Page 3075 - Markets News

Nifty 10,025 will be the last level of reliable support for the bull market

It is too early to judge if this is a big trend reversal or merely a short-term correction

Aster DM Health IPO subscribed 26% on first day of the issue

The IPO comprises fresh issue of equity shares worth up to Rs 7.25 billion

Ten years of Anil Ambani-led Reliance Power listing: All you need to know

The company's stock performance left the Street wondering if it was over-priced

SGX shares fall 9% after Indian bourses rein in offshore trading

Over the past two decades, SGX has become the most popular way for foreign investors to bet on Indian equity indexes with Nifty futures tracking the NSE main index

Seniors seeking regular income should switch to debt funds from balanced

Younger investors who invested in balanced funds after understanding their risks and with a long-term horizon should continue to their SIPs in them

Indian market shows grit amid global collapse, slides least in sell-off

FTSE, DAX and CAC are down 6%, 5% and 3%, respectively. Nifty and Sensex, have slid 1.4% and 0.8%

Global sell-off: Money managers advise investors to add debt funds

Domestic investors poured 1.48 trillion rupees ($23 billion) into stock funds in the first 10 months of the financial year

Global futures association seeks talks with Indian exchanges; SGX down 7%

We believe that accessible markets are essential for the optimal growth and it allows customers to hedge their risks and manage their exposures: FIA

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