Latest news from Financialexpress.com - Markets feed

Latest news from Financialexpress.com - Markets feed

  1. Crude Below $50 as OPEC Disappoints With ‘Safe Bet’ Extension

    05.25 / 16:09 financialexpress.com Financialexpress.com - Markets
    Oil weakened after OPEC and its allies agreed to extend output cuts for another nine months, disappointing investors who had hoped for more. The post Crude Below $50 as OPEC Disappoints With ‘Safe Bet’ Extension appeared first on The Financial …
  2. Jain Irrigation shares soar over 12% after Q4 earnings

    05.25 / 14:20 financialexpress.com Financialexpress.com - Markets
    Shares of Jain Irrigation Systems today soared over 12 per cent after the company posted a 24 per cent jump in consolidated net profit during the fourth quarter of 2016-17. The post Jain Irrigation shares soar over 12% after Q4 earnings appeared first on The Financial …
  3. Cipla Q4 net loss narrows to Rs 61.79 cr

    05.25 / 13:01 financialexpress.com Financialexpress.com - Markets
    The company had posted a net loss of Rs 92.83 crore for the corresponding period of the previous fiscal. The post Cipla Q4 net loss narrows to Rs 61.79 cr appeared first on The Financial …
  4. 17 stocks close at their 52-week high today as NSE reclaims 9,500

    05.25 / 11:52 financialexpress.com Financialexpress.com - Markets
    The BSE Sensex closed at new peak of 30,750.03 by jumping 448.39 pts, while NSE Nifty surged 149.20 points to settle at 9,509.75. The post 17 stocks close at their 52-week high today as NSE reclaims 9,500 appeared first on The Financial …
  5. Gold stays strong on global cues, jewellers’ buying

    05.25 / 11:15 financialexpress.com Financialexpress.com - Markets
    Rising for the second straight day, gold prices gained Rs 50 to Rs 29,150 per 10 grams at the bullion market today on firm trend overseas and sustained buying by local jewellers. Silver also recovered by Rs 350 to Rs 39,950 per kg, backed by increased offtake by industrial units and coin makers. The post Gold stays strong on global cues, jewellers’ buying appeared first on The Financial…
  6. Sensex soars 450 points to new all-time high; from global markets to earnings, here are 5 reasons

    05.25 / 11:15 financialexpress.com Financialexpress.com - Markets
    Buoyant global markets and robust corporate outlook lifted Indian stock markets on Thursday with benchmark Sensex rising to make a new all-time high, just shy of 30,800 points. The post Sensex soars 450 points to new all-time high; from global markets to earnings, here are 5 reasons appeared first on The Financial …
  7. Bosch Q4 net profit down 10.22% at Rs 440.47 crore

    05.25 / 09:57 financialexpress.com Financialexpress.com - Markets
    Auto component maker Bosch Ltd today reported 10.22 per cent decline in standalone net profit at Rs 440.47 crore for the fourth quarter ended March, on account of higher tax expenses. The post Bosch Q4 net profit down 10.22% at Rs 440.47 crore appeared first on The Financial …
  8. Raymond shares see huge selling; tank 10% on land deal concerns

    05.25 / 09:19 financialexpress.com Financialexpress.com - Markets
    Shares of Raymond came under massive selling pressure today, plunging nearly 10 per cent in early trading session after proxy advisory firm IiAS warned that a proposed real estate deal will result a loss of over Rs 650 crore for the company and its shareholders. The post Raymond shares see huge selling; tank 10% on land deal concerns appeared first on The Financial …
  9. Buoyant banks lift European shares back towards 21-month highs

    05.25 / 09:19 financialexpress.com Financialexpress.com - Markets
    European shares clung on to gains in early deals on Thursday helped by firmer banking shares and as corporate deals activity, after French aero firms Safran and Zodiac finally striking a deal, continued apace. Shares in BPER Banca, BBVA and Banco Santander were among the top banking risers, all up more than 1 percent. The post Buoyant banks lift European shares back towards 21-month highs appeared first on The Financial …
  10. Edelweiss maintains ‘Hold’ rating at revised TP of Rs 1,220 on Lupin post its Q4 results

    05.25 / 09:19 financialexpress.com Financialexpress.com - Markets
    Lupin posted a 49.61 per cent decline in consolidated net profit to Rs 380.21 crore for the fourth quarter ended March as compared to net profit of Rs 747.88 crore in the corresponding quarter of previous fiscal. The post Edelweiss maintains ‘Hold’ rating at revised TP of Rs 1,220 on Lupin post its Q4 results appeared first on The Financial …
  11. Hong Kong stocks at fresh 22-month high despite Moody’s downgrade

    05.25 / 09:19 financialexpress.com Financialexpress.com - Markets
    Hong Kong shares followed Asian markets higher on Thursday, even after Moody's downgraded Hong Kong's local and foreign currency issuer ratings shortly after cutting China's ratings on Wednesday. The post Hong Kong stocks at fresh 22-month high despite Moody’s downgrade appeared first on The Financial …
  12. South Korean stocks hit all-time highs, won jumps

    05.25 / 09:19 financialexpress.com Financialexpress.com - Markets
    South Korean shares rallied on Thursday for a fifth session to finish at an all-time high, supported by positive comments from the Bank of Korea on the economy and offshore stock purchases. Offshore investors bought a net 118.3 billion won ($106.01 million) worth of KOSPI shares for the day. The post South Korean stocks hit all-time highs, won jumps appeared first on The Financial …
  13. PSP Projects to make stock market debut on Monday

    05.25 / 08:37 financialexpress.com Financialexpress.com - Markets
    Construction firm PSP Projects will make its stock market debut on Monday after successfully completing its initial public offering last week. The company's IPO was oversubscribed 8.58 times, with the qualified institutional buyers (QIBs) portion getting oversubscribed 8.38 times, non-institutional investors 10.39 times and retail investors portion 6.47 times. The post PSP Projects to make stock market debut on Monday appeared first on The Financial …
  14. Dish TV shares fall over 15% post Q4 results, Edelweiss keeps ‘Buy’ rating with a TP of Rs 116

    05.25 / 08:37 financialexpress.com Financialexpress.com - Markets
    DishTV shares dipped over 15 per cent after the company posted a consolidated net loss of Rs 28.33 crore for the fourth quarter ended March 31 as against Rs 482.77 crore in January-March a year ago. The post Dish TV shares fall over 15% post Q4 results, Edelweiss keeps ‘Buy’ rating with a TP of Rs 116 appeared first on The Financial …
  15. Japanese Government Bonds slip, yield curve steepens after 40-year sale

    05.25 / 07:53 financialexpress.com Financialexpress.com - Markets
    Japanese government bonds slipped on Thursday, with the yield curve steepening as superlong bonds sold off after an uninspiring 40-year auction. The 10-year cash JGB yield added half a basis point to 0.050 percent, while 10-year JGB futures edged up 0.02 point to finish at 150.56. The post Japanese Government Bonds slip, yield curve steepens after 40-year sale appeared first on The Financial …
  16. China’s blue-chips have best day in 21 months, aided by MSCI inclusion hopes

    05.25 / 07:53 financialexpress.com Financialexpress.com - Markets
    China stocks rebounded sharply on Thursday, as the blue-chip CSI300 index posted its best day in 21 months amid growing hopes that global index provider MSCI Inc will add mainland shares to its benchmark next month. Investors appear to have shrugged off Moody's downgrade of China's credit rating. The post China’s blue-chips have best day in 21 months, aided by MSCI inclusion hopes appeared first on The Financial …
  17. Lupin shares continue to fall; tank nearly 8%

    05.25 / 07:53 financialexpress.com Financialexpress.com - Markets
    Shares of drug firm Lupin today plunged nearly 8 per cent after the company reported over 49 per cent dip in consolidated net profit for the fourth quarter ended March. The stock after making a weak opening, further slumped 7.65 per cent to hit its one year low of Rs 1,133.70 on BSE. The post Lupin shares continue to fall; tank nearly 8% appeared first on The Financial …
  18. Aussie stocks up on boost from financials, materials; New Zealand climb

    05.25 / 07:53 financialexpress.com Financialexpress.com - Markets
    Australian shares closed higher on Thursday as financial and material firms supported a market that has been subdued over the past two days. BHP Billiton, an index heavyweight, advanced 1.2 percent as oil and copper prices rose. Other mining companies also gained, lifting the metals index 1.3 percent. The post Aussie stocks up on boost from financials, materials; New Zealand climb appeared first on The Financial …
  19. Asian currencies rise on Fed minutes; yuan shoots to two-month high

    05.25 / 07:53 financialexpress.com Financialexpress.com - Markets
    Asian currencies were firm on Thursday after the minutes of the US Federal Reserve's last meeting showed policymakers favouring a gradual approach to interest rate hikes, with the yuan hitting two-month highs on state-driven dollar selling. The post Asian currencies rise on Fed minutes; yuan shoots to two-month high appeared first on The Financial …
  20. Sensex, Nifty track Asian peers higher; Infosys leads

    05.25 / 07:11 financialexpress.com Financialexpress.com - Markets
    Indian shares rose on Thursday tracking Asian markets that hit two-year highs after the US Federal Reserve signalled a more cautious approach to future rate hikes, but the sentiment was subdued ahead of the expiry of monthly derivative contracts. The post Sensex, Nifty track Asian peers higher; Infosys leads appeared first on The Financial …