Page 2269 - Markets News
Tata Motors up 5% as Co resumes operations across all manufacturing plants
In the last one week till June 2, Tata Motors surged 14.06 per cent as compared to 7.02 per cent gain in the S&P BSE Sensex
 "Tata Motors up 5% as Co resumes operations across all manufacturing plants")
HDFC Life Insurance gains 4% after huge block deals
At 09:40 am, around 26.2 million equity shares, representing 1.3 per cent of total equity of HDFC Life Insurance, changed hands through block deals on the BSE
 "HDFC Life Insurance gains 4% after huge block deals")
IDBI Bank zooms 57% in 3 days post Q4 nos; m-cap surpasses IndusInd Bank
At 09:17 am, the lender's m-cap hit Rs 330 billion-mark, and was ahead of IndusInd Bank's m-cap of Rs 312 billion, the BSE data shows.
 "IDBI Bank zooms 57% in 3 days post Q4 nos; m-cap surpasses IndusInd Bank")
Stocks to watch: IndiGo, Britannia, RIL, Eris Life, Lupin, Syngene Int'l
Here's a list of the top stocks that may remain in focus today
 "Stocks to watch: IndiGo, Britannia, RIL, Eris Life, Lupin, Syngene Int'l")
Market Ahead, June 3: Top factors that could guide markets today
Tata Motors' stock could be active in today's session after the company announced that it has resumed operations across all its manufacturing plants in the country
 "Market Ahead, June 3: Top factors that could guide markets today")
IndiGo Q4 loss at Rs 871 cr, defers new capacity addition amid Covid-19
"With the prevailing uncertainty due to pandemic, we are not in a position to provide capacity growth guidance," the airline stand in a statement.
 "IndiGo Q4 loss at Rs 871 cr, defers new capacity addition amid Covid-19")
Vodafone Idea, Britannia: Stocks of MNCs zoom up to 144% in two months
The outperformance of MNCs has seen 19 such stocks grab a spot in the top 100 list of companies by m-cap, compared to 14 firms as on Jan 20, 2020, when the benchmark indices hit their all-time high.
 "Vodafone Idea, Britannia: Stocks of MNCs zoom up to 144% in two months")
Retailers to gain from easier norms, recovery longer for malls, multiplexes
The relaxation also comes as a relief given that consumption segments were impacted by the slowdown even prior to Covid-19
 "Retailers to gain from easier norms, recovery longer for malls, multiplexes")
Markets shrug off Moody's rating downgrade; Sensex, Nifty rise 1.6%
The rupee and the 10-year government bond, too, held steady, despite the red flags raised by the rating agency.
 "Markets shrug off Moody's rating downgrade; Sensex, Nifty rise 1.6%")
IndiGo: Near term outlook to be tough; weak demand, higher costs to weigh
The challenge for IndiGo as highlighted by the management is to manage cash and liquidity rather than look at profitability and growth
 "IndiGo: Near term outlook to be tough; weak demand, higher costs to weigh")
US equity funds outperform domestic schemes amid volatile markets
Mid-cap funds have delivered returns of 1.14 per cent as broader market indices put on a better showing than the 30-share Sensex in May
 "US equity funds outperform domestic schemes amid volatile markets")
Surprise index signals emerging market stocks rally may have more legs
The surprise index has tended to be a leading indicator for the performance of developing-nation equities
 "Surprise index signals emerging market stocks rally may have more legs")
RBI seeks clarity from govt on Taiwan's foreign direct investment status
The political and legal status of Taiwan is a contentious issue, with China seeing Taiwan as a breakaway province that will eventually be part of the country again
 "RBI seeks clarity from govt on Taiwan's foreign direct investment status")
Despite Moody's rating downgrade, indicators point to rupee revival
Currency dealers say the Reserve Bank of India (RBI) intervened in the currency markets, and may have even bought some bonds anonymously from the secondary markets.
 "Despite Moody's rating downgrade, indicators point to rupee revival")
RIL rights issue oversubscribed nearly 1.3 times with one day still to go
Reliance Industries Ltd's Rs 53,124 crore rights issue, which has already been oversubscribed, on Tuesday received further bids for 8.8 crore
Sebi allows N Ravichandran to subscribe shares in RIL's rights issue
In addition, he has been permitted to convert the physical share certificates held by him into the Demat form within three months
 "Sebi allows N Ravichandran to subscribe shares in RIL's rights issue")
Market Wrap, June 2: Here's all that happened in the markets today
BSE Sensex rallied 522 points or 1.57 per cent to 33,825.53 levels, thanks to buying in financial counters such as HDFC, HDFC Bank, ICICI Bank, Bajaj Finance, Axis Bank
 "Market Wrap, June 2: Here's all that happened in the markets today")
Vodafone Idea soars 20% on heavy volumes, hits 6-month high
The stock has rallied 35 per cent in the past three days.
 "Vodafone Idea soars 20% on heavy volumes, hits 6-month high")
Financials lead in Sensex's 522-pt rally; Nifty ends 153 pts up at 9,979
All that happened in the markets today
 "Financials lead in Sensex's 522-pt rally; Nifty ends 153 pts up at 9,979")
IndiGo Q4 preview: Analysts see loss up to Rs 2,600 cr amid Covid-19 woes
Rise in fuel costs due to depreciation of rupee during the quarter, slight decline in passenger load factor, but marginal expansion in fleet capacity are some other factors that could affect earnings
 "IndiGo Q4 preview: Analysts see loss up to Rs 2,600 cr amid Covid-19 woes")