Page 1959 - Markets News

Market Wrap Podcast, April 26: All that happened in the markets today

Shares of Vedanta jumped 3.84% on the BSE amid a report by PTI that Tamil Nadu chief minister K Palaniswami has allowed the company to operate its Tuticorin plant to produce oxygen

TechM Q4 profit rises 34.5% YoY; announces dividend of Rs 30 per share

The board also recommended a dividend of Rs 30 per share, including a special dividend of Rs 15 per share

Here is why analysts think ICICI Bank is the new growth leader post Q4 nos

Market mavens have revised their target price on the scrip on the upside to factor-in stable asset quality and steady growth momentum

Bitcoin jumps as much as 8%, on course to snap five days of declines

The cryptocurrency has slumped almost a fifth from its all-time high hit earlier this month.

Financials lift Sensex 508 pts up; pharma stocks, HCL Tech miss D-St rally

Investors booked profit in the pharma counters after a healthy rally over the past week. The index settled 0.87 per cent down.

Precious metals: Gold prices decline Rs 81; silver tumbles Rs 984

This comes amid rupee appreciation

Global Markets: Stocks start week in upbeat mood as recovery bets dominate

The broader Euro STOXX 600 gained 0.23%

Mphasis surges 6% as Blackstone to buy controlling stake in firm

Blackstone had bought around 61 per cent stake in Mphasis from Hewlett Packard Enterprise in 2016 in a deal worth up to $1.1 billion

Gold gains as rising virus cases, easing dollar boost safe-haven appeal

Spot gold was up 0.1% at $1,778.22 per ounce by 0707 GMT

Oil prices fall 1% as India's coronavirus surge dents demand outlook

Brent crude fell 72 cents, or 1.1%, to $65.39 a barrel by 0653 GMT

Asian shares advance after strong finish on Wall Street last week

Tokyo, Hong Kong, Seoul and Shanghai all started out with modest gains and U.S. futures also edged higher.

Vedanta up 5% as Tamil Nadu govt allows Sterlite plant to produce oxygen

The order, however, added that Vedanta cannot involve the plant in copper production or any other activities

Maruti Q4 preview: PAT seen up 32% YoY; commodity prices to dent margins

The company is scheduled to report its Q4FY21 numbers on Tuesday, April 27. Here is what leading brokerages expect.

Axis Bank Q4 preview: Low provisioning likely, but asset quality may worsen

The lender may see single-digit loan growth, deterioration in asset quality, and slippages at 4.5 per cent of loan book

Everest Kanto, Morepen Lab: 5 stocks to make your portfolio Covid-proof

Major stocks in the healthcare equipment sector are showing firm upside of over 15 per cent

Natco Pharma rallies 7% as firm seeks nod for Covid medicine Molnupiravir

Pre-clinical data have shown that Molnupiravir has broad anti-influenza activity, including highly potent inhibition of Covid-19 replication

Srei Infra Finance jumps 20% on receiving EoI from Cerberus for subsidiary

Cerberus Global Investments joined two other prospective investors for infusing capital into Srei Equipment Finance

HCL Tech tanks 3% post Q4 nos but brokerages remain bullish; here's why

Following the March quarter results, most brokerages slashed their earnings expectations from HCL Tech

Hathway Cable gains 3% as Reliance Industries launches Rs 442-crore OFS

The OFS is open for non-retail investors today while the same will open for retail investors on Tuesday, April 27.

Chart check: How to trade HCL Tech and ICICI Bank post their Q4 results?

Both the stocks are in news on Monday after the companies announced their January - March 2020 numbers over the weekend.