Page 2353 - Markets News

NBFC-MFIs seek clarity from RBI on 3-month moratorium on loans

RBI seeks data on drawdowns, bank loans, exposure to NCDs and CPs

PE sum invested in Q1 dips 39% to $3.6 bn; internet firms remain favourites

Internet companies continued to attract the maximum PE interest while financial services saw a decline by almost 50 per cent

Market Wrap, April 7: Here's all that happened in the markets today

Market breadth was in favour of advances as out of 2,576 companies traded on the BSE, 1,842 advanced and 540 declined while 194 securities remained unchanged

Sensex zooms 2,476 pts in biggest one-day percentage gain since May 2009

All that happened in the markets today

BSE revises cut-off time for MF subscription, redemption on StAR platform

The new cut-off timing for non-demat redemption and switch authentication is 1.00 pm, says a BSE circular.

PVR hits nearly 4-year low as Icra places rating on watch amid lockdown

In the past two months, it has tanked 55 per cent following the closure of movie theatres across India

Britannia partners with Dunzo for delivery of food essentials; stock up 10%

Customers can avail Britannia products through the Dunzo app in under an hour of ordering from the 'Britannia Essentials' store.

Here's why Muthoot Finance, Manappuram look promising among NBFC stocks

Despite the stimulus measures by the government and the Reserve Bank of India (RBI), financial sector stocks, including those of non-bank finance companies (NBFCs) have taken a hard knock

Pharma stocks rally; Nifty Pharma index surges 10%, Ipca Labs hits new high

Torrent Pharmaceuticals also rose 15 per cent to a fresh 52-week high of Rs 2,380

IndusInd, HDFC Bank surge up to 21% post Q4 biz update amid Covid-19 woes

Analysts at Kotak Institutional Equities expect banks to report healthy earnings due to the Reserve Bank of India's loan moratorium

Deepak Nitrite hits new high in subdued market; stock zooms 97% in 6 months

For Q3FY20, the company's phenol-acetone manufacturing subsidiary Deepak Phenolics clocked record quarterly turnover on the back of high utilization levels.

HUL continues gaining streak, hits new high; advances 24% in two weeks

HUL has fixed April 17, 2020 as the record date for determining the shareholders of the GSK Consumer Healthcare to receive the shares of the company.

Bajaj Finance slips 5% after Co briefs on business impact due to Covid-19

The company reported a 27 per cent AUM growth in the March 2020 quarter (Q4) compared to its 7-quarter average growth of 37 per cent

M&M up 12% after it rejects plan to infuse fresh equity in South Korean-arm

The company's board has turned down a proposal to pump in fresh equity of $406 million in its ailing South Korean subsidiary SsangYong Motor Co amid coronavirus crisis

Piramal Enterprises surges over 7.5% in early trade, retreats later

The deal, once completed, may value the Piramal Group's overall pharma business at $2.5 billion, the report added.

Stocks to watch: HDFC Bank, Bajaj Finance, PNB Hsg Fin, ICICI Bank, Axis Bk

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

Market Ahead, April 7: Top Factors That Could Guide Markets Today

Investors will also react to Markit Services PMI data for March which was released yesterday, and, according to the monthly survey, India's services sector contracted in March to 49.3

India growth crucial for Torrent Pharma's health amid steep fall in volume

The country accounts for 44% of overall revenues

Investment pipeline in economy chokes as key indicators show deterioration

Gross fixed capital formation - an indicator of investment demand -as a percentage of GDP, fell to nearly two-decade low

Listed MNCs remain immune to coronavirus outbreak as m-cap rises to 15%

With combined market capitalisation of Rs 13.8 trillion, 74 Indian subsidiaries of global multinationals are now ahead of state-owned listed companies