Page 2547 - Markets News

YES Bank dips 10% as Moody's downgrades ratings with negative outlook

Moody's expects the bulk of YES Bank's operating profits to get consumed by loan loss provisions over the next 12-18 months, and thus not support internal capital generation.

Differential regime for FPIs, Indians there before surcharge rollback: CBDT

Finance Minister Nirmala Sitharaman recently announced the withdrawal of enhanced surcharge on short-term and long-term capital gains earned by foreign portfolio investors and domestic investors

RBL Bank slips 10% in two days, hits 31-month low on asset quality concerns

Since July 19, post April-June quarter results, RBL Bank has underperformed the market by falling 42 per cent as compared to 3 per cent decline in the Nifty 50 index.

Steel stocks slip up to 5% as Moody's changes outlook to negative

Moody's Investors Service says that rising input costs and an inability to pass on higher costs to customers are pressuring the profitability of Asian steel producers

Indian Bonds rally on RBI windfall, focus now on 10Y issuance: Report

The global financial services major DBS, however, noted that interests in this paper is likely to be lukewarm ahead of the new 10Y issuance in September or October

IDBI Bank slips 10% after S&P places ratings on CreditWatch negative

The rating agency said it placed the ratings on CreditWatch to reflect the uncertainty regarding IDBI's ability to meet its regulatory capital requirement over the next few months.

HUL slips 2% as it reduces prices of Lux, Lifebuoy and Dove soaps

For the quarter ended June 30, 2019, the FMCG bellwether reported 15 per cent year-on-year (YoY) growth in its net profit at Rs 1,755 crore.

Vadilal Industries surges 22% in 4 days post Q1 results, hits 52-week high

Vadilal Industries reported a 16 per cent year-on-year (YoY) jump in its consolidated net profit at Rs 38 crore on the back of higher sales

Is Infosys a good bet post Rs 8260-crore buyback? Here's what charts say

The stock has absorbed all the selling pressure in the range of Rs 760 - Rs 770 and is ready for a fresh upside. Although it witnessed mild selling above Rs 800, the overall trends still looks bullish

Market Ahead, August 28: All you need to know before the Opening Bell

Realty stocks are likely to see some major movements today as Centre is readying a package to perk up the real estate sector

Stocks to watch: HUL, PFC, Dilip Buildcon, YES Bank, DHFL,Talwalkars Group

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

Technical calls from HDFC Securities: Buy MCX, Petronet LNG

Nifty outlook and top trading ideas by Vinay Rajani - Technical Analyst, HDFC Securities.

Analysts rule out big-bang stimulus spend by govt despite RBI windfall

Analysts say lacklustre tax collections and weak growth which is threatening the fiscal deficit target of 3.3 per cent of GDP are some of the reasons that will limit the government's spending power

Healthy sales in branded portfolio lift Abbott India's margins in Q1

Incremental growth to be led by new launches, expansion into new therapies

PSB Recapitalisation: An effort worth making if played to strength

Credit offtake remains healthy in housing, small businesses and agri loans, which is also the forte of public sector banks

Growth facing structural, cyclical issues: SBI Mutual Fund's Navneet Munot

Cyclically, global growth and challenges in the NBFC sector are at play, says Navneet Munot

Infosys stock plunges over 2% as Rs 8,260-crore share buyback ends

Shares of Infosys closed the session down 2.23 per cent at Rs 785 on Tuesday

Private sector banks' pledged shares exposure up by a third since January

Increased pledging is often seen as a sign of liquidity issues with promoter groups

Sebi asks MF trustees to be more proactive, not wait for regulator to act

Sebi chief Ajay Tyagi urges MFs to be more careful investing in high-yield debt instruments and not choose returns over safety

Goldman Sachs sees more pain in store for the Indian economy

The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006, the report said.