Page 3087 - Markets News

Everest Industries hits record high on strong Q3 results

The stock hit a new high of Rs 637, up 9% on BSE after the company reported a net profit of Rs 94 million in Q3FY18 against loss of Rs 141 million in year ago quarter

Satyam accounting fraud: NSE mulls removal of audit firm Price Waterhouse

Exchange likely to take up the matter in its upcoming board meeting on Feb 2

Bharat Electronics gains on share buyback plan

The stock was up 2% at Rs 178 on BSE after the state-owned company said that its board will consider the proposal for buyback of shares of the company on January 30, 2018

PSBs trade mixed after Government unveils bank recap plan

State Bank of India, Punjab National Bank, Indian Bank and Bank of Baroda were trading lower by 3% on NSE at 09:36 AM

Banks remain a good structural bet: Gautam Duggad of Motilal Oswal

Banking sector is still a good structural bet and remains convinced about the underlying long term value migration in favour of private banks, says Gautam Duggad of Motilal Oswal

Investing in bitcoins? Beware, hedge funds are growing wary of crypto mania

Their caution is the latest sign of doubt among investors that the red-hot rise of bitcoin and its ilk is sustainable

Nifty breaches 11,000: Brace for a lot of volatility in the new zone

Traders can take the inverse position for a couple of sessions to try and profit from premium decay at settlement.

What is fueling IndiGo's profit? Things to look for in airline's Q3 results

Here are three things to look for in InterGlobe Aviation (IndiGo) results which will be announced later in afternoon

JLR's performance to blame? Why Tata Motors is off the radar for most FIIs

Shareholding of foreign institutions in Tata Motors that includes foreign institutional investors and American Depository Receipt (ADRs) holders has dropped to the lowest in eight quarters

Tata Consultancy Services' m-cap crosses Rs 6 trillion; shares gain 2.3%

TCS, Reliance Industries only 5% shy of becoming first to reach coveted milestone of $100 billion m-cap

IT heavyweights surge past buyback price

Most companies had announced a buyback over the last one year as the stocks underperformed the market

Equal mix between retail and wholesale assets is the future for RBL Bank

While the bank expects resolution on big-ticket loans by the next quarter, it remains cautious on its agricultural portfolio

Regulatory hangover continues to take toll on United Spirits in Q3

Change in distribution impacted volumes; firm working to cut costs

Stock picks from Prabhudas Lilladher: Sun Pharma, Exide, Apollo Tyres

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

Chart check: Trading strategies for ITC and Parag Milk

Trading ideas by Sacchitanand Uttekar, AVP - Technical (Equity), at Tradebulls

Sensex ends flat but at new closing highs; Nifty settles above 11050

All that happened in the markets today

Paushak locked 5% upper circuit as board approves share buyback proposal

The stock locked in upper circuit of 5% at Rs 1,480, also its record high on BSE, after the company's board approved the share buyback proposal at price Rs 1,700 per share through tender offer

PSU banks extend gains; Nifty PSU Bank index up 10% in six trading days

SBI, PNB, Syndicate Bank, Bank of India and Bank of Baroda were trading higher in the range of 1% to 4% on the National Stock Exchange.

Airtel and Idea stocks fall after Reliance Jio cuts tariffs

Shares of Airtel declined as much as 6.22 per cent to Rs 461.5 rupees on Wednesday, their lowest since October 18, 2017

Airtel vs Reliance Jio: Why Street continues to have faith in Bharti Airtel

Among other things, Bharti Airtel has maintained subscriber and revenue market share and stands to benefit when tariffs start to rise