Page 6 - Markets

VA Tech Wabag rallies 7%, hits 3-month high on strong growth outlook

The company has won a design, build and operate (DBO) order in Bangladesh worth Rs 800 crore, fully funded by World Bank & AIIB

TMS Ep395: IPCC final warning, extreme summer, gold stock, T-bills

What is IPCC's 'final warning' on global warming? Is India ready for an extreme summer? Will gold glitter in the near term? What are T-bills, and what does inversion of yield mean? Answers here

Gautam Adani lost Rs 3,000 crore a week in 2022-23: M3M Hurun report

The combined market-capitalisation (market-cap) of all listed Adani group firms has plunged nearly Rs 7.11 trillion since January 24 when the Hindenburg report was made public

4 reasons why HSBC thinks Zomato is a great buy at the current levels

HSBC said, Zomato has seen an improvement in the market share it lost to Swiggy, thanks to the launch of Zomato Gold

Anupam Rasayan hits 6-month high; zooms 40% in 5 weeks on strong outlook

Analysts are positive on the company's long term growth trajectory on the back of a robust product launch pipeline especially in high value fluorination chemistry

Sobha slips 5%, nears 52-week low on raid by Income-Tax department

Sobha announced that a search by the Income Tax Department is being carried out at the registered office and other premises of the company

Powered by US boutique investment firm GQG, FPIs turn net buyers

FPIs bought equities worth $1.52 billionbetween March 1 and 15, the most since November 2022, acco­rding to National Securities Depo­sitory data

Shining bright: Record high prices to weigh on demand for gold

Domestic prices are up 8 per cent in the last fortnight; international gold price trades around $1,970 after breaching $2,000 on Monday

Benchmark indices rebound on global trends, buying in Reliance Industries

The benchmark S&P BSE Sensex rose 445 points to end the session at 58,074 - a gain of 0.7 per cent

Steep decline in new mutual fund investors in FY23, shows data

Number for 11 months stands at 3.7 mn against nearly 10 mn last year

HZL to pay Rs 10,990-crore interim dividend at 1,300% of face value

The Rajasthan-based miner will pay an interim dividend of 26 rupees per share, according to an exchange filing Tuesday

UBS on track for biggest gain since Mar 2020 post Credit Suisse takeover

UBS Group AG jumped as much as 10%, on track for its biggest gain since March 2020, as investor optimism about the takeover of its largest rival gathered pace

Shares rise after Credit Suisse deal, but investors fear another surprise

Global shares rose, after the rescue of Credit Suisse arrested a rout in bank stocks, but signs of stress in the financial system are making investors wonder if another lender may deliver a surprise

Zee Entertainment zooms 14% in 4 days on hopes of settlement with lenders

Zee had said that the company had been exploring several strategies, including settlement, in relation to the ongoing dispute with IndusInd Bank

Manappuram Finance extends gain; stock rallies 14% thus far in March

In the past one week, the stock has rallied 6 per cent, as compared to 0.11 per cent decline in the S&P BSE Sensex

Crypto decouples from global financial markets amid banking sector gloom

The collapse of several banks in the last two weeks has spread fears of contagion in global markets, but crypto markets saw a bull run, with Bitcoin climbing to its nine-month high on Monday

Stocks to Watch: Indian Oil, NTPC, HDFC AMC, Uno Minda, Sterling and Wilson

Stocks to Watch: RIL/ONGC/Oil India may be in focus as the windfall tax on crude petroleum has been reduced to Rs 3,500/tonne from Rs 4,400/tonne

Gold price hits lifetime high of Rs 59,241 amid strong global trends

Spot gold was down 0.6 per cent at $1,976.60 per ounce, as of 6.48 pm India time, while U.S. gold futures rose 0.5 per cent to $1,983.20

Banking turmoil: Credit Suisse, UBS stocks see wild swings after deal

Credit Suisse nosedives 64%; UBS falls 15% in early trade but recovers later

Sensex crashes over 900pts intra-day: 5 factors behind Monday's market rout

Analysts attribute fallout in domestic equities due to investors' fear of a domino effect after the collapse of big financial institutions in the US, and Europe