Page 2326 - Markets News

IT shares gain ahead of Q1 earnings; TCS hits all-time high, Infosys up 4%

NIIT Technologies, Mindtree, Wipro, HCL Technologies, and Tech Mahindra from Nifty IT index gained up to 7 per cent on the NSE

Stocks to watch: PVR, HUL, Bajaj Finance, Godrej Consumer Products, NBCC

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

Market Ahead, July 7: Top factors that could guide markets today

Shriram Transport Finance Company might trade actively today after the company okayed rights issue of equity shares to the promoters and promoter group to raise up to Rs 1,500 crore

MF distribution payouts slip to three-year low in FY20 amid market slump

Experts say nudge towards direct plans, regulatory changes and market correction have led to cuts

United Breweries' outperformance unlikely to sustain in the near term

Loss of business in peak season, higher consumption cost and lower shelf life to make recovery tougher than United Spirits

SAT backs Sebi's fresh show-cause notices to rating agencies in IL&FS case

Some rating agencies moved the tribunal seeking a stay on the second show-cause notices issued by Sebi in January 2020

Financials dominate large- and mid-cap universe of equity mutual funds

The top three sectors in the mid-cap space are financials (25% share), consumer (23%) and pharma (9%)

China ban positive for thermal players, but solar power to turn costlier

With limited domestic solar cell capacities, power tariffs may rise 25-30 paise a unit

Multiple risks may cap uptick in TVS Motor stock as Covid, crude weigh

Stock more vulnerable than peers, given weak margins, volumes

Indices surge on the back of China rally; 124 stocks hit 52-week high

The benchmark Sensex and the Nifty have advanced 4.5 per cent in the past four trading sessions to end at their highest level since early March

Closed-end AIFs extend fundraising cycles as pandemic hits sentiment

Some players approach Sebi to seek-industry wide relief

Relaxed capital-raising norms will help companies stay in survival mode

Sebi's moves towards relaxing capital-raising norms will help companies stay in survival mode and should be the start of many more adjustments

Shriram Transport Finance okays rights issue to promoters for Rs 1,500 cr

The issue has been fixed at Rs 570 per share, including premium of Rs 560 per rights equity share, it said

Market Wrap, July 6: Here's all that happened in the markets today

RIL hit a fresh record high of Rs 1,858 during the day before settling at Rs 1,851.40, up over 3.5 per cent on the BSE

FMCG: After decade-low volume performance in Q4, worst yet to come

Q4 was weaker than demonetisation and GST periods, and June quarter is expected to see further pain despite hopes from better rural demand

MARKET WRAP: RIL, HDFC Bank help Sensex settle 466 pts higher; pharma slips

All that happened in the markets today

Investors should not be gung-ho about banks' Q1 headline numbers: Analysts

While Q1 updates of HDFC Bank, IndusInd Bank and Federal Bank show up to 21% loan growth, extension of moratorium, postponement of March disbursements will influence reported numbers

Average spot power price drops 29% to 2.35/unit on India Energy Exchange

Average spot power price dropped 29 per cent year-on-year to 2.35 per unit in the day-ahead market in June on India Energy Exchange (IEX)

Marico declines 4% on profit-booking post June quarter business update

The manufacturing of parachute & value-added hair oils was significantly impacted by lockdown with billing only resuming in the latter part of April.

TCS gains 9% in 4 days ahead of Q1 nos on Thursday; stock nears record high

The stock was up 3% at Rs 2,269 and was just 1 per cent or Rs 27 away from its all-time high level of Rs 2,296, touched on September 3, 2019, in intra-day trade.