Page 68 - Stock Markets

GR Infra plunges 10% on report of CBI conducting raids at company's offices

A team of Central Bureau of Investigation conducted a The raids were conducted in connection with alleged irregularities in a national road highway project in Assam, as per the reports.

Bajaj Finance, Tata Steel, UltraTech Cement, Shree Cement hit 52-week lows

A total of 46 stocks from the Nifty500 index also hit their respective 52-week lows on the NSE today including Astral, Birla Corporation, CSB Bank, LIC Housing Finance, SpiceJet.

RBL Bank tumbles 18% on heavy volumes; stock hits record low

The Reserve Bank of India has approved R Subramaniakumar's appointment as the managing director & chief executive officer of the private sector lender.

Enter the dragon: Foreign investors turn positive as China shrugs off Covid

Some funds could reallocate from other EMs to China, posing fresh headwinds for India, which commands a steep valuation premium compared with other EMs

Fitch lauds Indian economic recovery, ups outlook from negative to stable

The rating agency scaled down the GDP growth estimates for FY23 to 7.8% from 8.5%

Bears tighten grip: Sensex crashes 1,000 pts on mounting inflation worries

FPIs sell shares worth Rs 4,000 crore; US inflation hits new 4-decade high

Rs 3.2 trn of investor wealth wiped off. Why did the Sensex fall on Friday?

The market's confidence has been shaken as persistently elevated levels of commodity prices, and disrupted supply chains continue to be a double whammy for the economy and companies alike.

J Kumar Infra hits four-year high; surges 38% in twelve days on strong Q4

Strong cash position and unutilised working capital limits facilitate headroom for undertaking large projects and executing existing projects, analysts said.

With RIL boost, markets see green; Sensex, Nifty end 4-day losing run

Investors made a cautious return to IT, pharma and bank stocks after their recent sell-off

Brent at $124/bbl: Oil India hits over 7-year high; zooms 114% in one year

Oil India is well placed to benefit from rising oil and gas prices and high gross refining margins, analysts said.

Rising interest rates could weigh on valuations of Indian stock markets

Exporters, and low debt, non-capital-intensive businesses should do better

SJS Enterprises rallies 31% in last nine days on strong Q4 results

Ace investor Ashish Kacholia held 3.77 per cent stake in SJS Enterprises at the end of March 31, 2022, the shareholding pattern data shows.

Biocon hits over two-year low; slips 18% in six weeks post weak Q4 results

In the past one year, the stock has slipped 22 per cent, as against a 39 per cent rally in the S&P BSE Sensex.

Covid-19: Analysts dump diagnostic firms for multiplexes on solid outlook

Experts believe the current news cycle may keep the stock prices of related players volatile in the near term, but any fundamental or direct impact, in the long run, remains improbable.

UltraTech Cement falls 10% in three days; loses Rs 17,157 crore-market cap

Analysts at ICICI Securities believe the next two quarters will remain challenging for the cement industry as it will battle both weak demand (owing to monsoon) & heightened costs.

Sensex valuation falls to nearly 5-year low with exception of Mar-Jun 2020

The index EPS tracks the combined earnings of the 30 companies that are part of the Sensex

Selling pressure on metal and mining stocks likely to persist: Analysts

The sell-off has been triggered by the central government's decision to impose export duty on steel in a bid to thaw domestic prices

Street signs: More steam left in mkt, hospitality sector revival, and more

Hotel stocks are back in investor good books, with occupancies returning to pre-pandemic levels

Equity mutual funds' AUM decline after stock market corrects in May

Large-cap funds' AUM falls to Rs 2.19 trn, that of flexi-cap funds to Rs 2 trn, shows Amfi data

Sensex falls 664pts from day's high, ends 49pts down; RIL up 2%, autos dip

CLOSING BELL: The Nifty IT index was the only gainer, up 0.45 per cent