Page 1973 - Markets News

The big, easy 'buy' story in Asia over; remain underweight on India: HSBC

HSBC has raised their 2021 global and EM gross domestic product (GDP) forecasts to 5.6 per cent (from 4.8 per cent) and 6.6 per cent (6.1 per cent), respectively

Finolex Industries turns ex-date for 1:5 stock split, hits 52-week high

In the past one month, stock has rallied 12 per cent as compared to a 5 per cent decline in the S&P BSE Sensex.

Revenue miss, yet brokerages bullish on Infosys post Q4 numbers; here's why

Despite the miss on sequential revenue growth, analysts remain bullish on Infosys as they believe underlying metrics should continue to aid the company's growth leadership in FY22

Sugar shares rally in a weak market; Balrampur Chini surges 9%

The industry is undertaking huge capacity expansion programmes to meet the ethanol requirement of 10 billion litre by 2025

5paisa Capital to raise Rs 251 crore at Rs 500 per share; stock zooms 20%

The preferential issue price of Rs 500 apiece is at 70 per cent premium over Tuesday's closing price of Rs 292 per share on the NSE.

Infosys shares dip 6% on profit booking post March quarter results

Motilal Oswal Securities expects Infosys to be a key beneficiary of a recovery in IT spends in FY22E

Top trading calls by Ajit Mishra of Religare Broking: Buy Marico, HPCL

Hind Petro has been witnessing profit-taking in line with other OMCs and now reached its major support zone of long-term moving average(200 EMA) on the daily chart

Stocks to watch: Infosys, Wipro, Aditya Birla Capital, HDFC Bank, 5paisa

The board of Aditya Birla Capital has approved an initial public offer of its asset management business, Aditya Birla Sun Life AMC

Market Ahead Podcast, April 15: Top factors that could guide markets today

Wipro and three other firms are slated to post their March quarter numbers today. Most brokerages expect Wipro's net profit to rise between 23-30 per cent YoY

AIFs seek co-investment vehicles to allow bespoke deals for key investors

Global market for such deals has been on the rise since at least 2012; one fund exploring opportunities in India.

Weak product cycle could lead to further market share loss for Maruti

Higher commodity prices could worsen its margin profile

Fundraising through public issues more than doubled in fiscal 2021

The Finance Ministry on Wednesday said fundraising through public and rights issues surged 115 per cent and 15 per cent, respectively, in 2020-21

Half the PMS schemes trail Nifty 50 in FY21, clutchful offer 100% returns

Returns were calculated on time-weighted rate of return, which eliminates effects of inflows and withdrawals from schemes to get a clearer sense of fund manager's performance

Change in tax structure prompted India Inc to favour buybacks again in FY21

In 2020-21, Indian firms offered to buy back shares worth Rs 39,295 crore, or 97% more than Rs 19,972 cr proposed in the previous financial year

Infosys Q4 PAT rises 17% YoY to Rs 5,076 cr; announces Rs 9,200 cr buyback

The company board also recommended a final dividend of Rs 15 per share for FY21

Ebit margin drop, BFSI boost: Analysts' expectation from Wipro's Q4 nos

Wipro shares, so far for the year, have risen 8.5 per cent as against a gain of 3.7 per cent in the NSE Nifty index during the same duration

Private Banks Q4 preview: Rise in bond yields may dent income; NPA nos eyed

Analysts believe that the truer impact of Covid-19 as regards NPAs could be visible in the quarter even as banks may be tempted to remain prudent due to the second wave of coronavirus

World stocks hit record high as bond yields ease with inflation fears

Most Asia-Pacific share indexes followed Wall Street higher, with Hong Kong's Hang Seng leading gains in the region

Dr Reddy's stock sheds 4% as Sputnik V pricing, competition weigh

Access to the private market, international sales are other factors that will impact margins

Near-term growth on market share gains to remain robust for Astral Poly

Valuations, PVC price moderation may, however, keep the stock under pressure