Page 2964 - Markets News

Glenmark Pharma hits 52-week low on subdued Q4 results

The stock hit a fresh 52-week low of Rs 484, slipped 9% on the BSE in early morning trade, after the company reported 17% decline in its consolidated net profit at Rs 1.52 billion in March quarter.

Merck hits record high; stock zooms 18%

The stock hit new high of Rs 2,369, rallied 57% from Rs 1,510 since April 19, after P&G Overseas India makes mandatory open offer to acquire 26% stake in the company at price of Rs 1,500.36 per share.

M&M hits new high on strong Q4 results

The stock hit a new high of Rs 895, up 3%, extending its 2.2% gain on Tuesday on the BSE in otherwise weak market.

Ranbaxy Lab slips on disappointing Q1 earnings

Q1 consolidated profit decline 90% year-on-year at Rs 126 crore due to the base effect.

Select pharma stocks fall, Ranbaxy dips 6%

Lupin, GSK Consumer Healthcare, Venus Remedies and Elder Pharma are down 5% each on BSE.

RBI monetary policy: Four charts show markets are preparing for a rate hike

Reserve Bank of India hasn't tinkered with rates since August, and even cut inflation projections last month, raising expectations that borrowing costs would remain on hold

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.

Top trading ideas by HDFC Securities: Buy Dabur India, Indian Hotels

Nifty outlook and top trading ideas by Vinay Rajani, Technical Analyst, HDFC Securities.

Why the price of the Indian crude basket is sticky

The Indian benchmark remained static in its last closing on May 28, while Brent prices dropped further to $75.71 a barrel

India's biggest competitors to Walmart and Amazon? Mom and Pop

As Walmart and Amazon sink billions into e-commerce in India, they might be overlooking a tough rival on every corner

Sensex halts 3-day winning run; banks, healthcare drag

The BSE gauge touched a low of 34,922.18 in intra-day

Why mutual fund managers are betting on information technology stocks

The latest round of outperformance of IT stocks comes after lackluster returns between 2014 and 2017 amid slowdown in revenue growth

What is in store for Vedanta's shareholders?

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.

SGX delays launch of new India products as NSE gets injunction order

Will continue offer SGX Nifty contracts till August 2018

FY19 likely to see turnaround for M&M's utility vehicles

The strong volume performance, price hikes and richer product mix also reflected on the margins as well as the bottom line

Q4 results: Pain not yet over for Bank of India, stock falls 5.8%

No clarity on stress, weak capital affect earnings visibility

Today's picks: From SBI to HCL Tech, hot stocks to watch on Wednesday

Nifty, Nifty Bank, SBI, HCL Technologies, Zee Entertainment

From Jaypee to Monnet, IBC bound stocks have witnessed a steep fall in 2018

Jaypee Infratech's shares had rallied 68% between October and December 2017

ITI Ltd's FPO likely to be completed soon to meet minimum 25% shareholding

Notably, the deadline for achieving the minimum public float of 25% will end in August this year

Consumption growth to be lower at 10-11% in value terms this year: Nielsen

GDP is also projected slightly higher at 7.4 per cent for FY19, compared with 6.6 per cent in FY18