Page 2652 - Markets News
Top trading ideas by Anand Rathi: Buy Raymond, Bharti Infratel; sell USL
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.
 "Top trading ideas by Anand Rathi: Buy Raymond, Bharti Infratel; sell USL")
Donald Trump tweets hit D-Street, oil saves the day; Sensex falls 363 pts
The fall in the domestic market was subdued compared to carnage seen in global equities
 "Donald Trump tweets hit D-Street, oil saves the day; Sensex falls 363 pts")
SAT relief to three senior NSE officials, brokers in co-location case
Sebi has barred the three officials from holding any position with any stock exchange, depository, clearing corporation and any intermediary registered with it for two years
 "SAT relief to three senior NSE officials, brokers in co-location case"){kind=logo}
Lighthouse closes capital raise for Fund III at Rs 1,750 crore
Of the amount, $20 million came from co-invest capital from World Bank's IFC and a family office from the Middle East
 "Lighthouse closes capital raise for Fund III at Rs 1,750 crore")
Trump's tariff threat to China pulls down global commodity prices
Jitters already felt in crude, farm goods and base metals; US aims at heart of chinese economy; Beijing's retaliation could have tailspin effect on global trade
 "Trump's tariff threat to China pulls down global commodity prices")
Emerging market exchange-traded funds suffer outflows led by China
Meanwhile, Indian markets got inflows of $12.6 million, most of it going into the equity market
 "Emerging market exchange-traded funds suffer outflows led by China")
ICICI Bank Q4 profit at Rs 969 crore, falls 5% on higher expenses
The lender's net profit was Rs 969 crore for the March quarter against Rs 1,020 crore in the year-ago quarter
 "ICICI Bank Q4 profit at Rs 969 crore, falls 5% on higher expenses")
YES Bank slips to 10th position in league table for most-valued banks
At the start of the year, YES Bank was ranked 7th
 "YES Bank slips to 10th position in league table for most-valued banks")
Despite profitability overhang, OMC stocks remain attractive bets
Analysts expect marketing margin concerns, most of which are already priced in, to recede after elections, and say valuations are now attractive
 "Despite profitability overhang, OMC stocks remain attractive bets")
LIC Housing: Interest margins improve, but asset quality is key
The sharp increase in gross NPAs reflect stress in its loan against property business.
 "LIC Housing: Interest margins improve, but asset quality is key")
Investors' wealth erodes by Rs 1.24 trillion as stock markets plunge
From the 30-share pack, 25 scrips witnessed sell-off led by Yes Bank, Tata Motors, Bajaj Finance, Tata Steel and HDFC
 "Investors' wealth erodes by Rs 1.24 trillion as stock markets plunge")
Market Wrap, May 6: Sensex tumbles 363 pts, Nifty below 11,600
Voltality-measuring index, India VIX, also rose sharply to 10.23 per cent on the day
 "Market Wrap, May 6: Sensex tumbles 363 pts, Nifty below 11,600")
Sensex tumbles 363 pts, Nifty below 11,600 on Trump's trade threat to China
All that happened in the markets today
 "Sensex tumbles 363 pts, Nifty below 11,600 on Trump's trade threat to China")
Tata Chemicals surges 9% post March quarter results
The company's Ebitda rose 3.6 per cent at Rs 531 crore in March quarter.
 "Tata Chemicals surges 9% post March quarter results")
Goldiam International zooms 54% in four days; stock hits 52-week high
In the past four trading days, the stock has rallied 54 per cent from the level of Rs 76.20 on April 26, 2019, as compared to a 1 per cent decline in the benchmark Nifty 50 index
 "Goldiam International zooms 54% in four days; stock hits 52-week high")
ADAG stocks dip: Reliance Home Finance at new low; Reliance Capital down 6%
Brickwork revised ratings of various exiting debt instruments of Reliance Capital and continues the rating on credit watch with negative implications.
 "ADAG stocks dip: Reliance Home Finance at new low; Reliance Capital down 6%")
Aavas Financiers hits new high on robust Q4 results; stock up 23% in 6 days
The housing finance company reported a net profit of Rs 54.3 crore in March quarter, against Rs 20 crore in the year-ago quarter.
 "Aavas Financiers hits new high on robust Q4 results; stock up 23% in 6 days")
Deepak Nitrite soars 8% on stellar March quarter earnings
The stock is trading close to its all-time high of Rs 305 touched on September 27, 2018.
 "Deepak Nitrite soars 8% on stellar March quarter earnings")
YES Bank falls 5% as ICRA downgrades bonds rating
ICRA downgraded Yes Bank's tier-I and tier-II bonds and infrastructure debt on deterioration in the credit quality of large ticket borrowers.
 "YES Bank falls 5% as ICRA downgrades bonds rating")
Cadila hits 52-week low on 14 observations from USFDA for Moraiya plant
The US Food and Drug Administration has issued 14 observations after inspecting the drug firm's manufacturing facility at Moraiya in Ahmedabad.
 "Cadila hits 52-week low on 14 observations from USFDA for Moraiya plant")