Cyient#39;s revenue stood at $149.2 million, down 3.9/9.7 percent QoQ/YoY against HDFC Securities#39; estimates of $153 million, while constant currency revenue degrowth was 3.7 percent QoQ.

Buying was seen in the pharma, FMCG, energy, IT and infra space, while selling was seen in the auto, bank and metal sectors.

All credit goes to three back-to-back deals that took place in Jio Platforms, the 100 percent subsidiary of Reliance Industries

Claims payable could be higher, settlement process smoother for policyholders

Not all such tests will be covered by your health insurance

The NHA, which implements the national health insurance scheme, said this will strengthen the country#39;s response to the novel coronavirus pandemic.

To support customers during this time where their car/bike will not be in use, Acko General Insurance, a new age online insurance provider, has decided to not charge insurance for one month

State-owned Punjab National Bank (PNB) will retain stake in two life insurance ventures as the lender has got permission from Insurance Regulatory and Development Authority of India (IRDAI).

Having an emergency corpus and a health cover is critical

Consumers can reach out to their preferred retailers via Tecno#39;s website and enter their PIN code details. The microsite with a store locator will assist in mapping the retailer and the contact details, and the device will be delivered to their doorsteps by their nearest retailer, the company added.

About a third of the school year has been sacrificed to the pandemic. Consider that a year of U.S. public education costs about $400 billion. That implies that about $133 billion may be needed to make up for lost instructional time

Tanishq said it has rolled out a gold standard safety e-book that reiterates the company#39;s commitment to safety and well-being of customers and its employees at the store.

The e-token is sent on mobile phones of registered people. The new system was introduced on Thursday in the wake of long queues outside liquor vends and people not following social distancing norms there.

Here are the answers to some of the key questions you may have about the government’s borrowing programme and how it affects various stakeholders.

The new e-token system allows only 50 people to take the token per hour

The moves reflect the reality that no one is sure how the coronavirus pandemic will evolve. But even after the coronavirus no longer requires it, working from home is likely to retain a significant presence in corporate life

The company#39;s consolidated net profit stood at Rs 146.7 crore in the quarter ended March 31, 2019.

The minister also exhorted industry players to look into the possibilities of setting up clusters of leather, plastic, chemical and other products along the greenfield highway that is expected to cut down the travel time between Delhi and Mumbai to just 12 hours.

Experts largely expect the month of May to be a consolidation period though stock specific action could continue due to March quarter earnings.

There could be some knee-jerk reactions on May 4 over weak global cues amid fears of another US-China trade war.

With support from FII and DIIs, benchmark indices gained nearly 8 percent each last week. Both rallied over 14 percent in April.

Vikas Jain of Reliance Securities said the rights issue would enable shareholders to increase the holdings at a lower price compared to Thursday#39;s closing of Rs 1,467 per share.

Investors lost more than Rs 5 lakh crore of wealth in today#39;s trade so far.

Reliance Industries in its BSE filing on May 4 said Silver Lake would invest Rs 5,655.75 crore into Jio Platforms for over a 1 percent equity stake.

Laurus reported a strong set of results for Q4FY2020 with PAT at Rs 109.6 crore, growing 154 percent YoY and slightly ahead of Sharekhan#39;s estimates.

Brokerages have a positive view on the stock with a target price of Rs 41 (upside potential of 74.5 percent) in medium to long term.

On the front of earnings, the company is expected to see a contraction in sales and EBITDA margin for FY21 but FY22 may be the year of revival.

The Nifty Auto Index has corrected by about 21 percent in the past two months, compared to an18 percent decline in the Nifty.

For many, the recent rise in the equity market was bewildering as almost all indicators of the domestic economy had been showing signs of acute distress due to COVID-19.

Motilal Oswal reiterated IOC as its top pick, with a target price of Rs 168, valuing the company at 1.2x FY22 PBV.

As far as May is concerned, HDFC Securities feels more Q4 earnings disappointments are likely to strain market during the month.

By investing in more than one asset category, you#39;ll reduce the risk of losing money and your portfolio#39;s overall investment returns will have a smoother ride.

In the last week the Indian rupee ended lower by 45 paise at 75.55 on May 8 against its April 30 closing of 75.10.

The broader market outperformed, as the SP BSE Midcap index rose 1.4 percent higher, while the SP BSE Smallcap index was up 1.7 percent.

The Nifty Bank rose more than 1,200 points or 6.6 percent led by gains in Axis Bank, ICICI Bank, IDFC First Bank, Bandhan Bank and Federal Bank.

Top Nifty50 gainers include Sun Pharma, HDFC Bank, Infosys and Tata Motors.

The Nifty formed a bearish candle on the daily charts.

Sectorally, the action was seen in the Energy, Auto, FMCG, Oil Gas, Bankex, and Consumer Durable space while profit-taking was visible in realty, and capital goods, stocks.

The BSE Midcap index was down by 1.7 percent, while the Smallcap index fell 1.4 percent.

The Nifty formed a Gravestone Doji pattern on the daily charts.

Sectorally, the action was seen in BSE Finance index, which was up 3.5 percent, followed by the Bankex that closed 2.9 percent higher.

All eyes will be on the FOMC outcome later in the day, say experts. But, the strong rally on D-Street has set the tone for the Nifty to reclaim 9,600 and possibly head towards 10,000.

Reports of successful trials of a COVID-19 vaccine also influenced the mood of the market.

Investors lose nearly 6 lakh cr in a single trading session. The average market capitalisation of the BSE-listed companies fell from Rs 129.41 lakh cr recorded on April 30 to Rs 123.69 lakh cr on May 4.

"The abrupt end of the recovery has certainly caught the participants completely off-guard," said Ajit Mishra, VP - Research, Religare Broking.

Profit booking hit D-Street at higher levels as concerns over muted earnings, impact of extended lockdown and rising COVID-19 cases weighed on sentiment.

Volatility is likely to continue in the near term and the immediate resistance for the Nifty stays at 9,450 levels.

A break above 9,350 will open doors for 9,450–9,533 and a breach of 9,100 shall see the Nifty resuming a downswing with an initial target of 8,900.

Feed provided by Moneycontrol.

New or higher taxes are justified only when the economy is booming, the former finance minister said, dubbing the imposition of taxes as "cruel".