Page 4352 - Markets News
TVS Motor extends rally on strong Q4 results
The stock has rallied over 10% in past two trading sessions after reporting turnaround results for March quarter.
Ranbaxy, Sun Pharma dip as merger runs into legal hurdle
Ranbaxy Laboratories is trading lower by 2% at Rs 475, while Sun Pharma down 1% at Rs 634 on the NSE.
Bharti Airtel gains on strong Q4 numbers
The Q4 consolidated net profit jumped 89% yoy at Rs 962 crore, backed by strong growth in voice and data revenues.
Pre-market: Watch out for Jindal Steel, Bharti Airtel
Markets are likely to rebound from their recent lows amid firm global cues
 "Pre-market: Watch out for Jindal Steel, Bharti Airtel")
 "PwC finds holes in MCX functioning")
Some cracks in Shree Cement's outlook
Though cement realisation got a boost in the March quarter, lower realisations in the power segment and increasing costs dented operating performance
 "Some cracks in Shree Cement's outlook")
Volume growth, product mix boost TVS margins
The company had overall sales volume of 5.63 lakh for the March quarter
 "Volume growth, product mix boost TVS margins")
Expect a sectoral churn in favour of cyclicals: Harshad Patwardhan
Interview with Executive Director & Head of Equities, JPMorgan Asset Management
 "Expect a sectoral churn in favour of cyclicals: Harshad Patwardhan")
Dabur defies FMCG downtrend
Management confident of maintaining volume growth and margins in FY15 despite tough environment; plans realistic, say observers
 "Dabur defies FMCG downtrend")
Manic May: Should you sell stocks or wait it out?
The month is traditionally lean worldwide, so much so that fund managers prefer to go on vacation than trade. But the air of expectancy around the election outcome has kept things heated
 "Manic May: Should you sell stocks or wait it out?")
 "Markets fall for third session as lenders drag")
NRIs' India MF play to get thin as US Fatca kicks in
Heavy compliance cost may render equity purchases in mother country not worth their while
 "NRIs' India MF play to get thin as US Fatca kicks in")
Today's picks
Nifty, Bank Nifty, Hind Unilever, Tata Steel & Jain Irrigation
PWC report says MCX made huge payments to bogus entities
FTIL rejects special audit report, plans legal recourse to challenge findings
 "PWC report says MCX made huge payments to bogus entities")
Markets slump as banks, metals drag
HDFC Bank, Tata Steel and Tata Motors among top losers for the day
 "Markets slump as banks, metals drag")
Jindal Steel and Power tanks on weak Q4 earnings
The stock has tanked 9% to Rs 249 after reporting 47% yoy drop in consolidated net profit at Rs 403 crore for Q4FY14.
 "Jindal Steel and Power tanks on weak Q4 earnings")
Provisional: Markets end near day lows
Sensex slipped 170 points at 22,461 and the Nifty gave off 44 points to end the day at 6,718
 "Provisional: Markets end near day lows")
Sensex down 100 pts; large-caps under pressure
HDFC Bank, HUL, Tata Steel were the major draggers in noon deals
 "Sensex down 100 pts; large-caps under pressure")