Page 3064 - Markets News

Sonata Software hits new high; stock zooms 20%

In past three months, the stock rallied 82% against 3.7% rise in the S&P BSE Sensex.

NCC surges 9% on strong Q3 results

The stock rallied 9% to Rs 130 on BSE after the company reported 72% year on year growth in net profit at Rs 1,004 million in Q3FY18.

ACE, Mastek, Nitco,Precision Wires from BSE Smallcap index hit 52-week high

Pancea Biotech, Firstsource Solutions, J Kumar Infra, Lumax Auto, Shriram EPC and Zydus Wellness were among 10 stocks from the BSE Smallcap index hitting their respective 52-week highs.

LTCG tax won't impact National Pension Scheme investments: PFRDA chairman

However, it will have an impact on tier II accounts, also known as non-pension account, he said

Basmati rice stocks rally; KRBL up 8% on fund buying

Kohinoor Foods, KRBL and LT Foods were up 8% to 15% on BSE in intra-day trade.

Top trading ideas for today's trade: Buy Bharat Forge, UPL ltd

Nifty outlook and technical calls by Devarsh Vakil & Vinay Rajani - PCG Desk, HDFC Securities:

PSU banks trade weak after RBI's new NPA resolution

Nifty PSU Bank index, the largest loser among sectoral indices, was down 2% at 3,402, as compared to 0.5% decline each in Nifty Bank and Nifty Private Bank index at 09:47 AM.

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.

Securities Appellate Tribunal defers Sebi- Price Waterhouse hearing

On January 10, Sebi banned PW from providing audit services to listed companies and market intermediaries for two years for its alleged involvement in the Satyam fraud case

GAIL Q3 results: LPG, gas transmission segments witness strong traction

Most segments, including gas transmission, marketing, LPG, and hydrocarbons, registered robust volume growth

PF body proposes decreasing administrative charges for employers

The EPFO has proposed to decrease the administrative charges to 0.50 per cent from 0.65 per cent of the worker's monthly income that goes as employer's share

Today's picks: From Tata Steel to BPCL, hot stocks to watch on Wednesday

Nifty, Bank Nifty, Tata Steel, BPCL, Power Grid

Wheat crop faces weather setback in Madhya Pradesh and Gujarat

Chilly weather later in the season is good for wheat but the hailstorm proved to be a dampener

Thermal power plants under stress on rising coal, freight costs

Icra expects a partial pass-through by private IPPs with a competitive bid based PPAs for the balance coal-based generation

Another equity sell-off by March, says Nader Naeimi of AMP Capital

The plan is to buy in the second leg down, usually it's best to wait for the markets to build a base before committing heavily back into the buy side

January equity redemptions spurt over talk of LTCG tax in Budget 2018

According to industry expectations, speculations over the government's decision to alter the capital gains tax framework could have prompted some investors to redeem their units

Sebi's new rules on categorisation: 20% MF scheme names to be changed

Industry says this will affect brand recall of popular schemes

PE/VC investments double to $3.5 bn in January amid large deals: EY Report

The report showed that the first month of 2018 also recorded 26 exits worth $970 million

Markets closed on account of Mahashivratri

On Monday the S&P BSE Sensex ended at 34,300, up 295 points while the broader Nifty50 index settled at 10,540, up 85 points

UPL: Q3 correction may be a good entry point as prospects remain firm

UPL's management had already cut growth guidance to 8-10 per cent