Page 1956 - Markets News

IndiaMART InterMESH tanks 8% on weak operational performance in March qtr

The B2B e-commerce firm's total income increased just 1 per cent to Rs 190 crore during the reported quarter

KPIT Technologies zooms 8% as margins expand 150 bps YoY in Q4

The Pune-based IT services firm reported net profit of Rs 47 crore for the fourth quarter ended March 31, 2021 up 23.6 per cent year-on-year

Steel stocks steal the show in lacklustre April for equity markets

Returns for the month slipped into marginal negative territory because of the 2 per cent fall on Friday

Indian stock market vulnerable to the rise in Covid cases: Chris Wood

The renewed mobility restrictions in India, he believes, also increase the potential risk of a renewed deterioration in asset quality for banks

Market outlook: Should you sell stocks in May and go away?

Since 2010, the S&P BSE Sensex has given a positive return on six occasions in May, data show. In May 2014, it surged 8 per cent - the biggest percentage-wise gain in May in the last decade

India vs US listing: Zomato may be test case for start-ups waiting in wings

The IPO will be a litmus test on whether domestic investors have the patience and maturity to deal with loss-making tech companies

India's benchmark stock indices slide 2% as Covid-19 risks heighten

Bank stocks lead the fall; FIIs pull out Rs 3,465 crore

Reliance Industries Q4 net profit more than doubles to Rs 13,227 crore

The oil-to-telecom conglomerate's revenue from operations rose 11 per cent to Rs 1.54 trillion as compared to Rs 1.39 trillion in the year-ago period

Market Wrap, April 30: Here's all that happened in the markets today

Sensex ended close to the day's low at 48,782, down 984 points with only five constituents in the green. Meanwhile, its NSE counterpart Nifty declined 264 points to shut shop at 14,631

This Jhunjhunwala stock falls amid margin dip in Q4; should you sell?

Titan's operating margins contracted 210 basis points in Q4 to 10.9 per cent, as against 13 per cent a year ago

Under-supplied metal palladium races past $3,000/oz for first time

Meanwhile, spot gold was down 0.2% at $1,769 per ounce by 0910 GMT.

Asset quality, second Covid wave concerns weigh on AU Small Fin Bank stock

The gross non-performing assets (NPAs) spiked to 4.25 per cent of gross advances as of March 31, 2021, from 1.68 per cent in the same period last year

Brokerages remain hooked to HUL post Q4 numbers, eye up to 24% upside

Following the results, most brokerages retained their bullish stance on the stock and advised either buying or holding it

Bajaj Fin, LIC Hsg: Good time to buy NBFC stocks? Here's what charts say

One can expect up to 7 per cent gain in NBFC stocks if the positive momentum is held decisively

Tata Coffee surges 9%, hits 52-week high as Q4 profit jumps 2 fold

Net income during the quarter under review rose by 17 per cent year-on-year (YoY) to Rs 612.06 crore from Rs 523.46 crore

Wipro hits 52-week high as firm revises Q1FY22 revenue guidance

Wipro in an exchange filing earlier today said it expects revenue from its IT services business to be in the range of $2,324-$2,367 million during the first quarter of FY22.

Stocks to watch: RIL, IndusInd Bank, Titan, Ujjivan Fin Services, Wipro

A special resolution to appoint Samit Ghosh as CEO of Ujjivan Financial Services was defeated as it didn't get the requisite share of votes

Top trading ideas by Mehul Kothari of Anand Rathi: Buy HEG, L&T

HEG stock after trading with a strong uptrend recently underwent some consolidation

State elections results will provide fodder to the markets for a few days

Election results will keep market participants glued to the political landscape for the next few days - probably the most expensive elections from the point of the view of public health

Market Ahead Podcast, April 30: Top factors that could guide markets today

At 8.15 am, SGX Nifty was ruling 144 points lower at 14,787, indicating a gap-down start to the May F&O series