Page 2 - Stocks

Six of 10 Adani stocks hit upper circuit on $3-billion loan buzz

Stocks of all the ten listed Adani Group firms ended with gains on Wednesday, continuing the positive momentum amid a recovery in the broader equity market. Adani Enterprises stock jumped 14.70 per cent to settle at Rs 1,564.55 on the BSE. In intra-day trade, it rallied 15.83 per cent to Rs 1,580. In two days, the company's stock has climbed 31 per cent. The market valuation of Adani Enterprises has jumped Rs 42,219.95 crore in two days. Adani Transmission advanced 5 per cent, Adani Green Energy rose 4.99 per cent, Adani Wilmar gained 4.99 per cent, NDTV rallied 4.99 per cent and Adani Power climbed 4.98 per cent. Shares of Adani Total Gas jumped 4.85 per cent, Ambuja Cements (3.32 per cent), ACC (2.14 per cent) and Adani Ports (1.61 per cent). The broader equity market also recovered after falling in the past eight trading sessions, with the BSE Sensex climbing 448.96 points or 0.76 per cent to settle at 59,411.08 points. The cumulative market valuation of the ten companies st

Adani stocks add Rs 30,000-crore market cap despite selling by ETFs

Shares worth Rs 1,200 crore of AEL and Rs 130 crore worth of ACC got offloaded by MSCI trackers; Yet AEL closed 14.2% up, while ACC added over 2%

Debt funds may again draw investors' attention as yields improve

Yields of popular debt schemes touch 7.5%, the highest since Covid outbreak

No respite for Adani Group firms from market carnage, loses over $140 bn

The total market cap of the group has now been reduced to just Rs 7.6 trillion, down from more than Rs 20 trillion at the start of the year

Oil & gas, power form bulk of stocks sold by FPIs in first fortnight of Feb

Financial services, IT, capital goods among favoured sectors, with FPIs buying stocks worth over Rs 5,600 cr in these spaces

Hindenburg row: Adani group reassures investors as stocks plunge further

Says business plans "fully funded" after reports about revenue target cut and capex halt

Sensex extends losses for second day; IT and bank stocks top drags

Equity benchmark Sensex declined around 251 points on Monday, pressured by heavy selling in IT and bank stocks amid a mixed trend overseas. A weak rupee further weighed on sentiment, traders said. Sliding for the second straight session, the 30-share BSE Sensex ended 250.86 points or 0.41 per cent lower at 60,431.84. During the session, the index touched a high of 60,740.95 and a low of 60,245.05. On similar lines, the broader NSE Nifty dropped 85.60 points or 0.48 per cent to finish at 17,770.90. SBI was the biggest loser in the Sensex pack, tumbling 2.83 per cent, followed by Infosys, TCS, Bajaj Finance, Tech Mahindra, Wipro and Axis Bank. In contrast, Titan, L&T, NTPC, Power Grid, Sun Pharma, ITC and HDFC twins were among the prominent winners, rising as much as 1.97 per cent. In the broader market, the BSE midcap and smallcap indices dropped up to 1.25 per cent. Elsewhere in Asia, markets in Tokyo, Hong Kong and Seoul closed in the red, while Shanghai settled higher. Equity

Street Signs: Anchor lock-in expiry, reversal of fortune for ETFs & more

Stocks of Archean Chemical Industries, 5 Star Business Finance, Kaynes Technology India, and Inox Green will be watched keenly this week as 90-day anchor lock-in period in these counters expires

Data science company Tredence announces ESOP buyback worth $30 mn

Firm that employs 2,000 has 80% of its workforce in India, got $175 mn in funding last year

AEL adds another 20%, 7 Adani stocks up as group boosts investor confidence

M-cap back above Rs 10-trillion mark; Adani Transmission, Adani Wilmar, Adani Power and NDTV hit upper limit of 5%

Stable cash flows to aid Adani Group's debt commitments: Rating firms

Ind-Ra said there is no immediate impact on the ratings of Adani Group entities, following the recent short-selling report

Budget 2023: From Ashok Leyland to L&T, brokerages bet on cyclical stocks

Here are 10 stocks across sectors that are expected to gain the most from the various proposals

Adani strikes back at Hindenburg. But can he win the perception war?

The Adani group has lost $50 billion in stock-market value over two trading days

Stocks to Watch: ITC, IndusInd Bk, Adani Transmission, Tata Metaliks, RVNL

Stocks to watch today: Tata Metaliks reported a sharp fall of 73 per cent in its December quarter net profit at Rs 9.48 crore, on account of increased expenses

Stocks to Watch: RIL, Adani Power, Siemens, Angel One, Bank of Baroda, M&M

Stocks to watch today: Bank of India, Delta Corp, ICICI Prudential Life Insurance Company, Metro Brands, and Network18 Media are some of the companies slated to report their Q3FY23 results on Tuesday

Lessons from the biggest multibaggers

While banks are paying you 6-7 per cent per annum, every few years a handful of stocks can go up 100 per cent or more. Over 10 years some stocks can go up manifold

European stock indexes rise on 'soft landing' hopes, China reopening

The euro was up 0.3% at around $1.0673, versus a 1.2% jump on Friday

Stocks skid for second day as hawkish Fed weighs; Bajaj Finance falls

Continuous foreign fund outflows added to the selling pressure, market participants said.

Play safe, but play to win: From ITC to L&T, best blue-chips for 2023

Keep your portfolio safe for 2023 with these 10 blue-chip bargains

Sah Polymers IPO subscribed 86% on first day, RII subscribed 2.07 times

The initial public offer of Sah Polymers was subscribed 86 per cent on the first day of subscription on Friday. The initial share-sale received bids for 48,04,470 shares against 56,10,000 shares on offer, according to data available with the NSE. The category meant for Retail Individual Investors (RIIs) received subscription for 2.07 times, non-institutional investors was subscribed fully and Qualified Institutional Buyers (QIBs) 38 per cent. The IPO has a fresh issue of 1.02 crore equity shares. The price range for the offer is Rs 61-65 a share. Pantomath Capital Advisors is the manager to the offer. The Udaipur-based company provides tailored bulk packaging solutions to business-to-business producers in a variety of industries, including agro pesticides, basic drugs, cement, chemicals, fertilisers, food products, textiles, ceramics, and steel. The equity shares are proposed to be listed on the BSE and NSE.