Page 2999 - Markets News

Rising oil prices a key threat to Indian equities, says CLSA's Chris Wood

Wood says his base case remains that Narendra Modi and the BJP will win again, albeit probably with a reduced majority.

Sebi clears 7 present, former Emami promoters of insider trading charges

Sebi in an order said the allegations against the promoters stand 'not proved'

JPMorgan Asset sees Indonesia, India bouncing back after selloff

JPMorgan Asset Management sees investors piling back into the two countries' bonds and currencies as the greenback's strength begins to wane

Gold prices slips to its lowest as surging US Treasury yields lift dollar

The metal was heading for its biggest weekly decline since early-December

MARKETS ON FRIDAY: Indices decline for 4th session, Sensex down 301 pts

Benchmark indices declined for a fourth straight session on Friday, amid caution over uncertainty over the formation of government in Karnataka,

Govt unlikely to cancel bond auctions despite spike in yields: Source

Economic Affairs Secretary Subhash Chandra Garg will review the bond market's recent volatility later on Friday

RCom pares morning gains, falls 4% post a 25% rise

At 1:30 pm; RCom was trading 4% lower at Rs 15.85. It hit a high and low of Rs 20.65 and Rs 14.10 during the day

Strides Shasun tanks 25% on weak Q4 results

The stock tanked 25% to Rs 378, also its 52-week low on the BSE after the company reported a consolidated net loss of Rs 44 million in March 2018 quarter.

Avenue Supermarts falls 8% as Radhakishan Damani plan to sale upto 1% stake

The stock dipped 8% to Rs 1,379 after the company said the promoter Radhakishan Damani propose to sell upto 1% stake in the company in the open market for achieving minimum public shareholding

Four years of Modi govt: Market return improves but still below UPA's

SENSEX has returned 42% during the four years of NDA govt; its worst performance was under the Vajpayee-led government, which assumed office in Oct 1999

Nifty PSU Bank hits fresh 52-week low; BOB touches over 2-yr low of Rs 126

Nifty PSU Bank index hit a fresh 52-week low of 2,672 in the intra-day deal today, falling 26% in past four months as compared to 1.6% decline in Nifty 50 index.

Star fund managers jump ship even as assets soar

Exodus of top managers an unintended side effect of roaring MF industry

Bharti Airtel falls for sixth straight trading day; stock hits 52-week low

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

SRF falls 11% on disappointing Q4 results

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.

Voltas declines 8% post Q4 results

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.

US 10-yr treasuries hit 7-yr high, selloffs continues as oil tops $80 a bbl

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.

India may see $460 mn outflows after MSCI rebalancing: JP Morgan

The weight in MSCI EM would drop 14 basis points (bps) to 8.18 per cent after the MSCI rebalance

SC backs RBI, bars courts from taking up pleas related to cryptocurrency

The court asked the Attorney General to assist the court in this matter

Derivatives strategy on Ujjivan Finance by HDFC Securities

Derivatives call on Ujjivan Finance futures by Nandish Shah, Technical & Derivatives Analyst, HDFC Securities.

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.