Page 2858 - Markets News

Market rebounds from 6-month low; Sensex, Nifty end over 1% higher

Investor sentiment also got a boost after the rupee gained for the first time in seven days against the dollar and bond yields continued to retreat

S&P tumbles 3% as US yields soar, investors shun risk; Dow falls 831 points

Investors worried about the impact of trade tensions on corporate profits and Hurricane Michael's landfall in Florida adding to the uncertainty

Ashapura Intimates stock in free fall even as company's MD goes missing

IIFL group owns 30% in the firm after transferring pledged shares

Market falls trigger different behaviour among investors

The committed long investors will make money 2 or 3 years down the road as they reduce their acquisition prices

Investors should use rallies to exit weaker NBFC stocks, say experts

Bajaj Finance, HDFC most preferred; analysts favour shift to high-quality banks

Strong growth in base biz powers Zee Entertainment's show in Sep quarter

Despite pressure, margins much ahead of estimates

IT stocks have given blockbuster returns over past year: Should you invest?

Strong economic growth in the US means that the discretionary spending of US corporates on information technology will be strong

Customer additions to support Bandhan Bank's near-term growth; stock up 6%

Net interest income in Q2 surged 55%; profit jumped 47%

Sebi restrains broker from liquidating DHFL shares after Rs 2-bn default

Regulatory authorities suspect similar defaults at a few other brokerages that were dealing in shares of Indiabulls Ventures and Infibeam Avenues

ESAF Small Finance Bank raises Rs 4.64 bn via private placement of shares

With the infusion of additional capital, the net worth of the bank has increased to Rs 8.07 billion

Investor wealth soars over Rs 3 trn as equity market makes strong recovery

The rupee recovered by 34 paise to 74.05 (intra-day) against the dollar at the forex market on Wednesday

Despite rate hike forecasts, rupee rebound unlikely in coming year: Poll

Reserve Bank of India recently surprised by keeping its policy unchanged and said it was not targeting any currency level

Sensex, Nifty end over 1% higher; key factors that led to mkt rally today

The 30-share index Sensex of BSE rallied 461 points or 1.35 per cent to settle at 34,761 while NSE's Nifty50 index reclaimed the crucial 10,450 level to shut shop at 10,460, up 159 points.

Garden Reach Shipbuilders makes a weak debut, settles 13% below issue price

The stock had touched a high of Rs 109 and a low of Rs 95 on both BSE and NSE during the day.

MARKET WRAP: Sensex rallies 461 points led by banks; Adani Power jumps 25%

Catch all live market action here

Bandhan Bank gains over 7% post Q2 results

The stock moved higher by 7.5% to Rs 521 on the BSE in intra-day trade after the bank reported 47% year on year jump in net profit at Rs 4.88 billion in Q2FY19.

Q2 earnings might have little to cheer due to high input costs, rupee fall

Net profit of Nifty 50 companies, excluding energy and financials, estimated to inch up by 2.9% vs 11.2% in Q1

Q2FY19 preview: IT firms to report higher sequential EBIT margin on Re fall

The top five IT firms are likely to post 1 per cent to +2 per cent QoQ growth in US dollar revenue (0.5 per cent - 3.3 per cent QoQ in CC terms), with TCS likely to lead the pack.

YES Bank, DHFL, Goa Carbon, Philips Carbon gain over 40% from 52-week lows

YES Bank was up 5% to Rs 236, extending its past two days 9% gain, while Goa Carbon soared 19% to Rs 659, zooming 65% from its yesterday's 52-week low price of Rs 400 on the BSE.

IT stocks underperform; TCS, Infosys slip 3% each

The Nifty IT index was trading 1.75 per cent lower at 15,100, with 5 constituents in the green and rest five in the red.