t Niva Bupa Health Insurance IPO Day 3 Highlights: Niva Bupa IPO subscribed 1.80 times By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 09:49:54 +0530 Niva Bupa Health Insurance IPO, Niva Bupa IPO GMP Updates November 11, 2024: Track Niva Bupa Health Insurance IPO subscription status here Full Article Stocks
t Asian Paints Share Price Highlights November 11, 2024: Asian Paints stock closes 8% lower post Q2 results By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 10:06:39 +0530 Asian Paints Stock, Asian Paints Share Price Updates November 11, 2024: Shares of Asian Paints in focus Full Article Stocks
t Rupee falls 1 paisa to all-time low of 84.38 against US dollar in early trade By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 10:20:26 +0530 Meanwhile, the dollar index was trading higher by 0.05 per cent at 105.05 Full Article Forex
t Market opens lower as China stimulus disappoints; Asian Paints slumps 8% By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 10:28:08 +0530 China’s announcement of a five-year package totaling 10 trillion yuan ($1.4 trillion) to tackle local government debt problems fell short of market expectations Full Article Markets
t Hindalco expected to report 65% rise in Q2 profit on lower cost By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 11:00:48 +0530 The Aditya Birla Group company expects to report a net profit of ₹3,625 crore in Q2 against ₹2,196 crore last year in the same quarter Full Article Companies
t The fear that rupee will depreciate sharply post Trump 2.0 is unfounded: SBI Research By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 11:11:18 +0530 While the report acknowledged that Trump’s victory introduces a mix of challenges, it also presents long term incentives to expand its manufacturing, diversify export markets, and enhance economic self-reliance Full Article Forex
t INOX India bags major LNG terminal contract in the Bahamas By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 11:32:53 +0530 The terminal, set to be the company’s largest mini-LNG facility to date, will provide shore power to cruise ships at the Nassau Cruise Port Full Article Stocks
t RattanIndia enters stationery market with new brand Neomate By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 11:57:49 +0530 The product line includes desk organizers, reusable whiteboard stickers, dual-tip markers with triangular grips, and acrylic paint markers available in 12 and 24 color sets Full Article Stocks
t Asian Paints stock tumbles 9% following Q2 results By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 12:09:49 +0530 Asian Paints’ Q2 net profit declined 43.71% due to weak demand, material price inflation, material price inflation, and performances of the decorative and coatings business. Full Article Stocks
t Alembic Pharma gets USFDA nod for generic heart medication By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 12:29:57 +0530 The approved medication, therapeutically equivalent to Bausch Health’s Cardizem CD Extended-Release Capsules, is used to treat hypertension and manage chronic stable angina Full Article Stocks
t Markets reverse early losses, Power Grid leads gains while Asian Paints tumbles By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 12:58:20 +0530 The market recovery came despite a weak opening influenced by China’s stimulus concerns and continued foreign investor selling Full Article Markets
t Nupur Recyclers to enter Lithium-ion battery market By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 13:08:30 +0530 Nupur Recyclers is currently focused on non-ferrous metal scrap processing. It will establish a state-of-the-art plant dedicated to handling both metal scraps and lithium-ion battery recycling Full Article Stocks
t HFCL consortium wins ₹8,100 crore BharatNet phase III bids By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 14:21:08 +0530 The shares of HFCL Limited were trading at ₹128.89 up by ₹2.10 or 1.66 per cent on the NSE today at 1.40 pm Full Article Stocks
t LG to add Axis to arrange $1.5 billion Mumbai listing By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 14:31:15 +0530 The South Korean company has selected the Indian bank as it moves forward with a share sale in Mumbai, the people said, asking not to be identified because the matter is private Full Article Companies
t Norton Motorcycles announces CEO exit, new dual leadership structure By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 15:22:56 +0530 The company has implemented a new leadership structure, dividing operations between two executive directors Full Article Stocks
t Mastek ranks in ISG’s Top 15 Global Tech Services Providers for Q3 2024 By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 15:36:59 +0530 The achievement comes as Mastek expands its AI capabilities, recently launching iConnix, a GenAI portfolio featuring over 120 AI assets and 4 AI platforms Full Article Stocks
t Brokerages bullish on LIC post Q2 results; shares gain By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 15:55:56 +0530 The State-owned insurer recorded 12 per cent growth in net premium income at ₹1,19,901 crore during the quarter under review Full Article Stocks
t As production drops in Guatemala, Indian cardamom may gain on Ramadan demand By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 16:16:03 +0530 Prices projected to top ₹3,500 a kg during January-March 2025 Full Article Agri Business
t Sensex, Nifty close flat amid unabated foreign fund outflows, muted earnings By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 16:42:36 +0530 The NSE Nifty dipped marginally by 6.90 points or 0.03 per cent to 24,141.30 Full Article Markets
t BSE, NSE end flat after volatile session; Asian Paints tanks 8% post earnings By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 16:45:43 +0530 The indices recovered from early losses but failed to maintain momentum through the session Full Article Stocks
t SCI shares gain 7% on robust Q2 net profit By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 17:00:30 +0530 Revenue rose to ₹ 1,491.23 crore, compared to ₹ 1,161.89 crore in the previous year Full Article Stocks
t Biocon shares gain 9 per cent after USFDA inspection of Bengaluru unit By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 17:04:02 +0530 The scope of the inspection covered six distinct biological units, including four drug substance manufacturing facilities and two drug product manufacturing plants Full Article Stocks
t ITI emerges lowest bidder for three BharatNet packages; shares up 11 % By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 17:23:44 +0530 ITI was the lowest bidder for the ₹1,537-crore Project 15 spread across Arunachal Pradesh, Nagaland and Manipur Full Article Stocks
t Shriram AMC launches multi sector rotation fund By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 19:02:13 +0530 The multi-sector rotation fund will rotate investment across trending sectors Full Article Markets
t MF equity assets drop even as inflows remain strong By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 19:03:42 +0530 AUM hit by mark-to-market loss, inflows touch ₹Rs 41,887 cr Full Article Markets
t Start-ups line up for IPOs amid bullish market, investor demand By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 19:57:53 +0530 VC-backed companies are now looking at the euphoria in the market to list and return capital to their investors Full Article Companies
t RBI allows FPIs to reclassify investments above the prescribed limit in a company as FDI By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 20:46:46 +0530 Move aimed at enhancing the ease of doing business, streamlining compliance and attracting foreign investments Full Article Companies
t Qualified brokers to provide clients UPI block or 3-in-1 trading account from February 1 By www.thehindubusinessline.com Published On :: Mon, 11 Nov 2024 21:34:38 +0530 QSBs’ clients will have the option to either continue with the existing facility of trading by transferring funds to the brokers or opt for either of the facilities Full Article Markets
t Stock Market highlights: Sensex slides 820 points to 78,675, Nifty settles 257 points lower at 23,883 By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 06:38:55 +0530 Sensex, Nifty, Share Prices: The benchmark indices Sensex and Nifty, which traded on a weak note on Tuesday, settled 1 per cent lower for the day. Sensex closed at 78,675.18, lower by 820.97 points or 1.03 per cent, and Nifty 50 ended at 23,883.45, down by 257.85 points or 1.07 per cent. Barring the Nifty IT and Realty indices, all the sectoral indices are in red and led by bank stocks. As the Q2 earnings season concludes, analysts anticipate fund flows influencing market direction amid ongoing volatility. Gaurav Garg of Lemonn Markets Desk suggests that traders adopt hedged strategies focusing on selective stocks. Large-cap stocks are expected to perform relatively better as valuation pressures mount on the broader market. DSP Mutual Fund highlighted that mid-cap and small-cap indices have reached peak valuations, while large-cap stocks show signs of outperformance. Continued foreign portfolio outflows add to market volatility, but Pantomath Group’s ‘Market Kaleidoscope’ report points to India’s infrastructure push and rising private investment as economic stabilisers. Globally, Asian markets opened mixed, with gains in China and Japan offset by weaker Taiwanese and Korean indices. Full Article Markets
t Stocks that will see action today: November 12, 2024 By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 07:56:28 +0530 Buzzing stocks: Max Healthcare, HFCL, Welspun, PowerGrid, Waaree Renewable, Ambuja Cements, Hyundai, Samvardhana, GIC, BSE, FSN e-Commerce, 3m India, Suven Pharma, eIH, RPower, Sundaram-Clayton Full Article Markets
t Domestic markets likely to open flat amid mixed global cues; analysts eye fund flows post earnings season By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 08:20:17 +0530 A report from DSP Mutual Fund indicates a shift favouring large-cap stocks over small and mid-caps, as the latter reach high valuation levels Full Article Markets
t Asian Paints earnings slump sparks doubt on some quality stocks in India By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 09:15:23 +0530 The emerging view is that likely immigration curbs may no longer hurt tech companies as much as they once did. At the same time, likely tax cuts could leave US companies with a bigger pool of money for discretionary spending, some of which might flow to Indian IT firms Full Article Markets
t STT collection hits ₹36,000 crore, reaching 97% of Budget target amid market rally By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 09:33:03 +0530 Implemented in 2004, STT is designed to combat tax evasion on capital gains and has undergone various adjustments to its rates and structure since its inception. Full Article Markets
t Crude oil futures trade lower as China stimulus measure fails to boost market By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 09:36:36 +0530 At 9.57 am on Tuesday, January Brent oil futures were at $71.77, down by 0.08 per cent, and December crude oil futures on WTI (West Texas Intermediate) were at $67.97, down by 0.10 per cent Full Article Commodities
t Hindalco, Ramco Cements, Sagility India Share Price Highlights November 12, 2024: Ramco Cements stock closes 5% higher, Sagility stock declines 6% on day one of listing By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 10:08:58 +0530 Hindalco, ONGC, Ramco Cements & Ambuja Cements Share Price Highlights; Sagility IPO Listing November 12, 2024 Full Article Stocks
t Rupee falls 2 paise to all-time low of 84.40 against US dollar in early trade By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 10:20:01 +0530 At the interbank foreign exchange, the rupee opened at 84.39 against the greenback, then fell further to an all-time low of 84.40, registering a fall of 2 paise over its previous close Full Article Forex
t Inox Wind bags 87 MW wind energy project from Continuum Green Energy By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 11:02:59 +0530 Full Article Markets
t Sagility India shares debut 3.53% higher By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 11:25:57 +0530 The stock made its debut at ₹31.06, up 3.53 per cent from the issue price on both the BSE and NSE, later, it jumped 7.2 per cent to ₹32.16 on the BSE Full Article Markets
t Rosmerta Digital Services IPO to open on Nov 18; eyes ₹206 cr By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 13:12:24 +0530 Full Article Markets
t Ramco Cements stock gains 5% as Q2 results beat street estimates By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 13:23:53 +0530 Analysts offered mixed reviews; Jefferies issued an underperform rating with a target price reduction from ₹690 to ₹680, while Motilal Oswal maintained a neutral stance with a target of ₹880. Full Article Stocks
t Servotech Power Systems secures 2 MW on-grid solar project from UP govt By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 13:52:51 +0530 Full Article Markets
t Negative IOD likely to emerge this month, says Australian weather agency By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 15:53:38 +0530 The weather event may affect India; no signs of La Nina evolving until Feb 2025 Full Article Agri Business
t Rupee drops lower, down 1 paisa at fresh all-time low of 84.39 against US dollar By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 16:30:49 +0530 Rupee pressured by continued foreign fund outflows and a firm dollar overseas Full Article Forex
t Sensex, Nifty drop 1% on sustained foreign fund outflows, weak global trends By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 16:49:52 +0530 Sun Pharma, Infosys and ICICI Bank were the top gainers on the Sensex Full Article Markets
t Weak global cues, strong dollar drag markets lower By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 19:24:51 +0530 Sensex sheds 820 points, Nifty down 257 points Full Article Markets
t Lack of govt control on retail outlets blamed for soaring onion prices By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 19:53:23 +0530 Rains in Maharashtra delay kharif arrivals; prices likely to drop in a fortnight Full Article Agri Business
t Stocks that will see action today: November 13, 2024 By www.thehindubusinessline.com Published On :: Wed, 13 Nov 2024 06:38:11 +0530 Buzzing stocks: United Spirits, Tata Chemicals, MTNL, Aurobindo Pharma, LCC Infotech, Tata Power, Federal Bank, EMS, Eicher Motors, Apollo Tyres, Allcargo Terminals, Vodafone Idea, Happiest Minds, Brigade, ESAF Small Finance Bank, NBCC, Kalyan Jewellers, Garden Reach, Unichem Lab, Dredging Corp, AstraZeneca Pharma. Prism Johnson, PI Industries, Shilpa Medicare, Thermax and Thomas Cook Full Article Markets
t Stock Market Live Updates 13 November 2024: Gift Nifty signals gap-down opening as market faces earnings and inflation pressures By www.thehindubusinessline.com Published On :: Wed, 13 Nov 2024 06:46:07 +0530 Sensex, Nifty, Share Prices LIVE: Gift Nifty indicates a likely 100-point gap-down opening for Nifty at 23,870 on Wednesday as global markets remain weak. Analysts cite concerns over an earnings slowdown and persistently high inflation; Jefferies India downgraded full-year earnings for 63% of the 121 large companies it covers due to economic slowing. India’s retail inflation surged to a 14-month high of 6.21% in October, with steep rises in food and metal prices potentially influencing the RBI’s December policy stance. A continued hold on rates seems likely, but analysts at AngelOne note a shallower rate-cut cycle ahead for India, mirroring the US trend. Options data signals resistance around 24,500 due to heavy call writing and support near 23,500, with a bearish put-call ratio drop to 0.52. India VIX rose to 14.60 (+2.40%), suggesting caution; however, lower volatility generally supports bullish sentiment, according to SAMCO’s Dhupesh Dhameja. Full Article Markets
t Nifty faces bearish pressure amid economic slowdown and rising inflation By www.thehindubusinessline.com Published On :: Wed, 13 Nov 2024 07:02:56 +0530 Analysts indicate significant pressure on mid-cap and small-cap sectors as a substantial portion of companies fail to meet expectations Full Article Markets
t Swiggy’s stock market debut: Will it deliver listing gains? By www.thehindubusinessline.com Published On :: Wed, 13 Nov 2024 07:39:15 +0530 With large IPOs like LIC and Hyundai India faltering, Swiggy’s listing today is expected to be muted, as analysts remain cautious amid subdued retail demand and challenging market conditions Full Article Markets