Index trend and stocks in action May 16, 2018
Index trend and stocks in action May 16, 2018

Index trend and stocks in action May 16, 2018

Karan Dsij Article rating: 5.0

A follow-through weakness and a close below the Monday’s session low (10,774) would signal a reversal in the market. In that case, we could see correction up to the levels of 10,690-10,650. Stocks in news: DLF, Shree Pushkar Chemicals and Fertilisers, Syngene International, MCX, Wockhardt, EPC Industries, Reliance Communications, Cyient and Tata Steel.

Markets may slide further as BJP misses majority mark in Karnataka
Markets may slide further as BJP misses majority mark in Karnataka

Markets may slide further as BJP misses majority mark in Karnataka

Karan Dsij 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

Sun Pharma stock continues decline on falling sales figure

Nikita Singh 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

Simple rules to enhance your MF investments

Nikhil Desai 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)

Mutual Fund Unlocked: New Fund offer (NFO)

Nikhil Desai 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

Suven Lifesciences posts strong result

Rohan Takalkar 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.

PNC Infratech receives early completion bonus
PNC Infratech receives early completion bonus

PNC Infratech receives early completion bonus

Amir Shaikh 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

Poll result excites market, Sensex misses 36,000

Bhagyashree Vivarekar 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. 

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