Markets

Brazil stocks are on the cusp of a massive rally if UBS is right

Analysts are predicting gains on the back of Jair Bolsonaro’s likely win in this weekend’s presidential runoff, saying that he could send stocks to unprecedented highs if he aggressively pursues m

Share market weekly wrap: Sensex, Nifty fall over 2% to 7-month lows; Q2 earnings, global cues to guide ahead

Sensex and Nifty posted their second consecutive weekly loss, falling nearly 2.8% during the week to their lowest levels in over seven months. Both the benchmark domestic market indices have fallen ov

Oil price tumbles for third straight week as ‘fear selling’ grips US stock market

Oil tumbled for a third straight week as crumbling equity markets across the globe stoked concern about a slowdown in energy demand growth Friday’s 0.4 percent gain New York-traded futures.

Brazil election optimism defies global slump on eve of vote

The Brazilian real gained 1.7 percent to the strongest since May and lead global currencies, while the benchmark Ibovespa index rose 2 percent to 85,719.88 in Sao Paulo.

US markets: Tech stocks carnage continues; a wrap of how equities, bonds, currencies fared

A rout in technology shares deepened Friday, threatening to push the S&P 500 Index into corrective territory along with the Nasdaq Composite Index, in one of the most volatile weeks this year.

Petrol prices slashed by Rs 2.38 in Delhi in last 10 days; check latest rates in metros

Petrol price today: In a major relief from soaring fuel prices, petrol prices have been slashed for the 10th consecutive day in metros on Saturday, taking the overall cut to Rs 2.38 in Delhi.

As internet stocks plunge, ‘Old Tech’ finds new friends

When it comes to tech stocks, new isn’t always better.

Sebi confirms interim directions passed against Nu Tek

Markets regulator Sebi Friday confirmed the interim directions passed earlier against Nu Tek India Ltd (NTIL) that features amongst the 331 suspected shell firms, for misrepresenting books of accounts

Kharif crop 2018: Mandi prices of most crops below MSPs, gap up to 43%

A month into the harvesting season, prices of 12 among the 14 kharif crops are ruling below their minimum support prices (MSPs), indicating that procurement by the designated agencies hasn’t yet gat

Maharashtra begins kharif procurement

Procurement of moong (green gram) and urad (black gram) has commenced in some pockets of Maharashtra, as the state is busy rolling out the price-deficiency support scheme PM-AASHA, under which support

Equitas, Ujjivan slump on bank units listing order

Shares of Equitas Holdings and Ujjivan Financial Services — holding companies of two south-based small finance banks (SFBs) —on Friday slumped to their lifetime lows after the Reserve Bank of Indi

Non-interest income falls 39%, ICICI standalone net profit dives 56% to Rs 909 crore

ICICI Bank on Friday reported a 56% year-on-year (y-o-y) fall in its standalone net profit to Rs 909 crore for the September quarter owing to a 39% y-o-y decline in non-interest income to Rs 3,156 cro

IOB pares net loss by 60% to Rs 487 crore in Q2

Chennai-headquartered Indian Overseas Bank (IOB) on Friday reported a net loss of Rs 487.26 crore for the July-September quarter, against a net loss of Rs 1,222.50 crore in the same quarter last fisca

FOREX-Dollar topples from two-month high as Wall Street worries persist

The U.S. dollar followed Wall Street lower on Friday, falling from the two-month high hit earlier in the day after news of stronger-than-expected third-quarter gross domestic product.

Analyst corner: Maintain ‘buy’on PVR, revised TP at Rs 1,538

PVR’s Q2FY19 revenue, EBITDA and PAT exceeded our estimates, primarily due to higher F&B revenue.

Analyst corner: Maintain ‘hold’ on TTK, target price Rs 6,646

Positive consumer sentiment and deeper rural penetration led TTK to report sound figures. Product launches and strong traction from rural markets augur well.

Manappuram Finance to diversify, cut gold loan business to 50% of portfolio

Kerala-based NBFC Manappuram Finance on Friday said it is in the process of diversifying into a slew of verticals like commercial vehicles loan, affordable housing finance and MSME sector lending, bey

NTPC rating ‘Buy’: Primed to tap rise in power demand

Company likely to make most of inorganic growth opportunities; CERC norms are an overhang on stock; ‘Buy’ maintained

ACC rating ‘Buy’: Negative operating leverage a dampener

Realisations hit by weak monsoon pricing; Ebitda/t is likely to rise in seasonally strong Q4CY18; ‘Buy’ retained

In a first, FCI to start rice procurement from Tripura from December

State-owned Food Corporation will start rice procurement for the first time in Tripura from December as the Centre has given in-principle nod after state chief minister Biplab Kumar Deb resolved certa

BSE, Sebi organise awareness program for SMEs, Startups

The BSE along with regulator Sebi organised an awareness programme in Shimla for small and medium scale enterprises, startups to help them know the benefits of listing and eligibility criteria.

India has placed November crude orders with Iran, says Sunjay Sudhir

Indian public sector companies have already placed orders with Iran for crude oil supply during November, a senior government official said here on Friday.

Here are the reasons China’s equity rout is getting even worse

Another hit to sentiment came in the past two days, when quarterly statements showed five funds linked to the Chinese government sold all their stock holdings.

ICICI Bank Q2 profit falls over 50%, but asset quality improves; key figures in a nutshell

ICICI Bank posted a profit during the July-September 2018 period as compared to a loss of Rs 120 crore reported in the first quarter of FY19.

Billionaire hedge fund manager Ray Dalio says invest 5-10% in gold; here’s why

Amid heightened volatility in domestic as well as global stock market, even as investors look to tweak their asset allocation, billionaire hedge fund manager Ray Dalio says that gold should form a par

ITC Q2 profit jumps 12% led by double-digit growth in cigarette, agri, hotels biz; stock down nearly 4%

ITC share price slipped nearly 4% intraday to a low of Rs 276.25 per share on the BSE despite healthy quarterly earnings.

Yes Bank share price recovers after 15% plunge on Q2 earnings; right time to buy the stock?

Yes Bank share price dived to a four-week low of Rs 168.60 per share on the BSE following the bank's disappointing quarterly performance.

Advertisement
Advertisement
Advertisement
Switch to Hindi Edition