Page 576 - Markets

Century Textiles surges 15%, hits record high on robust Q1 results

In Q1FY22, the company reported a consolidated net profit of Rs 25 crore as against a net loss of Rs 36 crore in the year-ago quarter.

Godawari Power jumps 5%, hits new high on strong Q1 results

In past three months, the stock has gained 106%, as compared to a 4.8% rise in the S&P BSE Sensex

Sensex slides for third day; what's spooking investors on D-Street?

In across the board selling by the investors, the benchmark indices tumbled for a third day while volatility shot up ahead of the US Federal Reserve outcome later today and Thursday's F&O expiry

Dr Reddy's extends fall on disappointing Q1; stock down 14% in 2 days

The stock of the pharmaceutical company was trading at its lowest level since April 9, 2021

UTI AMC hits new high ahead of results, rallies 111% from October lows

The stock hit a new high of Rs 994, up 79 per cent from its initial public offer issue price of Rs 554 per share

APL Apollo, Apollo Tricoat Tubes hit new highs on bonus issue plan

The boards of directors of the respective companies are scheduled to meet on August 6, 2021, to consider and approve the proposal for issue of bonus shares on the equity shares.

Stocks to watch: Maruti Suzuki, Nestle, IndiGo, IIFL Finance, IndusInd Bank

IndiGo posted its highest ever quarterly loss of Rs 3,174.17 crore during the April-June period

Nifty outlook & weekly stock picks by Vinay Rajani of HDFC Securities

The markets are expected to remain range-bound and choppy unless the range of 15,550-15,950 is taken out on the either side in Nifty

Market Ahead Podcast, July 28: Top factors that could guide markets today

Over 60 companies, including Maruti Suzuki India, Nestle India, Birlasoft, Central Bank of India, Geojit Financial Services, Route Mobile, and Tata Coffee, will release their quarterly numbers today

Nestle India Q2 preview: Net profit could rise up to 20% YoY, say analysts

Better supply chain compared to base quarter would lead to strong sales in products such as Maggie, Kit Kat, and infant products, brokerage Sharekhan said

US stock markets open slightly lower ahead of big tech earnings

The Dow Jones Industrial Average (.DJI) fell 65.41 points, or 0.19%, at the open to 35,078.90.

Sensex drops 274 pts, Nifty ends below 15,750; DRL sinks 10%, Axis Bank 3%

In the broader markets, mid-cap stocks faced a severe blow with the BSE MidCap index erasing 0.67 per cent.

Global stock markets decline ahead of US Fed update on economy

Global stock markets declined Tuesday as investors looked ahead to a Federal Reserve report for an update on when US stimulus might start winding down. London and Frankfurt opened lower while Shanghai and Hong Kong declined. Tokyo advanced. On Monday, Wall Street's benchmark S&P 500 index rose to a new record, shrugging off worries about the spread of the more contagious delta variant of the coronavirus. Investors awaited the Fed report Wednesday for signs of the central bank's level of concern about inflation and when it might start rolling back easy credit and other economic stimulus. Minutes of the Fed meeting in June showed board members discussed how and when they might reduce monthly bond purchases that inject money into the financial system. We expect Jay Powell to reiterate that the tapering discussion is underway, but that it's too soon to reveal a specific date, Danielle DiMartino Booth of Quill Intelligence said in a report. In early trading, the FTSE 100 in London lost

Dr Reddy's slips over 10% post June quarter results, anonymous complaint

Gross profit margin decreased by 380 bps over the previous year and 150 bps sequentially, majorly on account of price erosion and increase in inventory provisions related to few products

Up 1,258% in 4 months! This electric utility stock sheds its 'penny' status

RattanIndia Enterprises announced that Domino's has joined hands with the company's Revolt Motors, to transform its current petrol bike fleet to electric bikes

Nifty Pharma index slips 5%, records sharpest intra-day fall in 7 months

Alembic Pharma and Dr Reddy's Labs plunged 12% and 11%, respectively in intra-day trade post their June quarter results

Persistent Systems hits record high; soars 16% in 2 days on strong Q1 show

The company expects to sustain the healthy growth momentum in the Services business, based on the robust deal intake and a healthy deal pipeline

Asian stock markets decline to seven-month low amid China jitters

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.97% to its lowest level since December, having slid 2.45% the previous day.

Inox Leisure zooms 15% on Amazon India's stake buy buzz

Inox, however, said the report was "factually incorrect" and there were no discussions between the company and Amazon India

GNA Axles surges 25% in two days on strong Q1 results

The company posted consolidated net profit of Rs 29.46 crore as against a loss of Rs 6.58 crore in the year-ago quarter on the back of a healthy operational performance