Page 2144 - Markets News

Infosys m-cap nears Rs 5-trillion ahead of September quarter results

Analysts expect Infosys to raise its FY21 guidance to 1-3 per cent growth from 0-2 per cent

Kopran hits 52-week high after Crisil upgrades rating outlook to 'Positive'

The rating agency reaffirmed its 'CRISIL BBB' rating on long term bank facilities, while short term ratings has been reaffirmed at 'CRISIL A3+'

Multi Commodity Exchange plans to launch spot exchange in base metals

MCX said it is planning to launch spot exchange in base metals which will help develop and discipline the fragmented physical market and complement bourse's delivery-based futures market

Pharma stocks gain; Cipla hits record high, Lupin nears 52-week high

In the past month, Cipla and Lupin outperformed the market by gaining 12 per cent each, against 8 per cent rise in Nifty Pharma index

HCL Tech hits fresh record high ahead of Q2 results; soars 23% in one month

The company expects the revenue and the operating margin for Q2FY21 to be meaningfully better than the top end of the guidance it had provided in July 2020

Zee Entertainment trades lower for fifth straight day, falls 15% in a week

The development is a negative for ZEE on the sentimental as well as corporate governance front, ICICI Securities said

Vedanta: An interesting play if you have an appetite for risk, charts say

From the chart trends, one can clearly conclude that till Vedanta does not see strong buying and positive close, then the chances of the stock going up seem slim

Cement shares extend rally on demand recovery hope; JK Cement hits new high

The cement industry demand is slowly improving due to pent up demand and improved rural demand

Rane Brake Lining in focus; stock advances 13% on share buyback plan

The board of directors of the company is scheduled to meet on October 15, 2020 to consider share buyback proposal.

Stocks to watch: Infosys, SRF, Shalby, Voda Idea, RIL, Bharti Airtel, banks

Here's a list of stocks that may trade actively in today's session.

Wipro Q2 preview: CEO's strategy to revive growth, Q3 growth guidance eyed

Key focus areas include commentary on verticals such as healthcare and retail and an update from the new management on the company's growth strategy.

Market Ahead, October 13: All you need to know before the opening bell

The Supreme Court will today hear a batch of petitions seeking a waiver of interest on loans during the moratorium period and seeking an extension of the moratorium

'Scam 1992' recreates the time Harshad Mehta shook the stock market

Scam 1992, helmed by the seasoned Hansal Mehta, is a fairly elaborate take on the stockbroker's tumultuous existence

India's gold imports dip after brief rebound as prices curb demand

Inbound shipments fell 38 per cent in September from a year earlier to 8.4 tons, according to a person familiar with the data

Large companies to grow larger amid Covid-19 pandemic, says BNP Paribas

Despite taking a hit on profitability amid the pandemic, companies with strong balance sheets are gaining market share because of consolidation in their respective sectors

Vedanta's failed delisting bid comes under Sebi's scanner; stock falls 20%

Regulator to probe various aspects of failed deal, including placement of 120 mn unconfirmed bids

Mazagon Dock Shipbuilders up 19% on debut, UTI AMC lists at a discount

Mazgaon Dock is the only shipyard to have built destroyers and conventional submarines for the Indian Navy

Delisting a costly affair: Promoters must be ready to pay through the nose

Industry players said that public shareholders often get greedy with the asking price for tendering the shares

Weak credit card spends due to job loss snatch banks' low-hanging fruits

September's seven per cent year-on-year credit card outstanding is the poorest in recent years

Tiger-backed RKSV shoots past rivals, becomes second largest Indian broker

Tiger Global Management-backed RKSV Securities India became the second-biggest broker in the country after nearly doubling the number of its customers to 1.2 million in the 6 months through September