Page 61 - Stock Markets

RBL, IDBI Bank surge up to 10%; Karur Vysya, Federal Bank hit 52-week highs

Union Bank of India, Bank of India, Canara Bank, Punjab National Bank, Indian Overseas Bank, Uco Bank, Central Bank of India, and Bank of Baroda from the PSUpack were up 2-5%

DreamFolks' IPO subscribed 1.96x on Day 1, retail portion booked 8x

The institutional investor portion was subscribed 0.25x. The wealthy investor portion by 1.39x, and retail investor by 8x. Overall, the IPO was subscribed 1.96x

Amid hefty FPI flows, rupee turns into outperformer among EM peers

Rupee performs better than 11 emerging market currencies amid jump in US dollar index

On volatile day, indices manage small gains amid weakness in global bourses

The 30-share BSE Sensex climbed 54.13 points or 0.09 per cent to settle at 59,085.43. During the day, it hit a high of 59,170.87 and a low of 58,760.09

Flurry of block deals lifts cash trading market volumes from two-year lows

The rebound coincided with optimism that the US Federal Reserve may ease up on its pace of monetary tightening, prompting a recovery in stocks the world over

NDTV, Sun TV, TV Today: Media-related stocks to see more upside going ahead

Shares of NDTV have rallied four-fold since December 2021, staging one of its biggest rally since 2007-08. On the upside, the stock can surge to Rs 450.

Consumer momentum unlikely to derail as IT firms rationalise salary payouts

In the last six months, the Nifty Consumption index has rallied 12 per cent as compared to the 3 per cent surge in the Nifty50 index, data showed

Dreamfolks Services' downsized IPO opens for subscription on Wednesday

The company's IPO is entirely an offer for sale by existing shareholders

Reading the rally: It is still a see-saw stock market

Investors should be prepared for sudden shift in trends

A tribute to Rakesh Jhunjhunwala: His bullishness will be seen as prescient

Everything Rakesh foresaw for India will happen in the coming years

Investors poorer by Rs 6.5 trn in two days as Sensex tanks over 1,500 pts

According to analysts, fresh concerns related to the global economic growth have dampened investor sentiments

Fastest market rebound since 2003 invites scepticism for Indian stocks

The NSE Nifty 50 Index has surged more than 14% from a mid-June low as overseas investors turned buyers after months of withdrawals

Sensex slumps 1,500 points in two days; here's what has spooked investors

Stock market closing: After a sharp run-up of around 17 per cent from June lows, markets have succumbed to profit booking as investors around the world become cautious.

Street Signs: Cement back in vogue, brokerages go slow on ads, and more

The domestic broking industry has seen a sharp decline in new account openings in the past two months

Equity mutual fund flows moderate in July, Maruti Suzuki on the top

The moderation in MF investments comes amid a revival in foreign portfolio investor (FPI) flows

Ambuja Cements surges 10% in one week; stock inches towards 52-week high

Last week, the Competition Commission of India (CCI) approved Adani Group's acquisition of Ambuja Cements and ACC from Switzerland's Holcim.

Sensex on track to hit 65,000 in the medium-term, charts show

As per the technical charts, the Sensex has crossed two big crucial levels of 58,500 and 59,800. This scenario is likely to trigger a fresh rally that can see the index cross the last all-time high

Power Mech hits new high on order win from Adani Group; soars 52% in 1 mth

The company said it has bagged an order worth Rs 6,163.2 crore for five flue gas desulphurization [FGD] projects from the Adani Group.

Markets can hit highs only after inflation peaks abroad: Taher Badshah

'The key risk for the market at this juncture, especially after this strong comeback, is the resurgence of the known risks of recent times, namely the rebound of inflation and geopolitical tensions'

Nifty gains for 8th straight day; longest streak since November 2020

The relentless rally is underpinned by falling crude oil prices, revival in foreign investor flows and improving economic outlook