Page 2975 - Markets News

Commodity picks: May 28, 2018

Cotton (29mm Gujarat) is trading at Rs 42,700 per candy (356 kg). Lack of timely canal water in Punjab and Haryana could impact the final cotton acreage in the region

Street signs: PSU banks in demand, dip in Symphony stocks and more

India's leading air cooler maker Symphony has witnessed an unusually hot summer with its stock falling more than 20 per cent in the past month

Lower price erosion may finally bring sunny days for Sun Pharma

While the company, which derives 35 per cent of its consolidated sales from the US market, reported a 3 per cent fall over the year-ago quarter

From Usha Martin to Surya Roshni, five interesting stocks to ponder about

Safari Industries, the company has been posting the kind of performance sequence that can convince any analyst that something credible is happening

'Fund managers may wait for poll outcome to raise India exposure'

I think global growth will, for a number of reasons, peak later this year, Cameron Brandt

How easing overloading restriction will affect Tata Motors and Volvo Eicher

Medium and heavy commercial vehicle sector's FY19 growth estimates of 12 per cent may be lowered

IPO market hots up as 3 dozen companies line up listings worth Rs 350 bn

Of these three dozen firms, six are PSUs

Rising crude oil price hits India's synthetic yarn industry

From April, most petrochemicals have seen a price rise of 4-18 per cent; so have polymers, the raw material for plastic goods.

Wooing foreign investors: Easing of access norms to boost trading at GIFT

The centre currently witnesses an average daily turnover of $300-360 million. Experts say volumes could easily double in the near future.

Stock markets rally as macro headwind eases, Sensex rises 260 points

The Sensex rose 262 points, or 0.8 per cent, to 34,925, while the Nifty 50 index rose 91 points, or 0.9 per cent to 10,605.

Cadila Healthcare launch pipeline points to healthy outlook, stock gains

Strong Q4, healthy forecast could result in more upside for stock

Oil prices slump as OPEC and Russia consider output boost

Russia says oil output cuts likely to be eased at June meeting

TCS market cap crosses Rs 7-trillion mark; stock hits new high of Rs 3,674

TCS market-cap hit Rs 7.03-trillion after the stock hit new high of Rs 3,674 on the BSE in intra-day trade.

MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

Benchmark indices rose on Friday after rupee recovered from its a 16-month low against the dollar.

Gateway okays acquisition of Blackstone stake in arm; stock up 20%

The stock up 20% at Rs 199 after the company said its board approved the acquisition of entire shareholding held by Blackstone in CCPS and equity shares in Gateway Rail Freight for Rs 8.10 billion.

As Singapore and India fight over futures trading, investors' worries grow

NSE and SGX first clashed in January, when the Indian bourse asked its counterpart to delay plans to introduce single-stock futures that would track some of the subcontinent's largest companies

Avenue Supermarts extends gain as founder RK Damani completes 1% stake sale

The stock was up 5% to Rs 1,476, extending its Thursday's 3.3% gain on the BSE

Pidilite Industries gains 5% as Q4 earnings beat estimates

The stock hit a new high of Rs 1,137, up 5% on the BSE, after the company reported a better than expected 57% year on year growth in consolidated net profit at Rs 2.48 billion in March quarter

National Peroxide hits record high on robust Q4 results, Rs 65 dividend

The stock hit a record high of Rs 3,140, up 13% on the BSE after the company reported a more than seven-fold jumped in its standalone net profit at Rs 373 million in March quarter.

Liquor shares rally on good Q4 show; UBL, Radico Khaitan hit new high

United Breweries (UBL),United Spirits and Radico Khaitan rallied between 5% and 7% on the BSE in intra-day trade