Page 10 - Divi Lab News Today

In today’s edition of Moneycontrol Pro Panorama: China looks to dominate rare-earth magnet technology, a bleak outlook for metal prices, RBIs subtle hint at policy change, Indian airlines ready to soar this summer, and more

An improvement in gross margins is on the cards over the next three to four quarters

Divis Labs Q4 earnings missed estimates but reflected improvement on a sequential basis.

Equity benchmark indices BSE Sensex and NSE Nifty started Friday on a positive note after three consecutive days of losses

Sensex and Nifty started on a tepid note on Friday ahead of the April consumer inflation and March IIP data, slated to be released today.

The 30-share BSE Sensex pack fell 259 points or 0.42 per cent to trade at 61,645, while the broader NSE Nifty moved 64 points or 0.35 per cent down to trade at 18,233. On the global front, most Asian shares traded lower tracking an overnight fall in a majority of US stocks.

Saurab Mukherjea talks about top sectoral bets and market outlook. What all investors need to realize is that good companies always give conservative guidance. Whereas bad companies give aggressive guidance on results and then disappoint later on.

BSE Sensex rose 169.87 points, or 0.28 per cent, to settle at 60,300.58. NSE's Nifty50 gained 44.35 points, or 0.25 per cent, to close at 17,813.60 for the day.

The 30-share BSE Sensex pack slipped 108 points or 0.18 per cent to trade at 59,619, while the broader NSE Nifty moved 22 points or 0.12 per cent down to trade at 17,639. However, mid- and small-cap shares were up as Nifty Midcap 100 rose 0.34 per cent and small-cap gained 0.38 per cent.

The 30-share BSE Sensex climbed 125 points or 0.21 per cent to trade at 60,283, while the broader NSE Nifty moved 51 points or 0.29 per cent higher to trade at 17,773. Mid- and small-cap shares were up as Nifty Midcap 100 rose 0.21 per cent and small-cap gained 0.24 per cent.