2008 stock market crash

Here are the stocks that are in news today:Results Today: IL&FS Engineering, Vadilal Industries, Reliance Communications, Tata Teleservices and Vaishno Cement Company are among the companies that will announce their quarterly numbers on November 15.Bharti Airtel: Q2 net loss at Rs 23,044.9 crore versus profit of Rs 118.8 crore, revenue rises 5% to Rs 21,131.3 crore versus Rs 20,147.8 crore YoY.Close Union Bank of India: Q2 net loss of Rs 1,193.6 crore against a profit of Rs 139 crore, NII up 16.6% to Rs 2,905.9 crore versus Rs 2,493.1 crore YoY. related news Omaxe Q2 profit falls 61% to Rs 4.25 crore Infosys back in the green after 3-day losing streak; share price up 3% Vodafone Idea: Net loss for the September quarter widened to Rs 50,921.9 crore from Rs 4,873.9 in the previous quarter.Dish TV: Q2 consolidated loss at Rs 91.4 crore versus profit of Rs 25.5 crore, revenue down 44% to Rs 893.2 crore versus Rs 1,594.3 crore YoY.Apollo Hospitals: The company reported a … [Read more...] about Stocks in the news: Bharti Airtel, ONGC, Vodafone Idea, Dish TV, Page Industries, Suzlon, SBI, Glenmark, CESC

The Nifty50 is expected to open higher on Friday tracking mixed trend in other Asian markets as investor sentiment remained fragile following weak data from China and Germany.Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 31 points gain or 0.26 percent. The Nifty futures were trading around 11,919-level on the Singaporean Exchange.The S&P BSE Sensex rose 170 points to 40,286 while the Nifty50 closed 31 points higher at 11,872 on Thursday.Close The Indian rupee on Thursday clocked its first gain after five sessions, closing 13 paise higher at 71.96 against the US dollar in line with domestic equities. related news What changed for the market while you were sleeping? Top 12 things to know Early on D-Street: Dip below 11,800-11,839 can be used to short Nifty with target of 11,700 Bharti Airtel expresses doubt over continuing operations as 'going concern' On the institutional front, FPIs were net sellers as they pull out Rs 562 cr from … [Read more...] about Market Headstart: Nifty50 seen opening higher; Bharti Airtel, ONGC eyed

The Sensex has been zooming—it was at a near-record high of 40,749 on November 8—but the Midcap index is still 20 percent low from its best performance of 18,321 on January 9, 2018.But midcap is where the action is, say experts. In October 2019, the Nifty Midcap-100 was up 4.9 percent, compared to the Nifty’s rise of 3.5 percent. The Nifty Midcap100 P/E ratio has corrected from 19.8x in Oct’18 to 17.9x currently.Midcaps now trade at 5 percent discount to largecaps, says experts and select stocks could well turn out to be wealth creators in the next five years.Close “In valuation terms, the broader market excluding Nifty (stocks) is more attractive than the Nifty universe. In any recovery of the financial cycle, while major large caps lead the rally, it is the better valued mid and smallcaps that give higher returns in the longer time horizon,” Rahul Jain, Head, Edelweiss Personal Wealth Advisory told Moneycontrol. related news What changed … [Read more...] about Do you have risk appetite? These 11 midcaps can potentially double by 2024

Telecom major Bharti Airtel share prices were up over a percent in the morning trade on November 15. The company posted a massive loss of Rs 23,044.9 crore in Q2FY20, dented by exceptional loss for license fee and spectrum usage charge (SUC) especially after unfavourable verdict from Supreme Court on adjusted gross revenue (AGR) dues.It reported a loss of Rs 2,866 crore in the June quarter and a profit of Rs 118.8 crore in the year-ago period. An exceptional loss for the quarter stood at Rs 30,711 crore against Rs 144.9 crore in June quarter, the company said."Exceptional charge during the quarter ended September 30, 2019 was Rs 22,394.4 crore (net of tax) which comprises of a charge on account of license fee and SUC of Rs 16,815 crore and Rs 11,635 crore respectively; accelerated depreciation on 3G network equipment / operating costs on network re-farming and up-gradation program, incremental provision mainly pertaining to customary indemnities to a clutch of investors of Airtel … [Read more...] about Bharti Airtel share price gains despite dismal Q2 numbers; UBS retains buy

Shares of Cadila Healthcare gained 3 percent intraday on November 14, as global brokerage houses remained bullish on the stock, seeing more than 20 percent potential upside after Q2 earnings.CLSA has a buy call on the stock with a target price of Rs 285, a 27 percent potential upside from current levels, as valuations are attractive, considering long-term prospects.Profit was a miss due to a large impairment charge. Hence, the brokerage cut FY20 EPS estimates to build in the impairment charge and cut FY21-22 EPS estimates by 5 percent.Close It concerns about Moraiya have played out and even a small positive surprise could drive re-rating. related news Bharti Airtel share price gains despite dismal Q2 numbers; UBS retains buy SBI share price rises 2% on stake sale approval in SBI Cards Cipla share price falls nearly 3% after USFDA inspection Macquarie also retained an outperform rating and said it would buy the stock if it were to fall. The brokerage, however, … [Read more...] about Brokerages remain bullish, Cadila Healthcare share price up 3%