Page 2365 - Markets News

Infosys plunges 12% in two days amid Covid-19 woes, stock hits 52-week low

The stock was down 3% to Rs 565 on the BSE, and was trading at its lowest level since April 19, 2018

Zee Entertainment Enterprises hits over 7-year low, tanks 40% in 2 weeks

In the past two weeks, the stock price has tanked 40 per cent, as compared to 18 per cent decline in the Sensex in the same period

SAIL, Vedanta jump up to 7% on rise in steel demand, improved FY21 outlook

Among individual stocks, SAIL soared 6.7 per cent to Rs 29.10 on the NSE, followed by gains in Vedanta, Jindal Steel, and Tata Steel.

Stick to basics; don't be adventurous in the current market scenario

Coronavirus will have an adverse impact on FY21 earnings, however, it is difficult to quantify it at this point in time

YES Bank soars 96% in 2 days on Moody's ratings upgrade, positive outlook

The global rating agency Moody's has upgraded YES Bank's long-term foreign currency rating from "Caa3" to "Caa1" on bail-out package

India Cements jumps over 8% as Damani family increases stake in Co to 16%

So far in the calendar year 2020, shares of The India Cements have outperformed the market by surging over 34 per cent

YES Bank to be removed from all BSE and NSE indices from March 20

In a circular sent to all its members, the BSE said the BSE S&P Index Committee has decided to remove YES Bank from all the S&P BSE indices with effect from this Friday, March 20

Rate cut a palliative measure; cannot counter coronavirus pandemic impact

Lowering rates at this time also carry the risk of affecting deposits, as banks will have to rework their deposit rates considering that the lending rates have already been affected.

Market Ahead, March 17: All you need to know before the Opening Bell

The Reserve Bank of India's decision to leave interest rates unchanged for now will also impact sentiment

Coronavirus hurts markets again; RBI will do 'whatever it takes' for help

On Sunday, the US central bank slashed interest rates by 100 points to near zero and said it would boost its bond holdings by $700 billion

Go for zero-cost EMI, but don't break investments giving good returns

Cost-benefit analysis needs to be done before choosing an option; calculate hidden interest components

Private lenders' 'act of kindness' to YES Bank irks investors

Peers investing indicates other investors' reluctance; banks must conserve capital first before bailing out the private lender

NSE decides to pre-pone YES Bank's exclusion from indices to this Thursday

Public shareholders have Rs 8,673 cr exposure to bank

AGR dues: DoT's proposal a boost for Bharti Airtel and Vodafone Idea

Cash flows to absorb Africa impact amid weak crude oil prices and rupee

Coronavirus scare: SBI Cards drops 10% on debut, HNIs lose Rs 200 per share

The weak trading debut contrasted the stellar demand seen during SBI Cards' Rs 10,300-crore IPO earlier this month

Share plunge wipes out Rs 58,091.87 cr from RIL's market valuation in a day

A heavy sell-off in the equity market since past few days has pulled down the company's market valuation sharply

Sebi proposes to relax rules for 6-month gap between 2 QIPs by listed firms

Sebi said it has been receiving requests from listed companies with regard to the stipulated cooling off period between two QIP issues

Market Wrap, March 16: Sensex tanks 2,713 pts, Nifty ends at 9,199

All the sectoral indices ended with deep cuts. Nifty Bank index tumbled 2,087.50 points or over 8 per cent to 23,079 levels

MARKET WRAP: Sell-off resumes; Nifty ends at 3-yr low; Sensex at 30-mth low

All that happened in the markets today

SBI Cards lists 12% below issue price of Rs 755; recovers later

The stock saw a weak debut due to prevailing market condition as the uncertainty regarding the effect of the coronavirus epidemic continued to keep investor sentiment in check.