Stock market update: IT shares dip; HCL Tech slips nearly 2%
The Nifty IT index was trading 0.8 per cent down at 16,225.7 .
Asian stocks bounce as investors welcome China virus response
The MSCI index of Asia-Pacific shares outside Japan rose 0.71 per cent, recoupi...
Share market update: IOC, PFC among top losers on BSE
In the Nifty pack, 28 stocks were in the green, while 22 stocks were in the red.
Share market update: NHPC, Vodafone Idea among top gainers on BSE
Among the 50 components in the Nifty index, 36 shares were trading in the green, while 14 were in the red.
Jefferies maintains buy on Federal Bank, target price Rs 120
The tough macro made its presence felt in the bank’s third quarter.
Phillip Capital maintains neutral rating on Hindustan Zinc, target price Rs 215
For the second consecutive year, the company failed to deliver the annual production guidance.
CLSA has buy on GAIL India, target price Rs 180
Any plans of unbundling gas transmission may be positive in the short term as the demerged valuation may be much higher than implied by its current stock price.
ICICIdirect maintains hold on Cyient, revises target price to Rs 510
Growth challenge in the largest vertical A&D, weakness in top five accounts, investments impacting margins were key drags for Q3.
On the menu at China virus market: rats and live wolf pups
The Huanan Seafood Market in the central city of Wuhan came under greater scrutiny on Wednesday as Chinese officials said that the virus which has so far killed nine people and infected hundreds may have originated in a wild animal sold at the food emporium.
IndiaMart spikes 14% as Q3 profit more than doubles
The total revenue of the company edged higher to Rs 181 crore from Rs 147 core.
CAA-NRC fallout in K'taka: People decline to share details
People in parts of Karnataka have declined to share personal information with officials visiting households in connection with government programmes, suspecting them to be gathering data for NRC following the enactment of the new Citizenship Act, state officials said.
Fund house indulging in NAV management?
That’s what some rivals think going by the activity in some of its top midand small-cap stock holdings.
Hyundai expects auto recovery in H2, aims to grow its share
Hyundai’s sales contracted 7.2% to about half a million vehicles in 2019. Sales could remain muted in the first quarter of 2020 as India transitions to stricter emission norms, but demand will likely recover in the second half, the company said.
Buzzing stocks: Vodafone Idea, YES Bank, RIL, Kotak Bank
RIL (Rs 256.34 crore) was leading the pack of most active stocks in value terms.
India’s painful double whammy spreads to other emerging markets
An analysis of 30 major emerging economies shows half of them slowing or stagnating in 2020.
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