Page 2944 - Markets News

Nifty Pharma index up for fifth straight day; Sun Pharma up 14% in a week

Marksans Pharma, Alembic Pharma, Caplin Point Lab, Ajanta Pharma, Bliss GVS Pharma, Granules India, Aurobindo Pharma and Wockhardt were up in the range of 10% to 30% in past one week.

SBI hits over three-month high; stock up 15% post Q4 results

The stock was up 25 to Rs 281, trading at its highest level since February 16, 2018.

Jyothy Labs, TAKE Solutions, Tata Elxsi hit new high

Bajaj Finance, United Breweries, VIP Industries, Astec Lifesciences and MM Forgings were eight stocks from the S&P BSE 500 and Smallcap index hitting their respective new highs on the BSE

Gold prices slip as dollar gains amid Trump-Kim summit

Gold is expected to be volatile this week amid the U.S-North Korea summit and central bank meetings

DCM Shriram gains 7% as board mulls share buyback

The stock was up 7% to Rs 290 on the BSE in intra-day trade after the company announced that board will meet on Monday, June 18, to consider share buyback proposal.

Bitcoin at 2-month low after cryptocurrency exchange hack in South Korea

Bitcoin was trading at USD 6,780 yesterday, down from more than USD 7,500 before the weekend

Usha Martin hits 52-week high as board approves sale of steel business

The stock hit a 52-week high of Rs 33, up 12% on the BSE, rallied 65% in one week as compared to 1.8% rise in the S&P BSE Sensex.

Avanti Feeds extends rally on stock split, bonus issue plan

The stock rallied 8% to Rs 1,980, extending its over 30% surge in past three trading sessions, after the company announced stock split from Rs 2 to Re 1 and issue of bonus shares in the ratio of 1:2.

Support for Nifty seen at 10,720, resistance at 10,850: Prabhudas Lilladher

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

Dollar jumps, stocks cautious amid optimism over Trump-Kim summit

Investors were hopeful of a positive outcome from a highly anticipated U.S.-Korea summit

Strong truck sales to speed up Wabco India's prospects

New product launches and exports to its parent have led to firm's improved earnings

For loss-making companies, 2017-18 was the worst year in a decade

344 companies reported a combined net loss of Rs 1.8 trillion, more than twice that in 2016-17

RBI pumped in $2.5 billion in April to cut rupee volatility

In April, the apex bank purchased $5.536 billion and sold $8.019 billion in the spot market, according to the RBI's June bulletin

Infosys gets nod to delist from Euronext Paris and London exchanges

During the five-year period of the listing on Euronext Paris and Euronext London, the average daily trading volume of Infosys ADSs was significantly lower than its average daily trading volume on NYSE

Nifty earnings see 17% cut in FY19 amid rising oil prices, bond yields

Rising oil prices and bond yields set off downgrades; banks worst affected

Fund houses eye debt-focused investment products to gain traction

Industry experts also suggest that the plain vanilla income-accrual funds could also find a few takers in the current environment

Ratan Tata's investment in Xiaomi is likely to yield healthy returns

A few years ago, Xiaomi was pegged as world's largest unicorn with valuations more than that of taxi aggregator Uber

Godrej Properties, Oberoi Realty may see lumpy revenues starting Q1FY19

For investors, the revenue statement, both for the quarter and annually, will not give an accurate picture. So, investors will have to look at cash flows

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

Stock ideas from Anand Rathi Research.

MARKET WRAP: Sensex ends 40 pts up, Nifty at 10,787 ahead of US-Korea meet

Bharti Airtel gained 3.5% on the BSE today, while Sun Pharma rose 1.1%. Tata Steel lost 2.1%