The stock hit a 52-week low of Rs 356, falling 13.6% in past six trading sessions after RJio announced a new unlimited postpaid plan on Thursday May 10
The stock dipped 11% to Rs 1,997 after the company reported a consolidated net profit of Rs 1.24 billion against an average analyst estimate of Rs 1.41 billion in March quarter.
The stock declined 8% to Rs 539 on the BSE in early morning trade after the company reported 3% decline in its consolidated net profit at Rs 1.94 billion in March quarter.
The rising US Treasury yields have been a driver across financial markets this week and come as data shows a strong U.S. economy that could indicate firming inflation.
The weight in MSCI EM would drop 14 basis points (bps) to 8.18 per cent after the MSCI rebalance
The court asked the Attorney General to assist the court in this matter
Derivatives call on Ujjivan Finance futures by Nandish Shah, Technical & Derivatives Analyst, HDFC Securities.
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher.
Capital flows to emerging markets may diminish as US and global investors get higher yields on US assets
Nifty, Bank Nifty, UPL, Bharti Airtel and ITC
Analysts up estimates as they see strong pricing outlook, softening input prices, higher share of value-added products and cost control to drive earnings
Growth and margin profile are expected to be strong in FY19 on rising rural demand, product mix and cost efficiencies
After the implementation of new categorisation norms, this is a risk debt fund investors need to watch out for
US investors dealing in securities listed out of the US need to comply with 'Rule 144 of Regulation S' under the US Securities Act
Analysts say there is a peculiar correlation between crude oil prices and equity valuations
With strong AUM increase, the company posted one of its highest quarterly profit growth; expansion in rural lending to aid future earnings
Brent crude futures reached an intraday high of $80.18 a barrel before receding to $79.67
The brokerage is of the opinion that a rate hike by RBI to support depreciating rupee is not likely.
The stock surged 56.9% to Rs 16.55 on the BSE on Thursday after the media report suggested that RCom and Ericsson inform NCLT in Mumbai that they are in settlement talks.
Benchmark indices slipped on Thursday, hurt by financial stocks