Page 2836 - Markets News

PSBs extend gain; Union Bank, Indian Bank up over 8%

Nifty PSU Bank index was up 4% at 2,890 at 12:15 PM; surging 12% in past two trading days, as compared to a 2% rise in the Nifty 50 index.

Select stocks excluded from ASM list surge; Kiri Ind, Bombay Dyeing up 10%

Jindal Worldwide, Emami Infra, Dhampur Sugar, Bombay Dyeing & Manufacturing, TVS Electronics and Manpasand Beverages have locked in their respective upper limit of circuit filter.

Sensex in Jekyll and Hyde mode as investors weigh outcomes of state polls

The S&P BSE Sensex swung between gains and losses to fall 0.2 per cent to 34,014.17 as of 9:44 a.m. in Mumbai

Sugar stocks gain as ISMA lowers production estimate for 2018-19 season

Dhampur Sugar, Balrampur Chini, Dalmia Bharat Sugar, Uttam Sugar, Triveni Engineering & Industries, Dwarikesh Sugar and Thiru Arooran were up 3% to 10% on the BSE.

LIC Housing Fin Q2 PAT up 12% to Rs 5.73 bn, loan portfolio up 10%

The company recorded a strong growth in the affordable segment both in value and volume terms and continues to enjoy comfortable liquidity position

Market can get worse before it gets better

Corporate results indicate that consumption may be softer than hoped-for and analysts are predicting downgrades for second-half earnings

Banking shares lift markets from 7-month low; ICICI Bank rises nearly 11%

A Rs 400-billion bond-purchase announcement by the Reserve Bank of India (RBI) helped ease liquidity concerns

Lot of triggers for volatility, prefer stability of large-caps: ICICI MF MD

With a weakening rupee and a high current account deficit, export-oriented sectors look attractive, says Nimesh Shah

Buying, selling Paytm Gold is convenient, but is it worth investing in?

The company has partnered with gold refiner MMTC-PAMP for Paytm Gold

Derivatives strategies: Markets rebound but indicators remain weak

The major indices are all trading below their respective 200-day moving averages (200-DMA)

Amid weak sentiment, LIC HF Q2 soothes nerves by beating estimates

PAT up 12% to Rs 5.73 bn in the quarter; bad loans stable

Today's picks: Bharti Airtel to Tata Steel, hot stocks to watch on Tuesday

Nifty, Bank Nifty, Bharti Airtel, Tata Steel , Larsen & Toubro

Investors should await clarity as Colgate reels under competitive pressure

While topline grew by 8% and net profit by 11% in Q2, margin expansion was muted despite benign input costs

Biocon: Biosimilar launches prop up Q2 show; healthy returns seen in future

The strong momentum is likely to continue, led by biosimilars and steady show of other segments

ICICI Bank stock surges 11% after a strong second quarter, Street bullish

Stock soars 11% post strong Q2; analysts say improving asset quality and rising share of low-cost deposits enhance earnings potential

Pledged holdings fall to Rs 2.12 trillion in Q2: Edelweiss Securities

Analysts at Edelweiss say the high share pledging is not only the risk for promoters but also to non-banking finance companies (NBFCs) that lend money with shares as collateral

Investor wealth soars over Rs 3 trillion as Sensex surges 718 points

On BSE, 1,815 stocks advanced, while 775 declined and 163 remained unchanged

4 factors that fuelled Sensex's 700-point rally today

Broader market, too, participated in the rally with the S&P BSE MidCap and Small-Cap indices gaining 2.80 per cent and 2.06 per cent, respectively.

Pain in aviation pack likely to continue; IndiGo remains top analysts' pick

On Wednesday, InterGlobe Aviation, which runs India's largest budget airline IndiGo, reported its first-ever quarterly loss of Rs 6.52 billion since its listing in November 2015.

PCA rejig hope: Nifty PSU Bank index up 8 %; OBC, Canara Bank rally 13%

SBI, Bank of India, Indian Bank, Union Bank, Oriental Bank of Commerce, Bank of India, Union Bank of India, Punjab National Bank, Bank of Baroda and Syndicate Bank were up in the range of 6% to 12%.