Page 2225 - Markets News

Sanofi India: Sturdy balance sheet, cash-generation augur well for company

High growth visibility in chronics, strong balance sheet will help sustain premium valuation

Jio delivers strong Q1 performance on subscriber addition, ARPU growth

The other metric which helped drive the Q1 show was a 7 per cent sequential uptick in average revenue per user (ARPU) as compared to analyst estimates of a marginal dip

China's positive GDP growth rate may take a bite out of India's FPI flows

China's economy grew 3.2% in the second quarter, following a slump of 6.8% in the first, according to its National Bureau of Statistics

Nasdaq-beating market rally sends BSE IT Index to a record high

The 50-member S&P BSE Information Technology (BSE IT) Index jumped to a record high this week, taking its advance since the end of March to more than 40%

Dabur's aggressive focus on healthcare products is paying off

Segment supported performance in Q1, which saw revenue decline by 12.9% and PBT by 8.5%

Sebi slaps Rs 2 cr fine on 4 entities in HDFC AMC front-running case

The regulator levied a fine of Rs 50 lakh each on Nilesh Kapadia and Dharmesh Shah, Rs 40 lakh on Ashok Nayak and Rs 60 lakh on IKAB Securities and Investments Ltd.

Oil prices slide as surge in Covid-19 cases weighs on demand outlook

US West Texas Intermediate crude futures were down 70 cents, or 1.7 per cent, at $40.57 a barrel

Direct market access in exchanges will pose higher systemic risk: Brokers

Experts say playing various functions of an intermediary may not be feasible for exchanges

LIC's portfolio up 34% in FY21 at Rs 5.79 trn; RIL, Infy top contributors

The study is based on 351 companies' data from Capitaline Plus, where LIC held over 1 percentage point stake in the June quarter. These companies accounted 72% of total m-cap of BSE-listed companies

RIL's profit before tax dips 6%; petroleum retail biz valued at $2.04 bn

Its total income stood at Rs 95,626 crore against Rs 165,199 crore recorded in April-June 2019 indicating improved margins

RIL posts 31 % YoY rise in Q1 consolidated net profit at Rs 13,233 crore

Revenue from operations came in at Rs 91,238 crore, down 43.8 per cent from the June 2019 quarter

Market Wrap,July 30: Here's all that happened in the markets today

BSE Sensex slipped 335 points, or 0.88 per cent, to settle at 37,736 levels. IndusInd Bank (down over 5.6 per cent) ended as the biggest loser on the index

F&O Expiry: Financials drag indices, Sensex falls 335 pts; HDFC slips 4%

All that happened in the markets today

'Markets may remain volatile and directionless in next couple of months'

Some sectors like telecom, FMCG, select consumer durables, two-wheelers, IT, and select financials etc. are likely to recover faster, Jain said

National Education Policy 2020 unveiled. Time to buy related stocks?

Navneet Education's stock is set for a breakout above Rs 85. Check out the trading strategies for the other stocks in the education sector

TCS, Infosys, and Dr Reddy's shares hit fresh record highs

Dr Reddy's rallied 5 per cent to Rs 4,524 today, surging 12 per cent in the past two trading days after the company reported a strong operational performance in Q1FY21.

SBI Q1FY21 preview: Stake sale gain from SBI Life to cushion Covid-19 blow

Amid declining interest income and lower net profit sequentially, analysts see India's largest public sector bank's business growth to be modest in the recently concluded quarter

Glenmark Pharma surges 6% as S&P Global sees stable cash flow in 2 years

Glenmark's operating cash flows, lower capital investments, and plans to channel proceeds from the sale of non-core assets to pay debt should improve its ratio of funds from operations to debt

Bharti Airtel gains 2%, nears all-time high post June quarter results

The firm posted an over two-fold jump in profit before tax (PBT) of Rs 372 crore for the quarter before exceptional items

IndiGo tanks 4% on record Q1 net loss of Rs 2,844 crore, recovers later

The airline recouped morning losses and was trading 1.73 per cent higher ahead of its Board meeting, scheduled for later today, to consider raising Rs 2,000 crore