Page 3042 - Markets News

Bajaj Electricals hits record high; zooms 111% in one year

The stock hit a record high of Rs 624, up 8.6% on the BSE in noon deal, surpassed its previous high of Rs 585 recorded on January 5, 2018 in intra-day trade

Investors withdraw Rs 7.7 bn from gold ETFs in FY18 so far on poor returns

In January, a net amount of Rs 1.1 billion was withdrawn from the instrument

Graphite India, HEG rise for second straight day, up 5%

Graphite India is locked in upper circuit for the second straight day, up 5% at Rs 709 on the BSE. HEG too up 5% at Rs 2,813, extending its previous day's 4.5% gain.

Bank of India gains 11% on reports of Rs 70-billion recovery worth SLOCs

The stock gained 11% to Rs 105 on the BSE in early morning trade on reports of the state-owned bank recovered Rs 70-billion worth Standby Letters of Credit (SLOCs) in the last two months.

Tata Sons sells 1.5% stake in TCS; stock falls 6%

The stock dipped 6% to Rs 2,872 on the National Stock Exchange after the promoter Tata Sons sold around 1.5% stake in information technology (IT) major through block deals

Nifty outlook and few trading ideas by Prabhudas Lilladher for today

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher.

Paytm to launch mutual funds, insurance, banking services via payments bank

The firm, owned by One97 Communications, is also providing the option to transact offline with a physical debit card

Andhra Bank stocks sink to 15-year low amid ED probe involving ex-director

The CBI had filed a complaint in the case last year in October

Sensex posts biggest single-day gain in over 20 months on global cues

Benchmark indices gain 1.8%, most in 20 months

Sebi asks Bata India to probe suspected earnings leak on WhatsApp

Bata's financial information circulated in WhatsApp groups "matched with the quarterly financial results of the company for 31st December 2015, says Sebi

Claris Lifesciences shares to delist from BSE on March 22

Promoter Arjun Handa has bought back shares from existing shareholders and now holds 96 per cent in the soon-to-be delisted entity

USL faces headwind as concerns over GST on extra neutral alcohol remain

While the stock has gained, analysts say investors should be cautious, given regulatory headwinds and valuations

Airtel stock: Valuations, ability to manage debt are investment arguments

Analysts at UBS said Airtel had defended its market share and had the spectrum, capacity and willingness to invest that hold the key to emerge as a winner once the dust settles

Shares of sugar companies fall by up to 75% due to a sharp fall in prices

Share price of Riga Sugar is down 74 per cent to Rs 10.2 since its peak of Rs 39.9 in April last year

India's equity market-cap to hit $6.1 trillion by 2027: Morgan Stanley

The research house also expects the market-cap of Asian equities (combined) to double to $56 trillion over the next 10 years

Use FMPs to tide interest rate volatility if you're okay with lock-in

Longer duration FMPs can give up to annualised 7.7 per cent returns

Bandhan Bank IPO: Short-term investors can easily avoid this 'tie-up'

Although the bank's business outlook seems strong, expensive valuations are the key issue, say analysts

Rupee rises by 13 paise to 65.04 on back of foreign fund inflows

The dollar index was trading at 90.01, down 0.09% from its previous close of 90.093

As Sensex gains 611 points, investor wealth surges by Rs 1.78 trn

The BSE mid-cap index ended higher by 0.76 per cent and small-cap index 0.56 per cent

Suzlon shares gain over 3% on bagging 75 Mw Maharashtra wind energy project

On NSE, shares of the company ended at Rs 11.35, up 3.18 per cent