Page 2747 - Markets News

No cause for concern despite HDFC's below-par show; stock falls 1.5%

Housing loan demand remains strong, asset quality under control with healthy provisioning in place

Despite tough operating climate, Bajaj Finance's Q3 net profit jumps 54%

With concerns on funding costs put to rest, Bajaj Finance stocks rose over 2 per cent on Tuesday

Promoters of BSE 500 firms raise number of pledged shares by 23% in 2018

Analysts say the rise in pledged shares is on account of the recent decline in the broader market even as the large-cap or index stocks have held their ground

K Raheja Corp's Chalet Hotels IPO subscribed 7% on Day 1 of bidding

The bidding will close on January 31, 2019.

Banks manage reward points costs with hike in slabs, explicit cuts

However, banks are managing these costs closely through a hike in slabs and some explicit cuts.

Easier norms for foreign players to up competition in reinsurance market

The sector has seen the entry of nine foreign players as well as a domestic private sector company

PNB fraud: A year later, big blind spot on India's biggest banking whodunit

While RBI's supervisory bureaucracy was blindsided on PNB, it gave the sense of having put sound systems in place

Banking and PSU debt funds are the best alternative to bank fixed deposits

Their annual returns are slightly over 8% and can be a good choice for risk-averse investors

Mid, small-cap indices tank 7% in January; analysts see more pain ahead

Earlier, in September 2018, both these indices had tanked 12.5 per cent and 16 per cent respectively

MARKET WRAP: Sensex ends 64 pts lower at 35,593, DHFL dips 6%; BoI jumps 8%

The S&P BSE Sensex lost 64 points or 0.18 per cent to close at 35,593 while NSE's Nifty50 index ended above 10,650 level at 10,652, down 9 points or 0.088 per cent.

PSU banks gain; Bank of India rebounds 15% from day's low

Canara Bank, Vijaya Bank, Oriental Bank of Commerce, Allahabad Bank, Bank of Baroda, Indian Bank and Union Bank of India were up 2% to 4%.

YES Bank extends fall; stock down 11% in two days

The stock was down 5% to Rs 196 on Tuesday, falling 11% in past days from Friday's closing level of Rs 220 on the BSE.

Praj Industries rallies 17% on strong Q3 results

The stock surged 17 per cent to Rs 132 after the company reported net profit of Rs 22.43 crore in Q3FY19 against Rs 7.52 crore in the year-ago quarter.

Volatile Zee shares cast a shadow on MFs' loan-against-shares play

Experts say instances of lower share cover can backfire for fund houses as markets remain in a bearish phase

Escorts skids 6% on lower volume growth guidance for tractor industry

The stock was down 6% to Rs 634, falling 16% in past two weeks, as compared to 2% decline in the S&P BSE Sensex.

Pre-market: Quiet opening on cards, Asian markets flat

Pre-market: Quiet opening on cards, Asian markets flat

ONGC share buyback opens today. Should you tender your shares?

On business front, ONGC's Q2FY19 result was above market expectation with net realisations at US$73.1/bbl with nil subsidy burden

Global cues, Q3 earnings and FOMC meet to steer market today

Fresh tensions between the US and China, Fed monetary policy meeting and movement of crude oil prices are some of the major factors that are likely to guide domestic stocks on Tuesday.

Top trading calls by Anand Rathi: Buy TCS, sell IndusInd Bank

Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.

Input cost pressure hits UltraTech Cement's operating performance

With improving per tonne profitability, Shree Cement scored over UltraTech