Page 18 - Stock Market Rally

MobiKwik turns profitable in FY24 with Rs 14.08 cr profit, revenue up 58.7%

The firm had posted its first-ever consolidated profit of Rs 3 crore during the first quarter of financial year 2024 (Q1 FY24)

Broking shares rally; Angel, IIFL, ICICI Securities, MOFSL surge up to 18%

The outlook for Indian capital market related businesses continues to remain positive over the medium to long term.

Hazoor Multi Projects share price up 5% on winning Rs 274 crore project bid

The share price of Hazoor Multi Projects rose after the company announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 273.74 crore from MSIDC.

Global rally, DII buying: Reasons why BSE Sensex jumped 1,300 pts on Aug 16

Hopes of US rate cut triggers global stock market rally: The BSE Sensex rallies past the 80,000 mark, and the NSE Nifty surges atop 24,400 led by strong gains in IT and private bank shares on Friday.

Suprajit Engg stock zooms 19% after board okays buyback at Rs 750 per share

The company's board announced a share buyback of up to 1.5 million shares at price of Rs 750 per share via tender offer.

Stock Market Highlights, Aug 14: Benchmarks end up; IT shines, Metals slip

Stock market Update on Wednesday, August 14: The US market gained as PPI-based inflation dipped more than expected raising bets of September rate cut.

Marksans Pharma stock zooms 16% to hit record high on strong Q1 results

The US & North America Formulation biz reported growth of 29.8% YoY in Q1FY25, on account of incremental revenue from new product launches, and increase in the share of existing customers.

Stock Market Highlights, Aug 13: Sensex sheds 693 pts, Nifty below 24,150; HDFC Bank, SBI, TaMo drag

Stock Market Highlights on August 13, 2024: Broader indices also settled lower, with small-cap shares being the worst hit as the Nifty Smallcap 100 index fell 1.30 per cent

Oil India stock surges 21% in one week as brokerages remain upbeat

Elara Capital maintained a 'Buy' rating on OIL with a target price of Rs 780 per share on higher FY26E EV/EBITDA assumption at 10.0x (from 7.0x), led by expectations of strong production growth.

Gujarat Pipavav stock hits new high, soars 9% in subdued market

Pipavav Port is in the forefront amongst all Indian ports in driving the government's initiative of increasing the market share of railways in freight handling.

Inox Wind, Inox Wind Energy zoom up to 36% in 2 days on strong earnings

Shares of INOXGFL Group companies Inox Wind Energy (IWEL) and Inox Wind were on a roll and rallied up to 36% in past two days after the companies reported strong earnings and healthy outlook.

Ola, SMS Life, IWEL, GMR Power, Suzlon and 356 others hit upper circuit

Genus Power Infrastructure, Shakti Pumps (India), Gallant Ispat, Suraj Estate Developers, Panacea Biotec, Suzlon and Elpro Intl among BSE Allcap index were frozen at the highest limit for the day.

'Hindenburg allegations won't stop prevailing bull run in Indian markets'

It's more of a stock specific market rather than sectors now, says Kranthi Bathini, Director-Equity of WealthMills Securities

Is the worst over for the stock markets? Here's what analysts think

Stock market outlook: The S&P BSE Sensex and the Nifty50 have been mostly resilient - as compared to their global peers - amid this uncertain phase

6 reasons why Sensex rose over 1000 pts intraday today, Nifty topped 24,300

Why are Sensex, Nifty up today: Shinichi Uchida, the deputy governor of Bank of Japan said on Wednesday that the central bank would not hike interest rates when markets are unstable

This garment stock has rallied 44% in 2 days; zoomed 114% from June low

Shares of S.P. Apparels hit a new high of Rs 1,133, as they surged 20% on the BSE in Wednesday's intra-day trade amid heavy volumes.

TVS Motor stock hits all-time high, jumps 5% on healthy June qtr earnings

With normal monsoon expected for this fiscal, TVS expects rural recovery to drive sustained momentum for the industry in the coming quarters.

Yen slides after BOJ official says no rate hikes if markets are volatile

The yen touched a seven-month high of 141.675 per dollar on Monday, well above the 38-year lows of 161.96 it was languishing in just at the start of July

Don't buy textile stocks on Bangladesh crisis, wait for dips: Analysts

Bangladesh crisis news, textile shares: This will provide a sentimental boost for related stocks, though the rally should not be chased on this trigger alone, analysts said

This smallcap stock has surged 100% from June low; zoomed 3694% in 4 years

Shares of Gravita India hit a new high of Rs 1,838.40, as they surged 14 per cent in Tuesday's intra-day trade backed by heavy volumes on the BSE.