Page 2876 - Markets News

7 of top 10 most valued cos add Rs 762 bn in m-cap, HDFC biggest gainer

The seven firms Tata Consultancy Services (TCS), HDFC Bank, ITC, HDFC, Infosys, SBI and Kotak Mahindra Bank saw rise in their valuation

India Inc's foreign borrowing rises 74% to $3.5 billion in July

Of the total borrowings (ECB), $1.75 billion was raised through automatic route and rest from approval route of the ECB

Foreign investors remain bullish on India, infuse Rs 51-bn in August

Overall, so far this year, overseas investors have pulled nearly Rs 24 billion from equities and close to Rs 380 billion from the debt markets

Market wrap: Rupee breaches 71 a dollar, Sensex, Nifty at all-time highs

Sensex rallied 393.27 points to close at 38645.07, while the broader Nifty rose 123.40 point to finish at 11,680.50

Tomato prices fall to Rs 2 per kg; farmers unable to recover transport cost

Farmers irked, say they are unable to recover even transport cost

Uncertainty over Rana Kapoor's reappointment is 'big negative' for YES Bank

Analysts at Macquarie suggest that anything short of a full three-year term for Kapoor will be taken negatively by investors

Amfi issues guidelines for cyber security and privacy of user data

Markets regulator Securities and Exchange Board of India (Sebi) had in the past directed the players to follow the 'best practices' guidelines laid down by Amfi

A fall in Indian stock mkt will be a buying opportunity: CLSA's Chris Wood

Besides India, which Wood believes is a 'buy on dips market', he finds Pakistan's equity market as an attractive investment destination

TCS regains its status as India's most valued firm by market cap

At close of trade on Friday, the market capitalisation (m-cap) of TCS stood at Rs 7956.5 billion, which is Rs 91.83 billion more than that of RIL

Rupee falls 26 paise to hit record low; breaches 71-mark for first time

Growing fears about rising inflation in amid high global crude oil prices and consistent outflow of foreign funds from the domestic equity market also weighed on the domestic currency

MARKET WRAP: Sensex slips 45 pts, RIL falls 2.75%; Rupee hits all-time low

Among sectoral indices, the Nifty Pharma index rose 2.7 per cent led by a rise in Lupin and Dr. Reddy's Laboratories. The Nifty IT index, too, settled 1.8 per cent higher.

L&T hits over two-month high; stock up 11% in two weeks

The stock was up 2% at Rs 1,374 on the BSE, its highest level since June 4, 2018.

Nifty Pharma index set to post sharpest monthly rally in 9 years

Nifty Pharma index hit a fresh 52-week high of 10,390 in intra-day on Friday, rallying 13% thus far in the month of August, its sharpest monthly gain since September 2009.

IT indices hit new high on weak rupee; TCS, Infosys hit fresh highs

Thus far in the calendar year 2018, Nifty IT index rallied 35% against 12% rise in the Nifty 50 index.

Rupee slumps to 71-mark first time ever, drops 26 paise against US dollar

Forex dealers said besides robust month-end demand for the American currency from oil importers, dollar's strength against its rival currencies on expectations of rising interest rates amid lingering

YES Bank hits 8-week low; stock falls 14% in 8 days

Shares of YES Bank dipped 7% to Rs 338 on the BSE in early morning trade, its lowest level since July 4, 2018.

Derivatives strategy on Tata Steel by HDFC Securities

Derivatives strategy on Tata Steel by Nandish Shah, Technical & Derivatives Analyst at HDFC Securities.

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.

Today's picks: From Sun Pharma to HPCL, hot stocks to watch on Friday

Nifty, Bank Nifty, HPCL, ITC and Sun Pharma

Improving outlook leads to re-rating for Balkrishna Industries, stock gains

Capacity expansion expected to improve profitability