Page 2853 - Markets News

Q2 Earnings of Wipro, Airtel; rupee, oil to drive stock markets this week

HCL Tech, Bajaj Auto, Kotak Mahindra Bank and BHEL are among the other companies slated to announce their quarterly numbers this week

Stock market falls as NBFCs take a beating; RIL, HDFC, Infosys stocks down

Foreign portfolio investors sold shares worth Rs 6.2 billion. Even domestic institutional investors turned marginal sellers on Friday

IFC launches $1 billion masala bond programme in the US and Europe

First tranche opens on LSE; Centre, RBI had taken steps to promote such bonds to shore up rupee value

Vanguard Group sees opportunity for EM currencies as dollar extends rise

The rupee and Indonesia's rupiah are the worst currencies in Asia this year, weighed by concerns over fiscal deficits and inflation

Insiders using 'front entities' will be subject to more scrutiny by Sebi

Financial checks, new affordability index on the cards to check malpractices

Cost pressures intensify for UltraTech in Q2, analysts foresee price hike

Realisation improvement remains crucial for profitability, which is expected post festive season

Rupee recovers early losses; jumps 29 paise against US dollar to 73.32

Traders said the selling of the US currency by exporters and foreign fund inflows were the other factors that provided support to the home unit

Sebi restricts borrowing, lending shares while keeping insider information

Securities lending and borrowing (SLB) allows short sellers to borrow securities for making deliveries

YES Bank slips 8% after RBI rejects request to extend Rana Kapoor's term

The RBI said that a successor to Kapoor should be appointed by February 1, 2019. Kapoor's tenure was cut short by an order issued by the RBI recently.

MARKET WRAP: Sensex slides 464 points; NBFCs plunge, India VIX surges 11%

Catch all the live market action here

IT shares trade weak; TCS hits 3-mth low, Infosys, HCL Tech down 4% each

Mindtree, Sonata Software, Mphasis, Trigyn Technologies, Larsen & Toubro Infotech, Hexaware Technologies and Mastek were down in the range of 4% to 15%.

Adani Enterprises extends gain in a weak market; up 21% in 5 days

Adani Enterprises and French energy giant Total SA Wednesday announced a partnership to develop liquefied natural gas import terminals and fuel retailing network in India.

Look out for the headwinds before investing in beaten down sectors

Investors have to be watchful, as headwinds such as weak consumer sentiment, rising crude oil prices, a falling rupee and higher interest rates continue to be major bugbears

NBFCs fall; DHFL, Indiabulls Housing, PNB Housing tank over 40% in a month

Indiabulls Housing, PNB Housing, IIFL Holdings, Bandhan Bank and Repco Home Finance down over 10% each today, hitting their respective 52-week lows on the BSE.

Reliance Industries falls 7% post Q2 results

The stock dipped 7% to Rs 1,073 on the BSE in early morning trade after a mixed bag results for the quarter ended September 2018

Mindtree tanks 18% on revenue miss, cautious outlook; analysts mixed

In dollar terms, Mindtree posted $246.4 million in revenues, a growth of 19.5 per cent y-o-y and two per cent sequentially.

Cement shares trade weak; ACC falls 8%, Shree Cement hits 52-week low

Shares of cement companies were under pressure falling by up to 8% on the BSE in intra-day trade after the ACC reported lower than expected operating performance for the quarter ended September 2018.

Sebi, staffers at odds over transfers, promotions and external appointments

Employees allege breach of transfer policy, accuses HR of non-transparency; protests to resume on October 22

Rupee fall, Kerala floods hit auto cos; sector loses 20% in m-cap since Aug

Floods in Kerala, for example will have most impact on Maruti and Eicher Motors as over a tenth of sales for each comes from this state

Stock calls by Tradebulls Securities: Buy M&M, Aurobindo Pharma

Nifty outlook and top trading ideas from Sacchitanand Uttekar, DVP- Technical (Equity), Tradebulls Securities.