Page 2926 - Markets News

Bhagiradha Chemicals up 62% in 2 days after Ratnabali Investment buys stake

The stock rallied 19% to Rs 333, surging 62% from its Wednesday' low of Rs 206 after Ratnabali Investment and Aditya Goenka bought nearly 15% stakes in agrochemicals company through open market.

Britannia Industries hits new high; stock surges 70% in one year

Since May 14, the stock gained 13% after the company reported a healthy 25% year on year jumped in its consolidated net profit and 13% growth in revenue in March quarter.

Why efforts to strengthen rupee may squeeze Indian banks' earnings

Indian lenders can hardly afford another headwind as they absorb trading losses from the past year's drop in sovereign bonds and continue to battle one of the world's worst bad-loan ratios

Fedders Electric tanks 46% in 6-days as CARE revises credit rating

The stock hit 52-week low of Rs 28.85, falling 46% in past six trading sessions from Rs 53.60 on June 21, 2018.

Rupee recovers from all-time low, regains 18 paise on dollar selloffs

Higher opening of the domestic equity market also propped up the rupee, forex dealers said

Graphite India, HEG hit upper circuit of 5%

Thus far in the calendar year 2018, HEG (up 42%) and Graphite India (up 18%) have outperformed the S&P BSE Sensex, which 3% so far.

India avoids carnage in emerging markets as locals snap up stocks

The world's fastest-growing major economy is relatively insulated from trade risks due to its massive domestic market and burgeoning middle class

MFIs turn aggressive lenders, signs of overborrowing emerge in microlending

The present regulations governing over-indebtedness applies only to NBFCs MFIs and MFIs

IndoStar Capital Finance: Revenue may grow 40% annually during FY18-20

Morgan Stanley (MS), in a report this week, estimates IndoStar's share of retail AUM to double to 52% by FY20

Aurobindo Pharma: Nod for niche drugs, strong pipeline to push earnings

Analysts at Elara Capital say Ertapenem approval gives comfort to Aurobindo's ability to grow its US business in FY19, despite the high base

Markets fall on rupee, macro pressure and tensions over US-China trade war

The benchmark BSE Sensex fell as much as 280 points on Thursday, before stemming some losses to close at 35,038, down 179 points, or 0.5 per cent.

Committee on bitcoin and other crpto-currencies to finalise report soon

SC hearing also scheduled, even as RBI window for ending all deals with crypto-currency exchanges closes next week

Petrol, diesel to cost more; rupee's fall may not push up airfares for now

The depreciating rupee is a cause for concern for Indian airlines, as 25-30 per cent of their cost (excluding fuel) is dollar-denominated

Markets have priced in a stable govt: Kotak Mahindra Asset Management MD

There is still room for a downside in momentum-driven micro-, mini- and small-caps, says Nilesh Shah

Indian companies are taking cover on unhedged positions as rupee falls

Top companies with significant export income are continuously raising debt from abroad to refinance earlier loans and, in the process, cut costs

RBI flags MFs' borrowing play; bank lines are in excess of Rs 1 trillion

The MF regulations mention that schemes are currently allowed to borrow up to 20 per cent of their net assets to meet temporary liquidity needs

Currency crash: Weakening rupee may not help India's export by much

With India being a net importing nation, with a trade deficit of $156.8 billion last year, a weaker rupee has significant repercussion

Credit-linked subsidy scheme under the PMAY can often be baffling

You must understand the rules applicable to you before seeking a loan

Top stock ideas from Anand Rathi Research for today's trade

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

Rupee slide to weaken equity return; IT and pharma stocks look good

Corporate India, however, remains a net importer at the aggregate level and this explains why the broader market reacts negatively to currency depreciation