Page 2723 - Markets News

Oil and gas exploration stocks gain; Duke Offshore hits 20% upper circuit

Shares of oil and gas exploration companies rose as much as 20% in intra-day trade on Wednesday as the government decided to offer bigger oil and gas areas currently under PSUs to the private sector.

Aavas Financiers hits new high; surges 35% in three months

The stock rose 3% to hit a new high of Rs 930, its highest level since listing on October 8, 2018.

PNC Infra, Sadbhav: 5 road construction stocks IDBI Capital is betting on

The fact that construction companies are fully dependent on government for orders makes it an important event for companies in the road construction segment from order book / revenue perspective.

Rupee opens 5 paise higher at 71.29 against US dollar as oil prices slip

The domestic unit weakened by 11 paise to end at 71.34 against the greenback on Monday, amid firming crude oil prices and persistent foreign fund outflows.

Real estate stocks, GMR Infra, Nalco and YES Bank top stocks to track

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

Market Wrap: Sensex drops 423 points from day's high to close at 35,353

The benchmark indices pared their day's gains and closed nearly half a per cent lower on Tuesday led by a fall in TCS, Infosys, RIL and HDFC twins.

Market Ahead, Feb 20: GST Council meeting, US-China trade talks eyed

Investors on Wednesday are likely to keep an eye on the 33rd GST Council meeting, due later in the day.

YES Bank denies wrongdoing, says disclosure in line with guidelines

On February 14, the private lender had disclosed that the RAR had not found any divergence in asset classification and provisioning for 2017-18

Emami stock rises 13% after promoters sell 10% stake to pare debt

The share sale took place on the stock exchange platform and SBI Mutual Fund, Premji Invest, Amundi, IDFC and L&T Mutual Fund were among the buyers

Top trading ideas by Prabhudas Lilladher: Buy Sterlite Tech, REC

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

Today's picks: From NTPC to UPL, hot stocks to buy on Wednesday

For NTPC keep a stop at Rs 136 and go short. Add to the position between Rs 131 and Rs 132. Book profits at Rs 130.

Technical calls from HDFC Securities: Sell MCX, Repco Home Finance

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

IL&FS Engineering, Punj Lloyd among 314 stocks trading below face value

Reliance Communication (RCom) hit a new low of Rs 4.85 and slipped below its face value of Rs 5 per share on February 6, 2019

Farm loan waiver, exposure to IL&FS may impact SBI's growth target

The bank's management, on its part, is confident about softening of bad loan or NPA with the recovery of Rs 34,000 crore from eight accounts

Lower realisation, higher cost drags Ambuja Cements's Q3 performance

Muted volume growth expectations keep analysts cautious on CY19 profit growth

Adivasis, farmers in Maharashtra planning to march from Nashik to Mumbai

The march will commence on Wednesday from Mumbai Naka in central Nashik and reach Mumbai on February 27

Planning to invest in mutual funds? Avoid these common mistakes

In fact, equity mutual fund investors should exploit such opportunities by topping up their existing SIPs with fresh lumpsum investments in a staggered manner

Iron ore output likely to hit record 225 million tonnes in FY20

Merchant producers in Odisha accelerating production with lease lapsing by March 2020

Weak demand from original equipment manufacturers to weigh on Apollo Tyres

Falling raw material costs to ease the pressure on pricing, sluggish demand

Sensex, Nifty end lower for ninth straight session; TCS, Infosys fall

Fears that India may escalate its response to a deadly attack on a CRPF convoy last week and uncertainty over the outcome of the national elections also weighed on sentiment