The Indian benchmark remained static in its last closing on May 28, while Brent prices dropped further to $75.71 a barrel
As Walmart and Amazon sink billions into e-commerce in India, they might be overlooking a tough rival on every corner
The BSE gauge touched a low of 34,922.18 in intra-day
The latest round of outperformance of IT stocks comes after lackluster returns between 2014 and 2017 amid slowdown in revenue growth
The metals and mining conglomerate got hit with bad publicity last week, when police fired on a crowd of protesters at the Sterlite Copper smelting unit in Tuticorin.
Will continue offer SGX Nifty contracts till August 2018
The strong volume performance, price hikes and richer product mix also reflected on the margins as well as the bottom line
No clarity on stress, weak capital affect earnings visibility
Nifty, Nifty Bank, SBI, HCL Technologies, Zee Entertainment
Jaypee Infratech's shares had rallied 68% between October and December 2017
Notably, the deadline for achieving the minimum public float of 25% will end in August this year
GDP is also projected slightly higher at 7.4 per cent for FY19, compared with 6.6 per cent in FY18
Benchmark indices ended lower on global correction and weaker rupee
Biocon, Hexaware Technologies, Kotak Mahindra Bank and MM Forgings were among 13 stocks from the S&P BSE 500 and Smallcap index hitting new high on the BSE in otherwise range-bound market
The stock rallied 9% to Rs 86.45 on the BSE in noon deal after the company reported net profit of Rs 4.57 billion in Q4FY18 against Rs 2.16 billion in previous year quarter.
The stock fell 11% to Rs 532 on the BSE in intra-day trade after the company's ebitda margin in March quarter declined by 400bps to 35% from 39% in previous year quarter.
The stock moved higher by 2% to Rs 432, bouncing back 13% from its early morning low on the BSE
The stock hit a fresh 52-week low of Rs 276 today, plunging 36% in past two trading sessions from Rs 431 on Friday.
The stock was up 3% at Rs 1,421 on the BSE in early morning trade, extending its 5% gain in the past one week, after the company reported better than expected operational performance in March 2018.
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher.