Markets may slide further as BJP misses majority mark in Karnataka Markets may slide further as BJP misses majority mark in Karnataka Karan Dsij / Wednesday, May 16, 2018 / Article rating: 5.0 Indian markets are likely to make a pessimistic start tracking weak global cues. The sentiments may remain dampened as the US treasury yield on the 10-year benchmark surged to its highest level since 2011, which indicates a more hawkish Federal Reserve going ahead with rate hikes and that would not go down well with the emerging markets.
Sun Pharma stock continues decline on falling sales figure Sun Pharma stock continues decline on falling sales figure Nikita Singh / Tuesday, May 15, 2018 / Article rating: 3.7 The share price of pharmaceutical major Sun Pharma plunged by over 7 per cent during the previous week on the back of declining sales of its key specialty products and speculation about price erosion.
Simple rules to enhance your MF investments Simple rules to enhance your MF investments Nikhil Desai / Tuesday, May 15, 2018 / Article rating: 5.0 Every investor wants his investment to outperform. The mutual fund arena is well-known for steady returns in the longer term. But it too needs some diligence and planning to achieve maximum returns.
Mutual Fund Unlocked: New Fund offer (NFO) Mutual Fund Unlocked: New Fund offer (NFO) Nikhil Desai / Tuesday, May 15, 2018 / Article rating: 5.0 A new fund offer (NFO) is the first time offer for subscription from newly launched fund. The new fund offers are launched to raise the capital in respect to buy the shares or securities or bonds for the fund from the market. These offerings work similarly to IPOs.
Suven Lifesciences posts strong result Suven Lifesciences posts strong result Rohan Takalkar / Tuesday, May 15, 2018 / Article rating: 4.0 Suven Lifesciences reported strong result with good numbers across the board. The core manufacturing business witnessed robust growth aiding better top-line growth.
Lupin delivers net loss on back of one-time impairment loss Lupin delivers net loss on back of one-time impairment loss Nidhi Jani / Tuesday, May 15, 2018 / Article rating: 5.0 The loss after exceptional item for Q4FY18 came in at Rs. 783.54 crore as against a net profit of Rs. 380 crore in the corresponding quarter last year.
Indian Hume Pipe slumps after cancellation of work order Indian Hume Pipe slumps after cancellation of work order Tanay Loya / Tuesday, May 15, 2018 / Article rating: 4.5 Indian Hume Pipe slipped over 4 per cent on Tuesday after the company received cancellation of LoA from Madhya Pradesh Jal Nigam Maryadit.
PNC Infratech receives early completion bonus PNC Infratech receives early completion bonus Amir Shaikh / Tuesday, May 15, 2018 / Article rating: 4.5 PNC Infratech is involved in execution of infrastructure projects including highways, bridges, flyovers, power transmission lines, airport runways, industrial area development and other infrastructure activities.
Poll result excites market, Sensex misses 36,000 Poll result excites market, Sensex misses 36,000 Bhagyashree Vivarekar / Tuesday, May 15, 2018 / Article rating: No rating It was a roller-coaster day for the Indian stock markets in the lieu of the Karnataka assembly election results. Expecting a win for BJP, the Indian benchmark indices witnessed a dynamic impulse, however retreated from their psychological levels of 10950 and 36000 for Nifty and Sensex respectively, to close flat.
Snowman Logistics reports rise in revenue, dip in profit Snowman Logistics reports rise in revenue, dip in profit Gayathri Udyawar / Tuesday, May 15, 2018 / Article rating: 4.0 Leading cold chain logistics company reported mixed numbers for Q4FY18 on Tuesday. Reacting to the news, the stock dipped more than 5 per cent during the day.