Page 2913 - Markets News

InterGlobe Aviation skids 11% on weak June quarter results

The stock dipped 11% to Rs 891, also its 52-week low on the BSE after the company reported a 96% year on year (yoy) decline in net profit at Rs 278 million in June 2018 quarter.

HNIs' bets on HDFC MF IPO will pay off if shares list at over 35% premium

Leveraged bets worth over Rs 700 bn riding on the IPO; break up cost at Rs 1,500 versus issue price of Rs 1,100

TCNS Clothing Co stock down 7% on a weak stock market debut

The stock touched a high of Rs 725 and low of Rs 628 on NSE, where shares worth Rs 7.8 billion were traded

HDFC Q1 net profit jumps 53.7%: Surge in NPA ratio not worrisome

HDFC reported good operational performance for Q1, with assets under management growing 18 per cent year-on-year

Nifty PSU Bank index extends gains; shares of Bank of Baroda, SBI, PNB jump

Shares of Bank of Baroda gained 10.4 per cent, followed by State Bank of India and Punjab National Bank

Buy realty stocks only for the long term, say analysts

A genuine demand recovery in the sector, experts say, is still some time away even as the prices continue to spiral down.

Support for Nifty seen at 11,260, resistance at 11,370: Prabhudas Lilladher

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

Can't find your car keys? File a police complaint, forward copy to insurer

The original set of keys comes in handy during the insurance claim-settlement process

Today's picks: From Infosys to HUL, hot stocks to watch on Tuesday

Nifty, Bank Nifty, Mahindra & Mahindra, Infosys and Hindustan Unilever

BlackRock will not be back in foreseeable future in India: Kalpen Parekh

We will be very selective in our fund launches, depending on investor need and the right timing, says DSP BlackRock president Kalpen Parekh

IndiGo Q1 net profit plunges 96% to Rs 278 million, more trouble ahead

After muted June-quarter performance due to cost and pricing pressure, the outlook for seasonally weak second quarter is no different

Mark Mobius cautions RBI, says increasing rates now would be 'big mistake'

Most economists in a Bloomberg News survey expect the RBI to raise the report rate by 25 basis points on Aug 1

Malay Sameer joins IndiaNivesh Securities as MD for institutional equities

He has worked in Asian and Indian equity markets earlier, having held senior positions with several leading companies such as BNP Paribas Securities, Kotak Securities, HDFC Securities

Top trading ideas by Anand Rathi Research: Buy Sun Pharma, Lupin, M&M

Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research.

TCNS Clothing makes weak debut; stock settles 7% below issue price

TCNS Clothing settled at Rs 665, down 7.1% against its issue price of Rs 716, after listing at par on the NSE.

RIL, L&T, Infosys among IIFL's top-six investment picks for the long haul

Likening their performance and fundamentals to the pure technique of a test batsmen, IIFL Institutional Equities has ranked these six as its best choice for long-term investing

MARKET WRAP: Nifty ends at fresh closing high of 11,320; PSU banks rally

Among sectoral indices, the Nifty PSU Bank index settled over 4% higher led by a rise in Bank of Baroda, Andhra Bank and Oriental Bank of Commerce.

TVS Motor hits fresh 52-week low; stock slips 13% in past three weeks

The stock hit a fresh 52-week low of Rs 511, down 3% on the BSE on Monday, extending its 5% decline in past three trading sessions in otherwise firm market on back of heavy volumes.

Morepen Laboratories surges 14% on USFDA approval for Baddi facility

The stock surged 14% to Rs 36.20 on the NSE after the company received USFDA approval for both its bulk drugs manufacturing facilities situated in Himachal Pradesh.

Thyrocare Technologies up 7% as board mulls share buyback proposal

Thus far in the calendar year 2018, Thyrocare had underperformed the market by falling 14% as compared to 8.6% rise in the S&P BSE Sensex till Friday.