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Delta Corp Shares Dive 5% on Weak Q3, GST Disputes | Stock Market News

Delta Corp Shares Dive 5% on Weak Q3, GST Disputes | Stock Market...

Wed, Jan 10, 2024

Delta Corp reports a 59% drop in profit and 15% fall in revenue for Q3 FY24. Gaming income declines, GST notices for alleged ₹23 billion payments add pressure. Stock price takes a hit.

Why LIC Stock Is Trading In Green Despite New GST Demands | Stock Market News

Why LIC Stock Is Trading In Green Despite New GST Demands | Stock...

Thu, Jan 04, 2024

Life Insurance Corporation shares rose for a second day, gaining 1% despite receiving GST demands totaling Rs 667.5 crore from three states. LIC will appeal the demands related to alleged improper Input Tax Credit claims.

Sugar Stocks Surge 7% As Govt Lifts Ban On Sugarcane Juice For Ethanol | Stock Market News

Sugar Stocks Surge 7% As Govt Lifts Ban On Sugarcane Juice For Et...

Mon, Dec 18, 2023

The Indian government's decision to allow cane juice and molasses for ethanol production triggers a 4% to 7% surge in sugar stocks. Dhampur Sugar Mills leads the rally with a 7% jump, while Balrampur Chini Mills and Shree Renuka Sugars rise over 6%. Learn how this move is set to reshape India's biofuel landscape and boost ethanol production capacity.

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What will move Sensex, Nifty this week? Find out here

What will move Sensex, Nifty this week? Find out here

Mon, Apr 16, 2018

The midcap index gained 0.80% while smallcap index remained unchanged for the week. India’s macro data showed improvement in IIP, growing at 7.1% and CPI inflation came at five months low. This helped boost the sentiment ignoring widening of fiscal deficit, and the oil price that rose to $72 due to tension in Syria

Indian stock market outlook: Know here the factors to dictate trend this week

Indian stock market outlook: Know here the factors to dictate trend this week

Sun, Apr 15, 2018

The week would also witness earnings announcements by IndusInd Bank, HDFC Standard Life Insurance Company, ACC, Mindtree, Crisil and Reliance Power, among others. With the Index of Industrial Production (IIP) and Consumer Price Index (CPI) data out, investors will be keeping their eyes on inflation data based on the Wholesale Price Index (WPI)

Sensex, Nifty extend gains on healthy macro-data, global cues

Sensex, Nifty extend gains on healthy macro-data, global cues

Sat, Apr 14, 2018

On a weekly basis, the barometer 30-scrip Sensitive Index (Sensex) of the BSE surged by 565.68 points or 1.68 per cent to close at 34,192.65 points. The wider Nifty50 of the National Stock Exchange (NSE) closed trade at 10,480.60 points -- up 149 points or 1.44 per cent from its previous week`s close

Now, Infosys looking to sell controversy-ridden Vishal Sikka-linked Panaya

Now, Infosys looking to sell controversy-ridden Vishal Sikka-linked Panaya

Fri, Apr 13, 2018

Infosys on Friday announced its March quarter results with the net profit coming in at Rs 3,690 crore, a 28.2 per cent drop quarter-on-quarter. The IT major had reported a net profit of Rs 5,129 crore in the December quarter and Rs 3,603 crore in the same quarter last year.

This stock turned Rs 1 lakh into Rs 5 lakh; another 200% jump expected

This stock turned Rs 1 lakh into Rs 5 lakh; another 200% jump expected

Wed, Apr 11, 2018

Avenue Supermarts share price is up a whopping 393 per cent from its issue price of Rs 299 to Rs 1472.90 in Wednesday's trade. Avenue Supermarts had listed on the BSE and NSE on March 21, 2017. Since then, investors in the company are richer by Rs 7,3000-odd crore.

Fitch warns of ICICI downgrade if allegations against CEO proven

Fitch warns of ICICI downgrade if allegations against CEO proven

Tue, Apr 10, 2018

An investigation into allegations that ICICI Bank extended a loan with a potential conflict of interest raises question over the bank’s governance and creates reputational risks, says Fitch Ratings.

Want to invest in equities today; here’s a list of stocks’ recommended by experts

Want to invest in equities today; here’s a list of stocks’ recommended by experts

Mon, Apr 09, 2018

For this week, the Indian market is expected to be guided by a range of factors macroeconomic data, onset of corporate earnings season and trade tariff tussle.

Market outlook: Know here the factors that might set a course this week

Market outlook: Know here the factors that might set a course this week

Sun, Apr 08, 2018

"Going ahead, the focus of the markets will shift back to earnings which are likely to kick start from next week...," Teena Virmani, Vice President - Research, Kotak Securities. IT major Infosys will announce its fourth quarter results on April 13. Among other firms which are slated to announce their financial results are Reliance Industrial Infrastructure and Goa Carbon

Eight of top 10 firms add Rs 86,000 cr in valuation; Know here which are these companies

Eight of top 10 firms add Rs 86,000 cr in valuation; Know here which are these companies

Sun, Apr 08, 2018

The valuation of TCS surged by Rs 19,219.45 crore to Rs 5,64,657.41 crore while that of Reliance Industries Ltd (RIL) zoomed to Rs 5,76,294.88 crore, registering a rise of Rs 17,071.89 crore. The market valuation of State Bank of India (SBI) soared by Rs 15,973.11 crore to Rs 2,31,860.78 crore and Maruti Suzuki India's valuation climbed Rs 10,412.70 crore to Rs 2,78,150.79 crore

Mahindra & Mahindra sales up 10% in March

Mahindra & Mahindra sales up 10% in March

Mon, Apr 02, 2018

Sales of passenger vehicles stood at 26,555 units compared with 25,523 units in March 2017, up 4 per cent . Commercial vehicle sales also went up 11 per cent to 25,496 units last month against 22,908 units in year ago period, M&M said.

SME IPOs continue to catch investors' fancy; raise Rs 2,155 cr in FY18

SME IPOs continue to catch investors' fancy; raise Rs 2,155 cr in FY18

Sun, Apr 01, 2018

Funds raised through IPOs were meant for business expansion plans, working capital requirements and other general corporate purposes, according to offer documents. A total of 148 companies got listed with initial public offers (IPOs) worth Rs 2,155 crore in the last fiscal compared to 80 firms which tapped the IPO route to garner Rs 810 crore in 2016-17. In 2015-16, as many as 46 firms made debut on SME platforms and raised Rs 303 crore

Market outlook: Find here the factors that will steer stock market this week

Market outlook: Find here the factors that will steer stock market this week

Sun, Apr 01, 2018

"The market is slowly expected to gain momentum in the month of April and bounce back from lows on expectation of good numbers. There is still uncertainty regarding how the US markets will unfold and the impact of trade wars... But more or less the same has been factored in and therefore the markets should perform better than what the majority are expecting on the street," said Jimeet Modi, Founder and CEO, SAMCO Securities

Sensex, Nifty pull back from 5-month lows; here is why

Sensex, Nifty pull back from 5-month lows; here is why

Sat, Mar 31, 2018

Market observers were of the view that the Central government`s plan to reduce borrowing, along with healthy buying in banking and metals stocks among others sectors, uplifted investors` sentiments during the derivatives-expiry week. On a weekly basis, the barometer 30-scrip Sensitive Index (Sensex) of the BSE closed at 32,968.68 points -- gaining 372.14 points or 1.14 per cent points but not able to hold the 33,000-level

Small stocks lag behind bluechips, fall up to 12% so far in 2018

Small stocks lag behind bluechips, fall up to 12% so far in 2018

Fri, Mar 30, 2018

Small and mid-cap indices of the BSE have taken a bigger hit as compared to their bigger peers, with smaller stocks falling up to 12 per cent so far this year. Small stocks tend to suffer more during times of uncertainty, experts said.

Jet drops 4.5 pct as co defers March salaries of section of its staff

Jet drops 4.5 pct as co defers March salaries of section of its staff

Wed, Mar 28, 2018

Jet Airways in a communication to its employees yesterday said that the salaries will be disbursed in a staggered manner with non-technical staff and other staff getting the pay on April 3 and the rest of the employees, including pilots and engineers, on April 10.

Sensex crashes 409 pts today; Rs 1.57 lakh cr of investor wealth wiped out on BSE

Sensex crashes 409 pts today; Rs 1.57 lakh cr of investor wealth wiped out on BSE

Fri, Mar 23, 2018

Investor wealth today slumped by Rs 1.57 lakh crore, following heavy selling in the broader market where the BSE benchmark index tanked about 410 points to close at a five-month low. The 30-share Sensex dived 409.73 points or 1.24 per cent to close at 32,596.54.

Sensex today: Index soars by 139.42 pts to 33,136.18 pts; Bharti Airtel, UltraTech Cement in top gainers list

Sensex today: Index soars by 139.42 pts to 33,136.18 pts; Bharti Airtel, UltraTech Cement in top gainers list

Wed, Mar 21, 2018

Sensex today: Indian indices today kept up the momentum, with the BSE Sensex gaining 139.42 points or 0.42% to end at 33,136.18, even as strong global cues and value buying helped infuse positive sentiments in the afternoon trade session today.

Sensex today: Markets opened higher at 33,090.82 points, PSU banks gain

Sensex today: Markets opened higher at 33,090.82 points, PSU banks gain

Wed, Mar 21, 2018

At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 10,124.35 points on Tuesday, was quoting at 10,184.70 points, up by 60.35 points or 0.60 per cent .

BSE's India INX turnover crosses $24 bn

BSE's India INX turnover crosses $24 bn

Tue, Mar 20, 2018

India INX has seen a rapid growth in derivatives segment primarily due to the increase in the exchange membership and overall market participation.

Bank-backed brokerages eye opportunity in commodity derivatives space

Bank-backed brokerages eye opportunity in commodity derivatives space

Sun, Mar 18, 2018

The Securities and Exchange Board of India (Sebi) had in September allowed brokers of stock and commodity exchanges to do both the businesses under one entity. The regulator has given the go-ahead for a unified exchange system, to come into effect from October. Accordingly, stock exchanges NSE and BSE are working towards launching commodity derivative segments which is likely to throw up a challenge for existing commodity bourses -- NCDEX and MCX

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