Page 3157 - Markets News

Margin topping adds to Jubilant FoodWorks show

Company more selective in opening outlets and sweating existing ones to boost same-store sales growth

How sustainable is the PNB stock rally?

Interest has increased in last 3 days, leading to 63% gain in the stock

Markets, PSBs extend rally

Select public sector banks (PSBs), construction and metal firms continued to report gains on optimism triggered by the government's stimulus package

Markets are discounting BJP victory in Gujarat elections

Between now and the general elections (likely in May 2019) there are 12 assembly polls, which analysts say, in a way will also be interpreted as a referendum on the Modi-led government's key reforms

NLC India's 5% stake sale subscribed 2.1 times, govt set to raise Rs 750 cr

The stake sale is part of the govt's efforts to raise a total of Rs 72,500 cr in FY18

Dow advances at open; Celgene holds back S&P, Nasdaq

Technology giants Alphabet, Amazon, Microsoft and Intel report after the bell

RCom shares continue to fall, end 4% lower

RCom plans to shut down its loss-making wireless telephony business by November 30

Govt raises Rs 710 cr by divesting 5% in NLC India

Offer for sale of 76.4 mn shares saw bids for 165 mn shares

Indices end at record closing high; Nifty settles Oct expiry above 10,300

All that happened in the market today

5 non-A group stocks zoom over 100% in October; Sanwaria Consumer up 167%

Sanwaria Consumer, Shree Ganesh Biotech, Polo Queen Ind, Avon Lifesciences, and Shiva Granito have seen their market value zoomed in the range of 140% to 210% in October

BSE PSU index hits highest level since December 2010; SAIL, BHEL up over 8%

Engineers India, NLC India, IFCI, Union Bank, NMDC, IDBI Bank, Corporation Bank and PNB were up in range of 5% to 8% on the BSE

RCom shares fall 5% as the company plans to shut down 2G operations

After a weak opening, shares of the company further lost 4.55 per cent to Rs 15.70 - 52-week low - on BSE.

Nifty PSU Bank index pares gains to fall over 1%; Canara Bank down 4%

Nifty PSU Bank index rallied 8% to 4,335 in early morning trade, extending its Wednesdays' 30% surge on the NSE

L&T up 3% on order win of Rs 3,551 crore

L&T was trading at Rs 1,236, up 2.6% on the BSE, as compared to 0.31% decline in the S&P BSE Sensex at 10:40 AM

Polaris Consulting zooms 20% on delisting plan; stock hits 16-year high

The surged 20% to Rs 291 after the company said its board will meet on October 31, 2017, to consider proposal of voluntary delisting of the equity shares

Market view: Nifty faces resistance at 10,350 levels

Trading calls and market view by Vaishali Parekh of Prabhudas Lilladher

Govt bank stocks on fire after recapitalisation plan

Nifty PSU banks index jumps a record 30%; m-cap of these stocks zooms to Rs 1.2 lakh cr; Sensex crosses 33k-mark

Churn begins among senior-level executives in property funds

Even domestic fund managers have also seen a churn in recent weeks

Panaya deal, new CEO, guidance: Analyst views on Infosys Q2 results

Contrary to expectation, Infosys remained did not name a new chief executive officer (CEO) and gave a clean chit to former CEO, Vishal Sikka on Panaya deal

Optimism on PSU banks justified, but selectively

Brokerages bullish on SBI, PNB & BoB, though some feel rally may subside as earnings take centre stage