Page 30 - Stock Markets

Oil India, ONGC dip up to 6% as crude oil prices fall on demand concerns

While upstream earnings are currently impacted, with the OPEC+ delaying its planned rise in production, analysts at Prabhudas Lilladher expect oil prices to rebound to $75-80 per barrel soon.

Evaluate company's fundamentals and valuation before investing in IPO

If the firm is of a sound quality but the valuation is high, wait for a price correction

Majority of IPO shares are sold in 7 days, 70% within a year: Sebi study

Sebi study shows most of IPO applicants chase quick gains

Resourceful Automobile makes a tepid debut but ends on the upper circuit

Resourceful Automobile's initial public offering (IPO) was a fresh issue of Rs 12 crore and raised eyebrows as it was subscribed a whopping 419 times

Stock Market Highlight, Aug 28: Sensex ends flat, Nifty shields 25k after scaling new high; IT leads

Stocks in Asia were trading in tight ranges following a sluggish day on Wall Street, as investors prepared for a slew of earnings in the US that will set the tone for risk assets.

SME stock hits 12th straight upper circuit; up 4x over IPO price in 12 days

Shares of Afcom Holdings were locked in 10-per cent upper circuit for the 12th straight trading day, at Rs 444.40 on the BSE in Wednesday's intraday trade. The stock had surged 99% on its listing day.

GMM Pfaudler jumps 13% after over 3 mn shares change hands via block deals

Around 84,000 shares had changed hands on the counter on the BSE, while 3.15 million shares had changed hands on the NSE till 10:15 AM.

National Infrastructure Trust to raise Rs 1,600 crore through IPO

In accordance with SEBI Infrastructure Investment Trust (InvIT) regulations and the SEBI guidelines, 75 per cent of offer will be available for a proportionate allocation to institutional investors

Rothschild to boost its ECM, debt businesses in India as deals heat up

The expansion plans at Rothschild follow a surge of initial public offerings in the Indian stock market

As markets rise, here is a roadmap for new investors to avoid accidents

Be mindful of risks and avoid overly aggressive fund strategies at the start of your investment journey

Stock Market Highlights: Sensex, Nifty end flat, broader indices mixed ahead of Powell's speech

Stock Market Highlights on Friday, August 23: At closing bell, the BSE Sensex was at 81,086.21, up by 33.02 points. Nifty 50 was at 24,823.15, up marginally by 11.65 points

RailTel shares gain 8% on securing new order worth Rs 52.66 crore

RailTel order book at the end of the June quarter stood at Rs 4,682 crore

Saraswati Saree shares hit 5% lower circuit for 2nd day after solid listing

In two days since listing, Saraswati Saree share price is down 9.7 per cent. It, however, is 18.5 per cent higher than its issue price of Rs 160

Aarti Drugs surges 13% as board mulls share buyback on August 26

Going ahead in FY25, the management anticipates an improvement in margins, mostly driven by an anticipated growth in export sales and backward integration.

Markets to take cues from global trends, FII trading activity: Analysts

With the earnings season drawing to a close, stock markets will take cues from global trends and foreign investors' trading activity this week, analysts said. The US FOMC (Federal Open Market Committee) minutes will be the major highlight this week, experts said. "This week, there are fewer cues on the macro and micro fronts, as the Q1 earnings season has concluded. However, important global economic data, such as Japan's inflation numbers and the minutes from the US FOMC meeting, will be closely watched. The uncertain geopolitical situation remains the primary near-term risk for the market," said Santosh Meena, Head of Research, Swastika Investmart Ltd. Traders will also closely monitor institutional flows and crude oil price movement, he added. Easing fears of a recession in the US triggered a global market rally on Friday. "Positive US economic data like cooling inflation and robust retail sales numbers shrugged off recession fears while talks of a rate cut by the US Fed as ear

Stock Market Highlights, Aug 12: Sensex, Nifty end flat amid Hindenburg-led volatility; Ola up 20%

Stock Markets Highlights, Aug 12, 2024: Shares of the Adani Group fell sharply following the Hindenburg Research allegations early trade on Monday. However, Adani Group's shares showed recovery later

Explained: RBI focus on food inflation, what MPC policy means for markets?

Why stock market, Sensex, Nifty fell after RBI policy: RBI governor Shaktikanta Das emphasised on food inflation and said food prices have remained elevated for too long

Rupee expected to decline further as policy shift comes into focus

The currency tested successive lows in recent days amid outflows from local stocks following a hike in equity taxes

Street signs: Rs 12,000 crore IPO gauntlet, regulatory quake, and more

The Securities and Exchange Board of India's proposed tightening of derivatives trading rules is expected to have a profound impact on stock exchanges

RBI rate decision, global trends major factors to drive mkt: Analysts

RBI interest rate decision, macroeconomic data and global trends would guide markets' movement this week, analysts said. Besides, trading activity of foreign investors and the last batch of Q1 earnings announcements would also guide trends in equities. HSBC PMI (Purchasing Managers' Index) for the services sector is scheduled to be announced on Monday. "This week, all focus will be on the global markets as we are seeing the first major signs of weakness after a long period of stability. This will test the strength of the Indian market, which has remained resilient due to strong domestic liquidity and a better macroeconomic outlook despite global headwinds and valuation concerns," said Santosh Meena, Head of Research, Swastika Investmart Ltd. On the domestic front, the upcoming RBI's monetary policy announcement on August 8 will be important, Meena added. "The last batch of Q1 earnings will drive stock-specific movements. Additionally, institutional flows will play a crucial role i