Page 3053 - Markets News

Gitanjali tanks 20% for second straight day; PNB hits fresh 52-week low

PNB hit a fresh 52-week low of Rs 123 on BSE in intra-day trade, falling 23% in past three trading sessions from Rs 162 on Monday.

PNB detects $1,772 million fraudulent transactions; stock slips 7%

The stock slipped 7% to Rs 150 after the state-owned bank said that it had detected some fraudulent and unauthorised transactions worth about Rs 1.13 trillion ($1771.69 million approx).

Motherson Sumi falls 12% in three days post December quarter results

The stock dipped 6% to Rs 321 in intra-day trade, extending its past two days 6% fall on BSE.

Slowdown on the horizon: Why does inflation make stock prices fall?

Inflation is defined as the rate of change in the prices of everything from a bar of Ivory soap to the costs of an eye exam

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.

Derivative Strategy for Manappuram Finance by HDFC Securities

Derivative Strategy for Manappuram Finance by Devarsh Vakil & Nandish Shah - PCG Desk, HDFC Securities:

Oil prices up as dollar sags near 3-year low; many Asian markets on holiday

Opec and non-Opec producers are restraining production by a total 1.8 million barrels per day to prop up prices under a deal that is to expire at the end of 2018

Today's picks: From Airtel to Hindalco, hot stocks to watch on Friday

Nifty: Stop-long positions at 10,475. Stop-short positions at 10,630. Big moves could go till 10,425

Axis AMC to venture into realty funds, hires Balaji Rao as business head

It has hired real estate funds veteran Balaji Rao to head the business and build a core team of eight to 10 people in the investment and asset management verticals

Aster DM Healthcare's Rs 9.8-billion IPO gets lukewarm response

The price band for the IPO is Rs 180 to Rs 190 per share

Sebi suspects price rigging by PSBs, examines stock trading pattern

Sources said the government raised the issue of declining share prices of top PSBs, despite providing capital to revive growth

In consultation with MCA, Sebi makes headway in framing crowd-funding norms

Mandatory registration, KYC requirement for investors and exemption from private placement norms to be key features of the framework

Aster DM Healthcare Rs 9.8-bn IPO subscribed 1.33 times on final day

The objects of the issue are to repay certain borrowings of Rs 5.64 billion and to purchase medical equipment worth Rs 1.10 billion

Sensex ends around 34,300 mark; Nifty near 10,550; PNB crashes 13%

All that happened in the markets today.

Repco Home Finance nears 52-week low post Q3 results

The assets quality of the company worsens sequentially with the gross non-performing assets (NPAs) rose to 3.7% as of Q3FY18 against 3.4% as of Q2FY18

Unichem Labs falls 9% as stock trades ex-share buyback

The stock dipped 9% to Rs 344 on BSE in intra-day trade after the stock of pharmaceutical company turned ex-share buyback today.

Shree Cement gains on commencement of new cement grinding unit

The stock has moved higher by 4% to Rs 17,550 on BSE in noon deal after the company announced that it has commissioned new cement grinding unit in Rajasthan.

Uniply Industries hits record high on strong Q3 results; 1:5 stock split

The stock hit a record high of Rs 477, up 6%, extending its past two days 10% surge on BSE.

De Nora India hits new high; stock zooms 110% in three weeks

The stock hit a new high of Rs 589 rallied 110% from Rs 280 on January 25, 2018, as compared to 4.6% decline in the S&P BSE Sensex.

Nestle India gains 5% on healthy December quarter results

The stock surged 5% to Rs 7,645 on the NSE after the company reported 59.5% YoY growth in net profit at Rs 3,118 million in December 2017 quarter.