Page 2510 - Markets News

IndusInd Bank slips 16% in three days despite clarification on HFC exposure

The stock was trading lower for the third straight day, down 6 per cent at Rs 1,304 on the BSE.

BPCL, SCI, Concor rally up to 14% as govt clears divestment proposal

In the past month, SCI (zoomed 77 per cent), BPCL (up 44 per cent) and Concor (up 27 per cent) have outperformed the benchmark S&P BSE Sensex, which gained 4 per cent during the same period.

World's biggest money manager keen to add to its holdings of Indian bonds

Rupee debt sold off in the past two months, the longest run of losses in a year, after the government's surprise $20 billion tax cut sparked fears of missing deficit targets

Market Ahead, October 1: Top factors that could steer markets today

auto and cement stocks will be in focus as respective companies are slated to announce their Sept sales data today

Stocks to watch: Auto cos, Bharti Airtel, RIL, Tata Comm, CG Power, BPCL

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

YES Bank stock falls 15% as investors worry over HDIL, DHFL exposure

According to a report, YES Bank had an exposure of Rs 3,700 crore to DHFL - which has also defaulted on its loans

Top stock recommendations by Anand Rathi: Buy Divis Labs, Godfrey Phillips

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

Sebi, Ministry of Corporate Affairs plan to turn up heat on rating firms

Credit rating agencies may be told to follow norms set for bourses; move will change ownership structure

Indiabulls Housing Finance shares fall 34% on concerns over LVB merger

The RBI placing Lakshmi Vilas Bank under PCA framework amidst the proposed merger, and litigation against the housing financier are perceived negatively by investors

Be watchful of expense ratio you pay if your fund manager can't outperform

Coughing up a high expense ratio year after year makes no sense if your fund manager is unable to outperform

FPIs withdraw $3 billion between July-September; highest in 11 quarters

Despite the 3 per cent gain in September 2019, the FPI sell-off during the quarter has seen the benchmark indices register negative returns in Q3CY19

Mid, small-caps underperform in H1FY20; metals, pharma, autos worst-hit

While the Sensex has lost a marginal 0.3 per cent since the beginning of this fiscal, Nifty has slipped 1.1 per cent during this period

Sensex falls 155 points, Nifty below 11,500 amid turmoil in financial space

The performance of banking and financial stocks was a big drag on the markets, even as gains in technology, consumer goods and oil stocks helped offset most of the losses

Over Rs 1.6 trillion debt downgraded by credit rating agencies in August

Credit risks have continued to weigh on the debt markets, with debt programmes worth Rs 1.64 trillion being downgraded in August. So far in FY20, Rs 10 trillion worth of debt has been downgraded

Goa facility issue worsens Cipla's growth worries; stock falls over 3%

India business has been soft given the realignment of the sales channel

Near-term investor sentiment may not be high on Marico's slow Q2 growth

While the company may lower its FY20 volume growth guidance amid muted offtake in September quarter, benign copra prices should push up profit margins

Market Wrap, Sept 30: Sensex slips 155 pts; Indiabulls Hsg Fin tumbles 34%

On the NSE, the Nifty50 index closed at 11,477.25 levels, down 35 points or 0.31 per cent.

Indiabulls Group shares tumble; Indiabulls Housing ends 34% lower

Indiabulls Housing Finance saw its sharpest intra-day fall since listing, plunging 38 per cent to Rs 240, also its 52-week low on the BSE. The trading volumes on the counter jumped four-fold

MARKET WRAP: Sensex loses 155 pts amid selling in banks; IBHFL tumbles 34%

All that happened in markets today.

YES Bank continues to bleed, slips 15% to hit a 10-year low

Thus far in financial year 2019-20 (FY20), the share price of YES Bank has plunged 85 per cent, against a per cent fall in the Sensex.