Page 2791 - Markets News

Sensex, Nifty tumble over 1.50%: Top factors that dragged market lower

Investor sentiment took a major hit following rout in US stock futures and Asian shares after Canadian authorities arrested the chief financial officer (CFO) of Chinese tech giant Huawei.

MSE gets Sebi's approval to launch weekly options on currency products

The move will enable market participants to reduce their cost of hedging significantly

MARKET WRAP: Sensex cracks 572 pts on global sell-off; IT, auto stocks drag

The Nifty IT index fell 2.1 per cent weighed by Infibeam Avenues, Tech Mahindra and Infosys. The Nifty Auto index, too, ended 2.2 per cent lower pulled by Maruti Suzuki and Tata Motors.

Can Jindal Steel, SAIL, NMDC bounce back? Here's what technical charts say

The Nifty Metal index is currently trading below the neckline of 3450 along with 100-day exponential moving average (EMA) at 3345.

Chart Reading: Will Nifty Bank gain or lose strength in today's expiry?

The fall of approximately 500 points on Nifty Bank ranging from 26,644 to the current intra-day levels of 26,160 along with gap down have hurt the trading psyche

Is Nifty IT index the best bet when frontline indices correct?

Wipro's technical chart indicates pressure between Rs 343-Rs 334 levels. The stock in recent past has retraced from the support of 200-day EMA located around Rs 290- Rs 300 levels.

ICICI Lombard nears 52-week high; stock up 14% in a week

The stock was up 2% at Rs 912 on the BSE in an otherwise weak market, trading close to its 52-week high of Rs 936 touched on September 17, 2018, in intra-day trade.

Rupee could slip to 75 against dollar by end-2019 on widening CAD: Fitch

Despite a few recent advances, the rupee is on track for its worst yearly performance in five years in 2018 and a Reuters poll on Wednesday had forecast it to weaken further as uncertainty builds

Amara Raja, Ashok Leyland hit 52-week low; Maruti Suzuki, TVS Motor down 4%

TVS Motor Company, Maruti Suzuki India, Balkrishna Industries, Apollo Tyres, Bharat Forge, Eicher Motors, Ashok Leyland and Tata Motors were down in the range of 1% to 4% today.

Rupee slips further, back to 71/$ after six sessions

Oil prices fell but trading was tepid ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut.

Nifty Metal index hits 17-month low; Vedanta, JSPL at 52-week low

Nifty Metal index was down 2.5% at 3,042, its lowest level since July 10, 2017, falling 6% in past two trading days.

Power Grid, Tata Communications and Sagar Cements among top stocks to watch

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

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.

New retail benchmarks set by RBI likely to hit profitability of banks

Change in lending rate benchmark may not aid loan book growth but increase margin volatility

Bharat Forge stocks reel under demand pressure on sharp fall in truck sales

Sales of heavy trucks in US, India decline in November; commercial vehicles also register a fall locally

A new clause in Mauritius income tax law poses headache to Indian investors

Experts believe the SOP will make it more difficult to obtain a TRC from the Mauritian authorities

Overseas listings of Indian companies decline on shrinking premiums

Increased participation of foreign investors in domestic markets another reason for the drop

MARKET WRAP: Sensex ends 250 pts lower as RBI maintains status quo on rates

The Nifty Metal index settled 3.7 per cent lower weighed by Jindal Steel and Power Hindalco and Tata Steel. Nifty Auto index, too, slipped 2.3 per cent due to a fall in Bharat Forge and Tata Motors

Sebi proposes warehousing norms for non-agri goods to improve delivery

At present, stock exchanges or clearing corporations have prescribed certain storage norms regarding non-agricultural commodities but there is no uniformity in the norms specified by such entities

RBI maintains status quo: Key takeaways from fifth bi-monthly policy meet

In order to align the SLR with the LCR requirement, the MPC decided to reduce the SLR by 25 basis points every calendar quarter until the SLR reaches 18 per cent.