Markets

US stocks trade higher after midterm elections

US stocks traded higher on Wednesday after the results of the country’s midterm elections came out as expected. The Dow Jones Industrial Average increased 274.27 points, or 1.07 per cent, to 25,

Bengal Chemicals logs highest-ever profit, income in H1

The company has three divisions—home care & personal care, pharma and industrial chemicals — with pharma, and home care & personal care divisions contributing around 65% and 30% of its total sales

Truck rentals rise despite diesel price cut in October

Truck rentals, for instance, on the Delhi-Mumbai-Delhi trunk route have increased by 13% to Rs 97,500 in the last two months (August 2 to November 2) while the variation in diesel prices for the same

“Despite external challenges, headwinds in FY18, our sales volume improved,” JK Tyre President Rajiv Prasad

Given the changes the domestic tyre industry is witnessing in terms of radialisation, JK Tyre has recently started a research & development facility in Mysuru, Karnataka.

Petrol, diesel prices stay unchanged on Diwali

Following five consecutive days of cuts, state-run oil marketing companies kept prices of key domestic transport fuels -- petrol and diesel -- unchanged on Wednesday, on the festival of Diwali.

Samvat 2075 investment tips: Things to keep in mind before buying stocks this year; check top bets

After a tepid show in Samvat 2074, stock market veterans say that the upcoming year can see a strong comeback in equities during Samvat 2075. We take a look at what top investors including Rakesh Jhun

Samvat 2075: Five investment tips to multiply your money this Diwali

Let this Diwali be about the right type of fireworks, the ones that can skyrocket your finances to the next level.

Diwali Muhurut trading: Sensex ends 240 pts higher, Nifty just shy of 10,600; M&M, Infosys shares rally

Diwali Muhurut trading: Kicking off Samvat 2075, the Sensex ended Diwali Muhurut session with gains of more than 245 points, even as the Nifty 50 gained about 70 points. Sensex ended the session 245.

Diwali Muhurat trading: Sensex opens 300 pts higher in Samvat 2075, Nifty above 10,600; Infosys, VEDL rally

Diwali Muhurat trading: Kicking off Samvat 2075 with a bang, the Sensex opened 309 points higher at 35,301.88, while the broader Nifty 50 opened above the 10,600-mark.

A $240-billion-a-day market is leaving London ahead of Brexit

The City of London is being dealt another Brexit blow. CME Group Inc. is moving its European market for short-term financing, the largest in the region, out of London because the exchange operator wan

Dollar drops, stocks and bonds gain after US midterms: Markets wrap

The dollar retreated, U.S. equity futures jumped and Treasuries climbed as investors mulled the fallout from American midterm elections.

What is Muhurat Trading? Here’s all you need to know

A special muhurat trading session will be held by the NSE and BSE to mark the auspicious occasion of Diwali. The session will be conducted between 5 pm and 6:40 pm on Wednesday.

Will Samvat 2075 give investors good returns? Here are some top stocks picks for Diwali 2018

Samvat 2074 failed to cheer the investors as the Indian stock gave lower returns than the previous two Samvat years, gaining between 4-8%. Traders and investors are now bracing themselves for the new

Asian markets climb as US parties on course to split House, Senate

Asian markets rose Wednesday as investors tracked results from the US midterm elections with pollsters tipping Congress to be split, in line with forecasts.

Oil set for longest losing run since 2014 as supply fears ease

Crude’s poised for the longest losing streak since 2014 as concerns of a supply crunch eased on a forecast for rising U.S. production and waivers for eight countries allowing temporary import of Ira

Samvat to Samvat: RIL, TCS shares among top Nifty gainers since last Diwali; check top 10 names

Samvat 2074 has indeed been a very volatile year with the Nifty gaining just 4% and the 30-share Sensex returning about 7%. Shares of RIL, TCS have are among the top 10 Nifty gainers in Samvat 2074. W

US stocks trade higher as mid-term elections begin

The Dow Jones Industrial Average gained 113.63 points, or 0.45 per cent, to 25,575.33. The S&P 500 was up 9.36 points, or 0.34 per cent, to 2,747.67, Xinhua news agency reported. 

Samvat 2074: Sensex, Nifty end higher

The benchmark indices on Tuesday ended a highly volatile session in the green on firm Asian cues, finishing Samvat 2074 higher by over 7%.

Donald Trump’s stock market performance best in 64 years

US President Donald Trump has taken credit for the stock market’s gains during his nearly two years in the White House, and those claims are reasonable given the impact of tax cuts and pro-business

NMDC pulls down metal index over reports of iron ore mine shutdown

The BSE Metal Index came under pressure on Tuesday, pulled down by share price of National Mineral Development Corporation (NMDC).

Festive demand not exciting, but picking up in last one week, says ICICI Bank genral manager Ravi Narayanan

While demand for auto loans has been lower this festive season as compared to last year, there were signs of demand picking up in late October, Ravi Narayanan, senior general manager, home and vehicle

Currency fluctuation, staff benefits, CSR expenditure dent PGCIL Q2 earnings

PGCIL recorded a 6% y-o-y rise in net profit to Rs 2,303.8 crore as it recognised Rs 404.9 crore income under ‘regulatory deferral account balances’.

Concerns over domestic indicators amid FPI pullout

Big domestic investors have also faced trouble in the past two months. MFs have experienced a sizeable decline in their asset base due to sudden liquidity crunch in the market in the wake of the IL&FS

Manappuram Finance Q2 net surges 40%

Manappuram Finance on Tuesday reported a 40% year-on-year hike in standalone net profit for the September quarter to Rs 221.39 crore. Net profits during the same quarter of FY18 stood at Rs 158.20 cr.

Mahindra Financial Services: Maintain ‘Buy’; TP at Rs 525

MMFS reported PAT of Rs 3.8b (up 1.5x y-o-y) under Ind-AS. The quarter was marked by robust disbursement and AUM growth, and an improvement in margins.

‘Buy’ on Supreme Industries with target price of Rs 1, 205

The company reported 24.7% y-o-y growth in revenue, which was driven by Rs 808.5 million contribution from sale of commercial real estate.

Wall Street opens flat as US elections get underway

U.S. stocks opened flat on Tuesday as investors awaited the outcome of U.S. midterm elections that could shape the future of Donald Trump's presidency and test his tax and trade policies.

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