Page 3152 - Markets News

TeamLease Services surges 17% on strong Q2 results

The stock surged 17% to Rs 1,949, also its record high on the BSE, after the company reported consolidated net profit at Rs 17.4 crore in Q2FY18 against Rs 8.8 crore in Q2FY17.

Axis Bank hits 52-week high on fund raising plans

The stock hit a 52-week high of Rs 550, up 4% on the BSE after Axis Bank said its board will meet on Friday, 10th November 2017 to consider fund raising plans.

Bharti Airtel trades lower after block deals

The Qatar Foundation Endowment is likely sell up to 199.9 million shares, comprising a 5% stake, in Bharti Airtel on Wednesday, report

Nifty likely to correct towards 10,200-10,250: HDFC Securities

Nifty outlook and key trading ideas by Devarsh Vakil & Vinay Rajani - PCG Desk, HDFC securities

Top technical calls for today's trade: Buy ITC, Infosys, Future Consumer

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

Crude oil price rise spells bad news for India

Better technology has led to soaring shale production. But, shale costs much more and Opec tried to drive less efficient shale out of business by keeping production high

Bond yields rise on crude shock

The 10-year bond yields have risen from 6.41% in July to 6.93% now even as the RBI cut its rates once in August

ICICI Bank plans IPO of broking arm

Third IPO from the group after ICICI Prudential Life and ICICI Lombard

IDBI Federal hires JPMorgan for sale of promoters' stake

IDBI Bank, which owns 48% stake in life insurance entity, has been under stress due to rising NPAs

BHEL trips on higher incidental costs

Other expenses, mainly provision for wage hike and project-costs, doubled in Q2

Cipla's consistent margin gains stand out

Sales growth, benefits from operating leverage led to an in-line performance

ICICI Pru Life turns to IT, pharma after risky telecom bet payoff

Analysts say Jio's surprise decision to raise tariffs last month signals an end to the competitive price-cutting war

Asset mobilisation through NFOs at 9-year high

Industry players say, currently, investors prefer existing funds with a reasonable performance track record over new scheme launches

Market capitalisation: Investor wealth falls Rs 1.78 lakh cr as stocks tank

The 30-share BSE index tanked 360.43 points to close at 33,370.76

Indices end 1% lower: Sensex down 360 pts, Nifty at 10,350; Lupin tanks 17%

All that happened in the market today

Lupin tanks 17%, hits over 3-year low as USFDA issues warning letter

The stock tanked 15% to Rs 880 on the BSE, trading at its lowest level since January 1, 2014.

Wheels India zooms 20% as Q2 profit more than doubles

The stock zoomed 20% to Rs 1,970, also its all-time high on the BSE.

4 PSU stocks that rallied over 60% in one month; KIOCL zooms 118%

STC India, Hindustan Copper and MMTC were up more than 60% in past one month

Nifty IT index hits 52-week high; TCS nears record high

HCL Technologies, Infosys, Wipro and Tech Mahindra were up in the range of 1% to 3%, in otherwise subdued market

ONGC, Oil India gain up to 3% as oil prices rule at highest since 2015

Oil India hits a 52-week high of Rs 382, up 3% on the BSE. While, ONGC rallied 3.5% to Rs 205.50 extending its past one month 16% surge on the BSE.