Page 2655 - Markets News

YES Bank slips 2% after India Ratings downgrades its long-term ratings

The rating agency downgraded YES Bank's long-term ratings, while reaffirmed short term rating.

Rupee slides further, opens 17 paise lower at 69.88 against US dollar

The domestic unit on Wednesday fell further by 28 paise to 69.71, extending its losses for the third straight day due to escalating US-China trade tensions and a massive sell-off in equity markets.

HCL Tech Q4 preview: Margins to remain muted; revenue growth guidance eyed

The results will be keenly watched as the US-headquartered IT services company Cognizant, earlier this week, halved its revenue forecast for 2019 citing sluggish demand in its key segments.

HCL Tech, Titan, Asian Paints, ZEEL, Hindalco among top stocks to watch

Here's a look at the top stocks that are expected to trade actively in today's session:

US-China trade talks to Q4 nos, top factors that may drive market today

Trade deal negotiations between the United States and China along with March quarter results and rupee movement will be keenly watched by the investors on Thursday.

Why India's biggest investors in shadow bank debt are getting cold feet

Mutual fund investments in commercial paper and bonds that mature within 90 days dropped to 3.24 trillion rupees ($46.5 billion) at the end of March, the lowest in six quarters

Trade tensions rattle markets; equities edge lower for 6th straight session

Election result uncertainty also weighs on investor sentiment

Political newsflow, global triggers may keep market volatility high

Q4 show may not be as impactful; volatility is most likely to spike some more after May 16, rising another notch after May 23

Q4 show hit by dull auto sales, no near-term relief seen for Kansai Nerolac

Analysts slash earnings estimates for FY20 and FY21; dismal demand in key segment may limit firm's pricing power

Tepid base metal prices on LME may play spoilsport for Vedanta stock

Volatility in base metal prices on the London Metal Exchange due to trade war concerns may keep Street cautious on Vedanta stock

FY20 may be the biggest year for rights issues since liberalisation

Total mop-up close to breaching 2007-08 high as telecom firms load up on capital

Promoters use tepid market conditions to hike stake in group firms

Tata Sons, the largest shareholder in Tata Motors, hiked its stake by 2 per cent to 35.3 per cent from 33.3 per cent

Sebi prompts bourses to consider capping sectoral weightage in indices

Bourses have sought feedback on capping of sectoral weight in indices; rising weightage of financial sector questioned

Sebi allows foreign portfolio investors to invest in municipal bonds

The limits for FPI investment in SDLs is 2 per cent of outstanding stock of securities

Market Wrap, May 8: Sensex plunges 488 pts, Nifty ends at 11,359

All the sectoral indices on NSE ended in the red. Media stocks took the hardest knock, followed by realty and PSU bank stocks

MARKET WRAP: Sensex plunges 488 pts, Nifty ends at 11,359; RIL sheds 3%

All that happened in markets today

Neogen Chemicals makes strong debut, lists at 17% premium over issue price

The initial public offer (IPO) of Neogen Chemicals, which ran between April 24 and April 26, received huge response from the investors as the issue was overall subscribed 41.18 times.

Bosch, Amara Raja, Reliance Infra, Shriram City Union hit 52-week low

Godrej Consumer Products, Cadila Healthcare, IDBI Bank, Jubilant Life Sciences, Eveready Industries and Vodafone Idea were among 26 stocks on BSE500 index that hit 52-week lows today

Reliance Industries hits 8-week low; down 7% in three days

The stock down 3% at Rs 1,303, hit its lowest level since March 11, 2019 on the BSE in intra-day trade on Wednesday.

UPL gains 2%, nears 52-week high as board considers bonus issue

The board of directors is scheduled to meet on May 17, 2019 to consider issue of bonus shares and dividend on equity shares of the company.