Page 2325 - Markets News

Fed, Covid-19 drug hopes lift indices; monthly gains at 11-year high

Stocks opened gap-up after a sharp rally on the Wall Street overnight, and managed to hold on to most gains despite banking stocks, the index heavyweights, underperforming

RIL consolidated Q4 PAT at Rs 6,348 cr; announces Rs 53,125 cr rights issue

Revenue from operations stood at Rs 139,283 crore, down 2.30 per cent from Rs 142,565 crore in the year-ago period.

HUL Q4 consolidated net profit slips 3.56% YoY to Rs 1,515 crore

"COVID-19 is perhaps the biggest challenge for us both from the lens of sustaining lives as well as livelihoods," said Sanjiv Mehta, Chairman and Managing Director.

Bombay HC gives four week to MCX, Sebi to reply on negative crude price

Court refuses to stay MCX's April 21 circular, which fixed a negative settlement price on the Aprol crude oil contract

Market Wrap, April 30: Here's all that happened in the markets today

On a weekly basis, Sensex zoomed 7.6 per cent and Nifty jumped 7.7 per cent

F&O expiry: Sensex soars 997 pts on Covid-19 drug hopes; auto, IT stks gain

All that happened in the markets today

India's jewellery demand dips 41% to 11-year low in March quarter: WGC

Global holdings of physically-backed gold ETFs and similar products jumped by 298 tonnes during the March quarter - the highest quarterly inflows for four years

UPL shares gain 11% on biz update, expectation of net debt reduction

The company said it expects its net debt to be at approx. $ 2.9 billion as of March 31, 2020 as compared to $4.2 billion as on December 31, 2019

RBI extends benefits under special liquidity facility for MFs to all banks

Decision taken based on requests received from banks; exposures under this facility will not be reckoned under large exposure framework or for determining priority sector targets

Polycab India shares hit 5% upper circuit ahead of board meet on Saturday

In the past seven trading days, the stock has fallen 9 per cent, thus underperforming the S&P BSE Sensex which rose 3.3 per cent

Hindustan Unilever trades lower for third straight day ahead of Q4 results

In Q4FY20, HUL's stock outperformed the market by rallying 20 per cent, against nearly 29 per cent decline in the Sensex

HDFC Bank, Bharat Forge: How to trade auto, bank stocks in current market

Although Nifty Auto shows tremendous optimism, Nifty Bank may see profit-booking at crucial levels going ahead.

Just Dial soars 9% as board approves buyback at Rs 700/ sh via tender offer

The board has approved the proposal for buyback of up to 3.14 million shares, representing 4.84% of the total equity capital of the company, at a maximum price of Rs 700 per share

Markets at inflexion point; analysts bullish on consumer, telecom, pharma

The recovery seen in the markets from their March 2020 lows has been quite sharp, with the S&P BSE Sensex and the Nifty50 indices gaining 27.61 per cent and 27.18 per cent, respectively since then

Auto stocks in focus; Nifty Auto index up 5%, Tata Motors surges 15%

Ashok Leyland and Hero MotoCorp surged over 10 per cent each

Pharma index set to post its biggest monthly gain in 21 years amid Covid-19

Analysts, however, do caution against the rich valuation the pharma index and the stocks are trading at

Glenmark zooms 9% on DCGI nod to conduct clinical trials for Covid-19 drug

Glenmark is the first pharma company in India to be given an approval by the regulator to start the trial on COVID-19 patients

How to use morning and evening stars to make money in stock market

The Morning Star is considered as a positive indicator, whereas Evening Star denotes a negative turnaround.

Stocks to watch: RIL, HUL, Wipro, Tech Mahindra, AU Small Finance Bank, SIS

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

RIL to consider rights issue, announce Q4 nos today. What to expect?

In August 2019, Group Chairman and Managing Director Mukesh Ambani told shareholders that RIL would be a zero-net debt company before March 2021