Monday, 18 April 2016

Infy helps D-St get out of crude rut; Top 7 takeaways from TCS' March quarter earnings

ET Market

ET Markets Daily Brief | Mon, Apr 18, 2016 | 05:49 PM IST

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IT's shining bright: 7 takeaways from TCS' March quarter earnings
IT giant TCS beat Dalal Street estimates with its Q4 earnings on Monday, reporting a sequential growth of 5% in net profit while rupee revenue grew 4%.

Nifty50 forms 'Hanging Man' pattern, may have found an intermediate top
The Nifty50 on Monday formed a 'Hanging Man' kind of pattern on the daily candlestick charts, as it sank after a strong opening and then bounced back towards its intraday high of 7,920.60.

Here's what happened on Dalal Street all through Monday
If you are reading this, chances are Sensex and Nifty are part of your daily life, and actions on Dalal Street can make or mar your day. Hence this effort to keep you up to date on LIVE market.

Interview One to One
Expect pressure on demand, on spending from this pricing pressure diminishes and that allows the Indian economy to co...
Marie Diron , Senior Vice President, Sovereign Risk Group, Moody's Investors Service
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Market Watch 18 Apr | 05:49PM|
SENSEX NIFTY USD/INR GOLD
25816.36
189.61
7914.70
64.25
66.55
-0.09
29120.00
161.00
Gainers Losers 18 Apr, 2016, 05:49PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
MSP Steel & Power Ltd. 12.54 20.00 18820 12.54 10.78
Ruby Mills Ltd. 367.90 19.99 53296 367.90 310.50
Bharati Defence and Infrastructure Ltd. 23.15 19.95 26112 23.15 19.70
Tweet of the day...
FROM THE NEWSPAPER
Sugar stocks gain up to 82%, D-St says long-awaited turnaround here
In the first 3 months of the year, stocks of sugar producers have soared up to 82% on the back of declining global production and rising global prices.

PSU bank stocks set to weaken again, but that may be an opportunity to buy
With the earnings season kicking off and not much expected of the banks in terms of quarterly performance. Moody's & Assocham have bad news for the sector.

10 stocks that made money while you licked your wounds in FY16
The BSE Sensex plummeted about 10% making investors poorer by Rs 15 lakh crore in the fiscal year 2016, making it one of the most volatile in living memory.

Growth slows for Indian IT firms, but don't give up; they are still the best
New competition are providing a lot of challenges to the domestic IT and many are ready to ditch the sector as it can no longer deliver growth in EPS.

Tata Steel reaches out to 190 potential financial and industrial investors for the sale of its UK business
Tata Steel started sale process of UK operations last Monday, giving up on efforts to turn around the business it bought as part of the takeover of Corus in 2007.

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