Page 2413 - Markets News

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

Inflation may haunt long duration funds; experts warn of impact on MFs

Such schemes are more sensitive to interest-rate scenario that can change due to high inflation

FMCG stocks lose sheen, valuation premium declines to 11-year low

In the last 12 months, there has been derating of FMCG stocks on the bourses, against a P/E expansion in the broader market

New project sales boost growth prospects of Godrej Properties stock

Most of the firm's projects, to be launched in H2FY20 and FY21 in Mumbai, are in the luxury and premium segment

BSE to introduce liquidity enhancement scheme in brent crude oil from Feb

A commodity derivative product is considered to be 'liquid' on the basis of average daily turnover.

Mindtree Q3 profit rises 3% YoY to Rs 197 crore; revenue grows 10%

Diluted earnings per share (EPS) came in at Rs 11.96, up 3 per cent YoY and 45.9 per cent QoQ.

Sebi cancels Click2Trade Capital's stock broking registration over 'lapses'

Accordingly, the regulator said, "the certificates of registration of the noticee i.e. Click2Trade Capital Ltd, as a stock broker, shall be cancelled with immediate effect".