Page 2613 - Markets News

Cyient reports worst quarter nos in decade; stock dips 11% to hit 52-wk low

Cyient's Q1FY20 revenue of USD 157 million de-grew by 5.2% QoQ, was worst sequential performance in the past 10 years.

RIL to announce Q1 results on Friday. Here's what brokerages expect

For the quarter under review, RIL's GRMs are likely to come in at $8/barrel, down 2 per cent quarter-on-quarter due to unfavorable Brent-Dubai and refinery shutdown

ACC gains 5% on better-than-expected June quarter earnings

The company posted 39 per cent year-on-year jump in consolidated net profit at Rs 456 crore in June quarter on the back of higher realisation.

Stocks to watch: RIL, IndiGo, ICICI Lombard, ACC, Bandhan Bank, Jet Airways

Here's a look at the top counters that are likely to trade actively in today's session.

Market Ahead, July 2019: All you need to know before the Opening Bell

The benchmark indices may take hint from their global peers which moved higher after expectations of a rate cut by Federal Reserve strengthened.

CPSE ETF anchor issue subscribed 8 times, opens for retail investors today

Sources said anchor investors placed bids for units worth Rs 20,000 crore against Rs 2,400 crore on offer

Sebi tightens disclosure framework for all listed banks: Details here

The new framework will come into effect immediately

NMDC to resume operations at the Donimalai iron ore mine after 9 months

The mine was closed by NMDC for the past nine months, after a state government order to impose an 80 per cent premium levy of the average sale price from there

Supply shortage raises veggie prices in wholesale markets in Mumbai, Delhi

Farmers in Maharashtra, Uttar Pradesh hit by poor rainfall and excess of it in Bihar.

Sebi seeks to address issue of abrupt auditor exits from listed companies

The markets regulator has proposed that auditors should be made to review -limited or complete report - for the quarter during which it resigns

Add fixed deposits to your portfolio as rates on offer are quite reasonable

Many financial planners advise using this instrument for investment as well as meeting short-term goals

Muted volumes, falling e-auction premiums likely to hurt Coal India

The government's announcement in the Budget regarding increased divestment targets will be an overhang on the stock

Q1 results: YES Bank's investors stare at painful and uncertain days ahead

Another quarter of 'kitchen sinking' took away close to Rs 1,784 crore from the bank's operating profit pool, even as net profit at Rs 114 crore was better than steep losses in the previous quarter

FPIs may set up SPVs in Mauritius, Singapore to avoid surcharge hike

The government on Thursday ruled out a rollback of the "super-rich" tax on FPIs organised as trusts or association of persons

Flipkart co-founder Sachin Bansal in talks to buy Essel's mutual fund arm

After quitting Flipkart, Bansal has set up BAC Acquisitions (BACQ), which has started to look for investment opportunities in the banking, financial services and insurance (BFSI) space

Govt's plan to sell its first foreign sovereign bonds a risky money idea?

A key nationalist ally of Modi's ruling Bharatiya Janata Party has called the proposal a 'dangerous idea', which could lead India into a debt trap

Iron ore prices to rise 15-20% in FY21 after expiry of mining leases

By March 2020, more than 30 iron ore mining leases, all held by merchant or non-captive lessees, are scheduled to expire

Market Wrap, July 18: Sensex slips 318 pts, Nifty below 11,600

Sectorally, PSU Banks slipped the most with the index closing 3.18 per cent lower. This was followed by Nifty Auto index (down 2.74 per cent) and Nifty Metal index (down 2.46 per cent)

MARKET WRAP: Sensex slips 318 pts, Nifty below 11,600; YES Bank plunges 13%

Heavy selling was witnessed across the board with stocks of public sector banks, automobiles and metals slipping the most.

Wipro gains 3% post Q1 results, but brokerages seem unimpressed with nos

The major disppointment came in the form of muted revenue guidance of 0.0-2.0 per cent for Q2FY20, implying 0-2 per cent quarter-on-quarter (QoQ) growth at the lower end and upper end, respectively.