Page 66 - Stock Markets

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

Global share trade mixed on optimism about economies of US, China

Global shares were mixed Wednesday as markets looked to strong economic signs out of the US and China as drivers of growth. European shares slid in early trading, while benchmarks finished higher in Japan, China and Australia. Shares fell in South Korea. France's CAC 40 fell 0.3% to 6,570.14 in early trading, while Germany's DAX slipped 0.7% to 13,812.17. Britain's FTSE 100 shed 0.3% to 7,513.18. US shares were set to drift lower with Dow futures down 0.4% at 33,995.0. S&P 500 futures fell 0.6% to 4,284.25. Analysts warned major risks remain, such as surging COVID-19 cases in some countries in Asia, along with worries about global inflation and China's policies to curb infections. Expectations of economic growth in China and the US will likely remain key to gauging recession fears. China's zero-COVID' policy is still an important headwind for global growth, said Anderson Alves at ActivTrades. Japan's benchmark Nikkei 225 added 1.2% to finish at 29,222.77. Australia's S&P/ASX ..

Tata Group's Trent Ltd enters list of 100 most valued companies in India

In the past 5 trading sessions alone, the share price of Trent Ltd has jumped 11 per cent. On NSE, Trent rose 4.63 per cent to close at Rs 1,475.30, on Wednesday

This recently listed SME infra company has zoomed over 200% in one month

In the past one month, Jayant Infratech has zoomed 219 per cent from a July 15 level of Rs 87.90

Sensex rises 379 pts, Nifty closes above 17,800; M&M gains 2.28%

The 30-share BSE benchmark index advanced 379.43 points or 0.64 per cent to settle at 59,842.21, logging its third straight day of gains

Share of debt mutual funds in industry AUM wilts markedly, shows data

The share of debt MFs has been consistently sliding after the pandemic, with interest rates headed south and stock markets ascending

Street Signs: Jhunjhunwala stocks in focus, block deals pick up, and more

Shares of Syrma SGS Technology are changing hands in the grey market at a premium of just 4-5 per cent, say people in the know

World shares mostly higher after China cuts key rate on gloomy eco data

US futures edged lower and oil prices fell more than $2. Paris, Frankfurt, Tokyo and Sydney advanced while Hong Kong and Shanghai fell

Rakesh Jhunjhunwala's biggest portfolio gains came after the age of 55

The value of his disclosed portfolio quadrupled in the past seven years

When Rakesh Jhunjhunwala used to get Rs 60 as trainee chartered accountant

The person who died richer than 99.99 per cent of the planet's population remembered more fondly his pleasures from a simpler time

Big bull bows out: Rakesh Jhunjhunwala passes away at 62 in Mumbai

With unwavering faith in India story, the passionate investor inspired many to enter the equity markets

Drivers of recovery

Growth risks could affect stocks

Rakesh Jhunjhunwala's last rites to be performed today at 5:30 pm in Mumbai

He was 62 and is survived by his wife Rekha and three children, who were with him when he breathed his last, even as his demise plunged the stock market players into shock

Nifty gains in 7 of last 8 weeks dust off recession fears, for now

On Friday, the Sensex gained 130 points, or 0.2 per cent, to end the session at 59,462

India at 75: 9 most important events for Indian market since 2021

From domestic MFs' AUM crossing Rs 30 trillion to the landmark LIC and Zomato IPOs and the appointment of India's first woman securities regulator, here are the 9 biggest events for markets since 2021

India at 75: 12 landmarks for Indian markets between 2015 and 2020

From top rating for India's financial market regulatory framework to RIL becoming the first Indian company to top $200 bn in m-cap, here are the 12 biggest events for stock markets from 2015 to 2020