Crisil, Hindustan Aeronautics, MRPL, ITC, and Welspun Corp have logged smart gains despite the broader market weakness.
While investors have preferred to stay on the sidelines on Paytm stock, Goldman Sachs believes the risk-reward for Paytm are skewed to the upside
LIVE news updates: Vinai Kumar Saxena will be the new Lieutenant Governor of Delhi.
According to the current chart structures, shares of OMCs needs to hold their relevant support levels to stay afloat.
Charts of steel stocks signal further downside, indicating a fall up to 20 per cent in select shares; cement counters indicate a wait-and-watch approach
Apcotex hit a record high of Rs 640.30 and rallied 10 per cent on the BSE.
Analysts also believe that the government's export duty hike on steel and plastic bodes well for the auto sector due to elevated commodity inflation.
In the past three months, the stock has zoomed 161 per cent, as compared to 5 per cent decline in the S&P BSE Sensex.
The government levied export duty on 11 iron and steel intermediates and key steel products.
The upside for MCX Gold June futures seem capped around Rs 51,500-odd level; while MCX Silver futures are likely to face strong resistance in the Rs 64,200 - 64,800 range.
Stocks to Watch Today: Bharat Electronics, Data Patterns (India), SAIL and Zomato ahead of Q4 earnings on Monday.
Parekh, the CEO & MD of Infosys since January 2018, has successfully led Infosys in the last 4 years
The move will have revenue implication of around Rs 1 trn for the govt, says FM Sitharaman; also, the govt will give Rs 200/cylinder subsidy to Ujjwala Yojana beneficiaries for 12 cylinders in a year
CFO Madhur Deora has been re-appointed till May 19, 2027; Paytm forms joint venture general insurance firm, to invest Rs 950 crore in 10 years
That said, the derivative market average turnover has improved in May
Live news updates: From Pegasus snooping case to BJP meeting in Jaipur, catch all the live updates here
The dividend payment comes after the economy comes under stress from the war in Ukraine and fears for the world economy.
CLOSING BELL: Dr Reddy's Labs, JSW Steel, Nestle India, Tata Motors, Tata Steel, Cipla, Adani Ports, L&T, RIL, Axis Bank, and SBI led from the front, rallying over 3.5 per cent each
The stock gained 9 per cent in two days after the pharma company reported better-than-expected revenue growth in March quarter (Q4FY22).
In the past one week, the stock has gained 18 per cent after the company reported 90 per cent year on year (YoY) jump in consolidated net profit at Rs 3,105 crore for March quarter (Q4FY22).
With this, Welspun Crop order book as on date (excluding Saudi) stands at 704,000 MT valued at approximately Rs 10,500 crore.
P N Vasudevan resigned as the managing director and chief executive officer of the Equitas Small Finance Bank for a career in health and education.
AAI has put SpiceJet on 'cash and carry' mode since 2020, due to the airline's inability to clear airport dues
In Q4FY22, CPCL reported four-fold jump in its consolidated net profit at Rs 1,002 crore as against Rs 242 crore in Q4FY21.
The stock hit an intra-day low of Rs 594.25, down 6 per cent from its issue price.
According to the technical analyst, ITC has given a confirm breakout above Rs 272, hence the stock can potentially rise to Rs 290.
The Supreme Court said the Parliament and state legislatures possess equal powers to legislate on GST
Cigarette volumes, price growth in FMCG biz, and agri exports to drive revenue
The brokerage firm has downgraded the Indian information technology sector to 'underweight' as it believes the heydays of the sector are over
Live news updates: From Quad summit to Covid cases and Russia-Ukraine war, catch all the latest developments from across the globe live here
Tracking overnight slump in the Wall Street, the worst selloff seen since June 2020, analysts believe that the markets will remain on edge over fears of recession and concerns of a hawkish US Fed
The lifting of the ban came after hundreds of farmers rallied to protest the move, saying their incomes have suffered because prices of their fresh fruit bunches plunged
CLOSING BELL: The Nifty IT index plunged 6 per cent on the NSE today after global brokerage JPMorgan downgraded the sector to "underweight".
In its 2018 verdict, the apex court had reduced the sentence of Sidhu from three years imprisonment to Rs 1,000 fine.
The company reported robust growth in its operations, backed by solid traction in manganese alloy business in both export and domestic markets.
The company's board also recommended a final dividend of Rs 30 per equity share of face value of Rs. 5 each for the financial year 2021-22.
The deterioration of the US corporate sector profitability would lead to tighter IT spending
Asset quality worsened during the quarter as gross non-performing asset (NPA) and net NPA ratio increased by 160 basis points (bps) and 170 bps quarter on quarter (QoQ) to 3 per cent and 2.7 per cent.
Though ITC is 40 points short from its all-time high of Rs 315.25-mark, the present scenario on the daily and weekly charts point to a strong up move
Slower-than-expected credit growth amid weakening macros due to the Ukraine-Russia conflict; further softness in margins due to slower retail credit growth are key risks according to analysts
Lupin's performance was skewed on revenues front amid US and India posting lower than expected sales while RoW and South Africa saw better than anticipated traction this quarter.
Stocks to Watch: The US markets suffered the biggest one-day sell-off in almost two years -Investors worry about inflation and its impact on earnings and prospects for monetary policy tightening
To pay 1% of turnover of products as annual royalty under transfer agreement
In the past one week, Airtel has underperformed the market by falling 4 per cent, as compared to 0.28 per cent rise in the Sensex.
Vivo X80 5G series launched today: The Vivo X80 Pro 5G and Vivo X80 are powered by company's proprietary V1+ imaging chip, which is touted to enhance gaming and imaging experience
Consolidated revenue from operations rose 14% to Rs 17,554 crore as against Rs 15,404 crore in Q4FY21
Since 2014, Elbers (52) has served as the President & Chief Executive Officer of KLM Royal Dutch Airlines
The board also approved to change company's name from Ruchi Soya Industries to Patanjali Foods.
CLOSING BELL: Sectorally, the Nifty Realty and PSU Bank indices were the worst hit as they slipped 1.75 per cent and 1.6 per cent on the NSE
The pharmaceutical giant may witness some impact due to its large exposure of the business to Russia, and CIS regions.