Page 2265 - Markets News

Covid-19 impact: Nifty50 scorecard shows worst profit slump in 6 years

Profits at NSE Nifty 50 Index members fell about 15% last quarter from the same period last year, the worst drop since at least 2014, according to Bloomberg-compiled data.

Erroneous price feeds for F&O contracts disrupt trading on Bank Nifty

Several brokers cautioned investors and some halted trading in Bank Nifty contracts - the second-most traded index derivatives - citing irrational gap between 'buy' and 'sell' quotations.

Bank of Mauritius approaches RBI to clear the air on NBFC impasse

Bank of Mauritius has written to its Indian counterpart, explaining the mechanism by which investments are greenlighted via the country, and highlighted importance of Mauritius as an investment hub

Credit funds could see unlisted exposure rise over high redemptions

Shrinking asset size has added to challenges in bringing down levels of such investments

India's policy uncertainty at 81-month high as index rises 4 months on trot

The last time index was this high was in August 2013 as country dealt with so-called taper tantrum. At the time, US Fed had begun reducing amount of money it made available for easy borrowing

Vodafone Idea stock doubles in just one month, CLSA sees more upside

Vodafone Idea's ARPU at Rs 109 is nearly 20 per cent lower than Bharti Airtel. CLSA expects the company's ARPU to grow by 30 per cent by FY22, underpinned by tariff hikes

Coronavirus impact: Sebi extends regulatory filing deadline for AIF, VC

The regulator said a need has been felt to further extend the timelines for regulatory filings for such entities

Faulty price feeds in F&O contracts disrupt trading, brokers approach NSE

Several brokers cautioned investors and some halted trading in Bank Nifty contracts, the second-most traded index derivatives

Market Wrap, June 4: Here's all that happened in the markets today

Sensex shed 129 points or 0.38 per cent to settle at 33,980.70, with Tech Mahindra (up over 5 per cent) being the top gainer and Asian Paints (down around 5 per cent) the biggest loser

MARKET: Financials drag indices lower; Sensex dips 129 pts, Nifty holds 10K

All that happened in the markets today

VST Tillers surges 41% in three days on strong tractor sales in May

The company sold 633 units of tractors in the month of May 2020, as against 527 units in the same month last year.

Jindal Steel soars 8% on healthy monthly sales, surges 58% in one month

The company recorded the highest ever standalone steel sales of 640,000 tonnes in May 2020, up 28% year-on-year (YoY), with the revival of domestic demand.

SBI Q4 preview: SBI Cards stake sale to aid profitability; NPA levels eyed

According to analysts, gains from SBI Cards stake sale, worth Rs 3,000 crore, may support profitability.

L&T Q4 preview: Analysts see muted nos amid Covid-19; order inflow eyed

Usually, Q4 is an execution-heavy quarter for capital goods players, but the lockdown has affected execution and deliveries for most companies.

DLF, Godrej Properties: Use dips to buy realty stocks for the long term

Real estate stocks were in limelight on Thursday, after Union Minister of Commerce & Industry asked developers to cut prices and sell inventory rather than wait for the market to bounce back

BPCL declines 3% on Q4 pre-tax loss of Rs 2,959 crore, recovers later

Consolidated loss after tax for the period was at Rs 1,819.56 crore against a profit of Rs 3,131.66 crore a year ago

Saregama India shares zoom 44% in 2 days on Facebook deal

Saregama owns the largest music archives in India

Aurobindo Pharma gains 5%, hits 52-week high as Q4 net profit jumps 45% YoY

That apart, the company informed the exchanges that the US FDA has classified the inspection of the company's oral solids formulation manufacturing facility at New Jersey as Official Action Indicated

Stocks to watch: BPCL, HDFC Life, DLF, Aurobindo Pharma, RIL, SRF, GAIL

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

What is 'market capitulation' and how you can identify such a move

Capitulation can be effective in various ways as it can lead to selling exhaustion, thereby prompting fresh stock buying.