Page 3009 - Markets News

Delivery-based volumes hit over eight - year low

Banking, refineries, information technology, telecommunications, pharmaceuticals and mining have seen a substantial fall in the average monthly delivery volumes from their March 2017 level

Nalco to cut aluminium cost by 25% after Utkal D block becomes operational

Opening of Utkal D block to cut aluminium making cost by $500 per tonne

Why diversified equity funds are outperforming

One possible reason may be the Nifty/Sensex are not constructed in a way that gives a truly representative picture of market movements

Novelis' record profit eases concerns about aluminium prices volatility

Parent entity Hindalco seen to continue benefiting as analysts see further improvement in Novelis' margins

Sports channels play the regional game as IPL season draws on

Star, Sony and Doordarshan are tweaking programmes and focusing on localisation to widen the audience and revenue base

Top trading ideas for today's trade: Buy Tata Motors, Amararaja Batt

Nifty outlook and top trading ideas by Sacchitanand Uttekar, deputy vice president - technical (equity) at Tradebulls

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

OMCs erase morning losses partially; HPCL rebounds 5% from day's low

HPCL, BPCL and IOC were down between 3% and 5% on the BSE in early morning trade, but recouped losses partially as trade progressed

MARKETS ON WEDNESDAY: Nifty ends at 10,742, Sensex up 103 pts; IT cos gain

The Nifty IT index ended higher led by a rise in the shares of Tata Consultancy Services, Tata Elxsi and HCL Technologies.

Firstsource Solutions hits highest level since January 2008; stock up 15%

The stock rallied 15% to Rs 74.20, extending its Tuesday's 3% gain on the BSE.

EID Parry hits 52-week low on disappointing Q4 results

The stock hit 52-week low of Rs 251, down 7%, after the company reported 87% y-o-y drop in consolidated net profit at Rs 405 million in March quarter.

Enkei Wheels surges 14% on stake buys by Blue Lotus Capital

The stock surged 14% to Rs 475, up 14% on the BSE, after Blue Lotus Capital Multibagger Fund bought 85,000 equity shares of auto ancillary company through open market.

Zenith Exports, SORIL Holdings, Sadhana Nitrochem zoom up to 400% in a month

Zenith Exports, SORIL Holdings and Ventures and Sadhana Nitrochem have seen their market price rallied by up to 400% in past one month.

Rupee at fresh 15-month low, plunges 37 paise to 67.45 against US dollar

Yesterday, the rupee gained five paise to 67.08 against the US currency on suspected RBI intervention and stray dollar demand

Bond yields up 7.65% after RBI revises open market purchase securities list

the benchmark 10-year bond yield was up 7 basis points at 7.65%, after earlier rising to 7.67%

Deccan Gold Mines zooms 20% after Supreme Court verdict on Hutti gold mines

In past three trading sessions, the stock has outperformed the market by surging 43% as compared to 1% rise in the S&P BSE Sensex.

Tata Motors up 4% after rise in JLR April retail sales

The stock moved higher by 4% to Rs 347 after JLR reported 11.9% y-o-y growth in total retail sales of 45,180 vehicles in April 2018.

HEG surges 9% on robust Q4 results

The stock rallied 9% to Rs 3,198 after the company reported net profit of Rs 6.34 billion in March quarter against loss of Rs 34 million in year ago quarter.

Be selective while investing in metal stocks, say analysts

From an investment perspective, analysts caution against the steep valuation at which some of these stocks are trading at.

Today's picks: From BPCL to Wipro hot stocks to watch on Wednesday

Nifty, Bank Nifty, Larsen & Toubro, BPCL, Wipro