Page 2117 - Markets News
CARE Ratings freezes at 20% upper circuit on heavy volumes post Q2 results
The board has approved the payment of an interim dividend of Rs 8 per equity share of the face value of Rs 10 each for the financial year 2020-21.
 "CARE Ratings freezes at 20% upper circuit on heavy volumes post Q2 results")
Rupee slumps 33 paise to 74.74 against the US dollar in early trade
The rupee depreciated 33 paise to 74.74 against the US dollar in opening trade, tracking strong American currency ahead of the US Presidential election results
 "Rupee slumps 33 paise to 74.74 against the US dollar in early trade")
UPL dips 12% in three days post Q2 results; stock hits over four-month low
The company reported a lower-than-expected operational and profit performance in September quarter (Q2FY21)
 "UPL dips 12% in three days post Q2 results; stock hits over four-month low")
Sebi issues circular on 'due diligence' framework for debenture trustees
Markets regulator Sebi came out with a framework for creation of security for listed debt securities and 'due diligence' that needs to be carried out by debenture trustees
 "Sebi issues circular on 'due diligence' framework for debenture trustees")
Sun Pharma gains 10% in two days on healthy September quarter results
The company said that sales of specialty products have improved sequentially with Ilumya and Cequa reaching pre-Covid levels
 "Sun Pharma gains 10% in two days on healthy September quarter results")
Stocks to watch: PVR, Adani Ports, SBI, Ajanta Pharma, IT stocks, Lupin
Here's a list of stocks that may trade actively in today's session.
 "Stocks to watch: PVR, Adani Ports, SBI, Ajanta Pharma, IT stocks, Lupin")
Market Ahead, November 4: All you need to know before the opening bell
A total of 91 companies including State Bank of India, Lupin, and Adani Enterprises, are scheduled to announce their quarterly results today
 "Market Ahead, November 4: All you need to know before the opening bell")
SBI to report Q2 result today; here's what leading brokerages expect
Lower growth in net interest income, muted loan growth, an unchanged net interest margin, and decline in operating profit may mark the quarter, say analysts
 "SBI to report Q2 result today; here's what leading brokerages expect")
Emerging market ETFs see outflows after four weeks ahead of US elections
US-listed EM ETFs that invest across developing nations, as well as those that target specific countries lost $103 million in the week ended October 30
 "Emerging market ETFs see outflows after four weeks ahead of US elections")
Gold prices rise by Rs 55 to Rs 50,735 in Delhi, silver gains by Rs 170
In the previous trade, the precious metal had closed at Rs 50,680 per 10 gram.
 "Gold prices rise by Rs 55 to Rs 50,735 in Delhi, silver gains by Rs 170")
Growth or Margin? Life insurers' conundrum in the September quarter
Strong premium income growth of SBI Life and HDFC Life in Q2 cements the Street's conviction, and at 27.4% VNB margin I-Pru Life surprises investors
 "Growth or Margin? Life insurers' conundrum in the September quarter")
Pick up in ad revenue growth, regional share key for Zee Entertainment
Street will also keep an eye out on cash flow improvement in the coming quarters
 "Pick up in ad revenue growth, regional share key for Zee Entertainment")
JSPL: Reduction in net debt expected to drive re-rating, say analysts
Rising volumes, expanded capacities, operating leverage, better realisation and debt reduction to aid earnings
 "JSPL: Reduction in net debt expected to drive re-rating, say analysts")
Bankrupt, grounded Jet Airways is world's best performing airline stock
Stock in Mumbai-listed Jet Airways has surged almost 150 per cent this year versus a 42 per cent plunge in the 27-member Bloomberg World Airlines Index, which comprises the globe's biggest carriers
 "Bankrupt, grounded Jet Airways is world's best performing airline stock")
Credit Suisse cuts stance on IT, healthcare; turns bullish on banks
In June, the brokerage had turned bullish on IT citing low P/E
 "Credit Suisse cuts stance on IT, healthcare; turns bullish on banks")
BSE receives 183 investor complaints against 105 companies in October, 2020
It resolved 279 complaints against 137 companies during the month. The resolved complaints include complaints brought forward from the previous periods, BSE said in a release
Recovery hopes, US poll optimism propel indices; Sensex jumps 504 points
The Nikkei Manufacturing Purchasing Managers' Index (PMI) rose to 58.9 in October - the highest since May 2010 - igniting hopes of a strong recovery in the economy
 "Recovery hopes, US poll optimism propel indices; Sensex jumps 504 points")
Biden good for emerging markets; dollar to gain from Trump win: Analysts
Aside from which candidate ultimately wins, analysts believe what is even more important for the markets is whether the elections will see a clear 'sweep'
 "Biden good for emerging markets; dollar to gain from Trump win: Analysts")
US Presidential election: What's in store for the Indian stock markets?
The Indian stock market ended over one per cent higher on Tuesday on the back of favourable global cues
 "US Presidential election: What's in store for the Indian stock markets?")
Market Wrap, Nov 3: Here's all that happened in the markets today
BSE Sensex rallied 504 points, or 1.2 per cent, to 40,261 levels and the Nifty50 index reclaimed the 11,800-mark to end at 11,813.50, up 144 points, or 1.24 per cent
 "Market Wrap, Nov 3: Here's all that happened in the markets today")