Markets
SGX Nifty nosedives 200 points; 5 things to know before today’s opening bell
On the charts, the Nifty has remained range-bound for the last few trading sessions and is likely to continue moving sideways. (Image: REUTERS) Equity benchmark indices could be staring at a weak opening to the week’s first trading session with SGX Nifty plummeting over 200 points during the early...
TCS, Infosys, State Bank of India, Vodafone Idea, M&M, South Indian Bank among stocks in focus
Analysts believe, concerns over the fast spreading second wave of COVID-19 in India along with vaccine supply crunch will continue to keep the markets volatile. Image: Reuters Nifty futures plunged over 200 points to 14,659.50 on Singaporean Exchange, suggesting a gap-down opening for BSE Sensex and Nifty 50 on...
Petrol and Diesel Price Today in India: Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad and More Cities
The price of petrol and diesel has been the same across major cities since prices fell on March 30, 2021. (Image: REUTERS) Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel remain unchanged for the thirteenth consecutive day. The price of petrol...
TCS to kick off earnings season with fourth quarter results today; key things to watch
TCS is expected to post strong revenue growth in the January-March quarter. (Image: REUTERS) Tata Consultancy Services (TCS), India’s second most valuable listed company, will kick off the earnings season today with its fourth-quarter results. Most brokerage firms expect IT companies to report strong on-quarter growth, building further upon...
Sensex, Nifty may open flat; five things to know before today’s opening bell on Dalal Street
Nifty could be headed towards the 14,800 mark in the coming sessions, before declining from the highs, chartists say. (Image: REUTERS) Domestic equity markets continued to inch higher on Thursday, despite witnessing some turbulence along the way. S&P BSE Sensex now sits at 48,803 mark while the Nifty 50...
Wipro, Mindtree, Den Networks, Ashoka Buildcon, National Fertilisers among other stocks in focus
Investors will track COVID-19 cases, fresh restrictions, on-going vaccination drive, stock-specific development, along with oil prices and rupee movement. Nifty futures were trading at 14,635, up 15.50 points or 0.11 per cent on Singaporean Exchange. BSE Sensex and Nifty 50 may open flat with some positive bias on Friday,...
Sensex, Nifty end in green, financial stocks drag market; here’s what analysts make of today’s trade
Index closed a week at 14600 zone with loss of 1.50% on weekly basis and formed hammer sort of candle pattern on weekly chart, said an analyst. Image: Reuters BSE Sensex and Nifty 50 ended flat on Friday after witnessing a volatile trade. Sensex ended flat with just a...
MSCI index review; 3 Adani group stocks could still make the cut
According to the new changes, securities that exhibit extreme price increase will not be eligible for addition into the MSCI Standard Indexes. (Image: REUTERS)Global index provider MSCI (Morgan Stanley Capital International) has tweaked its methodology of picking stocks that could be added to its indices during the May semi-annual...
Rakesh Jhunjhunwala’s wife cuts stake in VIP Industries, Tata Comm; sells 45 lakh shares in these cos in Q4
Rakesh Jhunjhunwala’s wife Rekha Jhunjhunwala offloaded 2.5 lakh shares of Tata Communications in the fourth quarter of the previous fiscal. Rakesh Jhunjhunwala cut his stake in three firms including Titan Company, VIP Industries and Tata Communications in the January-March quarter of 2021. While the ace investor raised his stake...
Petrol and Diesel Price Today in India
Petrol and Diesel prices are fixed on the basis of freight charges, local taxes, and VAT. (Image: REUTERS)Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel remained unchanged today after seeing a cut in rates yesterday. Fuel prices were trimmed yesterday after...
Second covid-19 wave unlikely to hurt recovery; brokerages say buy these stocks on correction
Analysts at ICICI Securities continue to be overweight on cyclical stocks. (Image: Reuters) After facing the brunt of the pandemic and resultant lockdown last year, the recovery in corporate profits continues strong. Now, as the second wave of covid-19 wreaks havoc, Dalal Street is expected to witness market volatility...
Wipro share price zooms nearly 10% on strong Q4 results; stock may rally another 10% to Rs 515 soon
Wipro has registered another quarter of strong growth with net profit rising by 27.78 per cent on-year. Image: Reuters Wipro share price surged as much as 9.5 per cent to Rs 471.75 apiece, a fresh 52-week high, on BSE on Friday, a day after the IT firm posted the...
Gold prices recover in India, back above Rs 47,000; MCX gold to soon touch Rs 48,850 per 10 gm
Gold and silver saw substantial gains with gold jumping to its highest in more than a month as yields dropped for U.S. 10-year Treasury notes to 1.56% Gold prices recovered in Indian markets on Friday, after closing above Rs 47,000 per 10 gram for the first time since February...
Rakesh Jhunjhunwala ups stake in MCX, adds 5 lakh shares; Big Bull’s stake now at just under 5%
The value of his total holding in the company stands at Rs 370.13 crore as of today with the stock price gaining 0.58% to trade at Rs 1,480 per share. Big bull Rakesh Jhunjhunwala has increased his stake in Multi Commodity Exchange during the January-March quarter. Data available on...
Share Market LIVE: Nifty reclaims 14,600, Sensex trades mildly higher; Wipro shares up over 3%, RIL falls
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading in positive territory on Friday. via India Infoline
Cement: Yet another robust quarter in offing
Consensus earnings are yet again likely to be upgraded given better than expected volumes/prices. After posting >40% y-o-y Ebitda growth in each of the past two quarters, cement companies in our coverage universe are likely to repeat the performance in Q4FY21 too. This would be led by 24% y-o-y...
Telecom: Key enabler of work-from-home culture
In January’21, mobile broadband penetration in India stood at 63.3%, up 680bps from 56.5% in January’20, despite 30-40% tariff hike. Exactly a year ago, we wrote ‘Andra tutto bene’ (everything is going to be alright!) in which we analysed the likely changes to consumption, industry structures, etc. We revisit...
Cotton crop estimate increased to 360 lakh bales for 2020-21
The CAI crop committee has estimated the total cotton supply till end of the cotton season 2020-21at 496 lakh bales. The Cotton Association of India (CAI) has marginally increased its crop estimate to 360 lakh bales of 170 kg each from its previous estimate of 358.50 lakh bales in...
