Page 174 - Stock Market

Covid-19 impact: Nifty50 scorecard shows worst profit slump in 6 years

Profits at NSE Nifty 50 Index members fell about 15% last quarter from the same period last year, the worst drop since at least 2014, according to Bloomberg-compiled data.

Nifty reclaims 10,000-mark, a first in 3 months as indices gain for 6th day

The Nifty ended the session at 10,062, gaining 0.83 per cent, or 83 points. The Sensex, on the other hand, rose 284 points, or 0.84 per cent, to end the session at 34,110

Markets shrug off Moody's rating downgrade; Sensex, Nifty rise 1.6%

The rupee and the 10-year government bond, too, held steady, despite the red flags raised by the rating agency.

Moody's cuts India's rating to 'Baa3', maintains negative outlook

The change brings Moody's rating into line with Fitch and Standard and Poor's, both of which rate India BBB-, although they assign stable rather than negative outlooks

Sensex, Nifty zoom to 1-month high over unlock 1.0 and FPI buying

The Sensex gained for the fourth consecutive day, rising 879 points, or 2.7%, to end at 33,303, while the Nifty rose 246 points, or 2.6%, to end at 9,826

Sebi, Centre at odds over easing disclosure norms for listed NCDs

If the proposal is approved, companies listing their non-convertible debentures won't be obliged to meet disclosure norms

Late surge in share prices helps markets improve returns scorecard in May

A sharp surge in share prices during the last week of May helped the markets improve their returns scorecard for the month. The benchmark Sensex and Nifty ended with losses of 3.8% and 2.8%

Here's the list of outperforming stocks rising most since lockdown

Eight leading promoter-controlled business houses have emerged as the new Corona warriors for the stock market

Corona warriors for markets: Ambani, Adani stocks rise most since lockdown

The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.

Sensex gains 595 points led by banking stocks, closes above 32,000

The rally has been underpinned by sharp gains in banking stocks. The Bank Nifty index has rallied 9.9 per cent in the past two sessions

'Polarised' and 'sell on rally' may define markets' character, say experts

With GDP growth seen shrinking, funds likely to chase stocks with high growth forecast

Tightening of norms by US bourses may queer the pitch for Indian entities

The Senate passed a legislation earlier this week that requires non-US firms to meet a number of strict criteria to remain listed

Sell-off in banking and financial stocks drags benchmark indices down

The Bank Nifty declined 2.6%, with several big names posting losses in excess of 4%

Financial firms' clout wanes after coronavirus-triggered market fall

During the start of the year, private banks alone accounted for a fourth of the index weight

Covid-19 crisis: Warren Buffett cuts crisis-era bet on Goldman Sachs

Berkshire Hathaway sold 84 per cent of its Goldman Sachs stock in the first quarter, marking a reversal for an investor who generally holds large stakes in the banking sector.

Stock markets fall sharply as stimulus package fails to lift sentiment

The benchmark indices fell nearly 3% on Thursday, erasing all the gains made a day earlier on optimism over the Rs 20-trillion rescue package announced by the government

Bonds rally as traders estimate govt's stimulus likely to see limited spend

The yield on the most-traded 6.45 per cent 2029 note dropped 10 basis points to 6 per cent, extending Wednesday's 7-basis point fall.

Markets will cheer Rs 20-trn package, but the devil could be in the detail

The moot question would be how the Government will fund this package.

Mysterious 2,819% stock rally has traders scratching their heads

The uninterrupted surge has made it the best performing stock worldwide in the past 12 months among companies worth $1 billion or more

Sensex drops 740 pts from day's high; auto, tech stocks post strong gains

Markets couldn't hold the strength during the day as selling pressure was witnessed in heavy index