Page 2356 - Markets News

Markets slump 4% as investors sentiment remain sombre due to coronavirus

Indian indices fall 4%; gloom prevails in other global markets also after Trump's dire warning

Equity fundraising sees 62% spike in FY20; coronavirus could hit IPOs

As many as 26 companies -- with approval from Securities and Exchange Board of India (Sebi) -- are looking to raise nearly Rs 26,056 crore from IPOs

Commodity traders urge Sebi to restore trading hours till 11.30 pm

Sebi reduced the trading hours on commodity markets to 9 am-5 pm from the earlier 9 am-11:30 pm to help exchange employees and traders practise social distancing.

Market Wrap, April 1: Here's all that happened in the markets today

It was a bad day for auto stocks as well as most automakers posted dismal sales figures for March

MARKET WRAP: Sensex tanks 1,203 pts on selling in IT, banks, FMCG stocks

All that happened in markets today

HUL, Dabur: Analysts bet on rural-focused FMCG stks amid Covid-19 lockdown

In the past month, HUL shares have gained 5 per cent, while Nestle (India) has risen 1 per cent in a falling market

Escorts shares skid 12% as tractor sales more than halve in March

Eicher Motors said, the March 2020 sales numbers are not comparable with March 2019, as sales were impacted by nationwide lockdown

RBL Bank slips 20% in 4 days, nears new low ahead of Q4 business update

The bank is scheduled to issue a statement on certain key business parameters of the fourth quarter later in the day.

Steel shares decline on weak demand outlook; JSPL tanks 10%, SAIL falls 4%

In the past two months, JSPL's stock has plunged 56 per cent, as compared to 25 per cent decline in the Nifty 50 index

Maruti, Bajaj Auto, M&M: Trading strategies for auto stocks as sales slide

The trend looks weak below 5,000 levels for the Nifty Auto index. Although the current formation claims consolidation with lower support around 4,600 levels, the trend remains short on upward rallies

PSB merger effect: State Bank of India, PNB dip up to 6%, Indian Bank up 8%

The consolidation, that will merge 10 PSBs into four, comes at a time when the country and financial system is grappling with adverse fallout of the Covid-19 pandemic.

Gas distribution companies' shares rally; Indraprastha Gas surges 10%

The new price for domestic natural gas is the lowest in six years since the Narendra Modi government introduced the new pricing formula in November 2014

ABB Power locked in 5% upper circuit for second day after market debut

ABB Switzerland and Hitachi have together launched an open offer to acquire up to 10.59 million equity shares in ABB Power Products and Systems India at Rs 851 per share.

TVS Motor hits 4-yr low ahead of March auto sales nos; skids 40% in 2-mths

Analysts fear that sales volume in the month of March and April could decline significantly due to the lockdown until April 14 amid the outbreak of coronavirus (Covid-19) pandemic.

Biocon gains 5% as manufacturing unit in Malaysia gets EIR from USFDA

Biocon Sdn Bhd, a subsidiary of Biocon, received the EIR from the USFDA for the pre-approval inspection of its insulin manufacturing facility in Malaysia, for insulin glargine

Stocks to watch: ONGC, CGDs, automobiles, PSU banks, SpiceJet, YES Bank

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

Every market downturn offers an opportunity; invest in a staggered way

Sectors like banks, non-bank finance companies (NBFCs), consumer durables and non-durable players, would all make interesting bets.

Market Ahead, April 1: Top Factors That Could Guide Markets Today

Starting today, automobile companies will starting releasing sales numbers for March. According to a Business Standard report, these auto sales for the month could see a 50 per cent YoY

Bond, currency markets witness high volatility in FY20 over Covid-19 fear

While the rupee hit its lifetime low of about 76.30 a dollar, the 10-year bond yields fell to 6 per cent, as Covid-19 led to an unprecedented slide in financial assets worldwide

Hindustan Unilever, GSK Consumer stocks hit lifetime highs ahead of merger

The stock price of HUL and GSK Consumer rallied 5.08% and 5.72% each on Tuesday