Business Standard

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Oil prices can hit $125 a barrel if Russia-Ukraine crisis worsens: Analysts_23762

Though analysts believe diplomatic efforts will continue leading to a stabilisation and an eventual easing of these tensions, it may take several months for this to happen

Oil prices can hit $125 a barrel if Russia-Ukraine crisis worsens: Analysts_23762
Updated On : 28 Jan 2022 | 12:51 AM IST

Investors poorer by Rs 3 trillion; key reasons for today's market fall_23788

The US Federal Reserve has indicated that they will begin hiking interest rates in the near future and that there will be multiple rate hikes this year.

Investors poorer by Rs 3 trillion; key reasons for today's market fall_23788
Updated On : 27 Jan 2022 | 3:55 PM IST

Air India's control to be handed over, Tata Sons Chairman in Delhi_23836

The management control of national carrier Air India is set to be handed over to a subsidiary of Tata Sons.

Air India's control to be handed over, Tata Sons Chairman in Delhi_23836
Updated On : 27 Jan 2022 | 2:26 PM IST

Canara Bank's healthy Q3 result sparks rally in PSB; index jumps 3%_23854

In Q3FY22, Canara Bank's asset quality improved with its gross non-performing assets (GNPA) ratio reducing to 7.80 per cent, down from 8.42 per cent as at September 2021.

Canara Bank's healthy Q3 result sparks rally in PSB; index jumps 3%_23854
Updated On : 27 Jan 2022 | 1:25 PM IST

Crude trumps $90: ONGC may see 15% upside; OMCs indicate a mixed trend_23831

The two major OMCs were exhibiting a mixed trend on the charts, with HPCL reflecting positivity, while BPCL struggling to hold ground.

Crude trumps $90: ONGC may see 15% upside; OMCs indicate a mixed trend_23831
Updated On : 27 Jan 2022 | 12:43 PM IST

This agrochemicals stock has zoomed 58% in four trading days in weak market_23832

Shares of Sharda Cropchem hit a new high of Rs 578.35 after they rallied 10 per cent on the BSE in Thursday's in intra-day trade

This agrochemicals stock has zoomed 58% in four trading days in weak market_23832
Updated On : 27 Jan 2022 | 12:27 PM IST

Aviation stocks under pressure; IndiGo down 7%, SpiceJet hits 52-week low_23802

These companies have significant exposure to price movement of Aviation Turbine Fuel (ATF) which is a derivative of crude oil.

Aviation stocks under pressure; IndiGo down 7%, SpiceJet hits 52-week low_23802
Updated On : 27 Jan 2022 | 11:21 AM IST

Data story: India logs 286,384 cases; daily positivity rate jumps to 19.6%_23791

India has so far administered 1,638,439,207 vaccine doses. That is 4087.4 per cent of its total caseload, and 116.94 per cent of its population

Data story: India logs 286,384 cases; daily positivity rate jumps to 19.6%_23791
Updated On : 27 Jan 2022 | 10:32 AM IST

Sebi order impact: Lux Industries tanks 29% in two trading sessions_23783

The stock of Kolkata-based hosiery maker quoted lower for the sixth straight day, and was down 35 per cent during the period.

Sebi order impact: Lux Industries tanks 29% in two trading sessions_23783
Updated On : 27 Jan 2022 | 10:28 AM IST

Torrent Pharma tumbles 14% on disappointing Q3 results_23772

In Q3FY22, earnings before interest tax and depreciation and amortization (EBITDA) margins declined 490 bps YoY to 25.5 per cent driven by price erosion in the US.

Torrent Pharma tumbles 14% on disappointing Q3 results_23772
Updated On : 27 Jan 2022 | 10:01 AM IST

Can you make a fortune in Adani Wilmar IPO? What brokerages say_23705

The IPO in the price band of Rs 218 to Rs 230 per share will be open for subscription from January 27 to January 31.

Can you make a fortune in Adani Wilmar IPO? What brokerages say_23705
Updated On : 27 Jan 2022 | 9:10 AM IST

Vinay Rajani of HDFC Securities says 'buy' ICICI Bank, Gujarat Alkalies_23716

According to Vinay Rajani, banking as a sector has been outperforming for a while and technical setup of bank index is much stronger than Nifty.

Vinay Rajani of HDFC Securities says 'buy' ICICI Bank, Gujarat Alkalies_23716
Updated On : 27 Jan 2022 | 8:37 AM IST

Stocks to Watch: Axis Bank, Brightcom, Cipla, Federal Bank, Pidilite, IT_23715

BHEL, Birlasoft, Canara Bank, Fino Payments Banks, LIC Housing Finance, MayMyIndia, McDowell Holdings, PNB, RBL Bank and Wockhardt to announce results today.

Stocks to Watch: Axis Bank, Brightcom, Cipla, Federal Bank, Pidilite, IT_23715
Updated On : 27 Jan 2022 | 8:28 AM IST

LIC exits Air India debt at a profit, sells back entire Rs 3,800 cr holding_23502

LIC and State Bank of India were top investors in AI's debt

LIC exits Air India debt at a profit, sells back entire Rs 3,800 cr holding_23502
Updated On : 27 Jan 2022 | 1:20 AM IST

Farm-loan waiver, tax cuts, fiscal prudence: Expectations from Budget 2022_22462

With five state elections in the coming months - Uttar Pradesh and Punjab being the major ones - some populist measures are also not ruled out, analysts said.

Farm-loan waiver, tax cuts, fiscal prudence: Expectations from Budget 2022_22462
Updated On : 27 Jan 2022 | 12:46 AM IST

LIVE: Kerala logs nearly 50,000 new Covid cases; 48,905 in Karnataka_23398

On Tuesday, the state had recorded 55,475 fresh cases, the highest ever single day spike in the infection since the outbreak of the pandemic in 2020

LIVE: Kerala logs nearly 50,000 new Covid cases; 48,905 in Karnataka_23398
Updated On : 26 Jan 2022 | 8:53 PM IST

US stock futures bounce ahead of Fed, oil gains on Russia-Ukraine_23546

U.S. S&P futures jumped 1.34%, indicating a stronger open on Wall Street, after the S&P 500 index lost 1.22% in the previous session.

US stock futures bounce ahead of Fed, oil gains on Russia-Ukraine_23546
Updated On : 26 Jan 2022 | 7:26 PM IST

Kerala logs nearly 50,000 new Covid cases, 63 deaths in last 24 hrs_23547

Kerala logged 49,771 fresh Covid-19 cases on Wednesday taking the caseload to 57,74,857, while the death toll rose to 52,281 with 140 Covid-19-related deaths being registered.

Kerala logs nearly 50,000 new Covid cases, 63 deaths in last 24 hrs_23547
Updated On : 26 Jan 2022 | 6:40 PM IST

'Each dose of Covishield, Covaxin may cost Rs 275 after regular market nod'_23514

'The National Pharmaceutical Pricing Authority has been directed to start working towards capping the price to make the vaccines affordable,' say sources

'Each dose of Covishield, Covaxin may cost Rs 275 after regular market nod'_23514
Updated On : 26 Jan 2022 | 3:41 PM IST

Axis Bank's re-rating 'imminent' provided it manages one operational metric_22958

On the back of this consistent beat on earnings, analysts believe Axis Bank's stock is set to re-rate. They see up to 53 per cent upside in the stock

Axis Bank's re-rating 'imminent' provided it manages one operational metric_22958
Updated On : 26 Jan 2022 | 12:58 AM IST

Stock market strategy: Is it time to buy, sell or hold? What analysts say_22942

Excessive volatility is likely to continue for a few more days until clarity emerges from the crucial US Fed meeting. The market is discounting a hawkish Fed, analysts said

Stock market strategy: Is it time to buy, sell or hold? What analysts say_22942
Updated On : 26 Jan 2022 | 12:31 AM IST

It's a healthy correction in Zomato stock; buy for long-term: Analysts_23038

With Zomato planning to expand its business, its outlook appears to be constructive, say analysts

It's a healthy correction in Zomato stock; buy for long-term: Analysts_23038
Updated On : 26 Jan 2022 | 12:00 AM IST

PMC Bank branches to operate as Unity SFB branches from Tuesday: RBI_23280

Crisis-hit Punjab and Maharashtra Cooperative (PMC) Bank's takeover by the Unity Small Finance Bank (USFBL) came into effect on Tuesday, with the government notifying the scheme of amalgamation.

PMC Bank branches to operate as Unity SFB branches from Tuesday: RBI_23280
Updated On : 25 Jan 2022 | 8:34 PM IST

IMF cuts India's GDP forecast for FY22 to 9% from 9.5%_23207

The International Monetary Fund (IMF) has cut India's economic growth forecast to 9 per cent for the current fiscal year ending March 31, joining a host of agencies which have downgraded their projections on concerns over the impact of a spread of new variant of coronavirus on business activity and mobility. In its latest update of World Economic Outlook on Tuesday, the Washington-based international financial institution, which had in October last year projected a 9.5 per cent GDP growth for India, put the forecast for the next fiscal FY23 (April 2022 to March 2023) at 7.1 per cent. The Indian economy had contracted by 7.3 per cent in the 2020-21 fiscal year. The IMF's forecast for the current financial year is less than 9.2 per cent that the government's Central Statistics Office has predicted and 9.5 per cent that the Reserve Bank of India has estimated. Its forecast is lower than the 9.5 per cent projection by S&P and 9.3 per cent by Moody's but more than the 8.3 per cent ...

IMF cuts India's GDP forecast for FY22 to 9% from 9.5%_23207
Updated On : 25 Jan 2022 | 6:43 PM IST

BJP likely to change CM in Karnataka ahead of Assembly elections: Report_23155

Sources said BJP high command is unhappy over defeat in by-elections and local body polls, including in Bommai's own constituency Hanagal in Haveri district

BJP likely to change CM in Karnataka ahead of Assembly elections: Report_23155
Updated On : 25 Jan 2022 | 5:39 PM IST

Sensex snaps 5-day losing run, ends 367 pts up; Nifty holds 17,250_22879

Bargain buying in banking and auto counters amid better-than-expected Q3 results by Axis Bank and Maruti Suzuki pushed the index 367 points higher at 57,858 level at close

Sensex snaps 5-day losing run, ends 367 pts up; Nifty holds 17,250_22879
Updated On : 25 Jan 2022 | 3:53 PM IST

Maruti Suzuki Q3 net profit falls 48% to Rs 1,011 cr, but beats estimates_23052

The carmaker said it had more than 240,000 pending customer orders at the end of the third quarter

Maruti Suzuki Q3 net profit falls 48% to Rs 1,011 cr,  but beats estimates_23052
Updated On : 25 Jan 2022 | 2:33 PM IST

Policybazaar trades lower for sixth day; tanks 51% from 52-week high_23053

The stock was trading at its new low, having fallen 29 per cent in the past six days. With this, the stock is now 26 per cent lower as against its issue price of Rs 980 apiece.

Policybazaar trades lower for sixth day; tanks 51% from 52-week high_23053
Updated On : 25 Jan 2022 | 2:22 PM IST

Voda Idea, Burger King, ICICI Bank: Strategies for result-driven stocks_23040

Follow-up buying in some of these stocks can see them move up in the sessions ahead. However, investors need to be mindful of the overall market volatility besides the technical setup

Voda Idea, Burger King, ICICI Bank: Strategies for result-driven stocks_23040
Updated On : 25 Jan 2022 | 1:59 PM IST

Bharti Airtel gains 4% on on plans to raise fund via preferential issue_22987

The company's board will meet on January 28, to consider raising funds via a preferential share issue to investors other than its promoter group.

Bharti Airtel gains 4% on on plans to raise fund via preferential issue_22987
Updated On : 25 Jan 2022 | 12:35 PM IST

Testing time for RIL; will the stock manage to hold its one-year support?_22961

The index heavyweight lost significant ground after breaking its earlier support at Rs 2,600, and now trades 18 per cent lower from its 52-weeks high.

Testing time for RIL; will the stock manage to hold its one-year support?_22961
Updated On : 25 Jan 2022 | 11:41 AM IST

Reliance Industries slips 7% in two days, loses over Rs 1-trn in market cap_22940

Meanwhile, the company has issued a clarification on loan of Rs 750 crore granted to Shapoorji Pallonji Company by its arm Reliance Ventures Limited

Reliance Industries slips 7% in two days, loses over Rs 1-trn in market cap_22940
Updated On : 25 Jan 2022 | 10:54 AM IST

IndiaMART InterMESH tanks 10%, stock hit fresh 52-week low post Q3 results_22931

The company also announced its participation in the Series B Investment Round of Simply Vyapar Apps Private Limited ('Vyapar'), of Rs 217.6 crore.

IndiaMART InterMESH tanks 10%, stock hit fresh 52-week low post Q3 results_22931
Updated On : 25 Jan 2022 | 10:14 AM IST

Data story: India logs 255,874 cases; active cases see marginal dip_22921

India has so far administered 1,629,209,308 vaccine doses. That is 4093.57 per cent of its total caseload, and 116.28 per cent of its population

Data story: India logs 255,874 cases; active cases see marginal dip_22921
Updated On : 25 Jan 2022 | 9:45 AM IST

Stocks to Watch: Axis Bank, Airtel, SBI Cards, Voda Idea, IEX, Burger King_22878

Cipla, Federal Bank, Finolex Industries, Indiabulls Real Estate, ICRA, Macrotech Developers, Maruti Suzuki, Pidilite, SRF, Torrent Pharma and United Spirits to announce results today.

Stocks to Watch: Axis Bank, Airtel, SBI Cards, Voda Idea, IEX, Burger King_22878
Updated On : 25 Jan 2022 | 8:04 AM IST

ICICI Bank may become 'super banktech'; analysts see 37% upside post Q3 nos_22512

Analysts have upped their one-year target price for ICICI Bank due to its consistent delivery over the last few years, which, they say, reflects an 'impressive turnaround'

ICICI Bank may become 'super banktech'; analysts see 37% upside post Q3 nos_22512
Updated On : 25 Jan 2022 | 1:31 AM IST

Axis Bank, Bajaj Auto: Nearly 45% of Nifty500 stocks trading below 200-DMA_22517

Stocks breaching 200-DMA may see aggravated selling pressure in coming sessions.

Axis Bank, Bajaj Auto: Nearly 45% of Nifty500 stocks trading below 200-DMA_22517
Updated On : 25 Jan 2022 | 1:26 AM IST

Markets fall for 5th straight day: Investors poorer by Rs 19.5 trn_22736

In Monday's trade, Tata Steel was the biggest drag among the 30-share frontline companies pack

Markets fall for 5th straight day: Investors poorer by Rs 19.5 trn_22736
Updated On : 24 Jan 2022 | 7:07 PM IST

Axis Bank Q3 results: Net profit soars 224% to Rs 3,614 cr_22666

The bank's net interest income grew 17% YoY to Rs 8,653 cr; asset quality improves

Axis Bank Q3 results: Net profit soars 224% to Rs 3,614 cr_22666
Updated On : 24 Jan 2022 | 6:09 PM IST

WHO head says 'dangerous' to assume Covid pandemic is nearing end_22711

However, Tedros Adhanom Ghebreyesus said it was possible this year to exit the acute phase of the pandemic

WHO head says 'dangerous' to assume Covid pandemic is nearing end_22711
Updated On : 24 Jan 2022 | 6:06 PM IST

Electronics production in India to reach $300 bn by 2026: Report_22559

Electronics production in the country is expected to reach USD 300 billion by 2026, industry body ICEA said in a report on Monday. The National Policy on Electronics (NPE) 2019 had set a target of achieving a turnover of USD 400 billion by 2025. However, the industry will be unable to achieve the target set by NPE 2019, due to the adverse impact of COVID-19 pandemic on the sector, the report said, adding that "the COVID-19 pandemic brought with it unforeseen and unprecedented challenges." "The NPE 2019 targets for electronics production in 2025-26 at USD 300 billion appears to be more realistic considering the disruption on account of COVID-19 in the past 18 months which has been aggravated with the new variants of the COVID-19 virus such as Omicron," the report said. The India Cellular and Electronics Association (ICEA) Chairman Pankaj Mohindroo while sharing the details of the report said that the reduced target still aims for a 400 per cent increase from the current level, which

Electronics production in India to reach $300 bn by 2026: Report_22559
Updated On : 24 Jan 2022 | 4:35 PM IST

Sensex crashes 1,546 pts, Nifty ends below 17,150 amid US Fed uncertainty_22444

The frontline S&P BSE Sensex crashed nearly 2,000 points intra-day, hitting a low of 56,984. It, however, staged a mild recovery in the fag-end and ended 1,546 points, or 2.6 per cent, lower at 57,491

Sensex crashes 1,546 pts, Nifty ends below 17,150 amid US Fed uncertainty_22444
Updated On : 24 Jan 2022 | 4:25 PM IST

BSE IPO index plunges 8% as Zomato, Nykaa, MapMyIndia tank up to 20%_22608

Latent View Analytics, Go Fashion, Chemplast Sanmar, Macrotech Developers (Lodha), CMS Info Systems, Sona BLW Precision Forgings and Devyani International slipped between 8% and 10%.

BSE IPO index plunges 8% as Zomato, Nykaa, MapMyIndia tank up to 20%_22608
Updated On : 24 Jan 2022 | 2:51 PM IST

Swiggy raises $700 mn in new funding round led by Invesco_22591

The funding round saw participation from new investors such as Baron Capital Group, Kotak, among others.

Swiggy raises $700 mn in new funding round led by Invesco_22591
Updated On : 24 Jan 2022 | 2:31 PM IST

875 stocks freeze at lower circuit on the BSE_22575

A sharp sell-off in small-sized companies witnessed one out of every five traded stocks locked at the lower circuit on the BSE.

875 stocks freeze at lower circuit on the BSE_22575
Updated On : 24 Jan 2022 | 1:52 PM IST

National Girl Child Day: CBSE Udaan to BBBP - list of schemes for girls_22537

On National Girl Child Day, we take a look at some government programmes and scheme for girls

National Girl Child Day: CBSE Udaan to BBBP - list of schemes for girls_22537
Updated On : 24 Jan 2022 | 1:40 PM IST

HDFC Life hits 52-week low on lower-than-expected December quarter results_22542

In Q3FY22, the company's gross premium income remained healthy with a 27 per cent increase to Rs 12,255 crore, led by traction in renewal premium and new business premium.

HDFC Life hits 52-week low on lower-than-expected December quarter results_22542
Updated On : 24 Jan 2022 | 1:16 PM IST

Data story: India logs 306,064 new cases; test positivity rate at 20.8%_22508

India has so far administered 1,622,607,516 vaccine doses. That is 4103.36 per cent of its total caseload, and 115.81 per cent of its population

Data story: India logs 306,064 new cases; test positivity rate at 20.8%_22508
Updated On : 24 Jan 2022 | 11:16 AM IST

Sharda Cropchem soars to a record high, up 20% on robust Q3 earnings_22499

EBITDA margin expanded by 220 bps YoY to 22.8 per cent in Q3FY22 driven by economies of scale, effective cost management marginally settled off by higher freight cost.

Sharda Cropchem soars to a record high, up 20% on robust Q3 earnings_22499
Updated On : 24 Jan 2022 | 10:59 AM IST

Nykaa registers new low, slumps 11% on heavy volume_22489

The stock price of Nykaa has declined 30% from its record high of Rs 2,574 touched on November 26, 2021.

Nykaa registers new low, slumps 11% on heavy volume_22489
Updated On : 24 Jan 2022 | 10:28 AM IST