Page 65 - Stock Market

Indian block trades led by global firms reach record $15 billion this year

Among block trades, Vodafone Group Plc subsidiaries raised about $1.8 bn by selling shares in India's Indus Towers Ltd. in June, while British American Tobacco Plc. sold part of its stake in ITC Ltd

Market capitalisation of BSE Midcap firms a whisker away from $1 trn

On Friday, the cumulative mcap of midcap firms settled at $0.96 trillion

Conservative hybrid funds can be a better bet than fixed deposits

Asset allocation ensures investor gets small exposure to stocks in a predominantly bond portfolio

Modi govt's Budget to send India's soaring stocks higher, shows survey

The upcoming government budget will likely boost consumer spending and infrastructure building, which bode well for businesses, strategists and investors surveyed by Bloomberg said

Swan Energy's shares locked in upper circuit twice in two days; here's why

Shares of Swan Energy got locked in the 5 per cent upper circuit at Rs 727.20 per share on the NSE in Tuesday's early morning deals

Investors subscribe Ambey Laboratories IPO over 173.18 times offer size

The initial public offering (IPO) of Ambey Laboratories received more than 173.18 times subscription on the final day of the offer on Monday amid encouraging participation from institutional investors. The initial share sale received bids for 69,99,86,000 shares against 40,42,001 shares on offer, as per NSE SME data. The category for non-institutional investors received 324.22 times while the Retail Individual Investors (RIIs) quota was subscribed 195.06 times, and the portion meant for Qualified Institutional Buyers (QIBs) received 61.90 times subscription. The company had fixed a price band for the IPO at Rs 65-68 per share. The Rs 44.68 crore IPO is a combination of a fresh issue of 62.58 lakh shares aggregating to Rs 42.55 crore and an offer for sale of 3.12 lakh shares aggregating to Rs 2.12 crore. The net proceeds from the issue will be used by the company to meet the working capital requirements of the business, while the remaining capital will be used for general corporate

Stock Market Highlights, July 8: Indices end flat after listless day; PSBs fall, FMCGs buck trend

Stock Market Highlights on July 8: The broader indices, though, hit all-time highs in the intraday trade, ended with a negative bias as well

AU Small Finance Bank's shares slump 4% on muted growth in Q1 biz update

AU Small Finance Bank's stock dipped up to 4.25 per cent at Rs 250.55 per share on the BSE in Monday's intraday trade

Marico's stock surges over 6% on decent Q1 update, bullish outlook

Shares of FMCG major Marico soared up to 6.56 per cent at Rs 655.70 per share on the BSE in Monday's early morning trade

Downturn in sight for Nifty50, MidCap Select indices; here's how to trade

When examining the Nifty 50 Index, currently trading in the overbought zone, technical indicators such as MACD, RSI, and Stochastic suggest it is challenging to recommend initiating fresh long

Global trends, earnings from TCS, HCLTech to guide mkts this week: Analysts

Equity markets will take cues from global trends and trading activity of foreign investors, while in the latter part of the week the first quarter earnings from IT majors TCS and HCL Technologies would guide investor sentiments, analysts said. Markets may consolidate after the record rally last week, experts added. "On the domestic front, the Q1 earnings season begins this week. Key companies such as TCS and HCL Technologies will release their earnings on July 11 and 12, 2024, respectively. Additionally, India's Union budget in July is a key event, with hopes pinned on growth-oriented policies and development of monsoon season, which will also be significant points of interest for investors and traders," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd. The US Federal Reserve Chair Jerome Powell's testimony is scheduled for July 9, 2024, he added. "Furthermore, the activities of both foreign and domestic institutional investors (FII & DII) will be tracked, ...

Market Highlights, July 5: RIL, SBI lead fag-end recovery; benchmarks end flat; HDFC Bank down 4%

Stock Market Highlights on July 5: Shares of RIL gained 2.58 per cent, helping the Sensex, and Nifty indices recoup losses

Restaurants Brand Asia stock rallies 5% after HDFC Mutual Fund buys stake

Shares of Restaurants Brand Asia soared up to 5 per cent at 113.92 per share on the BSE in Friday's intraday. This came after the company informed the Indian exchanges about the bulk deal

Thermax's stock rises 5% after subsidiary gets work order worth Rs 513 cr

Thermax shares zoomed 4.6 per cent at 5287.10 per share on the BSE in Friday's intraday trade after the company informed the bourses that it has bagged a big work order worth Rs 513 crore

FMCG sector weightage in Nifty 50 falls to lowest level since 2010

The Nifty FMCG index has been almost flat since and is up just the 0.3 per cent since the start of the 2024 calendar year

Mcap of BSE-listed firms hit record high of Rs 445.43 trn amid record rally

The 30-share Sensex hit the historic 80,000-mark for the first time earlier in the day. It surged 632.85 points, or 0.79 per cent, to hit a record intra-day high of 80,074.30

Stock Market Highlights, July 3: Sensex rises 545 pts, ends near 80,000; HDFC, Axis Bank gain 2%

Stock Market Highlights on July 3: In the broader markets, the BSE MidCap and the BSE SmallCap index rose 0.86 per cent each.

Namita Thapar-backed Emcure Pharma IPO opens: GMP, price, apply or not?

Emcure Pharmaceuticals initial public offering is set to open for subscription on Wednesday, July, 3, 2024

KEC International hits 52-week high on securing large order; details here

EC International's shares jumped 7.3 per cent to Rs 968.20 per share on the BSE in Wednesday's early morning trade

Hyundai India targeting to raise record $3.5 billion through IPO: Report

A representative for Hyundai India declined to comment. IFR and India media have previously reported the IPO could raise about $3 billion