Page 2331 - Markets News

Franklin Templeton's four shut schemes see NAVs dip on Future exposure

Fund house had extended moratorium to group companies on April-June obligations

Indices log near 2% gains on hopes of ease in lockdown, biz activity

The Sensex rose 606 points, or 1.9%, to end at 32,720 - the highest close since March 13

Low valuations don't make Emami a cool bet; investors advised caution

In the past 1-2 years, Emami has seen muted volume off-take, thanks to higher dependence on wholesale distribution and competitive pressures

Despite rebound, airline stocks to underperform; investors advised caution

Even as costs are lower, demand weakness likely to keep airlines in the red for most of FY21

MSCI India rebalancing to stoke FPI inflows to the tune of Rs 1,900 cr

The rebalancing is scheduled to take place on May 12 and the changes will become effective from June 1

Delta Corp, Emami: Share buyback via open market route at seven-year high

Thus far in CY20, 20 companies have announced buyback of their shares, of which, 14 firms have proposed to buyback from open market route

Fitch fears more 'gating' in debt schemes if RBI plan doesn't take-off

Banks may look at conserving capital, with asset quality concerns rising amid Coronavirus-induced lockdown

Bulk maturities for 3 Franklin Templeton MF schemes after 2 years

Investors exposed to dynamic accrual fund can see shorter timeframe, as 45% of the assets are maturing within two years

Covid-19 fallout: UBS pegs FY21 India growth at -0.4%, a four decade low

The worst-case scenario, assumes that coronavirus (Covid-19) will continue to spread, possibly in waves, all the way through to mid-2021

Oil demand won't recover to 2019 levels until end of 2021: Morgan Stanley

The Wall Street bank expects benchmark US oil prices to stabilise at around $40 a barrel next year

Retail unsecured loans, cross-selling may decline post moratorium

Lenders say the larger challenge is to communicate to borrowers the difference between moratorium and waiver

Market Wrap, April 29: Here's all that happened in the markets today

Among sectoral indices, Nifty Metal index was the top gainer - up 3.74 per cent at 1,724 levels, followed by Nifty Financial Service index (up 3.43 per cent)

MARKET WRAP: Sensex settles 606 pts higher; metals, financial stocks jump

All that happened in the markets today

Ruchi Soya enters top 200 most valuable firms' club; m-cap tops Rs 10K cr

Ruchi Soya stands ahead of Dalmia Bharat, GMR Infrastructure, Polycab India, Crisil, Cummins India, IDFC First Bank, ICICI Securities, and Tata Communications in the m-cap ranking.

Tech Mahindra Q4 preview: What analysts expect; key things to watch out for

So far, information technology (IT) companies have reported a mixed set of numbers for the quarter ended March 2020.

Deepak Nitrite rallies 10% on heavy volumes, inches toward record high

Last week, Deepak Phenolics, a wholly-owned subsidiary of the company, commenced commercial production of Isopropyl Alcohol at its manufacturing facility situated at Dahej, Gujarat.

IOL Chemicals & Pharmaceutical's stock more than doubles from March lows

The stock surpassed its previous high of Rs 316.80, touched on February 27, 2020

HUL to announce Q4FY20 results on Thursday; here's what brokerages expect

Companies with higher exposure to food and daily essentials, analysts say, are expected to fare better this quarter as compared to those with a skew towards discretionary consumption

Strides Pharma commences export of Favipiravir tablets; stock surges 15%

The drug has demonstrated positive outcomes, including a reduction in the duration of Covid-19 and improved lung conditions for the patients

Axis Bank tanks 6% on Rs 3,000 crore provisions in Q4 due to Covid-19

Historically, Q4 is the first time since March 2018 that the bank has dipped into losses of this magnitude because of the provisioning cost