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Positive start for Samvat 2076! Sensex up 192 pts, Nifty above 11,600

BUSINESS

Positive start for Samvat 2076! Sensex up 192 pts, Nifty above 11,600

Tata Motors, Yes Bank, Vedanta, Infosys and Mahindra & Mahindra settled as the top gainers in the Sensex, but Maruti, Bharti Airtel, HCL Technologies and TCS ended as the top losers.

Sensex, Nifty slip as BJP fails to impress in Maharashtra, Haryana polls

BUSINESS

Sensex, Nifty slip as BJP fails to impress in Maharashtra, Haryana polls

The BJP's not-so-impressive show in Maharashtra and Haryana assembly elections had disappointed the market but it was a short-term impact, Sameer Kalra, Founder, Target Investing, has said

SBI Life, ICICI Pru, Siemens in MSCI India Index? Here's what Morgan Stanley thinks

BUSINESS

SBI Life, ICICI Pru, Siemens in MSCI India Index? Here's what Morgan Stanley thinks

MSCI is due to announce the results of its semiannual index review on the morning of November 8, including a list of stock additions and removals along with changes in weightings.

Should you buy, sell or hold RIL? Here is what top brokerages say

BUSINESS

Should you buy, sell or hold RIL? Here is what top brokerages say

As of October 18, the stock is up 26 percent on the BSE in Calendar 2019, in comparison to a 9 percent rise in the benchmark Sensex.

Asian Paints Q2 preview: Healthy revenue, PAT numbers, but softer volume growth likely

BUSINESS

Asian Paints Q2 preview: Healthy revenue, PAT numbers, but softer volume growth likely

Motilal Oswal Financial Services expects a 13 percent YoY growth in Asian Paints' revenue at Rs 5,242.1 crore for Q2FY20, with nearly 9 percent volume growth in the domestic decorative business.

Gold price today: Yellow metal falls on muted spot demand, lacklustre global cues

BUSINESS

Gold price today: Yellow metal falls on muted spot demand, lacklustre global cues

Market observers said gold price may see some traction in the coming days due to upcoming Diwali.

Taking Stock: Sensex, Nifty gain 6th day in a row; investor wealth soars Rs 6.36 lakh cr

BUSINESS

Taking Stock: Sensex, Nifty gain 6th day in a row; investor wealth soars Rs 6.36 lakh cr

Shares of Reliance Industries, HDFC Bank, Larsen & Toubro, Tata Consultancy Services and Maruti Suzuki emerged as the top contributor to the rally in the market.

Gold price today: Yellow metal falls on gains in equities

BUSINESS

Gold price today: Yellow metal falls on gains in equities

In the futures trade, gold and Silver prices were volatile on October 17 on Brexit related reports.

Slowdown blues | Economy to start looking up in H2 FY20, say economists

BUSINESS

Slowdown blues | Economy to start looking up in H2 FY20, say economists

There has been a strong demand for a cut in GST rates and income tax as well, to boost consumer demand. However, given the current fiscal situation, it looks less likely that the government will go for such measures.

An evening walk down D-St: Market rises for 3rd consecutive day; bank, auto, FMCG top contributors

BUSINESS

An evening walk down D-St: Market rises for 3rd consecutive day; bank, auto, FMCG top contributors

Vedanta, Mahindra & Mahindra and ONGC closed as the top gainers in the Sensex index, whereas Bharti Airtel, Infosys and Tata Motors emerged as the top losers in the index.

HUL Q2 results beat expectations: Should investors buy, sell or hold?

BUSINESS

HUL Q2 results beat expectations: Should investors buy, sell or hold?

Domestic brokerage firm Motilal Oswal Financial Services has a 'buy' recommendation on the stock, with a target price of Rs 2,265.

An evening walk down D-St: Indian market rises for 2nd day in a row

BUSINESS

An evening walk down D-St: Indian market rises for 2nd day in a row

Among the secondary indices, BSE Midcap outperformed Sensex, rising 0.44 percent while Smallcap index underperformed, ending with a mild gain of 0.12 percent.

A dream debut for IRCTC, but 8 of 10 stocks with best openings have failed to hold gains

BUSINESS

A dream debut for IRCTC, but 8 of 10 stocks with best openings have failed to hold gains

IRCTC listed at Rs 644 on the BSE, a 101.25 percent premium over its issue price of Rs 320 per share.

Infosys Q2: Numbers broadly in line, but challenges ahead; here's what brokerages say

BUSINESS

Infosys Q2: Numbers broadly in line, but challenges ahead; here's what brokerages say

Credit Suisse has an 'underperform' call on Infosys with a target price of Rs 690 due to high valuations and an expectation of a weaker second half of FY20.

An Evening Walk Down D-Street: Bulls back in charge; Infosys jumps 4%

BUSINESS

An Evening Walk Down D-Street: Bulls back in charge; Infosys jumps 4%

The secondary indices underperformed the benchmark. BSE Midcap and Smallcap indices ended 0.24 percent and 0.38 percent up, respectively.

Q2FY20 preview: Some pain, some gains for pharma

BUSINESS

Q2FY20 preview: Some pain, some gains for pharma

The ramp-up in specialty portfolios has been slower than anticipated, squeezing margins in the interim due to huge upfront costs.

Brokerages cut target price, revise estimates for TCS after a dull Q2 show

BUSINESS

Brokerages cut target price, revise estimates for TCS after a dull Q2 show

Credit Suisse has trim revenue estimates by 1 percent and EPS estimates by 5-7 percent adding that the company has a high-quality franchise but is not immune to an uncertain environment.

An Evening Walk Down D-Street: Market resumes downward march ahead of key earnings

BUSINESS

An Evening Walk Down D-Street: Market resumes downward march ahead of key earnings

Bharti Airtel, Reliance Industries, Hindustan Unilever and HCL Technologies settled as the top gainers in the Sensex index while IndusInd Bank, Yes Bank, Tata Motors, Vedanta and ICICI Bank emerged as the laggards.

Auto Q2 preview: Brace for one of the worst quarters in a decade

BUSINESS

Auto Q2 preview: Brace for one of the worst quarters in a decade

Along with the numbers, investors will focus on management commentaries, demand outlook for the second half of the FY20 and BSVI transition.

Will RJio's IUC charge trigger a re-rating for telcos?

BUSINESS

Will RJio's IUC charge trigger a re-rating for telcos?

Jio customers will be charged an interconnect usage charge (IUC) rate of 6 paise per minute for calls made to other mobile operators effective October 9.

An evening walk down D-St: Hike in DA, banking & financial help market break 6-day losing spree

BUSINESS

An evening walk down D-St: Hike in DA, banking & financial help market break 6-day losing spree

Among secondary barometers, BSE Midcap and Smallcap indices climbed 1.38 percent and 0.66 percent, respectively, underperforming the Sensex.

Will Q2 numbers lift market sentiment? Here's what brokerages say

BUSINESS

Will Q2 numbers lift market sentiment? Here's what brokerages say

"For Q2FY20, we forecast our coverage universe’s revenue and profit to decline by 3 percent and 6 percent, respectively," said brokerage Edelweiss Securities.

TCS Q2 preview: Brokerages expect mixed results; BFSI, weak IT spending may drag growth

BUSINESS

TCS Q2 preview: Brokerages expect mixed results; BFSI, weak IT spending may drag growth

Along with the numbers, brokerages say, outlook and visibility for double-digit growth in FY20, commentary on BFS and trajectory of margins amid rising sub-contractor expenses are the key points to watch out for.

Q2FY20 Preview: Private lenders likely to show stable growth; PSBs to report subdued numbers

BUSINESS

Q2FY20 Preview: Private lenders likely to show stable growth; PSBs to report subdued numbers

"Performance of PSU banks is likely to be soft and volatile, but private banks will continue to be on a stable footing," said brokerage firm Edelweiss Securities.

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