StockMarket

Smitha V Crishna, Roshni Nadar among top 10 wealthiest women in India
Godrej group’s Smitha V Crishna and Roshni Nadar of HCL Technologies are among the top 10 wealthiest women in India, says a report.

The report by Kotak Wealth Hurun-Leading Wealthy Women 2018 featured 10 wealthiest Indian women with threshold of net worth of over Rs 8,000 crore.

Smitha V Crishna’s wealth was estimated at around Rs 37,570 crore. S

Details
Category: Stock Market

Write comment (100 Comments)

Sebi comes out with list of 1,677 defaulters
As many as 1,677 entities, including individuals, failed to pay penalties imposed by Sebi till the end of May, according to the regulator. The list of defaulters as on May 31, 2018 "for non-payment of penalty imposed by Sebi through orders passed up to December 31, 2017" has been published on the regulator's website today.

The defaulters include

Details
Category: Stock Market

Write comment (91 Comments)

Amara Raja Batteries Q1 net profit up 13%
New Delhi: Amara Raja Batteries has posted 13.19 per cent jump in its net profit at Rs 113.03 crore during the first quarter of the current fiscal on strong sales.

Its net profit was Rs 99.85 crore in the April-June quarter of last fiscal, the company said in a regulatory filing.

The net income of the company increased to Rs 1,779 crore during the

Details
Category: Stock Market

Write comment (90 Comments)

Rupeerout may not stop at 70! Stocks getting a nervous attack
The rupee is in severe pain, sowing seeds of fear among stock market participants. It has already crashed to a fresh record low of 69.85 levels and is in a spot of worry.

Its fortunes started to sink on Monday, in line with other emerging market currencies. And that followed Turkish lira plunging to an all-time low amid worries over a growing

Details
Category: Stock Market

Write comment (90 Comments)

Share market update: Vedanta, Hindalco weigh on BSE Metal index
NEW DELHI: Losses in Vedanta (down 3.29 per cent), NMDC (down 1.28 per cent), Jindal Steel - Power (down 0.42 per cent) and Hindalco Industries (down 0.31 per cent) were weighing on the metal pack in Monday's session.

The BSE Metal index was trading 0.06 per cent down at 13,009 around 1 pm.

Shares of Vedanta plunged after the National Company

Details
Category: Stock Market

Write comment (100 Comments)

By Lu Wang

Waiting for new highs in stocks Be careful what you wish for.

In a week when the S-P 500 Index came within 0.5 percent of its January peak and then failed to hold its gains, a cohort of the most-hated stocks advanced to record levels, much to the dismay of bears.

The double whammy occurred as geopolitical tensions blended with

Details
Category: Stock Market

Write comment (96 Comments)

Hotel Leelaventure Q1 net loss widens to Rs 66.69 crore
Hotel Leelaventure today reported a widening of its standalone net loss to Rs 66.69 crore for the quarter ended June on account of rise in expenses. The company had posted a net loss of Rs 23.64 crore for the corresponding period of the previous fiscal, Hotel Leelaventure said in a BSE filing.

Standalone total income of the company stood at Rs

Details
Category: Stock Market

Write comment (95 Comments)

Stock market update: OMCs fall up to 3%, but GAIL jumps 4% on Q1 numbers
NEW DELHI: Shares of a majority of oil marketing companies (OMCs) were subdued in afternoon trade on Monday.

The BSE Oil - Gas index was trading 0.66 per cent down at 14,996 around 12:50 pm.

Indraprastha Gas (down 2.76 per cent), BPCL (down 2.23 per cent), HPCL (down 2.17 per cent), Indian Oil Corporation (down 1.74 per cent) and ONGC (down

Details
Category: Stock Market

Write comment (95 Comments)

IOC Q1 profit jumps 50% to Rs 6,831 crore on inventory gains
New Delhi: Indian Oil Corp (IOC), the nation's biggest oil firm, reported a 50 per cent jump in its April-June quarter net profit as inventory gains negated lower refining margins.

Consolidated net profit at Rs 6,831 crore in the first quarter of the current 2018-19 fiscal compared with Rs 4,549 crore net in the same period of the previous

Details
Category: Stock Market

Write comment (100 Comments)

Sebi mulls measures to prevent misuse of clients' securities
To strengthen the supervision of stock brokers, markets regulator Sebi is mulling additional measures to prevent misuse of client's securities. Besides, the regulator plans to initiate technology-based measures to streamline the sharing of information among the stock exchanges, depositories and Sebi to enhance the inspection of intermediaries.

The

Details
Category: Stock Market

Write comment (91 Comments)

Cost-weary tyre makers stare at margin pain in Q2
Kochi:Tyre makers are expecting a squeeze on margins in the ongoing July-September quarter owing to the truckers’ strike and poor availability of natural rubber due to heavy rains in Kerala.

Already battling higher costs because of the increasing price of raw materials other than natural rubber, the tyre industry was hoping for better prospects in

Details
Category: Stock Market

Write comment (95 Comments)

Sebi to take steps to bring cost effectiveness in MFs, examine expense ratio
New Delhi: To make mutual funds more attractive for investors, Sebi will take measures to bring cost effectiveness in the sector by promoting go green initiatives through online transactions and examine the existing expense ratio applicable for various schemes.

Besides, measures will be taken to bring uniformity in various practices of the mutual

Details
Category: Stock Market

Write comment (96 Comments)

Banking sector outlook to stay negative till capital positions improve: Fitch
Mumbai: The outlook for the country's banking sector is likely to remain negative until its capital position strengthens in proportion to the bad loans and weak financial performances, according to Fitch Ratings.

The rating agency said the $151-billion stock of bad loans remains a risk for the sector's weak income base, which is vulnerable to

Details
Category: Stock Market

Write comment (99 Comments)

Share market update: Smallcaps fall in sync with Sensex; Balasore Alloys, NCL Industries among top losers
NEW DELHI: Smallcaps fell in sync with Sensex in Monday's trading session.

The BSE Smallcap index was trading 0.41 per cent down at 16,716, while the Sensex was 0.37 per cent down at 37,728 around 12:40 pm.

Waterbase (up 13.40 per cent), DCM Shriram Industries (up 12.03 per cent), Sandur Manganese - Iron Ores (up 11.68 per cent), Bharat Bijlee

Details
Category: Stock Market

Write comment (99 Comments)

Seven of 10 firms add Rs 47,499 crore to m-cap
New Delhi, Aug 12 (PTI) Seven of the 10 most valued companies together added Rs 47,498.74 crore in market capitalisation last week, with RIL topping the chart.

The gainers list comprised Tata Consultancy Services (TCS), RIL, HDFC Bank, ITC, HDFC, Infosys and SBI, while Hindustan Unilever Ltd (HUL), Maruti Suzuki India and Kotak Mahindra Bank suffer

Details
Category: Stock Market

Write comment (94 Comments)

Stock market update: Rajesh Exports, VIP Industries consumer durables index up
NEW DELHI: Gains in Rajesh Exports (up 4.40 per cent), PC Jeweller (up 3.91 per cent), VIP Industries (up 2.41 per cent) and TTK Prestige (up 2.37 per cent) were keeping the consumer durables index up in Monday's afternoon session.

The BSE Consumer Durables index was trading 0.75 per cent up at 22,113 around 01:30 pm.

Shares of Whirlpool of

Details
Category: Stock Market

Write comment (97 Comments)

Stock market update: Midcaps fall, but better off than Sensex
NEW DELHI: The BSE Midcap index was trading 0.22 per cent down at 16,175 around 12:30 pm on Monday.

The index was better off than benchmark Sensex which was 0.45 per cent down at 37,699. The Nifty50 was 0.42 per cent down at 11,381 around that time.

Apollo Hospitals Enterprise (up 6.42 per cent), United Breweries (up 6.31 per cent), Rajesh Exports

Details
Category: Stock Market

Write comment (91 Comments)

FPIs invest Rs 8,500 crore in just 8 sessions in August
New Delhi: Foreign investors have pumped in over Rs 8,500 crore into the Indian capital markets in the last eight trading sessions on improvement in crude oil prices, stabilising rupee and better corporate earnings.

The latest fund infusion comes following a net inflow of over Rs 2,300 crore in the capital markets -- equity and debt -- last month.

Details
Category: Stock Market

Write comment (96 Comments)

Nikkei tumbles 2% to 5-week low as emerging market rout hits sentiment
TOKYO: Japan's Nikkei tumbled 2 percent to a five-week low on Monday as a sell-off in emerging market currencies spooked stock investors, with the safe-haven yen's appreciation hurting sentiment and dragging down the broader market.

Commodity stocks underperformed on worries about emerging market economies after the South African rand fell more

Details
Category: Stock Market

Write comment (98 Comments)

SBI drops 3.5% on Q1 loss, brokerages hopeful still
NEW DELHI: Shares of State Bank of India (SBI) weakened over 3 per cent on Monday on a disappointing set of June quarter results.

The numbers came out on Friday.

India’s largest state-owned lender reported a third straight quarterly loss for the June quarter at Rs 4,876 crore. The bank registered a profit of Rs 2,005 crore in the same period a y

Details
Category: Stock Market

Write comment (93 Comments)

Trade war tensions, WPI inflation and Q1 numbers among key factors that may guide market next week
NEW DELHI: Mr Market scaled new peak in the week gone by, but hit a speed bump on Friday, owing to panic selling on financial counters. The benchmark BSE Sensex slipped 0.41 per cent to 37,869.23, but posted a weekly rise of 0.83 per cent.

The broader Nifty50 index ended 0.36 per cent lower at 11,429.50 on Friday, but gained 0.60 per cent for

Details
Category: Stock Market

Write comment (93 Comments)

Australia shares fall as Turkish rout hits, NZ down
Australian shares ended lower on Monday, weighed down by materials and banks after the crisis in Turkey hit Asian assets, while global trade turmoil pushed commodity prices lower.

A renewed sell-off in the Turkish lira on Monday pushed Asian assets lower, driving demand for safe havens.

The flight to safety dragged MSCI's broadest index of

Details
Category: Stock Market

Write comment (99 Comments)

Sun TV slips as Q1 profit fails to cheer
Shares of Sun TV Network plunged over 5 per cent on Monday even as the media and entertainment company earned a higher profit for April-June.

The firm reported a 62.59 per cent year-on-year (YoY) growth in net profit at Rs 409.14 crore for the quarter to June. It had posted a net profit of Rs 251.64 crore in the same quarter last year.

The scrip

Details
Category: Stock Market

Write comment (98 Comments)

IOC Q1 net profit up 50% to over Rs 7,000 crore
NEW DELHI: Indian Oil Corporation (IOC) today reported 50.27 per cent jump in consolidated net profit at Rs 7,092.42 crore for the first quarter of the current fiscal.

The country's largest fuel retailer had posted net profit of Rs 4,719.71 crore in the same quarter of last fiscal.

IOC said in a regulatory filing that its net income increased to

Details
Category: Stock Market

Write comment (91 Comments)

Share market update: Most telecom stocks fall, but RCom, Bharti Airtel hold up
NEW DELHI: A majority of telecom stocks were incurring losses in afternoon trade on Monday.

However, gains in Reliance Communications (up 4.87 per cent), Vindhya Telelinks (up 1.78 per cent), Bharti Airtel (up 1.07 per cent), GTL (up 0.99 per cent) and Tejas Networks (up 0.46 per cent) restricted the fall for the sectoral index.

The S-P BSE Te

Details
Category: Stock Market

Write comment (92 Comments)

PVR set to acquire SPI cinemas in a cash-cum-stock deal valued at over Rs 850 crore
MUMBAI: After years of on-again-off-again negotiations, Ajay Bijli-led India’s leading multiplex chain PVR Ltd has finally reached an agreement with South India’s largest premium cinema exhibitor SPI Cinemas to acquire the company at an enterprises valuation of over Rs 850 crore.

In a cash and stock deal PVR will acquire SPI Cinemas, which

Details
Category: Stock Market

Write comment (93 Comments)

Coal India Q1 net profit surges 61% to Rs 3,786 crore
NEW DELHI: Coal India on Saturday reported 61 per cent year-on-year rise in net profit at Rs 3,786.44 crore for June quarter.

The coal mining company had reported Rs 2,350.78 crore profit in the year-ago quarter.

Consolidated revenue from operations for the quarter rose 17.96 per cent to Rs 24,260.87 crore compared with Rs 20,567.81 crore in the

Details
Category: Stock Market

Write comment (92 Comments)

Stock market update: BSE Auto index in the red; Eicher Motors, Tata Motors drag
NEW DELHI: Shares of Bharat Forge (down 2.75 per cent), Motherson Sumi Systems (down 2.49 per cent), TVS Motor Company (down 1.98 per cent) and Eicher Motors (down 1.76 per cent) were trading in the negative zone in afternoon trade on Monday, keeping the auto index down.

The BSE Auto index was trading 0.10 per cent down at 24,211 around 01:10 pm.

Details
Category: Stock Market

Write comment (99 Comments)

Indian stocks saw their first corrective move on Friday, as the market breadth worsened. The NSE benchmark Nifty ended with a loss of 41.20 points or 0.36 per cent.

After opening flat, and trading very briefly with gains, the market slipped and remained under corrective pressure for the rest of the day. The range, though, continued to remain

Details
Category: Stock Market

Write comment (97 Comments)

Last week-s market in 10 stocks: Jet-s descent JPA-s big plunge
NEW DELHI: The week gone by was an eventful one as the benchmark indices scaled record highs despite concerns over global trade war. For the week, BSE barometer Sensex climbed 313 points, or 0.83 per cent, to settle at 37,869 after hitting a record high of 38,076 during the week.

NSE's benchmark Nifty50 gained 68.70 points, or 1.01 per cent,

Details
Category: Stock Market

Write comment (92 Comments)