Page 2112 - Markets News

Asian shares near a three-year peak, dollar soft in US deadlock trade

A gauge of Asian shares was set to cling to a near 3-year peak while the dollar stayed sluggish as prospect of a divided US legislature dimmed the chance of major policy changes, lifting risk appetite

Market Ahead, November 6: All you need to know before the opening bell

A total of 219 companies including ITC, Cipla, Ashok Leyland, and Bank of India are scheduled to declare their quarterly earnings today

Stock picks by Nilesh Jain of Anand Rathi: Buy Jubilant Food, Piramal Ent

Jubilant Food's stock has reclaimed its short-term 21-DMA which was placed at 2230 levels. The momentum indicators and oscillators have turned positive on the daily chart which hints at a strong pull

Lupin: Q2 unimpressive, more triggers required to drive stock

US growth has picked up as anticipated, but India and a few other markets still lag

Apollo Tyres: Investors should consider stock if volume growth sustains

Margin gains, however, depend on a hike in prices

Indiabulls Housing Fin stock may stay subdued as growth remains elusive

At over 30 per cent capital adequacy, the lender has raised Rs 2,780 crore of debt and Rs 2,577 crore of equity so far in FY21

Mutual funds see record outflow in October; may turn net sellers in 2020

Analysts attribute this withdrawal trend to the nervousness ahead of US presidential elections and the fact that the markets raced ahead even as the economic recovery remained fragile back home

Sebi doubles foreign investment limit for individual fund houses to $600 mn

The regulator has also quadrupled the quantum of investment that individual fund houses can make in overseas exchange traded funds to $200 million from $50 million at present

Nifty makes K-shaped recovery to wipe out Covid losses, crosses 12K-mark

While the index is almost back to pre-Covid highs, the stock prices for over half of its components are still below their February 20 levels

Indices post gains riding on 'Blue' tilt in US Presidential elections

Sensex, Nifty jump 1.8% to close at highest level since February 19

Multiplex stocks climb as Maharashtra allows movie theatres to reopen

The state accounts for a fifth of the screens for PVR and Inox Leisure

SAT dismisses RIL appeal against Sebi order seeking payment of Rs 447 cr

While dismissing RIL's appeal, SAT directed the company to pay Rs 447 crore along with a simple interest of 12 per cent from November 2007 within 60 days. The amount works out to nearly Rs 1,150 crore

Happiest Minds Technologies hits lowest level since listing post Q2 results

The company's profit after tax (PAT) declined 32 per cent at Rs 34 crore sequentially

Merger of insurers: Irdai releases draft norms on shareholder compensation

Says those whose rights against the acquiring insurer have been reduced, must be paid compensation based on the residual value of assets

Market Wrap, Nov 5: Here's all that happened in the markets today

BSE Sensex ended at 41,340, up 724 points, or 1.78 per cent while NSE's Nifty ended above the crucial 12,000 level at 12,120, up 212 points, or 1.78 per cent

Sensex erases 2020 losses, settles 724 pts higher ahead of US poll outcome

All that happened in the markets today

Valiant Organics zooms 17%, hits record high as board to mull bonus issue

The company said it will consider bonus issue and interim dividend during its board meeting on November 13

ITC Q2 preview: Revenue from hotels biz may fall over 90%; FMCG to do well

Key monitorables include cigarette volume growth, outlook on hotel, and paper businesses.

Lupin shares fall 2% in strong market post September quarter results

In Q2FY21, the company's revenues declined 12 per cent YoY to Rs 3,835 crore mainly due to Kyowa divestment

JK Tyre, Exide: Analysts advise staying selective in auto ancillary space

The market has been quick to spot the opportunity. Over the past few sessions, tyre stocks have been on a roll with JK Tyre, Ceat, MRF logging smart gains at the bourses