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Sensex and Nifty Indexes Extend Weekly Losses to 2.5% Amid Earnings Growth Worries
Feb 14 The Sensex and Nifty indexes extended weekly losses to over 2% amid persistent outflow of foreign funds and weak earnings growth outlook. ubl senco deepakntr godfryphlp
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Sensex and Nifty Indexes Halt Six-Day Slide After Consumer Price Inflation Slowed
Feb 13 Consumer price inflation eased for the third consecutive month in January, driven by a slowdown in food price inflation. Benchmark indexes rebounded after falling in six previous consecutive sessions after rate cut hopes overshadowed disappointing fiscal third quarter earnings.
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Stock Movers: Godfrey Phillips, Hindalco, Lux Industries, Manappuram Finance, MMTC, SJVN, United Breweries
Feb 14 MMTC extended its recent string of declines in revenue in the latest quarter. Ipca Labs reported a rise in revenue and earnings in the December quarter. Lux Industries reported a sharp jump in quarterly earnings driven by the sustained global demand. hindalco mmtc ipcalab sjvn manappuram
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Stock Movers: Ashok Leyland, Bharat Forge, Diamines and Chemicals, Gopal Snacks, HAL, Morepen, Natco Pharma
Feb 13 Bharat Forge reported a decline in revenue and earnings in the latest quarter. Ashok Leyland said revenue and earnings advanced amid sustained demand for heavy-duty vehicles. bharatforg hal repcohome ashokley natcopharm
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Info Edge Struggles to Turnaround Real Estate Unit
Apr 8 Info Edge reported higher revenue in the March quarter, driven by an increase in its core recruitment solution and real estate division. naukri
- Earnings: TCS, Infosys, HCL Technologies
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Manipal Health Agreed to Acquire Medica Synergie to Tap Rising Demand in Smaller Cities
Apr 8 Manipal Health agreed to acquire Medica Synergie. Two hospital chains, controlled by Singapore-based Temasek, ramp up services in smaller cities across India.
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Aster DM Sells Middle East Business for $1 Billion
Nov 29 Aster DM agreed to sell its business located in the Gulf Cooperation Council to a group controlled by the promoters of the company and a private equity group based in the Middle East. asterdm
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Current Account Deficit Widened In Fiscal First Quarter
Oct 1 India's current account stayed elevated on the persistent deficit in international goods deficit and the sharp decline in international flow of funds for portfolio investment.
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Infrastructure Sector Output Shrank in August
Oct 1 India's infrastructure sector output shrank for the first time in August, highlighting the weakness in production of coal, natural gas, and refined crude.
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Middle East Tensions and Rebound In Crude Oil Prices Weighed On Mumbai Trading
Oct 7 Stocks in Mumbai struggled to advance amid lingering worries of a rebound in crude oil prices contributing to inflation. godrejprop lodha shl canbk mahabank
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European Indexes Trim Early Gains Amid Rate Path Anxieties and Growth Worries
Aug 12 European market indexes struggled to advance after a week of wild gyrations in global markets. Hannover Re and Munch Re reported better-than-expected financial results.
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