Page 2915 - Markets News

Biocon rallies 10% post Q1 results

The stock rallied 10% to Rs 613 on the BSE after the company reported 48% growth in consolidated net profit at Rs 1.2 billion in June quarter.

Hindalco gains 7% as arm Novelis to buy Aleris

The stock was up 7% to Rs 220 on the BSE after the company announced the acquisition of a global aluminium rolled products major Aleris at an enterprise value of US $ 2.58 billion.

Life insurance products with high upfront commission not the best choice

With high upfront commission and low renewal commission, distributors often influence customers into buying new products every year instead of continuing with their existing policies, one expert said.

Why Hindalco's Aleris deal details should calm nerves in the market

Deal valuation, likely operating profit of $360 mn better than expectations

ITC hits 52-week high as Q1 profit beats estimates; stock surges 5%

The stock surged 5% to Rs 302 on the BSE on Friday after the company reported a better-than-expected 10% year-on-year jump in net profit at Rs 28.19 billion in June quarter.

Zuckerberg faces new risks as scandal-hit Facebook nears a saturation point

Scandals have damaged the company, but the most pressing problem is that there aren't that many people left to convert- they're all already on Facebook

With rising bond yields, India to outdo emerging market peers: Nomura Asset

Rupee, debt are unlikely to face significant decline from here

Top trading ideas by Anand Rathi Research: Buy Ujjivan, Pidilite, Sterlite

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

Nifty outlook and top trading ideas from Prabhudas Lilladher for today

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

Petchem to support RIL earnings; analysts expect refining margins to soften

RIL will announce its financial performance for Q1 on Friday, & the street will look for more details on the rollout and investment of the home-to-fibre, which the company announced earlier this month

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

Stocks to keep a look at - Nifty, Bank Nifty, HPCL, Larsen & Toubro, ITC

Colgate-Palmolive woes deepen with market share decay; stock falls 3.6%

Topline rises 6.6%; market share declines 350 basis points in two years

CBDT told to clarify on STT on physically-settled derivative contracts

The comments came after ANMI moved SAT against a circular asking brokers to levy 0.1 per cent STT on contracts being physically settled

Sebi floats paper seeking to grant promoters a say in delisting prices

According to the new proposals, the promoter may now be allowed to make a counter offer to the shareholders

Sebi refutes MSCI's claim of India being a 'restrictive' market

Access to domestic bourses not 'restrictive', markets regulator replies to global index provider's note

MARKET WRAP: Sensex ends at record high of 36,985; hits 37k in intraday

Nifty, too, hits a record 11,185.85 in intraday trade before settling at 11,167 levels. SBI ralies over 6%.

Private financials, IT, FMCG, Reliance lead Nifty 50 to record high

Bajaj Finance and Bajaj Finserv have rallied 58% and 43%, respectively, while Asian Paints and TCS were surged more than 20% since January 29, 2018.

YES Bank falls 6% on profit booking post Q1 results

In past four months, the stock of YES Bank outperformed the market by surging 34%, as compared to 13% rise in the S&P BSE Sensex till Wednesday.

Maruti Suzuki dips 4% post Q1 results

The stock slipped 4% to Rs 9,391 on the BSE after the company reported lower-than-expected 26.9% growth in net profit at Rs 19.75 billion in June quarter.

InterGlobe Aviation down for seventh straight day; hits 52-week low

The stock hit 52-week low of Rs 1,002, falling 11% in past two weeks from Rs 1,122 on July 17, as compared to 1.1% rise in the Sensex.