Markets
Analyst Corner — Zomato: Retain ‘buy’ with slightly higher PT at Rs 175
Following a strong 1Q, we raise FY22-24 revenue estimates by around 10-20%, primarily based on higher GOV (which in turn are based on higher MTUs).
Highlights
Rising fuel prices: Tamil Nadu announces tax cut of Rs 3 on petrol
The ruling DMK, among other assurances, had promised in the run-up to the April 6 assembly polls that it would reduce prices of petrol and diesel by Rs 5 and Rs 4 respectively. The main opposition AIA
Sebi revises format for promoters, promoter group entities’ shareholding disclosure
"In the interest of transparency to the investors, all listed entities shall now provide such shareholding, segregated into promoter(s) and promoter group," Sebi said in a circular.
U.S. Stocks: Strong Disney earnings push S&P 500, Dow to new peaks
Disney jumped 3.1% after it topped Wall Street expectations for quarterly earnings as its streaming services picked up more customers than expected and pandemic-hit U.S. theme parks returned to profit
Sebi decides on marking lien on demat accounts
The measures will reduce the systematic risks associated with the movement of securities from the demat account of shareholders to clearing corporation account and vice versa and make the process more
QIP mechanism: Sebi makes e-book platform mandatory for NCDs portion
Currently, listing of NCDs of Rs 200 crore or above in a year is possible only if such issuance is through the electronic book mechanism.
Sensex trends: Here are some major market trends in 2021
Rallies above the 55,000-level for the first time and also closes above this mark; market capitalisation of BSE-listed companies jumps to an all-time high of Rs 2,40,23,280.14 crore
Sensex, Nifty claim fresh all-time highs on Friday; here’s what experts make of today’s trade
Bulls were in firm control on Dalal Street today pulling the benchmark indices to fresh all-time highs.
Investors accepting lower risk premium as economy recovers; growth upgrades needed to sustain valuations
Key domestic stock market indicators are now signaling that investors are willing to accept lower equity risk premium, domestic brokerage and research firm ICICI Direct said.
Go Colors files draft IPO papers with SEBI, plans to raise Rs 125 crore from fresh issue of shares
Go Fashion (India)-owned Go Colors has filed a draft red herring prospectus with capital market regulator SEBI to launch an IPO.
Sequoia Capital-backed ixigo files IPO papers with SEBI; looks to raise Rs 1,600 crore
Sequoia Capital-backed ixigo has filed a draft red herring prospectus with market regulator SEBI to launch Rs 1,600-crore IPO.
IRCTC stock to be split as firm looks to attract small investors; should you buy, or sell?
Indian Railway Catering and Tourism Corporation (IRCTC) has announced a stock split that will divide its shares into five equity shares.
F&O 18 August outlook: Nifty eyes 16,700, Bank Nifty 36,600 this expiry week; check support, resistance levels
NSE Nifty 50 index is eyeing 16,700 points target in the current week to 18 August options expiry. This week's expiry day is on Wednesday, 18 August 2021
Gold Price Today, 13 August 2021: Gold set for 2nd straight weekly fall, MCX silver tops Rs 62,000
Gold Rate Today, Gold Price in India on 13 August 2021: Gold prices were firm in India on Friday, even as global rates remained flat.
Zomato share price to surge higher? Bernstein sees another 27% rally post quarterly results
Zomato share price has so far soared 77% from the higher end of IPO price, but the rally could extend further according to analysts at global brokerage and research firm Bernstein.
Burger King, IRFC, ONGC, HAL, Eicher Motors, Ashok Leyland, ITC, Tata Steel, PFC stocks in focus
Nifty futures were trading flat on Singaporean Exchange, suggesting a cautious start for BSE Sensex and Nifty 50 on Friday
Petrol and diesel price today 13 August 2021: Rates constant for 27th day; check price in Delhi, Mumbai here
Petrol and Diesel Price Today in India: Petrol and Diesel rates on August 13 were left unchanged. Mumbai’s petrol cost is the highest across metro cities, standing at a staggering Rs 107.83 per litr
Analyst Corner: Upgrade BoB rating to ‘buy’ with revised TP of Rs 100
Asset quality trends were stable sequentially in a challenging environment, with fresh slippage at Rs 51.3 billion (annualized slippage rate of 3.1%).
SGX Nifty sits in red ahead of opening bell; 5 things to know before today’s trade
Entering the final trading session of the week, SGX Nifty was down 10 points in the red while global cues were mixed.
F&O expiry outlook 21 August: Nifty heads to 16,500 target, Bank Nifty may trade in 35500-36300 range
The sacrosanct support for the Nifty 50 index is now clearly visible at 16200 – 16170 in the near term.
Market Highlights: Nifty ends at 16,529, Sensex closes at 55,437; indices end at their highest closing levels
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic equity market benchmarks closed with gains on Friday. Broader markets closed mixed.
Crypto market hits $2 trillion again after three months as Bitcoin, Ethereum, altcoins jump
While Bitcoin jumped 19 per cent to a three-month high of over $46,500 on Wednesday, Ethereum scaled 21 per cent to more than $3,200. Likewise, Binance Coin was up nearly 19 per cent, Cardano around 2
Chemplast Sanmar IPO subscribed 2.17 times on closing day
The company's initial public offer (IPO) received bids for 8,66,38,140 shares against 3,99,52,829 shares on offer, as per data available with the exchanges.
U.S. Stocks: Wall Street slips after jobless claims, inflation data
The Labor Department's report showed the number of Americans filing new claims for unemployment benefits fell last week, as expected, while a separate reading showed U.S. producer prices rose more tha
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Top News
- Parliament is “temple of country’s democracy” to debate & decide issues of people’s well-being: President Kovind in address to the nation on eve of Independence Day
- 2021 Mahindra XUV700 India Launch: Safari challenger priced at Rs 11.99 lakh
- Corona LIVE: Karnataka to open schools for classes 9-12 in districts with under 2% positivity rate; Maharashtra reports 5,787 new cases
- Stage set for 75th Independence Day celebrations at the Red Fort
- EXCLUSIVE: Shift to hybrid model a strategic business opportunity for every organisation, says Microsoft
- Afghanistan Crisis Live: Taliban clearly trying to get Kabul isolated, says Pentagon spokesman; More US Marines arrive in Afghan capital
- Challenges for Theatre Commands
- UP Election 2022: Retired IPS officer Amitabh Thakur announces to fight poll against CM Yogi Adityanath
- Xiaomi prematurely confirms the Redmi 10, and it looks very promising
- 5 things to remember while investing in mutual funds when markets are high
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