Page 3024 - Markets News

Oil soars to 3-yr high as Saudi withholds supply, seeking $80-100 a barrel

Led by Saudi Arabia, OPEC and a group of other producers that includes Russia started to withhold output in 2017 to rein in oversupply that had depressed prices since 2014

UltraTech Cement commissions new plant in Madhya Pradesh; stock up 4%

The stock has moved higher by 4% to Rs 4,152 on the BSE.

Metal shares rally; Hindustan Copper, Hindalco, Vedanta up over 5%

At 10:53 am; the Nifty Metal index, the largest gainer among sectoral indices, was up 3.3% as compared to 0.39% rise in Nifty 50 index

Merck zooms 19% on open offer by Procter & Gamble Overseas India

The stock surged 19% to Rs 1,795, also its record high on the BSE after the Procter & Gamble Overseas India makes mandatory open offer at price of Rs 1,500.36 per share

Oil marketing companies slip 2% to 4%, HPCL, BPCL hit 52-week lows

HPCL, BPCL, Indian Oil and MRPL were down 2% to 4% on the BSE.

ICICI Bank chairman meets MF heads over succession plan, if Kochhar quits

Tells shareholders 'institution is bigger than any individual'

Automobile sector's Q4 show could offer signals about entire economy

Auto industry is a barometer of consumption demand

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.

One-third of 148 SME stocks listed in FY18 in red; 7 lost half their value

The SME segment has been grappling with issues such as lack of liquidity and lacklustre institutional participation

Aavishkar-Intellecap's Vineet Rai: Diary of an impact investor

Aavishkar has raised $95 million for its $200-million sixth fund

After 37% jump in FY18, analysts turn cautious on real estate sector

The huge outperformance in FY18, analysts say, was on account of implementation of the Real Estate (Regulation and Development) Act (RERA) and government's focus on affordable housing

Steel firms likely to see healthy growth in volumes, profitability in FY19

Analysts are bullish on improving volumes, realisations

Vedanta's Electrosteel buy is value-accretive; move to buoy earnings

Electrosteel's plants are relatively new and Vedanta can utilise their entire economic life

Shares of TCS end flat at Rs 3,159.50 ahead of quarterly earnings

The stock ended at Rs 3,159.50, down 0.20 per cent on BSE

Markets snap 9-day winning streak on late selling, fall in banking stocks

The broader Nifty ended 0.21% lower at 10,526.20, snapping its longest winning streak since late Jan 2015; HDFC Bank ended 0.8% lower, while Axis Bank ended 2.6% lower

MARKETS ON WEDNESDAY: Indices snap 9 sessions of gains; banking stocks drag

Benchmark indices ended flat on Wednesday, snapping 9 session of gains, as investors remained cautious on quarterly results.

BSE FMCG index hits new high; Godrej Consumer, Dabur, ITC up over 3%

In past two weeks, the FMCG index has outperformed the market by surging 7% after private forecaster Skymet said monsoon in India is likely to be normal

ITC trading higher for third straight day; stock up 6% in three days

The stock was up 4% at Rs 278 on Wednesday, trading higher for the third straight trading day on the BSE, on back of heavy volumes.

TCS Q4FY18 result preview: Here's what brokerages expect

Tata Consultancy Services (TCS) is likely to announce its results for the March quarter and full financial year 2017-18 (FY18) on April 19. Stay tuned for latest updates on TCS Q4FY18 results.

Retail investors miss rally in Midhani;stock zooms 74% against offer price

The stock hit a new high of Rs 151 in intra-day trade on Wednesday, rallied 73% against its offer price of Rs 87 per share to retail investors.