Markets
Covid concerns prevail but Chris Wood remains bullish on India; increases weightage in Asia portfolio
Although situation remains grim in India with the second wave of covid-19 wreaking havoc across the country, Dalal Street has remained resilient. (Image: RUETERS) While the second wave of covid-19 continues to wreak havoc across the country, Dalal Street has remained resilient. The NSE Nifty-50 index is down just...
Reliance Industries, Yes Bank, HUL, Future Retail, Vedanta, Equitas SFB stocks in focus
Investors will continue to watch rising COVID-19 cases, on-going vaccination drive, fresh restrictions and lockdown in some states, oil prices, rupee movement and other global cues. Image: Reuters Nifty fututres were trading one per cent or 147.5 points down at 14,783.50 on Singaporean Exchange, suggesting a negative opening for...
Petrol and diesel price today 30 April 2021: Rates unchanged for 15th day; check prices in Mumbai, Delhi here
Prices of Petrol and Diesel have now remained unchanged for fifteen consecutive days. (Image: REUTERS) Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel have now remained unchanged for fifteen consecutive days. Fuel prices were last cut on April 15. Today, the...
Share Market LIVE: SGX Nifty falls 150 pts, Sensex, Nifty may start in red; all eyes on RIL Q4 results
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 may open in red on Friday, after gaining for 4 straight sessions. via India Infoline
Indian gold demand likely to slow down in April-June: WGC
According to WGC data, total investment demand for Q1 2021 increased 34% y-o-y to 37.5 tonne. Indian gold demand is likely to slow down in the second quarter (April-June) due to COVID-related restrictions, before rebounding in the second half of 2021, according to the World Gold Council (WGC). The...
Revise United Breweries fair value to Rs 1,365
Exceptional loss stood at Rs 6.2 bn for Rs 4.5 bn impairment loss on Bihar brewery, and Rs 1.8 bn loss on investment in subsidiary. UBBL reported good sequential recovery in volumes with EBITDA margin at 16.9% aided by a tight leash on operating costs. OCF generation in FY2021...
Demand for arhar remains subdued amid restrictions
Farmers had planted the pulse over 47 lakh hectares of area, with Maharashtra alone reporting over 12 lakh hectares of plantation. Lockdown restrictions in several states and skeletal functioning of mandis have led to a lack of demand, resulting in stagnancy in the tur (arhar) prices in Maharashtra. Wholesale...
TVS Motors TP raised to Rs 650 on margin performance
Positively, strong FCF generation in FY21 resulted in a net debt reduction of Rs 14.5bn. Notwithstanding the significant commodity headwinds, record 4Q FY21 EBITDA surprised the Street positively. Improved brand acceptance, diversified revenues and strong R&D capability provide long-term defensiveness. Strong and consistent margin performance drives our increase in...
Valuations of shipping stocks still inexpensive; Jefferies bullish on these Wall Street shares
After being bruised and beaten in the previous year owing to the pandemic and a global lockdown, the shipping industry is recovering steadily. (Image: REUTERS) After being bruised and beaten in the previous year owing to the pandemic and a global lockdown, the shipping industry is recovering steadily. Last...
F&O expiry: Sensex falls 610 pts from day’s high, Nifty ends flat; here’s what technical charts say
The markets seem to be bullish and the Nifty has wings to move up further to levels closer to 15100-15200. Image: Reuters The swing continued throughout the trading session with BSE Sensex and Nifty 50 moving between gains and losses in Thursday’s trade. BSE Sensex ended just 32 points...
