Page 3019 - Markets News

Emami shares surge 7% on bonus issue plan

The board of directors of the company will meet on May 3, to recommend a dividend for the financial year 2017-18 and / or to recommend issue of bonus shares to the equity shareholders.

Sebi could make 'pre-trade' allocation mandatory in Indian markets

Pooled investors such as MFs or FPIs will have to state schemes under which they are acquiring shares

India Inx planning new platform to make buying shares of foreign cos easier

While the facility will not be directly open to onshore investors, there are structures through which domestic investors can get access to the proposed platform, said a source

As US 10-year Treasury yield hits 3%, nervousness grips Indian markets

The rupee on Wednesday tumbled to a 14-month low, while bond yields hardened and equities fell on continued pull-out by foreign investors from various asset classes

From ReNew Power to TPG, platforms gaining ground among PE investors

Large investors and Limited Partners (LPs), such as Canadian pension funds, are showing a preference for platform deals, while PE firms are putting together platforms which can provide them with easie

UltraTech Q4 net down 39% on one-offs, but core performance surprises

Higher volumes, realisation, improving capacity utilisation of JP's assets drive profitability

Analysts keep faith in Airtel despite lowest quarterly profit in 15 years

Analysts say the performance in the recently concluded quarter was more resilient relative to expectations

Strong support between 10,200 and 10,300 on Nifty

A fall below 10,200 would push the index below its own 200-DMA and suggest that this entire upmove was a 'dead-cat bounce'

Lower margins drag LIC Housing's Q4; analysts postive about coming quarter

The surge in developer loans, however, helped overall disbursements grow 14.5 per cent in Q4

Bharti Infratel-Indus deal positive but Vodafone-Idea overhang a concern

Valuations a tad in favour of Indus; impact of Voda-Idea merger suggests tenancies to remain under pressure

Top trading ideas for today's trade: Buy Bajaj Finserv, Sell India Cements

Nifty outlook and top trading ideas by Sacchitanand Uttekar, AVP - Technical (Equity), 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.

Sebi lifts market ban on 34 entities in Dhyana Finstock case

Violations of PFTUP (Prohibition of Fraudulent and Unfair Trade Practices) were not observed against these entities, the regulator said in an order

MARKETS ON WEDNESDAY: Indices end lower, Nifty below 10,600; Airtel up 3%

Benchmark indices edged down on Wednesday, paring gains of nearly 5% this month, as investors booked profits

Stock that rallied over 200% in 12 days

The stock locked in upper circuit for the 12 straight trading days, up 5% at Rs 120, rallied 208% from Rs 39 on April 9, 2018.

SBI Life Insurance, HDFC Standard Life Insurance hit new highs

SBI Life was up 2% to Rs 762 in intra-day trade on BSE, trading at its highest level since listing on October 3, 2017.

NBCC turns ex-stock split in the ratio of 1 for 1; shares up 6%

NBCC has fixed Thursday, April 26, 2018 as record date for determining the shareholders entitled for sub-division of equity shares of Rs 2 each into two equity shares of face value of Rs 1 each

Telecom shares in focus; Bharti Airtel shares rise 5%

Bharti Airtel shares were up 5% at Rs 425 per share, quoting higher for the seventh straight trading days on the BSE.

DCM Shriram plunges 13% on weak March quarter results

The stock plunged 13% to Rs 380 on the BSE after the company reported 68% year-on-year dropped in net profit at Rs 510 million in March quarter.

ICICI Prudential Life rallies 13% in two days post FY18 results

The stock was up 5% to Rs 438 in early morning trade, surging 13% in past two trading sessions on the BSE, after new business margin improved to 16.5% in FY18 from 10.1% in FY17.