Page 2349 - Markets News

Market Wrap, April 15: Here's all that happened in the markets today

Wipro on Wednesday posted a 6.3 per cent year-on-year (YoY) decline in its net profit at Rs 2,326.1 crore for the quarter ended March 31, 2020

Wipro posts 6.3% YoY fall in Q4 profit; skips revenue guidance for Q1FY21

Revenue from operations stood at Rs 15,711 crore, up 4.69 per cent against Rs 15,006.3 crore in the corresponding quarter of the previous fiscal.

MARKET WRAP: Sensex slips 1,189 pts from day's high; financials, autos fall

All that happened in the markets today

Coronavirus impact: Many debt schemes turn cash negative in March

Net liabilities rise 3-17%, funds forced to borrow to meet redemption pressure

Road construction relaxation not enough to buy related stocks, say analysts

The relaxation will not help many of the listed players and it will be a while before activity begins for them. There coud be labour-related issues.

Bharti Airtel surpasses HDFC to become 5th most valuable listed company

Thus far in the calendar year 2020, Bharti Airtel has outperformed the market by surging 17 per cent as compared to a 33 per cent decline in the HDFC stock price & 24 per cent fall in the S&P Sensex.

Muthoot Finance slips 7% as Moody's downgrades outlook to 'negative'

Moody's said the Indian NBFC industry has been affected given disruptions to India's economic activity from the coronavirus outbreak, which will weaken companies' credit profiles

Realty, capital goods stocks gain; Indiabulls, Oberoi ReaIty rise 5%

At 11:03 am, the S&P BSE Capital Goods index, the top gainer among sectoral indices, was trading nearly 4 per cent higher at 12,071 points.

Agri-related stocks in focus; UPL, RCF, Escorts rally up to 17%

The government, in its detailed guidelines, allowed activities like agricultural, horticultural, farming, procurement of agri products and 'mandis' after April 20

Lupin extends gain into sixth session as Mandideep unit gets EIR from USFDA

The stock of the drug maker has rallied 47 per cent in the past six trading days, and was quoting close to its 52-week high level of Rs 882

L&T gains for sixth straight day, up 12% in 2 days on multiple order wins

L&T's stock has gained 17 per cent in the past six trading days

Motherson Sumi up 15% on in-principle nod for fund raising; biz update

The company announced it was well-positioned on liquidity, with an 11-quarter low debt and adequate liquidity as well as a focus on generating further cash.

Covid-19 lockdown to hit consumer durable firms; FY21 earnings estimate cut

Brokerages believe the extension of lockdown can potentially wipe off a major portion of seasonal sales for RAC.

Metropolis Healthcare share price falls 14% after block deals

According to media reports, private equity giant Carlyle was looking to sell stake in Metropolis Healthcare

Stocks to watch: Hindalco, Motherson Sumi, Wipro, Metropolis Healthcare

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

Market Ahead, April 15: All You Need To Know Before The Opening Bell

Wipro is slated to announce its Q4 numbers later in the day and most brokerages expect the company's revenue growth to come in at the lower end of the guided range of 0-2 per cent

Clearance from US drug regulator key for Lupin to sustain stock gains

The recent gains came on Monday after the company received the USFDA approval for its Nagpur facility

Cash levels jump to highest since 9/11 terrorist attacks: BoFA survey

Fund managers have shunned risk, with equity allocations the lowest since the 2009 financial crisis

Gold, equities show unusual sync in March; nosedive, recover at same times

Both nosedived in mid-March amid panic selling and forced margin calls; each then recovered by about 20% as central banks and governments kicked in more stimulus

Low consumption deepens SBI Cards' woes as Covid-19 lockdown gets extended

Worsening business conditions and sell-off by anchor investors have taken the stock southward