Page 2397 - Markets News

Market expects the Budget to focus on fiscal prudence, raising revenue

We expect the Budget to contain some pro-market/economy measures, says Sanjay Mookim, India Equity Strategist at BofAML

Concessional tax rate on debt puts foreign funds on sticky wicket

Experts believe the lower tax rate is a significant contributor in making India's debt market attractive to overseas investors

Punit Goenka to remain Zee Entertainment chief, remuneration to be reviewed

Punit Goenka, managing director and chief executive officer of ZEEL, will continue in his role, even as his remuneration is being reviewed by the board

Market Wrap, Jan 22: Sensex slips over 200 points, Nifty holds 12,100 level

ONGC, NTPC, and Maruti Suzuki were the top drags on the Sensex today while Nestle India, TCS, and Infosys were the top gainers

MARKET WRAP: Sensex down 208 pts, Nifty holds 12,100; metals, autos drag

All that happened in the markets today

NIIT Technologies scale fresh all-time high; stock surges 20% in 3 weeks

A strong rally in the stock price has led the counter to trade 9 per cent above its proposed share buyback price.

Sebi to rope in independent agencies to dispose of attached assets

The Securities and Exchange Board of India (Sebi) said bids can be submitted by February 10, 2020

Budget 2020 on a Saturday, stock markets to remain open for trading: BSE

The stock markets are generally closed on Saturdays and Sundays, except for special circumstances

Asian Paints Q3 net profit grows 20% YoY to Rs 764 crore; revenue rises 3%

Total income grew 3.3 per cent YoY to Rs 5,490 crore.

Asian Paints slips 1% ahead of Q3 nos; here's what brokerages expect

Most analysts expect the paint major to report double-digit growth in its net profit on yearly basis.

Nifty CPSE index slips 3%; IOCL, Oil India hit 52-week lows

ONGC, Oil India, Coal India, NTPC, Bharat Electronics, PFC, NBCC, NLC India and IOCL were down 1% to 5% on the NSE in intra-day trade.

Havells India hits 52-week low on weak December quarter results

The deterioration in economic macros, sectoral liquidity challenges and slowdown in infrastructure segment has disproportionately impacted demand for industrial cables and industrial switchgear.

Zee Entertainment dips 4% as Q3 profit plunges on low ad revenue, high cost

According to the management, the domestic ad revenue was hit by the persisting slowdown in the key consumer sectors.

Polycab India share price up 4% as December quarter profit rises 14%

Total income in the latest quarter stood at Rs 2,507.6 crore against Rs 2,048.6 crore in the same period last year

IndiaMART InterMESH zooms 13%, hits new high on strong Q3 results

The stock surpassed its previous high of Rs 2,310 touched on October 10, 2019

Bharti Airtel hits highest level since October 2007 on 100% FDI nod

The Department of Telecom has approved raising of foreign direct investment (FDI) in the company to 100 per cent from 49 per cent allowed earlier.

Stocks to watch: L&T, Asian Paints, Axis Bank, ZEEL, Bharti Airtel, Havells

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

Market Ahead, January 22: Top factors that could guide markets today

Bharti Airtel will be in focus after the Department of Telecom approved raising of foreign direct investment in the company to 100 per cent from 49 per cent allowed earlier

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The RSI on GIC Housing Finance's chart is showing a trend reversal and the chart looks good too for the further upside

L&T Q3 preview: Analysts see a cut in order inflow guidance for FY20

Engineering and capital goods major L&T will announce its December-quarter financial result on January 22