Page 700 - Si Reporter

MARKET WRAP: Stocks roiled on coronavirus fears, Sensex plunges 807 pts

All that happened in markets today

Max Financial extends rally on Axis Bank deal, up 15% in two days

Axis Bank, Max Financial, and Max Life signed a confidentiality and exclusivity arrangement to explore the possibility of Axis Bank entering into a long-term strategic partnership with Max Life

Metal shares tumble as coronavirus cases jump in South Korea, Italy

The IMF has predicted the epidemic would shave 0.1 percentage points off global growth

Bharti Infratel up 10% post DoT nod to Indus Tower merger; Board meet today

The approval comes at a time when the telecom companies stare at Rs 1.47 trillion in unpaid dues in the adjusted gross revenue (AGR) issue

Aurobindo Pharma slips 17% as USFDA revokes VAI status for Unit-IV

Currently, Unit 4 has 15 abbreviated new drug applications (ANDA) approvals pending over the next one year.

GMR Infra jumps 10% as France's Groupe ADP to buy 49% stake in GMR Airports

As part of the terms of transaction, GMR will retain management control over the Airports Business with Groupe ADP having the customary rights

Stocks to watch: Aurobindo Pharma, Bharti Airtel, Infratel, Vodafone Idea

Here's a look at the top stocks that may remain in focus today

Insurance stocks tumble; ICICI Pru, SBI Life tank 11%, HDFC Life dips 10%

Presenting the Budget for 2020-21, Finance Minister Nirmala Sitharaman said the government now proposes to sell a part of its holding in LIC by way of Initial Public Offer (IPO)

MARKET WRAP: Sensex tumbles almost 1,000 pts as Budget disappoints D-St

All that happened in the markets today

Pump stocks rally on budgetary sops; Shakti, Roto Pumps zoom 20%

While presenting the Budget for 2020-21, Finance Minister Nirmala Sitharaman said that 2 million farmers would be provided funds to set up grid-connected 1.5 million solar pumps.

IDBI Bank rallies 17% as FM Sitharaman proposes to sell entire govt stake

The government, which continues to be a promoter, holds around a 46.5 per cent stake in IDBI Bank and is classified as a private bank following LIC's acquisition.

IRCTC up for seventh straight session; zooms 106% against listing price

Institutional investors have hiked their holdings in IRCTC by 176 basis points to 7.1 per cent since its listing. Their stake in the company increased from 5.34% to 7.1% at the end of December quarter

Divi's Lab hits new high as Chippada unit gets zero USFDA observations

In the past month, Divi's Lab has outperformed the market by surging 10 per cent, as compared to 1.4 per cent decline in the S&P BSE Sensex

Tech Mahindra declines over 3% post Q3 numbers, pares losses later

In the past three months, Tech Mahindra outperformed the market by gaining 8 per cent, as compared to a 1.5 per cent rise in the S&P BSE Sensex till Friday.

HUL gains over 2% as Q3 volume growth beats Street expectations; ITC flat

HUL's profit before tax (PBT) grew 14.3 per cent to Rs 2,229 crore, while its net profit grew nearly 12 per cent Rs 1,616 crore year-on-year (YoY).

Tech Mahindra Q3 net profit slips 5% YoY to Rs 1,146 crore, revenue up 8%

In constant currency terms, revenue grew 4.3 per cent. In US dollar terms, revenue rose 5.1 per cent to $ 1,353 million.

Marico slips 6%, hits 52-week low on disappointing December quarter results

In Q3FY20, consolidated revenue from operations declined 2 per cent YoY at Rs 1,824 crore.

Colgate-Palmolive dips 6% on disappointing Q3 nos; volume growth slips QoQ

Net profit after tax for the quarter grew 3.6 per cent to Rs 199 crore, as against a profit of Rs 192 crore in the year-ago quarter.

Godrej Consumer slips 8% post December quarter results

The stock erased its entire gain recorded during January.

Bajaj Auto Q3 net profit surges 8% to 1,322 cr, beats street expectations

The company registered its highest-ever export volume of 562,772 units during the quarter