Page 2983 - Markets News

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

MCX rallies 8% on merger talks with NSE

The stock rallied 8% to Rs 775 after the media report suggested that the company has entered into merger talks with the NSE ahead of the implementation of the universal exchange framework in October.

NSE, MCX in merger talks, could submit proposal to Sebi this month

The merger will help NSE and MCX cement their leadership position both in the equities and commodity derivatives space

Are you planning a trip abroad? Compare charges before picking a forex card

Besides fees under multiple heads, there can also be restrictions on daily spending and withdrawal

Today's picks: From ONGC to Asian Paints, hot stocks to watch on Friday

Nifty, Bank Nifty, ONGC, HCL Technologies and Asian Paints

From hope to happiness: Analysts find SBI's FY20 plan credible

SBI would work to bring down the share of gross NPA below six per cent by March 2020 from 10.91% at the end of March 2018

Q4 results: Market share concern weighs on Bata India; stock falls

Store-level inventory management issues benefiting peers but firm's profitability expected to keep improving

Motherson Sumi's future hinges on foreign arms, stock sheds nearly 5%

Q4 show was below expectations on account of muted margins

Tata Motors results reflect bumpy road ahead for Jaguar Land Rover

The latest announcement by the Trump administration in America to raise tariffs on imported automobiles and parts could add to JLR's woes

Mid, small-caps outperform in four years of Narendra Modi government

Analysts attribute this outperformance to the government's proactive economic reform measures

Top stocks to buy today: Glenmark and Infosys

Stock ideas from Anand Rathi Research

Tech stocks spur market rebound; Sensex up 318 pts; Nifty ends above 10,500

Benchmarks clawed back lost ground on Thursday, as a weak rupee buoyed the appeal of technology shares amid a mixed trend overseas

Derivatives strategy on M&M May Future by HDFC Securities

Derivatives call on M&M May Future by Nandish Shah, Technical & Derivatives Analyst, HDFC Securities

Top trading ideas from Prabhudas Lilladher: Buy HDFC, Jindal Steel & Power

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

Modi government and stock market: What lies ahead?

Going forward, the equity market will be volatile with downward bias till two more major state elections are completed in December 2018