Page 64 - Stock Markets
This Tata Group stock has zoomed 109% against its rights issue price
Meanwhile, the stock has surged 55 per cent against its qualified institutional placement (QIP) price of Rs 202 per share
 "This Tata Group stock has zoomed 109% against its rights issue price")
Sensex ends choppy day 49 pts down; DreamFolks rallies 42%; pvt banks weak
DreamFolks Services made a strong stock market debut as its shares got listed at Rs 508.70, a 56 per cent premium over its issue price of Rs 326 per share on the National Stock Exchange (NSE)
 "Sensex ends choppy day 49 pts down; DreamFolks rallies 42%; pvt banks weak")
Tata Motors, Ashok Leyland, Eicher eye up to 17% gains, charts show
Tata Motors' stock gained 161 per cent in 2021, and reached its new 52-week high of Rs 536.70. However, the stock has been tepid so far in 2022 and seen testing the 200-DMA
 "Tata Motors, Ashok Leyland, Eicher eye up to 17% gains, charts show")
Sensex, Nifty climb nearly 1%; metal, banking and capital goods stocks rise
The international oil benchmark Brent crude jumped 2.81 per cent to $95.63 per barrel
 "Sensex, Nifty climb nearly 1%; metal, banking and capital goods stocks rise")
Analysts say 'subscribe' to Tamilnad Mercantile Bank IPO: Read to know why
Tamilnad Mercantile Bank's dedicated customer base, strong financial track record, healthy asset quality and reasonable valuation make analysts bullish on its IPO
 "Analysts say 'subscribe' to Tamilnad Mercantile Bank IPO: Read to know why")
Dalal Street defies global mood; Sensex soars 443 pts, Nifty top 17,650
CLOSING BELL: ITC, Sun Pharma, RIL, Tata Steel, NTPC, HCL Tech, L&T, and ICICI bank were the top Sensex gainers, while Hindalco, JSW Steel, Grasim, and Cipla were additional top gainers on the Nifty50
 "Dalal Street defies global mood; Sensex soars 443 pts, Nifty top 17,650")
See-saw week of volatility sees indices end marginally in the green
A depreciating rupee and foreign fund outflows further crimped risk appetite, traders said.
 "See-saw week of volatility sees indices end marginally in the green")
Larsen & Toubro gains 2%, hits over six-mth high on strong revenue outlook
In the past one month, L&T has outperformed the market by gaining 9 per cent as compared to a 1.4 per cent rise in the S&P BSE Sensex
 "Larsen & Toubro gains 2%, hits over six-mth high on strong revenue outlook")
NSE indices rejig: Adani Enterprises, Adani Total, HAL can rally up to 10%
Adani Total Gas is the only stock that has closed in green each quarter since the Covid-19 pandemic, shows the quarterly chart. The stock has surged 14 times from the pandemic lows
 "NSE indices rejig: Adani Enterprises, Adani Total, HAL can rally up to 10%")
Volatility may be a good thing for investors considering Info Edge stock
Analysts bullish about holding company of popular websites like Naukri and 99acres despite value erosion of Zomato, Policybazaar, its investee firms
 "Volatility may be a good thing for investors considering Info Edge stock")
Are falling growth rates the next big worry for Indian equity markets?
A dip in demand amid rising inflation and central bank policies has seen brokerages, such as Goldman Sachs and Morgan Stanley, cut their respective growth estimates for the Indian economy
 "Are falling growth rates the next big worry for Indian equity markets?")
Amid global selloff, markets see intraday wild swings, Sensex down1,015 pts
The benchmark Sensex opened gap-down 827 points (down 1.4 per cent), then went on to fall -1,015 points, or 1.7 per cent over its previous day's close
 "Amid global selloff, markets see intraday wild swings, Sensex down1,015 pts")
Ashok Leyland rallies 5% on bagging order for 1,400 school buses in UAE
The stock surpassed its previous high of Rs 158.15 touched on August 1, 2022. It was trading close to its record high of Rs 168 touched on May 8, 2018
 "Ashok Leyland rallies 5% on bagging order for 1,400 school buses in UAE")
Biocon sheds 4%, hits 52-week low as US FDA issues form 483 for 3 sites
The US health regulator has issued Form 483s with 11 observations each for two sites in Bengaluru and six observations for a plant in Malaysia site.
 "Biocon sheds 4%, hits 52-week low as US FDA issues form 483 for 3 sites")
Piramal Enterprises shares trade ex-demerger; stock surges 9% intra-day
The record date is fixed as September 01, 2022 for issuance and allotment of 4 equity shares (Rs 10 each) of Piramal Pharma (PPL) for every 1 equity share (Rs 2 each) to shareholders of Piramal Ent
 "Piramal Enterprises shares trade ex-demerger; stock surges 9% intra-day")
Indian markets slide on US Fed's hawkish tilt; Sensex down 861 points
Experts say any fall in US equities could reflect in the domestic markets as well
 "Indian markets slide on US Fed's hawkish tilt; Sensex down 861 points")
BofA's new target: Nifty50 to trade in 17,000-19,500 range this year
Brokerage has revised the mark upwards for the second time this month
 "BofA's new target: Nifty50 to trade in 17,000-19,500 range this year")
Tech stocks get hammered in manic Monday sell-off; Nifty IT falls 3.5%
The tech-heavy Nasdaq index is down 22 per cent this year
 "Tech stocks get hammered in manic Monday sell-off; Nifty IT falls 3.5%")
3 reasons why the Sensex ended 861 points lower at 57,973 levels on Monday
Monday's market mayhem was led by the IT pack as Nifty IT index cracked over 4 per cent. Tech M, Infosys, HCL Tech, Wipro and TCs slipped 2-5 per cent.
 "3 reasons why the Sensex ended 861 points lower at 57,973 levels on Monday")
Stock of this defence company has zoomed 87% over its issue price
Shares of Data Patterns hit a record high of Rs 1,093.50 as the stock rallied nearly 15 per cent on the BSE in Monday's intra-day trade on heavy volumes
 "Stock of this defence company has zoomed 87% over its issue price")