Page 700 - Si Reporter/undefined

MARKET WRAP: Sensex up 371 pts as financials surge; IndusInd Bank zooms 17%

All that happened in the markets today

Just Dial zooms 10% as board to consider share buyback proposal

The board of directors of the company will meet on Thursday, April 30, 2020 to consider and approve the proposal for buy-back of fully paid up equity shares of the Company.

OMCs gain as crude oil prices extend fall; HPCL, BPCL advance 1%

Upstream companies like ONGC and Oil India slipped up to 2 per cent on the BSE

Stocks to watch: RIL, IndusInd Bk, Axis Bank, HDFC Life, oil-linked stocks

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

MARKET WRAP: Sensex ends 743 pts higher as RIL jumps 10% on Facebook deal

All that happened in the markets today

Bajaj Healthcare locked in 10% upper circuit; hits record high on HCQ boost

The stock has rallied 28 per cent in the past four days after getting Gujarat Food and Drug Administration's (FDA) nod to manufacture hydhroxychloroquine sulphate.

Asian Paints gains 5% amid a historic drop in oil prices, nears record high

The stock has rallied 21% in the past month.

RBL Bank stock hits new low of Rs 102, tanks 67% in two months

Axis Capital expects RBL Bank to report 71.5 per cent year-on-year (YoY) drop in net profit at Rs 70.5 crore.

Aurobindo extends rally after US FDA clears Unit IV, zooms 133% in a month

The stock hit a 52-week low of Rs 281 on March 23, 2020

Laurus Labs surges 50% in one month on growth prospects in US market

The stock hit a 52-week high of Rs 494, up 9 per cent on the BSE on Wednesday, surging 20 per cent in past two trading days on expectation of strong growth prospects in United States.

ACC stock gains over 3.6% post-March quarter results; turns flat later

ACC's volumes were down 13 per cent YoY to 6.56 million tonnes due to the shutdown of operations from March 24, 2020

Reliance Industries gains 7% as Facebook to buy 9.9% in Jio for $5.7 bn

US tech giant Facebook would invest Rs 43,547 crore ($5.7 billion) in the company's wholly-owned subsidiary Jio Platforms to expand its presence in India.

Stocks to watch: RIL, ACC, Den Networks, Federal Bank, oil-linked stocks

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

Dr Reddy's Labs hits over 4-year high, surges 62% from March low

Analysts believe Dr Reddy's US business, which has been facing revenue pressure, is likely to rebound with new product launches and the gradual normalization of price erosion in its key products.

ICICI Bank skids 9% on $100 mn exposure to troubled Singaporean oil trader

According to news agency Reuters, the founder and director of Hin Leong Trading Pte (HLT), Asia's largest oil trader, directed the firm not to disclose these losses

Multiplex operators trade weak; PVR tanks 10%, Inox Leisure hits 52-wk low

Foreign portfolio investors reduced their stake in multiplex operators by up to 5 percentage points in Q4FY20

Bajaj Finance dips 8% after UBS downgrades it to 'Sell', cuts target price

The Covid-19 induced slowdown, UBS believes, could have worse impact on the auto finance segment than demonetissation or global financial crisis, casting shadow on the NBFC's loan segment

Nifty Metal index tanks 6%; Jindal Steel, Tata Steel, Hindalco down over 7%

A prolonged Covid-19 outbreak would reduce demand for the metals while disruptions in the supply chains would impact the availability of the metals in the physical markets," ICRA said.

Aurobindo Pharma gains 15% as USFDA grants VAI to Unit IV facility

The facility remains important as it contributes more than 10 per cent to Aurobindo's overall sales and about 20 per cent of the US sales

Oil & gas stocks tumble as US oil price collapses; ONGC declines over 6%

Among oil marketing companies, Indian Oil Corporation (IOC) was down over 3 per cent at Rs 84.85