StockMarket

Grasim Q4 profit rises 18% YoY to Rs 373 crore, revenue up 48% at Rs 4,606 crore
NEW DELHI: Grasim Industries on Wednesday posted an 18.26 per cent rise in standalone profit at Rs 373.12 crore against 315.49 crore profit in the year-ago period.

Revenue from operations stood at Rs 4,605.55 crore, a 47.77 per cent jump from 3,116.64 crore logged in the corresponding quarter last year.

Total income of the company came in at Rs

Details
Category: Stock Market

Write comment (94 Comments)

Market Now: Capital goods index climbs over 1%; Graphite India, L T top contributors
NEW DELHI: Gains in Suzlon Energy (up 2.83 per cent), Graphite India (up 2.20 per cent), BEML (up 1.77 per cent) and Larsen - Toubro (up 1.59 per cent) gave a boost to capital goods index during Wednesday's trade.

The BSE Capital Goods index was trading 1.08 per cent up at 18,619 around 12:30 pm.

Shares of GE T-D India (up 1.52 per cent),

Details
Category: Stock Market

Write comment (93 Comments)

Cipla jumps 7% on profit push, but brokerages cut target price
NEW DELHI: Shares of Cipla on Wednesday got a shot in the arm as the drugmaker swung back into profit.

The stock went up as much as 7.8 per cent to Rs 564.90 this morning -- its biggest intraday percentage gain since February 8.

The company on Tuesday posted Q4 profit of Rs 179 crore ($26.24 million) against a loss of Rs 61.79 crore last year.

G

Details
Category: Stock Market

Write comment (100 Comments)

Market Now: IT stocks log gains amid a fresh fall in rupee
NEW DELHI: Shares of KPIT Technologies (up 4.81 per cent), Tata Elxsi (up 2.95 per cent) and Tech Mahindra (up 2.40 per cent) were witnessing strong buying during afternoon trade on Wednesday amid a fresh fall in Indian rupee against the US dollar.

The Nifty IT index was trading 0.60 per cent up at 13,565 around 01:50 pm.

Shares of Oracle

Details
Category: Stock Market

Write comment (93 Comments)

Ballarpur Industries' Q4 net loss narrows to Rs 145.82 crore
NEW DELHI: Avantha group firm Ballarpur Industries' consolidated net loss narrowed to Rs 145.82 crore for the quarter ended March 31, 2018, on the account of higher income.

The company, which makes writing and printing paper, had posted a net loss of Rs 243.37 crore in the same period previous fiscal.

Total income from operations stood at Rs

Details
Category: Stock Market

Write comment (92 Comments)

Market Now: Midcaps outpace Sensex; L T Infotech, Natco Pharma top gainers
NEW DELHI: The BSE Midcap index was outpacing benchmark Sensex during Wednesday's trade.

Around 11 am, the midcap index was 0.11 per cent up at 15,756, while Sensex was 0.20 per cent down at 34,581. The Nifty50 was 0.40 per cent down at 10,495 around the same time.

Shares of Larsen - Toubro Infotech (up 5.25 per cent) and Natco Pharma (up 4.15

Details
Category: Stock Market

Write comment (97 Comments)

By Andy MukherjeeIs the Nifty 50 a work of art – like Star Wars

Over the coming weeks, the National Stock Exchange of India Ltd. will assert an intellectual property right over its popular equity benchmark. It’s seeking an injunction against Singapore Exchange Ltd., which wants to start its own derivative based on publicly available settlement p

Details
Category: Stock Market

Write comment (91 Comments)

Top intraday trading ideas for afternoon trade for Wednesday, 23 May 2018
NEW DELHI: The Nifty50 index was trading 25 points down at 10,512 around 12 pm on Wednesday following selling in frontline bluechip counters.

ETMarkets.com collated a list of trading ideas from various experts and here's what they had recommended for today's afternoon trade:

Sagar Doshi, head technical analyst of Edelweiss BrokingBerger Paints is

Details
Category: Stock Market

Write comment (94 Comments)

Market Now: Private bank index slips; IndusInd Bank, HDFC Bank among losers
NEW DELHI: A majority of private bank stocks including IndusInd Bank (down 1.61 per cent), IDFC Bank (down 1.45 per cent) and RBL Bank (down 0.52 per cent) were trading in the lower terrain during Wednesday's trade.

Shares of HDFC Bank (down 0.42 per cent), South Indian Bank (down 0.40 per cent), Kotak Mahindra Bank (down 0.39 per cent) and YES Bank

Details
Category: Stock Market

Write comment (96 Comments)

Market Now: Nifty Auto index in the red; Eicher Motors, Bajaj Auto decline over 1%
NEW DELHI: Auto stocks Motherson Sumi Systems (down 3.87 per cent), Eicher Motors (down 1.13 per cent) and Bajaj Auto (down 1.08 per cent) were trading with losses during afternoon trade on Wednesday.

The Nifty Auto index was trading 0.32 per cent down at 10,878 around 01:30 pm.

Shares of Maruti Suzuki India (down 0.64 per cent), Hero MotoCorp (dow

Details
Category: Stock Market

Write comment (95 Comments)

Market Now: Power stocks mixed; Reliance Infra, NTPC keep the sectoral index up
NEW DELHI: Power stocks were trading mixed during Wednesday's trade.

However, gains in shares of Suzlon Energy (up 3.51 per cent), Reliance Infrastructure (up 1.98 per cent), PTC India (up 1.74 per cent), NHPC (up 1.70 per cent) and NTPC (up 1.61 per cent) were keeping the sectoral index in the green.

The BSE Power index was trading 0.61 per cent up

Details
Category: Stock Market

Write comment (92 Comments)

After surging 850% in 5 years, this smallcap is a high conviction idea
NEW DELHI: This Vadodara-based smallcap company has a market capitalisation of just over Rs 3,300 crore, but is a big favourite among institutional investors.

As many as 33 foreign portfolio investors (FPIs), nine mutual funds (MFs) and two alternative investment funds own nearly one-fourth of shareholding in this chemical manufacturer.

Some

Details
Category: Stock Market

Write comment (94 Comments)

By Abhishek Vishnoi

Even the normally bullish Mark Mobius says there’s worse to come for emerging markets.

There’s a danger of contagion from the deteriorating situation in Turkey, and Argentina and Brazil aren’t doing well, said the veteran developing-nation investor, who left Franklin Templeton Investments earlier this year and set up Mobius C

Details
Category: Stock Market

Write comment (99 Comments)

Market Now: Power stocks mixed; Reliance Infra, NTPC keep the sectoral index up
NEW DELHI: Power stocks were trading mixed during Wednesday's trade.

However, gains in shares of Suzlon Energy (up 3.51 per cent), Reliance Infrastructure (up 1.98 per cent), PTC India (up 1.74 per cent), NHPC (up 1.70 per cent) and NTPC (up 1.61 per cent) were keeping the sectoral index in the green.

The BSE Power index was trading 0.61 per cent up

Details
Category: Stock Market

Write comment (99 Comments)

Market Now: SBI boosts Nifty PSU bank index
NEW DELHI: Buoyed by strong gains in State Bank of India (up 4.59 per cent), the Nifty PSU Bank index was trading 3.63 per cent up at 2,918 around 10:40 am on Wednesday, emerging as the top sectoral gainer on NSE.

SBI on Tuesday posted a standalone net loss at Rs 7,718 crore in the March quarter, due to higher provisions for bad loans and gratuity,

Details
Category: Stock Market

Write comment (94 Comments)

Nikkei posts biggest fall in 2 months as trade worries return
TOKYO: Japan's Nikkei share average suffered its biggest fall in two months on Wednesday, as comments from US President Donald Trump rekindled worries about trade friction, hurting steelmakers and shippers among others.

The Nikkei tumbled 1.2 per cent to 22,690, after sliding to 22,650 earlier, the weakest intraday level since May 11.

Trump on

Details
Category: Stock Market

Write comment (93 Comments)

Market Now: Telecom pack slips; GTL Infra, Bharti Airtel among top drags
NEW DELHI: Telecom stocks were trading mixed during Wednesday's trade.

However, losses in stocks such as GTL Infrastructure (down 1.82 per cent) and Sterlite Technologies (down 1.65 per cent) were keeping the sectoral index slightly down.

The BSE Telecom index was trading 0.17 per cent down at 1,174 around 11:35 am.

Tata Teleservices (Maharashtra)

Details
Category: Stock Market

Write comment (100 Comments)

Tata Motors revs up ahead of Q4; what to expect
Tata Motors pulled higher by over 1 per cent early on Wednesday ahead of its financial results for the quarter to March.

The scrip was up 1.22 per cent at Rs 311.50 at around 9.20 am. The BSE Sensex was down 17 points, or 0.05 per cent, at 34,633.

Brokerage firm Motilal Oswal sees 11.30 per cent year-on-year (yoy) rise in net profit of Tata

Details
Category: Stock Market

Write comment (94 Comments)

After up to 90% plunge, do midcaps smallcaps present an opportunity to buy lowAfter up to 90% plunge, do midcaps smallcaps present an opportunity to buy lowAfter up to 90% plunge, do midcaps smallcaps present an opportunity to buy low
After up to 90% plunge, do midcaps smallcaps present an opportunity to buy low
NEW DELHI: Smallcap stocks are plunging like a falling knife. Nine of every 10 stocks in the 860-member BSE Smallcap index are currently trading in the red.

As many as 57 of them have lost 50-90 per cent of value from their January highs while 268 others have lost over 30 per cent. The sharp fall in this pack has caught small investors off guard.

Details
Category: Stock Market

Write comment (100 Comments)

Market Now: BPCL, HPCL, IOC sink oil gas index
NEW DELHI: Strong losses in BPCL (down 6.57 per cent), HPCL (down 6.31 per cent) and Indian Oil Corporation (down 4.83 per cent) dealt a blow to oil - gas index in Wednesday's trade.

The BSE Oil - Gas index was trading 2.62 per cent down at 13,881 around 11:25 pm.

Oil stocks were experiencing the heat of selling amid surging global crude

Details
Category: Stock Market

Write comment (96 Comments)

Tata Motors revs up ahead of Q4; what to expect
Tata Motors pulled higher by over 1 per cent early on Wednesday ahead of its financial results for the quarter to March.

The scrip was up 1.22 per cent at Rs 311.50 at around 9.20 am. The BSE Sensex was down 17 points, or 0.05 per cent, at 34,633.

Brokerage firm Motilal Oswal sees 11.30 per cent year-on-year (yoy) rise in net profit of Tata

Details
Category: Stock Market

Write comment (91 Comments)

Australian shares fall on Santos plunge; NZ dips on Fonterra
Energy stocks drove Australian shares lower on Wednesday, after oil and gas producer Santos rejected U.S.-based firm Harbour Energy's $10.8 billion takeover offer.

The S-P/ASX 200 index slipped 0.2 per cent or 9.4 points to 6032.5 at the close of trade. The benchmark declined 0.7 per cent on Tuesday.

Santos on Tuesday ended talks with Harbour

Details
Category: Stock Market

Write comment (95 Comments)

Whistleblower writes to Sebi, US SEC, calls current Infosys board a 'disappointment'
Bengaluru: A whistleblower has written to the market regulators in India and the US to take action against the Infosys board and claimed the “current board led by Nandan Nilekani failed to uphold the highest traditions of corporate governance practised by the company” and is “a huge disappointment”.

The anonymous whistleblower, in a fresh letter

Details
Category: Stock Market

Write comment (100 Comments)

Market Now: Berger Paints, Chokhani Securities among stocks that touched 52-week highs
NEW DELHI: Shares of Berger Paints, Chokhani Securities, Coastal Corporation, Creative Castings, Fine-line Circuits, KIC METALIKS, Shukra Pharmaceuticals and Sinner Energy India hit 52-week highs on BSE in Wednesday's trade so far.

However, Adani Power, Adlabs Entertainment and Apollo Hospitals Enterprise hit 52-week lows.

By 10:30 am, as many as 15

Details
Category: Stock Market

Write comment (91 Comments)

Market Now: Bajaj Electricals, VIP Industries keep consumer durables index up
NEW DELHI: Robust gains in Bajaj Electricals (up 5.65 per cent), PC Jeweller (up 4.56 per cent) and VIP Industries (up 4.47 per cent) were keeping the consumer durables index in the positive territory during Wednesday's trade.

The BSE Consumer Durables index was trading 0.43 per cent up at 21,270 around 12:45 pm.

Shares of Rajesh Exports (up 1.77

Details
Category: Stock Market

Write comment (96 Comments)

Vedanta hits over 10-month low as protests against copper plant turn violent
Shares of Vedanta Ltd fell to their lowest since July 5, 2017, after at least nine people were killed in the southern state of Tamil Nadu when police fired at violent protesters calling for the closure of a copper smelter run by parent Vedanta Resources Plc.

Demonstrations against the copper plant, one of India's biggest, have been going on for

Details
Category: Stock Market

Write comment (100 Comments)

By Arie ShapiraA global equity fund whose manager has drawn comparisons to Warren Buffett in the UK press is outperforming rivals thanks to a 166 per cent rally in World Wrestling Entertainment Inc. over the past seven months.

London-based Lindsell Train Ltd sits atop the holder list with 7.1 million shares at the end of March. This equates to

Details
Category: Stock Market

Write comment (99 Comments)

Sometimes, you do not need to do anything to make money in marketSometimes, you do not need to do anything to make money in marketSometimes, you do not need to do anything to make money in market
Sometimes, you do not need to do anything to make money in market
What would you do if you are unable to fathom what is going on in the stock market with so many macroeconomic distress at play

Do nothing and stay put in the systematic investment plan (SIP) of mutual funds that you may be having. If you do not have it, go for one, say market veterans.

But if somehow had you accidentally drifted into a smallcap

Details
Category: Stock Market

Write comment (95 Comments)

Market Now: Smallcaps in sync with midcaps, outperform Sensex
NEW DELHI: In line with midcaps, smallcaps too were outperforming Sensex during Wednesday's trade.

Around 11:10 am, the BSE Smallcap index was 0.32 per cent up at 17,111, while the BSE Sensex was 0.16 per cent down at 34,596. The Nifty50 index was 0.35 per cent down at 10,500 around the same time.

Shares of Madhucon Projects (up 9.15 per cent),

Details
Category: Stock Market

Write comment (100 Comments)

Market Now: Over 80 stocks hit 52-week lows on NSE
NEW DELHI: Over 80 stocks including Adani Power, Ansal Housing and Construction, Bal Pharma, Corporation Bank and Engineers India hit 52-week lows on NSE during Wednesday's trade.

GTL Infrastructure, Hind Syntex, HMT, Vakrangee, Vardhman Polytex, Vijay Shanthi Builders, Websol Energy System and Zylog Systems also featured among stocks that hit

Details
Category: Stock Market

Write comment (100 Comments)