Page 3169 - Markets News

Equity mutual funds inflow triples to Rs 80,000 cr in April-September FY18

Strong inflows pushed the asset base of equity MFs by over 21% to Rs 6.59 lakh crore at the end of September from Rs 5.43 lakh crore in March-end

Six of 10 most valued cos add Rs 76,383 cr in m-cap; RIL biggest gainer

ITC, Maruti Suzuki India, ONGC and SBI suffered losses in their market capitalisation

FPIs pour $1.5 bn in debt markets in Oct over positive real interest rates

FPIs pulled out Rs 1,775 crore ($272 million) from equities during this period

Nifty hits fresh peak on recovery hopes

The 30-share Sensex also gained 250 points, to 32,433, 111-point shy of a new record high

Avenue Supermarts, Titan to shine in Q2

Sales growth for most retail players expected to moderate on sequential basis due to weak demand, higher base

Lupin: Price erosion still a key concern

Recent acquisition & large product pipeline long-term growth drivers; price erosion in US to weigh on earnings

MCX Q2 net down 24.75% at Rs 28 crore

The company had clocked a net profit of Rs 37.65 crore in the year-ago period, it said in a filing to the BSE

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