Page 2837 - Markets News

Cooperate or face stringent trading curbs: Sebi to suspected shell firms

Independent directors have been mandated to conduct forensic audits for verification of credentials or fundamentals of such companies

MARKET WRAP: Sensex slips 176 pts, Nifty ends at 10,198 as pvt banks weigh

The Nifty Bank index ended 0.6 per cent lower led by a fall in the shares of IndusInd Bank and ICICI Bank. The Nifty Metal index, too, settled 1.1 per cent lower weighed by Coal India.

Symphony falls 9% on disappointing Q2 results

The stock slipped 9% to Rs 871 on the BSE in intra-day trade after the company reported a 38% YoY decline in consolidated net profit at Rs 310 million in September quarter.

'Recession fear' has made a comeback and gold is benefiting, says Goldman

Bullion is heading for the first monthly gain in seven after equities slumped and trade-war concerns festered, hurting the outlook for growth

Domino's to offer Pepsi, Mountain Dew, Mirinda across outlets in India

Domino's has announced PepsiCo will be its new beverage partner

CESC trades ex-date for demerger; stock gain 5%

CESC transferred the retail undertaking business into RP- SG Retail and of the IT undertaking into RP- SG Business Process Services.

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