Page 2794 - Markets News

Stocks fluctuate as oil, state Assembly elections offset trade truce cheer

FIIs were net buyers to the tune of Rs 2.93 billion, while domestic investors pulled out Rs 8 billion

After a choppy CY18 so far, will markets see Santa Claus rally in December?

While analysts agree outlook for equities as an asset class remains strong, the markets may not see a runaway rally from here on in the near - term

Limited impact of Qatar's withdrawal from Opec, say analysts

While Qatar is one of Opec's smallest oil producers, when compared to the likes of the cartel's de facto leader Saudi Arabia, it is one of the world's largest producers of liquefied natural gas (LNG)

Sebi brings in confidentiality in settlements, gets tough on defaulters

The regulator will not settle cases involving wilful defaulters, fugitive economic offenders and those having defaulted in payment of fees or penalty imposed under securities laws

Sun Pharma slips 8% as Sebi starts probe; may reopen insider trading case

The stock settled 8% lower at Rs 455 on the BSE on reports that the market regulator Sebi has initiated an inquiry into the affairs of pharma major on the basis of a whistle-blower complaint.

Shankara Building ends at 20-month low; tanks 43% in a month on weak Q2 nos

Shankara Building settled 10% lower at Rs 626, its lowest level since April 6, 2017, on the BSE, over concerns of margin pressure for the next couple of quarters.

MARKET: Indices end flat, Sun Pharma dips 7%, GSK Consumer, HUL in focus

In sectoral indices, the Nifty Metal index ended 2 per cent higher led by a rise in Jindal Steel & Power and Vedanta

PSU banks in focus; Bank of India, PNB, Bank of Baroda up over 2%

Oriental Bank of Commerce, Bank of India, Union Bank of India, Bank of India, Punjab National Bank, Bank of Baroda and Canara Bank up 2% to 5% on NSE.

Tata Power, Adani Power gain as Guj to raise tariffs of coal-based plants

Tata Power and Adani Power rallied up to 7% on BSE on reports that the Gujarat government decided to increase tariffs of three coal-based power plants.

Apollo Hospitals hits 52-week high; stock up 5%

The stock hits 52-week high of Rs 1,324, up 5%, rallied 43%, as compared to 3% rise in the S&P BSE Sensex during past six months.

Metal stocks up on Sino-US trade truce; Jindal Steel, Hindalco top gainers

The Nifty Metal index was the top sectoral gainer on NSE, with 14 constituents trading in the green and 1 in the red.

Sector Watch: Nifty Pharma index slips up to 3% dragged by Sun Pharma

Nifty Pharma index emerged as the top sectoral loser on NSE in the morning deals on Monday, weighed down by the shares of Sun Pharmaceutical Industries, which slumped as much as 10 per cent.

Ashok Leyland falls 4% as November auto sales decline

The stock dipped 4% to Rs 107 on the BSE, close to its 52-week low of Rs 103 after the commercial vehicle major registered a 9% decline in auto sales in November.

Rupee halts 4-day winning streak, back to 70/$ as crude oil surges

The domestic currency on Friday strengthened by 27 paise to close at a four-month high of 69.58 against the greenback.

Stocks to watch: Auto, aviation stocks, Monte Carlo & Sun Pharma to track

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

Buy Hexaware Tech for a Target of Rs 380, SL of Rs 305: Prabhudas Lilladher

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

Yields soften, but companies hold back bond plans over IL&FS overhang

Companies wait on their bond plans as credit spread refuses to come down

Investors are looking for value in emerging markets: Cameron Brandt

Flows to India equity funds have picked up a bit recently, reflecting hopes that lower energy costs will improve the outlook for interest rates, public finances and disposable income, says Brandt

FIIs invested nearly Rs 64 billion in November, the highest since March

The reversal of foreign flows comes after two months of heavy sell-off amid surging US bond yields and dollar

Street signs: Nifty to test 11k levels, faith in Shankara revives, and more

Experts say the Nifty can now move to 11,000-11,176 levels, if it stays above 10,777