BUSINESS
CONCOR shares shed over 2% despite rise in Q3 profit; Nomura sees 31% upside
The firm reported an earnings before interest, taxes, depreciation and amortization (EBIDTA) of Rs 426.4 crore in Q3 FY23, which was 14.1 percent higher than Rs 373.8 crore clocked in the corresponding period of the previous year.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens today
Stock Market News: Foreign institutional investors have net-sold shares worth Rs 219.87 crore on January 23. Among companies, Maruti Suzuki, HDFC AMC and Colgate will be in focus as these companies are scheduled to announce December quarter results
BUSINESS
Buzzing Stocks: Maruti Suzuki, Axis Bank, NBCC, and others in news today
Stocks to Watch: Check out the companies making headlines before the opening bell.
BUSINESS
Gainers & Losers: 10 stocks that moved the most on January 23
Among sectors, auto, bank, FMCG, healthcare, oil & gas and information technology were up 0.5-1 percent, while realty and power were down 0.4-0.7 percent
BUSINESS
UltraTech Cement top loser after Q3 profit falls 37% but Morgan Stanley still sees 21% upside
UltraTech Cement reported a consolidated net profit of Rs 1,062.58 crore in Q3 but better than expected revenue at Rs 15,520.93 crore, which was 19.53% higher than the year-ago quarter
BUSINESS
JSW Energy down 4% after Dec quarter profit tanks to Rs 180 crore, HDFC Sec retains 'sell'
Finance costs during the quarter increased by 9 percent to Rs 214 crore due to additional borrowings (for ongoing growth capex) and an increase in weighted average cost of debt to 8.29 percent with the rising rates cycle.
BUSINESS
Gold Prices Today: Recession fears, weak dollar to support precious metal as investors eye US GDP data
Prospects of a looming slowdown in the US, cooling inflation and labour market coupled with a Fed pivot are likely to continue bolstering gold prices, says Ravindra V Rao of Kotak Securities
BUSINESS
Bandhan Bank jumps after research firms tag stock with 'buy' rating, with 42% upside
Net interest income (NII) or the income a bank earns by giving loans, fell marginally by 2.1 percent YoY to Rs 2,080.43 crore. Other income increased nearly 45.74 percent YoY to Rs 1,033.30 crore.
BUSINESS
Buzzing Stocks: Reliance, Axis Bank, UltraTech Cement and others in news today
Stocks to Watch: Check out the companies making headlines before the opening bell.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens
Stock Market News: In the previous session on Friday, the Sensex settled 237 points lower at 60,622, while the Nifty declined 80 points to end at 18,028.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens
Stock Market News: In the previous session on Thursday, the BSE Sensex dropped 187 points to 60,858, while the Nifty50 retreated 58 points to 18,108
BUSINESS
Buzzing Stocks: Reliance Industries, Hindustan Unilever, Hindustan Zinc, and others in news today
Stocks to Watch: Check out the companies making headlines before the opening bell.
BUSINESS
Gainers & Losers: 10 stocks that moved the most on January 19
Among sectors, power, FMCG and auto were down 0.5-1 percent in a volatile session
BUSINESS
Gold Prices Today: Experts expect precious metals to remain volatile as investors eye ECB president's speech
The overall trend remains positive for bullions as long as the Comex spot is intact above the $1880 level on a weekly closing basis. In the domestic market immediate support zone is seen around Rs 56,000 level and resistance around the Rs 56,600 level, said Deveya Gaglani of Axis Securities.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens
Stock Market News: Investors will be watching out for December quarter results including IndusInd Bank, Hindustan Unilever and Asian Paints.
BUSINESS
Buzzing Stocks: Hindustan Unilever, IndusInd Bank, Aurobindo Pharma, and others in news today
Stocks to Watch: Check out the companies making headlines before the opening bell.
BUSINESS
Gainers & Losers: 10 stocks that moved the most on January 18
On the sectoral front, metal index added 2 percent and capital goods index rose 1 percent, while bank and pharma indices added 0.5 percent each. The BSE midcap and smallcap indices ended with marginal gains
BUSINESS
D-Street Buzz: CLSA tags Hindalco with 'buy', Tata Steel with 'outperform' as metals shine
According to global research and broking firm CLSA, the steel outlook improved while global news flows would continue to dominate outlook for the Indian metals sector. A faster reopening in China and stimulus has provided a new lease of life for the sector, although on ground demand improvement is still elusive, it said.
BUSINESS
Sundram Fasteners edges higher after bagging $250-million job from global auto major
The company would ship the parts from its powertrain divisions located at Mahindra World City in Chengalpattu, Tamil Nadu, and Sri City, Andhra Pradesh. The parts will be serviced from the company's warehouse in North America.
BUSINESS
Gold Prices Today: Precious metals may edge higher amid macro woes; yellow metal sees resistance at Rs 56,580
Manoj Kumar Jain, Prithvi Finmart Commodity Research suggests buying silver around Rs 69000 with a stop loss of Rs 68550 on a closing basis for target of Rs 70000.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens today
Stock Market News: Trends in the SGX Nifty indicate a positive opening for the broader index in India with a gain of 57 points on Wednesdsay
BUSINESS
Gainers & Losers: 10 stocks that moved the most on January 17
On the sectoral front, realty, energy, infra, power, capital goods and FMCG gained 1 percent each, while PSU bank index shed nearly 2 percent.
BUSINESS
Reliance gains as Jefferies raises target price to Rs 3,100 on green hydrogen boost
"Initial incentives of Rs 19,740 crore is only a beginning and is dwarfed by subsidies announced by the US and the EU. Any meaningful capital subsidy to RIL should aid $ 8 billion valuation of its green H2 foray," Jefferies said.
BUSINESS
Gold Prices Today: Yellow metal prices likely to stay volatile, resistance around Rs 56,680-56,780
Dollar weakness might persist that might support gold, as market participants are ramping up bets that the Bank of Japan will exit its ultra-dovish stance, said Ravindra V. Rao of Kotak Securities.
