Page 34 - Markets

HSIL hits new high, zooms 24% in two days on building products biz spin-off

The cash proceeds of Rs 630 crore will be utilized towards the pre-payment of existing bank borrowings, which will further strengthen the HSIL balance sheet.

KRBL, JSW Steel: Here's why Anand Rathi is bullish on these stocks

According to Mehul Kothari of Anand Rathi, traders can buy KRBL near the 260-mark with a stop loss of 250 for upside target of 275 in 1 - 2 weeks.

Is oil price rise a cause of worry?

Crude oil prices have soared 25% in a month as demand remains steady and supplies disrupted. Is this a worrisome trend? Will the govt address this in the Budget? Our next report takes a deep dive

Go multi-asset to offset equity-market volatility, say analysts

Determine your ideal equity allocation, based on drawdown capacity

Indices post modest gains amid mixed global cues; Ultratech Cement up 3%

In a largely range-bound session, the 30-share BSE Sensex ended 85.88 points or 0.14 per cent higher at 61,308.91

Securitisation volume growth slows to 8% in December quarter: Report

The cumulative value of deals executed in the first nine months of this fiscal stood at approximately Rs 80,000 crore

Mcap of BSE-listed companies jumps to all-time high of over Rs 280 trn

Market capitalisation of BSE-listed companies jumped to an all-time high of over Rs 280 lakh crore on Monday as benchmark indices bounced back after taking a breather in the previous trade. The 30-share BSE benchmark gained 85.88 points or 0.14 per cent to settle at 61,308.91. During the day, it jumped 162.45 points to 61,385.48. The market capitalisation of BSE-listed firms reached a lifetime high of Rs 2,80,02,437.71 crore on Monday. Sensex and Nifty broke their five-day rising streak to close with slim losses on Friday. "Markets started the week on a flat note amid mixed global cues. As the day progressed, high volatility was witnessed but the benchmark traded in a positive range for most of the session," said Ajit Mishra, VP - Research, Religare Broking Ltd. Ultratech Cement was the biggest gainer among the Sensex shares, with a gain of 2.78 per cent, followed by Maruti Suzuki, Mahindra & Mahindra, Tata Steel, TCS, L&T and SBI. In the broader market, BSE midcap index rose .

Sensex gains 86 pts; Nifty above 18,300; HCL Tech slumps 6%; Auto stocks up

In the broader market, the BSE MidCap and SmallCap indices outperformed the benchmarks and ended up to 0.6 per cent higher.

NIIT hits highest level after 20 years; zooms 67% in 2 months

For Q2FY22, NIIT had reported a more-than-double or 101 per cent year on year (YoY) rise in its consolidated net profit at Rs 52.4 crore on the back of strong operational performance.

HDFC Bank disappoints on margins, fee income growth, say analysts

A decline in payment and credit card-related fees from a year ago - as the bank gave fee waivers as an incentive - was a new niggle for the lender to contend with

Adani Ent, Tata Comm, SBI Life, L&T and 24 other BSE500 stocks at new highs

Infosys, Tata Consultancy Services (TCS) and Tanla Platforms from the IT sector hit their respective new highs today.

Shares of this Jhunjhunwala-backed footwear firm soar 20% on strong Q3 nos

Metro Brands surged 20 per cent to hit a new high of Rs 608.20 on the BSE in Monday's intra-day trade, up 22 per cent from its issue price of Rs 500 per share.

Low-priced stocks: A roulette that may well be a losing bet, say experts

Many have weak fundamentals to back share price rise and may not live to see the next bull run: Experts

Policy normalisation could jolt markets, prick bubbles: Axis MF's J Gopani

Markets will swing to the tunes of Covid for some time to come till we see medical intervention eliminate the threat completely, says Gopani

Floater funds see outflows as liquidity turns tight, shows data

In the past year, floater funds have on average given returns of 3.79 per cent, lower than other categories like low duration funds, short duration funds, and medium duration funds

Street signs: Nifty may see gains, debt funds see Rs 35K-cr outflow & more

The Nifty has formed a bullish candle and is also holding higher bottom series, which support a further uptrend, said analysts

Swadeshi Jagran Manch opposes direct listing of Indian unicorns in overseas

Swadeshi Jagran Manch has said the remedy is worse than the disease as Indian authorities will not just lose the oversight but also the right to tax gains accruing from businesses built in the country

All store owners, staff at Delhi's Janpath Market fully vaccinated

The district officials distributed certificates of "fully vaccinated market" to its eight market associations.

India Cements gains 5%; hits highest level since January 2008

Analysts expect margins of cement companies to bottom out in Q3FY22, with likely recovery in demand and prices.

Indices close week with gains of 2.5%; Asian Paints falls 2.6%

The indices had gained this week amidst optimism surrounding early quarterly earnings announcements of some companies