Page 13 - Markets

MTNL zooms 9% as govt defers merger with BSNL; stock up 26% so far in April

The merger of BSNL and MTNL, approved by the Union cabinet in October 2019, was a part of the revival package for both the telecom companies

Uma Exports clocks robust debut, lists at 18% premium against issue price

Shares of Uma Exports listed at Rs 80 apiece on the BSE -- a 17.6 per cent premium against its issue price of Rs 68

HDFC twins, IT stocks drag Sensex 566pts down; Nifty holds 17800; PSBs zoom

CLOSING BELL: HDFC Bank, HDFC, and HDFC Life were the biggest laggards on the 50-pack index as they fell between 2.5 per cent and 3.5 per cent

HDFC Bank, HDFC down for 2nd day in a row; dip up to 11% from Monday's high

Shares of HDFC Bank and HDFC have fallen 6 per cent in the past two trading days

Hindustan Oil tanks 16% on delay in commencement of B-80 project

The company said there has been a delay in the commencement of production from the field due to operational issues.

Vodafone Idea rises 7% on heavy volumes; gains 14% in last four days

The board of directors of the company on March 31, 2022 had approved the allotment of 3,383 million equity shares at Rs 13.30 per scrip to three promoters group entities for about Rs 4,500 crore.

Will India Inc see robust Q4 despite input cost pressure?

Against a tumultuous start to the year, India Inc's March quarter results will start coming from next week. While earnings' prospects have been shrouded by several headwinds, can we expect a surprise?

HDFC-HDFC Bank merger: Brokerages see return ratios improving by FY25-26

Analysts think there are multiple challenges such as impact of SLR/CRR/PSL compliance cost; the RBI's aversion to banks holding considerable stakes in para-banking businesses

Sensex ends near day's low, dips 435pts; Nifty below 18K; HDFC Bank down 3%

CLOSING BELL: Mixed global cues, rising bond yields globally, and an uptick in oil prices also dented the sentiment

TCS gains 2% to hit 10-week high; stock nears all-time high

The company is scheduled to meet on Monday, April 11, 2022 to consider financial results for the quarter and full year ending March 31, 2022.

Tata Motors extends gain on healthy volumes in March

With government's thrust on infrastructure, private capex cycle revival and need for personal mobility, analysts expect PV and CV space, in particular, to witness healthy pick-up in sales volume

Rupee trades in narrow range against US dollar in early trade

The rupee started on a flat note on Tuesday tracking the strength of the dollar in the overseas market and elevated crude oil prices.

Wall Street, tech stocks fired up by Twitter rally after Musk purchase

Wall Street's three major equity indexes rose about 1% on the average with shares of Twitter, particularly, outperforming on news that flamboyant tech-entrepreneur and influencer Elon Musk had become the largest shareholder in the microblogging site.The three indexes - the S & P 500, the Dow Jones Industrial Average and the Nasdaq Composite - also rose broadly for a second day in a row after closing first quarter trading last week with the biggest slump since the coronavirus breakout of two years ago.Twitter jumped 27% in price, closing up $10.66 at $49.97 per share after Musk, the chief executive of electric carmaker Tesla, bought almost 73.5 million shares in the company amounting to a passive stake of 9.2%.Musk' purchase, worth nearly $3 billion, comes less than two weeks after he criticized the company, polling people on Twitter about whether Twitter adheres to free speech principles. An entrepreneur known for courting controversy and for getting into trouble with stock market

HDFC - HDFC Bank merger: What's in store for the shareholders?

Shareholders of HDFC Ltd will receive 42 shares of HDFC Bank for 25 shares held

Sensex sprints 1,335 points, Nifty tops 18,050; HDFC twins jump up to 10%

CLOSING BELL: Besides, Kotak Bank, HUL, IndusInd Bank, Tata Steel, L&T, and Sun Pharma were the other top gainers

Investor wealth jumps over Rs 3 trn, 416 stocks breach upper circuit

In morning trade, a total of 25 Sensex constituents were in the green

SML Isuzu surges 18% on product price hikes; healthy March sales

The company has decided to increase prices of its products (across all models - trucks & buses) by 3-4 per cent, effective from today i.e. April 4, 2022.

Is the worst over for the markets?

Apart from the Ukraine-Russia war, high inflation and exit of easy money policy can be a risk for investors this fiscal. Can markets withstand turbulent times or is there a devil waiting in disguise?

TMS Ep142: Crypto industry, foreign diplomats in India, markets, CUET

How are Indian crypto industry and investors coping with the new tax regime? Why foreign diplomats are rushing to New Delhi? Is the worst over for the markets? What is CUET? All answers here

M-cap of 10 most valued firms soars Rs 2.61 trn; HDFC Bank, RIL top gains

Last week, the Sensex zoomed 1,914.49 points or 3.33 per cent.