Page 2313 - Markets News

Hindalco gains 5% after unit Novelis' Q4 results; brokerages maintain 'buy'

Novelis informed that its net income attributable to its common shareholder came in at $63 million for the quarter under review, down 39 per cent year-on-year (YoY

Asian Paints extends loss into 8th day on report RIL mulls stake sale

The company controlled by Mukesh Ambani, is in discussions with banks for a potential sale of its 4.9 per cent stake in Asian Paints through a series of block trades, reports suggest.

Dr Reddy's hits 52-week high after USFDA issues EIR for Srikakulam facility

The company said, with this, all facilities under warning letter are now determined as Voluntary Action Indicated (VAI)

RIL trades 3% higher on Vista Equity deal; rallies 30% in one month

Jio Platforms has now raised Rs 60,596.37 crore from leading technology investors in less than three weeks.

Stocks to watch: RIL, Tata Motors, RBL Bk, Adani Gas, SBI Cards, SKF India

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

Market Ahead, May 8: All You Need To Know Before The Opening Bell

A total of 13 companies, including SBI Cards and Shree Cements, are scheduled to announce their March quarter results today

ICICI Bank Q4 preview: Profit may jump 3x YoY, loans under moratorium eyed

Analysts would track the management's commentary on Covid-19 related impact, traction in deposits post investment in YES Bank, movement of reported GNPAs, and moratorium utilised by customers

Return money to investors as soon as possible: Sebi to Franklin Templeton

Over Rs 25,000 crore ($3.3 billion) worth of investments belonging to 300,000 investors are currently stuck in the six debt schemes wound up by the fund house

Sugar exports rise on weak rupee, strong demand from Indonesia, Iran

Sugar mills have already dispatched 3.7 million tonnes out of around 4.1 million tonnes of contracts signed for exports in the 2019/20 marketing year ending on September 30

Quint gets listed via little-known trading firm promoted by Raghav Bahl

In a related-party transaction, Raghav Bahl transfers digital content business from an unlisted firm to a listed one

RIL's valuation premium hits all-time high of 830 bps; stock rises over 3%

It is trading at nearly 28 times its trailing earnings per share against Sensex's 19.4

Heavy lifting by SBI, others fail to do the trick for YES Bank

Though stock gained over 6%, Q4 numbers gave investors nothing to cheer about

Targeted liquidity for NBFCs, MFs to ease systemic stress, says R Sivakumar

The outflows seen in March are a quarterly and annual phenomenon whereby some institutional and corporate investors redeem and re-invest at the start of the new quarter/year, says Sivakumar

Inflows in equity mutual funds plunge 25% to Rs 83,781 cr in FY20

This was the sixth successive year of net inflows in equity mutual funds

Blue chips see cuts in target prices; half of Nifty sees cuts of over 15%

According to data from Bloomberg, banks have seen among the sharpest cuts in target prices -- between 16 and 60 per cent.

Market Wrap, May 7: Here's all that happened in the markets today

Bank of England's statement that Britain could be headed for its biggest economic slump in over 300 years due to the coronavirus lockdown also weighed on the investor sentiment

MARKETS: Sensex down 242 pts, Nifty ends at 9,199; FMCG, financials decline

All that happened in the markets today

Hindustan Unilever ends 1% lower after GSK sells stake in open market deal

According to the term sheet, an over 133 million shares - 5.7 per cent of the total equity shares - are being offered in the range of Rs 1,850-1,950 to investors through a special block window.

Paint stocks trade weak on concern of demand destruction in near term

Asian Paints, Berger Paints India, Kansai Nerolac Paints and Akzo Nobel India slipped in the range of 2 per cent and 5 per cent on the BSE.

After a weak April, cement demand to fall by 10-12 per cent in FY21

Experts say that the cement demand during the first quarter of the financial year is typically led by housing (60-65 per cent), followed by infrastructure segment (20-25 per cent).