Page 2248 - Markets News

Oil down $2 as US crude inventories swell, Covid-19 resurgence feared

Brent crude was down $2.04, or 4.8 per cent , to $40.59 a barrel by 11:03 a.m. EDT (1503 GMT), a day after hitting its highest since prices started plunging in March

Wall Street slumps on virus worries, grim economic forecast; Dow falls 2%

The S&P 500 was down 55.89 points, or 1.78%, at 3,075.40; the Nasdaq Composite was down 136.26 points, or 1.34%, at 9,995.11

Sebi comes up with guidelines on order-to-trade ratio for algo trading

In a circular, the Securities and Exchange Board of India (Sebi) said it has decided to modify existing OTR framework after receiving requests from the stock exchanges

Majority of Indian investors trust domestic financial markets: Survey

The fourth edition of trust report by CFA Institute revealed that 87 per cent of Indian investors trust domestic financial markets, up from 71 per cent in 2018

Market Wrap, June 24: Here's all that happened in the markets today

Asian Paints (up nearly 4 per cent) ended as the top gainer on the Sensex index

MARKET WRAP: Sensex falls 561 pts ahead of F&O expiry; financials top drag

All that happened in the markets today

Hero MotoCorp hits over seven-month high; stock surges 56% in 3 months

Analysts at ICICI Securities believe HMCL has potential growth tailwinds in H2FY21 from rural recovery and downtrading in motorcycles

Trying to resolve legal issues, return investor's money: Franklin Templeton

In a letter to investors, Franklin Templeton MF President Sanjay Sapre has updated them on the winding up process of six debt income schemes

Fortis Malar, Lal Path Labs: Diagnostic and healthcare stocks on the charts

Stocks of diagnostic chains and hospitals have been in focus as Covid-19 pandemic spread across the country. Is it a good strategy to stay put in these counters? Here's what the charts suggest

Page Industries surges 10% despite disappointing March quarter results

Despite a challenging FY20, the company generated healthy cash flow from operation worth Rs 517 crore

Glenmark Pharmaceuticals declines 13% in two days on profit booking

The stock has jumped 40 per cent in the intra-day trade on Monday after the firm received approval for Favipiravir's (Fabiflu), a potential Covid-19 drug, by the Drug Controller General of India

Asian Paints rallies 7% post March quarter results; stock top Sensex gainer

For the quarter under review, the paint company posted a profit before tax (PBT) of Rs 699 crore on a consolidated basis, down 5.68 per cent year-on-year (YoY).

Bank of Baroda jumps 9% as Q4 profit beats Street estimates, slippages dip

BoB reported a strong performance on impairment ratios with gross and net NPLs declining 100bps QoQ to 9.4% and 3.1% respectively

Balrampur Chini gains 5% post Q4 results, share buyback announcement

The company announced a buyback of 10 million shares at Rs 180 per share via tender offer

JMC Projects jumps 20% on bagging new orders worth Rs 938 crore

JMC Projects had hit a 52-week high of Rs 147 on June 26, 2019 while its 52-week low level stands at Rs 29.50, hit on March 23 this year.

Stocks to watch: Embassy REIT, Asian Paints, IOC, GAIL, Wipro, Adani Power

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

Nifty is headed towards 10,900, says Vinay Rajani of HDFC Securities

The support for Bank Nifty is seen at 21,500, while Nifty has got support at 10,300.

Market Ahead, June 24: Top factors that could guide markets today

The SGX Nifty, though, is trading with a slight cut and is indicating an open around 10,470 levels for the Nifty today

Sebi lays down operational framework for transactions in default debt

Experts say the move can help mutual funds sell debt papers, which have defaulted to distressed funds

Cadila's renewed focus on India biz, Covid-19 opportunities lend confidence

Renewed focus on India, new drug launches in US lend comfort