Markets
Gold prices over Rs 36,000 mark; six key reasons why yellow metal rates are inching higher
Gold price in India is hovering over Rs 36,000 per 10 gm of pure gold. The surge in the price has been continued since Friday when the gold crossed the key $1,450 mark for the first time in the last s
Reliance Industries share price jumps after strong Q1 results; should you buy or sell stock?
Shares of billionaire Mukesh Ambani-led Reliance Industries jumped in trade on Monday morning after the firm reported strong Q1 results for the April-June quarter.
Share market highlights: Sensex ends 305 points down, Nifty below 11,350; HDFC twins plunge up to 5%
Share market highlights: After opening lower, the headline indices Sensex and Nifty extended losses in the afternoom trade, tracking weak global cues. The Sensex is ended 305 points down to 38,031.31
Dollar clings to gains as Gulf tensions bolster safe-haven bid
While currency market focus will mostly centre on global central bank decisions scheduled for the next two weeks, investors are also watching for any developments in U.S.-China trade negotiations.
Asia stocks dip on likely smaller Fed rate cut, oil gains
Expectations for a 50 bp cut were scaled back further after the Wall Street Journal reported the Fed was likely to cut rates by 25 bps when it meets later this month, and may make further cuts in the
Oil gains as Gulf tanker seizure raises tensions
Prime Minister Theresa May's office said she would chair a meeting of Britain's emergency response committee on Monday morning to discuss the crisis.
Gold retreats further from 6-year peak as deep rate cut views fade
Spot gold was down 0.2% at $1,422.74 per ounce as of 0137 GMT. The metal hit $1,452.60 in the previous session, its highest since May 2013, before closing 1.5% lower.
YES Bank Rating | Sell — Company’s getting into a negative spiral
Several risks exist outside CAR and downward revision to FV cannot be ruled out. Sell remains. FV revised to Rs 70 (from Rs 170 earlier).
DCB Bank Rating | Add — Soft showing in the first quarter
Slowdown in growth and sharp valuation expansion behind downgrade to ‘Add’; TP up to Rs 250 from Rs 230.
Hathway Cable rating | Hold — Standalone performance was weak
However, the management has not disclosed the cable business ARPUs for Q1FY20 similar to their stance in the previous quarter.
Earnings from HUL, Maruti Suzuki, Kotak Mahindra Bank, others to drive markets this week, say analysts
"Participants will react to Reliance and HDFC Bank's results in early trade on Monday and that could set the tone for the day. However, markets are facing headwinds from both domestic and global front
Foreign investors pull out Rs 7,712 crore from stocks in July so far
FPIs had been net investors in the equity segment in the previous five months.
Six of top-10 firms lose Rs 62,147.7 crore in m-cap; RIL takes the biggest hit
Kotak Mahindra Bank's valuation climbed Rs 2,990.49 crore to Rs 2,86,383.79 crore, while that of HUL moved up by Rs 2,489.52 crore to Rs 3,73,384.88 crore.
HDFC Bank net rises 21% on higher income
The bank's NBFC subsidiary HDB Financial Services posted a net profit of Rs 222 crore in Q1, down from Rs 228 crore in the March quarter.
HDFC Bank declares special dividend of Rs 5 per share, net profit jumps 21% on-year; key figures
India's largest private sector lender HDFC Bank has declared a Special Interim Dividend of Rs 5 per share for the current fiscal, in commemoration of 25 years of the Bank’s operations.
HDFC, HDFC AMC, Infosys shares soar to all-time high in week amid Sensex, Nifty plunge
While the Sensex and Nifty witnessed heightened volatility in the week gone by, a few bluechip stocks including HDFC, HDFC AMC and IT giant Infosys surged to fresh record high.
CPSE ETF oversubscription boosts Modi government’s coffers; here’s how much it has raised so far in FY20
After the sixth tranche of the CPSE ETF was oversubscribed by investors, the Narendra Modi-led government increased the offer size of the issue, boosting its disinvestment receipts.
Oil climbs as Middle East tensions offset demand worries
Prices were also buoyed Friday by indications the U.S. Federal Reserve will interest cut rates aggressively to support the economy.
Wall Street falls as Fed signals smaller rate cut
On Thursday, stocks had risen as comments from New York Fed President John Williams increased hopes of a bigger rate cut.
UPI share in P2M payments rises to 34% in June quarter: Report
That UPI has been taking some share away from more traditional modes of digital payments, cards and netbanking among them, has been evident for a while now.
Disinvestment boost: Centre nets Rs 10,000 crore via CPSE ETF
Analysts are of the view that India’s ETF market is expected to witness robust growth in the coming years due to a structural shift in asset-class preference from fixed income to equities as interes
Sensex crashes: FPIs net sellers in all but two sesions in July
This selling came after overseas investors remained net buyers in each month from February to June.
Karnataka Bank Rating: Buy; Weak core operating performance
Going forward, higher exposure to NBFCs (15% including Rs 1 bn towards DHFL), CRE (6%) and 1.2% of standard lower-rated exposure (in C and D categories, including Sintex and DHFL) would be the key var
Avenue Supermarts Rating Hold: Margins bottoming out for company
FY20/21e Ebitda up 3/6%; risk-reward balanced post-correction; upgraded to ‘Hold’ with TP up to Rs 1,430.
Bandhan Bank June quarter net soars 45% to Rs 701 crore
Non-interest income grew 48.18% y-o-y to Rs 312.20 crore, against Rs 210.69 crore in the corresponding quarter of the last fiscal, according to a stock exchange filing.
Analyst corner: ‘Hold’ on Colgate-Palmolive, price target Rs 1,365
Cibaca franchise has also done well during Q1.
Analyst corner: Translation of repo cuts to loans still not visible
Some banks have decreased MCLR rates by 5-15 bps in March-May 2019. With deposit rates stable, a swift rise in MCLR rates is less likely
Advertisement
Advertisement
Advertisement
TRENDING NOW
- How to choose the best personal loan for you
- Planning your new smartphone? Here are eight things to consider
- Do you know the famous "Michelin Man," the beloved face of MICHELIN since 1898?
- Camera update puts OnePlus 7 Pro among camera frontrunners
- Father's Day gifts: OnePlus 7 Pro and more, here's what you can gift your dad
BUDGET 2019
- Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1
- Budget 2019: Hike in import duty may dampen the gold rush
- Budget 2019: More power to villages; Rs 2 lakh crore allocated to Panchayats in five years
- Budget 2019: Healthcare sector expects hike in exemption limits for health checkup, medical reimbursement
