Page 1114 - Markets News

IT firm Persistent System shares slump 9% post Q4 results with flat margins

Shares of information technology company Persistent Systems slumped 8.6 per cent at Rs 3,550 on the BSE in Monday's intraday deals

IREDA surges 12% on heavy volumes post strong March quarter results

The company reported 33% YoY growth in net profit in Q4, and successfully reduced its net non-performing assets (NPAs) to 0.99 per cent from 1.66 per cent in the year ago quarter.

Bitcoin in April 2024: All you need to know about Halving event and impact

On Monday, Bitcoin traded at $65,000-mark as against the $63,000 level on Friday. Historically, Bitcoin has rallied post halving, will the trend continue? Here's all you need to know

Jio Fin Services zooms 4% on healthy Q4 numbers; profits rises 9%

On Friday, the company, which listed in August 2023, reported a net profit of Rs 311 crore for the January-March quarter of FY24. This was a 6 per cent increase from Rs 294 crore

Lupin rises over 3% after US FDA approves Mirabegron tablets

The surge came after the United States Food and Drug Administration (US FDA) on April 20, approved the launch of Lupin's Mirabegron extended-release (ER) tablets, 25 mg, in the United States

Shares of Gujarat State Petronet tank 20% on PNGRB's revised tariff order

Petroleum and Natural Gas Regulatory Board (PNGRB) issued a tariff order for GSPL's HP gas network. The revised tariff will be applicable from May 1, 2024

5 things to know before the market opens on Monday; Gift Nifty hints gap-up

Stock market preview April 22: HDFC Bank stock will react to Q4 results, Reliance eyed; global cues and FII flows are among key factors that will determine the market trajectory on Monday.

Indian forex, bond investors eye developments in Middle East, US inflation

The currency fell 0.1 per cent in the week to end at 83.47, and the losses would have been larger had it not been for the Reserve Bank of India's (RBI) intervention

Weekly charts reveal a bearish trend for Nifty 50: Here's how to trade

Analysing the Relative Strength Index (RSI) on weekly charts reveals a bearish signal, characterised by a pattern of lower tops and lower bottoms

Stocks to Watch on April 22: RIL, HDFC Bank, Wipro, Tata Group, Laurus Labs

Stocks to Watch on Monday, April 22, 2024: Reliance Industries, Rallis India, Mahindra Logistics, Hatsun Agro Product, and Tejas Networks will announce their March quarter earnings today

Guide to trade in Nifty Pharma, FMCG indices; check what charts suggest

According to Ravi Nathani, an independent technical analyst, the Nifty Pharma index is quoting close to its ley support at 18,325; hence one may consider a buy on dip strategy here.

Q4 result preview: Pipes to outperform other building-material segments

By comparison, categories like wood panel and tile-bathware could report mid to high single-digit growth rates

FPIs withdraw over Rs 5,200 crore in April so far from domestic equities

The major trigger for FPI selling was the tweak in India's tax treaty with Mauritius, which would now impose higher scrutiny on investments made in India via the island nation

Street Signs: Nifty at 20K, Musk's visit postponement impact on auto stocks

The consensus view among technical analysts is that a decisive break of this level could see the index slipping to the 21,700 level

Markets last week suffered the worst FPI selling bout of 2024 calendar year

Foreign investors pulled Rs 18,600 crore out of Indian markets last week, the most in 2024, influenced by US economic factors and geopolitical tensions

Mcap of 6 of top 10 valued firms at Rs 1.40 trillion; TCS, Infosys lag

The market valuation of TCS tanked by Rs 62,538.64 crore to Rs 13,84,804.91 crore, the most among the top 10 firms

Q4 earnings, global trends major triggers for markets this week: Analysts

HDFC Bank on Saturday reported a 2.11 per cent growth in consolidated net profit to Rs 17,622.38 crore for the March 2024 quarter against Rs 17,257.87 crore in the preceding December quarter

NSE IX gets SEC class relief; permits US clients to trade on equity index

The class relief allows NSE IX members to get acquainted with equity indices at NSE IX through activities with approved broker-dealers and financial institutions in the US

Equity, rupee finish tough week on winning note; bonds weaken sharply

Despite the gains on Friday, both indices finished the week in red for the first time in three weeks. The Sensex fell 1.6 per cent this week, and the Nifty 50 declined 1.7 per cent

NPCI to review by end of year decision on 30% UPI market share cap

December 2024 deadline for implement market cap remains unchanged, say sources