525, a 3 per cent discount against its issue price of Rs 541 on the BSE

Kabra Extrusiontechnik rallies 16% as Battrixx gets single largest order

Battrixx said it has received its single largest order to supply 8000 battery packs for Joy E-Bike (electric two-wheelers) produced by WardWizard

Bajaj Finserv gets Sebi nod to set up mutual fund; stock hits new high

The company would be setting up an Asset Management Company and the Trustee Company to sponsor the MF

Aptus Value Housing Finance makes weak debut, lists 7% below issue price

The stock got listed at Rs 329.95, a 7 per cent discount to the issue price of Rs 353 on the BSE

Affle India surges 4% as Board to consider stock split plan

The company will hold a board meeting on August 26, 2021, to consider and approve split of equity shares of the company, subject to approval of the shareholders

Stocks to watch: Aptus Value, Chemplast, Maruti, Eicher Motors, Canara Bank

The Board of Eicher Motors decided to unanimously reappoint Siddhartha Lal as managing director (MD) with a revised remuneration package

Osho Krishan of Anand Rathi is bullish on these two insurance players

SBI LIFE has been consolidating in a narrow range near its lifetime high zone from the past few trading weeks, indicating the formation of a strong base before another round of rally

HCL Tech, Munich Re in pact to digitalise workplace services in 40 nations

Financial details of deal not disclosed; HCL will modernise and standardise workplace services for more than 16,000 Munich Re employees

Nitin Chugh's exit, provisioning concern to weigh on Ujjivan SFB: Analysts

Including Monday's intra-day fall of 9.6 per cent, the stock of Ujjivan Small Finance Bank has tumbled 31 per cent in six days

Sensex gains after 2-day hiatus, ends 226 pts up; broader indices decline

Sectorally, the Nifty IT index advanced 2 per cent while the Nifty Auto index tumbled 1.5 per cent

Nestle India hits new high of Rs 20,000; stock up 13% so far in August

On July 29, 2021 the board approved scheme of arrangement, which envisages the transfer of the entire balance of Rs 837.43 crore standing to the credit of the general reserve to the retained earnings

Capacite Infraprojects locked in 20% lower circuit on rating downgrade

India Ratings & Research has downgraded the company's long term issuer rating to 'IND D', from 'IND A'

Arvind Fashions soars 10% on raising Rs 439 crore from marquee investors

With this fundraise, the company completes the capital requirement needed for growth and navigating any uncertainties

Nuvoco Vistas off to a weak start, lists at 17% discount to issue price

The stock rebound from its opening level of Rs 471 and moved higher to Rs 538.60 on the BSE in intra-day trade

Aurobindo Pharma calls off agreement to pick stake in Cronus; stock up 6%

Aurobindo Pharma, on August 12, 2021, had entered into binding agreements with Cronus Pharma Specialities India Private Limited for acquisition of 51 per cent ownership

Stocks to watch: Nuvoco Vistas, Auro Pharma, Ujjivan SFB, Adani Group cos

Market regulator Sebi kept the proposed Rs 4,500-crore initial share-sale of edible oil major Adani Wilmar in "abeyance"