Page 3154 - Markets News
WPIL zooms 20% on promoter stake buy
The stock trading at its 52-week high of Rs 721, rallied 38% in past two weeks from Rs 523 on October 28, against 3% rise in Sensex
 "WPIL zooms 20% on promoter stake buy")
Unichem Labs hits record high; stock soars 30% in one week
The stock hit a record high of Rs 339, up 12%, extending its past four days rally on the BSE.
 "Unichem Labs hits record high; stock soars 30% in one week")
ICICI Bank hits 33-month high; market-cap crosses Rs 2-lakh crore
The stock surged 6% to Rs 317, its highest level since March 3, 2015 on the BSE
 "ICICI Bank hits 33-month high; market-cap crosses Rs 2-lakh crore")
New India IPO is reasonably valued: Should you invest now?
Market leader, with strong foothold in segment and healthy opportunity, to improve financials
 "New India IPO is reasonably valued: Should you invest now?")
Asia shares at 10-yr high on strong economy, oil gains
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6%, led by 1.1% gains in South Korea
 "Asia shares at 10-yr high on strong economy, oil gains")
Bharti Airtel hits over 10-year high as Q2 operating profit beats estimates
The stock surged 7% to Rs 534 on the BSE, its highest level since October 18, 2007
 "Bharti Airtel hits over 10-year high as Q2 operating profit beats estimates")
Bharti Airtel shares at highest level in nearly a decade
Gains as much as 4.8% in intra-day trading to the highest since December 2007 as company exceeds Q2 net profit estimates
 "Bharti Airtel shares at highest level in nearly a decade")
Syndicate Bank surges 14% post September quarter results
The stock surged 14% to Rs 94 on the BSE in early morning deal, trading close to its 52-week high of Rs 94.90 touched on May 9, 2017 in intra-day trade
 "Syndicate Bank surges 14% post September quarter results")
Bharti Airtel: This is why bulls still have a reason to stay put
Non-India mobile business helps report better-than-expected performance
 "Bharti Airtel: This is why bulls still have a reason to stay put")
No sign of bearish trend reversal in short term for Nifty: HDFC Securities
Nifty outlook and technical calls by Devarsh Vakil & Vinay Rajani - PCG Desk, HDFC Securities
 "No sign of bearish trend reversal in short term for Nifty: HDFC Securities")
Nifty outlook and key trading ideas by Prabhudas Lilladher
Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
 "Nifty outlook and key trading ideas by Prabhudas Lilladher")
Mahindra Logistics IPO subscribed 48% on the first day
The retail portion was subscribed 76%, while that of institutional investors subscribed 35%
 "Mahindra Logistics IPO subscribed 48% on the first day")
Dr Reddy's prospects hinge on FDA clearances
Non-US geographies grow well in Q2; cost controls support profitability
 "Dr Reddy's prospects hinge on FDA clearances")
Sensex logs first fall in 7 sessions
The Nifty also came down from record, but managed to close above 10,300
 "Sensex logs first fall in 7 sessions")
Markets gain over 6% in October, log best month since March 2016
Across-the-board gains were seen in October, with the small- and mid-cap indices outperforming and all sectoral indices ending with gains
 "Markets gain over 6% in October, log best month since March 2016")
Sebi speeds up adjudicating proceedings to clear backlog of cases
Finance Bill 2017 has helped in fast-tracking of cases as it cleared the ambiguity regarding the discretionary powers of Sebi
 "Sebi speeds up adjudicating proceedings to clear backlog of cases")
Today's picks: 1st November, 2017
Nifty, Bank Nifty, ONGC, NTPC and Hindalco
Syndicate Bank Q2 profit up 28%
The net NPA too increased to 5.76% from 5.03%
New PPF-NSC rules to hit NRIs
You might have to close these accounts if you move abroad for a year or two. Those already abroad will be paid a lower interest rate since the date of turning non-resident
 "New PPF-NSC rules to hit NRIs")
IDBI Bank expects balance sheet stability by March 2019
IDBI Bank posted a net loss of Rs 198 crore in the quarter ended September (Q2)
 "IDBI Bank expects balance sheet stability by March 2019")