Page 2593 - Markets News

Bears tighten grip on mkt: Nifty falls to lowest level in nearly 5 months

The index has lost 5.2 per cent, or 603 points, in just nine trading sessions amid a sharp sell-off by foreign portfolio investors

Mutual funds' exposure to Coffee Day Natural Resources stood at Rs 192 cr

Meanwhile, DSP had exposure of Rs 132 crore through its credit risk fund

Stunted FY20 volume growth to hurt Escorts; net profit may see a 20% fall

The expected pain was reflected in the performance of the company and the sector in the June quarter

Axis Bank net profit improves in Q1, but asset quality still a concern

It is taking pro­active steps to address potential stress, though net NPA at 2.04% hasn't changed much sequentially

Sebi wants mutual funds to track emerging credit risks in exposures

Sources said the regulator wants MFs to rely less on rating agencies as they have been slow to react or flag credit risks in recent cases

Dr Reddy's Labs looks to recover from Q1 blues with multiple growth drivers

Steady improvement in the US and India market growth keeps analysts positive

Market Wrap, July 30: Nifty ends below 11,100, Sensex sheds 289 pts

Shares of Coffee Day Enterprises plunged 20 per cent to hit the lower circuit limit of Rs 154.05 on the BSE in the opening deals on Tuesday

Coffee Day Enterprises tanks 20% as co-founder VG Siddhartha goes missing

Shares of Sical Logistics, another Siddhartha-promoted company saw its shares plunge 20% to Rs 72.8 in intra-day trade

MARKET WRAP: Nifty ends below 11,100, Sensex sheds 289 pts; CCD slips 20%

The Sensex and Nifty50 touched an intra-day low of 37,359 and 11,073 respectively.

Axis Bank reports 95% YoY rise in PAT at Rs 1,370 cr; provisions rise QoQ

The Bank's provisions increased to Rs 3,814.58 crore up from Rs 3,337.7 crore in the year ago period and Rs 2,711.43 crore in Q4FY19.

Tech Mahindra posts 7% YoY rise in consolidated net at Rs 959 crore

In constant currency terms, revenue grew 3.7 per cent, it said in its press release.

Valuation rerating ahead for ICICI Bank; Q1 loan growth at 14-quarter high

While the bank is headed for better days, it is important for investors not to lose sight of a few critical aspects

With founder Siddhartha missing, will Cafe Coffee Day get sold to PE firms?

Experts say the counter will remain under pressure in the short-term till there is clarity on who runs the business

Bharti Airtel Q1 preview: Marginal growth in ARPU, revenue seen

Investors should watch mobile broadband subscriber addition, sale of non-core assets, and other balance sheet deleveraging plans

Bank of India slips 6% on weak Q1 nos, stock tanks 27% in 2019 so far

The bank's GNPA ratio deteriorated sequentially. It came in at 16.5 per cent, up from 15.84 per cent clocked in Q4FY19

Strides Pharma soars 12% after Co announces JV with Chinese firm

Strides Pharma Global Pte (Singapore) and Sun Moral International (Hong Kong), a wholly-owned subsidiary of Sihuan Pharmaceutical Holdings, have entered into a JV to form called Sihuan Strides.

Stocks to watch: Coffee Day Enterprises, TechM, Axis Bank, Hero MotoCorp

Here's a list of some of the counters that are likely to trade actively in today's trading session.

Sebi proposes tighter disclosure rules for proxy advisors to avoid conflict

Although limited in their presence in India, proxy advisors, which provide research to institutional investors, are a fixture in western markets

Market Ahead, July 30: All you need to know before the Opening Bell

Investors will eye quarterly earnings and global cues for market direction on Tuesday. They will also react to major results announced on Monday after market hours.

Top trading calls by Anand Rathi: Buy Berger Paints, Mindtree, GCPL

Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.