Page 2210 - Markets News

RBI extends debt restructuring for MSME, ups gold LTV ratio; bank stks gain

The RBI will constitute an Expert Committee which shall make recommendations on the required financial parameters, along with the sector specific benchmark, to be factored into debt resolution plans

5 rate sensitive stocks that look bullish on the charts post RBI policy

Interest rate sensitive stocks traded in a narrow range. Realty stocks, however, bucked the trend with the Nifty Realty index rallying over 1 per cent post the development.

Pragmatic view taken by the RBI; still expect rate cuts going ahead

The repo rate call was a tough one to take considering that inflation is high and at the upper level of the band

Birlasoft rallies 19%, hits 52-week high as Q1 net profit rises 35% YoY

The company's revenue for the quarter under review came in at Rs 915 crore, up 17.7 per cent YoY.

Eveready up 3% as India Ratings upgrades long term credit to 'IND BB+'

The upgrade reflects EIIL's improved liquidity position aided by deleveraging in 2HFY20, coupled with sustained profitability in FY20, India Ratings said in a press release

NIIT Ltd up 3.5% as Massachusetts Institute Of Technology ups stake

NIIT Ltd had divested its shareholding in NIIT Technologies last year. The revenue remained flat at Rs 201.8 crore in the April-June 2020 quarter from the year-ago period

Apollo Tyres slips 4% as Co reports net loss of Rs 135 cr for June quarter

The tyre maker had reported a net profit of Rs 142 crore in the April-June last fiscal.

Alkem Lab jumps 4.5% as it launches Favipiravir drug to treat Covid-19

Alkem Laboratories has launched Favipiravir under the brand name 'Alfluenza' in India for the management of mild to moderate cases of Covid-19

Adani Gas declines 4% after Q1 net profit falls 42% YoY to Rs 46 crore

Adani Gas said piped natural gas home connections increased to 4.38 lakh (979 new connections in Q1 FY21). Commercial and industrial connections increased to 4,448 during the period under review

HDFC launches Rs 14,000 crore QIP at floor price of Rs 1,838; stock up 1.5%

The floor price is at a 3.5 per cent premium of Wednesday's close price. The company will use part of fresh capital for funding inorganic opportunities and investments in existing group businesses.

Here's why Three Black Crows are an ominous sign for the stock market

This pattern signals a bearish sentiment and one should be cautious once this pattern is visible on the charts.

Nifty needs to hold 11,100 for further upside: CapitalVia Global Research

We can witness short-covering move along with the addition of fresh position only if the Nifty breaches 11,200 level.

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

According to Bank of America Merrill Lynch, the central bank may opt for a 25 basis point cut in the repo rate

US-led growth helps Cadila post steady Q1 show even as India biz falters

While India business disappointed, lower expenses helped margins

Share of non-institutional investors in cash volumes climbs to 11-year high

Experts attribute the development to rising interest for direct equity among retail investors

Unsuccessful delisting bids: Euphoric investors get a reality check

INEOS is the latest to see stock tank after failed move

Street awaiting Godrej Consumer Products' Africa business recovery

Domestic business grew 5% in the June quarter; the fall in Africa biz was 22%

Promoters turned cautious with share pledging in June quarter, shows data

The brokerage said the decline is on account of rejig in the BSE 500 index and also due to the complete release of pledged shares in case of some companies

Looking for a second home? UK, Spain among top destinations: Knight Frank

One in four people surveyed by Knight Frank said they were more likely to move in the next 12 months as a result of the Covid-19 pandemic

Govt extends Sebi chairman Ajay Tyagi's term for another 18 months

Tyagi's predecessor UK Sinha, who was initially appointed for a three-year term, was also given multiple extensions