Page 2213 - Markets News

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

BSE Sensex today ended 25 points or 0.07 per cent lower at 37,663 levels while NSE's Nifty settled at 11,102, up 6 points or 0.06 per cent

Here's why analysts are bullish on Gujarat Gas despite a 75% dip in Q1 PAT

The oil and gas firm posted a consolidated net profit of Rs 59.07 crore, down 74.76 per cent YoY. The net profit margin in Q1FY21, meanwhile, came in at 5.33%, clocking a de-growth of 3.43%

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

Average spot power price falls 27% to Rs 2.47 per unit in July on IEX

Attractive price continued to ensure significant savings to distribution companies and industries during this time.

Cadila Healthcare slips 4.5% from day's high post June quarter results

The stock of the pharmaceutical firm declined 4.5 per cent from its intra-day high of Rs 411.60, also its 52-week high, touched earlier in the day.

Tata Consumer Products hits new high on 82% jump in Q1 profit, slips later

For the quarter under review, revenue from operations was up 13.44 per cent to Rs 2,713.91 crore.

BSE Metal index jumps nearly 4%; SAIL advances 7%, Hindalco surges 6%

SAIL gained 8 per cent to Rs 37.3 after the company on Tuesday informed it attained a sales volume of 15.83 lakh tonnes in July.

Bank stocks in focus; Nifty Bank up 2%; Axis Bank, HDFC Bank rally up to 4%

Financial stocks were trading actively on Wednesday ahead of the Reserve Bank of India's monetary policy outcome, due Thursday. RBL Bank, IndusInd Bank, SBI, ICICI Bank & Bandhan Bank gained up to 5%

Info Edge shares gain 7%, hit all-time high on launch of QIP

The floor price of the QIP has been fixed at Rs 3,177.18 per equity share

SPARC back in the black in Q1, reports profit of Rs 57 cr; stock jumps 14%

It's revenue from operations for the quarter under review came in at Rs 185.45 crore, clocking a growth of 970.73 per cent YoY from Rs17.32 crore reported in Q1FY20

Sashidhar Jagdishan to succeed Aditya Puri; brokerages bullish on HDFC Bank

Most brokerages have given a thumbs-up to the development, saying the appointment of an internal candidate will make the transition and subsequent handling of operations at the bank easier

PI industries surges 7%, scales all-time peak after June quarter results

The company posted a 43 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 146 crore.

Market Ahead, Aug 5: Top factors that could guide markets today

Over 65 companies, including Adani Gas, Apollo Tyres, Butterfly Gandhimathi, Canara Bank, and Cadila Healthcare, are scheduled to release their June quarter results today

11,250 crucial for Nifty to negate bearish set-up: Vinay Rajani of HDFC Sec

This sharp recovery could end up being a dead cat bounce, as the trend-line support which was recently broken could act as a resistance at 11,250

RIL's heft adds to fund managers' woes as stock makes up 20% of Sensex

Large-cap MFs risk face risk of losing out on the rally

Exide: Replacement demand, undemanding valuations to support revenues

Margins may be under pressure on higher raw material costs

Investors no longer smiling as Colgate's market share worries weigh

Rise in competitive intensity could make share gains difficult

Indices post biggest jump in 7 weeks; RIL, HDFC bank top gainers

Recouping all the losses made in the previous session, the Nifty50 index rose 211.25 points, or 1.94 per cent, to end at 11,102

India Inc can now move Sebi to settle dispute with proxy advisory firms

The circular comes a day after Sebi issued the procedural guidelines

Oil rebounds with equities offsetting the return of Opec+ supply

The market is looking for its next clear signal, with a slew of mixed data pressuring it on either side