Page 2737 - Markets News

RBI policy meet, Q3 nos and global cues to steer indices today

Corporate earnings for December quarter and the ongoing three-day Reserve Bank of India (RBI)'s monetary policy meeting are likely to have a major influence on the domestic stocks on Wednesday

Tech Mahindra, Cipla, Lupin and Jubilant FoodWorks may hog the limelight

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

Technical calls from HDFC Securities: Buy Axis Bank, Infosys

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

Global exchange traded funds minimised effect of FII sell-off: Report

If not for inflows from emerging market funds, the net FII selling could have been higher

Shriram Transport: Street hasn't turned cautious despite fall in profit

A mix of prudent lending, along with increased securitisation, assignment, and reliance on external commercial borrowings, has helped the financier

Rising costs offset volume growth benefits for ACC; stock falls 1.4%

Profitability below Street estimates because of subdued realizations

Suzlon Energy stock plunges more than 24% on debt default rumours

The company's debt burden has been a concern, both with the analysts and rating agencies.

At 13 times its FY21 EPS, TechM stock is available at attractive valuations

How Tech Mahindra's telecom segment pans out is what the Street is cautious about

Buybacks fail to boost long-term prospects; volatility a dampener

Shares of only a fourth of the firms above their buyback price; promoters tend to benefit the most

Former NSEL director Joseph Massey's police custody extended by two days

Mumbai EOW had arrested him on January 27 and sent him police custody till February 5

MFs invest over Rs 7,000 crore in Jan; FPIs pull out Rs Rs 5,200 crore

The fund houses believe that the uptrend may continue in the coming months too as large amount of flow is expected through the SIP route

PNB reports 7% yoy rise in Q3 profit at Rs 246.5 crore

Gross NPA for the period came in at 16.33 per cent against 12.11 per cent in the corresponding quarter of last fiscal.

What are the characteristics of defensive stocks?

Let us look at some of the unique features of defensive stocks that distinguish them as a category.

MARKET WRAP: Indices end flat, Nifty settles at 10,934; Hero MotoCorp up 3%

All that happened in markets today

Jubilant FoodWorks slips 5% after being fined for not passing on GST relief

The stock slipped 5 per cent to Rs 1,321 on the BSE in intra-day trade on Tuesday.

MSCI's new methodology may trigger $850 mn outflow from equities

At the stock level, three companies - GAIL, ITC and L&T would account for almost two-thirds of the likely outflows

Bharti Airtel falls 4% after Moody's downgrades rating to Ba1

The stock dipped 4% to Rs 293, close to its 52-week low of Rs 277 touched on October 22, 2018, on BSE in the intra-day trade.

Indraprastha Gas hits 6-month high ahead of December quarter earnings

The stock was up 3% to Rs 301, outperforming the market by surging 16% in past three months, as compared to a 2% gain in S&P BSE Sensex.

Rupee opens 10 paise higher against US dollar

The domestic unit on Monday dropped by 55 paise to close at 71.80 to the US dollar, the lowest level since December 17.

ZEE Group, Coal India, BHEL and GAIL among top stocks to track today

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