Page 178 - Stock Market

Robust outlook for life insurance companies but valuations extremely pricey

Good growth in high-margin products, persistency and reach augur well; risk-averse investors could buy the dips

Sebi puts in place disclosure framework for municipal debt securities

Under the new disclosure framework, Sebi said it has widened the definition of issuers, revised timelines for submission of annual and half-yearly financial results

Intercontinental Exchange launches India operations with 500 staffers

ICE Data Services India will initiate its operations with more than 500 staffers, with flexibility to add several hundred additional employees in the future

Sensex falls 330 points on Moody's India outlook downgrade, rupee tumbles

Market players said Moody's outlook underscored some of the marco concerns

Sebi's cross-margining move to increase liquidity, trading volume in market

The regulator, in December 2008, allowed cross margining across cash and exchange traded equity derivatives segments

Why experts feel Moody's outlook downgrade for India is unjustified

Economists say that though Moody's cut is not really justified at this point, the move is a grim reminder of the state of the economy and the need to accept that all is not well

Sun Pharma posts Rs 1,433-crore pre-tax profit in Q2, meets estimates

Mumbai, 7 NovemberSun Pharmaceutical Industries' second quarter (Q2; July-September) results are mostly in line with Street expectations, with pre-tax profit of Rs 1,433.4 crore. It was Rs 111.9 crore in the corresponding quarter last year that was impacted by settlements related to anti-trust litigation on its Modafinil drug in the US. Net profit for the quarter is Rs 1,064 crore, with resulting net profit margin at 13.4 per cent. This is against a net loss of Rs 269.6 crore a year before. Adjusted for the exceptional item of Rs 1,214 crore for Q2 last year (Modafinil settlement), net profit growth was 12.6 per cent, the company said. Sales or income from operations was Rs 7,949 crore, up 16 per cent year-on-year (YoY). The India business saw 35 per cent growth YoY to Rs 2,515 crore, while US finished dosage sales remained flat YoY at $339 million. Taro, the US subsidiary, had sales of $161 mn, up one per cent over Q2 last year. Emerging market sales grew only three per cent to ...

Market Ahead, November 5: All you need to know before the Opening Bell

A total of 94 companies, including Titan, Tech Mahindra, Dabur India, and Punjab National Bank are scheduled to announce their September quarter earnings today

Wedding-season demand: Gold prices rise Rs 78 per 10 g, silver Rs 245 a kg

In the international market, both gold and silver prices were quoting lower at USD 1,509 per ounce and USD 18.08 an ounce.

Markets start Samvat 2076 on a positive note; Sensex gains 192 points

Mid- and small-caps outperform benchmarks

Most investors seem to have kept faith in the stock market in Samvat 2075

But banks and NBFCs continue to remain a cause for concern

Muhurat trading: Samvat 2076 off to good start; Sensex gains 192 points

BSE benchmark Sensex rose 192 points to end at 39,250 on Sunday as investors built up fresh positions in the special Muhurat trading session to mark the beginning of Hindu Samvat year 2076. The 30-share index, after opening on a firm footing at 39,397.37, inched up to 39,402.23 as investors accumulated select auto, IT and bank stocks. It pared some gains on profit-booking and finally ended at 39,250.20, up 192.14 points, or 0.49 per cent. On similar lines, the broader NSE Nifty climbed 43.25 points, or 0.37 per cent, to finish at 11,627.15. In the Sensex kitty, prominent gainers were Tata Motors, Yes Bank, M&M, Vedanta, Infosys and Tech Mahindra, spurting up to 16.54 per cent. However, losers included Maruti, Bharti Airtel, TCS and HCL Tech, which lost up to 0.78 per cent. Brokers said buying activity gathered momentum as investors opened their new books on the first session of Samvat 2076. Barring telecom and consumer durables, all BSE sectoral indices finished in the green, le

Jhunjhunwala to Kedia, superstar investors end Samvat 2075 with tepid gains

The total disclosed value of five key investors' portfolios was Rs 12,694 crore

Investors see market revival after Diwali: stock picks of top brokerages

Analysts are optimistic that the stimulus measures and the five back-to-back rate cuts will help narrow this divergence in the new Hindu financial year -- Samvat 2076 -- that gets underway Sunday

Markets test investors' patience, so play the waiting game for rewards

Equities perform in short bursts. Make sure you are not out of the market on those crucial days

Nine of top-10 firms add Rs 1.47 trillion in m-cap; Infosys the only loser

Reliance Industries on Friday added another feather to its cap by becoming the first Indian firm to hit the Rs 9 trillion market valuation mark in intra-day trade

FPIs stay bullish on India, pour in Rs 5,072 cr in October so far

Foreign investors put in a net sum of Rs 4,970 crore in equities and a net Rs 102 crore in the debt market during October 1-18

GDP data, market performance have little correlation: ICICI Securities

Market rarely reacts to the release of economic data such as GDP growth or factory output

Improving fundamentals, course correction add power to Siemens stock

Sharper business focus, relatively favourable valuations also augur well for the firm

Stock mkt more polarised after tax cut; 91% of gains cornered by 13 firms

RIL, HDFC Bank account for 32.4% of total BSE 500 m-cap gains since the cut in tax; 91% of gains cornered by 13 firms