Page 114 - Stock Market

Sensex plunges 695 pts, Nifty below 18,100 as HDFC twins sink up to 6%

CLOSING BELL: HDFC and HDFC Bank accounted for a loss of 645 points on the BSE benchmark. Broader indices ended with relatively lesser losses of around 0.5 per cent each.

Manappuram in freefall as ED freezes Rs 143 cr-assets; sinks 21% in 3 days

With today's fall, the stock has lost 21 per cent since Wednesday, May 3 when the ED had first began searches at the company's premises

Sensex soars 556 pts, ends at 2023 high; Nifty tops 18,250; HDFC twins lead

CLOSING BELL: The NSE Nifty 50 rallied 166 points. Index heavyweights HDFC, HDFC Bank and Reliance Industries contributed more than 60 per cent of the gain for Sensex.

Rane Engine Valve freezes in 20% upper circuit on strong Q4 performance

REVL said sales to India OE customers grew by 28 per cent supported by strong off-take from passenger vehicle and commercial vehicle customers

Petronet LNG dips 5% on disappointing Q4 results; net profit falls 18% YoY

The company's profit after tax (PAT) declined 18 per cent YoY (down 48 per cent QoQ) to Rs 614.3 crore. Revenue increased 24.3 per cent YoY (down 12 per cent QoQ) to Rs 13,873.9 crore

Sensex snaps 8-day winning run, ends 161 pts lower ahead of Fed outcome

Stock market live: Overnight in the US, banking shares declined as investors fret over the stability of small regional banks. The Dow Jones and Nasdaq fell 1.08% each while the S&P 500 shed 1.16%

Manappuram Finance slumps 14% as ED raids premises in money laundering case

As per PTI, the raids were being undertaken to gather evidences related to allegations that the company collected public deposits worth over Rs 150 crore in contravention of RBI guidelines

Hindustan Aeronautics hits new high; joins Rs 1-trillion market cap-club

At 10:03 am; with a market cap of Rs 1.006 trillion, HAL claimed the 52nd spot in the overall market cap ranking, the BSE data shows

Indian stocks rise on back of earnings, FII buying ahead of US Fed meet

BENGALURU (Reuters) - Indian shares advanced on Tuesday, aided by broader gains across sectors on March-quarter earnings and foreign fund inflows, ahead of the U.S. Federal Reserve's interest rate decision on Wednesday.

Sensex extends rally to eighth day, ends 242 pts up; Auto, IT stocks shine

Stock market live: Market action will be guided by global cues following the takeover of the fallen US lender First Republic Bank on Monday by JP Morgan Chase

M&M Financial Services soars 7%, hits 52-week high on strong Q4 results

On outlook, the management said the macro-economy tailwinds should help the sector and the company continue its growth journey

Currencies in limbo amid Labour Day holiday in most Asian markets

Weighing on risk sentiment on Monday was the unexpected contraction in China's manufacturing activity in April

First Republic Bank's fate uncertain after stock's harrowing tumble

Meanwhile, larger lenders have started preparing for the possibility that the government seizes First Republic and asks them to bid on the bank or its assets, the report said

Glenmark Life rallies 10%, hits 52-week high on strong Q4FY23 results

In the past one month, the stock has zoomed 40 per cent as compared to a 5.4 per cent rise in the S&P BSE Sensex

Wipro Q4 preview: Soft quarter likely; share buyback, Q1FY24 guidance eyed

Wipro Q4FY23 preview: As per an average of brokerage estimates, the company could report an average of Rs 23,586 crore of revenue, up 12-13.2 per cent year-on-year (YoY)

Heat waves, cyclones hit stock mkts across Asia signaling problems ahead

Extreme weather has always been part of the cost of doing business, but the frequency of such events is increasing

IHCL, IndiGo, IRCTC: Analysts bet on travel stocks ahead of holiday season

Travel/tourism-related stocks: Analysts suggest investors keep a selective 'buy on dips' strategy on the space entailing hotels, airlines, travel agents, ticket booking players, and luggage makers

Ipca Labs dips 9%, hits 52-wk low on plan to buy 33.4% stake in Unichem Lab

Brokerages believe the acquisition is expensive, given increased competition in the US generics oral solids space, rising regulatory risks and strong efforts needed to turnaround Unichem Labs

ITC rally has more legs on FMCG biz scale up, high cigarette vols: Analysts

ITC share: The stock has firmly outperformed the benchmark returns by rallying 56 per cent over the last year versus a 3% and 23.5% gain in the Nifty50 and Nifty FMCG indices during this time

A 35,000% stock market return since 2012 in European Union? Here's how

Europe's haul isn't far behind the US, where 71 companies have achieved the same feat in the past 10 years, belying the notion the corporate landscape here is sclerotic