Markets At Record Highs: Right Time For Profit Taking?

The BSE Sensex and Nifty have hovered around their record highs in the last two weeks. The Sensex is well above 30,000 levels while the broader Nifty closed above 9,500 levels for the first time ever in May. The surge in Sensex and Nifty was on the back of gains in heavyweight shares such as ITC, TCS, ICICI Bank, Reliance Industries, Bharti Airtel More...

by Loknath Das | Published 2 months ago
By Loknath Das On Tuesday, May 23rd, 2017
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Idea Cellular Tanks Over 8% On Reporting Second Straight Quarter Of Loss

New Delhi: Shares of Aditya Birla group company Idea Cellular tumbled over 8 per cent after the company reported a consolidated loss of Rs. 325.6 crore in the three months to March 2017. The stock tanked 8.28 per More...

By Loknath Das On Friday, May 19th, 2017
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Piramal Enterprises Surges Over 13%, Hits 52-Week High On Q4 Earnings

Shares of Ajay Piramal led Piramal Enterprises Ltd surged as much as 13.48 per cent to hit fresh 52-week high of Rs. 2,949.90 on the National Stock Exchange after the Mumbai-based healthcare and financial services More...

By Loknath Das On Thursday, May 18th, 2017
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Piramal Enterprises Surges Over 13%, Hits 52-Week High On Q4 Earnings

Shares of Ajay Piramal led Piramal Enterprises Ltd surged as much as 13.48 per cent to hit fresh 52-week high of Rs. 2,949.90 on the National Stock Exchange after the Mumbai-based healthcare and financial services More...

By Loknath Das On Saturday, May 13th, 2017
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Stuck with these laggards? 10 stocks which slipped up to 66% in 2017

The S&P BSE Sensex rallied over 13 percent so far in 2017 while there are close to 400 stocks across categories which have given negative returns in the same period. For simplification, we have collated a list More...

By Loknath Das On Wednesday, May 10th, 2017
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Why Bharti Airtel Shares Surged 10% Despite Jio Impact On Q4

Bharti Airtel shares rallied as much as 10.18 per cent to hit an intraday high of Rs. 380, a day after the company reported that its African business turned profitable. Analysts said Wednesday’s rise in Airtel’s More...

By Loknath Das On Monday, May 8th, 2017
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Tata Communications Shares Slump 11% On Reporting Loss In Q4

Tata Communications shares fell as much as 11 per cent to hit an intraday low of Rs. 695.80 on Friday, a day after the telecom company reported a loss of Rs. 209 crore for the fourth quarter ended March 31, 2017. More...

By subhadip On Monday, January 9th, 2017
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Portugal seeks new bond investors, Novo Banco options open: finance minister

Portugal hopes to broaden the investor base for its debt this year, its finance minister said on Monday, predicting the country’s depressed bond market would revive as an economic recovery extended through More...

By subhadip On Monday, January 9th, 2017
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Oil down 3 percent on concerns over rising Iraqi exports, U.S. output

Oil prices tumbled by 3 percent on Monday on concern that record Iraqi crude exports and rising U.S. output would undermine OPEC’s efforts to curb global oversupply. U.S. crude futures CLc1 were trading at More...

By subhadip On Monday, January 9th, 2017
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Banks, oil stocks weigh on Wall St., keep Dow from 20,000

The Dow Jones Industrial Average declined on Monday, retreating from the historic 20,000 mark, weighed down by banks and energy companies, while a gain in technology stocks kept the Nasdaq afloat. Of its 30 components, More...