Page 1595 - Markets News

Dr Reddy's sees sharpest intra-day rally since Sept 2020; stock surges 8%

The stock gained 9 per cent in two days after the pharma company reported better-than-expected revenue growth in March quarter (Q4FY22).

HAL hits new high on strong Q4 results; stock soars 18% in a week

In the past one week, the stock has gained 18 per cent after the company reported 90 per cent year on year (YoY) jump in consolidated net profit at Rs 3,105 crore for March quarter (Q4FY22).

Welspun Corp hits 52-week high on Rs 5,000 crore order win

With this, Welspun Crop order book as on date (excluding Saudi) stands at 704,000 MT valued at approximately Rs 10,500 crore.

Returns from these stocks beat Sensex in current bloodbath. Do you own any?

Crisil, Hindustan Aeronautics, MRPL, ITC, and Welspun Corp have logged smart gains despite the broader market weakness.

Equitas SFB dips 11% on resignation of MD & CEO P N Vasudevan

P N Vasudevan resigned as the managing director and chief executive officer of the Equitas Small Finance Bank for a career in health and education.

CPCL hits over four-year high; zooms 164% in 7 weeks on strong earnings

In Q4FY22, CPCL reported four-fold jump in its consolidated net profit at Rs 1,002 crore as against Rs 242 crore in Q4FY21.

Prudent Corporate falls 6% below its issue price despite decent listing

The stock hit an intra-day low of Rs 594.25, down 6 per cent from its issue price.

Mehul Kothari of Anand Rathi recommends buying ITC, IOC

According to the technical analyst, ITC has given a confirm breakout above Rs 272, hence the stock can potentially rise to Rs 290.

Stocks to Watch: HPCL, Ashok Leyland, Eros, Godrej Consumer, Gland Pharma

NTPC, Amara Raja Batteries, IDFC Ltd, Indigo Paints, Lakshmi Mills Co Ltd, Mindteck India Ltd, Nuvoco Vistas Corp Ltd, Rane Madras Ltd, SML Isuzu Ltd will be in focus ahead of their Q4 results today.

Sebi brings new format for security cover certificate, revises timeline

Sebi has revised timelines of submission of security cover certificate, valuation report and quarterly compliance report, and regulatory compliance by debenture trustees

Are markets poised for deeper cuts down the road?

A sharp selloff hit domestic equity markets yesterday as concerns over high inflation and foreign outflows, butchered bulls. Here's an analysis on what dented investors' sentiment and what lies ahead

At 2022 lows: Auto stocks pick up speed, tech on collision course

Meanwhile, IT stocks dominated the worst-performing list, with Tech Mahindra and Wipro dropping nearly 20 per cent apiece

Rupee slips to fresh low against dollar for fourth straight trading session

The rupee opened weaker at 77.70/$ as compared to Wednesday's close of 77.58/$ and traded in a narrow range amid intervention from the central bank

Bears tighten grip: Market sell-off deepens on global recession fears

Sensex drops to lowest level since July; FPIs sell shares worth Rs 4,900 cr

Oil prices recoup losses based on renewed supply worries, dollar weakness

By David Gaffen

ITC rallies on strong Q4 results, nears 3-year high in a weak market

Cigarette volumes, price growth in FMCG biz, and agri exports to drive revenue

Use hybrid funds to tide over market volatility, say fund managers

The data from Value Research shows that conservative hybrid funds are down nearly 1.5 per cent; equity savings funds are down 1.9 per cent

TCS, Wipro, HCL Tech, L&T Tech: JP Morgan downgrades Indian IT sector

The brokerage firm has downgraded the Indian information technology sector to 'underweight' as it believes the heydays of the sector are over

Fear on the Street: Index gauging investors' risk perception jumps 10%

India VIX indicates investors' perception of annual market volatility over the next 30 calendar days

Investors lose over Rs 6.71 trn as markets crash over inflation worries

Investors fretted over stagflation risks and Federal Reserve's more hawkish stance to rein in inflation by opting for more rate hikes