Page 3 - Markets

The LIC way or the Air India way: A tale of two suboptimal paths

One path waits for the company to go bankrupt while the other continues to subject it to government whim, writes T N Ninan

Sensex soars 1,534 pts; Nifty tops 16,250; Dr Reddy's surges 8%, RIL 6%

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

ITC rallies on strong Q4 results, nears 3-year high in a weak market

Cigarette volumes, price growth in FMCG biz, and agri exports to drive revenue

Sensex crashes 1,400 points: 6 factors underlining bearish sentiment

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

Investors poorer by Rs 7 trn as Sensex crashes 1,416pts; Nifty holds 15,800

CLOSING BELL: The Nifty IT index plunged 6 per cent on the NSE today after global brokerage JPMorgan downgraded the sector to "underweight".

Chart check: ITC could jump 40% on fresh breakouts, may hit Rs 400-mark

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

HDFC Bank hits 52-week low; slips 26% since merger announcement with HDFC

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 slips 9%, hits 2-year low on disappointing March quarter results

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.

TMS Ep175: IT pay hike, 5G & 6G launch, markets, Places of Worship Act

Will higher pay be the new norm in IT sector? Are we prepared to roll out next-gen mobile networks? Has the crash in mid, small-caps bottomed out? What is Places of Worship Act, 1991? Answers here

Has the crash in mid, small-caps bottomed out?

From their lifetime peaks, broader indices have tumbled upto 20% as against a 13-14% slide in benchmarks. Analysts expect these two segments to rebound once the economic growth prospects become clear

Sensex snaps 2-day gaining streak, slips 110 pts; Ruchi Soya leaps 10%

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

Dr Reddy's Q4 PAT may rise 28% YoY; margins likely to fall, say analysts

The pharmaceutical giant may witness some impact due to its large exposure of the business to Russia, and CIS regions.

Gokaldas Exports surges 9%; hits all-time high on healthy business outlook

A shift in consumer preferences post pandemic towards wovens, as people seek more formal clothes, may improve demand.

LIC listing: After discounted debut, Macquarie sets Rs 1,000 as target

LIC listing: The debut was below expectations, and also lower than the discounted value at which shares were offered to policyholders (Rs 60 per share) and retail investors (Rs 45 per share)

Sensex soars 1,345pts, Nifty tops 16,250; LIC ends 8% down at Rs 875 on BSE

CLOSING BELL: Shares of Life Insurance Corporation of India (LIC) listed at Rs 867.20 on the BSE, a 8.6 per cent discount when compared with its issue price of Rs 949 per share

Long runway for growth in the insurance sector, say analysts

Insurance stocks underperformed the frontline indices on Tuesday following a faded listing of state-run giant Life Insurance Corporation.

After a surprise profit in Q3, IndiGo may report net loss in Q4: Analysts

IndiGo Q4 preview: Analysts expect the airline to bleed this quarter yet again amid high fuel costs

Snippet from LIC history: A minister, a son-in-law & a financial adventurer

The scandal involved the finance ministry and a canny industrialist, and details were eventually brought into the limelight by Jawaharlal Nehru's crusading son-in-law

LIC listing today to India getting new warships: Here're top news on May 17

From Rajnath Singh launching frontline warships to Indian embassy in Kyviv reopening, here are the top five developments for May 17

Analysts cut target prices on SBI stock as lender misses Q4 estimates

SBI Q4 result review: Global brokerage Nomura has cut the lender's target from Rs 650 to Rs 610 as it reported flat net interest margin (NIM) of 3.15 per cent