Page 1907 - Markets News

Sensex, Nifty trade at fresh highs amid gains in banking stocks

At the closing bell, the 30-share BSE index quoted 221.52 points or 0.42 per cent higher at 52,773.05

India Inc earns 72% of revenue from the domestic market: Morgan Stanley

On an aggregate basis, 72 per cent of EM companies' revenues come from their home country

India inflows may get boost with category-I FPI status for Cyprus funds

Cyprus is the third non-FATF country to be given status in a move that could prompt more and possibly larger funds from Europea to route their investments through the island nation

Fitch Ratings affirms Adani Ports at 'BBB-'; outlook negative

About 56% of firm's cargo is sticky, which includes contractual take-or-pay cargo, or that which is unlikely to be diverted to other ports due to infra curbs

NSDL statement prevents a $500-million sell-off in Adani group stocks

Analysts said a freeze of the FPI accounts, as reported by some media outlets, could have prompted global index providers to cut weighting of four Adani group companies from their global indices

Flexicap schemes find favour among investors amid broad market rally

Category now second biggest after large-cap funds

Gold holds near 4-week low with focus on key Federal Reserve meeting

The yield on 10-year Treasuries eased slightly on Monday, following a two-day gain from the lowest since March that damped the appeal of the non-interest-bearing precious metal

Interest margins of banks at 12-yr high; cost of funds fell 50 bps in FY21

Analysts attribute the margin expansion to the wedge between RBI's repo rate and the lending rate in the market

Market Wrap Podcast, June 15: Here's all that happened in the markets today

Shares of Adani Green Energy, Adani Ports and Adani Enterprises rose up to 5 per cent in intra-day today but soon pared gains to trade flat-to-negative

Sensex ends 221 pts higher; Consumer Discretionary index hits record peak

Asian Paints, Axis Bank, ICICI Bank, Britannia Industries, SBI Life, and Indian Oil Corporation ended the day as the top gainers

CARE Ratings soars 22% in three days on strong Q4 results

In Q4FY21, CARE Ratings reported 69% year-on-year growth in consolidated net profit at Rs 26.49 crore as against Rs 15.68 crore in Q4FY21

This Reliance Group stock has zoomed 62 per cent in four days

Reliance Industrial Infrastructure hit a new high of Rs 736.60, having rallied 19 per cent in intra-day trade on Tuesday

Inflow in Gold ETFs drops 57% in May amid strength in equities

Net inflow was at Rs 288 crore

TV18 Broadcast, SJVN: Two-digit stocks that can jump 20% in next two months

Here are trading strategies for a few such counters that look bullish on the charts and can appreciate at least 20 per cent from here on in the next two months

Adani Group stocks trade mixed following clarification from NSDL

Shares of Adani Green Energy, Adani Ports and Adani Enterprises rose up to 5 per cent each in intra-day today but soon pared gains to trade flat-to-negative

Sagar Cements zooms 20% on stock split plan; stock nears record high

The board is scheduled to meet on July 01, 2021, to consider a proposal to sub-divide (split) the face value of the equity shares of the Company from Rs 10 each into an appropriate amount

Newgen Software rallies 12%, hits new high after block deals

Till 09:56 am, around 7.5 million shares, representing 10.7 per cent of the company's total equity, had changed hands on the BSE, the exchange data shows

Deepak Fertilisers zooms 52% in a week; stock nears record high

In the past six months, the stock has soared nearly 190 per cent, against 14 per cent rally in the S&P BSE Sensex

Stocks to watch: Jubilant Food, Coal India, JSW Ispat, SBI Card, NHPC

SBI Cards and Payment Services (SBI Card) on Monday said it has raised Rs 500 crore by issuing bonds

Buying in value stocks & sectors will be back soon: Satish Menon of Geojit

The long-term prospects for the market are still bullish and we should use every dip as a buying opportunity