Page 17 - Divi Lab News Today

LIVE BLOG Nifty forms bearish candle on daily chart. What does it signal for tomorrows trade? Profit booking at all-time high levels pushed benchmark indices lower as they snapped the three-day winning run on Friday. IT stocks saw intense selling while banks also contributed to the fall. Broader market indices ended higher outperforming their headline peers. The 30-share pack Sensex declined 18.79 points or 0.04 per cent to close at 53,140.06. Its broader peer NSE Nifty dipped 0.80 points or 0...

LIVE BLOG Economic Times | 13 Jul, 2021 | 07.57PM IST Nifty forms a small bullish candle on daily chart. What does it signal for tomorrows trade? Gains in banking and auto stocks lifted Sensex and Nifty today as a lesser-than-expected rise in June retail inflation helped put stimulus pullback worries at ease amid a rally in global stocks. HDFC, ICICI Bank, Sun Pharma, NTPC and Axis Bank were among the top Nifty gainers. Adani Ports and HCL Tech dropped 1% each. The Nifty realty index was up 0....

The third interesting theme we participated in nearly a decade ago was the real estate rental yield play, particularly in the commercial real estate space. Over the last few years, large PE investors have invested billions of dollars in Indian commercial real estate as they were attracted to high rental yields of 8-9 per cent, a trend that we identified and accordingly participated in a Mumbai-based listed company – NESCO. Over the last ten years, the real estate index (largely dominated by h...

At 3:1, advances-declines ratio indicates broad-based buying

Sensex and Nifty gain amid buying interest seen in telecom and energy stocks. IT and auto scrips witness selling pressure. RIL and ICICI Bank contributing most to index gains. Divis Lab, ITC and Hindalco among top Nifty50 gainers. M&M, Tata Motors and IndusInd Bank among top bluechip laggards.

The company reported a 24.4 per cent rise in its standalone net profit to Rs 487.93 crore for the quarter ended March 31, 2021, on account of robust sales. Profit in the year-ago period stood at Rs 391.80 crore.

The Hyderabad-based drugmakers total revenues in the quarter rose 20 per cent on-year to Rs 1,741 crore, which was slightly above analysts estimates.

  Benchmark indices were trading in the red on Tuesday afternoon, dragged by IT and financials. The Market, after starting off on a negative note in early trade, plunged further amid weak global cues and concerns over Covid impact. However, it recovered marginally on domestic funds support. At 1 pm, the BSE Sensex was ruling at 49,168.93, down 333.48 points or 0.67 per cent. It hit an intra-day high of 49,304.47 and an intra-day low of 48,988.18. The Nifty 50 was at 14,858.15 , down 84.20 poin...

Why is Nifty50 behaving as if Covid 2.0 has never happened? SECTIONS Share Synopsis Market data suggests while foreign investors have been dancing to the tune of ‘Sell in May and go away’ when it comes to Indian equities, domestic institutional investors have been sticking their neck out and lapping up those shares. iStock Market data suggests while foreign investors have been dancing to the tune of ‘Sell in May and go away’ when it comes to Indian equities. Related Some called Mr Marke...

It is baffling to see how the market has been resilient enough to ignore any negative news. I guess investors have learnt that even if you have 3 months (of lockdown) like we did last year in April, May and June when the economy contracted by 25%, leading market franchises can come back very strongly. During the last 7-8 months of FY21, we saw investee companies of ours such as Asian Paints, Pidilite, Divi’s Lab, Dr Lal Path Labs, Relaxo, HDFC Bank, Kotak Mahindra Bank and Bajaj Finance posti...