Page 61 - Stock Market

Asia shares stumble on China headwinds; gold and bitcoin buoyant

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.22 per cent in early trade, tracking a decline in Chinese assets

73,600x surge in 2 days: Elcid Investments now India's 'priciest' stock

Shares of Elcid were frozen at Rs 3.21 apiece for the past year, with barely any buyers or sellers in the counter

Daiwa's profit surges over 80% as investors flock to stock markets

Net income jumped more than 80 per cent from a year earlier during the three months ended Sept. 30 to ¥53.8 billion ($352 million)

Markets snap five-day losing streak as geopolitical tensions ease

ICICI Bank propels Sensex to best session in a month

5 reasons why the Indian stock market surged today, what should you do?

Both the BSE Sensex and NSE Nifty 50 jumped over 1 per cent during intraday trade on October 28, before ending the week’s first trading session in positive territory, mirroring gains in Asian markets.

Mcap of 9 of top-10 most valued firms drops Rs 2 trn as markets tumble

Nine of the top-10 most valued firms together lost a whopping Rs 2,09,952.26 crore from market valuation last week, in line with weak trends in equities, with Hindustan Unilever and Reliance Industries Limited taking the biggest hit. Last week, the BSE benchmark tanked 1,822.46 points or 2.24 per cent. "The dismal Q2 earnings so far have aggravated the investors' woes while persistent FII selling continued to create havoc in the market," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. From the top-10 pack, HDFC Bank emerged as the only winner. The market valuation of Hindustan Unilever eroded by Rs 44,195.81 crore to Rs 5,93,870.94 crore. Reliance Industries' valuation tumbled Rs 41,994.54 crore to Rs 17,96,726.60 crore. State Bank of India's market valuation plummeted by Rs 35,117.72 crore to Rs 6,96,655.84 crore, and that of Bharti Airtel tanked by Rs 24,108.72 crore to Rs 9,47,598.89 crore. The market capitalisation (mcap) of Tata Consultancy Services (TCS) dr

FII activities, global trends drivers for mkt movement this week: Analysts

Equity investors will track the trading activity of foreign investors, global trends and ongoing earnings results for further cues, and benchmark indices may continue to witness consolidation in a holiday-shortened week amid the monthly derivatives expiry, analysts said. Markets fell sharply last week amid massive foreign capital outflows and dismal Q2 earnings so far. Weakness in the markets might continue in the near term amid cautiousness among investors ahead of the US presidential election early next month, an expert said. Equity markets will remain closed on Friday for Diwali, but a special trading window will be open for one hour in the evening. Leading stock exchanges BSE and NSE will conduct a one-hour special 'Muhurat Trading' session on the occasion of Diwali on November 1, marking the start of the new Samvat 2081. Vinod Nair, Head of Research, Geojit Financial Services, said, "We expect the consolidation to continue in the short term. A reversal in trend will depend on

FPI outflows in October less intense than March 2020, shows data

FPI outflows of Rs 58,632 crore in March 2020 were over 2 per cent of their AUC and 0.4 per cent of the India's mcap back then

How to invest in volatile markets? It's simple Avoid these mistakes

Whether you’re a seasoned investor or new to the stock market, by now, you would know why markets are falling - Global economic uncertainty, rising US Treasury yields, rupee depreciation,

Market Crash Highlight: Benchmarks fall for 4th week; Sensex down 663 pts today, Nifty below 24,200

Share Market Crash Highlights, Oct 25: The benchmark indices were down for 4th straight week, their longest weekly losing streak since August 2023. The indices have shed over 7 per cent in this period

Market Close Highlights, Oct 24: Sensex ends flat, Nifty below 24,400; Banks lead, FMCG drags

Stock Market Highlights: 26 out of 50 constituent stocks of Nifty50 ended in the green, led by Ultratech Cement, Shriram Finance, Grasim, Titan, and Mahindra & Mahindra

Asia shares fall on US poll anxiety; Tesla earnings provide some relief

Shares of Tesla jumped 12 per cent in after-hours trading after EV maker reported robust third quarter profits and surprised analysts with a prediction for a 20-30 per cent growth in sales next year

Investors subscribe Waaree Energies' IPO 76.34 times offer size on last day

The initial public offer of solar panel maker Waaree Energies Ltd garnered 76.34 times subscription on the last day of share sale on Wednesday, helped by strong participation from institutional buyers. The Rs 4,321.44 crore initial share sale received bids for 1,60,91,61,741 shares against 2,10,79,384 shares on offer, as per NSE data. The quota for Qualified Institutional Buyers (QIBs) got a whopping 208.63 times subscription. The non-institutional investors part attracted 62.48 times subscription and Retail Individual Investors (RIIs) portion got subscribed 10.79 times. The initial share sale received one of the highest ever number of applications at Rs 97.34 lakh. The public offer attracted subscription of over Rs 2.41 lakh crore. Waaree Energies on Friday said it has mobilised Rs 1,277 crore from anchor investors. The issue has a price band of Rs 1,427 to Rs 1,503 per share. The IPO is a combination of a fresh issue of equity shares aggregating to Rs 3,600 crore and an Offer F

Market Close Highlights, Oct 23: Sensex sheds 139 pts, Nifty settles below 24,450; IT shares shine

Stock Market Today: Markets in India were likely headed for a flat-to-negative start indicated GIFT Nifty futures that were trading marginally behind Nifty futures' last close

Investors subscribe Waaree Energies' IPO 8.78 times offer size on day 2

The initial public offer of solar panel maker Waaree Energies Ltd received 8.78 times subscription on the day two of share sale on Tuesday. The Rs 4,321.44 crore initial share sale received bids for 18,51,56,208 shares against 2,10,79,384 shares on offer, as per NSE data. The portion for non-institutional investors fetched 24.30 times subscription, while the category for Retail Individual Investors (RIIs) got subscribed 6.36 times. Qualified Institutional Buyers (QIBs) received 1.73 times subscription. Waaree Energies on Friday said it has mobilised Rs 1,277 crore from anchor investors. The issue, with a price band of Rs 1,427 to Rs 1,503 per share, will conclude on October 23. The IPO is a combination of a fresh issue of equity shares aggregating to Rs 3,600 crore and an Offer-For-Sale (OFS) of 48 lakh equity shares worth Rs 721.44 crore, at the upper end of the price band, by a promoter and existing shareholders. This translates into a total size of Rs 4,321.44 crore. Under the

Market Close Highlights, Oct 22: Sensex crashes 930 pts, Nifty ends below 24,500; all sectors in red

Stock Market Today: Benchmark India equity indices were likely headed for a flat start with a slightly positive bias as indicated by GIFT Nifty futures at 7:10 AM

Market Close Highlights, Oct 21: Sensex, Nifty end in red after choppy session; HDFC Bank gains 2.6%

Stock Market Close Highlights, Oct 21: The BSE Sensex fell 73 points to end at 81,151; the Nifty50 shut shop below 24,800; the BSE MidCap and SmallCap indices fell up to 1.6 per cent

Market Highlights: Sensex snaps 3-day losing run, gains 218 pts; Axis Bank up 5%, Infosys down 4%

Stock Market Today: Indian stock markets were likely headed for a lower start on Friday, as indicated by GIFT Nifty futures, amid continued heavy selling by FIIs

India vs China: How leading brokerages are positioned across Asian equities

India stock market, China news: Indian equity markets, analysts said, are expensive relative to China, which offers a better risk-reward ratio and return potential in the short-to-medium term

BEML climbs 8% on Rs 866-cr deal to build two high-speed train sets

Under the project, BEML will design, manufacture and commission two high-speed train sets with a test speed of 280 kmph