Page 1593 - Markets News

Globus Spirits slips 15% on weak March quarter results

In Q4FY22, EBITDA margin contracted by 720 basis points (bps) year-on-year to 17.6 per cent.

GAIL's Rs 1,083 crore buyback offer kicks off: Should you tender shares?

The company has prescribed a buyback ratio of 2 shares for 25 equity shares for reserved category whereas 2 shares for 179 equity shares for general category.

Govt exempts customs duty on soybean, sunflower oil; AWL, Ruchi Soya dip 5%

The government on Tuesday exempted customs duty and the agri cess on importing 2 million tonnes of soybean and sunflower oil per year

After FII, will retail investor flows into equity market also shrink?

Over past decade, strong retail flows have coincided with declining / low deposit rates, said analysts at Jefferies, who expect the deposit rates to go above the 7 per cent level with a lag

Sugar stocks extend fall, slip up to 9% as government restricts exports

Brokerage ICICI Securities believes this would not have any impact on sugar companies' fundamentals.

Minda Industries rallies 9% post Q4 results and 1:1 bonus issue

The management believes that the auto industry is at the cusp of revival, with favorable governmental policies and more new product launches planned by OEMs for the coming year.

Vinay Rajani recommends buy on dips strategy; Nifty support seen at 16,000

The technical analyst from HDFC Securities recommends buying Transport Corporation of India basis charts

Stocks to Watch: Adani Ports, Strides, Metropolis, RITES, Zee, Balrampur

Stocks to Watch Today: Sugar and FMCG stocks likely to be in focus as govt limits sugar exports and exempts customs duty on agri cess. Apollo Hospitals, Bata, Coal India and Nalco to report results.

ICICI Prudential AMC's S Naren on his investment mantra and more

Soaring inflation, global central bank policies and the Ukraine war have dampened sentiment across global financial markets. What does S Naren, of ICICI Prudential AMC think of the developments?

Markets reverse early gains in volatile trade; Sensex falls 236 points

In the Sensex pack, Tech Mahindra, Hindustan Unilever, HCL Technologies, Asian Paints, NTPC, Tata Steel, Infosys, Axis Bank, and Bajaj Finserv were among the biggest laggards

Delhivery jumps over 10% post tepid debut: Should you hold or sell shares?

Analysts remain mixed over the Gurgaon-based logistics firm Delhivery due to volatile market conditions and loss-making nature of the company.

Passive funds set for boost as Sebi eases market making, NFO and ETF rules

Industry players expect assets to double in five years

Adani Group companies' sky-high valuations unfazed by market correction

Group's stocks trading at a P/E of 105.3x

Zomato stock zooms 18% intraday on improved disclosures, gains 14% at close

7-8 large brokerages have come out with recommendations of overweight to buy since the firm announced its results on Monday after market hours

Analysts bullish on auto stocks amid govt. measures on fuel, steel price

At the operational level, Nomura sees margin benefit for companies in the backdrop of a cut in steel prices

IT, Metals drag Sensex 236 pts down; Delhivery rises 10%, Zomato 15%

CLOSING BELL: On the NSE, the Nifty50 shut shop at 16,138, down 77 points or 0.47 per cent

Can CNG vehicle owners expect relief after petrol and diesel rate cut?

Spiraling inflation has forced the govt to slash duties on petrol and diesel. But the prices of CNG have soared about 60% in past one year. Why's CNG on fire? Can CNG vehicle owners expect relief?

Manappuram Finance hits lowest level since March 2020; slips 25% in 1 month

Despite the management's optimism on demand outlook, there are challenges considering the signs of rural slowdown as evident from recent corporate results in many sectors

Sharda Cropchem hits new high on strong business outlook; stock surges 10%

Analysts expect the company to show high growth momentum, strong balance sheet, free cash-flows and strong return ratios over FY22-24.

HDFC Bank's prospects for MSCI, FTSE light up as overseas holdings dip

If FPI holdings decline further in the two firms, it could lead to good buying opportunities: Analysts.