StockMarket

Share market update: Nifty Pharma index down; Glenmark Pharma slips 4%
NEW DELHI: Pharma shares were trading with losses in Thursday's morning session with their sectoral index trading down.

Shares of Glenmark Pharmaceuticals (down 4.02 per cent) , Lupin (down 3.71 per cent) , Aurobindo Pharma (down 1.75 per cent) and Divi's Laboratories (down 1.31 per cent) were the top losers in the index.

Dr. Reddy's Laboratories

Details
Category: Stock Market

Write comment (93 Comments)

Asia stocks stymied by trade talk frustration
SYDNEY: Asian shares managed to cling near multi-month peaks on Thursday while bonds eked out a bounce as reports of delays in sealing a preliminary Sino-U.S. trade deal left investors frustrated at the lack of concrete progress.

MSCI's broadest index of Asia-Pacific shares outside Japan eased a slight 0.1%, just off a six-month high hit earlier

Details
Category: Stock Market

Write comment (94 Comments)

Stock market update: IT shares dip; HCL Tech falls 1%
NEW DELHI: IT shares were trading with losses in Wednesday's morning session.

Shares of HCL Technologies (down 1.12 per cent) , Infibeam Avenues (down 0.77 per cent) , Mindtree (down 0.68 per cent) and Wipro (down 0.68 per cent) were trading lower.

Tata Consultancy Services (down 0.68 per cent) , NIIT Technologies (down 0.39 per cent) and Oracle

Details
Category: Stock Market

Write comment (91 Comments)

Stock market update: IT shares gain; Wipro, Infosys among top gains
NEW DELHI: IT shares were trading with gains in Thursday's morning session.

Shares of Wipro (up 0.43 per cent) , Infosys (up 0.41 per cent) , HCL Technologies (up 0.28 per cent) and NIIT Technologies (up 0.23 per cent) were trading higher.

Tata Elxsi (up 0.23 per cent) , Tata Consultancy Services (up 0.20 per cent) and Oracle Financial Services

Details
Category: Stock Market

Write comment (92 Comments)

'BUY' or 'SELL' ideas from experts for Thursday, 7 November, 2019
NEW DELHI: Domestic equity market is likely to open flat on Thursday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.

At 8:28 am the SGX Nifty was 8.50 points or 0.07 per cent higher at 12,016.

ET Now spoke to various experts and here's what they have to recommend for today's trade:

Pritesh Mehta of YES

Details
Category: Stock Market

Write comment (93 Comments)

Sensex sheds 180 points, Nifty slips below 11,900 amid weak global cues
NEW DELHI: Domestic equity markets opened with marginal losses on Wednesday, continuing to consolidate as traders waited for further directions on global as well as domestic front.

BSE flagship Sensex was down 184 points at 40,064 while its NSE counterpart Nifty shed 45 points to trade at 11,871 early morning.

Broader markets, however, were

Details
Category: Stock Market

Write comment (97 Comments)

Realty, housing finance, cement stocks rally up to 20% on FMRs 25,000 crore bonanza
NEW DELHI: Real estate, cement and housing finance players hogged the limelight on Dalal Street in Thursday’s session after the government late last evening approved a Rs 25,000 crore fund to aid complete over 1,600 stalled housing projects.

This also includes projects that have been declared non-performing assets (NPA) or admitted for insolvency

Details
Category: Stock Market

Write comment (94 Comments)

$11-trillion US mortgage market has a shadowy new player
US financial regulators led by the Treasury’s Steven Mnuchin and the Federal Reserve’s Jerome Powell have been put on notice about the risk of an economically damaging cash crunch in the $ 11trillion home mortgage market.

Behind the concern aired recently at the Financial Stability Oversight Council headed by Secretary Mnuchin: The rapid growth of

Details
Category: Stock Market

Write comment (98 Comments)

Britain's AstraZeneca to distribute Sun Pharma cancer drugs in China

FEATURED FUNDS

Axis Long Term Equity Direct Plan-Growth

★★★★★

Details
Category: Stock Market

Write comment (99 Comments)

Share market update: Nifty Financial Services index up; Indiabulls Housing Finance surges 11%
NEW DELHI: The Nifty Financial Services index was up with its components trading higher in Thursday's afternoon session.

The Nifty Financial Services index was trading 0.45 per cent up at 13,891.10 around 10:03 am.

Shares of Indiabulls Housing Finance (up 11.44 per cent) , Indiabulls Ventures (up 4.98 per cent) , Edelweiss Financial Services (up

Details
Category: Stock Market

Write comment (90 Comments)

Share market update: Metal shares bullish; JSPL gains 3%
NEW DELHI: Metal shares were trading with gains in Wednesday's morning session.

Shares of Jindal Steel - Power (up 3.32 per cent) , Welspun Corp (up 1.75 per cent) , Jindal Stainless (Hisar) (up 1.19 per cent) and Coal India (up 0.95 per cent) were trading with gains.

JSW Steel (up 0.75 per cent) , Vedanta (up 0.48 per cent) , Steel Authority

Details
Category: Stock Market

Write comment (95 Comments)

Share market update: Bank shares slip; IDFC First Bank down 1%
NEW DELHI: Bank shares were trading in the negative zone in Wednesday's morning session.

Shares of IDFC First Bank (down 1.39 per cent) , Axis Bank (down 0.91 per cent) , Punjab National Bank (down 0.85 per cent) and HDFC Bank (down 0.73 per cent) were the worst performers in the index.

State Bank of India (down 0.69 per cent) , Bank of Baroda

Details
Category: Stock Market

Write comment (94 Comments)

Govt's Rs 25,000 crore realty booster lifts Sensex to new record high
NEW DELHI: Government’s Rs 25,000 crore plan to revive the sluggish real estate sector cheered the traders on Thursday as domestic equity markets opened with gains.

In a huge relief for affected homebuyers, the government cleared a Rs 25,000 crore alternative investment fund (AIF) in which the government will contribute Rs 10,000 crore. The

Details
Category: Stock Market

Write comment (90 Comments)

Brokerages mixed on Tech Mahindra post Q2 results
NEW DELHI: Shares of Tech Mahindra were trading higher in early trade on Wednesday after it posted a 5.6 per cent rise in consolidated net profit at Rs 1,124 crore for the September quarter. The IT firm had registered a net profit of Rs 1,064.3 crore in the July-September 2018 quarter.

The scrip was trading 0.76 per cent up at Rs 779.55 at around

Details
Category: Stock Market

Write comment (91 Comments)

Stock market update: Cement stocks mixed; Shiva Cement jumps over 8%
NEW DELHI: Most of the cement stocks were trading on a mixed note in Wednesday's morning session.

Shares of Shiva Cement (up 8.39 per cent), Andhra Cements (up 4.98 per cent), Birla Corporation (up 2.01 per cent), Star Cement (up 1.98 per cent) and KCP (up 1.48 per cent) were among the top gainers.

While Prism Johnson (down 5.13 per cent), India

Details
Category: Stock Market

Write comment (99 Comments)

Share market update: Auto shares in the red; Bosch dips 3%
NEW DELHI: Auto shares were trading in the red in Thursday's morning session.

Shares of Bosch (down 3.33 per cent), Motherson Sumi Systems (down 1.29 per cent), TVS Motor Company (down 1.09 per cent) and Tata Motors (down 0.93 per cent) were the top losers in the index.

Ashok Leyland (down 0.85 per cent), Bharat Forge (down 0.74 per cent), Eicher

Details
Category: Stock Market

Write comment (91 Comments)

Share market update: FMCG shares mixed; Jubilant Foodworks down 2%
NEW DELHI: FMCG shares were trading on a mixed note in Wednesday's morning session.

Shares of Godrej Consumer Products (up 2.53 per cent), ColgatePalmolive (India) (up 0.89 per cent), Godrej Industries (up 0.76 per cent) and United Breweries (up 0.73 per cent) were trading in the green.

Jubilant Foodworks (down 1.88 per cent), ITC (down 0.89 per

Details
Category: Stock Market

Write comment (96 Comments)

Stock market update: Sugar stocks soar; Vishwaraj Sugar rockets 11%
NEW DELHI: Shares of sugar producers were soaring with gains in Wednesday's morning trade.

Shares of Vishwaraj Sugar Industries (up 10.87 per cent), KCP Sugar - Industries (up 8.48 per cent), Ugar Sugar Works (up 7.86 per cent), Sakthi Sugars (up 7.14 per cent), Uttam Sugar Mills (up 7.05 per cent), KM Sugar Mills (up 5.77 per cent) and Indian

Details
Category: Stock Market

Write comment (95 Comments)

Buzzing stocks: Vodafone Idea, NBCC, YES Bank, HDFC
NEW DELHI: Vodafone Idea with over 3.67 crore shares changing hands was leading among the most traded stocks on NSE on Thursday.

Shares of NBCC (number of shares traded: 2.54 crore) , YES Bank (number of shares traded: 2.29 crore) , Indiabulls Housing Finance (number of shares traded: 1.71 crore) , Dish TV India (number of shares traded: 0.71

Details
Category: Stock Market

Write comment (91 Comments)

Stock market update: 34 stocks hit 52-week lows on NSE
NEW DELHI: Around 34 stocks fell to touch their 52-week lows on NSE in Wednesday's session.

Among the stocks that touched their 52-week lows were Shemaroo Entertainment, HT Media, Bang Overseas, Greenpanel and Jagran Prakashan.

Astron Paper, Intellect Design Arena, International Paper APPM and Seya Industries also featured among the stocks that

Details
Category: Stock Market

Write comment (93 Comments)

RBI sandboxfirst test to be on retail payments
The first round of experiments under the Reserve Bank of India’s (RBI) much-anticipated regulatory sandbox would have retail payments as the operational theme, the central bank announced on Monday while seeking applications between November 15 and December 15 from participants.

This first round of experimentation, which is likely to commence in

Details
Category: Stock Market

Write comment (94 Comments)

Share market update: SREI Infra, Birla Cable among top losers on BSE

FEATURED FUNDS

Kotak Standard Multicap Fund Regular-Growth

★★★★★

Details
Category: Stock Market

Write comment (98 Comments)

Sun Pharma rallies 4% on pact to launch cancer drugs in China
Shares of Sun Pharmaceutical advanced over 4 per cent in morning trade on Wednesday after the drugmaker informed bourses that it would introduce some of its cancer treatment drugs in China through Britain’s AstraZeneca.

The scrip was trading 4.31 per cent up at Rs 448.45 at around 9.45 am (IST), while the benchmark BSE Sensex was down 151 points,

Details
Category: Stock Market

Write comment (90 Comments)

Titan Company likely to post double-digit profit growth in Q2
NEW DELHI: Titan Company is likely to report a double-digit rise in net profit for the quarter ended September 2019 despite muted consumer sentiments during the period. There are hopes that the reduction in tax rates during the quarter may provide some comfort to the bottom line of the watch-to-jewellery major.

Brokerage firm Prabhudas Lilladher

Details
Category: Stock Market

Write comment (90 Comments)

Share market update: NBCC, Jai Corp among top gainers on BSE

FEATURED FUNDS

Kotak Standard Multicap Fund Regular-Growth

★★★★★

Details
Category: Stock Market

Write comment (98 Comments)

Share market update: Nifty Pharma index rises; Sun Pharma up 2%
NEW DELHI: Pharma shares were trading with gains in Wednesday's morning session with their sectoral index trading up.

Shares of Sun Pharmaceutical Industries (up 2.44 per cent) , Cipla (up 1.82 per cent) and Dr. Reddy's Laboratories (up 1.50 per cent) were trading with gains.

Cadila Healthcare (up 0.44 per cent) , Biocon (up 0.39 per cent) and

Details
Category: Stock Market

Write comment (94 Comments)

Tech Mahindra Q2 revenue growth likely at 1-1.5% in CC terms, profit may fall
NEW DELHI: Shares of Tech Mahindra were trading marginally higher in Tuesday’s trade ahead of the IT firm’s second quarter results scheduled later for the day.

The Anand Mahindra-led company is likely to post a 10-14 per cent year-on-year (YoY) drop in profit on a 1-1.5 per cent rise in sales in constant currency (CC) terms. The numbers could be

Details
Category: Stock Market

Write comment (95 Comments)

Board Meetings Today: BPCL, Sun Pharma, DLF, Power Grid and HPCL

FEATURED FUNDS

Kotak Standard Multicap Fund Regular-Growth

★★★★★

Details
Category: Stock Market

Write comment (93 Comments)

Stock market update: Realty shares jump; Indiabulls Real Estate gains 5%
NEW DELHI: Realty shares were trading in the positive zone in Wednesday's morning session.

Shares of Indiabulls Real Estate (up 4.94 per cent) , Sobha (up 4.79 per cent) , Godrej Properties (up 3.28 per cent) and Prestige Estates Projects (up 3.27 per cent) were the top performers in the index.

Sunteck Realty (up 2.41 per cent) , DLF (up 1.68 per

Details
Category: Stock Market

Write comment (95 Comments)

Uber shares skid as losses widen
Uber shares skidded Monday after the ride-hailing giant reported widening losses in the just-ended quarter as it boosted investment in new services and features.

San Francisco-based Uber reported a loss of $1.2 billion, up from a loss of $986 million a year ago.

Uber revenue was up 30 percent to $3.8 billion in the quarter on growth in its shared

Details
Category: Stock Market

Write comment (91 Comments)