NEW DELHI: Nifty futures on the Singapore Exchange traded 78.50 points, or 0.64 per cent, lower at 12,194, indicating a gap down start for Dalal Street. Here are a few stocks which may buzz the most in today’s trade: HDFC, DRL and United Spirits: HDFC, Dr Reddy's Laboratories (DRL), United Spirits, InterGlobe Aviation, PTC India Financial Services, Wockhardt, Torrent Pharma and TTK Prestige are some of the companies which will report their December quarter earnings today. ICICI Bank: The private lender reported an over two-fold rise in its consolidated net profit at Rs 4,670 crore for the December quarter, helped largely by the Essar Steel recovery and a jump in its core income. Cipla: Pharmaceutical firm Cipla said the US Food and Drug Administration has completed inspection of its Bengaluru-based manufacturing unit with four observations. NTPC: State-run power giant NTPC is unlikely to conclude its about Rs 10,000-crore acquisition deal to buy government's stake in THDC … [Read more...] about Stocks in the news: HDFC, Dr Reddy’s Labs, ICICI Bank, JSW Steel and Cipla
Some time early this century, the PLR was replaced by BPLR or benchmark PLR, which was supposed to factor in the actual cost of funds, operating expenses and regulatory requirements, provision for bad loans as well as profit margin. … [Read more...] about Why don’t banks pass on rate cut benefits to customers?
NEW DELHI: Consumer Durables shares were trading higher in Monday's session. Shares of VIP Industries (up 1.13 per cent) , TTK Prestige (up 0.89 per cent) , Rajesh Exports (up 0.83 per cent) , CROMPTON (up 0.78 per cent) , Whirlpool of India (up 0.31 per cent) , PC Jeweller (up 0.22 per cent) and Blue Star (up 0.11 per cent) were among the top gainers. The S&P BSE Consumer Durables index was trading 0.21 per cent up at 26407.43 around 11:32 am. Benchmark NSE Nifty50 index was down 58.95 points at 12189.3 , while the BSE Sensex was down 194.11 points at 41,419.08. Among the 50 stocks in the Nifty index, 15 were trading in the green, while 35 were in the red. Shares of Vodafone Idea, YES Bank, Bank of Baroda, ICICI Bank, Adani Enterpr., BHEL, SAIL, Tata Motors and JSPL were among the most traded shares on the NSE. … [Read more...] about Share market update: Consumer Durables shares trade higher; VIP Industries up 1%
NEW DELHI: The S&P BSE Capital Goods index was flat in Monday's afternoon session. Shares of Carborundum Universal (up 2.35 per cent) , Grindwell Norton (up 1.78 per cent) , Honeywell Automation India (up 1.52 per cent) , ABB India Ltd (up 1.49 per cent) , Bharat Electronics (up 1.18 per cent) , Solar Industries India (up 1.06 per cent) , Finolex Cables (up 0.98 per cent) , SKF India (up 0.83 per cent) , Thermax (up 0.78 per cent) , AIA Engineering (up 0.64 per cent) and V-Guard Industries (up 0.33 per cent) were among the top gainers. While Graphite India (down 1.68 per cent) , HEG (down 1.36 per cent) , Bharat Heavy Electricals (down 1.11 per cent) , Sadbhav Engineering (down 0.71 per cent) , Havells India (down 0.57 per cent) , Siemens (down 0.56 per cent) , Lakshmi Machine Works (down 0.47 per cent) , Hindustan Aeronautics (down 0.32 per cent) , Larsen & Toubro (down 0.26 per cent) and Kalpataru Power Transmission (down 0.01 per cent) were the top losers in the index. … [Read more...] about Share market update: BSE Capital Goods index flat; Graphite India dips 2%
NEW DELHI: Media shares were trading on a mixed note in Monday's afternoon session. Shares of Zee Media Corporation Ltd (up 4.76 per cent), Music Broadcast (up 3.42 per cent), TV Today Network (up 2.55 per cent), Balaji Telefilms (up 1.78 per cent), Inox Leisure (up 1.51 per cent), PVR (up 0.7 per cent) and TV18 Broadcast (up 0.38 per cent) were among the top gainers. While Network 18 Fincap (down 1.63 per cent), Hathway Cable & Datacom (down 1 per cent), Zee Entertainment (down 0.8 per cent), Saregama India (down 0.78 per cent), Dish TV India (down 0.7 per cent), Sun TV Network (down 0.31 per cent) and DB Corp (down 0.18 per cent) were the top losers in the index. The Nifty Media index was trading 0.07 per cent up at 1891.2 around 11:44 am. Benchmark NSE Nifty50 index was down 60 points at 12188.25 , while the BSE Sensex was down 186.64 points at 41,426.55. Among the 50 stocks in the Nifty index, 15 were trading in the green, while 35 were in the red. Shares of … [Read more...] about Share market update: Media shares mixed; Zee Media jumps 5%