Page 3005 - Markets News

Pledged holdings for BSE 500 stocks decline in the March 2018 quarter

Among the BSE 500 stocks, Centrum Capital, Emami, Granules India and Adani Ports saw the highest increase in pledged promoter holding

Havells stock: Analysts expect over 30% growth in FY19 earnings

Despite rising costs, a favourable product mix of price hikes and operating leverage led to the expansion in Havells' core business margins by 119 basis points Y-o-Y to 14.6 per cent in Q4

Street signs: Market cap at a new high, ICICI Securities stock, and more

A total of eight IPOs totalling Rs 160 billion were launched in March 2018, fifth most in a calendar month

What is a shell company? Govt mulls watertight rules to fix irregularities

'shell companies' -- a term generally used for companies that are set up for financial manoeuvre only or are kept dormant for some future use

FPIs pull out $2 bn in just 8 trading sessions as crude, G-sec yields rise

According to Prabhudas Lilladher CEO Ajay Bodke, there has been a heightened risk aversion as markets are watching with caution the outcome of key developments related to US-Iran and Karnataka polls

RBI's net buying of dollar from spot market declines in March to $996 mn

In the forward dollar market, the outstanding net forward purchase at the end of March was $20.85 billion

Market ends 620 points up for the week despite Karnataka poll anxiety

The market reaped weeks gains on sustained fund buying by domestic institutional investors lifted by encouraging earning results

Mukesh Ambani's Reliance Jio tariff pulls down shares of telecom companies

Bharti Airtel fell 6.4 per cent, while Idea Cellular plunged nearly 12 per cent, the most in a decade, on fears that Jio's new plan will erode revenues and margins

Benign US inflation buoys market to 3-month high; rate hike fears ease

Sensex has gained in six of past seven weeks

Hero-Burman's accepted bid for Fortis Healthcare a win-win

Fund infusion without any clauses at higher end of all bid valuations is key

Jindal Steel and Power stock falls 2.3%: Power segment blip spoils Q4 show

Expectation of better performance from the power segment was building in the backdrop of rising merchant (short-term) power tariffs and demand of late

MARKETS ON FRIDAY: Sensex ends 289 points higher ahead of Karnataka polls

The markets ended higher on Friday ahead of the Karnataka Assembly elections

Pharma shares under pressure;Glenmark hits 52-week low, Sun Pharma falls 6%

Marksans Pharma, Ajanta Pharma, Morepen Lab, Alkem Laboratories, SPARC and Aarti Drugs were down in the range 3% to 4% on the BSE.

$19-bn fund's contra advice to investors: Go against crowd voice on polls

If stocks start to rise on expectations of a stable administration, investors must book profit and re-enter should the results confirm the outcome, said Nilesh Shah

How Myanmar's Kyaukyu fishing port could become a $10 bn Chinese debt bomb

The investment plan -- seven times the cost of Chinese-built ports in Sri lanka and Cameroon -- has put Kyaukpyu at the center of a debate in Myanmar and across Asia

Paint stocks rise after Asian Paints posts good Q4 results

Asian Paints and Berger Paints surged 6%, while Shalimar Paints and Kansai Nerolac Paints up 4% on the BSE.

Ujjivan Financial hits 52-week high post Q4 results

The stock hit a 52-week high of Rs 432, up 7% on the BSE after the company reported consolidated net profit at Rs 649 million in March quarter against Rs 194 million in year ago quarter

RJio new postpaid plan effect; Idea hits 52-week low, Airtel down 6%

Bharti Airtel dipped 6% to Rs 388 on the BSE, while Idea Cellular hit a fresh 52-week low of Rs 53.45, slipped 8% in intra-day trade.

Fortis Healthcare falls 4% as board opts for Munjal-Burman offer

The stock had outperformed the market by surging 24% from its recent low of Rs 123 on March 28, 2018, against 7% rise in the S&P BSE Sensex till Thursday

Ingersoll-Rand (India) zooms 20% on special dividend of Rs 202 per share

The record date for the payment of the special dividend is May 25, 2018 and the dividend will be paid on June 8, 2018.