Page 1569 - Markets News

Front-running scandal at Axis Mutual Fund set to rock $465-bn MF industry

Axis Asset Management Co, India's seventh largest mutual fund manager and partly owned by Schroders, in May sacked two employees, including its chief dealer, amid an ongoing internal probe

Stocks to watch: HCL Tech, Mindtree, Tata Metaliks, SBI, ICICI Bank, NMDC

Stocks to watch today: Mindtree, Tata Metaliks will report their June quarter 2022 (Q1FY23) results on Wednesday, July 13; NMDC will be removed from the Nifty CPSE index post hive off of NMDC Steel.

Nifty can target 16,650 in the short-term, says Vinay Rajani

The technical analyst from HDFC Securities also recommends buying CCL Products and Torrent Pharma.

Global squeeze on energy supply may get worse, warns IEA's Fatih Birol

"The world has never witnessed such a major energy crisis in terms of its depth and its complexity," IEA Executive Director Fatih Birol said Tuesday at a global energy forum in Sydney

Rupee falls to a fresh low, just 40 paise away from 80 per dollar

The rupee settled at 79.60 per US dollar, as against 79.44 per US dollar at its previous close

Demand outlook remains robust for Blue Dart Express, say brokerages

Blue Dart Express posted 34 per cent revenue growth in 2021-22, assisted by 30 per cent growth in volumes; the rest came from higher realisations

The recent correction has removed froth in the broader market: C J George

India will be the fastest growing large economy in the world. Our corporate profit to GDP is on a steady uptrend. Therefore, India will outperform

Iron ore prices tumble towards $100 as demand from China declines

Market watchers are monitoring the government's response as the daily virus caseload in Shanghai grows, topping 50 for the fourth straight day

Infosys leads slide in IT stocks as indices lose 1%, follow global trend

Unabated foreign fund outflows and the rupee dropping to another record low against the dollar added to the woes, traders said

90 days on, MFs line up NFOs as embargo lifts; a dozen schemes expected

Experts say the resumption of NFOs will help support inflows into equity schemes, which are key to offset selling by foreign funds

Sensex sinks 509 pts, Nifty holds 16,050 in across-the-board sell-off

CLOSING BELL: NTPC, Adani Ports, Bharti Airtel, Coal India, Hero Moto, and Bajaj Finance were the only gainers, up in the range of 0.08 per cent to 1.7 per cent

This Adani Group stock has zoomed over 3,600% since March 2020

Adani Total Gas hit a new high of Rs 2,845 on Tuesday, surging 15 per cent in the past three trading days

Ahluwalia Contracts surges 12% on order win worth Rs 150 crore

The company's total order inflow during the current financial year 2022-23 stands at Rs 863 crore

ICICI Bank, SBI, BoB: Seven bank stocks cross 200-DMA, may surge 15%

Bank of Baroda, Canara Bank, and State Bank of India may see even better returns as they have also broken out of "Double Bottom" pattern

M&M Financial gains 3%, hits 52-week high on healthy business outlook

Thus far in July (last eight days), MMFSL has rallied 18 per cent, as compared to a 2 per cent rise in the S&P BSE Sensex.

HCL Tech dips 6% in 2 days, hits 52-week low ahead of June quarter results

Analysts expect Ebit to contract sequentially due to increase in retention costs as well as higher travel costs

HCL Tech Q1 results preview: Here is what top brokerages expect

On the flipside, the company's Ebit margins are expected to decline by up to 108 bps to 16.9 per cent over the preceding quarter due to elevated attrition.

Titagarh Wagons hits 4-year high; gains 26% in 2 weeks on strong order book

As on March 2002, TWL had a strong diversified order book position of Rs 15,123 crore across Indian (Rs 10,675 crore) and Italian business (Rs 4,448 crore) operations.

Stocks to watch: HCL Tech, BoB, Coal India, L&T, Paytm, SpiceJet, Wipro

Stocks to watch today: HCL Technologies will report June quarter results 2022 (Q1FY23) on Tuesday, July 12; Coal India ramped up capex plans to Rs 3,034 crore, up 64.8 per cent in June quarter 2022.

Is it a good strategy to invest in gold right now?

With financial markets facing a turbulent time, is it a good strategy to seek refuge in gold? What are the key factors that you must keep in mind before investing in the yellow metal?