Page 2405 - Markets News

EMs look attractive in 2020 from a valuation standpoint: Satish Betadpur

Satish Betadpur says polarisation in Indian equities will continue until the investment climate changes and companies get back their pricing power

After slowdown, inflation now presents a new test for food companies

Improving volume growth and protecting margins is likely to be tough amid the current consumption slowdown; Nestle better placed, say analysts

Seven firms to list commercial papers on BSE for Rs 8,812 crore issue size

Besides, HDFC Securities Ltd, Shriram City Union Finance Ltd and KEC International Ltd made applications to list their CPs at BSE for issue size of Rs 490 crore, Rs 477 crore and Rs 20 crore

Axis Bank moves SAT seeking status quo against Sebi order on Karvy

The tribunal granted interim relief to Axis Bank, in light of the fact that in the past the National Securities Depository had reversed client securities on the basis of Sebi's November 2019 order

Multi-cap funds run the risk of missing out on a broader market recovery

Such funds are holding 70% average allocation to large-caps

Airtel mops up $2 billion at issue price of Rs 445 per share as part of QIP

Issue price was at a discount of 1.57% to the stated floor price of Rs 452.09 per equity share

Market Wrap, Jan 15: Sensex slips 80 points, Nifty below 12,350

IT company L&T Infotech today reported a marginal rise in its net profit at Rs 376.7 crore for Q3 while the consolidated income for the quarter increased to Rs 2,875.3 crore

MARKETS: Indices end with minor cuts; m-cap of BSE-listed cos hits new high

All that happened in the markets today

Asian Paints, Berger Paints & 16 other BSE500 stocks hit new highs

Polycab India jumped 6 per cent to hit a new high of Rs 1,109 since its listing on April 16, 2019

Jet Airways at 6-mth high, up 5% for 12 straight days ahead of EOI deadline

The Committee of Creditors of Jet Airways at their meeting held on January 2, 2020 had passed the resolution to extend the last date for submission of Expression of Interest to January 15

Wipro trades lower on 3% dip in Q3 profit, muted revenue guidance

The company guided lower-than-expected revenue growth of 0 per cent to 2 per cent in constant currency terms sequentially.

Nifty Realty index hits 20-mth high; Prestige Estates, Oberoi Realty up 6%

Sentiment was buoyed after the 23rd Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q42019 survey showed that the sentiment of the stakeholders in India have revived to the optimistic zone

Ghost of IL&FS continues to haunt IndusInd Bank; stock takes a hit

Margins may stay strong, but Street will keep eye on asset quality

Mindtree up 4% as Q3 profit jumps 46% YoY; experts maintain 'neutral' call

For the recently concluded quarter, the Bengaluru-headquartered company reported revenue growth of around 10 per cent to Rs 1,965 crore.

IndusInd Bank slips 8% in two days on higher slippages in December quarter

IndusInd Bank missed analysts' estimate and reported 33 per cent y-o-y growth in profit after tax at Rs 1,300 crore

Giving in to lobbying

Deadline extension for splitting CMD post is unfortunate

Market Ahead, January 15: Top factors that could guide markets today

Today, a total of seven companies including Sterlite Technologies and L&T Infotech are scheduled to announce their December quarter earnings

Share buybacks losing lustre as 20% tax bites; firms await relief in Budget

Experts blame the change in tax dynamics for the sharp drop in buybacks

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The RSI in Exide's chart is on the rise and looks strong with good volume pick up

Will mkt open for a Saturday Budget? Stock exchanges are awaiting Sebi nod

In the last such instance in 2015, the stock markets were kept open for regular trading hours - which is from 9:00 am to 3:30 pm