Page 3161 - Markets News

Sebi bans Swasata Steel Industries, 7 others from market

For at least four years in a case related to illegally raising Rs 12 crore from the public

Nifty ends at record high on negative market breadth, Sensex up 250 points

All that happened in Friday's trade

RIL Q2 earnings: Will Jio hit Reliance show? Here is what analysts say

Earlier in the June quarter, the company's consolidated net profit rose 28% (12.7% QoQ) to Rs 9,108 crore

Cyient hits 52-week high on strong FY18 outlook

The stock rallied 9% to Rs 569 on the BSE in intra-day trade after the company said it expect to deliver a double digit earnings growth in FY18.

Gujarat Borosil zooms 61% in four days on opening new facility

The stock hit a record high of Rs 135, up 18% in intra-day trade on the BSE, rallied 61% from Rs 84 on October 10, 2017.

Brokerage views on Bharti Airtel - Tata Tele deal

Analysts say the development is positive for both players as it not only provides an easy exit to Tata's from the loss making telecom venture, Bharti Airtel too will gain subscribers in the process

Option strategy on NALCO by HDFC Securities

Derivative Strategy pick by Devarsh Vakil & Nandish Shah of PCG Desk, HDFC securities:

PSBs recover from intraday lows; Bank of India, Andhra Bank up 2%

Bank of India, Indian Overseas Bank, Central Bank of India, Bank of Baroda, Oriental Bank of Commerce and Punjab National Bank recovered in the range of 2% to 5%.

Merger to give Airtel more subscribers, Tata Tele an easy exit: Analysts

By running the show, Tata Teleservices would have continued to bleed on the financial front. The deal will ensure further losses are arrested, they say

BSE Metal index hits 6-year high; Tata Steel, Jindal Steel hit 52-wk highs

Thus far in the current calendar year 2017, the S&P BSE Metal index rallied 42% against 21.5% rise in the Sensex.

TCS turns flat after gaining over 2%; brokerage views mixed post Q2

While revenue performance was in line with Street expectations, profits were ahead of analysts' estimates

Bharti Airtel, Tata Teleservices surge up to 10% on merger plan

Bharti Airtel rallied 7.5% to Rs 430 on the BSE in intra-day trade, TTML locked in upper circuit of 10% at Rs 4.86.

RIL's Q2 earnings: Focus to be on Reliance Jio numbers

Telecom venture performance will indicate how well the mega investment is paying off

Intraday resistance for Nifty seen at 10,140: Prabhudas Lilladher

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

Securitisation volumes down 20% in first half of FY18

A shift by banks towards PSLCs could lead to stagnation of securitisation market volumes

We are focused on garnering sticky assets: Reliance Nippon CEO

Nippon Life Insurance and Reliance Capital will continue to remain equal shareholders in the asset management company post listing, he said

RBI proposes currency trading platform for retail customers

Retail market will be separate from the inter-bank market; maximum order size would be $500,000

Sebi may reduce time to file consent pleas

The objective of reducing the application deadline is to expedite the consent settlement process

Bet on a consistent performer as fund manager for NPS

With returns of funds diverging in the current active fund management regime of NPS, opt for a fund manager whose performance has been steady over the long term

Inflow in balanced MFs rises fourfold in first half of FY18

Overall assets under management increased from Rs 84,000 crore to Rs 1.35 lakh crore