Page 3015 - Markets News

MARKETS ON THURSDAY: Indices end lower, Nifty below 10,700; IT stocks fall

Benchmark indices declined on Thursday, dragged down by IT and pharma stocks

TeamLease Services hits record high; stock surges 50% in two months

The stock hit a record high of Rs 3,042, up 12% on the BSE, surpassed its previous high of Rs 2,948 touched on April 25, 2018 in intra-day trade.

PC Jeweller turns volatile on reports of CBI arresting its owner

The stock hit fresh 52-week low of Rs 95 in intra-day trade, bounced back 34% to Rs 127 in early noon deal, trading 7% lower at Rs 103 on the NSE at 12:25 pm.

Axis Bank ratings unaffected by sharp rise in non-performing assets: S&P

The sharp rise in bad loans is part of a balance sheet clean-up exercise underway in the Indian banking system, the agency said in its report

Top trading ideas for today's trade: Buy Bajaj Finserv, HDFC

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

HCC, Siemens, Mahanagar Gas, Suzlon Energy, Idea Cellular hit 52-week lows

Bharat Electronics, CPCL, DCM Shriram, Allcargo Logistics, Siemens, Sintex Industries, Uco Bank and Syndicate Bank were among 22 stocks from the BSE500 index hit 52-week lows

HCL Technologies falls 12% in two days on weak FY19 revenue guidance

The stock dipped 7% to Rs 924 in early morning trade, extending its Wednesday's 5% fall on the BSE.

Airline stocks fall on weak InterGlobe Aviation results; IndiGo tanks 18%

SpiceJet (down 9% at Rs 120) and Jet Airways (down 6% at Rs 556) were down more than 5% as compared to 0.16% decline in the S&P BSE Sensex at 09:55 am.

Biocon dips 4% on seven USFDA observations for Bengaluru drug facility

The stock dipped 4% to Rs 634 on the BSE in early morning trade.

Rising economic tide doesn't lift all boats, Indian market veteran cautions

While India's market value has nearly doubled over the past five years, to $2.3 trillion, there aren't many companies with significantly sized earnings

Kotak Mahindra Bank provides biggest boost to Sensex gains

Sales for Maruti Suzuki, the country's biggest carmaker, climbed 14 percent last month

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.

Fortis Healthcare shares jump to 6-week high after IHH raises bid

India's fraud watchdog and market regulator have since started investigations to see if there were any financial irregularities at the company

BSE board likely to discuss charges against chairman Sethurathnam Ravi

Sources say the board is likely to be apprised about the case and the role of the chairman in the said matter

Markets can sustain at current levels if earnings deliver, says UTI MF VP

The consumer discretionary sector has seen steady growth and is likely to continue

Multi-year high margins lend comfort to Dabur; demand and sales to rise

Even as advertising spend was benign and aided margins, Dabur gained market share in 70-75 per cent of its domestic portfolio

Sebi disposes off show-cause notice against ex-official of FTIL

Vaidyalingam was holding managerial position in MCX, FTIL and NSEL from May 2005 to June 2012

After banks and equity players, DSP, Mirae join race for IDFC AMC

It is not yet clear if DSP and BlackRock will enter a non-compete agreement if a split in their joint venture materialises

MARKETS ON WEDNESDAY: Indices end flat; IT, metal stocks among top losers

Benchmark indices ended flat Wednesday after a choppy session dragged by losses in the metal and IT indices.

Midcap, Smallcap stocks under pressure; PC Jeweller plunges 29%

Ruchi Soya, Arshiya, Century Textiles, SAIL, Repco Home Finance, Just Dial, Jet Airways, Rane (Madras), Ashapura Minechem and Jindal Polyfilms were down in the range of 5% to 10%.