Page 29 - Stock Market Trading
Fusion MicroFinance debuts on a weak note; sheds 9% against issue price
The stock tumbled over 9 per cent to Rs 334.40 as against the issue price of Rs 368 per share on the BSE and the NSE in morning trade on Tuesday.
 "Fusion MicroFinance debuts on a weak note; sheds 9% against issue price")
Rail Vikas Nigam zooms 62% in 16 trading sessions on strong order inflows
In the past three months, the stock price of RVNL has zoomed 90 per cent, as compared to a 3 per cent gain on the Sensex.
 "Rail Vikas Nigam zooms 62% in 16 trading sessions on strong order inflows")
ONGC up 3%, hits 4-month high post Q2 nos; board okays 35% interim dividend
Current trend in global oil & gas prices augurs well for ONGC, according to analysts.
 "ONGC up 3%, hits 4-month high post Q2 nos; board okays 35% interim dividend")
Mehul Kothari expects Ashok Leyland to break its all-time high; Check why
According to the technical analyst from Anand Rathi, Ashok Leyland can potentially break its all-time high at Rs 169.45, while he is also bullish on Lupin.
 "Mehul Kothari expects Ashok Leyland to break its all-time high; Check why")
Equity MFs book gains in October winners amid Rs 6,300 cr net purchases
Coal India, HCL Tech and L&T were among the most-sold stocks by domestic funds in October even as they rallied between 10% and 16%
 "Equity MFs book gains in October winners amid Rs 6,300 cr net purchases")
Here's why analysts are positive on Keystone Realtors' Rs 635-crore IPO
Keystone Realtors is primarily focused on residential real estate projects across affordable, mid and mass, aspirational, premium and super premium categories
 "Here's why analysts are positive on Keystone Realtors' Rs 635-crore IPO")
Sensex falls 171 pts, Nifty holds 18,300; Dr.Reddy's down 4%, LIC jumps 6%
CLOSING BELL: The key benchmark indices gyrated in a narrow trading band on Monday, before settling with losses as FMCG stocks slipped.
 "Sensex falls 171 pts, Nifty holds 18,300; Dr.Reddy's down 4%, LIC jumps 6%")
IndusInd, Ashok Leyland: Will Hinduja brothers' truce propel group stocks?
If IndusInd Bank breaks support at Rs 1,110, the stock can dip to Rs 1,000-mark; Whereas, Ashok Leyland needs to clear its near hurdle at Rs 160 for fresh strength to emerge.
 "IndusInd, Ashok Leyland: Will Hinduja brothers' truce propel group stocks?")
Stock of this auto ancillary company has doubled in just 5 months
Shares of Fiem Industries hit a new high at Rs 2,024.95, and have rallied 22% in the past two days after the company reported 54% YoY jump in its consolidated net profit.
 "Stock of this auto ancillary company has doubled in just 5 months")
Indian stocks cement haven status, set to extend lead over world peers
A return of foreign investors is bolstering the market, where the benchmark S&P BSE Sensex Index rose to an all-time high on Friday as risk assets rejoiced over a softer US inflation print
 "Indian stocks cement haven status, set to extend lead over world peers")
Transfer pay-outs to client's demat account within a day, says Sebi
Regulator issues fresh guidelines for unpaid securities
 "Transfer pay-outs to client's demat account within a day, says Sebi")
Nykaa gets a thumbs up from investors after a strong Q2 performance
Further gains in margins and growth acceleration in the fashion section are potential triggers
 "Nykaa gets a thumbs up from investors after a strong Q2 performance")
DCX Systems soars 48% on debut, shares worth Rs 1,090 crore change hands
Strong debut follows huge response to IPO, which was oversubscribed nearly 70 times
 "DCX Systems soars 48% on debut, shares worth Rs 1,090 crore change hands")
FTX to start US bankruptcy proceedings, CEO Sam Bankman-Fried to exit
Firm says it will begin process to review and monetise assets for stakeholders
 "FTX to start US bankruptcy proceedings, CEO Sam Bankman-Fried to exit")
Suryoday SFB reports Rs 13-cr Q2 net against Rs 1.92-cr loss a year ago
On a sequential basis, the bank's net profit rose 67.7 per cent from Rs 7.75 crore in April-June
 "Suryoday SFB reports Rs 13-cr Q2 net against Rs 1.92-cr loss a year ago")
Sensex leaps 1,181 pts, Nifty holds 18350 amid global rally; HDFC duo up 6%
CLOSING BELL: Barring minor downtick in the Nifty Auto, FMCG, and PSU Bank indices, all other sectoral indices advanced on the bourses. The Nifty IT index led from the front with around 4% surge
 "Sensex leaps 1,181 pts, Nifty holds 18350 amid global rally; HDFC duo up 6%")
3 reasons why Sensex rallied 1,181 pts Friday to hit fresh 1-year high
Stock market today: The Sensex, Nifty indices are now only around 1 per cent away from reclaiming their all-time highs of 62,245.43 and 18,604.45, respectively
 "3 reasons why Sensex rallied 1,181 pts Friday to hit fresh 1-year high")
Eicher Motors dips 5% on profit booking post firm September quarter results
The management also indicated at expansion in gross margins in coming quarters as input cost normalises with no production constraint as this point in time
 "Eicher Motors dips 5% on profit booking post firm September quarter results")
DCX Systems makes strong debut, stock lists at 39% premium over issue price
DCX listed at Rs 287, a 39 per cent premium over its issue price of Rs 207 per share on the National Stock Exchange (NSE) on Friday.
 "DCX Systems makes strong debut, stock lists at 39% premium over issue price")
Asia stocks surge as cooling inflation raises hopes that Fed will ease up
MSCI's broadest index of Asia-Pacific shares outside Japan jumped 3.72%. Australia's S&P/ASX 200 index climbed 2.43% and Japan's Nikkei rose 3%
 "Asia stocks surge as cooling inflation raises hopes that Fed will ease up")
