Depository of News

Top headlines: Setback for FRL in Amazon dispute; Vi accepts moratorium

Business Standard brings you the top stories from today

Bitcoin climbs to record high after futures-based ETF debut

The largest cryptocurrency jumped as much as 3.1% to $66,084

Markets skid for second day as inflation, valuation concerns' weigh

Analysts said the inflationary pressure seen by companies such as HUL and Nestle India have made the Street temper down its earnings growth expectations

Mirae Asset MF AUM tops Rs 1 trillion

Fund house plans to strengthen its debt offerings

Naspers-backed online wealth manager Fisdom enters stock broking

At present, Fisdom operates a successful mutual fund distribution platform. The broking foray comes amid a frenzy to open new accounts underpinned by the buoyancy in the market

India extremely expensive says UBS, even as it gives China a double upgrade

The brokerage has an 'underweight' stance on India along with Taiwan and Australia (just downgraded from neutral)

Mirae Asset MF assets under management crosses Rs 1 trillion

Mirae Asset Investment Managers (India) Pvt Ltd on Wednesday said its assets under management have crossed the Rs 1 lakh crore mark.

Market Wrap Podcast, Oct 20: Here's all that happened in the markets today

Bearing hammering continued on the bourses for a second straight day on Wednesday as investors booked profit at record high levels

Stock of this recently listed defence company has zoomed 101% in 12 days

In the past three trading days, the stock of Paras Defence has surged 58 per cent after the scrip was shifted under B Group from T2T segment with effect from October 18, 2021.

PSU banks trade firm in a volatile market; SBI scales fresh record high

In Q2, Motilal Oswal Financial Services estimates PSBs to report improved operating performance, supported by modest business growth and a gradual reduction in provisions.

FMCGs slide amid waning demand concerns; ITC, HUL drop up to 9% in 2 days

The S&P BSE FMCG index, which fell 1.62 per cent in intra-day trade today, has slipped 4.5 per cent in the past two trading days

IRCTC plummets 32% from record high after rallying nearly 300% in 6 months

The stock slipped 18 per cent to Rs 4,371 on the BSE in Wednesday's intra-day trade on back of heavy volumes, falling 32 per cent in the past two trading days on profit-booking

Bata India at record high, up 4% on institutional buying, revival hopes

Domestic investors have hiked stake in the company by 243 basis points (bps) to 17.88 per cent, while foreign shareholding increased marginally to 5.35 per cent at the end of June 2021 quarter

Mastek tanks 15% on muted September quarter results

In Q2, the company's net profit remained flat at Rs 81.5 crore as against Rs 80.2 crore in June quarter of FY22

Nifty forming bearish pattern on charts; stay stock-specific: Vinay Rajani

To confirm short term trend reversal, Nifty needs to breach the low of 18,377 in the coming sessions

Three trading ideas by Ajit Mishra: Buy Adani Ports, Federal Bank; sell DRL

We're seeing noticeable traction in the banking pack and Federal Bank has recently witnessed a breakout from a consolidation range

Stocks to Watch: Havells, JustDial, Jubilant Food, L&TFH, TajGVK, Tata Comm

Ferilisers, banking shares along with result-oriented stocks like Just Dial, Jubilant Foodworks, Tata Communication, Nestle India and Rallis India to be in focus today

Gold price today at Rs 47,510 per 10 gm, silver selling at Rs 64,200 a kg

In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 46,450 and Rs 46,510

Market Ahead Podcast, Oct 20: Top factors that could guide markets today

Dalal Street ended its longest winning streak in nearly 10 months as benchmark indices closed lower on Tuesday, after trading higher for most part of the day

MARKET LIVE: Q2 earnings, global cues to guide indices; RIL, ACC in focus

Stock market LIVE: Jubilant FoodWorks, Havells India, and L&T Finance Holdings are among the 33 firms slated to release their September quarter earnings today

Oil gains from highest close since 2014 as US dollar falls

The Brent crude benchmark rose 34 cents to $84.67 a barrel

Temper expectations from privatisation trade, say analysts

The brokerage says listed PSUs face several challenges and continued government ownership may weigh on their performance

In a landmark, US bitcoin ETF opens with explosive trade volume

Fund rises as much as 5.4% on debut; over 12 million shares change hands

Gold demand likely to be robust in 2022: World Gold Council

The demand for gold is likely to remain subdued this year following Covid-related disruptions that continues in India, the World Gold Council (WGC) said in a report

Proshares Bitcoin-futures ETF starts trading in watershed moment

Meanwhile, the price of Bitcoin has been rising in anticipation

Market's seven-day winning streak ends as FMCG stocks drag indices lower

Sensex sheds 0.08%, Nifty takes a deeper cut of 0.3% at close; mid-caps see 2% cut

IRCTC m-cap tops Rs 1 trillion in intraday trade before settling 16% lower

Ends the day with a market cap of Rs 85,808 cr; stock has risen 3.3x this year; other firms in railways too come off from intraday highs amid buzz that govt is appointing a regulator for the sector

Market Wrap Podcast, Oct 19: Here's all that happened in the markets today

IRCTC dropped 16 per cent its record high level of Rs 6,393, touched earlier today, to end nearly 9 per cent lower relative to its previous close

Post 30% rise, RIL rating cut by top Nomura analyst for first time in years

The stock is trading at about 27 times of its 12-month forward earnings estimate, more than two standard deviations above its 10-year average

Policybazaar's parent firm PB Fintech gets Sebi nod for Rs 6,017-cr IPO

As per the draft papers, the firm may consider raising around Rs 750 crore by way of a private placement of equity shares ahead of the IPO

HUL Q2 results: Profit rises 9% YoY; declares Rs 15 interim dividend

The company declared an interim dividend of Rs 15 per equity share of the face value of Re 1 each for the financial year ending March 31, 2022

India's gold demand may slow down due to declining household savings

Gold demand in India is likely to face challenges from a declining household savings rate and lower agricultural wages

L&T Group shares in demand; L&T hits record high, LTI soars 16%

L&T, on Monday, emerged as the lowest bidder for the construction and maintenance of the first three buildings of the Common Central Secretariat under the Central Vista redevelopment project

TTK Prestige zooms 20%, hits record high as board to consider stock split

A stock split is generally done to make the scrip more affordable for small retail investors and increase liquidity

Indian Energy Exchange soars 20%, hits new high as firm to mull bonus issue

The board of directors of the company at their meeting scheduled on October 21, 2021, would consider the proposal for declaration of bonus issue of equity shares

L&T Infotech surges 10%, nears record high on robust Q2 results

The company reported the strongest sequential revenue growth of 8.9 per cent in constant currency terms during the July-September quarter

IRCTC m-cap surpasses Rs 1-trillion; stock zooms 293% in 6 months

At 09:32 am, IRCTC was trading 6.9 per cent higher at Rs 6,283.50, with a market-cap of Rs 100,612 crore

Market Ahead Podcast, Oct 19: Top factors that could guide markets today

The markets extended its winning run to the seventh-straight day on Monday on the back of aggressive buying metal and select IT and financial shares

MARKET LIVE: Indices eye fresh record highs at open; HUL, SBI in focus

Stock market LIVE: Analysts expect HUL to post low double-digit growth in September quarter revenue between 10 per cent and 15 per cent, while the bottom line may rise by 8-10 per cent YoY
Contacts | Privacy Policy | Terms of Use
Twitter Facebook