Page 2393 - Markets News

Wipro slips over 2% after Abidali Neemuchwala steps down as MD and CEO

Neemuchwala is leaving due to "family commitments" and will continue to hold office until a successor is appointed, said Wipro in a regulatory filing.

Nifty CPSE index nears 4-year low; BEL tanks 9%, ONGC down 4%

ONGC and Oil India hit their respective 52-week lows of Rs 111 and Rs 132

Macquarie downgrades RIL to 'underperform', says will buy around Rs 1,200

It cautioned that its fundamental bear case is nearly 35 per cent below current price and it would assign at least a 30 per cent weight to each of the risk factors.

Amber Enterprises soars 9% on robust Q3 earnings; zooms 47% in January

The company's operating Ebitda more than doubled at Rs 52 crore in Q3, compared to Rs 26 crore logged in the same quarter last year.

Abidali Neemuchwala quits as Wipro CEO and MD, cites 'family commitments'

Neemuchwala joined Wipro in April 2015 as the president and chief operating officer. The IT major's stock rose about 13 per cent under his tenure as the CEO

ITC to announce Q3 results today; here's what to expect from FMCG major

Shares of ITC have underperformed the market by falling over 8.5 per cent during October-December period against 6 per cent rise in the Nifty.

Stocks to watch: Wipro, Tata Motors, SBI, HUL, ITC, Tech Mahindra, BEL

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

Market Ahead, January 31: All you need to know before the Opening Bell

The government will today release the Economic Survey for 2019-20 which will detail the economic performance in the year amid concerns over a deepening slowdown

Bajaj Auto Q3 results: Profit beats estimates, aided by higher exports

Exports - accounting for 43% of volumes - rose 7%, which helped offset the slowdown in the domestic segment. Domestic sales fell 13%, largely on account of the sharp 16%

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

For Bajaj Auto, the RSI has shown a steep rise with a trend reversal and signaled a buy

Gold demand in India down 18% in Q3; revival hinges on Budget measures

This quarter was crucial because of a fall in demand in the Diwali days in the year-ago equivalent period. However, that failed to boost numbers because of high prices, weak consumer sentiment

FPIs still waiting for RBI regulations on investments in InvITs, REITs

The norms for FPI investments in InvITs were relaxed in the July 2019 Budget session

Explained: How concentrated index makes CPSE ETF risky for investors

Among the positives of the offer, the Nifty CPSE Index's valuations are more reasonable than that of front line indices

Indian equities not as expensive as reported, says Valens Research CEO

As-reported financial information cannot be trusted and have blinded investors from seeing the true earning power, valuation, says Joel Litman

LTCG, dividend distribution tax roll-back on top of Budget wishlist

Capital market players are hoping for a slew of changes that will make life easier for them in terms of taxation. Here are a few expectations

Dabur's strategic moves pays well in Dec quarter, analysts remain positive

Topline up 7% led by 5.6% rise in volumes on faster rural sales, while pre-tax profit up over 9%

Global markets hit hard as indices catch Wuhan flu; Sensex falls 285 pts

Foreign brokerages are bracing for a larger impact on the global markets than what was during the SARS outbreak, which also originated in China, back in 2003

Crompton surprises Street with Q3 profit; analysts remain bullish on stock

While lighting segment saw continued pricing pressure, the electrical consumer durables segment was the show stopper in December quarter

Market Wrap, Jan 30: Indices at 3-week closing low, Sensex tanks 285 pts

Reliance Industries was the top drag on the indices, down 2.5 per cent, after global brokerage firm Macquarie downgraded the stock to 'underperform'

Tech Mahindra Q3 preview: Roadmap for 15% EBIT margin outlook for FY21 eyed

Emkay Global Financial Services has built in a 3.1 per cent QoQ CC revenue growth with nearly 60 bps cross-currency tailwinds leading to a 3.7 per cent QoQ US dollar growth.