Page 2512 - Markets News

FPIs stay bullish on India, pour in Rs 5,072 cr in October so far

Foreign investors put in a net sum of Rs 4,970 crore in equities and a net Rs 102 crore in the debt market during October 1-18

IMF backs India's corporation tax cut, says it will help revive investment

It however, said India should address continued fiscal consolidation and secure long-term stability of the fiscal conditions

Sebi tightens norms to deal with abrupt resignations of auditors

The market regulator has said that an auditor will have to provide review - limited or complete audit report - for the quarter during which it resigns

India's forex reserves swell by $1.9 bn to touch all-time high of $440 bn

The forex reserves had increased by a higher $4.24 billion to a new high of $437.83 billion in the previous reporting week

Global shares sapped by poor China growth, dollar gets weekly mauling

China's economy grew at a slightly less-than-expected 6% in Q3 but traders seemed to be taking comfort that swift stimulus from Beijing and central banks in recent weeks could avert serious downturn

Picture remains hazy for Zee as financials worsen; stock falls 5.5%

Content inventory, related party transactions weigh on cash flows

Companies push ahead with proposed share buyback plans after tax relief

Further, companies such as KPR Mill, which had withdrawn their buybacks following the unexpected tax outgo, have restored their buyback plan

L&T Technology Services Q2 net profits rises 7.8% at Rs 205.8 cr

The company had registered a net profit of Rs 191 crore in the corresponding quarter of the previous fiscal, it said in a regulatory filing

Market Wrap, Oct 18: Sensex up 246 pts; RIL hits Rs 9 trillion market cap

YES Bank (up over 8 per cent) emerged as the top gainer on the index while Tata Motors (down 1 per cent) the biggest loser

RIL becomes first Indian firm to hit Rs 9 trn m-cap; stock up 27% in CY19

The Mukesh Ambani-led company is slated to release its September quarter results later in the day where it is expected to report a strong quarter for the July-September period.

MARKET WRAP: Indices gain for 6th straight day, Sensex ends 246 pts higher

All that happened in markets today.

RIL, HUL, Bajaj Finance, Nestle India from Nifty 50 index hit record highs

Avenue Supermarts, which runs the DMart chain of stores, Adani Green Energy, Berger Paints, Blue Star, Indraprastha Gas, Manappuram Finance, SBI Life Insurance also hit record high levels on Friday

Zee Entertainment slips 9% in firm market post Q2 results

Its profit before tax declined 22 per cent year on year (YoY) to Rs 504 crore for Q2.

Adani Enterprises up for fifth straight day, surges 27% in one week

The stock was trading close to its 52-week high level of Rs 181, touched on May 23, 2019.

PSU stocks in focus: Bharat Electronics, ITDC hit 52-week high

BHEL, Hindustan Copper, MMTC and The New India Assurance surged more than 11%, while MOIL, NBCC, NLC India, GIC Re and SAIL were up in the range of 5-10%.

Alicon Castalloy rallies 13% on signing contracts with Samsung SDI, Daimler

The company signed multi-year contracts aggregating Rs 810 crore with leading global OEMs and tier 1 suppliers such as Jaguar Land Rover, Daimler, Samsung SDI & MAHLE.

BHEL posts biggest intra-day rally in 10 yrs on govt stake sale plan report

The stake in BHEL may be pared in tranches to 26 per cent from 63.17 per cent now.

Stocks to watch: Cipla, L&T Info, RIL, DHFL, Alicon Castalloy, ZEEL, Nocil

Here's a look at the top stocks that may remain in focus today.

Stock recommendations from Anand Rathi: Buy HDFC Bank, Bajaj Finserv

Stock calls from Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

Market Ahead, October 18: All you need to know before the Opening Bell

Trends on SGX Nifty suggest a negative start to the domestic markets today