Page 2632 - Markets News

Outlook for Piramal Enterprises is not bright; stock falls over 3%

Further unwinding of positions in Shriram Group firms is key worry

Market Wrap, June 17: Sensex tanks 491 points, ends below 39k

All the Nifty sectoral indices closed Monday's session with losses, with Nifty Metal, down 2.87 per cent, and Nifty Auto, down 1.69 per cent, taking the deepest cuts

MARKET WRAP: Sensex tanks 491 pts, ends below 39k at 1-month closing low

All that happened in the markets today

NDTV tanks 8% after Sebi bars Prannoy, Radhika Roy from securities market

In response, founders of the NDTV group called the Sebi's order to debar them from holding any managerial position as "outrageous, bad in law and against all procedures"

Aster DM Healthcare gains 7% after ICRA upgrades rating of bank facilities

The upgrade in the ratings takes into account of the double-digit top-line growth of the Group's operations, backed by ramp-up of new facilities and improving operations in the existing facilities.

Nifty Metal index dips 3%; Jindal Steel, Tata Steel, SAIL down over 5%

In the past two months, Nifty Metal index has tanked 9 per cent against 1 per cent fall in the Nifty 50 index.

Airtel Africa's London IPO set at 80-100 pence per share; to mop up $750 mn

The final pricing is expected to be announced on or around June 28, 2019, on the London Stock Exchange, according to a filing

Lupin, Divi's Lab, Aurobindo Pharma: Here's how you can trade pharma stocks

A major bullish trend may start only above the range of 8,600 - 8,500 level, that said it seems far considering the resistance of 8,400 level.

Jet Airways slips for eleventh straight session, down 16% on BSE

During the past three trading days, the stock has plunged 38% after the BSE and NSE ordered to pull the scrip out from Futures and Options trading from June 28

Shriram Transport slides 8% after Piramal Enterprises sells entire stake

Piramal Enterprises sold 9.96 per cent equity of Shriram Transport Finance Company to third-party investors, according to its stock exchange filing.

Reliance Infra hits over 28-year low as auditors raised concern over biz

Thus far in the month of June, the share price of RInfra has tanked 49 per cent from the level of Rs 104, as compared to a one per cent decline in the S&P BSE Sensex.

Market outlook: Sensex, Nifty trend appears weak. It's time to be cautious

A rise in the Nifty has been used for squaring longs and shorting stocks. The medium-term support of 11,550 - 11,500 should act as a range for a bounce

Lupin, Bharti Airtel, Voda Idea and Jet Airways among top stocks to watch

Here's a look at some of the companies whose shares are expected to trade actively in today's trade -

Market Ahead, June 17: All you need to know before the Opening Bell

Trade war will be one of the biggest factors for markets this week

Street signs: Fed to drive Nifty, firms defer IPOs in weak market, and more

Analysts believe that the upside may be capped for the Nifty and the index may fall further if it fails to hold 11,800, with the next crucial support at 11,650

Trade war to slowdown in demand: Margin pressure on metals to continue

The sector was a laggard even on the net profit front as falling prices and weak global demand put pressure on realisations

Returns from consumption stocks could be muted, says Kenneth Andrade

On the liquidity side, the consensus still favours India to be one of the faster growing economies across the world, says Andrade

Fund houses line up to take ESG route amid a spate of governance issues

The schemes primarily aim to invest in securities that favour the ESG criteria, and avoid names that go against it

Life insurance may be a good option for investors in long run: Experts

A relatively new industry for stock markets, investors will take time to understand the business dynamics

Reliance Infrastructure auditors say unable to give view on annual results

Firm posts biggest quarterly loss in Jan-March period