Page 2274 - Markets News

IT stocks: Investors should wait till clarity on growth, margin emerges

Fewer deals wins, delay in ramping up of existing deals and likely price cuts are key worries expected on the back of subdued demand, thanks to the disruption in the global economy

Street positive on Motherson despite weak outlook, drop in Q4 revenue

Strong operating performance, falling debt keep Street positive

Nifty reclaims 10,000-mark, a first in 3 months as indices gain for 6th day

The Nifty ended the session at 10,062, gaining 0.83 per cent, or 83 points. The Sensex, on the other hand, rose 284 points, or 0.84 per cent, to end the session at 34,110

RIL rights issue subscribed 1.6 times on attractive discount to CMP

Market players say strong demand for issue underscores investors faith in firm's long-term prospects

Stocks zoom despite record equity issuances, beating historical trend

Trend challenges theory that large share sales suck out secondary market liquidity, say analysts.

PSBs may report weak loan growth, NII amid Covid-19 crisis in Q4: Analysts

Growth, asset quality and NPA resolutions remain key metrics to be watched for the entire lending space given uncertainty regarding the return to normalcy amid Covid-19 pandemic, say analysts

Market Wrap, June 3: Here's all that happened in the markets today

BSE Sensex ended 284 points or 0.84 per cent higher at 34,109.54 levels while NSE's Nifty gained 82 points or 0.83 per cent to settle at 10,061.55

Indices gain for 6th day, Nifty reclaims 10K; PSBs, realty stocks rally

All that happened in the markets today

Mahindra & Mahindra rallies 6% as board to consider fund raising plan

The board will meet on June 12, to consider raising of funds by way of issuance of securities including but not limited to secured/unsecured redeemable NCDs on private placement basis.

Pharma, auto, telecom, and FMCG stocks help Nifty regain 10,000 levels

The Nifty50 index reclaimed the psychological level of 10,000 for the first time since March 13

Sensex, Nifty: Does the market rally have more legs? Here's what charts say

The sharp upswing in the market has got several traders off guard. Shrugging off grim economic forecasts and rising Covid-19 cases, the benchmark Nifty has climbed 11.4% from May 18

Britannia surges 7%, hits new high as Q4 nos come in-line with expectations

The FMCG major said that after the initial hiccups, the firm coped up well and witnessed 20 per cent rise in revenues in April, and 28 per cent in May

IndiGo soars 13% as Q4 earnings beat Street expectation

Foreign brokerage Credit Suisse maintains 'Outperform' rating on the stock on hopes that the airline would turn profitable by FY22.

Adani Group stocks in focus; Adani Green hits new high, Adani Gas jumps 16%

The board of directors of Adani Power is scheduled to meet today to consider the proposal for the voluntary delisting of the equity shares of the company.

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

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

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.

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

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

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.