Page 2697 - Markets News

Market Wrap: Sensex down 101 pts, Nifty slips below 11,450; pharma declines

On the sectoral front, pharma stocks bled the most followed by auto and realty stocks. The Nifty Pharma index fell 1.04 per cent to 9,149, with all the 12 components ending in the red

MARKET WRAP: Sensex down 101 pts, Nifty slips below 11,450; pharma declines

All that happened in markets today

Nifty PSU Bank index hits over 6-month high, SBI gains 6% in two days

Nifty PSU Bank index has gained 4% in the past two days. It hit an intra-day high of 3,249 on Wednesday, its highest level since September 4, 2018.

SML Isuzu nears 52-week high; stock zooms 50% in March

It has rallied 64 per cent from its 52-week low value of Rs 520 hit on February 19, 2019 in intra-day trade

SML Isuzu hits 20% upper circuit on strong February sales numbers

The company reported strong 33 per cent year-on-year (YoY) growth in total sales at 1,282 units in February.

IIFCL to raise up to Rs 1,200 crore through bonds to improve capital base

Delhi-based infrastructure lending company has seen pressure on its capital adequacy due to higher provisions for non-performing assets

Vodafone Idea hits fresh low of Rs 28.30 ahead of rights issue

The firm has fixed April 2 as the record date for the purpose of determining the shareholders who will be eligible to apply for the rights issue

United Breweries gains 6% to Rs 1,428 after block deals

Around 7.41 million shares, representing 2.8 per cent of total equity of United Breweries, changed hands via block deals at a price of Rs 1,381.60

ICICI Prudential surges 9% after good response for OFS

The stock rallied 9 per cent to Rs 348 on the BSE in early morning trade as the offer for sale of the company saw subscription of 3.9 times.

Rupee declines 13 paise against US dollar in early trade

On Tuesday, the domestic unit appreciated by 10 paise to end at 68.86 following a robust response to RBI's maiden rupee-dollar swap auction.

Vedanta, Sheela Foam, GMR Infra and PNB among top stocks to track today

Here's a look at the top stocks that may remain in focus today -

IL&FS defaults, liquidity crunch may lead to M&As between banks and NBFCs

A good deal with an NBFC will help the smaller and regional banks grow exponentially; some of the bigger NBFCs anyway have a good feel of the bottom of the pyramid

Nifty outlook and top trading ideas by Prabhudas Lilladher

Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

Technical calls from HDFC Securities: Buy Pidilite Industries, RBL Bank

Nifty outlook and top trading ideas by Vinay Rajani - Technical Analyst, HDFC Securities.

Market Ahead: Rupee, global cues, and oil prices likely to guide market

The equity market today is expected to be guided by stock-specific action, movement of rupee against the US dollar, oil prices, and FII inflows.

Raamdeo Agrawal sees room for more gains in stocks after Pakistan feud

The S&P BSE Sensex Index has jumped 8 per cent from a low on Feb 19, days after the suicide bombing in Jammu and Kashmir's Pulwama

Great Indian promoter sale: Strategic deals with foreign players on rise

According to VCC Edge data, the average deal size in the last two years has doubled to an average of $22.5 million

India to outperform poll-bound emerging markets in 2019

The election season in select EMs started on March 24 with Thailand heading into polls

Focus on India, emerging markets could drive Dr Reddy's rerating

These markets get a higher valuation compared to the US

ICICI Prudential OFS subscribed 3.9 times; investors bid for 210 mn shares

Till December, ICICI Prudential had 21.31 per cent public shareholding