Page 3007 - Markets News

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.

Rupee hits fresh 15-month low of 67.32; macro headwinds, crude oil hurt

The rupee crumbled to a fresh intra-day low of 67.44 in mid-morning deals before staging a spirited recovery

Impact of DTAAs, GAAR: Mauritius, Singapore FPI share shrinks to 25%

Collective share in FPI assets at 25%, from 29% a year before

PC Jeweller board approves buy-back of shares worth Rs 4.24 billion

The buy-back of 1.21 crore shares comprise 3.07% of the total paid-up equity capital of the company

Sebi scouts for tenants in new Bandra-Kurla Complex property

Sources say the new building has a carpet area of 200,000 sq ft office space and super built up area of 321,000 sq ft

New governance norms: Sebi issues notification to split CMD post

Sebi said that a person will not serve as an independent director in more than seven listed entities

Nifty futures volumes on SGX decline 14% to 1.65 million in April

A total of 2.2 million SGX Nifty futures contracts were traded in February

Asian Paints' performance for Q4 offers some pleasant surprises

Price hikes and control over costs lead to highest gross margins in four quarters

Today's picks: From Tata Motors to Hindalco, hot stocks to watch on Friday

Nifty, Bank Nifty, Tata Motors, Indiabulls Housing and Hindalco - stocks to watch out for