Page 2270 - Markets News

VST Tillers freezes at 20% upper circuit ahead of May sales numbers

The company had posted strong sales in April 2020 with total sales climbing 51 per cent YoY to 1,089 units from 721 units in April 2019.

TCS, Pidilite, MCX, EID Parry: 42 stocks that are 10% away from 52-wk highs

Britannia has broken out of the consolidation range of Rs 3,400 to Rs 2,400 levels while Escorts witnesses buying above the resistance level of Rs 900.

Analysts ride two-wheeler stocks for gains as India eases Covid-19 lockdown

Expected demand pick-up in tier-II and tier-III cities as well as preference for personal mobility amid the Covid-19 health concerns are the top two factors that would drive the demand, analysts say.

Nifty Pharma gains 2.5%, crosses 10K mark for the 1st time since Oct 2018

Aurobindo Pharma, Biocon, Cipla, and JB Chemicals & Pharmaceuticals hit their respective 52-week highs on the NSE on Tuesday.

Adani Green surges 5%, hits record high on no material impact of Covid-19

The company doesn't expect any issue in servicing the debt and other financing arrangements.

Tata Power gains nearly 7% as it completes 51% stake buy in Odisha's TPCODL

TPCODL was incorporated on April 6, 2020 as a wholly-owned subsidiary of GRIDCO Limited (GRIDCO) to carry out the business of Central Electricity Supply Utility of Odisha (CESU).

Mahindra & Mahindra rallies 10% in 2 days on healthy tractor sales in May

The timely relaxation of the lockdown for the agricultural sector ensured speedy recovery of tractor demand during May.

Stocks to watch: RIL, IndiGo, Britannia, Hero Moto, Wipro, Coal India, NCC

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

Moody's downgrade: Expect bouts of correction; sell-off in markets unlikely

Stock markets generally discount an outcome a few months in advance. They might have seen the bottom in March, unless a more ferocious second wave results in a fresh lockdown, writes Ambareesh Baliga

Moody's downgrade of India's sovereign debt had been on cards for months

In comparative terms, India has been a laggard among Emerging Markets in 2020. The downgrade just makes the task of its economic recovery a little more daunting

Market Ahead, June 2: All you need to know before the opening bell

A total of 18 companies, including the likes of Britannia, Indigo, and Motherson Sumi, are scheduled to announce their results today which will induce individual stock reactions

Nifty view & stock calls by Anand Rathi: Buy Bharti Airtel, Cadila Health

The stock of Bharti Airtel is making a higher top and higher bottom pattern on the daily chart and has formed a Doji candlestick pattern which hints of a trend reversal

Growth, margin uncertainty likely to impair recovery in IT stocks

Scaling up of new deals and lowering costs are imperative for the up to 33 per cent gains in share prices to sustain

Moody's rating downgrade unlikely to rattle markets, say experts

'It was expected that Moody's would align back India's rating with Fitch and S&P'

As investor exits continue, credit risk funds lose half of their asset base

Fear of worsening credit profile, economic uncertainty, trigger investor exits

Nifty zooms 1,000 points in just 9 trading sessions; HDFC Bank shines

Interestingly, all the 50 Nifty components have delivered positive gains during this period.

IDBI AMC, IDBI MF Trustee Company settle BILT case for over Rs 90 lakh

Sebi had initiated inspection after finding BILT subsidiary's default

Centre marginally hikes kharif MSP even as rising food subsidy weighs

Farmers question calculation method, say returns remain inadequate

New launches, cost-control efforts, margin improvement crucial for Lupin

Resolution of compliance issues at Goa, Indore plants are other triggers

RIL's Rs 53,125-cr rights issue fully subscribed two days ahead of closing

The rights issue closes on June 3. Shares of RIL closed at Rs 1,520 on Monday