Tag Archives: market

The market that Reliance Jio seeks to tap

Reliance’s 4G-enabled JioPhone could be the game-changer that would democratize access to internet and digital services in India. Photo: Reuters Since its launch in September last year, Reliance Jio, the brand new mobile offering of the Mukesh Ambani-led behemoth Reliance Industries Ltd (RIL) has grown at a fast pace, already grabbing more than 10% of market share in the telecom ... Read More »

Market Now: Stocks that surged up to 20% today

The overall market sentiments remained positive since the beginning of today’ session. NEW DELHI: Shares of Gujarat NRE CokeBSE 15.42 % (up 20 per cent), Bombay RayonBSE 5.43 % (up 19.98 per cent), Parsvnath DevelopersBSE 16.94 % (up 19.76 per cent), JP Power (up 19.27 per cent), GVK PowerBSE 1.37 % Infra (up 19 per cent) and Repro IndiaBSE -2.82 % (up 16.33 per cent) zoomed over 15 per cent on NSE as benchmark ... Read More »

Market Week Ahead: 10 factors to keep investors busy amid July F&O expiry

The market closed flat with a positive bias in the passing week as the rally in Reliance Industries (post solid Q1 earnings, bonus issue of 1:1 and new Jio strategy) and technology stocks (after Wipro’s buyback worth Rs 11,000 crore) offset the initial fall due to ITC that cracked 13 percent on a hike in cigarette cess. Strong progress in ... Read More »

Market experts analyse Reliance Industries’ Q1 earnings

In an interview to CNBC-TV18’s Anuj Singhal, SP Tulsian of sptulsian.com, Sudeep Anand of IDBI Cap Markets, Prakash Diwan, Market Expert at Altamount Capital Management and Prayesh, AVP -Research IIFL, spoke about Reliance Industries quarterly earnings. Below are excerpts from the conversation Anuj: Looking at the numbers, Rs 7476 crore on refining. Where did that number come from? Tulsian: Extraordinary number, it is ... Read More »

AU Small Finance Bank now among the top 20 NBFCs by market capitalisation

The stock has gained 30% after its robust debut on July 10 MUMBAI, JULY 13:   Within three days of listing, the market capitalisation of AU Small Finance Bank (AU SFB), which got converted from a non-banking finance company to a bank only in April 2017, is larger than PSU banks such as IDBI Bank, Union Bank, Dena Bank and Bank ... Read More »

Mark Lister: Property market slowdown may hit economy

The rampant housing market has had a big effect on the strength of the economy over the last several years, writes Mark Lister. Picture / Greg Bowker Things have changed in the Auckland housing market. Sales volumes are well down from a year ago and the number of days to sell has been creeping higher. The number of auctions has ... Read More »

What changed for the market while you were sleeping? 12 things to know

The Nifty is likely to open higher on Thursday, tracking positive handover from Wall Street. The Nifty closed 30 points higher at 9,816 on Wednesday. The index formed a small bullish candle and negated negative pattern of shooting star formed in the previous session. The index moved in the trading range of the previous session, but the bulls managed to ... Read More »

What changed for market the while you were sleeping? 10 things you should know

The Nifty50 is likely to open flat on Wednesday in absence of major cues as Wall Street remained shut on account of public holiday. The Nifty50 closed 1.7 points lower at 9,613 on Tuesday. The index formed a bearish candle on the charts after a small bullish candle which suggests indecisiveness among the bulls as well as bears. But, the ... Read More »

Market Live: Nifty above 9600, Sensex extends gain; M&M up 2%

11:45 am Management at banks: Banks Board Bureau (BBB) has recommended to the government names of 15 general managers of various public sector banks for appointment as executive directors. Sources said the recommendations were made by BBB Chairman Vinod Rai and other members of the bureau. The list would be sent to the Department of Financial Services to get Appointments Committee ... Read More »

Market Live: Sensex extends losses, Nifty hovers around 9600-mark

Shares of Alembic Pharmaceuticals surged 4.2 percent intraday as it has received USFDA nod for Candesartan Cilexetil Tablets. The company has received approval from the United States Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Candesartan Cilexetil Tablets 32mg. The approved equivalent to the reference listed drug product Atacand tablets, 32 mg of AstraZeneca Pharmaceuticals ... Read More »