Page 403 - Markets

TMS Ep428: ONDC, passkeys, markets, Maharatna & Navratna Cos

Is ONDC the biggest threat to Zomato and Swiggy? Are we heading to a world without passwords? How will markets react to Karnataka poll results? What are Maharatna and Navratna companies? Answers here

Mankind Pharma lists at 20% premium; should you buy, sell, or hold?

Shares of Mankind listed at Rs 1,300, a 20 per cent premium over its issue price of Rs 1,080 on the National Stock Exchange (NSE) and the BSE

New phase of capex cycle to start soon, say analysts. Top stocks to bet on

Helped by a property upcycle, analysts at Jefferies believe various government initiatives are likely to drive capex going ahead

Kansai Nerolac, Canara Bank, Mankind Pharma among top stocks to watch today

Stock to Watch on Tuesday, May 9: Canara Bank's net profit rose 90.6 per cent year-on-year (YoY) at Rs 3,175 crore in Q4FY23

Two Adani group stocks decline by daily limit as MSCI trims weight

Adani Transmission, Adani Total Gas face deletion from MSCI India index, spurring over Rs 4,000-cr sell-off by passive funds

Sensex leaps 710 pts after a day's hiatus; TaMo, IndusInd rise 5%, PSBs dip

CLOSING BELL: Among sectors, the Nifty Private Bank, Realty, and Auto indices gained around 1.7 per cent each

This smallcap glass container firm has made investors richer by 5x in 5 yrs

Over the last one year, the stock has given returns of around 98 per cent, rising from Rs 298.6 apiece. The stock's 5 year-run has also been stellar with an increase of over 5 times (up 436 per cent)

Gujarat Ambuja Exports sinks 12% as net profit more-than-halves in Q4FY23

The company's March quarter net profit more-than-halved, dropping 54.6 per cent, to Rs 69.56 crore on a year-on-year (YoY) basis

TCNS deal may raise debt, near-term profitability risks for ABFRL: Analysts

Given that TCNS has been lagging peers in recovery and underperforming for more than two years now, only a successful turnaround of the same can create shareholder value, analysts said

How will the markets interpret the outcome of Karnataka Assembly polls?

The outcome of a state election, analysts believe, does not necessarily determine the outcome of the national elections

Equitas Small Finance Bank zooms 8% on solid March quarter results

Equitas SFB reported a 58 per cent jump in its net profit for the March quarter at Rs 190 crore, which was the lender's highest-ever profit

Coal India down 3% as Q4 net drops on higher wages; analysts remain divided

Coal India set aside a provision of Rs 5,870.16 crore towards wages

Paytm, ABFRL, Coal India, BoI, Adani Power among top stocks to watch today

Stocks to Watch on May 8:Paytm's loss narrowed to Rs 168 crore from Rs 763 crore in the year-ago period.

Expect sideways movement in market with focus on Smallcap and midcap space

The week gone by had 4 trading sessions, but it had plenty of action and behaved on expected lines. It began positively, went sideways, gained and then crashed

FPIs invest Rs 10,850 cr in just 4 trading sessions, due to stable economy

Foreign portfolio investors (FPIs) continue to be buyers of Indian equities in May and invested Rs 10,850 crore in the last four trading sessions due to the country's stable macroeconomic environment, robust GST collection and better-than-expected corporate quarterly earnings. This came following a net infusion of Rs 11,630 crore in equities in April and Rs 7,936 crore in March, data available with the depositories showed. The March investment was mainly driven by bulk investment in the Adani Group companies by the US-based GQG Partners. However, if one adjusts for the investments of GQG in Adani Group, the net flow is negative. Going forward, the appreciation in the rupee and good fourth-quarter results will aid in increasing capital flows to India, VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. According to data from the depositories, FPIs invested a net sum of Rs 10,850 crore in Indian equities in the last four trading sessions during May 2-5. "

Mcap of 4 of top 10 firms falls by Rs 56,006 cr, HDFC twins falls steepest

Four of the top 10 valued firms together lost Rs 56,006.15 crore in market valuation last week, with HDFC twins taking the biggest hit. Last week, the 30-share BSE benchmark fell by 58.15 points or 0.09 per cent. While HDFC Bank, State Bank of India, HDFC and Bharti Airtel faced erosion in their valuation, Reliance Industries, Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever Limited, ITC and Infosys were the gainers, with a combined addition of Rs 44,540.05 crore in their market capitalisation (mcap). Shares of HDFC twins fell sharply on Friday amid reports that the merged HDFC entity could see significant fund outflow. The valuation of HDFC Bank tumbled Rs 34,547.61 crore to Rs 9,07,505.07 crore, the most among the top 10 firms. HDFC's mcap eroded by Rs 13,584.9 crore to Rs 4,95,541.41 crore and that of Bharti Airtel fell by Rs 6,356.46 crore to Rs 4,39,153.22 crore. The market capitalisation of State Bank of India declined by Rs 1,517.18 crore to Rs 5,14,370.01 .

Federal Bank slumps 8% despite record profit of Rs 903 cr in Q4; here's why

Net interest margin (NIM) contracted to 3.31 per cent vs 3.49 per cent QoQ

Investors book profit in BHEL; stock slides 7% after soaring 26% in a month

BHEL has bagged numerous orders over the past few months, keeping analysts bullish on the stock

Paytm shares rise 4% ahead of Q4FY23 results; here's what brokerages expect

Goldman Sachs expects Paytm to report revenue growth of 49 per cent on a year-on-year basis

TVS Motor vrooms 5%, hits 52-week high on better-than-expected Q4 result

TVS Motor Company posted a 22 per cent rise in consolidated net profit at Rs 336 crore