Page 2962 - Markets News

MARKET WRAP: Sensex falls 216 pts, Nifty fails to hold 10650; banks drag

Benchmark indices ended lower on global correction and weaker rupee

D-Mart, Varun Beverages, Radico Khaitan, Edelweiss Financial hit new highs

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

BHEL surges 9% as Q4 profit rises more than double

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.

Caplin Point falls 11% on disappointing Q4 results

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.

Strides Shasun rebounds over 10% post clarification on auditor resignation

The stock moved higher by 2% to Rs 432, bouncing back 13% from its early morning low on the BSE

Manpasand Beverages tanks 20% second straight after auditor resigns

The stock hit a fresh 52-week low of Rs 276 today, plunging 36% in past two trading sessions from Rs 431 on Friday.

Larsen & Toubro extends gains on strong Q4 operational performance

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 top trading ideas from Prabhudas Lilladher for today

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

Warship maker Garden Reach Shipbuilders gets Sebi's go ahead for IPO

The warship maker had filed its draft red herring prospectus (DRHP) with Sebi on March 26 and obtained its "observations" on May 22

Property auctions become transparent but with riders

Otherwise, you could be saddled with dues left unpaid by previous owner

From Sun Pharma to Lupin, pharma stocks rally on quarterly show

Companies put up stellar performance in Indian as well as US markets

Markets extend gains as oil prices cool off; Indian Oil, HPCL stocks jump

Investor appetite received a further boost after the rupee extended gains against the dollar for the third day

Today's picks: From L&T to BPCL, hot stocks to watch on Tuesday

Nifty, Bank Nifty, L&T, Bharti Infratel and BPCL

MCX shares continue to surge, up over 4% amid merger talks with NSE

Shares of Multi Commodity Exchange of India had surged 14 per cent on Friday also.

Aviation stock: Cost pressures continue to take a toll on profitability

Cost pressures in competitive environment continue to take a toll on profitability

Q4 results: High NPA recognition, growth visibility boost PFC sentiment

REC, too, reported additional slippages on account of RBI's new NPA framework

Manpasand Beverages shares down 20% on auditor's resignation

Investors get jittery after firm offers no reason for Deloitte's departure, and defers results board meet as well

Private placement of debt drops to Rs 6.5 trillion in FY18

This breaks a three-year trend which had seen the value of private placements more than double since FY14

No major change in number of MF schemes post Sebi rationalisation

Drop in the number of schemes is less than 3%, despite merger of 38 schemes between Sept 2017 and May this year

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

Top stock ideas from Anand Rathi Research