Page 2812 - Markets News

Paper stocks in focus on strong Q2 results; Seshasayee Paper surges 18%

Ballarpur Industries, JK Paper, West Coast Paper, Star Paper Mills and International Paper APPM were up in the range of 5% to 7%.

IndusInd Bank hits 17 month low; Bharat Financial touches 52-week low

IndusInd Bank slipped 5% to Rs 1,376, its lowest level since May 22, 2017, falling 32% from its record high level of Rs 2,038 touched on August 3, 2018.

Investors can either get overwhelmed and panic or hunt for opportunities

The marketmen latched on to the narrative that India did not prosper due to the misdeeds of the past government, but going ahead we should get back on track with the proposed reforms

Dr Reddy's gains 6% post September quarter results

The stock gained 6.5% to Rs 2,559 after the company reported a good operational performance in September quarter, on account of lower R&D, higher other income, financial income, and lower tax.

Divi's Labs surges 14% on strong Q2 results; stock hits record high

The stock surged 14% to Rs 1,433 on the BSE in early morning trade on Monday, after reported a healthy 92% Y-o-Y jumped in net profit at Rs 3.98 billion in September quarter.

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:

Q1 of CY19 will be a good time to buy, says Macquarie's Sandeep Bhatia

'The rupee is now at a level where it should be in terms of purchasing power and inflation differential versus the US'

Modi and rupee's fate in lockstep? $730-bn sovereign bond market is worried

ING Bank NV has lowered its year-end forecast for rupee to 76.50 -- the most bearish in a Bloomberg survey -- citing political uncertainty ahead of state elections in December

Time to buy good businesses

For the short term, gold or gold ETFs would be good options

Corporate earnings: Why FY19 may be 11th straight year of missed estimates

High crude oil prices, interest rate hikes, dearer rupee, and elevated commodity prices to weigh on India Inc's profits

Street signs: PSB investors pin hopes on Q2, Ujjivan stock falls, and more

Traders rolled over their positions to November in PSBs with rollovers of 90% in Allahabad Bank, Bank of Baroda, Oriental Bank and Canara Bank ahead of their earnings

FPIs take a shine to health care and IT services companies in Q2

Among IT stocks, Zensar Technologies (9.7 percentage points), HCL Technologies (1.8 percentage points) and L&T Infotech (1.6 percentage points) saw their holding rise the most in percentage terms

Dr Reddy's stock: Good Q2, positive outlook, drug launches are key triggers

For Q2, DRL's net profit at Rs 5.04 billion, up 77 per cent year-on-year

Outlook for Bharti Airtel remains challenging as ARPU continues to decline

Heightened competition across customer segments, especially from Jio could translate into steepest industry ARPU fall in three years

Reliance Nippon AMC files draft papers for fourth tranche of CPSE ETF

Govt has already appointed ICICI Securities as the advisor for the fourth tranche of CPSE ETF

Govt plans global ETF to tap investment from large overseas pension funds

Govt was planning to list Bharat-22 ETF in the overseas market but decided not to go ahead with it as investors expressed apprehensions over the cost associated with hedging and currency conversion

Q2 results, PMI, fiscal deficit data to drive equity market this week

In the coming week, the direction of flow of foreign funds will assume significance as there have been massive outflows in October

Amid falling rupee, trade war, FPIs have pulled out Rs 356 bn in Oct so far

The latest outflow is higher than Rs 210 bn worth of net withdrawals seen in entire September

Gold hits six-year high of Rs 32,625 per 10g over festive season demands

Besides, a depreciating rupee, that made imports costlier also added to the uptrend in the gold prices

All 50 components of Nifty fell below their 50-day moving average this week

The Nifty on Friday closed at 10,030