Russia's war on Ukraine has sent steel prices soaring to its highest levels in the domestic market since November 2021. But there is little cheer in the industry. That's because input costs are spiralling out of control, leaving the big boys nearly as high and dry as the small, medium and secondary steel producers. Russia and Ukraine are major providers of steel and raw materials to the world.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
Markets ended weak tracking the expiry of April derivative contracts.
Robust same store sales, margin growth mark June quarter.
In the broader market, the S&P BSE Midcap added over 1% to finish at record closing high
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
The S&P BSE Sensex has gained 149 points to open at 25,802.
RBI Governor Raghuram Rajan has noted the contradiction.
Sensex ends in green on boost from bluechip stocks.
Analysts predict TCS's outlook to be stable.
Sustained selling pressure in the market saw the index slide to a low of 10,064 - down 121 points from the peak.
The COVID-19 pandemic has not only affected outpatient services, but also led to deferment of elective surgeries, and resulted in the loss of medical tourism, all of which would hit the FY21 financials.
From new and competitively-priced iPhones to slashing prices of its older models, it had a multi-pronged strategy.
FMCG CEOs indicate that the market should stabilise post the general elections and that some growth should make its way back especially in rural areas
Broader market underperformed with the BSE Midcap and the BSE Smallcap indices losing up to 0.2%
The rupee's strength has had an overall negative effect on merchandise trade
Markets end in green with auto, banks on a steady climb.
Despite a slowing economy, the Budget does not envisage any major stimulus through the budgeted fiscal deficit figures, said Goldman Sachs.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Auto stocks are weighing on the indices.
Price cuts post the November GST rate rationalisation helped improve volume growth for HUL, what pegged back sales for ITC is adverse social media rumours against Aashirvaad atta, its single-largest FMCG brand.
Garware Polyesters had the ware for a solid rise Friday following the company's recording an over four-fold rise in net profit.
Tata Power found its counter attracting buyers today after it scored a swell 129% jump in profitability for Q4.
RCF was burdened by the heavy losses it recorded for FY 2002-03, plummeting 9.54% to Rs 22.75\n\n
Gillette had a brush with gains in early trades on Friday after lowering losses for the fourth quarter and recording a net profit for the full year.
Twitter's user base grew by only five million in 2015.
Bharti Enterprises Group CFO Sarvjit S Dhillon said there is more clarity on the regulatory front now, which is a good sign for the industry.
Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most
Bata India witnessed slight recovery on Tuesday after the company announced improvement in profit margins for Q4 on the back of a cost-cutting exercise.
March was the first full quarter for Infosys under its new CEO Salil Parekh.
As the second wave of the Covid-19 pandemic abates, India's automakers are hopeful of a quick recovery in sales volumes, led by better rural sentiment, low interest rates, improved availability of finance and a gradual uptick in business and economic activity. In fact, companies have started to ramp up production already, encouraged by high order books and the growing preference for private transport in both rural and urban areas as a means to avoid infections. In early April, the industry had been bullish as the sales trend for March showed that the effects of the Covid-19 pandemic had been left behind. The total vehicle sales had grown by 77 per cent, albeit on a lower base, and for the past few months, sales had consistently touched 300,000 units per month.
Investors accumulated quality stocks at valuable and attractive levels.
Experts believe cyclical glitches account for the downturn in mobile-phone sales
Sensex eneded 374 points higher on rate cut expectation from the RBI.
Strong passenger growth will help domestic airlines improve their top line and margins.
It's earnings from mobile gadgets dropped 64%
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
The US and Europe are key markets for the over $ 140 billion Indian outsourcing sector.
