Page 3 - Markets

GQG Partners sees $2 billion Adani bet delivering returns over 100%

The Adani Group lost as much as $153 billion in market value after a US short-seller accused the conglomerate of stock-price manipulation

Pricol hits record high on heavy volumes; surges 30% in last 10 sessions

Pricol is expected to register steady business performance on healthy demand for its products from OEMs and export customers and sustain its operating profitability at current levels, as per analysts

Sebi's MF Lite plank for passive funds seen boosting India ETF landscape

Industry experts say it could help attract global players

Opec+ output cut opens door to others for battle over Asia's oil demand

A surprise cut in oil production from OPEC+ is now setting the stage for other producers to vie for markets in Asia

Jefferies assigns Rs 134-224 per share for Jio Financial Services

Listing and value unlocking to be the key event for RIL's stock price, says Nomura

Opec-plus cut weighs on OMC shares, BPCL and HPCL shed over 4% each

Analysts said Street is worried that sustained oil price hike could put pressure on OMC margins as govt may not pass the entire burden on to customers

KPIT shares plunge 12.5% after JPMorgan report takes 'underweight' call

The brokerage has assigned a target price of Rs 520, or 36 per cent lower that KPIT's last closing price of Rs 810

Rs 414 cr paid to 34,497 Karvy clients from NSE's investor protection fund

The government on Monday said Rs 414.24 crore has been paid to a total of 34,497 clients of Karvy Stock Broking Ltd (KSBL) from the National Stock Exchange's (NSE) investor protection fund till March 2023. In addition, NSE along with other market infrastructure institutions (MIIs) have also monetised the mutual fund distribution business of KSBL, and funds amounting to Rs 150 crore have been realized and the same is being utilized for distribution to clients of KSBL, Minister of State for Finance Pankaj Chaudhary said in a written reply to Lok Sabha. The case pertains to Karvy unauthorisedly transferring securities of its clients in one of its demat accounts by misusing Power of Attorney (PoA) given to its clients. NSE and BSE suspended trading terminals of KSBL from December 2, 2019 and declared it a defaulter on November 23, 2020 for misusing clients' funds and securities. Moreover, NSE has declared 32 stock brokers as defaulters in the past five years for failing to comply wit

Here's why KPIT Technologies tumbled 8% on Monday

JP Morgan has initiated coverage on the stock with an "underweight" rating and a target price at Rs 540 per share

ONGC, Oil India surge up to 6% as oil prices rise post OPEC+ output cut

Sustained higher crude oil prices and gas realisations can result in better profitability for upstream oil and gas companies, analysts said

Orient Electric dips 5%, nears 52-wk low as MD & CEO Rakesh Khanna resigns

The company has appointed Rajan Gupta as Additional Director and the Managing Director & Chief Executive Officer of the company

TMS Ep402: NCLAT relief to Google, T20 WPL, markets, Trump indictment

How will NCLAT relief to Google affect you? What next for the Women's Premier League? Which factors will guide markets in FY24? Why has Donald Trump been indicted? All answers here

Markets log biggest 1-day jump in over 4 months; RIL, ICICI lead charge

Three-month losing run ends; RIL, ICICI Bank lead charge

With policy ammunition, defence stocks continue to yield strong returns

Most sector PSUs ended FY23 with strong order books

Recap FY23: Five key events that shaped equity markets this fiscal year

The turbulence in FY23 can be attributed to a concoction of interest rate hikes, foreign investment outflows, a global war, soaring food, fuel prices and a global banking crisis

Vedanta slips 2% in a strong market after nearly 2% equity changes hands

A combined 69 million shares, representing 1.86 per cent of total equity of Vedanta, have changed hands on the NSE and BSE so far

Astec Lifesciences zooms 37% in two days on heavy volumes

With the rally in the past two days, the stock has bounced back 40 per cent from its 52-week low of Rs 1,050 touched recently on Tuesday, March 28

Stock markets closed today: Check full list of 2023 market holidays here

Share market holiday: According to the list of trading holidays on the website of BSE, apart from today's holiday, the stock market will remain closed for 12 more days in 2023

TMS Ep400: SC on bank frauds, rising interest rate, markets, municipal bond

Why did RBI fail to convince SC on bank frauds? What should borrowers do amid rising interest rates? Which sectors should you bet on in FY24? What are municipal bonds? All answers here

Benchmark Sensex gains 346 points on firm trends in global markets

Buying in services, realty, commodities and auto stocks also added to the positive momentum