Page 1952 - Markets News
RBI's liquidity shot lifts pharma, bank stocks; Sensex leaps 424 pts
The RBI's well guarded measures which, analysts believe, are tuned to the evolving situation may support the economy going forward
 "RBI's liquidity shot lifts pharma, bank stocks; Sensex leaps 424 pts")
Market Wrap, May 05: Here's all that happened in the markets today
RBI announced a Covid-19 healthcare package of Rs 50,000 crore for vaccine makers, medical equipment suppliers, hospitals and patients in need of funds.
 "Market Wrap, May 05: Here's all that happened in the markets today")
Proactive or watchful? Here's how D-St interpreted RBI Governor's address
RBI Governor Shaktikanta Das on Wednesday revealed the central bank's blueprint to mitigate the impact of the second Covid wave that's wreaking havoc in the country.
 "Proactive or watchful? Here's how D-St interpreted RBI Governor's address")
RBI relief measures may cushion NPA blow from second Covid wave: Analysts
Analysts see the RBI's announcements to be sentimentally positive for the banking sector even as Covid-19 situation remains dynamic
 "RBI relief measures may cushion NPA blow from second Covid wave: Analysts")
JSW Energy gains 9% as Moody's, Fitch assign credit ratings to arm notes
The rating has been assigned to JSW Hydro Energy Limited's proposed US-dollar senior secured notes due 2031.
 "JSW Energy gains 9% as Moody's, Fitch assign credit ratings to arm notes")
RBI extends safety net; response proactive, loaded and well timed
RBI meant strict business, with a focus on alleviating financing constraints for economic stakeholders at the grass root level bearing a disproportionate burden of the ravaging Covid second wave
 "RBI extends safety net; response proactive, loaded and well timed")
Shipping shares in focus; GE Shipping surges 14% to hit over 3-year high
In the past two weeks, GE Shipping has rallied 36 per cent after HDFC Mutual Fund bought an additional over 2 per cent stake in the company via open market
 "Shipping shares in focus; GE Shipping surges 14% to hit over 3-year high")
Targeted economic measures by RBI are for second wave of Covid-19
Central bank's measures to mitigate impact of the second wave of infections focus on healthcare.
 "Targeted economic measures by RBI are for second wave of Covid-19")
SBI, Equitas SFB: How to trade bank stocks post latest RBI announcements
The RBI has announced a few steps to encourage small finance banks (SFBs) to increase the credit flow to small borrowers
 "SBI, Equitas SFB: How to trade bank stocks post latest RBI announcements")
Equitas, Ujjivan, AU Small Finance Bank gain as RBI announces loan relief
The RBI announced a special long-term repo operation window for SFBs, whereby the banks can borrow funds up to Rs 10,000 crore at repo rate for deploying for fresh loans SFBs
 "Equitas, Ujjivan, AU Small Finance Bank gain as RBI announces loan relief")
Lupin soars 8%, hits over three-year high on heavy volumes
The stock surpassed its previous high of Rs 1,121.85 touched on September 2020 and was trading at the highest level since July 2017
 "Lupin soars 8%, hits over three-year high on heavy volumes")
Hero MotoCorp Q4 preview: Analysts see up to 60% YoY rise in Ebitda
Nomura has one of the most conservative estimates with standalone net profit seen at Rs 794 crore, up around 28 per cent YoY
 "Hero MotoCorp Q4 preview: Analysts see up to 60% YoY rise in Ebitda")
Aarti Industries rallies 7%, hits record high on bonus issue plan
The meeting of the company's board of directors is scheduled to be held on Tuesday, May 11, 2021 to consider, recommendation of issue of bonus shares
Alembic Pharma falls 6% post March quarter results
Alembic Pharma Q4FY21 operational performance was marginally below estimates, largely due to lower traction in US and Domestic Formulation (DF) sales
 "Alembic Pharma falls 6% post March quarter results")
Hikal hits new high on signing 10-year deal with global pharma Co
This contract entails the development and supply of a portfolio of niche APIs (Active Pharmaceutical Ingredient) over a period of 10 years
 "Hikal hits new high on signing 10-year deal with global pharma Co")
'Earnings growth at risk if Covid cases could continue to rise for long'
Market movement will depend on the extent of the second wave and also the period for which it lasts, says Dr Poonam Tandon of IndiaFirst Life Insurance
 "'Earnings growth at risk if Covid cases could continue to rise for long'")
Stocks to watch: Tata Steel, Adani Ports, RBL Bank, HAL, SBI Card, Affle
Fitch Ratings has assigned JSW Hydro Energy's proposed US-dollar senior secured notes an expected rating of 'BB+(EXP)' with a stable outlook
 "Stocks to watch: Tata Steel, Adani Ports, RBL Bank, HAL, SBI Card, Affle")
Trading calls by Ajit Mishra of Religare Broking: Buy Bharti Airtel, GAIL
Gail has witnessed a fresh breakout on Tuesday, after spending nearly one and a half months in a consolidation range
 "Trading calls by Ajit Mishra of Religare Broking: Buy Bharti Airtel, GAIL")
Market Ahead Podcast, May 5: Top factors that could guide markets today
Steady corporate earnings discounted fears on the Covid front, hinting at a positive start for the Indian markets on Wednesday
 "Market Ahead Podcast, May 5: Top factors that could guide markets today")
Pricing pressure in US market to impact margins of pharma companies
Lack of new launches due to inspection delays, intensifying competition key headwinds