Page 16 - Bse Sensex

Dr Reddy's reaping benefits of domestic market focus, outperforms peers

Firm has outperformed domestic pharma market in 7 of last 8 quarters

Today's picks: Asian Paints to Hindalco, hot stocks to watch on Thursday

For GAIL keep a stop at 119.5 and go short

ABB India: Investor interest may remain high on hopes of value discovery

Given that the sale of it power grid unit to Hitachi may conclude by mid-CY20, it allows for another round of gains for ABB India's shareholders as the finer details of the deal will emerge by then

Frequent churn of portfolios, short-term goals eating into investor returns

While equity funds returned 8.2 per cent during the period under review, investor returns stood at 5.8 per cent

Sensex sheds 247 points to close at 40,239; Nifty ends below 11,900 mark

Market benchmark BSE Sensex declined over 247 points on Tuesday to close at 40,239 as heavy selling emerged mainly in power, oil & gas and IT stocks amid a strengthening rupee. The 30-share gauge opened strong at 40,588.81, but soon lost momentum to slip into the negative territory. It finally closed 247.55 points or 0.61 per cent lower at 40,239.88. On similar lines, the 50-scrip NSE Nifty fell 80.70 points or 0.68 per cent to finish at 11,856.80. Yes Bank was the biggest loser in the Sensex pack with 10.05 per cent decline, followed by PowerGrid, IndusInd Bank, NTPC, ITC, TCS, Axis Bank, Hero MotoCorp, M&M and HCL Tech, which lost up to 2.66 per cent. On the other hand, Bajaj Finance, HUL, HDFC Bank, ICICI Bank, and Bajaj Auto gained up to 1.06 per cent. Meanwhile, the rupee appreciated by 11 paise to trade at 70.93 against the US dollar (intra-day). Brent futures, the global oil benchmark, slipped 0.33 per cent to USD 64.04 per barrel. In other Asian markets, Hong Kong ...

Lopsided stocks market rally has investors weighing other options

The S&P BSE Sensex has risen about 12% from a low in September, with three members - Reliance Industries, ICICI Bank and HDFC Bank - accounting for 61% of all the gains

RBI's monetary policy spells more trouble for India Inc's earnings

In the absence of near-term government stimulus, markets may remain range-bound until Budget

All you need to know about Sensex reshuffle and how it affects investors

Listen to the podcast to know about the latest changes in the Sensex pack, why are some stocks dropped from it and others added and how does the reshuffle affect investors

Axis Fund house roots for quality stocks as slowdown rattles the Street

The strategy has paid off for Axis. Its largest fund, Axis Long Term Equity Fund, has delivered an annual return of over 12 per cent over the past five years, beating 96 per cent of peers

Analysts see Tata Steel stock rising in 2020 as firm revamps Europe biz

Tata Steel has been closing and selling plants in the UK since the 2008 financial crisis to make its business there more profitable

Reliance Industries m-cap comes very close to Rs 10 trn in intra-day trade

So far this year, RIL's share price has jumped 38.46 per cent

US FDA pulls up Ipca Labs for manufacturing violations at Gujarat plant

The United States Food and Drug Administration (USFDA) inspection of its Piparia (Silvassa) formulations manufacturing unit in August resulted in three observations, it added.

Sensex jumps 530 pts to scale new high; US-China trade optimism fuels gains

Market players said short-covering and sustained foreign flows ensured markets remained bullish

Coal block allocation, higher margins may cut costs to drive JSPL growth

JSPL, however, continues to stand out as expansions at its Angul plant are driving volumes, helping it gain economies of scale and higher margins

Kerala-based CSB Bank IPO fully subscribed on first day of bidding

The category reserved for non-institutional investors was subscribed 10 per cent, while that for retail investors was subscribed 5.60 times

Tata Motors, Yes Bank and Vedanta to move out of BSE Sensex from Dec 23

Tata Motors, Tata Motors with differential voting right (DVR), Yes Bank and Vedanta will be dropped from the BSE's benchmark Sensex from December 23. In their places, UltraTech Cement, Titan Co Ltd and Nestle India will be added in the index, Asia Index, a joint venture between S&P Dow Jones Indices and the BSE, said in a statement on Friday. Besides, UPL Ltd and Dabur India will find a place in the S&P BSE Sensex 50, replacing Indiabulls Housing Finance and Yes Bank. Among other changes, Indiabulls Housing Finance, Yes Bank, InterGlobe Aviation, SBI Life Insurance Company and Info Edge (India) will make entry in the S&P BSE Sensex Next 50, while Cadila Healthcare, Dabur India, Glenmark Pharmaceuticals, UPL Ltd and Edelweiss Financial Services will be dropped from the index. The changes will be effective from Monday, December 23, 2019, Asia Index said. Apart from these, changes have been made in several indices including S&P BSE 500, S&P BSE 200 and S&P BSE

Street quiet as Blue Dart delivers muted results for a 7th straight quarter

Investors advised to wait for traction in revenues and margins before considering stock

Slide in banking stocks drags indices; Sensex closes 229 points lower

Of the 19 sectoral indices of the BSE, 16 ended with losses, with metal and realty indices declining the most

Sensex clocks record closing high, Nifty ends above 12,000 after 5 months

The Sensex gained 0.5 per cent, or 184 points, to end at 40,654, while the Nifty added 50 points, or 0.42 per cent, to close at 12,016 - 73 points below its last all-time high

Marico fails to maintain volume growth in Q2 on poor offtake; stock down 6%

Stock tanks on flat top line in the September quarter, even as benign copra prices save the day, leading to a 16 per cent rise in pre-tax profit