Tag Archives: in

Jet Airways climbs 7% on bank-led provisional resolution plan, posts loss in Q3

Jet Airways shares rallied 7.5 percent in morning on Friday after board approval for bank-led provisional resolution plan. The stock was quoting at Rs 238.40, up Rs 12.60, or 5.58 percent on the BSE, at 09:57 hours IST. “The bank led provisional resolution plan proposes restructuring under the provisions of the ‘RBI Circular’ in order to meet a funding gap ... Read More »

Business Top 5: Equity inflow declines for third straight month; Tata Motors highest fall in 26 years

Equity inflow in the Indian mutual fund industry declined for the third straight month in January 2019 and reached its lowest level since January 2017. Income category witnessed an inflow of Rs 2,080 crore. Representative Image  |  Photo Credit: Getty Images 1). Equity inflow declined third month in a row Equity inflow in the Indian mutual fund industry declined for the ... Read More »

TechM, HUL, Ultratech among 7 stocks that analysts say will deliver gains in 3 weeks

NEW DELHI: The domestic equity market suffered sharp losses in morning trade on Monday, as the euphoria over Fed pause and Budget booster fizzled out and investors embarked on a selling spree amid poor health of the rupee, which fell nearly 48 paise against the US dollar this morning. In the absence of fresh directional cues, the market moved towards ... Read More »

Without Pain, There’s No Gain In The Stock Market

According to Lipper data, investors moved over $190 billion into money-market funds in the final quarter of 2018—the biggest dash to cash since 2008. How many got back in to catch the best January rally in over 30 years? Whipsaws are painful. And all too common in the stock market. Another example: Apple issued a profit warning after the market ... Read More »

ICICI Bank loan case: CBI transfers officer for delay in probe

“There was a strong suspicion that he might leak information about the ensuing searches.” The CBI is conducting an internal inquiry into the suspected role of Superintendent of Police Sudhanshu Dhar Mishra in the alleged delay in probing the ICICI Bank loan fraud case. Mr. Mishra, the supervisory officer, was transferred from the Bank Security and Fraud Cell (Delhi) to ... Read More »

Red flags relevant but why silence in our case, ask govt bank officers

Two former CEOs of public sector banks who are now facing charges filed by the CBI. IT is not often that a Union Cabinet minister goes public to criticise the “investigative adventurism” of the CBI which is under his government’s watch. On Friday, Jaitley wrote in his blog: “Sitting thousands of kilometers away when I read the list of potential ... Read More »

Budget 2019 to set tone for markets; banks, consumers, cement stocks in focus

The New Year started positive but slightly on a somber note with the Indian equity market making a marginal gain in the first 15 days of the year. Both Nifty50 index and BSE Sensex rose 0.2 percent and 0.7 percent, respectively. The surge in the global equity market and continuation of buying interest by domestic institutional investors (DIIs) helped the ... Read More »

ICICI Securities stock tumbles 6.29% after 34.3% decline in Q3 net profit

The ICICI Securities stock fell in trade today after the investment services arm of ICICI Group reported a 34.3 per cent decline in consolidated profit to Rs 101.1 crore for the third quarter ended December 31. The company’s profit stood at Rs 153.9 crore in the October-December quarter of 2017-18, ICICI Securities said. The midcap stock touched an intra day ... Read More »

Bullish on two pharma stocks in near term: Sudip Bandyopadhyay, Inditrade Capital

It will be determined by the corporate results that come out next week. A whole lot of interesting results are lined up. By and large, we believe the markets are showing positive trends. There are global uncertainties. The slowdown in China is particularly worrisome. But there is a silver lining since the India growth story is to a great extent intact. Even ... Read More »

Sensex, Nifty: 10 best performing stocks in 2018

As the year 2018 comes to an end, the Sensex and Nifty look set to close on a positive note despite witnessing volatile phases of trade during the period. While the Sensex has logged over 5% gains since the beginning of this year, the Nifty has gained nearly 3% during the same period. But the gains look mediocre when compared ... Read More »