Page 2298 - Markets News

Stimulus for MSME, NBFCs fails to lift sentiment; Sensex tanks 886 pts

All that happened in the markets today

Bharti Infratel extends rally on heavy volumes, surges 30% in 6 days

The stock was trading higher for the sixth straight day

Lupin gains 3% as Vizag API facility receives EIR from USFDA

Brokerage firm Prabhudas Lilladher has upgraded Lupin's stock to 'Buy' from earlier 'Reduce' with target price of Rs 978

Indiabulls Hsg, Bajaj Fin: 5 NBFCs that are heading towards breakout levels

Finance Minister Nirmala Sitharaman announced a major liquidity boost of Rs 75,000 crore to NBFCs and microfinance institutions (MFIs).

Godrej Consumer gains 6% despite 75% drop in March quarter net profit

Net sales (revenue) declined 12.2 per cent to Rs 2,132.69 crore against Rs 2,429.68 crore in the corresponding quarter of the previous fiscal.

IOL Chemicals extends rally in a weak market, zooms 124% since April

Foreign portfolio investors increased their holding in IOL Chemicals to 2.61 per cent in March 2020 quarter, from 1.32 per cent at the end of December 2019 quarter.

Stimulus will keep NBFCs and MFIs afloat, but won't be able to revive them

It is important to wait for the entire package to come to see if the measures will improve demand in the economy in any manner

FM targeted liquidity issues; sustained upturn in market will take time

The financial markets is expected to behave in a measured manner, given the cautious environment and weakening sentiments

Syngene International gains 5% on healthy March quarter results

The company's profit after tax rose 20 per cent to Rs 120 crore relative to last year's profit of Rs 100 crore.

Power stocks rally on FM's Rs 90,000 crore liquidity boost for discoms

Power Finance Corporation and Rural Electrification Corporation will infuse liquidity in the discoms to the extent of Rs 90,000 crore in two equal instalments

Here's how you can use Bollinger Bands to spot trading opportunities

It gives signals that can establish a potential trade. The accuracy is decent and the trader needs to be on his toes to capture the price move.

Stocks in focus: Financials, power, realty shares, Maruti, Infosys, Biocon

Here's a look at the top stocks that may trade actively in today's trading session

Market Ahead, May 14: All You Need To Know Before The Opening Bell

A total of 18 companies including Biocon, Escorts, and Manappuram Finance are scheduled to announce their results today

Oil prices up on surprise decline of US inventories; demand concerns linger

Prices have risen in the past two weeks as some countries relaxed coronavirus restrictions and lockdowns, giving hope for a pickup in fuel demand

Nifty may face stiff resistance at 9,500 level: Gaurav Garg of CapitalVia

As per weekly option data, handful of put writing on lower strikes ranging from 9,200 to 9,400 is seen which shows Nifty would witness firm support in sub 9,200 zone

Vedanta delisting price should be raised, say experts; stock ends 1% higher

On Tuesday, VRL had said it would acquire 49.86% from public shareholders at Rs 87.5 a share to delist Vedanta - lower than its last closing price of Rs 90.2

Lockdown impact: Weak volumes to aggravate margin pressures for Maruti

Shift towards entry-level segment a positive given its contribution to revenues

Coronavirus impact: Nestle Q1 an outlier as consumers focus on food

Robust portfolio, cost efficiency to keep earnings momentum strong

Indices jump reined in by global risk aversion amid Covid-19 fears

The Sensex gained 638 points or 2.03% to close at 32,009, while the Nifty rose 187 points or 2.03% to close at 9,384

Banks, NBFCs may see some rally after Rs 6 trn relief package by FM

Investors may pause to see the entire scheme of funding, and impact on bonds