Page 2751 - Markets News

Oil prices edge up as investors latch on to Opec cuts, supply outlook

Global equities fell after data pointed to a slowdown in Chinese economic growth in 2018 to a 28-year low

L&T stock stands unscathed after Sebi rejects Rs 9,000-cr share buyback

After the buyback, the company's consolidated debt would have been more than twice that of the paid-up capital and free reserves, higher than Sebi's mandated level

Derivatives strategies: Nifty level above 11,000 needed for bullish trend

The Nifty hit its all-time high of 11,760 in late August and it retracted to a low of 10,005

Metal price movement remains key factor for Hind Zinc's future performance

The company has seen softness in the first half of FY19 in terms of production volumes

Today's picks: From Coal India to Infosys, hot stocks to watch on Tuesday

Nifty, Nifty Bank, Bajaj Finserv, Coal India and Infosys

Grasim Industries plans to foray into menswear segment with liva fibre

Birla Cellulose has recently unveiled a new eco-friendly variant called Liva fabric i.e. Livaeco

RBI reluctant to change FPI portfolio limits introduced last year

FPIs had felt the restrictions were too onerous and difficult to monitor, and wanted these to be done away with altogether

With major deal wins, L&T Infotech expected to beat peers in the near term

Its premium valuations are, however, expected to sustain

Margin-led growth likely from FY19 for P&G Hygiene Healthcare

Stock trading at over 50x FY20 earnings estimates; this limits the upside for investors

HDFC MF guidance signals revenue fall after Sebi diktat; Q3 net up 25%

In December quarter, the fund house saw its net profit jump 25% on a year-on-year basis to Rs 243 crore

Canara Bank to sell stake in Small Industries Development Bank of India

Canara Bank has invited bids at a floor price of Rs 225 per share, according to the Request for the Proposal floated by the bank

IDBI Bank shares tumble over 3% after 51% stake acquisition by LIC

In August last year, the Cabinet approved the acquisition of controlling stake by LIC as a promoter in the bank through a combination of preferential allotment and open offer of equity

L&T shares shrug off buyback rejection; shares end marginally lower

Sebi's cancellation of buyback was on account of difference in interpretation of the law, said company sources and analysts

MARKET WRAP: Sensex up 192 pts, Nifty ends at 10,962 led by RIL, Sun Pharma

The Nifty Pharma index was the top gainer, rising 0.52 per cent higher led by Sun Pharmaceutical Industries and Biocon. The Nifty IT index, too, rose 0.49 per cent higher led by Infosys and NIIT Tech

Reliance Industries gains 9% in two days post December quarter results

The stock was quoting 4.4 per cent higher at Rs 1,237, gaining 9 per cent in the past two trading days on BSE.

Union Bank declines 5% post Q3 results announcement

Net NPAs came in at 8.27 per cent against 8.42 per cent in the September quarter. In the year-ago quarter, numbers stood at 6.96 per cent.

ICICI Securities hits new low; falls 19% in one week on weak Q3 results

The stock was down for the fifth straight trading day, at Rs 223, down 2 per cent on Monday, its lowest level since listing on April 4, 2018.

Chart Check: What's next for L&T and Sun Pharma as per technical charts

Here's a look at what technical charts indicate for the two buzzing stocks - L&T and Sun Pharma -

HDFC Bank nears record high on Q3 earnings; analysts bullish on the stock

The stock hit its highest level since August 1, 2018, of Rs 2,165, was trading close to its record high level of Rs 2,219 touched on July 18, 2018, on BSE in the intra-day trade.

ITI surges 10% on purchase order of Rs 1,011 crores from GFGNL

The stock surged 10 per cent to Rs 115 on the BSE in early morning trade after the company announced it has received order worth of Rs 1,011 crore from Gujarat Fibre Grid Network Limited.