Page 1668 - Markets News

Nykaa hits new low; stock slips 23% in seven days

On February 9, 2022, Nykaa had reported a weak set numbers, with a 58 per cent year-on-year (YoY) decline in its December quarter (Q3FY22) net profit at Rs 29 crore.

Surya Roshni soars 18% in two days post December quarter results

The strong orderbook for exports, API coated pipes and spiral pipes are expected to drive the growth in the upcoming quarters.

Vedant Fashions makes good debut; lists at 8% premium over issue price

Vedant Fashions is among the top companies in the Indian wedding and celebration wear segment with the brand name Manyavar Mohey

Va Tech Wabag surges 16% on strong order book of over Rs 10,000 crore

The company said international and industrial orders are expected to keep the momentum intact, going forward.

How will the Russia-Ukraine crisis, US Fed affect rupee?

Indian rupee rose for the first time in six days, with some de-escalation at Ukrainian border. But India's delayed policy normalisation and inflation may support dollar bulls over the next 3 months

Asia stock markets rally as fears of Russia invading Ukraine ease

The tension between world powers over the Ukraine situation, which has developed into one of the deepest crises in East-West relations for decades, has been front-and-centre of investors' minds.

Stocks to Watch: Vedant Fashions, Escorts, CRISIL, Tech Mahindra, NBFCs

Shares of the Manyavar-brand owner Vedant Fashions to debut on the bourses on Wednesday.

Need more probe into NSE 'puppet master': Corporate governance experts

Experts say if indeed 'everyone was asleep at the wheel', finance ministry needs to act 'expeditiously'

Indian markets close sharply higher amid easing geopolitical tensions

Log biggest gain in more than a year on signs of potential Russia-Ukraine 'climbdown'

Sebi makes separation of Chairman, MD posts voluntary for India Inc

Reprieve will benefit more than 150 companies, including Reliance Industries, Hindustan Unilever, Bajaj Finserv and Adani Ports

BofA revises Nifty target from 19,100 to 17,000 citing rate hike risks

Note says market valuation shrinks if it is above long-term averages before the start of the hike cycle

Bajaj Finance pips HDFC in m-cap race, now eighth-most valued stock

Bajaj Finance on Tuesday beat mortgage lender HDFC in terms of market capitalisation (m-cap) to become the eighth-most valued stock on the BSE

ABCL can break into top 100 club of most-valued listed firms: Analysts

Analysts are upbeat on the long-term prospects of Aditya Birla Capital and have set price targets between 20 per cent and 45 per cent higher than the current market price

Motherson Sumi: Margin worries near term overhang for auto component maker

Growth in client volumes of Motherson Sumi and easing up of supply chain issues could be triggers.

Margin pressures may cap upsides for Voltas; Dec quarter show mixed

After two dismal seasons, the sector is hoping for a recovery this year

Markets not fully pricing in rising crude oil price-led inflation: Analysts

In the past one month, the BSE Sensex and the NSE Nifty, shed over 6 per cent each, while crude oil prices soared to an eight-year high at almost $96 a barrel, up nearly 12 per cent.

Zomato hits new record low, falls below issue price of Rs 76 intra-day

In the past three trading days, the stock of the food delivery company has declined 20 per cent after it reported disappointing set of numbers for December quarter

Equity funds hike exposure to banking, NBFC and auto stocks in Jan: Data

The data from Indian Mutual Fund Tracker by Motilal Oswal shows that in January, six of the top 10 stocks that saw the maximum increase in value were ICICI Bank, Axis Bank and SBI

Mohandas Pai, Kiran Mazumdar-Shaw spar over 'unknown' yogi in NSE matter

Governance experts call for further probe into the matter

Gold slips off 8-month high, palladium drops as Russia-Ukraine worries ease

Spot gold was down 1.3% to $1,846.46 per ounce by 1318 GMT, after hitting its highest level since June 11 at $1,879.48