Page 2802 - Markets News

Coal India: Earnings momentum gaining pace on high realisations

Rising coal production and prices should help deliver strong profit growth though Q2 numbers missed estimates

Fundraising through rights issue hits 10-year high, QIPs see a fall

Nearly Rs 180 billion mopped up this year, 2.7 times last year's tally; spike in market volatility a key reason

Zee Entertainment promoters plan to sell up to 50% holding worth Rs 87.5 bn

Essel has decided to appoint Goldman Sachs Securities (India) Ltd as their investment banker and US and European based LionTree as an international strategic advisor for this exercise

MARKET WRAP: Sensex jumps 332 pts; Allahabad Bank tanks 10% on weak Q2 no

The S&P BSE Sensex gained 332 points or 1 per cent to settle at 35,144 while NSE's Nifty50 index gained 100 points or 1 per cent to close at 10,583.

This MP Birla Group stock zooms over 100% in four months

The stock hit a new high of Rs 1,918, up 8% on Tuesday in intra-day trade, after the company reported net profit of Rs 557 million in September quarter against Rs 214 million in the year-ago period.

Union Bank to raise Rs 6 bn by issuing shares to staff under ESPS

The proposal was approved in a board meeting Monday, the bank said in a regulatory filing

Allahabad Bank tumbles 15% on weak Q2 results

The stock tanked 15 per cent to Rs 35.40, trading close to its 52-week low of Rs 33.25 touched on October 9, 2018, in the intra-day trade on the BSE.

Aurobindo Pharma slips 4% post Q2 nos; Credit Suisse, Citi remain bullish

The company reported a 21.7 per cent decline in net profit at Rs 6.11 billion for the quarter ended September 2018, owing to rise in costs.

Radico Khaitan extends rally on strong Q2 results; soars 28% in 4 weeks

The stock rallied 6.5% to Rs 436 on the BSE on the back of heavy volumes.

Bank of India falls 8% on weak Q2 results

The stock slipped 8% to Rs 80.50 on Tuesday, extending its Monday's 5% decline on the BSE, after the state-owned bank reported a net loss of Rs 11.56 billion in Q2FY19.

Oil India gains 3% post Q2 results, share buyback plan

The stock was up 3% at Rs 205 on the BSE in early morning trade.

Jet Airways, Tata Steel and Sun Pharma among top stocks to track today

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

Top trading calls by Anand Rathi: Buy Havells, NIIT Tech

Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research

Mrs Bectors Food, Sansera Engineering get Sebi's go-ahead for IPO

The two companies had filed their draft papers with the regulator in August, seeking its go-ahead to float initial public offerings

Titan reports dip in profit, but investors have reason to keep the faith

Jewellery retailer's exceptional performance is expected to continue in the coming quarters as it scales up and takes further share from unorganised segment.

Derivatives strategies: Strong resistance for Nifty in 10,700-10,800 zone

The major indices are all trading below respective 200 day moving averages (200-DMA) and those could serve as areas of resistance

India's reliance on FII flows reduces; trend seen as positive for economy

FII flows as a percentage of FDI lowest since 2003; trend seen as positive for the economy

Today's picks: From HPCL to Tech Mahindra, hot stocks to watch on Tuesday

For HPCL, keep a stop at Rs 228 and go short

Markets slide on oil, election uncertainty; HDFC, Bajaj Finance stocks fall

The Sensex fell 346 points or 0.98% to end at 34,813, while the Nifty ended at 10,482, down 103 points

Sustaining strong volumes amid high base, input costs crucial for Britannia

In Q2, revenues grew by 12.5% and net profit by 16.1%, led by double-digit volume growth