Page 2302 - Markets News

AUSFB: With multiple headwinds ahead, valuations appear expensive

Provisioning cost increased by over 3x to Rs 151 crore in Q4 as customers opt for moratorium

Indices slump 7% in two days amid concerns over health of economy

After dropping 6% a day earlier, the markets attempted to rebound with the Sensex gaining as much as 550 points intra-day amid gains in the global markets

Set up special vehicle to give liquidity to MF: Group tells central bank

Distributor's association asks regulators to extend direct credit line for industry.

BofA turns bearish on Indian banks; SBI, ICICI Bank, IndusInd downgraded

SBI, ICICI Bank, IndusInd downgraded; only HDFC Bank in 'buy' category

Cash-market volumes hit record highs in April amid a rebound in stocks

Derivatives turnover dips after Sebi curbs; average daily turnover value in equity cash segment of NSE stood at Rs 50,300 cr

Average spot power price dip 25% to Rs 2.42 per unit in April amid lockdown

Besides, the power sales volume at 4,052 million units (MU) last month was down 6.6 per cent as compared to the year-ago period, an IEX statement said.

Sebi bans Finalysis Credit, 13 others for defrauding public shareholders

Further, the entities have been restrained from holding any position as director or key managerial personnel in any listed company or any registered intermediary

Market Wrap, May 5: Here's all that happened in the markets today

Shares of state-run banks dropped with Nifty PSU Bank index hitting an over 13-year low on the National Stock Exchange (NSE) on concerns over asset quality

MARKETS: Sensex erases gains, ends 262 pts lower; banks, metals, FMCG drag

All that happened in the markets today

Nifty PSU Bank index hits lowest level since July 2006; SBI at 52-week low

The PSBs have a relatively higher share of exposure in the SME segment, and thus, asset quality should remain under pressure in the near term, according to Motilal Oswal Securities.

Aarti Industries jumps 9%, hits new high; stock rallies 31% in 8 days

The management of Aarti Industries have positive view on the long-term demand for their products

BofA Securities pegs PSBs recap requirement at Rs 52,990 cr - Rs 113,550 cr

BofA Securities believes one way to fund the requirement is via recapitalisation bonds.

Price drives growth of Rs 1.4 trillion pharma market, hits a five-year high

The rapid growth of the trade generics market which accounts for a third of pharma volumes is another trend which is impacting volume as well as overall growth of the branded segment

Bharti Airtel up 4%, nears record high; reclaims Rs 3 trillion m-cap mark

The scrip is less than 3 per cent away from its record high level of Rs 569 touched on February 17, 2020.

ICICI Bank, HDFC Bank, SBI: Will Tuesday's recovery in bank stocks sustain?

As the Nifty Bank index shows a negative reversal, the banking stocks are struggling to conquer their respective resistance levels.

Oil & gas index surges nearly 3% amid a rally in oil prices; ONGC climbs 6%

CARE Ratings believes that the demand for petroleum products will remain sluggish in the near term and H1FY21 will be considerably lower compared to previous quarters.

Rallis extends rally ahead of Q4 results; stock zooms 83% from March low

The stock is trading close to its 52-week high level of Rs 256, hit on February 20, 2020

Marico shares jump 6% as Q4 earnings meet estimates, margin expands

Marico's earnings before interest, tax, depreciation, and amortisation (Ebitda) margin increased by 58 basis points YoY to 18.9 per cent in Q4FY20

AU Small Finance hits 5% lower circuit for 2nd straight day post Q4 results

The bank reported subdued earnings dented by higher provisions toward special mention accounts (SMA) accounts

Stocks to watch: Banks, NBFCs, Marico, liquor stocks, Lupin, RBL, ICICI Bk

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