Page 3021 - Markets News

700% rally in 10 years and $100-bn m-cap, but TCS still lags among IT peers

TCS hit record of Rs 3,557 on the NSE in the intra - day deal, pushing market captialisation above the $100 billion mark.

Sensex, Nifty gain on earnings boost; TCS touches $100 bn in market cap

BSE Sensex rose 35 points to close at an over two-month high of 34,450.77, while the broader NSE Nifty finished at 10,584.70, up 20.65 points

RBI's mixed signals make bond markets jittery due to market volatility

Many traders say the RBI's reluctance to address markets outside of bi-monthly monetary policy announcements makes it difficult to read the bank's thinking

Has an invisible hand stepped in to support Indian sovereign bond market?

Traders are abuzz with speculation over the identity of the buyer or buyers behind the $862 million of purchases on Friday

Journey to $100 bn: TCS is world's 15th largest tech firm by market value

It is the eighth most expensive among top tech companies

Vehicle loans put Chola Investment in top gear; disbursement surges 55%

Q4 is a strong quarter for the rural-focused companies such as Chola Investment in terms of recoveries

Market borrowings by states decline 5.6% to Rs 3.6 trillion in FY18

Higher cost of borrowing kills appetite, average yield on State Development loans rises by 6 bps

TCS becomes first Indian IT company to cross $100 bn in market-cap

In terms of market capitalisation, TCS has the largest market-cap and is ahead of companies like Reliance Industries, HDFC Bank, ITC, Hindustan Unilever

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.

Nifty outlook and top stock picks by Motilal Oswal Securities

Nifty outlook and top stock picks by Chandan Taparia, Derivatives & Technical Analyst, MOSL

MARKETS ON MONDAY: TCS market-cap hits $100 bn; Nifty ends below 10,600

Nifty closed at 10,585 levels. TCS market-cap hits $100 billion in intraday deals; but stock ends flat as investors book profit

Sebi proposes biometric check for stock trade via mobile app

The development comes against the backdrop of instances of cyber attacks on systems in different parts of the world including India.

80 stocks gain over 25% in Sensex's 2,000 points rally in past one month

Hindalco, National Aluminium, NIIT, Shakti Pumps, VIP Ind, PSP Projects, SSWL, D B Realty and TVS Electronics were among the S&P BSE Allcap index rallied in the range 25% to 75% in past one month.

Salasar Techno gains 8% on repeat order of Rs 350 million from Reliance Jio

The stock was trading at Rs 385,its highest level since listing on July 25, 2017, rallying 256% against issue price of Rs 108.

12 new IPOs to come up in June-quarter, analysts remain positive

After raising Rs 843.57 bn through IPOs in FY18, 12 new companies are planning to garner Rs 170 bn in the next two months including names like HDFC Asset Management

Bond investors dumbfounded after RBI's surprising tilt towards rate hike

The minutes add to a feeling of whiplash in the bond market that only last month rebounded from its longest rout in two decades amid a slew of supportive measures by policy makers

Nifty IT index surges 13% in April; TCS soars 25% in 16 trading days

TCS, HCL Technologies, Hexaware Technologies, KPIT Technologies, Mindtree, NIIT Technologies, Sasken Technologies and Tata Elxsi have hit their respective all-time highs.

Lemon Tree Hotels hits new high since listing; stock soars 30% in 3 days

The stock rallied 7% to Rs 89.80, extending its past two days 23% surge on BSE, after the company said its arm signed three management contracts in the state of Uttarakhand

What will be the impact of physical delivery of stock derivatives?

By forcing physical settlement, the distinctions between cash segment and F&O are being reduced

Sasken Technologies shares hit record high on strong Q4 results

The stock rallied 14% to Rs 860 after the company reported a strong 27.5% sequentially growth in consolidated net profit at Rs 259 million in March 2018 quarter.