Page 2492 - Markets News

MARKET WRAP: Sensex slips 229 pts ahead of CPI inflation nos; banks tumble

All that happened in markets today.

Sobha hits 52-week low on disappointing Q2 results

The company's operational cash flows (OCFs) turned negative for the first time in the past five years

Slowdown: Indian GDP growth may slip further to 5% in FY20, says CLSA

Analysts at CLSA believe India's fiscal deficit may worsen to 4.3% in FY20

India's passive funds set to beat active peers for second straight year

India's passive funds have delivered an average return of 9.6 per cent so far this year, much higher than active funds' 5.7 per cent

AU Small Finance Bank hits new high, gains 14% in two days

The stock surged 10% intra-day to Rs 787 and surpassed its previous high of Rs 747 touched on April 27, 2019, on back of heavy volumes on the BSE.

Sun TV tumbles 12% as operational expenses jump 66% YoY in Q2

Additionally, the company's advertisement revenue came in at Rs 337 crore, down 1.5 per cent YoY, impacted by a weak economic environment.

Britannia Ind jumps 6% as Q2 net profit rises 33% YoY to Rs 403 crore

The company's profit before tax (PBT) stood at Rs 498 crore, up 8.5 per cent YoY.

MSTC up 91% in 12 days; Chhattisgarh govt appoints co its selling agent

The agreement will remain valid for three years from the date of execution of agreement.

SpiceJet Q2 preview: Analysts estimate 8x EBITDAR growth, loss to narrow

The brokerage pegs the sales revenue at Rs 2,817 crore, up 50.3 per cent from Rs 1,874.8 crore logged in Q2FY19. This would, however, translate to a 6.2 sequential decline.

Indian Hotels soars 6% as it logs highest margin in 10 yrs for Sept quarter

The Tata Group company reported a consolidated net profit of Rs 71 crore during the quarter, against a net loss of Rs 5 crore in a year-ago period.

Hind Rectifiers surges 16%, hits new high on strong Q2 results

The company's operating profit (EBITDA) more-than-doubled to Rs 13.47 crore in Q2, as against Rs 5.57 crore in the corresponding quarter of the previous fiscal.

Rupee tumbles 28 paise, opens at lowest level since Sept 17 vs US dollar

The rupee on Monday slipped 19 paise to a near one-month low of 71.47 as fresh concerns over US-China trade deal and Hong Kong unrest kept forex market participants edgy.

Stocks to watch: Vodafone Idea, CIL, BHEL, Infosys, Lupin, Tata Motors

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

Market Ahead, Nov 13: Top factors you need to know before the Opening Bell

Vodafone Idea will be in focus today after the firm's global CEO Nick Read said the group's Indian venture may be headed for liquidation unless the government lower license fees

Top stock recommendations by Anand Rathi: Buy Bank of Baroda, IndusInd Bank

Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

Indian Hotels margins have room for expansion with better cost optimisation

Cut in GST rate to 18% from 28% will help sector, says company

Good days for Britannia Industries amid a slowing consumption environment

Growth in sales driven by better product mix and price hikes

Code of conduct soon for jewellers as sector aims to restore consumer trust

World Gold Council to initiate talks with industry bodies; move is aimed at controlling jewellers' default, building lender's confidence as well

Private equity firm Sanaka Capital to inject Rs 525 cr in Edelweiss Global

Sanaka will initially invest Rs 308 crore, and a further Rs 217 crore on a later date if talks are successful

Fund mobilisation via QIPs in 2019 is the second-highest in five years

In the past two months alone, four companies have garnered a cumulative Rs 22,400 crore via this route