StockMarket

Asia stocks cautious before Fed, oil on defensive
TOKYO: Investor caution ahead of the Federal Reserve's interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions.

The Shanghai Composite Index lost 0.25 per cent, Hong Kong's Hang Seng rose 0.15 per cent and Japan's Nikkei

Details
Category: Stock Market

Write comment (93 Comments)

KKR unit files petition to avoid ex parte order
Mumbai: An affiliate of the US-headquartered private equity major KKR has filed a petition in the Bombay High Court asking to be heard first should one of their portfolio firms SARE Homes approach it for relief.

KKR India Asset Finance filed a caveat petition earlier this month and law firm AZB - Partners are advising the investors in the

Details
Category: Stock Market

Write comment (91 Comments)

Bank of England to keep key rate unchanged as outlook darkens
By Lucy Meakin and Harumi IchikuraBank of England policy makers will probably keep policy on hold on Thursday despite warnings that interest rates will have to rise in the future.

All but one of the 20 analysts surveyed by Bloomberg predict a unanimous vote to keep the benchmark at 0.75%. Political turmoil, a lack of clarity about Britain’s d

Details
Category: Stock Market

Write comment (91 Comments)

ET Intelligence Group: The stake sale by Piramal Enterprises in Shriram Transport Finance Company (STFC) points to the changing landscape for non-banking finance companies (NBFCs) in the wake of a hardening regulatory stance by the central bank.

While the development does not affect the fundamentals of STFC much in the medium term, it reflects the

Details
Category: Stock Market

Write comment (97 Comments)

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

Shares of Steel Authority of India (SAIL) (down 2.78 per cent) , JSW Steel (down 2.62 per cent) , Jindal Steel - Power (down 2.61 per cent) and Tata Steel (down 2.30 per cent) were the worst performers in the index.

Vedanta (down 2.06 per cent) , Jindal

Details
Category: Stock Market

Write comment (100 Comments)

Trump says -lsquo;it doesn't matter- if Xi agrees to meeting at G-20
By Josh WingrovePresident Donald Trump said “it doesn’t matter” if Chinese President Xi Jinping agrees to meet with him later this month to restart negotiations over trade because the US is collecting billions of dollars in tariffs on goods from the country.

“If he shows up, good,” Trump told Fox News on Friday. “If he doesn’t -- in the meantime, w

Details
Category: Stock Market

Write comment (91 Comments)

Yes BankAT1 yields soar as analysts worry about thin trade
Yes Bank’s additional tier-1 (AT1) bond yield soared past 13 per cent, mirroring investor worry the lender’s equity position may get dented with more provisioning for bad loans. Though thinly-traded, the lack of demand for these bonds puts the focus on the bank’s urgent needs for capital.

Yes Bank has been issuing AT1 bonds since 2010. These bonds

Details
Category: Stock Market

Write comment (90 Comments)

Share market update: Nifty Pharma index flat; Lupin, Cipla among top losers
NEW DELHI: Pharma shares were trading with losses in Monday's morning session with their sectoral index trading flat.

Shares of Lupin (down 1.21 per cent), Biocon (down 0.72 per cent), Cipla (down 0.48 per cent) and Sun Pharmaceutical Industries (down 0.31 per cent) were trading with losses.

Dr. Reddy's Laboratories (down 0.25 per cent), Cadila

Details
Category: Stock Market

Write comment (96 Comments)

In yet another wide-ranging week, Nifty oscillated in a 400-point range and ended with a modest cut. In our previous weekly note, we had raised concerns about Nifty failing to confirm an attempted breakout. In line with that analysis, the index did not show any intention to break above the critical resistance levels.

After moving in a broad range,

Details
Category: Stock Market

Write comment (92 Comments)

Shriram Transport plunges 7% after multiple block deals
NEW DELHI: Shares of Shriram Transport Finance (STFC) plunged nearly 7 per cent to Rs 1,011 in Monday's session after Piramal Enterprises sold its entire stake in the company via multiple block deals.

"We wish to inform you that the company has sold its entire direct investment of 9.96 per cent in the fully paid-up share capital of Shriram

Details
Category: Stock Market

Write comment (91 Comments)

Stock market update: IT shares mixed; Tata Elxsi rises over 1%
NEW DELHI: IT shares were trading on a mixed note in Monday's morning session.

Shares of Tata Elxsi (up 1.28 per cent) , Oracle Financial Services Software (up 0.64 per cent) , Wipro (up 0.49 per cent) and Tata Consultancy Services (up 0.12 per cent) were trading with gains.

Infibeam Avenues (down 3.24 per cent), HCL Technologies (down 0.64 per

Details
Category: Stock Market

Write comment (91 Comments)

By DK Aggarwaldk It all started with the surprise default of AAA-rated IL-FS group in September, 2018, which had earlier enjoyed high ratings from rating companies due to window-dressing of its books.

That default and others that followed turned attention on credit rating agencies. Besides, a crippling liquidity crunch has spooked the confidence

Details
Category: Stock Market

Write comment (91 Comments)

Share market update: FMCG shares trade lower; Emami dips 2%
NEW DELHI: FMCG shares were trading lower in Monday's morning session.

Shares of Emami (down 2.12 per cent), Jubilant Foodworks (down 1.68 per cent), Procter - Gamble Hygiene - Healthcare (down 1.44 per cent), and Britannia Industries (down 1.15 per cent) were trading lower.

Hindustan Unilever (down 0.43 per cent), GlaxoSmithKline

Details
Category: Stock Market

Write comment (100 Comments)

Vodafone Idea, Bharti Airtel shares under pressure on setback from DoT
NEW DELHI: Shares of Vodafone Idea suffered losses while those of Bharti Airtel traded almost flat in morning trade on Monday after they received a setback from the Department of Telecommunications.

ET reported that the Department of Telecommunications (DoT) has backed penalties of Rs 3,050 crore on Bharti Airtel and Vodafone Idea for allegedly

Details
Category: Stock Market

Write comment (100 Comments)

Neeraj Gambhir to join Axis Bank
MUMBAI: Neeraj Gambhir, former managing director and head of fixed income of Nomura India, will soon be joining private lender Axis Bank.

Gambhir, 46, will be heading the bank’s capital and money market businesses, people in the know said.

Gambhir did not answer multiple calls and Axis Bank did not respond to ETs query.

Gambhir, one of the

Details
Category: Stock Market

Write comment (91 Comments)

Lupin, RIL, L T among 10 stocks that analysts say can deliver gains in 2-3 weeksLupin, RIL, L T among 10 stocks that analysts say can deliver gains in 2-3 weeksLupin, RIL, L T among 10 stocks that analysts say can deliver gains in 2-3 weeks
Lupin, RIL, L T among 10 stocks that analysts say can deliver gains in 2-3 weeks
NEW DELHI: Domestic stocks declined sharply in early trade on Monday, with benchmark Sensex slipping 150 points and Nifty testing 11,770 within the first 10 minutes of trade amid a spike in crude oil prices and rising trade friction.

Lacklustre global cues ahead of Fed meet and rupee's weakness also hurt investors’ risk appetite.

Analysts

Details
Category: Stock Market

Write comment (98 Comments)

Jet Airways share price: Jet crashes 15% to hit fresh all-time low ahead of lenders' meet - The TheIndianSubcontinent

Never miss a great news story!Get instant notifications from TheIndianSubcontinentAllowNot now

You can switch off notifications anytime using browser settings.

News

LATEST NEWS
  • ADAG shares down; Reliance Infra slips 10% post Q4 results;
Details
Category: Stock Market

Write comment (100 Comments)

Strong US retail sales improve economy's fortunes
WASHINGTON: US retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that eased fears the economy was slowing down sharply in the second quarter.

The fairly upbeat report from the Commerce Department on Friday followed a raft of weak data, including a step-down in hiring in May

Details
Category: Stock Market

Write comment (98 Comments)

China central bank injects funds, second phase of RRR cut takes effect
PBOC: China central bank injects funds, second phase of RRR cut takes effect - The TheIndianSubcontinent

Never miss a great news story!Get instant notifications from TheIndianSubcontinentAllowNot now

You can switch off notifications anytime using browser settings.

News

Browse CompaniesABCDEFGHIJKLMNOPQRSTUVWXYZ|123456789
Details
Category: Stock Market

Write comment (92 Comments)

ADAG shares down; Reliance Infra slips 10% post Q4 results; RCap, RPower down up to 7%
Shares of Reliance Infrastructure dipped as much as 10 per cent in early trade on Monday after the company reported a net loss of Rs 3,301 crore for the fourth quarter of 2018-19, its biggest ever, as it undertook impairment and write-offs of over Rs 8,500 crore.

The scrip was trading nearly 11 per cent down at Rs 52.70 at around 9.17 am (IST),

Details
Category: Stock Market

Write comment (96 Comments)

All eyes on Fed as stock market pines for rate cut
NEW YORK: The Federal Open Market Committee meeting next week is shaping up as a pivotal one for Wall Street, with stocks primed for a selloff should the Fed fail to take an even more dovish tilt after policymakers raised expectations for a rate cut in recent weeks.

The benchmark S-P 500 has rallied more than 5 per cent this month as softening

Details
Category: Stock Market

Write comment (96 Comments)

Vedanta drops 3% as firm loses $200 million in profits in a year
NEW DELHI: Shares of Vedanta fell nearly 3 per cent to Rs 164.80 in Monday's session after the Chairman's statement that the firm has lost about $200 million in profits ever since its copper plant in Tamil Nadu was shut.

A PTI report quoted the Group Chairman Anil Agarwal saying that Vedanta lost about $200 million in profits ever since its copper

Details
Category: Stock Market

Write comment (91 Comments)

Trump warns of epic stock market crash if he isn't re-elected
(Bloomberg) --President Donald Trump, gearing up for the official start of his 2020 campaign, warned that the U.S. would face an epic stock market crash if he’s not re-elected.

“If anyone but me takes over,” Trump told his 61 million Twitter followers on Saturday, “there will be a Market Crash the likes of which has not been seen before!”

Trump

Details
Category: Stock Market

Write comment (90 Comments)

This week, NBFCs dominated the market, recording one the highest turnovers on the exchanges. Rumours and conjectures were overshadowing stocks such as Indiabulls Housing Finance, DHFL and also banks like Yes Bank, IndusInd Bank, which is a sign that the pain is nearing an end.

Sectorally, the market is divergent and chaotic and no single

Details
Category: Stock Market

Write comment (92 Comments)

Stock market update: Realty shares slip; Sunteck Realty falls 3%
NEW DELHI: Most realty shares were trading in the negative zone in Monday's morning session.

Shares of Sunteck Realty (down 3.23 per cent), DLF (down 2.64 per cent) and Oberoi Realty (down 1.24 per cent) were the top losers in the index.

Brigade Enterprises (down 1.10 per cent), Sobha (down 0.61 per cent), Godrej Properties (down 0.12 per cent)

Details
Category: Stock Market

Write comment (90 Comments)

Fed meet, crude oil among 8 key factors that may guide market this week
NEW DELHI: Fresh trade war jitters and worries over weakness in the global economy kept the stock market subdued last week.

The prolonged liquidity crisis in the NBFC sector and reports of defaults and corporate mismanagements made investors wary, triggering a correction in the market, which was trading at high valuations.

“Other than he weak g

Details
Category: Stock Market

Write comment (93 Comments)

China factories see slowest growth in 17 years
China’s industrial output growth slowed to the weakest pace since 2002 and investment decelerated, highlighting the headwinds the economy is facing as it grapples with the US tariff war.

Industrial output rose 5 per cent from a year earlier, while fixed-asset investment expanded 5.6 per cent in the first five months. Both were slower than in April

Details
Category: Stock Market

Write comment (97 Comments)

BOJ to stand pat even as trade war, dovish Fed cloud outlook
TOKYO: The Bank of Japan is expected to maintain its massive stimulus programme on Thursday and signal its readiness to ramp up monetary support if growing risks such as the escalating US-China trade war threaten the economy's modest expansion.

Many BOJ policymakers are wary of using their dwindling policy ammunition any time soon as years of

Details
Category: Stock Market

Write comment (96 Comments)

Reliance Infrastructure reports biggest ever loss; auditors raise concern over business
MUMBAI: Anil Ambani-led Reliance Infrastructure (RInfra) has reported a net loss of Rs 3,301 crore in the fourth quarter of 2018-19, its biggest ever, as the company undertook impairment and write-offs of over Rs 8,500 crore. The auditors have raised questions about the company’s ability to continue in business. RInfra set-off exceptional losses a
Details
Category: Stock Market

Write comment (93 Comments)

Hexaware Technologies: Hexaware buys Mobiquity for $182 million - The TheIndianSubcontinent

Never miss a great news story!Get instant notifications from TheIndianSubcontinentAllowNot now

You can switch off notifications anytime using browser settings.

News

Stock Analysis, IPO, Mutual Funds, Bonds - More

Mobiquity, which leverages Amazon Web

Details
Category: Stock Market

Write comment (97 Comments)