Business Line – Markets

  • With SEBI raising bar for MFs, more underperformers may emerge
    on January 22, 2018 at 5:56 pm

    Benchmarking with total returns index will affect large-cap funds the most […]

  • New Budget date turning lucky?
    on January 22, 2018 at 5:10 pm

    Nifty 50 gains 4% this year till date ahead of Budget day; last year the index scored 6.6% […]

  • Asked to resign from IAS, Kaushik declines SEBI job
    on January 22, 2018 at 5:09 pm

    Chooses to become Principal Secretary of Kerala […]

  • Apollo Micro Systems makes stellar debut
    on January 22, 2018 at 5:05 pm

    Stock soars 60% on Day 1 […]

  • Rupee hovers above a key support
    on January 22, 2018 at 4:59 pm

    A break below 64 can lead to renewed weakness in the currency […]

  • Delta Corp (₹350.2)
    on January 22, 2018 at 4:58 pm

    The outlook for the stock of Delta Corp is bullish. The stock surged 4 per cent on Monday breaking above a key near-term resistance levels of ₹337 and ₹342. It also made a new high of ₹351.95 and ha... […]

  • Broker's call
    on January 22, 2018 at 4:55 pm

    Reliance SecuritiesMajesco (Buy)CMP: ₹560.1Target: ₹667Majesco Ltd’s stock rose by 3.9 per cent and 5.37 per cent on Friday and Monday respectively. The company reported strong 2QFY18 results on the r... […]

  • L&T Tech, CG Consumer, NIIT results
    on January 22, 2018 at 4:41 pm

    Tuesday will see a host of companies including Crompton Greaves Consumer, Can Fin Homes, Edelweiss Financial, Hester Biosciences, Indiabulls Real Estate, Indiabulls Housing, L&T Technologies, NI... […]

  • Alembic, Savita Oil: Eyes on buyback meet
    on January 22, 2018 at 4:37 pm

    Shares of Alembic will remain in focus on Tuesday, as its board meets to consider December quarter results and a proposal to buy back its shares. The board of Savita Oil Technologies too will meet on... […]

  • 8K Miles: Promoter pares stake
    on January 22, 2018 at 4:23 pm

    The stock of 8K Miles Software Services may remain under pressure, as one of the promoters - RS Ramani, sold stake in the company. According to bulk deal data with the NSE, Ramani sold about 6.82 la... […]

  • Om Metals Infraprojects secures settlement with Riya Garments
    on January 22, 2018 at 4:22 pm

    Om Metals Infraprojects on Monday informed the exchanges that its associate company Om Metals Infotech Pvt Ltd has secured a compromise/settlement with Riya Garments. The latter has agreed to withdraw... […]

  • Mercator forms subsidiary
    on January 22, 2018 at 4:21 pm

    Mercator has informed the exchanges that it has incorporated a wholly-owned subsidiary Mercator Oceantransport Ltd in India. The move is aimed at taking forward the business restructuring plans of the... […]

  • US FDA completes inspection of Shilpa Medicare Raichur units
    on January 22, 2018 at 4:19 pm

    Shilpa Medicare has informed the exchanges that the US FDA has completed inspection of the company’s API Unit-I and Unit-II at Raichur, Karnataka, between January 16 and 19. The FDA concluded the insp... […]

  • Immediate outlook unclear for MCX Aluminium
    on January 22, 2018 at 4:07 pm

    The aluminium futures contract on the Multi Commodity Exchange (MCX) was volatile in the past week. The contract fell to a low of ₹139 per kg initially on Tuesday last week and then reversed sharply ... […]

  • Mixed trend in soyabean,oil
    on January 22, 2018 at 4:06 pm

    Despite strong global cues, decline in buying support at higher rates arrested the uptrend in soya oil with soya refined being quoted at ₹730-35 for 10 kg (down ₹10 from last week) , while soya solv... […]

  • Quality woes pound turmeric
    on January 22, 2018 at 4:04 pm

    Spot turmeric prices decreased at Erode markets on the arrival of medium quality produce. “On Monday, finger turmeric lost ₹200-1,000 a quintal. Only 150 bags of new Number Eight variety arrived for... […]

  • Cardamom retains aroma at auctions
    on January 22, 2018 at 4:04 pm

    Small cardamom prices showed a steady trend at the auctions held in Kerala and Tamil Nadu.At the Cardamom Planters Association (CPA auction held in Bodinayakannur on Monday, of the 33 tonnes arrived 3... […]

  • Imported pepper pulls down prices
    on January 22, 2018 at 4:04 pm

    Selling of imported pepper at prices below ₹400 a kg has pushed the spot prices further down on Monday. Trade sources told Business Line that Indian owned company in Vietnam has reportedly sold Vie... […]

  • Buyer resistance saps rubber
    on January 22, 2018 at 3:59 pm

    Spot rubber fell further . RSS-4 weakened to ₹126.50 from ₹127 and ₹127.50 a kg respectively, according to traders and the Rubber Board. The grade declined to ₹123.50 (124.50) on buyer resistance. F... […]

  • Edible oil turns firm
    on January 22, 2018 at 3:59 pm

    The undercurrent in edible oils market turned firm tracking a rebound in Malaysian palm oil and Chicago soya oil futures. During the day about 500 tonnes of palmolein and little quantity of Soyabean... […]

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