Page 6 - Bse

Sensex atop Mt 61,000, just 1% away from fresh the all-time highs

Benchmark indices gained in 11 of the past 12 trading sessions

Sun Pharma Q2 PAT rises 10.5% YoY to Rs 2,262 crore on robust sales

Gross sales came in at Rs 10,809.2 crore, growing by 13.1% over Q2 last year

L&T Q2 net profit rises 22.5%, revenue up 23% on strong order inflows

In Q2, the company gained from strong order inflows in the domestic market, with consolidated revenue from operations increasing by 23 per cent to Rs 42,763 crore in the period

Vedanta Q2 net profit falls 60% on higher expenses; revenue up 20%

Vedanta's oil and gas business also took a hit due to the windfall tax and lower crude prices in Q2, analysts said

Sensex rises 203 pts, Nifty ends near 17,800; Maruti zooms 5%, RIL 3%

Stock market wrap: Reliance alone contributed 231 points to the 30-share benchmark. Maruti, M&M and NTPC were the other major gainers. The Metal and IT sector witnessed selling pressure.

PNB Housing Finance's Q2 net profit rises 12% on improving margins

Its net interest income (NII) expanded by 29 per cent YoY to Rs 649 crore in the reporting quarter.

BSE launches Electronic Gold Receipts for efficient price discovery of gold

Leading stock exchange BSE has launched Electronic Gold Receipt (EGR) on its platform, a move that will help in efficient and transparent price discovery of the yellow metal. It introduced two new products of 995 and 999 purity during the Muhurat trading on Diwali and trading will be in multiples of 1 gram and deliveries in multiples of 10 gram and 100 gram, the exchange said in a statement. The announcement came after the exchange last month received final approval from the Securities and Exchange Board of India (Sebi) for introducing EGR on its platform. BSE in February received in-principle approval from Sebi after which the exchange conducted several mock trading in the test environment for its members to facilitate trading in EGRs. EGRs will cater to all market participants, which means that buyers and sellers on the exchange will include individual investors, as well as commercial participants along the value chain like importers, banks, refiners, bullion traders, jewellery

Samvat 2079: Sensex up 525pts; logs best Muhurat-day gain in 14 years

Muhurat Trading Session Wrap: Financial shares led by ICICI Bank, HDFC twins top gainers chart. Nestle, L&T also up smartly, while Hindustan Unilever sheds 3 per cent.

Markets end marginally up on Friday; Sensex, Nifty down 1% in Samvat 2078

The BSE MidCap index fell about 4 per cent in Samvat 2078, while the BSE SmallCap index added 0.4 per cent

New issue pricing onus may put independent directors in a spot: Experts

Experts feel Sebi diktat may deter those with non-financial background from joining boards

Invesco to sell 5.51% stake in Zee Entertainment for over Rs 1,300 cr

This is the second block deal by Invesco in seven months, which offloaded 7.8% stake in Zee Entertainment in April

Bank of Maharashtra Q2 net doubles YoY to Rs 535 cr as NIM improves

Lender eyes equity offering by Q4FY23 or early FY24

Samvat 2079: What is Muhurat trading? Check date, stock market timing

The Muhurat trading session on October 24, 2022, will mark the beginning of Samvat 2079

One year of Nifty's lifetime high: Domestic equities stuck in a loop

The fall in the Indian market is far subdued, compared to many global peers that have slipped into bear-market territory

Earnings, global trends to guide stock markets this week: Analysts

Stock markets will be guided by the ongoing quarterly earnings season and global factors, analysts said, adding that foreign fund movement would also play a crucial role in dictating the terms. Besides, movement of the rupee and trend in international oil benchmark Brent crude will also influence trading, they added. "Market will look for direction from Q2 earnings and global cues. This week many financial and cement companies will come out with their Q2 results. Global markets are quite volatile, which may lead to volatility in our market as well," said Santosh Meena, Head of Research, Swastika Investmart Ltd. In terms of global factors, macro numbers from the United States and China will be important, Meena said. Movement of the US bond yields, dollar index and crude oil will be other global factors to watch out for, Meena added. It will be important to see institutional flows from here on. "Earnings and global cues will dictate the trend this week. First, participants will reac

Six of top-10 firms lose Rs 78,163 crore in m-cap; RIL biggest drag

The combined market valuation of six of the 10 most valued domestic firms eroded by Rs 78,163 crore last week, with Reliance Industries taking the biggest hit. Last week, the 30-share BSE Sensex declined 271.32 points or 0.46 per cent. While Reliance Industries, Bharti Airtel, ICICI Bank, HUL, Bajaj Finance and SBI saw a drop in their valuation, TCS, HDFC Bank, Infosys and HDFC emerged as the gainers. However, the combined gain of the four firms at Rs 30,467.03 crore was less than the total loss suffered by the six companies. The market valuation of index heavyweight Reliance Industries tanked Rs 42,113.47 crore to reach Rs 16,04,069.19 crore. Bharti Airtel lost Rs 15,159.81 crore to stand at Rs 4,26,226.99 crore. The market capitalisation (mcap) of ICICI Bank declined by Rs 8,272.37 crore to Rs 6,06,317.50 crore and that of Hindustan Unilever Ltd (HUL) fell by Rs 5,404.06 crore to Rs 6,05,219.47 crore. Bajaj Finance's valuation dipped Rs 4,268.28 crore to Rs 4,40,295.38 crore a

Tata Power hit by cyber attack, says critical systems functioning

The company did not divulge which systems were impacted

Financials, IT, energy see highest FPI selloff in last fortnight of Sept

The selling dragged the BSE Financial Services index by 4.7 per cent in the last two weeks of September.

Half of top 500 stocks trading below their 200-DMA, shows data

Analysts said that half of the BSE 500 firms trading below 200-DMA clearly indicates that market sentiment isn't strong and there is heightened selling pressure in the broader markets

Piyush Goyal urges BSE to set up interface with startup ecosystem

Commerce Minister Piyush Goyal on Monday urged the Bombay Stock Exchange (BSE) to create an interface with the startup ecosystem