Page 1327 - Markets News

HDFC twins sink 6% on MSCI weighting update; biggest 1-day fall in 3 years

Merged entity to have far lower weighting than expected

Demat additions slow in April despite sharp market rally, shows data

Market experts said that a combination of direct equity investors reaching a saturation point and less number of initial public offerings or IPOs in the market have contributed to this trend

Sensex plunges 695 pts, Nifty below 18,100 as HDFC twins sink up to 6%

CLOSING BELL: HDFC and HDFC Bank accounted for a loss of 645 points on the BSE benchmark. Broader indices ended with relatively lesser losses of around 0.5 per cent each.

Sebi prescribes additional disclosures for issuing transition bonds

Disclosures on implementation and utilisation of funds aim to ensure there is no misallocation

Federal Bank slumps 8% despite record profit of Rs 903 cr in Q4; here's why

Net interest margin (NIM) contracted to 3.31 per cent vs 3.49 per cent QoQ

CEAT rallies over 5% in weak market on 5-fold jump in Q4 net

The tyre-maker reported 420.7 per cent surge in Q4 net profit to Rs 132.42 crore for the quarter ended March 2023 as against Rs 25.43 crore in the year ago period.

ITC increases stake in food brand Sproutlife to 39.42% for Rs 175 cr

Earlier in January this year, ITC had said that it would acquire 100% of Sproutlife Foods Private Limited, makers of Yoga Bar healthy foods

Limited downside seen in markets as over half of Nifty500 stks hold 200-DMA

Following a sharp reversal at the end of the April series, the BSE Sensex and Nifty 50 took a breather near to their respective the 200-day moving average (DMA) before offering the next leg of upside

Investors book profit in BHEL; stock slides 7% after soaring 26% in a month

BHEL has bagged numerous orders over the past few months, keeping analysts bullish on the stock

Sebi to tell brokers, mutual funds to limit use of financial influencers

Sebi will ask brokers, traders registered with it and mutual funds to stop associating with financial influencers who are seen to be giving misleading advise and inducing investors, the report said

Stable macro data, earnings trigger FPI buying in shares in April: NSDL

The benchmark Nifty 50 jumped 4.06% in April, its best month since November, aided by the stable earnings as well the return of the FPIs into domestic equities

Paytm shares rise 4% ahead of Q4FY23 results; here's what brokerages expect

Goldman Sachs expects Paytm to report revenue growth of 49 per cent on a year-on-year basis

United Breweries hits 52-week low as high RM prices hurt Q4FY23 margins

So far this calendar year (CY23), the stock has crashed over 20 per cent, as against 0.1 per cent rise in the S&P BSE Sensex

Sundram Fasteners hits new life-time high; gains 5% on solid Q4 earnings

The company's consolidated net profit grew by 19 per cent YoY to Rs 127.47 crore, backed by a 8.1 per cent rise in revenue.

Manappuram in freefall as ED freezes Rs 143 cr-assets; sinks 21% in 3 days

With today's fall, the stock has lost 21 per cent since Wednesday, May 3 when the ED had first began searches at the company's premises

Portfolio created by ChatGPT reports better returns than top funds in UK

The names included in 'top funds' are Terry Smith's Fundsmith Equity, , Fidelity and HSBC

TVS Motor vrooms 5%, hits 52-week high on better-than-expected Q4 result

TVS Motor Company posted a 22 per cent rise in consolidated net profit at Rs 336 crore

HDFC twins sink as Street fears MSCI blow may trigger $200 mn outflow

Shares of HDFC and HDFC Bank dropped up to 6 per cent. The Street had expected inflows worth $3 billion by foreign portfolio investors

Blue Star rallies 5% on 1:1 bonus plan; 3-fold jump in Q4 net

The company's net profit jumped to Rs 225 crore in Q4FY23 from Rs 76 crore a year ago, aided by profit from sale of freehold land.

Hero Moto, SpiceJet, AEL, TVS Motor among top 10 stocks to watch on Friday

Stocks to watch on May 05, 2023: Adani Power, Bharat Forge, Blue Dart, Britannia, Equitas SFB, Federal Bank, Marico and Paytm on investors radar ahead of Q4 earnigns today.