Page 2986 - Markets News

MARKET WRAP: Sensex down 306 pts, Nifty fails to hold 10,450; OMCs drag

Benchmark indices fell on Wednesday pulled down by oil companies

Brokerages bullish on SBI despite Rs 77 billion loss in Q4FY18

Most brokerages have revised their rating on the stock post results in a hope that the NPA cycle may be turning around.

Metal shares under pressure; Tata Steel, JSPL, Vedanta down over 5%

Vedanta slipped 6% to Rs 254, its lowest level since July 4, 2017 on the NSE

MM Forgings hits record high on bonus issue plan; stock soars 12%

The stock hit a record high of Rs 1,244, up 12% on the BSE in noon deal on Wednesday after the company said that it board will meet on Monday, May 28, 2018 to consider bonus issue

SBI rallies 10% in two days on expectation of improvement in asset quality

The stock rallied 6% to Rs 269, extending its Tuesday's 4% gain on the BSE.

L&T Technology gains 7% on healthy Q4 results

The stock rallied 7% to Rs 1,367 after the company reported a higher than expected 8% QoQ revenue growth in dollar terms at $162 million in March quarter.

OMCs under pressure; IOC hits 52-week low; HPCL, BPCL down 6%

It is likely that the government may ask IOC, HPCL and BPCL to freeze prices as a temporary arrangement, report

Minda Industries soars 10% on 2:1 bonus issue; strong Q4 results

The stock soared 10% to Rs 1,223 on the BSE after the company reported a consolidated net profit at Rs 1.35 billion in March quarter against Rs 560 million in year ago quarter

Cipla surges 7% post March quarter results

The stock surged 7% to Rs 563, bouncing back 8% from its early morning low of Rs 520 on the BSE.

Nifty outlook and top stock picks by Motilal Oswal Securities

Nifty outlook and top stock picks by Chandan Taparia, Derivatives & Technical Analyst, MOSL.

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.

Bharat Forge: Triggers in place as commercial vehicles see uptrend

Market share gains in passenger vehicles should aid incremental revenue gains

Q4 result: State Bank of India starts new financial year with cleaner slate

While balance sheet clean-up led to a Rs 77 bn loss in Q4, analysts say worst seems over

SBI stock surges 3.7% on hopes that worst on NPAs is behind

State Bank of India posts record loss of Rs 77 bn in Q4

Political overhang on fuel pricing amid elections to keep OMC stks in check

The rise in prices of petrol and diesel has not been commensurate with the surge in crude oil prices, data shows.

Today's picks: From Infosys to IOC, hot stocks to watch on Wednesday

Nifty, Bank Nifty, Indian Oil Corp, Infosys, Tata Motors

NSE sues Singapore Exchange in the Bombay HC over India product launch

The NSE is trying to stop SGX from launching derivatives that could replace the Nifty 50 contracts that have traded in the city-state for 18 years.

US price erosion weighs on Dr Reddy's; Q4 net down 3% to Rs 3 billion

There are not many growth triggers for the company, say analysts

Most large-cap mutual fund schemes in red; Nifty small-cap index falls 14%

With fortunes of mid- and small-cap stocks turning from the year's beginning, two-thirds of big schemes have taken a knock in 2018

India Inc foreign borrowing jumps over two-fold to $3.92 bn in April

Among major companies which tapped the overseas market to raise capital included - Reliance Jio, Aditya Birla Finance, Vayu Urja Bharat Private Ltd and JSW Steel Ltd