Page 2332 - Markets News

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

HDFC extends rally, jumps 5%; stock surges 15% in three days

Analysts expects the asset quality in housing to hold up well, although slippages from self-employed affordable housing segment may increase

VIP, Safari Industries: Luggage stocks will take a long time to get going

Market analysts hope the industry would recoup from the Covid-19 slump by FY22. Historical trends, they say, suggest that luggage industry sales witness strong rebound after two consecutive weak years

Stocks to watch: Axis Bank, L&T, IDFC First Bk, Biocon, NLC India, Hexaware

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

Market Ahead, April 29: Top Factors That Could Guide Markets Today

Moody's Investors Service has slashed India's growth forecast for calendar year 2020 to 0.2 per cent, from 2.5 per cent projected in March

Raw material prices, cost controls prop up Ambuja Cements, ACC's March qtr

Expansions, strong balance sheet and attractive valuations are supportive at a time when demand outlook is uncertain

Covid-19: Domestic diamond industry expects revenues to drop by 20-25%

Banks' outstanding loans to the gems and jewellery sector declined 16.8% in February 2020 after growing 2.6% a year ago

BSE enables negative price trading in crude oil, testing on Monday

Exchange's BOLT Plus trading system has been modified to execute such trades, existing versions of the trading system will also support negative pricing

Anonymous letter prompts ICEX board to order a forensic audit

A copy of the letter, which alleges misuse of liquidity incentives scheme, was also senr to Sebi

MFs' risk aversion towards NBFCs continues, exposure falls to 19% in March

The overall sectoral exposure to NBFCs, including housing finance companies, fell to 19% in March 2020

Covid-19: Sebi gives more time to mutual funds on unlisted debt

Sebi extended the timelines for reducing exposure to unlisted NCDs in phased manner to September 30, 2020, and December 31, 2020

Government tightens rights issue pricing norms for non-resident Indians

Experts said the notification provides much-needed clarity on the "acquisition after renunciation of rights" by NRIs

Franklin crisis: Hindsight is 20-20, but key manager could have done better

Troubles with India's illiquid debt market have plagued Franklin Templeton since inception

Diversified model, US outlook to help Dr Reddy's stock trade better

The company has multiple growth engines given its focus on India/emerging markets and limited competition products in the US

Axis Bank Q4 results: Lender's asset quality worrying for investors still

The bank's slippages moderated significantly in March, but provisioning costs because of the coronavirus rose.

Market Wrap, April 28: Here's all that happened in the markets today

The S&P BSE Sensex gained over 371 points or 1 per cent to settle at 32,114.52, with IndusInd Bank (up nearly 17 per cent) being the top gainer

MARKET WRAP: Sensex up 371 pts as financials surge; IndusInd Bank zooms 17%

All that happened in the markets today

IndusInd Bank soars 18% on operationally strong Q4; analysts maintain 'buy'

While the asset quality has weakened, its coverage has improved. The profit was above analysts' expectations and was driven by better operational performance.