Page 120 - Stock Market

GAIL India rallies 5% in weak market; hits 8-month high on heavy volumes

Gas transmission and trading volumes are likely to increase in FY24E with supplies coming from new sources, analysts say

PineBridge looks past Adani Group saga to load up on stocks in India

The stock meltdown offered an entry point into what's historically an expensive market, according to Kelly, who also sits on PineBridge's management committee

Stocks to watch: Axis Bank, Zee Ent, SpiceJet, RIL, Bharat Forge, Alkem Lab

Stocks to watch: Zee Entertainment has been barred from the futures and options (F&O) segment of the NSE; Olectra Greentech has developed a hydrogen bus in technical partnership with Reliance Ind

Zee Entertainment tanks 14% as NCLT admits company to insolvency resolution

The NCLT decision to begin bankruptcy proceedings has overshadowed Zee Entertainment's merger with Culver Max Entertainment (Sony)

M-cap ranking: India worst-performing in 2023, United Kingdom now sixth

India's contribution to the world market cap too has slipped below 3 per cent after having topped 4 per cent in October 2022

Chaman Lal, KRBL: Firm demand to keep rice shares steaming, say analysts

Analysts expect global and domestic rice demand to remain firm, which they believe, would keep the stock prices piping hot going ahead

UK overtakes India as world's 6th-biggest stock market with $3.11 trn mcap

The UK's equity market capitalization remains behind France after losing its place as Europe's biggest stock market last year.

Triveni Turbine rises 2% to hit new high in weak market on strong outlook

During Q3FY23, Triveni Turbine's order booking reached a new high of Rs 420 crore, leading to a total order booking of Rs 1,139 crore during 9MFY23, up 26.5 per cent YoY

Stocks to Watch: M&M, Reliance, Sapphire Foods, CE Info, BEL, Hind Zinc

Stocks to Watch: M&M has entered into an asset transfer agreement for certain identified assets related to four-wheeler passenger electric vehicles with Mahindra Electric Automobile

This beaten down pharma stock has zoomed over 50% in last 11 trading days

Shares of Dishman Carbogen Amcis zoomed 14 per cent to Rs 124 on the BSE in Tuesday's intra-day trade on the back of heavy volumes

Power stocks surge as govt orders coal-based plants to run at full capacity

The government has invoked emergency powers under Section 11 of the Electricity Act to impose the rule as it expects record surge in power demand this summer

Despite a poor start, we like Indian market: Julius Baer's Mark Matthews

"The Hindenburg-Adani Group affair will eventually become yesterday's news, and the market will focus on the fact that India does have strong earnings growth this year"

Are the markets ignoring the possibility of higher inflation?

Globally, too, sticky inflation seems to be a cause for concern. Last week, two Federal Reserve (US Fed) officials suggested that the US central bank may need to keep interest rates elevated ahead

Stock bearing the brunt of Adani Group rout is at risk of more losses

Adani Total was down by its limit in early trading on Monday. It has done so each day since Jan. 27.

Signs that Adani shock for India's $3.1 trn stock market is ebbing fast

Fund managers see India's main equity indexes both ending the year higher than current levels, according to a Bloomberg News survey, as strong domestic demand boosts corporate earnings

Global trends, foreign funds movement to guide equities this week

With the third quarter earnings calendar coming to an end and no major domestic trigger in sight, equity investors will focus on global trends and foreign fund movement this week, analysts said. Markets may face volatile trends amid derivatives expiry during the week, they added. "Global cues and F&O expiry may cause volatility this week. Although FIIs have shown some interest in purchasing over the past few days, there were a few block purchases last week, so their flow will be crucial," said Santosh Meena, Head of Research, Swastika Investmart Ltd. FPIs turned net buyers last week with an investment of over Rs 7,600 crore against net outflows of Rs 3,920 crore in the preceding week (From February 7-12). Brent crude oil movement and the trend in the rupee would also be in focus this week. "With all major events behind us, the performance of the global markets, especially the US, will be in focus for cues. Besides, crude and rupee movement will continue to offer indications in ...

Increase in trade volume 'market driven', says Adani Transmission

It was responding to a BSE query seeking clarification with reference to movement in volume of its shares. ATL said the increase in trading volume/price of the shares is purely market driven

China eases overseas listing rules, paving way for IPO rebound

The CSRC reiterated that Chinese companies seeking to sell shares abroad would have to register with the regulator after a transition period

New tax norm to hurt insurers; stocks attractive for the long run: Analysts

Analysts expect stocks to remain under pressure in the near-term as the government's new tax regime push, with no tax saving deductions, could hurt demand for insurance products

InterGlobe Aviation slips 5% after 4% equity changes hands via block deal

Rakesh Gangwal was set to pare his stake in IndiGo by a further 4 per cent via block deals on Thursday. The block deal was said to be for 1.56 crore shares worth Rs 2,930 crore