Page 2246 - Markets News

Investment manager allowed to manage multiple InvITs, says Sebi

An investment manager is allowed to manage multiple emerging investment vehicles, or InvITs, securities market regulator Sebi has said

Market Wrap, June 26: Here's all that happened in the markets today

On a weekly basis, Sensex gained 1.26 per cent while Nifty added 1.35 per cent

Sebi to recruit executive directors for faster execution of regulatory work

The appointment of executive directors will be either on contractual or deputation basis for a period of three years, the regulator said in a public notice on Friday

IT stocks rally post encouraging Q3 results by Accenture; Infosys jumps 7%

The S&P BSE Information Technology index ended over 5 per cent higher at 15,125 levels.

MARKET WRAP: IT stocks, HDFC Bank, RIL help Sensex settle 329 pts higher

All that happened in the markets today

Uncertain outlook, higher debt to keep Ashok Leyland stock under pressure

The company lost 200 basis points market share in M&HCVs in FY20

Ruchi Soya surpasses Marico in market-cap ahead of Q4 results

With the market-cap of Rs 45,592 crore, the company today surpassed packaged foods firm Marico (Rs 44,489 crore) and United Spirits (Rs 43,354 crore)

ITC Q4 preview: Cigarette volume growth, hotel business outlook eyed

During the period under review, ITC's stock surged dipped 27.7 per cent as compared to a 9 per cent fall in the NIfty FMCG index.

Global equity markets are likely to continue their up move: Chris Wood

Most analysts agree that the road ahead for the markets will depend on how the government and other policymakers - in India and other countries - adopt measures to combat this crisis.

Future Consumer zooms 141%, Future Retail rallies 94% in one month

According to the report, Reliance Industries is closing in on a deal that would see it acquire stakes in some units of Future Group.

Oil gains on growing fuel demand, even as coronavirus cases surge worldwide

Analysts said satellite data showing a strong pick-up in traffic in China, Europe and across the United States pointed to an improvement in fuel demand

Aarti Drugs hits fresh all-time high; stock zooms 165% in 3 months

According to analysts at Centrum Broking, the launch of new products would improve the company's margins in the coming quarters

Petrol crosses Rs 80/litre in Delhi. Trading strategy for HPCL, BPCL, IOC

Petrol prices on Friday crossed the Rs-80 mark in Delhi as OMCs announced the 20th hike in a row. Petrol price was increased by 21 paise to Rs 80.13 per litre in Delhi. Diesel jumped by 17 paise

Indian Overseas Bank surges 21% in 2 days post Q4 results, hits 52-wk high

The bank reported a net profit of Rs 144 crore in Q4FY20 as against a net loss of Rs 1,985 crore in Q4FY19.

Ashok Leyland shares rise 3% despite 92% fall in March quarter profit

For fiscal year 2019-20, the company posted a consolidated net profit of Rs 459.80 as compared with Rs 2,194.60 crore in 2018-19

IRCTC slumps over 5% as Railways cancels regular trains till August 12

Besides, IRCTC is set to report its March quarter earnings later in the day. According to analysts at Spark Capital, the company's profit may dip 35% QoQ to Rs 133.5 crore for the quarter under review

PNC Infratech jumps 16% on receipt of LOA for HAM project of Rs 1,412 cr

The project is to be constructed in 24 months and operated for 15 years post construction.

Moratorium hides asset health of PSBs, helps banks post lower NPAs

On aggregate basis, gross NPA ratio of 8 PSBs declined by 132 bps

Stocks to watch: ITC, Ashok Leyland, RIL, CIL, Glenmark Pharma, BOI, CONCOR

Here's a look at the stocks that may remain in focus today

Market Ahead, June 26: All you need to know before the opening bell

The SGX Nifty was up around 60 points at 7:30 AM, and was indicating an open above 10,300 levels for the Nifty today