Page 13 - Stock Market Trading

Latest meme stock: Danish biotechnology company jumps almost 1,400%

Orphazyme A/S, which develops therapies to treat genetic disorders, says it has no idea why its American depositary shares surged overnight

Coal India hits 52-week high, regains Rs 1 trillion market capitalisation

The stock of the state-owned company surpassed its previous high of Rs 162.95, touched on February 26, 2021.

PSU m-cap up 77% in 7 months as investors move towards value stocks

But share in total m-cap languishes below 10%, lower than long-term average of 13%

State-run banks' shares outperform private peers on recovery bets

A broad improvement in the sector's asset quality and India's plans to transfer soured loans to a proposed bad bank boosts their growth outlook

Sensex rebounds 359 points; financial, pharma stocks key drivers

The 30-share Sensex finished 358.83 points or 0.69 per cent higher at 52,300.47. Intra-day, the index swung between a high of 52,346.35 and a low of 51,957.92

Sensex, Nifty end marginally lower; HDFC twins, Reliance Industries weigh

The 30-share BSE Sensex slipped 52.94 points or 0.10 per cent to 52,275.57. The broader NSE Nifty declined 11.55 points or 0.07 per cent to 15,740.10

Analyst optimism on State Bank of India reaches a 17-year high, shows data

Among 48 analysts who cover the stock, 47 recommend buy and only one has a hold rating - a ratio of 98 per cent that's the highest since June 2004, according to data compiled by Bloomberg

Investors shun top FMCG stocks amid market rally; Tata Consumer outlier

M-cap of top 10 firms has risen 12% in 1 year, against 42% rally in Nifty50

Sensex, Nifty scale fresh peaks; Reliance Industries leads charge

A sharp recovery in the rupee added to the momentum, even as lacklustre global cues capped the gains, traders said

Top 100 companies' share in cash market turnover drops over the last year

Now below 50%, compared with 75% a year ago

Upper limits for mid-, small-caps zoom amid markets rally, shows data

In 2013, amid the taper tantrum sell-off, it had dropped to just $1 billion, shows an analysis done by ICICI Securities

Why GDP data is irrelevant to markets

Technology has changed how we collect data and which data set is more reliable

Nearly 2 of 3 Nifty50 stocks at premium to historical valuations

The list of stocks trading at a premium is dominated by IT, pharma, and index heavyweight Reliance Industries

FM Nirmala Sitharaman says macroeconomic fundamentals are sound

The finance ministry's assessment of the impact of the second wave on the economy will take a bit longer considering the timings and uncertainties, she said

Do not politicise GST Council: Finance Minister Nirmala Sitharaman

The government is conscious of the intensity of the second wave of Covid-19 and is assessing its full impact before coming out with further packages and interventions, says FM Sitharaman

Indices cap weekly gains as RBI lowers growth outlook: Nestle falls 1%

Lacklustre global cues and a weak rupee also soured risk appetite, traders said

Best of BS Opinion: The bull ride, catch up on 5G mindset, and more

Here are the best of Business Standard's opinion pieces for Thursday

Sensex, Nifty end at record highs as investors bet on economic recovery

Sensex tops February peak to settle at 52,232; Nifty closes at 15,690

After 7,700% surge in stock, Orchid Pharma to face reality check

New owners have to divest part of their stake of about 98 per cent in the firm, which re-listed in Mumbai in early November after emerging from bankruptcy

Indices end flat for the second straight session; ITC skids post results

After dropping to a low of 51,450.58 in late afternoon trade, the BSE Sensex clawed back lost ground to finish 85.40 points or 0.16 per cent down at 51,849.48