Page 2894 - Markets News

Deal wins, digital share, improve margins key for Mindtree; stock gains 2%

Growth metrics expected to surpass peers; valuations on the higher side

FMCG stocks: Fundamentals continue to be strong, but valuations too high

For premiums to sustain, FMCG earnings growth must pick up in coming quarters

Sensex falls as rupee slides, oil jumps; SBI, ICICI Bank stocks down

The Bank Nifty index fell 1.4 per cent, while the Nifty PSU Bank index declined 3.55 per cent, the most since August 10

India's apparel exports to see modest growth in near term, says report

The exports have seen a sharp de-growth of 14 per cent year-on-year in the first four months of this financial year

Today's picks: From Tech Mahindra to HPCL, hot stocks to watch on Wednesday

For Tech Mahindra, keep a stop at Rs 758 and go long. Add to the position between Rs 770 and Rs 772

Glenmark to boost cash flows, pare debt as it eyes a lighter balance sheet

Pharma major is monetising assets through licensing arrangements, restructuring operations

TCS settles at new high; m-cap ends at Rs 8 trillion for the first time

TCS, which hit a new high of Rs 2,100 in intra-day, has outperformed the market by surging 55% so far in the calendar year 2018 against 13.5% rise in the S&P BSE Sensex.

MARKET WRAP: Indices settle lower on weak rupee; TCS m-cap at Rs 8 trillion

In individual stocks, banking shares such as HDFC Bank, State Bank of India (SBI), IndusInd Bank and ICICI Bank fell in the range of 1 per cent to 3.3 per cent.

FMCG shares under pressure; HUL falls 9% in two days

HUL, Jubilant FoodWorks, Dabur India, Nestle India, Britannia Industries, Godrej Consumer Products, Marico, and ITC were trading lower in the range of 2% to 5% on the National Stock Exchange today.

L&T Infotech surges 7% on strong response for OFS

The stock surged 7% to Rs 1,888 on the BSE in early morning trade on Tuesday, trading close to its 52-week high of Rs 1,911 touched on August 21, 2018 in intra-day trade.

No love for Indian rupee as technicals point to oversold currency

The rupee's rapid fall in August -- its biggest monthly drop in three years -- would indicate that the currency has fallen too far, too fast

Infosys turns ex-date for 1:1 bonus; stock hits new high

Infosys hit a new high of Rs 737, up 3% (adjusted to bonus issue) on the BSE after the shares of country's second largest IT services company turned ex-bonus in the ratio of 1:1.

Paytm Money aims to add 25 million users in the retail investment segment

Paytm Money, which has been setup as a separate subsidiary, aims to add 25 million users in the retail investment segment over the next six years

Fund houses ease limits on small-cap plans; managers see opportunities

DSP on Monday opened the DSP Small Cap Fund for subscription through systematic investment plans and systematic transfer plans

Rupee hits record low of 71.37, drops 16 paise against US dollar

Rupee opened at a record low of 71.24 against a dollar, down from its previous close of 71.21

Preposterous to claim $75 billion FPI funds will move out of India: Sebi

Some foreign portfolio investors (FPIs) are believed to have earlier expressed concerns over the proposed changes in rules, for which Sebi has already granted more time

Hikal hits 52-week high after Ashish Kacholia buys 1.6% stake

Hikal hits 52-week high of Rs 192, up 4% on Tuesday, extending its previous day's 15% surge on the National Stock Exchange.

FPIs ring alarm bells on Sebi ownership notice; $75 bn assets could be hit

Several global funds oppose restrictions on NRIs, PIOs

Reply to show cause notice in 3 weeks: Sebi to Motilal Oswal on NSEL scam

The investigation relates to the Rs 56 bn payment default which broke out at the spot commodity trading platform NSEL in 2013

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