Page 3046 - Markets News

Consumer demand, rural economy revival to propel Dabur India's prospects

Analysts estimate volumes to grow 8-9% in the near to medium term

Rupee stable at 65.17 against the US dollar amid Fed rate hike fear

Currency traders and speculators avoided taking huge positions ahead of the long weekend also the focus turned towards the second testimony by Fed's Powell

Despite bank fraud, this $40-bn fund manager finds India as surprise haven

'The extremely positive environment for investing in Indonesian banks or Brazilian consumers in 2010, 2011, 2012 -- that's where India could go in the next few years,' James Syme

IDBI Bank gains 8% in weak market

The stock surged 8% to Rs 80.75 with combined 63.61 million equity shares changed hands on the BSE and NSE.

Venky's (India) hits new high; stock zooms 1600% in two years

The stock hit a new high of Rs 4,530 in intra-day trade, rallied 69% in past seven trading days against 1.3% rise in the S&P BSE Sensex.

Fortis Healthcare trades flat despite poor December-quarter earnings

The company also reported its September quarter net loss at Rs 236.1 million

ICICI Bank trades lower for third straight day; hits over two-month low

The stock was down 2.7% to Rs 305 hit its lowest level since December 12, 2017 on the BSE in intra-day trade

Godrej Agrovet hits highest level since listing

The stock rallied 10% to Rs 667 on the BSE in early morning trade, was up 45% against issue price of Rs 460 per share

Ashoka Buildcon gains as JV emerges highest bidder for TOT project

Shares of Ashok Buildcon has surged 7% to Rs 235 after the JV between the company and Macquarie has emerged as the highest bidder for the first batch of toll-operate-transfer projects from NHAI.

What to make of US Fed chairman Jerome Powell's hawkish testimony

Powell said that his expectations for domestic economic growth have increased since the beginning of the year

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:

Global stocks slip after Fed Powell's remark, dollar near five-week high

Comments from the Federal Reserve's new chief rekindled fears about the pace of US monetary tightening this year, sending Wall Street tumbling

Near-term sales pressure for Bayer CropScience but growth may rise in FY19

Growth may pick up in FY19 on new products, normalising of inventory

Glenmark: Risk-reward turning favourable even as stocks hit 52-week low

Businesses in other geographies can drive growth, US challenges remain

WhatsApp refuses to share user-specific data with Sebi

The regulator could pursue the matter by moving court against WhatsApp, experts said

PNB shares bounce back; gain over 3% at close

The stock had plummeted over 12 per cent in the previous trading session, registering its fourth straight session of fall

Alteria Capital makes first close for $125-mn venture debt fund

There's a lot of interest from banks to invest in venture debt as it can offer 10-12 per cent in post-tax returns with potential equity upsides

Today's picks: From L&T to Zee, hot stocks to watch on Thursday

Nifty, Bank Nifty, UPL, Larsen & Toubro and Zee Entertainment

MFs' equity portfolio hit hard during February corrections

Stocks, including ICICI Bank, State Bank of India, Axis Bank, YES Bank and Indian Oil Corp, lost 9-15 per cent

Cholamandalam on firm ground aided by strong growth, decline in bad loans

The main growth driver for Cholamandalam was its vehicle finance business