Page 2792 - Markets News
HUL joins Rs 4 trillion market cap league, stock hits new high
Since October 12, 2018, post Q2FY19 results, the stock of HUL has outperformed the market by surging 21%, against 5.4% rise in the Nifty50 index.
 "HUL joins Rs 4 trillion market cap league, stock hits new high")
Sun Pharma hits lowest level since April 2013; falls 33% from 52-week high
The stock hit an over five-year low of Rs 433, down 2%, falling 12% in three days, even though the company made a clarification related to corporate governance and whistleblower issues.
 "Sun Pharma hits lowest level since April 2013; falls 33% from 52-week high")
Financials trade weak post RBI policy; DHFL, Reliance Capital down over 5%
Reliance Capital, DHFL, IDFC, Equitas Holdings, Can Fin Home Finance, M&M Financial Services and Ujjivan Financial Services were down in the range of 5% to 7% on the BSE.
 "Financials trade weak post RBI policy; DHFL, Reliance Capital down over 5%")
Chart Check: How to trade banking stocks ahead of RBI policy
The Nifty Bank is witnessing higher volatility ahead of Monetary Policy announcement by the Reserve Bank of India (RBI) later today.
 "Chart Check: How to trade banking stocks ahead of RBI policy")
Gold prices retreat from over five-week highs as dollar crawls up
Spot gold was down 0.3% at $1,234.71 per ounce as of 0422 GMT, after hitting its highest since Oct. 26 at $1,241.86 an ounce in the previous session
 "Gold prices retreat from over five-week highs as dollar crawls up")
Metal stocks under pressure; JSPL, SAIL, Prakash Industries hit 52-week low
JSPL, SAIL, Hindalco Industries, Vedanta, NMDC, JSW Steel, National Aluminum, Coal India and Tata Steel from the Nifty Metal index were down in the range of 3% to 6% on the NSE.
 "Metal stocks under pressure; JSPL, SAIL, Prakash Industries hit 52-week low")
Auto stocks skid ahead of RBI policy outcome, Nifty Auto index slips 1.6%
The Nifty Auto index fell as much as 1.64 per cent to 9061 level so far in intra-day trade, weighed by shares of Bharat Forge, Tata Motors and Ashok Leyland
 "Auto stocks skid ahead of RBI policy outcome, Nifty Auto index slips 1.6%")
Bharat Forge hits 52-week low; stock falls 9%
The stock slipped 9.5% to Rs 526, its lowest level since May 24, 2017.
 "Bharat Forge hits 52-week low; stock falls 9%")
Kesoram Industries slides 8% on profit booking as co hives off tyre biz
Since November 13, post-September quarter results (Q2FY19), the stock has climbed 61 per cent from Rs 60 to Rs 97 (as of Tuesday's close) against 2.8 per cent rise in the S&P BSE Sensex
 "Kesoram Industries slides 8% on profit booking as co hives off tyre biz")
S&P cuts Tata Motors credit rating on weak JLR profit, stock falls 3%
Shares of Tata Motors fell as much as 3.15 per cent to Rs 170.15 apiece in early trade on BSE after S&P Global Ratings lowered the credit rating of Tata Motors and JLR
 "S&P cuts Tata Motors credit rating on weak JLR profit, stock falls 3%")
Rupee continues decline, opens 15 paise lower at 70.64
The domestic unit on Tuesday slipped further by 3 paise to close at 70.49 due to increased demand for the American currency from importers and firming global crude oil prices.
 "Rupee continues decline, opens 15 paise lower at 70.64")
Kesoram Industries, Tata Motors and Lupin among top stocks to track
Here's a look at the top stocks that may remain in focus today -
 "Kesoram Industries, Tata Motors and Lupin among top stocks to track")
Sudhir Valia's Sun Pharma stake helps ARC, realty business raise debt
MFs take exposure to realty arm; guarantee by investment entity gives top rating
 "Sudhir Valia's Sun Pharma stake helps ARC, realty business raise debt")
The first book about a stock market is being auctioned online for $300,000
Joseph Penso de la Vega wrote the book in Spanish and described the mechanics of the exchange as primer for the Amsterdam stock exchange
 "The first book about a stock market is being auctioned online for $300,000")
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.
 "Nifty outlook and top trading ideas by Prabhudas Lilladher for today")
HUL presents good opportunity to GSK shareholders; to add value in long run
Presence of latter in fast-growing segments to add value in long run
 "HUL presents good opportunity to GSK shareholders; to add value in long run")
Sensex, Nifty log 1st fall in 7 sessions; pharma, financials mar streak
HDFC twins were the other major laggards in the 30-share index.
 "Sensex, Nifty log 1st fall in 7 sessions; pharma, financials mar streak")
Focus to be back on fundamentals once poll season is over: Krishna Sanghavi
Indian investors and financial advisors have, over the years, changed their outlook towards equity assets in terms of the time horizon.
 "Focus to be back on fundamentals once poll season is over: Krishna Sanghavi")
Ashok Leyland could be worst affected as brokerages lower M&HCV estimates
If the pressure on M&HCV continues, analysts are expected to revise their volume and earnings estimates downwards for the current year
 "Ashok Leyland could be worst affected as brokerages lower M&HCV estimates")
From Jefferies to Edelweiss, here's how brokerages interpret HUL-GSK deal
Here is a quick look at how various brokerages interpret the contours of the HUL-GSK Consumer deal and its impact on the other players in the FMCG space
 "From Jefferies to Edelweiss, here's how brokerages interpret HUL-GSK deal")