Page 3060 - Markets News

Galaxy Surfactants shares gain 17% on debut, close at Rs 1,730 apiece

At Thursday's close Galaxy Surfactants had a market cap of Rs 60 bn

CAG seeks Sebi explanation on losses due to long-term capital gains benefit

Besides, the CAG has sought details of the manipulators

Bond yields fall on rate status quo hope; Rs 110 bn bond auction on Friday

The yields on the 10-year bond closed at 7.47 per cent on Thursday, down from its previous close of 7.53 per cent

Markets rebound 1% after seven sessions of losses; Infosys, HDFC gain

Despite weak global cues, the market traded positive through the day, as calm returned after a week and volatility subsided

Galaxy Surfactants ends 14% up against issue price after quiet debut

The stock moved higher to Rs 1,674, up 13% against its issue price of Rs 1,480 after listing at Rs 1,520 on BSE.

Sensex ends 330 pts higher, Nifty above 10,550; IT, pharma, realty gain

All that happened in the markets today.

Bharat Forge hits record high on strong Q3 results

The stock hit an all-time high of Rs 764, up 8% on BSE after the company reported a strong 77% growth in its standalone net profit at Rs 2.3 billion for the quarter ended December 2017

Pharma shares in focus; Cipla, Sun Pharma surge over 5%

At 02:59 PM; Nifty Pharma index, the largest gainer among sectoral indices, was up 3.6% as compared to 1.01% rise in the benchmark Nifty 50 index

HeidelbergCement India surges 12% on strong Q3 results

The stock surged 12% to Rs 168 on BSE in intra-day after the company reported net profit of Rs 318 million in Q3FY18 against net loss of Rs 36 million in year ago quarter

HEG erases three-week loss in two days by surging 37% ahead of board meet

The stock surged 15% to Rs 3,045, extending its Wednesday's 20% rally ahead of board meeting today to consider either the interim dividend or proposal for buy back of equity shares.

Ashok Leyland, Shakti Pumps, Zydus Wellness, Jubilant Life hit 52-week high

Excel Industries, FDC, Polaris Consulting & Services, Hinduja Global Solutions and Inox Leisure too hit their respective 52-week highs on BSE on Thursday.

Stock market correction: Investors should opt for large-cap and debt funds

Large-cap funds, dynamic asset allocation and debt funds (credit funds) are the three suitable picks to invest in at this point of time. Also, one should continue with their SIPs

FDC hits 52-week high as board approves buyback; strong Q3 results

The stock hit a 52-week high of Rs 280, up 10%, extending its previous days 6% surge, after the board approved buyback proposal at a price of Rs 350 per equity share through tender offer.

Cipla gains 7% on healthy operational performance in Q3

The stock surged 7% to Rs 608 after the EBITDA margins in December quarter improved to 20.9% from 18.6% in year ago quarter and 19.7% in previous quarter.

Nifty outlook and top trading ideas by Prabhudas Lilladher for today

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

Asian shares near six week low as US bond yields creep up near 4-yr high

With prospects of rising interest rates around the world, triggering a massive sell out of equities, investors fret that low borrowing cost might be endangered by inflation

New products, Interceptor INT and Continental GT to be key for Eicher

Higher volumes crucial for sustaining rich stock valuations

Market rout weighs on net asset values of most mutual fund schemes

Barring ITC, all other stocks with highest exposure have seen a drop in their stock prices between 4% and 9% this month

Supreme Court cancels Goa iron ore mining leases due to hasty renewal

The apex court had directed the state government to grant fresh licences in accordance with mining laws

Cipla stands out in a gloomy sector as revenue swells 15% to Rs 16 bn

Improving prospects of US business to drive the company's earnings