StockMarket

Share market update: PSU bank shares jump; Canara Bank gains 2%
NEW DELHI: Shares of PSU banks were trading higher in Wednesday's morning session.

Shares of Canara Bank (up 1.67 per cent), Punjab National Bank (up 1.32 per cent), State Bank of India (up 1.25 per cent), Bank of India (up 0.98 per cent), Indian Overseas Bank (up 0.94 per cent), Indian Bank (up 0.92 per cent), Bank of Baroda (up 0.86 per cent),

Details
Category: Stock Market

Write comment (95 Comments)

Share market update: Metal shares decline; SAIL slips 3%
NEW DELHI: Metal shares were trading in the negative zone in Tuesday's morning session.

Shares of Steel Authority of India (down 2.97 per cent) , Vedanta (down 2.86 per cent) , Jindal Steel - Power (down 2.71 per cent) , JSW Steel (down 2.32 per cent) , Tata Steel (down 2.15 per cent) , Welspun Corp (down 2.07 per cent) , Coal India (down

Details
Category: Stock Market

Write comment (97 Comments)

Share market update: Sun Retail, Lakshmi Machine Works among top losers on BSE

FEATURED FUNDS

Axis Long Term Equity Direct Plan-Growth

★★★★★

Details
Category: Stock Market

Write comment (98 Comments)

Share market update: Metal shares shine; JSW Steel gains 3%
NEW DELHI: Metal shares were with gains in Wednesday's morning session.

Shares of JSW Steel (up 3.13 per cent) , Tata Steel (up 2.52 per cent) , Jindal Steel - Power (up 2.45 per cent) , Steel Authority of India (up 2.34 per cent) , Hindustan Copper (up 1.94 per cent) , Hindalco Industries (up 1.84 per cent) , VEDL (up 1.76 per cent) ,

Details
Category: Stock Market

Write comment (91 Comments)

Local exchange-traded funds (ETF) are emerging as an effective counterbalance to similar instruments with an overseas flavour. And that ensures greater price stability for Indian assets, reducing concerns over what’s known in Mumbai investment circles as ‘hot money’, which changes homes faster than does the weather.

Inflows into local ETF have

Details
Category: Stock Market

Write comment (94 Comments)

Sell Jindal Steel Power, price target Rs 160: Arun Kumar
Arun Kumar of Reliance Securities has a sell call on Jindal Steel - Power Ltd. with a target price of Rs 160.0 . The current price of Jindal Steel - Power Ltd. is Rs 180.5 . Arun Kumar recommended to keep a stoploss at Rs 188 .

Jindal Steel - Power Ltd., incorporated in the year 1979, is a Large Cap company (having a market cap of Rs

Details
Category: Stock Market

Write comment (98 Comments)

Share market update: 44 stocks hit 52-week highs on NSE
NEW DELHI: Around 44 stocks rose to touch their 52-week highs on NSE in Wednesday's session.

Among the stocks that touched their 52-week highs were Aarti Industries, Amber Enterprises, Blue Star, DFM Foods, Bajaj Finserv, Jubilant Industries, Gujarat State Petronet Limited, Manappuram Finance, McDowell Holdings, PI Industries, Rana Sugars, Tata

Details
Category: Stock Market

Write comment (99 Comments)

Share market update: 47 stocks hit 52-week highs on NSE
NEW DELHI: Around 47 stocks rose to touch their 52-week highs on NSE in Tuesday's session.

Among the stocks that touched their 52-week highs were Amber Enterprises, Atul, Deepak Nitrite, Godrej Agrovet, Indraprastha Gas, Infibeam Avenues, Jubilant Industries, Dr. Lal Path Labs, MRF, Rana Sugars, Ruchi Soya Industries and Uttam Value Steels.

Benchm

Details
Category: Stock Market

Write comment (92 Comments)

Buy Cipla, price target Rs 495: Arun Kumar
Arun Kumar of Reliance Securities has a buy call on Cipla Ltd. with a target price of Rs 495.0 . The current price of Cipla Ltd. is Rs 463.0 . Arun Kumar recommended to keep a stoploss at Rs 454 .

Cipla Ltd., incorporated in the year 1935, is a Large Cap company (having a market cap of Rs 37461.37 Crore) operating in Pharmaceuticals sector.

Cipla

Details
Category: Stock Market

Write comment (95 Comments)

Off-Budget policy changes hold key
By Soumya Kanti Ghosh

The Union Budget will be presented at a time when growth has declined to 5 per cent with a clear downward bias and the outlook does not look promising. The only solace that the global outlook looks better with US and China closing in a trade deal and oil getting increasingly divorced from geopolitical conflicts. Against this

Details
Category: Stock Market

Write comment (91 Comments)

Stock market update: Realty shares mixed; Indiabulls Real Estate climbs 4%
NEW DELHI: Realty shares were trading on a mixed note in Tuesday's morning session.

Shares of Indiabulls Real Estate (up 4.07 per cent) , Godrej Properties (up 1.13 per cent) , DLF (up 0.86 per cent) and SOBHA (up 0.86 per cent) were among the top gainers.

While Oberoi Realty (down 2.04 per cent) , Mahindra Lifespace Developers (down 0.96 per

Details
Category: Stock Market

Write comment (96 Comments)

Prestige Estates Q3 profit jumps over two-fold to Rs 162 crore
New Delhi: Realty firm Prestige Estates Projects Ltd has reported over two-fold jump in consolidated net profit at Rs 161.8 crore for December quarter and raised Rs 437 crore through preferential allotment of shares to Singapore sovereign wealth fund GIC.

Its net profit stood at Rs 58.1 crore in the year-ago period.

Total income from operations

Details
Category: Stock Market

Write comment (91 Comments)

Stock market update: Realty shares mixed; Godrej Properties up 3%
NEW DELHI: Realty shares were trading on a mixed note in Wednesday's morning session.

Shares of Godrej Properties (up 3.13 per cent), Indiabulls Real Estate (up 2.86 per cent), Mahindra Lifespace Developers (up 1.19 per cent), Brigade Enterprises (up 0.98 per cent), Phoenix Mills (up 0.74 per cent) and DLF (up 0.12 per cent) were among the top

Details
Category: Stock Market

Write comment (90 Comments)

InterGlobe Aviation shares gains 2% post Q3 results; should you buy?
Shares of InterGlobe Aviation (IndiGo) gained over 2 per cent in Tuesday’s early trade after the company on Monday posted a 168 per cent rise in consolidated net profit at Rs 496 crore for the quarter ended December 31. The bottom line of the aviation player got a boost on the back of increasing load factor and higher operating income.

In Q3 FY19,

Details
Category: Stock Market

Write comment (96 Comments)

Sensex tumbles 458 pts, Nifty below 12,150; factors behind market pain
Mumbai: The domestic stock market tumbled on Monday weighed down by weakness in global equities, as rising concerns over fast-spreading coronavirus dampened demand for riskier assets. Investors on Dalal Street also chose to stay on the sidelines ahead of Union Budget 2020.

BSE benchmark Sensex fell 1.10 pe cent or 458.07 points to 41,155.12, while

Details
Category: Stock Market

Write comment (99 Comments)

Share market update: Pharma shares up; Biocon climbs 3%
NEW DELHI: Pharma shares were trading higher in Wednesday's morning session with their sectoral index trading higher.

Shares of Biocon (up 2.75 per cent), Divi's Laboratories (up 1.16 per cent), Piramal Enterprises (up 0.86 per cent), Aurobindo Pharma (up 0.52 per cent), Cadila Healthcare (up 0.29 per cent), Lupin (up 0.12 per cent), Cipla (up

Details
Category: Stock Market

Write comment (90 Comments)

Share market update: Pharma shares up; Cadila Healthcare gains 2%
NEW DELHI: Pharma shares were trading higher in Tuesday's morning session with their sectoral index trading higher.

Shares of Cadila Healthcare (up 1.79 per cent), Sun Pharmaceutical Industries (up 1.44 per cent), Dr Reddys Laboratories (up 1.31 per cent), Piramal Enterprises (up 0.78 per cent), Biocon (up 0.48 per cent) and Lupin (up 0.21 per

Details
Category: Stock Market

Write comment (94 Comments)

Mahindra Lifespace Q3 profit down 91% at Rs 1.8 crore
New Delhi: Realty firm Mahindra Lifespace Developers Ltd reported a 91 per cent decline in net profit to Rs 1.81 crore for the quarter ended December.

Its net profit stood at Rs 20.58 crore in the year ago period, the company said in a regulatory filing.

Total income also fell to Rs 85 crore during the third quarter of 2019-20 from Rs 137.37 crore

Details
Category: Stock Market

Write comment (94 Comments)

Stock market update: IT shares advance; Infosys gains 1%
NEW DELHI: IT shares were trading in the positive zone in Wednesday's morning session.

Shares of Infosys (up 1.02 per cent) , NIIT Technologies (up 0.99 per cent) , Mindtree (up 0.95 per cent) , HCL Technologies (up 0.76 per cent) , Tata Elxsi (up 0.45 per cent) , Tech Mahindra (up 0.28 per cent) , Hexaware Technologies (up 0.17 per cent) and

Details
Category: Stock Market

Write comment (99 Comments)

Stock market update: IT shares down; Wipro dips nearly 1%
NEW DELHI: IT shares were trading lower in Tuesday's morning session.

Shares of Wipro (down 0.9 per cent) , HCL Technologies (down 0.82 per cent) , Tata Elxsi (down 0.66 per cent) , Tata Consultancy (down 0.46 per cent) , Infosys (down 0.33 per cent) and Tech Mahindra (down 0.1 per cent) were the top losers in the index.

The Nifty IT index was

Details
Category: Stock Market

Write comment (99 Comments)

Breach of linkages between market and economy will show in 2020 too
In Calendar 2019, the domestic stock market did reasonably well while the economy floundered. A few largecaps delivered stupendous returns while midcaps and smallcaps delivered negative returns. Financials did extremely well while many other sectors struggled. The government’s ‘shock’ corporate tax cut on September 20, 2019 turned out to be the big
Details
Category: Stock Market

Write comment (95 Comments)

Sensex gains 250 points, Nifty nears 12,150; metal stocks spike
Domestic equity indices were trading with gains in Wednesday’s trade ahead of the Union Budget as expectations were rife that the government will announce measures to restart the engines of economic growth.

A sharp decline in crude oil prices for the last six days also helped the sentiments on the D-Street. Brent Crude futures have skid 9 per cent

Details
Category: Stock Market

Write comment (90 Comments)

Share market update: Bank shares gain; Yes Bank rises 1%
NEW DELHI: Bank shares were trading with gains in Tuesday's morning session.

Shares of Yes Bank (up 0.94 per cent), IndusInd Bank (up 0.92 per cent), State Bank of India (up 0.92 per cent), RBL BANK (up 0.92 per cent), HDFC Bank (up 0.72 per cent), Bank of Baroda (up 0.7 per cent), Axis Bank (up 0.59 per cent), Punjab National Bank (up 0.57 per

Details
Category: Stock Market

Write comment (100 Comments)

Nifty earnings: HDFC drops 2% ahead of Q3 results, DRL surges 6% despite quarterly loss
NEW DELHI: Shares of Dr Reddy’s Laboratories climbed 6 per cent in Monday’s trade after the company posted a Rs 570 crore loss for December quarter results. HDFC stock, on the other hand, was trading in the red ahead of its third-quarter results.

At 3.20 am, shares of HDFC were trading 2.24 per cent lower at Rs 2,395.95. This is even as the

Details
Category: Stock Market

Write comment (94 Comments)

Share market update: Bank shares gain; PNB rises over 1%
NEW DELHI: Bank shares were trading with gains in Wednesday's morning session.

Shares of IDFC BANK (up 1.96 per cent) , Punjab National Bank (up 1.32 per cent) , ICICI Bank (up 1.11 per cent) , State Bank of India (up 1.08 per cent) , Bank of Baroda (up 0.86 per cent) , IndusInd Bank (up 0.83 per cent) , Axis Bank (up 0.77 per cent) , Federal

Details
Category: Stock Market

Write comment (99 Comments)

Sensex gains 100 points, Nifty nears 12,150; Wockhardt rises 5%
Domestic equity indices were steady in opening trade as traders weighed in more bad news from China where a coronavirus epidemic scare has taken over 100 lives.

A sixth-straight day of decline in oil futures also helped the sentiments on D-Street as lower oil prices bode well for India’s fiscal math.

BSE benchmark Sensex gained 98 points to

Details
Category: Stock Market

Write comment (93 Comments)

By Archana Narayanan

After seeing its market value soar to more than $10 billion less than two years ago, NMC Health Plc is now struggling to cling on to investors. The Middle Eastern hospital operator, founded by billionaire Bavaguthu Raghuram Shetty, is in the spotlight after Carson Block’s Muddy Waters Capital claimed it’s understating debt and o

Details
Category: Stock Market

Write comment (98 Comments)

Share market update: FMCG shares mixed; United Spirits jumps 7%
NEW DELHI: FMCG shares were trading on a mixed note in Tuesday's morning session.

Shares of United Spirits (up 7.34 per cent) , United Breweries (up 0.99 per cent) , Tata Global Beverages (up 0.61 per cent) , Britannia Industries (up 0.39 per cent) , Godrej Industries (up 0.31 per cent) , Marico (up 0.27 per cent) and P - G Hygiene (up 0.27

Details
Category: Stock Market

Write comment (92 Comments)

Buzzing stocks: Vodafone Idea, YES Bank, HDFC, Indigo
NEW DELHI: Vodafone Idea with over 2.51 crore shares changing hands was leading among the most traded stocks on NSE on Tuesday.

Shares of YES Bank (number of shares traded: 1.52 crore) , Reliance Power (number of shares traded: 1.48 crore) , Unitech (number of shares traded: 1.37 crore) , Dish TV India (number of shares traded: 1.23 crore) , SAIL

Details
Category: Stock Market

Write comment (96 Comments)

Maruti Suzuki Q3 results preview: Auto giant may post double-digit profit growth
Mumbai: Maruti Suzuki India is likely to post a double-digit growth in profit for the quarter ended December 31, on low base effect and stability in volumes. Increase in average selling prices is also expected to boost the company’s top line. The automaker will post its quarterly numbers on Tuesday.

Analysts said update on demand outlook and

Details
Category: Stock Market

Write comment (91 Comments)