Page 2790 - Markets News

HCL Technologies: Street is concerned about scaling up of inorganic biz

The Street is concerned about execution and management bandwidth to drive the product business, incremental investments required to expand the business, and the sales potential

Sebi asks market infra entities to set up a cyber security operation centre

Sebi said MIIs can choose from one of the four models to set up their cyber security operation centre

Chart Reading: 75% of BSE500 stocks trading below 200-DMA

Few stocks are yet to catch up 200-DMA, however, they are showing positive momentum on technical charts.

MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

Among sectoral indices, the Nifty Bank index rose 1.5 per cent led by a rise in ICICI Bank and HDFC Bank. The Nifty Auto index, too, rose 0.9 per cent led by Bajaj Auto and Maruti Suzuki.

Navkar Corporation hits record low; stock tanks 26% in two days

The stock hit an all-time low of Rs 41.35, down 17% on Friday, falling 26% in past two trading days on BSE.

HCL Tech to acquire select IBM software products for $1.8 bn; stock down 7%

The stock dipped 7% to Rs 943 on BSE on Friday after the company said it will acquire select IBM software products for $1.8 billion (approximately Rs 127 billion) in an all-cash deal.

Maruti Suzuki's Q3 margins to be hit by sluggish demand, higher costs

Automaker is expected to report year-on-year fall in volumes in December, adding pressure to the stock

Gold loan stocks in focus; Muthoot Fin, Manappuram Fin gain up to 15%

Muthoot Finance surged 15% to Rs 478 on Friday, erasing its entire Thursday's 7% fall, Manappuram Finance rallied 7% to Rs 85 on BSE on back of heavy volumes.

Coal India, SAIL, Oil India, BHEL, Reliance Capital hit 52-week lows

Tata Motors, Balkrishna Ind, Deepak Fertilisers, HSIL, Jindal Stainless, Navkar Corp, Quess Corp, SPARC and Sundaram Clayton were among 20 stocks from the BSE500 index hitting 52-week lows today.

PFC slips 5% following Cabinet nod on merger with REC

The government has a total 58.3% stake in REC, the remainder of which is part of Bharat 22 ETF and CPSE ETF. The move will help the Centre meet its disinvestment target of Rs 800 billion for FY19

Jet Airways climbs 3% on reports Etihad will guarantee loans worth $150 mn

Shares of Jet Airways rose as much as 3.59 per cent in the early trade on BSE, after news reports suggested Etihad Airways of Abu Dhabi has offered to guarantee loans worth $150 million.

Rupee recovers, opens 35 paise higher against US dollar

Rating agency Fitch on Thursday said it expects the rupee to weaken to 75 against the US dollar by the middle of next year due to a widening CAD and tighter global financing conditions.

HCL Tech, PFC & REC, CIL and agri commodity-linked stocks to watch out for

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

Nifty outlook and top trading ideas by Prabhudas Lilladher for today

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

Global markets tumble on Huawei CFO arrest; Sensex ends 1.6% lower

Major global markets tumbled about 2% or more, while Brent crude prices fell over 4% to trade below $60 a barrel

Bond yields soften, volumes jump after RBI signals more debt purchases

The benchmark yield slid to a new eight-month low of 7.42% as against previous day's close of 7.44

Uniparts India files draft IPO papers with markets regulator Sebi

Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets will manage the company's public issue

Elections, global events to decide market direction

The MPC forecasts inflation to remain subdued and sees some downside risks to growth

Today's picks: From Coal India to Maruti Suzuki, hot stocks to watch on Fri

Nifty, Bank Nifty, Coal India, Maruti Suzuki

LIC Housing Finance remains the top pick despite persisting issues

Share of developer loans is lower than that of other HFCs, while that of retail loans stands at 80%