Markets may open negative, Karnataka poll outcome to set the direction
Markets may open negative, Karnataka poll outcome to set the direction

Markets may open negative, Karnataka poll outcome to set the direction

Karan Dsij Article rating: 5.0

Indian benchmark indices are expected to open with modest losses as the cues from the Asian peers are mostly soft. In a very important and significant cabinet reshuffle, Smriti Irani was moved out of the I&B ministry and Rajyavardhan Rathore will take charge of the I&B ministry, while Piyush Goyal will take additional charge of the Ministry of Finance till Arun Jaitley recovers from his illness. Market participants will wait for the outcome of Karnataka assembly elections as it will dictate the movement of the market. 

Blue Star reports 36 per cent YoY growth in PAT
Blue Star reports 36 per cent YoY growth in PAT

Blue Star reports 36 per cent YoY growth in PAT

Amir Shaikh Article rating: 5.0

The PAT for the quarter came in at Rs. 51.76 crore, an increase of 36 per cent YoY. This was due to a one-time gain of Rs 5.27 crore during the quarter. 

Praj Industries breaches prolonged consolidation ahead of Q4 results
Praj Industries breaches prolonged consolidation ahead of Q4 results

Praj Industries breaches prolonged consolidation ahead of Q4 results

Bhagyashree Vivarekar Article rating: 5.0

Praj Industries surged as much as 6.16 per cent from the previous close with 4.73 times volume spurt. The stock of Praj Industries gave a resistance breakout on closing basis on Monday. This may be ahead of the corporate results which the company is likely to announce on May 16.

Gujarat Gas zooms in Q4, stock surges with volume spurt
Gujarat Gas zooms in Q4, stock surges with volume spurt

Gujarat Gas zooms in Q4, stock surges with volume spurt

Bhagyashree Vivarekar Article rating: 5.0

Gujarat Gas opened on a positive note and surged more than 5.5 per cent with 8.68 times volume spurt post Q4 in the last week. Stock rested its Descending Triangle pattern breakout at 860 levels on Monday supported by volume spurt and 14-period RSI giving multiple point downward sloping trendline breakout.

The Rise of B15
The Rise of B15

The Rise of B15

Shashikant Singh Article rating: 4.0

Slowly and steadily B15 cities are making their presence felt in as their share in the mutual fund asset base is growing in India.

Sun TV soars as profit spikes up 23 per cent
Sun TV soars as profit spikes up 23 per cent

Sun TV soars as profit spikes up 23 per cent

Tanay Loya Article rating: 5.0

Sun TV Network posted Rs. 289.76 crore as Net profit, an increase of 22.82 per cent for the year ending 31st March, 2018 as against Rs. 235.91 crore during the same quarter of the preceding year.


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