Page 16 - Markets Sensex Nifty

TMS Ep260: India Inc investments, global bond indices, markets, EWS quota

Why are Indian businesses shying away from investments? What is stopping India from joining global bond indices? How'll markets react if US Fed goes for a 100 bps hike? What's EWS quota? Answers here

Bajaj Finserv trades ex-date for 1:5 split, 1:1 bonus; shares rally 6%

The company had fixed September 14, 2022 as the 'Record Date' for the purpose of determining the members, eligible for the sub-division of existing equity shares, and issue of bonus equity shares.

Lemon Tree Hotels zooms over 100% in one year, stock nears record high

The increasing traction in corporate travel will benefit us to a great extent as more than 85 per cent of the company's inventory is in business hotels, the company said in its annual report.

Broader markets' rally is here to stay

The Nifty MidCap and SmallCap indices have leaped up to 23% since their June lows. Though valuations seem mildly stretched post this rally, analysts believe this broader market rally is here to stay

Harsha Engineers IPO to open Sep 14, price band Rs 314-330 a share

Fresh fund raise Rs 455 crore, secondary share sale Rs 300 crore; company eyeing Rs 3,000 crore valuation; firm makes brass, steel and polyamide cages and stamped components

Tube Investments hits record high, up 22% in six trading sessions

On September 06, TI Clean Mobility (TCM), a subsidiary of Tube Investments of India, launched it electric vehicle - Montra Electric 3W Auto in Chennai.

Hindalco, Nalco jump over 2% as aluminium, copper prices rise on LME

The BSE Metal index was the top performer, up 1.4 per cent; Major metal and mining related shares gained 1-2 per cent each in intra-day trades on Friday.

ICICI, Axis, HDFC Bank lift Sensex 659 pts, Nifty near 17,800; metals dip

CLOSING BELL: Shree Cement, BPCL, Tech M, Axis Bank, M&M, ICICI Bank, Ultratech Cement, Bharti Airtel, Bajaj Finserv, and SBI gained in the range of 2 per cent to 5 per cent

Chris Wood ups India stake; hikes allocation by 2% amid resilient stock mkt

In his Asia Pacific ex-Japan asset portfolio, allocation to Indian equities at 16 per cent is the second highest after his exposure to China, which stands at 31 per cent.

Analysts say 'subscribe' to Tamilnad Mercantile Bank IPO: Read to know why

Tamilnad Mercantile Bank's dedicated customer base, strong financial track record, healthy asset quality and reasonable valuation make analysts bullish on its IPO

No need to worry till the Sensex holds 56,886 level, technical charts say

Equity markets declined the most in around a month on Monday following US Fed chief Jerome Powell's comments on Friday, which indicated that it will continue with its restrictive monetary policy

Equity benchmarks capitulate in the last hour of trade, close in red

Bajaj Finance led the losers among the Sensex constituents, falling 1.81 per cent, followed by PowerGrid, Infosys, TCS, IndusInd Bank, Axis Bank, NTPC, and Larsen & Toubro.

Correction likely after a sharp run; buy on dips: Credit Suisse Wealth Mgmt

The recent 'hope rally' in Indian markets was mostly led by a presumption that global central banks, especially the US Fed, may go slow on rate hikes in the rest of 2022 as the inflation cools off.

Demand growth stays buoyant for Cummins India; profitability under pressure

Cummins India's stock has gained 27 per cent since its lows in June, helped by a strong first quarter, expectation of improved demand and margin recovery.

FOMO or attractive valuation? What drew FIIs back to Indian equities?

The change in their stance, analysts said, stems from the hope that the global central banks, especially US Fed may go soft on rate hikes as inflation cools off over the next few months.

Should you fret over the recent market sell-off? Here's what charts suggest

Sensex has shrunk 1,372 points or 2.29 per cent to 59,015 and Nifty50 shed 425 points or 2.3 per cent to 17,561 so far from their recent highs

AIA Engineering hits new 52-week high, soars over 10%

The company reported 28.4 per cent growth in Q1FY23 consolidated net at Rs 191.47 crore, and total income rose by 41.2 per cent YoY to Rs 1,100.33 crore on a YoY basis.

Analysts expect FII flows to Indian equities to pick up in H2

However, analysts do caution against intermittent phases of withdrawals by FIIs given macro-economic developments across major world economies

'Long-term capital gains tax relief will be a game-changer for the markets'

Retail investors in India are by default optimistic. They are strong believers in the long-term story of India, and rightly so, says Sandeep Bhardwaj of IIFL Securities.

Hero MotoCorp soars 4%, nears 52-week high on hopes of healthy Q1 results

The company expects the positive trend to continue in the coming months, on the back of a decent monsoon, and encouraging farm activity.