Page 1958 - Markets News

Precious metals: Gold plunges by Rs 505, silver declines by Rs 828

Gold prices plunged Rs 46,518 per 10 gram in the national capital

Bajaj Finance gains 8% despite a miss on Q4 nos; brokerages remain mixed

HDFC Securities notes that Bajaj Finance reported muted performance primarily on account of higher employee expenses

Investors look beyond Covid cases' surge; Sensex zooms 790 pts; banks rally

CLSA opines that the surge in Covid cases in Maharashtra may taper in May as the state is in its fourth-month of the second wave. This, it believes, will be positive for the markets

Anupam Rasayan hits 52-week high on securing order worth Rs 1,100 crore

The company will be providing multiple products to the multinational firm for the next five years

Covid-led record defaults cloud India's resilient equities, bonds

Firms have defaulted on at least Rs 5,700 cr of domestic bonds this year, while Sensex hit 3-week high amid optimism on US vaccine support

SBI board approves to raise $2 billion through bonds in FY22; stock up 3%

So far in the current calendar year, the scrip has soared 28.3 per cent on the BSE compared with the Sensex's 2.4 per cent gain

Markets to look beyond second Covid wave, say analysts; bet on cyclicals

BofA Securities has cut his positioning towards defensives by downgrading Staples to neutral weight and trimming their overweight positioning for the information technology sector

Bajaj Fin, Axis Bank, Maruti Suzuki: Strategies for stocks post Q4 results

Upon crossing the immediate resistance, Axis Bank's stock may see a rally towards Rs 750 and Rs 765-mark

HDFC AMC sheds 3% on low Q4 AUM growth, loss in market share woes

The company on Tuesday reported a 26.52 per cent year-on-year (YoY) growth in profit after tax (PAT) at Rs 316.08 crore for the three months to March 2021

TVS Motor Company rallies 15% on better-than-expected Q4 show

The company on Tuesday posted a nearly four-fold increase in its consolidated net profit to Rs 319.19 crore for the fourth quarter of FY21, riding on the back of robust sales in the domestic and inter

Bajaj Auto Q4 Preview: Analysts fear Ebitda margin fall despite price hike

At the bourses, the stock of Bajaj Auto has outperformed both, Nifty50 and Nifty Auto indices, on the National Stock Exchange on a year-to-date (YTD) basis, ACE Equity data show

HUL Q4 preview: Brokerages eye high double-digit growth in PAT, revenue

Overall volume growth, the performance of the nutrition business and the movement in advertisement and promotion spend along with other expense are among key trackable for the quarter under review

Stocks to watch: Axis Bank, Britannia, Bajaj Finance, Info Edge, HDFC AMC

FMCG major Britannia Industries reported a 3 per cent YoY decline in consolidated net profit at Rs 360.07 crore in the fourth quarter ended March 31

Nifty outlook and trading ideas by HDFC Sec: Buy SBI, Glenmark Pharma

On Tuesday, the stock of SBI has given breakout from the downward sloping trend line

Trading ideas by Ajit Mishra of Religare Broking: Buy Divi's Labs, Nalco

Most metal stocks are trading at their record highs and showing no sign of slowing down

Market Ahead Podcast, April 28: Top factors that could guide markets today

Info Edge said it will sell stake worth Rs 750 crore in the initial public offering (IPO) of its investee company Zomato

Copper surges toward $10,000 as bulls swarm in to profits on global rebound

Producers worry that plans to boost mining royalties could stifle investment and make the country less competitive

Markets maintain momentum for second straight day; bank stocks rally

NTPC, Kotak Bank, Nestle India, M&M, Dr Reddy's and Axis Bank were the other laggards, shedding up to 0.54 per cent.

Jio to drive Reliance Industries' March quarter Ebitda, say analysts

On consolidated basis, last year's low base expected to aid sharp jump in net profit

Capacity expansion, new launches to drive growth for Rallis India

While revenue growth was robust in Q4, weak mix, costs dented profits