Page 1407 - Markets News

Stocks to watch: Adani Enterprises, ONGC, Nykaa, IRB Infra, Castrol India

Stocks to watch today: Adani Enterprises, ONGC, Coal India, Siemens, Grasim Industries, Eicher Motors, among others will report the October-December (Q3FY23) quarter results

CBI gets NSE go-ahead to prosecute Chitra Ramkrishna in colocation case

Central agency had been waiting for approval since March 2022

Info Edge: Investors must wait for sell-off to end before making new entry

The guidance says there are clear signs of a slowdown in IT hiring, with supply pressure easing and lower attrition

Equity investors remain bullish on metal and mining stocks, shows data

This has driven a wedge between companies' earnings and their market capitalisation

Sensex extends losses for second day; IT and bank stocks top drags

Equity benchmark Sensex declined around 251 points on Monday, pressured by heavy selling in IT and bank stocks amid a mixed trend overseas.

Brokerages raise ratings on Nippon, HDFC AMCs following better Q3 show

Among the four listed AMCs, two report profit growth in Q3, other two see a decline

Analysts cautious on mid, smallcaps; await earnings catch-up

Analysts remain cautious on mid-and-smallcap segments and suggest earnings need to catch up before the stocks start to recover

Baring Private Equity Asia sells 10% stake in Coforge through a block deal

According to bulk details data available with the National Stock Exchange, Baring PE sold a total of 6 million shares at a price of Rs 4,050 apiece

MSCI revision: CG Power, Bank Baroda look bullish on charts; avoid Biocon

Biocon share may slip up to 21 per cent if breaks 52-week low

Sensex slips 251 pts ahead of inflation data; SBI, IT shares fall

CLOSING BELL: The NSE Nifty 50 ended 86 points lower; Broader indices log deeper cuts. Adani Group shares fall again.

Domestic commercial vehicle sales volume likely to grow by 9-11% in FY24

Domestic commercial vehicle sales volume is likely to grow 9-11% in FY24 driven by medium and heavy commercial vehicles and an estimated economic growth of around 6%, says rating agency CRISIL.

Brokerages downgrade Lupin post weak Q3; see up to 17% downside

Lupin shares fell 7.5 per cent to Rs 681 apiece on the BSE in the intra-day trade

Natco Pharma jumps 4% on filing generic version of oncology drug in US

The drug major filed an abbreviated new drug application (ANDA) for generic versions of Olaparib tablets - 100 mg and 150 mg with the US Food and Drug Administration (USFDA)

Oil India hits 8-month high on highest-ever quarterly profit in Q3FY23

In the past six months, Oil India soared 26 per cent, as against 3 per cent rise in the S&P BSE Sensex

Info Edge slumps 10% on Rs 116 cr Q3 loss; writes-off invst in 4B Network

The losses in the recent quarter mainly accrued as the company wrote off its investment in property tech start-up 4B Networks. It had invested Rs 276 crore in the start-up as of September 2022

City Union Bank shares crash 13.5% after Q3 earnings dip on quarterly basis

According to analysts, CUB's results had several areas of weakness this quarter

Sebi to update FM Nirmala Sitharaman on Adani Group probe this week

India's market regulator will provide an update on its investigations into the Adani Group's withdrawn follow-on public issue this week, two sources familiar with the matter said on Monday.

Balkrishna Industries tanks over 11% as Q3 profit plunges 68% YoY

Its revenue from operations increased marginally by around 6 per cent to Rs 2,165.57 crore in Q3

Coforge slides 7% as over 7 million equity shares change hands on bourses

According to reports, Barings Private Equity was looking to sell part of its 40 per cent stake in Coforge via block deals

Glenmark Pharma jumps 5% post December quarter earnings

The company reported a 21 per cent surge in Q3 consolidated net at Rs 291 crore.