StockMarket

Buffett arrives for AGM, many D-St pundits among 42,000 crowd at Omaha

Authors: Super User

NEW DELHI: It's not only investors, even market gurus swear by Warren Buffett's words of wisdom. Warren Buffett arrived at the venue amid cheers and excitement as the huge gathering readied to listen to him.

As Omaha readies for Warren Buffett's address to Berkshire Hathaway shareholders at the annual general meeting, market

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Authors: Jordan

MUMBAI: Midcap IT stocks declined on Friday mirroring the 10% intra-day plunge at Hexaware Technologies, which faced a raft of downgrades from analysts who believe the scrip doesn’t warrant multiples superior to its peer group.

Shares of Tata Elxsi, NIIT Technologies, Sonata Software and Datamatics Global declined up to 8% on

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Market Now: Over 10 stocks hit 52-week highs in a weak market

Authors: Jordan

NEW DELHI: Over 10 stocks including DCM Financial Services, Khadim India, Manappuram Finance, Tata Chemicals and Zenith Exports hit fresh 52-week highs on NSE during Friday's trade, defying the prevailing bearish market mood.

Key equity indices Sensex and Nifty50 were trading in the negative territory tracking weak global cues as

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Avenue Supermarts reports 73% rise in Q4 net profit

Authors: Super User

NEW DELHI: Avenue Supermarts (D-Mart) on Saturday reported 72.9 per cent year-on-year (YoY) rise in net profit at Rs 167 crore for the March quarter.

The food - grocery retailer reported Rs 97 crore profit in the year-ago quarter.

Total revenue for the quarter came in at Rs 3,810 crore, up 22.5 per cent YoY. The company had

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Manu Jain ready to reap windfall from Xiaomi IPO

Authors: Jordan

KOLKATA: Xiaomi Corp’s India managing director and global vice-president Manu Kumar Jain is set to benefit substantially when the $18-billion Chinese smartphone maker lists shares in Hong Kong over the next few months in one of the biggest initial public offerings (IPOs) globally in four years.

Jain, 37, is the only foreigner among

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Market Now: Over 10 stocks hit 52-week highs in a weak market

Authors: Jordan

NEW DELHI: Over 10 stocks including DCM Financial Services, Khadim India, Manappuram Finance, Tata Chemicals and Zenith Exports hit fresh 52-week highs on NSE during Friday's trade, defying the prevailing bearish market mood.

Key equity indices Sensex and Nifty50 were trading in the negative territory tracking weak global cues as

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Buzzing stocks: PCJzigzag show, midair turmoil for aviation stocks

Authors: Jordan

NEW DELHI: Domestic equity benchmarks consolidated with a negative bias all through this past truncated week amid a host of earnings, US Fed rate review, uncertainty over the outcome of US-China trade talks and a spike in crude prices.

Foreign outflows continued but domestic inflows remained strong and helped the indices cap losses.

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Sebi proposes changes to public issue norms; moots shorter time period for IPO price announcement

Authors: Jordan

NEW DELHI: Sebi today proposed a slew of changes to public issue norms, including shorter time period for price band announcement and lesser disclosures about group companies at the time of IPOs.

Besides, the watchdog has mooted reducing the minimum application size for anchor investors to Rs 2 crore from current level of Rs 10

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Authors: Jordan

Buffett empire's cash holding more than that of all BSE200 firmsBuffett empire's cash holding more than that of all BSE200 firmsBuffett empire's cash holding more than that of all BSE200 firms
Buffett empire's cash holding more than that of all BSE200 firms
NEW DELHI: The much-awaited speech from iconic investor Warren Buffett at Berkshire Hathaway's upcoming annual shareholder meeting on Saturday is keeping investors wide-eyed.

Just how much is at stake And how big is his empire Let's dive in.

Known as Oracle of Omaha, Buffett is third-richest on this planet with $83 billion in

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5 things to look out for in Buffett speech besides gems of wisdom

Authors: Jordan

Legendary investors Warren Buffett and Charlie Munger will begin their address to Berkshire Hathaway shareholders at 7.30 pm Indian Standard time on Saturday.

Buffett always has a quote to address every dilemma in financial markets, and his followers swear by them. Investors the world over will watch the event closely, as Buffett

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Yatra files shelf registration with SEC to raise $100 million over 3 years

Authors: Jordan

NEW DELHI: Yatra Online, India’s second-largest online travel operator, has filed a shelf registration statement with the US Securities and Exchange Commission (SEC), stating its intention to raise $100 million over a three year period.

In the statement, the company said, “From time to time, we may offer up to $100,000,000 of any c

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Market Now: Over 85 stocks hit 52-week lows on NSE

Authors: Jordan

NEW DELHI: Over 85 stocks including HCC, HPCL, Idea Cellular and IDFC Bank hit their 52-week lows level on NSE during Friday's trade. Centrum Capital, Chennai Petroleum Corporation, Jaypee Infratech, Mahanagar Gas, Strides Shasun and Vakrangee too featured among stocks that hit 52-week lows on NSE during Friday's trade.

Key equity

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Why markets are watching global central banks closely these days

Authors: Jordan

By DK AggarwalMarkets are closely watching the central banks for clues as to how aggressive they will be in the year ahead. Central banks across the globe are preparing the markets for a gradual withdrawal from accommodative monetary policies, which they had introduced in the system to revive their economies. The Great Recession was
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Sebi proposes stricter ownership, governance norms for rating agencies, RTAs

Authors: Jordan

Regulator Sebi today proposed stricter ownership and governance norms for credit rating agencies, debenture trustees and registrar and share transfer agents as applicable to other market infrastructure institutions.

At present, stock exchanges, depositories and clearing corporations are considered market infrastructure

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Market Now: Over 85 stocks hit 52-week lows on NSE

Authors: Jordan

NEW DELHI: Over 85 stocks including HCC, HPCL, Idea Cellular and IDFC Bank hit their 52-week lows level on NSE during Friday's trade. Centrum Capital, Chennai Petroleum Corporation, Jaypee Infratech, Mahanagar Gas, Strides Shasun and Vakrangee too featured among stocks that hit 52-week lows on NSE during Friday's trade.

Key equity

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Authors: Jordan

After five weeks of significant pullback, the domestic equity market took a breather during the week gone by on the expected lines. The benchmark Nifty50 halted its upward move, moved in a range before ending the week with a net loss of 74.05 points, or 0.69 per cent.

We had mentioned the 10,790 level in our weekly note as a

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Wall Street little changed after US jobs report

Authors: Jordan

US stock indexes were little changed on Friday in choppy trading after data showed weaker-than-expected U.S. jobs and wages growth in April, while unemployment rate dropped to a 17-1/2-year low.

Apple rose 2.4 percent, helping the indexes shed earlier losses, after Warren Buffett's Berkshire Hathaway raised its stake in the iPhone ma

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Market Now: IB Real Estate, Godrej Properties, DLF keep Nifty Realty index up

Authors: Jordan

NEW DELHI: Gains in shares of Indiabulls Real Estate (up 3.36 per cent), HDIL (up 1.92 per cent), Godrej Properties (up 1 per cent) and DLF (up 0.70 per cent) were keeping the Nifty Realty index up, while equity benchmarks were down.

The Nifty Realty index was trading 0.63 per cent up at 312 around 11:10 am (IST).

However, realty

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Authors: Jordan

The domestic equity market remained flat with a negative bias during the week gone by. The US Fed kept interest rates unchanged on Wednesday, but expectation of gradual rate increases remained. The week was lightened up with strong sales numbers from auto firms, which maintained a double-digit growth rate with Tata Motors posting
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Bharti Airtel rallies over 3% as company eyes cash call

Authors: Jordan

NEW DELHI: Bharti Airtel jumped over 3 per cent today on a report that the firm may raise as much as $1.5 billion through stake dilution when it lists the holding company for Africa operations in early 2019.

The money will help bolster the telco’s efforts to stay competitive in the Indian market where Bharti just announced its f

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Market Now: Kotak, YES, Axis Bank a drag on Nifty Private Bank index

Authors: Jordan

NEW DELHI: Losses in shares of Kotak Mahindra Bank (down 0.90 per cent), YES Bank (down 0.89 per cent) and Axis Bank (down 0.71 per cent) were weighing on Nifty Private Bank index during the early trade on Friday.

The Nifty Private Bank index was trading 0.09 per cent down at 14,641 around 10:50 am (IST).

Shares of South Indian

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The world is glued to Omaha for Berkshire AGM: Whatin store

Authors: Jordan

Thousands of investors as well as shareholders from across the world are converging in Omaha for Berkshire Hathaway’s annual general meeting, which will be addressed by legendary investors Warren Buffett and Charlie Munger in a few hours from now.

The atmosphere was electric at the Century Link Convention Centre on Friday as

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Market Now: Auto stocks slide; TVS Motor, Bharat Forge top losers

Authors: Jordan

NEW DELHI: Most auto stocks were trading in the red during afternoon trade on Friday.

The Nifty Auto index was trading 0.81 per cent down at 11,359 around 12:10 pm (IST).

Shares of TVS Motor Company (down 2.45 per cent), Bharat Forge (down 2.35 per cent), Motherson Sumi Systems (down 2.21 per cent) and Bajaj Auto (down 2.02 per

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Good times for exporters as rupee falls

Authors: Jordan

MUMBAI: The rupee’s whipsaw against the US dollar has kept traders on the edge for the past two years, but the local currency’s movement relative to that of its giant northern neighbour is giving the policy mandarins in New Delhi some cause to cheer.

In the past one year, the rupee has lost about 13 per cent against the Chinese

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Apple stock hits record high after BuffettBerkshire increases stake

Authors: Jordan

NEW YORK: Apple Inc’s stock hit an all-time high on Friday after Warren Buffett’s Berkshire Hathaway Inc disclosed it had bought 75 million more shares of the iPhone maker in the first three months of the year.

Buffett’s increased stake, confirmed by a representative of the billionaire investor, pushed Apple’s shares up as much as 3.

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Top intraday trading ideas for afternoon trade for Friday, 4 May 2018

Authors: Jordan

NEW DELHI: The Nifty50 index was trading 55 points down at 10,625 around 11:50 am (IST) on Friday 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:

Kunal Bothra, independent market expertIndian Bank i

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Market Now: Nifty PSU Bank index up; all index components trade with gains

Authors: Jordan

NEW DELHI: Most PSU bank stocks were trading with gains during the early trade on Friday.

The Nifty PSU Bank index was trading 0.76 per cent up at 2,816 around 10:40 am (IST) with all components in the green.

Shares of Bank of India (up 1.93 per cent), Oriental Bank of Commerce (up 1.80 per cent) and Bank of Baroda (up 1.78 per

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Indiabulls Ventures raises ₹2,000 crore via preference share sale

Authors: Jordan

MUMBAI: Local financial services provider Indiabulls Ventures has raised ₹2,000 crore (or $300 million) through a preferential share sale to help expand its credit business.

Several bulge-bracket investors, including the Soros Fund, DF International Partners and Steadview Capital, are said to have bought those preference shares that

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Market Now: Sun Pharma, Aurobindo Pharma keep Nifty Pharma index down

Authors: Jordan

NEW DELHI: Losses in the shares of Sun Pharmaceutical Industries (down 2.09 per cent), Aurobindo Pharma (down 1.40 per cent) and Cipla (down 1.40 per cent) were keeping the Nifty Pharma index down during Friday's trade.

The Nifty Pharma index was trading 1.14 per cent down at 8,864 around 11:55 am (IST).

Shares of Cadila Healthcare

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When multibaggers slip! 11 stocks that are in the red after five-year dream run

Authors: Jordan

Stocks that have consistently compounded investor wealth on Dalal Street for last five years are going through a rough patch this year. As many as 11 out of 12 companies that rallied over 20 per cent every year since 2013 have tumbled up to 77 per cent this calendar year till May 2.

Data available with corporate database Capitaline

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