Page 3057 - Markets News

Sensex ends up 295 pts, Nifty above 10,500; Realty, Pharma, Metals gain

All that happened in markets today.

L&T Technology Services hits new high; stock zooms 56% post Q3 results

The stock hit a new high of Rs 1,547, up 18%, rallied 56% from Rs 989 since January 18, 2018 as compared to 2.7% decline in the S&P BSE Sensex.

Tata Steel surges 5% on strong Q3 results

The stock up 5% to Rs 718 on BSE in noon deal, extending its Friday's nearly 2% gain after the company reported nearly five-fold jump in a consolidated net profit of Rs 11.35 billion in Q3FY18.

Vakrangee up 5% as board approves capital allocation for buyback, dividend

The stock up 5% at Rs 212 after the board approved the current one time capital allocation policy with Rs 13.72 billion to be utilized through share buyback, dividend payout and re-invest in business

Vakrangee hits 5% upper circuit after falling 62% in nine trading days

The stock locked in upper circuit of 5% at Rs 202, recovering 10% from its early morning low of Rs 183 on BSE

Kitex Garments falls 15% on weak Q3 results

The stock dipped 15% to Rs 246 after the company reported 45% YoY decline in its net profit at Rs 176 million for the quarter ended December 2017.

Apcotex Industries zooms 20% as Q3 profit rises more than double

The hit a record high of Rs 562, up 20% on BSE, after the company reported net profit of Rs 133 million in Q3FY18 against Rs 50 million in a year ago quarter.

Amara Raja Batteries surges 8% as Q3 profit beats estimate

The stock surged 8% to Rs 860 on BSE in intra-day trade after the company reported a better than expected 17% growth in net profit at Rs 1.98 billion in Q3FY18.

Bank of Baroda rallies 7% on improved operating performance

The stock rallied 7% to Rs 166 on BSE in intra-day trade on back of heavy volumes

Singapore Exchange falls most in nine years amid India futures spat

India's exchanges have decided it's in their "business interest" to stop offshore trading of products linked to their indexes to ensure that liquidity stays in the country: Ajay Tyagi

ONGC up 3% post December quarter results

The stock was up 3% at Rs 195 on BSE in early morning trade after reported a strong operating performance led by higher gas volume and oil realization for the quarter ended December 2017.

This is a wake-up call for investors to exit developed markets: Jan Dehn

Jan Dehn tells Puneet Wadhwa that he remains bullish on India and suggests investors buy equities on any correction

Lupin, Dr Reddy's, Glenmark and Taro see up to 40% decline in the US sales

Except a few, large pharmaceutical players see up to 40% decline in the US sales

Singapore Exchange may go for GIFT connect for strong India play

The move has hit the Singapore bourse hard as the 'SGX Nifty' is currently one of the most-traded contracts on its platform

Top 15 cities' share in MF assets under management dips by 250 bps in 2017

The capital of Tamil Nadu saw its share in the mutual fund AUM rise by 200 bps in 2017

Half of BSE 500 stocks below their 200-DMA after recent sharp sell-off

Sequent Scientific and Bank of Maharashtra are among the stocks that are trading more than 30 per cent discount to their 200-DMA

Street signs: Aster DM trades at 35% premium, CIL bucks the trend, and more

The turbulence in the market notwithstanding, shares of Aster DM Healthcare are commanding a 35 per cent premium in the grey market

Here's why the new order by Indian bourses may spook foreign investors

India's three main stock exchanges said Friday they would stop licensing products and data to foreign exchanges to prevent trading from migrating overseas

Gold funds losing sheen? Investors pull out Rs 6.79 bn in 10 months of FY18

Amid exodus, Gold ETF AUM plunged over 15% during the first 10 months to Rs 49.06 bn, against Rs 56,70 bn a year earlier; a sixth of the total outflow, or Rs 1.1 bn, came in January alone

TCS was top loser as 10 most valued firms shed Rs 1 trn in m-cap last week

HDFC Bank's valuation dropped Rs 249.3567 billion to Rs 4802.06 billion