Page 2501 - Markets News

Improving product mix aids Bajaj Auto's better-than-expected show in Q2

Volume decline was offset by price hikes and lower commodity costs

Infosys share sell-off weighs on all 5 IT funds, ICICI Pru Tech worst hit

The Infosys stock is widely held by mutual funds, with more than 400 actively- and passively-managed schemes exposed to the company

Largecap MFs failed to beat benchmarks in the past one year: Report

Interestingly, more than 80 per cent of the actively-managed schemes in the mid- and small-cap category have managed to deliver better returns than the S&P 400 MidSmallCap Index

Mauritius' regulator red-flags removal of investment status by Sebi

Mauritius funds may now look to shift their fund management activities to FATF member countries if Sebi does not relax its existing norms, said experts

Asset quality woes may spook RBL Bank's capital raising plans

Not only has the gross NPA ratio at 2.6 per cent breached the guided level, but the watch-list has almost doubled in Q2 to Rs 1,800 crore

Asian Paints: Volumes remain a bright spot but at the cost of margins

Led by volumes, net sales rose 9.4 per cent and Ebitda margin was up 60 bps in Q2; earnings visibility still looks strong, say analysts

P-note investments dip for fourth straight month in Sept at Rs 76,611 cr

P-notes are issued by registered FPIs to overseas investors who wish to be part of the Indian stock market without registering themselves directly after going through a due diligence process

Sebi starts probe into whistleblower's complaint against Infosys management

Sources said the regulator has already asked the stock exchanges to collate trading data of Infosys' shares as well as about derivative positions

Market Wrap, Oct 23: Sensex up 95 pts, Nifty at 11,604; RBL Bank tanks 20%

Shares of RBL Bank tanked 20 per cent to Rs 231, its fresh life-time, low on the BSE on Wednesday

MARKET WRAP: Sensex up 95 pts; PSBs rally; Bajaj Auto up 1% post Q2 results

Sectorally, Nifty Auto and PSU Bank indices ended the day as top gainers, up between 1.3 to 1.8 per cent.

Samvat 2076: Growth revival will be led by consumption sector stress easing

Revival in growth in India will be led by the unwinding of the stress in the consumption sector. Improvement in rural demand from gains in agriculture sector should revive consumption demand

SBI Q2 preview: Stake sale in SBI Life to aid performance; slippages eyed

The largest public lender reported a net profit of Rs 944.9 crore in the corresponding quarter of the previous fiscal, and Rs 2,312.2 crore in Q1FY20

Affle India soars 17% on filing 14 tech patents in Singapore, US

The stock, which was trading at its highest level since its listing on August 8, 2019, has appreciated by 91 per cent as against the issue price of Rs 745 per share.

SBI Life Insurance joins Rs 1-trillion m- cap club, stock hits record high

In a note on Tuesday, Morgan Stanley said SBI Life could be among the three stocks that could be included in the MSCI India index.

Avenue Supermarts, EIH: 10 stocks to buy in Muhurat trading for Samvat 2076

Although a confirm breakout is yet to take shape, still the Delta Corp counter is exhibiting upside on the charts as volumes spike

ICICI Securities surges 10% to hit 52-week high post Q2 results

In the past two months, ICICI Securities has outperformed the market by surging 57 per cent, as compared to a 7 per cent rise in the S&P BSE Sensex.

IndiGo Q2 preview: Rupee depreciation may dent EBITDAR margin

Analysts at Prabhudas Lilladher, however, expect a higher revenue at Rs 8,364.7 crore, up 35.2 per cent YoY, on the back of increased international operation

Jubilant FoodWorks rallies 12% in two days on better-than-expected Q2 nos

The master franchisee of Domino's Pizza and Dunkin' Donuts in India reported a better-than-expected 12 per cent year on year (YoY) growth in net sales at Rs 988 crore in Q2FY20.

Infosys bounces back 6% from day's low on heavy volumes

According to news reports, markets regulator Securities and Exchange Board of India (Sebi) could seek clarification from the IT major on charges level levelled by the whistle-blower.

RBL Bank tanks 20%, hits life-time low as net profit dips 74% in Q2

he bank's standalone PAT plummeted 74 per cent year on year (YoY) at Rs 54 crore due to higher provisioning for bad loans