Page 27 - Markets

Adani Wilmar extends rally; stock surges 30% over issue price

Shares of Adani Wilmar hit a new high of Rs 299.65, surging nearly 13% in Wednesday's intra-day trade

Endurance Technologies slips 8% as Q3 profit halves to Rs 95 crore

The management said the market, this year, is subdued with headwinds in the form of weak rural demand and higher cost of ownership

Wall Street rallies on tech boost, European shares end flat

The euro retreated as the European Central Bank tried to cool interest rate hike expectations.

Vedant Fashions IPO sails through on final day, gets subscribed 2.6x

The issue garnered more than 250,000 applications

Broader mkts continue to see sell-off even as benchmarks snap losing streak

Small-, mid-caps bleed even as Sensex ends in green

Sensex snaps 3-day losing run, ends 187 pts up; RIL gains 2%, PSBs shine

The 30-pack index was lifted by Tata Steel (up 3 per cent), RIL (up 2 per cent), Bajaj twins, and Asian Paints

Stock of this sugar company has zoomed 40% in 2 days

Ugar Sugar proposed capacity expansion up to 845 KLPD under ethanol blending progammme

Bank of Baroda extends rally; hits over two-year high on strong Q3 results

In the past two trading days, the stock has rallied 10 per cent after the state-owned lender reported a strong earnings for the quarter ended December 2021.

Sansera Engineering slips 9%, hits new low as profit more-than-halves in Q3

The stock dipped 9% to Rs 681.20 and was below its issue price of Rs 744 on the BSE.

IGESL files draft IPO paperwork with Sebi to raise Rs 740 crore

As per the filing, the "proposed offer consists of a fresh issue of equity shares aggregating up to Rs 3,700 million (Rs 370 crore)"

Adani Wilmar: Should you hold, buy or sell the stock post a muted debut?

The company's IPO saw strong response from investors and had been subscribed 17 times. The issue had received bids for 212.88 crore shares against the offer size of 12.25 crore shares.

TVS Motor surges 8% on good operational performance in Q3

In Q3FY22, TVS Motor registered highest-ever operating Ebitda of Rs 568 crore, while margin improved 50 bps at 10 per cent from 9.5 per cent YoY

Asian stock markets, euro hold steady ahead of US inflation data

Markets are still alert for rate increases in both the euro zone and the United States after the European Central Bank last week was considered to have adopted a more hawkish tone.

IndiGo soars 10% post Q3 nos; analysts upgrade stock, see up to 38% upside

IndiGo swung back into profit, posting a PAT of Rs 129.79 crore in the December quarter, after registering seven consecutive quarters of loss

Retail investors take a step back on higher market volatility

Institutional share of trading turnover has been rising as markets fell from highs

Sensex dips 1,024 pts amid rising oil price, FII selling; Nifty holds 17200

FIIs' favorite names and heavyweights like HDFC twins, ICICI Bank, Infosys, Kotak Bank, and Reliance Industries saw sharp cuts

Sensex tanks over 1,000 points today: What is dampening equity markets?

The high spirits on the budget were short-lived as the global concerns have began weighing on equities.

DB Realty rebounds, freezes at 5% upper circuit; gains 181% in seven weeks

The company's board is scheduled to meet on Wednesday, February 9, 2022 to discuss and consider the proposal for raising of funds.

RBI Policy key stock market trigger this week

A growth-oriented Union Budget bolstered the investors' confidence, pushing frontline indices 2.5% last week. The RBI's monetary policy meeting will be keenly tracked by the markets this week

We're overweight on India and will remain so: Julius Baer's Mark Matthews

Mark Matthews, head of research for Asia at Julius Baer, tells Puneet Wadhwa that the markets at the current levels are pricing in more rate hikes than what will actually happen in CY22