Business Line – Markets

  • Crude oil futures plunge to Rs 4,025 per barrel
    on January 19, 2018 at 7:46 am

    Crude oil futures slipped 1.54 per cent to Rs 4,025 per barrel, in line with a weak trend in Asian trade, as traders cut exposure at existing levels. Crude oil for delivery in January was trading l... […]

  • Sensex up 79 points; bank stocks steal the show
    on January 19, 2018 at 7:40 am

    Domestic sentiment buoyed as GST Council cut rates on 83 goods, services […]

  • Tata Steel raises $1.3 billion via bond issue
    on January 19, 2018 at 7:32 am

    Tata Steel has raised $1.3 billion (about Rs 8,300 crore) through issuance of unsecured bonds in two tranches in the international markets to repay overseas debt and improve credit profile of the com... […]

  • SAT refuses to lift SEBI ban on Price Waterhouse
    on January 19, 2018 at 7:26 am

    The Securities Appellate Tribunal (SAT) said on Friday that Price Waterhouse can continue to service existing clients whose financial year started on January 1, 2018, but it refused to grant a stay o... […]

  • Nifty Active Call: Go long on a break above 10,860 with a stop-loss at 10,845
    on January 19, 2018 at 7:19 am

    Nifty 50 Jan Futures (10,839) The Nifty 50 futures contract is trading mixed and volatile over the last couple of days. Though the contract has reversed sharply higher from the intraday low of 10,7... […]

  • Gold futures down at Rs 29,571 per 10 gm
    on January 19, 2018 at 7:14 am

    Gold prices fell Rs 37 to Rs 29,571 per 10 grams at the futures trade as participants trimmed their positions to book profits amid a weak trend overseas. At the Multi Commodity Exchange, gold for ... […]

  • Biocon hits 2-week high on Sandoz deal
    on January 19, 2018 at 6:50 am

    Shares of Biocon hit near 2-week high as the company has tied up with Sandoz to develop, manufacture and commercialise biosimilars in immunology and oncology for global markets. The stock jumped a... […]

  • Oil prices fall over 1% on recovery in US output
    on January 19, 2018 at 6:19 am

    Crude prices in line for biggest weekly drop since October […]

  • Gold edges up as dollar remains weak
    on January 19, 2018 at 6:02 am

    Precious metal was still on track for its first weekly drop in six weeks […]

  • Cyient hits over 2-year high on Q3 revenue
    on January 19, 2018 at 5:43 am

    Shares of Cyient hit over 2-year high on higher Q3 revenue. The stock rallied as much as 7.1 per cent to Rs 623, highest since October 15, 2015. The company had said on Thursday its December quarte... […]

  • Airtel shares plunge 2.3% as Q3 profit misses estimates
    on January 19, 2018 at 5:32 am

    Shares of Bharti Airtel fell as Q3 profit misses estimates. The stock plunged as much as 2.3 per cent to Rs 483.50, lowest since December 6, 2017. India's biggest mobile carrier posted smaller-than... […]

  • Dollar wallows near 3-year trough
    on January 19, 2018 at 5:19 am

    Fears of govt shutdown add to woes […]

  • Asian stocks set record highs
    on January 19, 2018 at 5:17 am

    Worries over possible US government shutdown weigh on dollar […]

  • Wall Street pauses rally as utilities, industrials fall
    on January 19, 2018 at 5:16 am

    Wall Street fell on Thursday as losses in industrials and interest-rate sensitive sectors offset marginal gains in tech stocks.Utilities and real estate dipped 0.6 per cent and 1.0 per cent, respecti... […]

  • Rupee firms up by 16 paise to 63.70 on dollar selling
    on January 19, 2018 at 5:13 am

    The rupee firmed up 16 paise to trade at 63.70 against the dollar in the opening trade, rising for a third straight day on increased selling of the US currency by exporters and banks. According to ... […]

  • New team leaders for Singhi Advisors
    on January 18, 2018 at 4:51 pm

    Singhi Advisors, a Mumbai-based mid-market-focussed investment bank, has expanded its leadership team by appointing Ashok Panjwani as partner and Gaurav Agarwal as director. Panjwani was previously M... […]

  • Bombay Dyeing & Manufacturing Company (₹250.5)
    on January 18, 2018 at 4:45 pm

    Investors with a short-term perspective can sell the stock of Bombay Dyeing & Manufacturing Company at current levels. The stock has been on an intermediate-term uptrend since taking support at... […]

  • Small/mid-cap indices crack; stay away, caution analysts
    on January 18, 2018 at 4:44 pm

    Future movement dependent on financial performanc […]

  • Silly Monks stock surges 20% on Day 1
    on January 18, 2018 at 4:43 pm

    Shares of Silly Monks Entertainment, a Hyderabad-based digital entertainment firm, were listed on the NSE on Thursday at a huge premium.Shares of the company, which is looking to tap the content de... […]

  • ‘We’ll move the apex court on NSEL merger issue’
    on January 18, 2018 at 4:41 pm

    63 moons technologies (formerly Financial Technologies (India)) TIL) was recently put in a corner with the Bombay High Court on December 4 dismissing its petition challenging the government’s order to... […]

The Hindu

  • SAT refuses to lift SEBI ban on Price Waterhouse
    on January 19, 2018 at 9:20 am

    The Securities Appellate Tribunal today refused to grant a stay on the two-year SEBI ban on audit major Price Waterhouse (PW) to undertake new clients. On January 10, the markets watchdog SEBI had ba... […]

  • GST rate cut: Sensex jumps 109 points; Adani Ports soars 4%
    on January 19, 2018 at 9:20 am

    Bank, capital goods stocks steal the show […]

  • European shares steady but set to end the week near 2-1/2 year high
    on January 19, 2018 at 9:20 am

    European shares were little changed in opening deals on Friday as gains among miners following strong economic data from top metals consumer China were offset by a pullback in crude prices. The pan... […]

  • China stocks scale 2-year highs on GDP data
    on January 19, 2018 at 9:07 am

    China stocks ended at fresh two-year highs on Friday, with the Shanghai index posting its fifth straight week of gains, as banks extended their rally and after the country posted its first accelerati... […]

  • Nokia signs its first official 5G equipment deal with NTT DoCoMo
    on January 19, 2018 at 8:57 am

    Finland's Nokia said on Friday it signed its first major deal to supply new 5G wireless radio base stations to Japanese telecom operator NTT DoCoMo, which boasts nearly half of the country's mobile s... […]

  • Dilip Buildcon bags project worth Rs 360 cr
    on January 19, 2018 at 8:54 am

    Dilip Buildcon has bagged a road project worth Rs 360.58 crore in Karnataka from Ircon International Ltd. “The company has received letter of award from Ircon International for an engineering, proc... […]

  • Refund of unspent balance and security deposit to customers: TRAI to RCom
    on January 19, 2018 at 8:53 am

    The Telecom Regulatory Authority of India (TRAI) on Friday has issued a direction for refund of unspent balance of prepaid mobile subscribers and security deposit of the post paid subscribers pursuan... […]

  • Financial stocks push Nikkei up
    on January 19, 2018 at 8:35 am

    Japan's Nikkei share average edged up on Friday with financial stocks leading the gains after US yields rose, while GMO Internet soared after an activist fund called on the company to change its gove... […]

  • Wipro likely to post 0.8-1.4% constant currency revenue growth
    on January 19, 2018 at 8:27 am

    Wipro is expected to post constant currency revenue growth in the range of 0.8-1.4 per cent on a quarterly basis. For India's third largest software exporter, this growth could be somewhere in the mi... […]

  • Gadkari to deliver keynote at BusinessLine’s Budget event
    on January 19, 2018 at 8:21 am

    As the NDA government readies itself to present the last Budget of its five-year tenure, BusinessLine’s CountDown to Union Budget 2018 event will see experts from various sectors talk about their ex... […]

  • Crude oil futures plunge to Rs 4,025 per barrel
    on January 19, 2018 at 8:18 am

    Crude oil futures slipped 1.54 per cent to Rs 4,025 per barrel, in line with a weak trend in Asian trade, as traders cut exposure at existing levels. Crude oil for delivery in January was trading l... […]

  • Look at the positives, we took 20 wickets: Dhoni on poor Test show
    on January 19, 2018 at 8:10 am

    The under-fire Indian Test team today got the backing of former captain Mahendra Singh Dhoni, who said there are quite a few positives to pick despite the drubbing handed out by South Africa—the prom... […]

  • Kotak Mahindra Bank Q3 net profit up 20% at Rs 1,053 cr
    on January 19, 2018 at 7:59 am

    Private sector lender Kotak Mahindra Bank Ltd posted a nearly 20 per cent increase in third-quarter profit on Friday, helped by higher interest and fee income and as bad loans dropped. Net profit ros... […]

  • ITC Q3 profit rises 17%; beats estimates
    on January 19, 2018 at 7:58 am

    ITC Ltd, the country's biggest cigarette maker, posted a 16.8 per cent rise in its third-quarter profit on Friday, helped by a one-time gain. The company, which also makes consumer goods ranging from... […]

  • America is coming back bigger and better: Trump
    on January 19, 2018 at 7:53 am

    America is coming back bigger and better and stronger than ever before, President Donald Trump has said as he highlighted the benefits of the recently passed tax reform bill to the country. Trump vi... […]

  • Tata Motors gears up for its next design wave
    on January 19, 2018 at 7:43 am

    Pratap Bose, Head of Design, says the next 12 to15 years will mark a new phas […]

  • HDFC Bank Q3 net jumps 20% on higher interest, fee income
    on January 19, 2018 at 7:38 am

    HDFC Bank Ltd reported a record high quarterly profit, as an increase in interest and fee incomes as well as a steady non-performing loan ratio boosted the bottom line for the country's second-larges... […]

  • Tata Steel raises $1.3 billion via bond issue
    on January 19, 2018 at 7:32 am

    Tata Steel has raised $1.3 billion (about Rs 8,300 crore) through issuance of unsecured bonds in two tranches in the international markets to repay overseas debt and improve credit profile of the com... […]

  • Nifty Active Call: Go long on a break above 10,860 with a stop-loss at 10,845
    on January 19, 2018 at 7:19 am

    Nifty 50 Jan Futures (10,839) The Nifty 50 futures contract is trading mixed and volatile over the last couple of days. Though the contract has reversed sharply higher from the intraday low of 10,7... […]

  • Gold futures down at Rs 29,571 per 10 gm
    on January 19, 2018 at 7:14 am

    Gold prices fell Rs 37 to Rs 29,571 per 10 grams at the futures trade as participants trimmed their positions to book profits amid a weak trend overseas. At the Multi Commodity Exchange, gold for ... […]

The Hindu – Business News

  • SAT refuses to lift SEBI ban on Price Waterhouse
    on January 19, 2018 at 9:20 am

    The Securities Appellate Tribunal today refused to grant a stay on the two-year SEBI ban on audit major Price Waterhouse (PW) to undertake new clients. On January 10, the markets watchdog SEBI had ba... […]

  • GST rate cut: Sensex jumps 109 points; Adani Ports soars 4%
    on January 19, 2018 at 9:20 am

    Bank, capital goods stocks steal the show […]

  • European shares steady but set to end the week near 2-1/2 year high
    on January 19, 2018 at 9:20 am

    European shares were little changed in opening deals on Friday as gains among miners following strong economic data from top metals consumer China were offset by a pullback in crude prices. The pan... […]

  • China stocks scale 2-year highs on GDP data
    on January 19, 2018 at 9:07 am

    China stocks ended at fresh two-year highs on Friday, with the Shanghai index posting its fifth straight week of gains, as banks extended their rally and after the country posted its first accelerati... […]

  • Nokia signs its first official 5G equipment deal with NTT DoCoMo
    on January 19, 2018 at 8:57 am

    Finland's Nokia said on Friday it signed its first major deal to supply new 5G wireless radio base stations to Japanese telecom operator NTT DoCoMo, which boasts nearly half of the country's mobile s... […]

  • Dilip Buildcon bags project worth Rs 360 cr
    on January 19, 2018 at 8:54 am

    Dilip Buildcon has bagged a road project worth Rs 360.58 crore in Karnataka from Ircon International Ltd. “The company has received letter of award from Ircon International for an engineering, proc... […]

  • Refund of unspent balance and security deposit to customers: TRAI to RCom
    on January 19, 2018 at 8:53 am

    The Telecom Regulatory Authority of India (TRAI) on Friday has issued a direction for refund of unspent balance of prepaid mobile subscribers and security deposit of the post paid subscribers pursuan... […]

  • Financial stocks push Nikkei up
    on January 19, 2018 at 8:35 am

    Japan's Nikkei share average edged up on Friday with financial stocks leading the gains after US yields rose, while GMO Internet soared after an activist fund called on the company to change its gove... […]

  • Wipro likely to post 0.8-1.4% constant currency revenue growth
    on January 19, 2018 at 8:27 am

    Wipro is expected to post constant currency revenue growth in the range of 0.8-1.4 per cent on a quarterly basis. For India's third largest software exporter, this growth could be somewhere in the mi... […]

  • Gadkari to deliver keynote at BusinessLine’s Budget event
    on January 19, 2018 at 8:21 am

    As the NDA government readies itself to present the last Budget of its five-year tenure, BusinessLine’s CountDown to Union Budget 2018 event will see experts from various sectors talk about their ex... […]

  • Crude oil futures plunge to Rs 4,025 per barrel
    on January 19, 2018 at 8:18 am

    Crude oil futures slipped 1.54 per cent to Rs 4,025 per barrel, in line with a weak trend in Asian trade, as traders cut exposure at existing levels. Crude oil for delivery in January was trading l... […]

  • Look at the positives, we took 20 wickets: Dhoni on poor Test show
    on January 19, 2018 at 8:10 am

    The under-fire Indian Test team today got the backing of former captain Mahendra Singh Dhoni, who said there are quite a few positives to pick despite the drubbing handed out by South Africa—the prom... […]

  • Kotak Mahindra Bank Q3 net profit up 20% at Rs 1,053 cr
    on January 19, 2018 at 7:59 am

    Private sector lender Kotak Mahindra Bank Ltd posted a nearly 20 per cent increase in third-quarter profit on Friday, helped by higher interest and fee income and as bad loans dropped. Net profit ros... […]

  • ITC Q3 profit rises 17%; beats estimates
    on January 19, 2018 at 7:58 am

    ITC Ltd, the country's biggest cigarette maker, posted a 16.8 per cent rise in its third-quarter profit on Friday, helped by a one-time gain. The company, which also makes consumer goods ranging from... […]

  • America is coming back bigger and better: Trump
    on January 19, 2018 at 7:53 am

    America is coming back bigger and better and stronger than ever before, President Donald Trump has said as he highlighted the benefits of the recently passed tax reform bill to the country. Trump vi... […]

  • Tata Motors gears up for its next design wave
    on January 19, 2018 at 7:43 am

    Pratap Bose, Head of Design, says the next 12 to15 years will mark a new phas […]

  • HDFC Bank Q3 net jumps 20% on higher interest, fee income
    on January 19, 2018 at 7:38 am

    HDFC Bank Ltd reported a record high quarterly profit, as an increase in interest and fee incomes as well as a steady non-performing loan ratio boosted the bottom line for the country's second-larges... […]

  • Tata Steel raises $1.3 billion via bond issue
    on January 19, 2018 at 7:32 am

    Tata Steel has raised $1.3 billion (about Rs 8,300 crore) through issuance of unsecured bonds in two tranches in the international markets to repay overseas debt and improve credit profile of the com... […]

  • Nifty Active Call: Go long on a break above 10,860 with a stop-loss at 10,845
    on January 19, 2018 at 7:19 am

    Nifty 50 Jan Futures (10,839) The Nifty 50 futures contract is trading mixed and volatile over the last couple of days. Though the contract has reversed sharply higher from the intraday low of 10,7... […]

  • Gold futures down at Rs 29,571 per 10 gm
    on January 19, 2018 at 7:14 am

    Gold prices fell Rs 37 to Rs 29,571 per 10 grams at the futures trade as participants trimmed their positions to book profits amid a weak trend overseas. At the Multi Commodity Exchange, gold for ... […]