Page 2731 - Markets News

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

Technology funds high on rupee slide, global IT services growth

For a one-year period, these funds have returned 16.8 per cent, beating other sectoral funds comfortably

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

All that happened in the market today

SpiceJet offers valuation comfort; best play among aviation stocks: Experts

At the bourses, Jet Airways, InterGlobe Aviation and SpiceJet have underperformed the benchmark S&P BSE Sensex so far in FY19.

Voltas, GSK Consumer: 5 stocks that can slip 10% from the current levels

GlaxoSmithKline Consumer Healthcare, Monsanto Limited, Ge T&D India Ltd, Tata Elxsi and Voltas are among the few stocks in the S&P BSE 500 index can see more sell-off, technical charts suggest.

Kaveri Seed extends fall on weak Q3 results; slips 8% to hit 52-week low

The stock was down 8% at Rs 431 on the BSE, falling 16 per cent in past four sessions, after the company reported 33% YoY decline in net profit at Rs 3.65 crore in Q3FY19.

Varun Beverages up 4% on bagging rights to sell PepsiCo drinks across India

Shares of Varun Beverages rose as much as 3.78 per cent to Rs 802.05 apiece on the BSE in the intra-day trade, as it bagged the contract to bottle and distribute PepsiCo drinks across India.

Emami surges 15% after promoters sell 10% stake to pare debt

The stock surged 15 per cent to Rs 407 on the BSE after the promoters of the personal products company divested 10 per cent stake in the company for Rs 1,600 crore to reduce the debt.