Page 106 - Stock Market

IndusInd Bank: Adopt a bear spread strategy for the August expiry

Short build up seen in Indusind bank Futures on Thursday, with a 2 per cent addition in Open Interest (Prov) and price falling 1.21 per cent: HDFC Securities

ADTV for equities cash market segment hits a 21-month high in July

F&O volumes log new highs, increase by 2.8 times over a year earlier

Sun Pharma Q1 profit may be weighed by weak US generic sales and Taro nos

Sun Pharma Q1 results: The company's Q1 net profit could dip fractionally by 0.15 per cent to Rs 2,058 crore against Rs 2,061 crore reported a year ago

Sanghi Ind freezes at 5% upper circuit as Ambuja eyes buying majority stake

The acquisition would further strengthen the presence of Ambuja-ACC in the Western market (whose current share is 20 per cent), according to ICICI Securities

Singapore's Indian origin investment guru Narayana Iyer Narayanan dies

Singapore's investment guru Narayana Iyer Narayanan, who represented the interests of minority stakeholders in major corporations, has passed away. He was 95. Narayanan, who had deep knowledge of the stock and share market dating back to the 1960s, died after suffering a heart attack on June 23, reported The Straits Times. Even at 95, dad was still very keen on financial news. He would check the Dow Jones index, the stock price of Sats, the British pound and Malaysian ringgit daily, the broadsheet quoted his daughter Rema as saying. Her sister Radhika added, He was a champion of small shareholders. He believed they have the right to understand what is happening in companies they invested in. Armed with a degree in mathematics, Narayanan started his career as a stockbroker in the 1950s. In 1968, he became the first Indian director of a stockbroker, Ong & Co. Later, he joined Alliance Securities as a director. He retired in 1999 at the age of 72. The active retail investor was ofte

After missing 1st shot at listing, firms re-file DRHPs with lower size

Investment bankers said smaller issues are a relatively easy pitch for investors

Stock market settlement cycles: India's shift from T+2 to T+1 explained

As the stock market shift from T+2 to T+1 settlement cycle, find out what settlement cycles are and what this means for India's stock market

Nifty Financial Services may see correction; PSB index eyes profit booking

Within the range of 19700 to 19425, investors are advised to accumulate the Nifty Financial Services index and its constituents, says Ravi Nathani

BSE SmallCap index hits fresh high; eyes 35,000 after surging 28% in FY24

Around 40 stocks on the BSE SmallCap index scaled new record highs, including The Anup Engineering, Bector Food, Cholamandalam Fin, CMS Info, CreditAccess Grameen, RPG Life, Escorts, Inox Green

Top headlines: Walmart buys more stake in Flipkart, no-confidence motion

Business Standard brings you the top headlines at this hour

NTPC hits over a decade high; reclaims Rs 2-trillion m-cap after Jan 2008

In the past two weeks, the stock of the state-owned power generation company has rallied 12 per cent

Stocks to Watch: Bharti Airtel, Adani Ent, Cipla, RailTel, Indian Hotels

Stocks to Watch on July 28, 2023: Despite a 10 per cent increase in revenue, telecom provider Airtel Africa announced a net loss of $151 million in the first quarter (April-June) of FY24 on Thursday

IPO of Yatharth Hospital subscribed 1.1 times on first day of issue

For the year ended March 2023, the company had reported net profit of Rs 66 crore on revenues of Rs 520 crore

Piramal Enterprises surges 9% on plan to consider share buyback on July 28

Axis Capital estimates the company could go for a buyback of 8 per cent of the existing equity base. The action is positive for the stock and supportive of valuations, it said

Stocks to Watch: Tata Motors, L&T, CEAT, Tata Motors DVR, SBI Life, BPCL

Stocks to watch on July 26, 2023: Tata Motors announced the cancellation of its DVR shares. Under the scheme, 7 ordinary shares of the company will be issued for every 10 DVR shares

Incorrect details of brokerage collateral invites scrutiny from NSE

Includes uploading of multiple files with same data, undisclosed granular numbers, and not reporting client data

Shoppers Stop shares drop 5% as profit tumbles 34% on investments

Total expenses rose 5.8% for Shoppers Stop, which sells products ranging from Vero Moda apparel to Michael Kors watches at its stores

Cipla Q1 preview: India biz may push profit over 50% QoQ; US sales to drag

Cipla Q1 preview: The company's domestic business can grow 15 per cent quarter-on-quarter (QoQ), while US business could contract by up to 4 per cent QoQ to $195 million

SRF hits 52-week low, slips 4% intra-day as Q1 PAT falls 41% from year ago

The management said the significant drop in profit was mainly due to the expected downcycle of the packaging films business and is expected to continue for the medium-term

Top headlines: Demerger of ITC's hotels biz, share transactions, and more

Business Standard brings you the top headlines at this hour