Search Results for: Kotak Securities

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Sensex, Nifty end May on bullish note; Q4 GDP data, May auto volume sales to influence trading on Thursday

May was an action-packed month for stock markets, with GST rates, external data and Q4 results lifting benchmark indices Sensex and Nifty to record highs. India's GDP grew at 6.1 percent for the March quarter.

May 31, 2017

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After Interglobe Aviation and Jet Airways, all eyes now on SpiceJet Q4 results

Jet Airways reported 95 percent fall in net profit for Q4 while Indigo-owner Interglobe Aviation's bottom line dropped 25 percent; SpiceJet's results are due on June 3.

May 31, 2017

SEBI proposes tighter rules for offshore derivatives

SEBI's plan would be the latest stringent action against controversial products created by banks to track Indian derivatives, shares and debt products and then sold to overseas investors.

May 30, 2017

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Tech Mahindra shares witness steepest fall in 9 years; stock crashes 17% over weak Q4 results; Sensex, Nifty rebound

On Monday, IT services company Tech Mahindra saw its shares plummet 17 percent after it reported dismal Q4 results the previous week.

May 29, 2017

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Low bank deposit rates push retail investors to liquid funds

In 2016-17, retail portion of AUMs of liquid funds rose 42 percent to Rs 5,800 crore from Rs 4,100 crore in the preceding fiscal, says Cafemutual.

May 27, 2017

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India's foreign exchange reserves hit historic high at $379 billion

As of May 19, 2017, India's foreign exchange reserves stood at $379.3 billion, buoyed by dollar inflows from foreign portfolio investors (FPIs).

May 27, 2017

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Sensex, Nifty end in the red; Tata Motors, GAIL buck the trend, close with gains

With many brokerages recommending a "buy," Tata Motors is the top gainer on BSE, rises 5 percent in intraday high; GAIL (India), Adani Ports also gain.

May 24, 2017

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Sun Pharma, Kotak Mahindra Bank, CRISIL, GAIL buzzing stocks on BSE

CRISIL, Kotak Mahindra Bank, GAIL and Sun Pharma are top-trending stocks on the BSE; Taro reported 26 percent fall sales and 28 percent drop in net profit for Q4.

May 23, 2017

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SpiceJet, Jet Airways, SBI, Bank of India, Bank of Baroda, Piramal, Fortis among top losers on BSE; ITC top gainer

Aviation stocks such as SpiceJet, Interglobe and Jet Airways drop due to rising crude oil prices; Fortis, SBI, other PSU banks fall on profit-booking; ITC spurts 6 percent.

May 22, 2017

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Market outlook: Stocks to watch out for after announcement of GST rates

The impact of tax rates announced by the GST Council for most goods (except gold and some items) and services will be reflected on Monday trading.

May 20, 2017

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GST Council exempts healthcare, education from taxes; next meeting on June 3

On the second day of the GST Council meeting headed by finance minister Arun Jaitley, it was decided to exempt education and healthcare from taxes.

May 19, 2017

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Hudco lists at 22% premium to issue price

The Hudco IPO was oversubscribed 79 times; the share listed at Rs 73.45 on the BSE.

May 19, 2017

JSW Steel Q4 net profit rises three-fold, revenues up 60%

For the fourth quarter (Q4) ended March 2017, JSW Steel's standalone net profit stood at Rs 1,003 crore and total income at Rs 16,952 crore.

May 17, 2017

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Tata Steel leads Sensex rally, up 8% after upbeat Q4 results

Fourth quarter (Q4) profit before exceptional item rose sharply to Rs. 3,352 crore, revenues were up 30 percent on higher output and pricing for Tata Steel, triggering a rally in share price.