Page 2624 - Markets News

Morgan Stanley cuts 2019 global growth estimate to six-year low

The developments post-G20 meeting, Morgan Stanley says, are not enough to remove the uncertainty around trade policy, given the lack of clarity so far on the critical issues.

After cool FY19, Voltas set to beat summer heat on AC sales boost

Channel checks by brokerages have pointed towards higher sales, which have helped reduce channel inventories

ICRA shares tumble over 6% as MD and CEO Naresh Takkar sent on leave

The scrip declined 6.41 per cent to Rs 3,012 on the BSE

Market turnover dips 26.2% as heavy rain continues to lash Mumbai

The highest rainfall for June in 2018 saw a 15.4 per cent decline in turnover compared to the previous five sessions

MF sales may dip as regulatory changes choke distributor commissions

Experts say distributors might re-look at viability of selling MF products in light of new changes

Market Wrap July 2: Sensex ends 130 pts higher, Nifty tops 11,900

Sectorally, realty scrips were under pressure with the index with ending 1.5 per cent lower. This was followed by losses in pharma and bank counters

Little to cheer for domestic steel units even as India's use nears 100 MT

Scaling down of steel capacity in China helped push imports lower in the last couple of years

MARKET WRAP: Sensex ends 130 pts higher, Nifty tops 11,900; IT stocks rally

In the broader market, S&P BSE Mid-Cap ended 56 points, or 0.38 per cent higher at 14,945 levels while the S&P BSE Small-Cap gained 0.52 points to settle at 14,283 levels.

India's June gold imports rise 12.6% YoY as global prices jump: Reports

In India, local prices jumped to a record high in June, moderating demand from retail consumers

Indian markets have not sustained pre-Budget rallies in the past

When expectations are low, the markets tend to do well post the budget

SBI, Syndicate Bank: Should you buy PSU banks ahead of Union Budget 2019?

The Nifty PSU Bank chart depicts formation of 'symmetrical triangle', whose levels coincide with MACD breakout of 3,400-3,380. The support comes at 2,950 level

VA Tech Wabag soars 14% on hopes of water mgt announcement in Budget 2019

The trading volumes on the counter jumped more than 15-times with a combined 1.4 million shares, representing 2.5 per cent of the total equity of the company, changing hands on the NSE and BSE

Want to invest in stocks? Here's how to play the market ahead of Budget

Till the Nifty is trading above 10,600 levels, one should not be negative on the overall trend. Every dip should be seen as a buying opportunity with an intention to stay in trade

LS passes Finance Bill 2018; unlisted stocks to get indexation benefits

Finance Bill passed by Lok Sabha without debate; relief for start-ups, PPF holders

How Centre achieved divestment target despite volatile market conditions

Disinvestment proceeds are key for the government's finances as they help bridge the fiscal deficit

Another Cox & Kings default drags stock to fresh all-time low

This is the second default by the company. Last week, it defaulted on a commercial paper of Rs 150 crore

143 winners you can cash out of before March 31, to save capital gains tax

Sell any of these stocks after that date, when the new financial year starts, and you could be liable to pay tax at 10%

LTCG tax: No STT likely on employee stock options plans, inherited shares

Listed shares received through family succession or will of the deceased and acquired till January 31 will not attract STT

Market valuation, hike in LTCG: Analysts rule out runaway pre-budget rally

Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say

ICRA slips 6% after it sends MD and CEO Naresh Takkar on sudden leave

Without disclosing specific reasons, the rating agency informed the stock exchanges that its board in its meeting on Monday decided to place Takkar on leave, effective immediately.