Page 2974 - Markets News

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

MARKET WRAP: Indices gain for 3rd straight session; IT stocks underperform

Benchmark indices gained on Monday as a sharp drop in crude prices and a recovery in the rupee boosted sentiment

Nandan Denim, Lovable Lingerie fall over 10% on weak Q4 result

Nandan Denim slipped 16% to Rs 103, also its 52-week low on the BSE, after the textile company posted a sharp 98% year on year decline in its net profit at Rs 7.7 million in Q4FY18.

PSBs extend rally; Nifty PSU bank surges 13% in six days

Oriental Bank of Commerce, Union Bank of India, Punjab National Bank, Syndicate Bank, Indian Bank and Canara Bank were up in the range of 5% to 8%.

Just Dial zooms over 50% in one week post stellar Q4 results

The stock rallied 23% to Rs 625 in intra-day trade today, zoomed 54% in past one week from Rs 407, as compared to 1.6% rise in the Sensex.

Ranbaxy extends gain on brokerages upgrade

The stock has outperformed the market by surging 11% in past seven trading sessions compared to 3% rise each in benchmark Sensex and pharma sector.

RCom surges 11% after NCLAT fixes hearing against NCLT order for Tuesday

Reliance Naval, Reliance Power, Reliance Capital, Reliance Infra and Reliance Nippon Life were other stocks from the ADAG, up in the range of 3% to 10% on the BSE.

So far so bad: Vedanta slid 25% this year, and then Thoothukudi hit

A combination of bad news across its operating industries has made Vedanta one of the biggest losers this year among the 10-member S&P BSE India Metal Index

Airlines, tyre, OMC stocks gain as global oil prices ease

SpiceJet, Jet Airways, BPCL, HPCL, IOCL, Balkrishna Industries and Ceat were up in the range of 4% to 15% on the BSE in intra-day trade.

Pre-market: Muted opening seen, political uncertainty weighs

Muted opening seen, political uncertainty weighs

Tech Mahindra falls 5% on profit booking post Q4 results

In past one year, Tech Mahindra had outperformed the market by surging 65% as compared to 13.6% rise in the S&P BSE Sensex till Friday.

We will double our businesses in less than three years: Nirmal Jain of IIFL

At a time when the IIFL is planning to reorganise and restructure its businesses, Jain shares vision, challenges and opportunities

Coal India gains on overseas acquisition report

The company seeks Expression of Interest from investment bankers, owners/owner's representatives for the acquisition of coal assets aboard.

Manpasand Beverages tanks 20% after Deloitte resigns as auditor

The stock tanked 20% at Rs 345, also its 52-week low on the BSE, after the company announced the resignation of statutory auditor Deloitte Haskins & Sells with effect from May 26, 2018.

Sun Pharma rallies 6% post Q4 results

The stock rallied 6% to Rs 496 on the BSE in early morning trade after the drug maker reported a net profit of Rs 13.08 billion in March 2018 quarter.

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.

FPIs press sell button on Indian stocks, bonds worth $7 bn since April

While selling started in April, it has intensified this month, with FPIs pulling out $1.1 billion and $2.5 billion from equities and debt market, respectively