Page 2906 - Markets News

11 fund houses sign up with Paytm Money as platform to go live this month

These account for 62% of industry assets; others working to reach an agreement

Sebi sets eyes on commodity index derivatives, works on guidelines

Commodity contracts, instead of commodities, which are the underlying, will be components of the index. Second, it will be a future price index and not a spot price index

June quarter results: Retail lenders spur consumer demand across industries

Analysts expect the trend to continue for a while, given the low level of household indebtedness

Sebi eyes framework for timely disclosure of loan defaults by listed firms

Tightening of the disclosure norms is aimed at helping banks recognise their stressed assets as non-performing more uniformly and enhance transparency in the securities market

Stock, commodity & forex markets shut today on account of Independence Day

On Tuesday, the S&P BSE Sensex ended at 37,852, up 207 points while the broader Nifty50 index settled at 11,435, up 79 points.

IDBI Bank reports Rs 24-bn loss, NPAs increased to 31% in June quarter

Amid higher non-performing asset provisioning in Q1, the bank posted a loss of Rs 24.1 billion

Embassy Office Parks to file Reit document this month; could mop up $1 bn

A Reit allows investors to take ownership in a yield-generating commercial real estate properties, such as office buildings or shopping malls

Global investors up cash levels in August amid trade war: BofA-ML survey

The survey showed buying technology stocks remained the most-crowded trade

Earnings upgrades ahead for Sun Pharmaceutical, stock gains nearly 7%

US growth at 8%, despite declining Taro sales, giving confidence that the firm is on a recovery path in America

Current market levels capture expected earnings momentum: Harinarayanan

In the short term, election does matter and will play on the investor sentiment, says Suhas Harinarayanan

Detected in Karnataka, this pest may spread across SE Asia, impact millions

Native to the Americas, fall armyworm has already spread across Africa

Invest only a small portion in mutual funds through Paytm or WhatsApp

It can be more convenient, but even a small error on your part can hurt badly

Margin expectation fires up Apollo Hospitals, stock gains on strong results

With capex cycle coming to an end and occupancies increasing, operating profit is expected to double over next three years

At Rs 7.67 trn, RIL races past TCS to become most valued firm again

TCS had on August 10 surged past RIL to emerge as the country's most valued firm by market valuation

Rupee fall spooks India Inc boardrooms; CFOs worry RBI may hike rates again

To stem the fall in the currency's value, the central banks across the world are raising interest rates, triggered by rising US interest rates and a rising dollar

External factors behind rupee's fall to record low, nothing to worry: Govt

The rupee hit an all-time low of 70.1 to a US dollar earlier on Tuesday on concerns over Turkey's economic woes

MARKET WRAP: Sensex ends 207 pts up led by RIL, Sun Pharma; Rupee hits 70/$

Among sectoral indices, the Nifty Pharma index ended over 3 per cent higher led by rise in the shares of Sun Pharmaceutical Industries and Lupin.

Sun Pharma rallies 7% as Q1 profit beats Street estimates

The stock rallied 7% to Rs 600 on the BSE after the company reported a better-than-expected consolidated net profit at Rs 9.83 billion in June quarter.

Where is the rupee headed? Experts weigh in

Rupee hit a record low of 70 to the US dollar, making it the worst currency in the Asian region thus far in calendar year 2018 (CY18).

Cadila Healthcare nears 52-week low post June quarter results

The stock slipped 5% to Rs 336, extending its 6% decline on Monday, trading close to its 52-week low of Rs 333 touched on July 20, 2018 on the BSE in intra-day trade.