Page 2238 - Markets News

'Difficult to argue for material upside in the market from current levels'

Any delay or disappointment on earnings recovery in FY22 can mean downside risk to the market, according to Badshah

YES Bank FPO: Don't judge it on the basis of price discount alone

NPA-adjusted valuations are not attractive; asset quality is a concern

Franklin Templeton schemes receive pre-payment from Nirma's cement arm

The two debt papers were to mature in September 2020 and September 2021, respectively

Dow Jones, Nasdaq rise over 1% on Covid-19 vaccine hopes, Pepsi boost

The Dow Jones Industrial Average rose 149.77 points, or 0.57%, at the open to 26,225.07

PepsiCo's results beat analysts' estimates as lockdowns boost snack sales

For PepsiCo, sales of snacks under the Frito-Lay North America unit rose 7% in the second quarter ended June 13, while Quaker Oats surged 23%

Amfi hired agency to carry out valuation of market-linked debentures: Sebi

The regulator has made these changes because of amendment done in rating agencies' norms, Sebi said in a circular.

Inflows into Jio limit fall in H1 PE/VC investments to 10% at $18.3 bn

In terms of deal type, buyouts were the most affected with only 14 transactions worth $794 million compared to 27 worth $6.2 billion in the year-ago period

Securitisation volume dips 85% to Rs 6,200 cr in Q1FY21 on slow collections

In Q1FY20, the share of gold loans was 20 per cent, in Q1FY19 it stood at 7 per cent and was a meagre 2 per cent in Q1FY18. CRISIL said.

Market Wrap, July 13: Here's all that happened in the markets today

The Indian markets on Monday climbed off the day's high but still ended in the positive territory, thanks to buying in Reliance Industries (RIL), IT and metal stocks

Sensex ends 99 pts up on buying in RIL, IT stks; Nifty closes above 10,800

All that happened in the markets today

Pharma firms face tough Q1 as sales see sharp drop on Q4 channel stocking

Analysts estimate sequential decline of 18-26% during the quarter

HUL to consider special interim dividend on July 21; stock hits 10-wk high

The stock of the fast-moving consumer goods (FMCG) giant has gained nearly 5 per cent in the past two trading days.

Wipro Q1 preview: Covid-19 to dent numbers; strategy under the new CEO key

It will be the first quarterly result announcement by the company under its new CEO, Thierry Delaporte, who took charge of the firm earlier this month.

HDFC Bank slides 3% on report of improper lending in vehicle finance unit

"The result of the investigation followed issues thrown up by an internal audit of the bank's vehicle-dealer lending, as well as allegations of conflicts of interest," the report said

Healthcare services stocks in focus; Dr Lal PathLabs, Thyrocare up over 5%

Metropolis Healthcare, meanwhile, rallied 7% to Rs 1,579 today, and were trading higher for the eighth straight day

ITC, HDFC Bank, and 62 other stocks face stiff resistance at 200-DMA

The 200-DMA is acting as a major hurdle for major stocks like ACC Ltd, Adani Ports, and Asian Paints, among others

RIL hits new high on closing deals with 4 investors; m-cap above Rs 12 trn

Altogether, Reliance Industries has sold 25.24 per cent stake in Jio Platforms Ltd and raised over Rs 1.18 trillion in the process

Omaxe hits 11-year low despite clarification, tanks 66% in 12 days

The stock was locked in lower circuit for 12th straight trading day

Avenue Supermarts dips 6% post Q1 nos; Analysts cut target price up to 34%

The quarter, which was nearly washed-out due to the nationwide lockdown imposed to stem the spread of coronavirus, saw the company's profit after tax margin sliding to 1%, compared to 5.5% in Q1FY20

YES Bank declines for second straight day, slips 17% on heavy volumes

The bank on Friday fixed floor price for its FPO at Rs 12 per share and a cap of Rs 13 per unit