Apple Q2 results: Apple sales inch higher despite coronavirus but CEO Tim Cook sees uncertain future
Apple slowly reopened Chinese stores, with all running again by mid-March. from Markets-Economic Times https://ift.tt/35lM7TY Read More
Visa Q2 results: Profit rises 4%, pulls annual outlook amid virus outbreak
For the second quarter, the company's total payments volume rose 5% to $2.14 trillion, on a constant dollar basis. from Markets-Econom...Read More
Amazon Q1 results: Profit falls as pandemic-related costs rise
Bezos said he expects the company to spend $4 billion “and perhaps a bit more” in the second quarter. from Markets-Economic Times https://...Read More
HC restrains ICRA from downgrading the rating of ECL Finance till May 4
On Monday, the court has recorded the statement from both the parties. from Markets-Economic Times https://ift.tt/2SrCCxz Read More
Reliance Retail’s Q4 pre-tax profit jumps 33% to Rs 2,556 crore
Posts record grocery sales in Mar, higher even than Diwali month. from Markets-Economic Times https://ift.tt/2y6Kk9t Read More
Rights issue, FB deal to address RIL’s high debt concerns: Sharekhan
Abhijeet Bora, senior analyst at Sharekhan says right issue to help with balance sheet deleveraging. from Markets-Economic Times https://i...Read More
Oil rises again as output cuts kick in, inventories grow less than expected
Brent rose 12% on Thursday and rose about 11% in April, but the international benchmark has sagged around 60% this year on the coronavirus i...Read More
RIL announces India’s biggest rights issue, says more FB-like deals soon
RIL made the announcements after its board meeting, which considered its earnings and recommended a divided of Rs 6.50 per share of Rs 10 fo...Read More
Delhi HC stays interim relief for Indiabulls on NCD payouts
The ruling effectively means that borrowers will no longer be able to unilaterally defer payments to mutual funds. from Markets-Economic T...Read More
Medium term prospects good, rerating of RIL stock imminent: Naveen Kulkarni
The CIO of Axis Securities says with the rights issue, the big debt overhang is over. from Markets-Economic Times https://ift.tt/3d5f8pL Read More
HC defers plea against MCX for negative price settlement
The courts are prioritising cases on the basis of urgency amid severe constraints posed by the Covid-19 outbreak. from Markets-Economic Ti...Read More
Agri-input sector may bounce back faster on government action
The government’s focus on opening up farms despite the lockdown has led to demand for seeds, fertilisers and pesticides. from Markets-Econ...Read More
All payments via cards can now be contact-free
The Reserve Bank of India has given the green signal to the country’s payment networks — Visa, Mastercard and NPCI — to allow tap-and-go fun...Read More
Volatility in input costs & currency to continue for HUL
The consumer market growth slowed with deceleration in discretionary and rural expenditure. from Markets-Economic Times https://ift.tt/2Wa...Read More
Mukesh Ambani to forgo salary, hydrocarbons staff face 10% cut
Salaries of those earning less than Rs 15 lakh a year in the hydrocarbons business have been left unchanged. from Markets-Economic Times h...Read More
Rebound spurs rollover of April bets to May series
Market-wide rollovers at 88 per cent were largely in line with last month. from Markets-Economic Times https://ift.tt/35iD3iW Read More
RIL promoters show commitment to make it debt-free
All that cash would flow into the RIL balance sheet over the course of FY21. from Markets-Economic Times https://ift.tt/2y8eCbU Read More
Stocks jump more than 3%, April’s gain best since May 2009
The benchmark indices have rebounded almost 30 per cent from their lows on March 24. from Markets-Economic Times https://ift.tt/2xmQbH5 Read More
Is stock market open today?
The MSCI's broadest index of Asia-Pacific shares has gained about 8.5% this month. from Markets-Economic Times https://ift.tt/2Yjl3Dz ...Read More
Reduce Hexaware Technologies, target price Rs 260: Kotak Institutional Equities
Hexaware's belief of net beneficiary in the vendor consolidation exercise will be tested in the current environment, said from Markets...Read More
Buy Hindalco Industries, target price Rs 153: Antique Stock Broking
Aluminium LME spot prices are seen recovering and leverage levels would remain comfortable post the Aleris acquisition. from Markets-Econo...Read More
Wall Street caps best month in decades with broad sell-off
While risk-off selling pulled all three major U.S. stock averages into the red, the S&P 500 and the Dow posted their largest monthly per...Read More
Facebook Q1 results: Firm sees 'signs of stability' in ad spending after coronavirus drop
Revenue growth was 18% in the first quarter, Facebook's slowest ever by a wide margin, although it beat analysts' expectations for g...Read More
Palm oil rises on stronger crude prices ahead of exports data
Stronger crude oil futures make palm a more attractive option for biodiesel feedstock. from Markets-Economic Times https://ift.tt/3bT6FGa ...Read More
Gold eases as virus treatment hopes lift risk sentiment
Gold tends to benefit from widespread stimulus measures as it is often seen as a hedge against inflation and currency debasement. from Mar...Read More
Stocks rally on treatment hopes, currencies await ECB
Anthony Fauci, the top U.S. infectious disease official, said Gilead's antiviral remdesivir will become the standard of care for COVID-1...Read More
MCX hikes crude margins as risk of negative pricing looms
Additionally, a 50 per cent margin will be levied on other crude futures contracts and on sellers of calls and put options. from Markets-E...Read More
Oil prices rise on early signs of slowing US glut build
"There are increasing signals that perhaps the worst is behind us," said Lachlan Shaw, head of commodity research at National Aust...Read More
Buy Max Financial Services, target price Rs 590: Edelweiss
The brokerage has assigned a 10 per cent discount to our 12 months’ fair target multiple of 2.9 times FY22E P/EV as its take on the odds of ...Read More
Brokerages cut target price on Axis Bank
Phillip Capital has also downgraded the stock to ‘neutral’, with a target price of Rs 500. from Markets-Economic Times https://ift.tt/3f0s...Read More
HUL’s net may rise 17% in Q4 despite weak revenue forecast
HUL is likely to post 3-4 per cent volume growth with revenue growth of 2-3 per cent. from Markets-Economic Times https://ift.tt/35gdsXG Read More
Insurers not to cancel fire hazard coverage
“Properties of such policyholders shall be deemed to be covered subject to the policy being in force,” it said. from Markets-Economic Time...Read More
Board Meetings Today: RIL, HUL, TechM, Just Dial and Laurus Labs
There are corporate actions that often bring material changes to a company, directly affecting stakeholders. from Markets-Economic Times h...Read More
SGX Nifty up 25 points; what changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 24 points or 0.25 per cent lower at 9,701.75, indicating a positive start for Dalal Street. ...Read More
Buy Whirlpool of India, target price Rs 2,250: Jayesh Bhanushali
The analyst suggested a stoploss at Rs 1900 . from Markets-Economic Times https://ift.tt/3f2OcsD Read More
View: Franklin, we do give a damn
Sebi’s role has been primarily in the form of disclosure-based regulation, which requires listed securities to reveal all associated risks. ...Read More
Buy Balkrishna Industries, target price Rs 1,000: Jayesh Bhanushali
The analyst suggested a stoploss at Rs 935 . from Markets-Economic Times https://ift.tt/2KQSXY9 Read More
FPIs cut holdings in banks during Q4
FPIs have lowered stakes in nine out of the 11Bank Nifty constituents in the March quarter over the previous quarter. from Markets-Economi...Read More
Buy AstraZeneca Pharma, target price Rs 3,300: Jayesh Bhanushali
The analyst suggested a stoploss at Rs 2850 . from Markets-Economic Times https://ift.tt/2KJJX78 Read More
Credit risk funds lose a fifth of their assets in just 3 days
Credit risk funds yielded significantly higher returns than normal debt funds. from Markets-Economic Times https://ift.tt/3cZKkql Read More
India faces downgrade by Moody’s, change in outlook to negative by Fitch: Nomura
Nomura said India’s Achilles heel remains its parlous state of fiscal affairs. from Markets-Economic Times https://ift.tt/3f1mpIV Read More
India Inc wants the sum of its parts to be 'China Plus One'
India imports merchandise worth around $70 billion from China annually, largely in sectors like consumer durables, auto components, pharma a...Read More
RBI may raise promoter holding cap in private banks
Some private sector banks have sought a relaxation in licensing norms. from Markets-Economic Times https://ift.tt/2VOoosF Read More
Investors can track 5 key events to make healthy return to Street
When growth is difficult to achieve, investors scout for dividend-paying companies. from Markets-Economic Times https://ift.tt/2YdOW8i Read More
Wall Street rallies on promising coronavirus drug
All are well within 20% of their record levels, with the tech-heavy Nasdaq now within 10% of its high. from Markets-Economic Times https:/...Read More
Add Jubilant Foodworks, target price Rs 1,600: ICICI Securities
Higher work from-home adaptability could be a strong structural tailwind. The brokerage says there are tough near-term conditions that could...Read More
Trending stocks: National Fertilizers stock price gains over 2%
Shares of National Fertilizers Ltd. traded 2.58 per cent up in trade at 10:04AM on Wednesday . from Markets-Economic Times https://ift.tt...Read More
Trending stocks: Ludlow Jute share price surges over 10%
Shares of traded 10.07 per cent up in trade at 10:01AM on Wednesday . from Markets-Economic Times https://ift.tt/2KO49op Read More
Trending stocks: Axis Bank shares slip over 4% in early session
Shares of Axis Bank Ltd. traded 4.49 per cent down in trade at 09:55AM on Wednesday . from Markets-Economic Times https://ift.tt/2YgT3R4 Read More
Fire covers now face termination hazard
The association has appealed for the intervention of Irdai in advising insurance companies to desist from cancelling policy contracts on the...Read More
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