“The world has changed for the airlines and I don’t know how it’s changed,” said ace investor Warren Buffett at the annual general meeting of Berkshire Hathaway last Saturday, after his company sold all their holdings in four of the largest airlines in April.

Share Market News Today | Sensex, Nifty, Share Prices Highlights: As many as 19 stocks out of 30 Sensex stocks ended in negative territory with SBI (State Bank of India) as top Sensex loser, down 4.64 per cent.

United Breweries share price fell the most as much as 6 per cent to Rs 912, while United Spirits shares were down 4.5 per cent to Rs 517.30

For subscriptions to liquid and overnight schemes, the regulator has revised the time to 12.30 pm, while the same for other schemes is 1 pm.

Nifty is approaching its support zone of 9100-9000 levels, however, any violation of this will cause further weakness towards 8800 levels

Following the two-day fall in equities, the market capitalisation of BSE-listed companies plunged by Rs 6,98,419.77 crore to Rs 1,22,43,201.05 crore.

Share Market News Today | Sensex, Nifty, Share Prices LIVE: As many as 21 stocks out 30 Sensex scrips finished trade in positive territory with M&M as the top gainer, up 5.27 per cent, followed by Bajaj Finance, HDFC Bank and ICICI Bank.

Hindustan Petroleum Corporation (HPCL) share price declined 13 per cent to Rs 186.70 apiece on the BSE.

The market regulator also directed the entities to pay 10 per cent interest along with the offer price to shareholders who were holding shares at the time when the company violated the Sebi norms.

The rally in Sensex and Nifty was supported by buying in financial counters with HDFC Bank, HDFC, ICICI Bank and Bajaj Finance as top index contributors

Petrol will cost Rs 73.91 per litre while diesel will be available at Rs 63.86 per litre in the state, finance minister Suresh Khanna told reporters after the Cabinet meeting here.

Share Market News Today | Sensex, Nifty, Share Prices Highlights: ONGC was the top laggard on BSE Sensex, with a fall of 4.54 per cent. NTPC, Kotak Mahindra Bank, Bharti Airtel and Titan were other losers on the Sensex pack

Yes Bank shares jumped 20 per cent to hit upper circuit at Rs 31.60 apiece on BSE in otherwise weak trade on Thursday. Bank reported a net profit of Rs 2,629 crore for the quarter ended on March 31.

Reliance Industries share price extended gains in the late afternoon trade on Thursday, jumping over 2%, while headline index Sensex mostly traded in red, even as RIL denied the buzz about talks with Microsoft for further investment in its telecom arm Jio.

If history is any guide, adversity offers maximum value. The global financial crisis in 2008 culminated in the index being up nearly 100% in 2009.

Franklin Templeton shifted part of the blame for the recent winding down of six of its debt mutual funds on to capital markets regulator Securities and Exchange Board of India.

Among one of the companies that ended up in Rakesh Jhunjhunwala’s shopping cart during the January-March quarter was another Tata Group company -- Rallis India.

In the wake of Franklin Templeton wounding up six of its debt mutual fund schemes, India’s largest mutual fund distributors body has urged the Reserve Bank of India to set up a SPV to buy portfolios from troubled fund houses and pay off investors.

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Out of 30 Sensex stocks, 16 scrips finished trade in red with NTPC as top laggard, down 4 per cent, followed by M&M, Axis Bank, IndusInd Bank and State Bank of India (SBI)

In the morning session, BSE Sensex reclaimed 32,000-mark while Nifty 50 was trading near its crucial 9,400. These five stocks in action today

On MCX, gold June futures were trading Rs 153 or 0.33 per cent down at Rs 46,008 per 10 grams. Silver July futures were ruling at Rs 43,265 per kg, up Rs 142 or 0.33 per cent.

Market regulator SEBI, late Thursday night advised Franklin Templeton to focus on returning investor’s money after the fund house decided to wound up six of its debt mutual fund schemes.

Reliance Industries controlled by Mukesh Ambani, Asia’s richest person, is in discussions with banks for a potential sale of its 4.9% stake in Asian Paints Ltd. through a series of block trades.

HCL Technologies posted strong March quarter numbers with revenue increasing by 16% on-year basis and PAT jumping 22.7% in the same time period. The stock has surged 27% from recent lows and is now down just 10% year-to-date.

Among pharma stocks, the top stock picks of CLSA are Sun Pharma, Cipla, Aurobindo Pharma and Cadila Healthcare, recommending a 'buy' rating on them

Hindustan Unilever share price jumped 4% on Friday to trade at Rs 2,070 per share on the NSE Nifty-50 after a bulk deal that saw French multinational investment bank and financial services company, Societe Generale buy 1,29,00,000 shares.

The National Stock Exchange’s subsidiary NSE IFSC and the Bombay Stock Exchange’s India INX on Friday launched trading in the Indian Rupee-US Dollar Futures & Options contact.

Last month, the fund house had closed six of its debt funds, citing redemption pressures and lack of liquidity in the bond markets. 

Cash flows will be tight and they may also experience delay in the investment cycle, but this is a temporary phase, says Bhaskar Majumdar, managing partner, Unicorn India Ventures (UIV), a Mumbai-based fund house.

FY21/22e EPS lowered by 22-33/9-13%; softer LNG prices a positive; GUJGA and MGL are to be preferred.

There’s absence of catalysts to narrow holdco and conglomerate discount that has risen of late; ‘Hold’ retained with TP of Rs 550.

Margins expected to fall in CY20e; downgraded to ‘Add’ with reduced TP of Rs 330

The lockdown has stalled the rollout of the latest handsets. On the brighter side, popular brands will witness pent-up demand once the lockdown is lifted. Here are some of the smartphones slated to hit the market soon.

The department of telecommunications (DoT) is understood to have turned down the offer of Vodafone Idea to furnish a corporate guarantee instead of a bank guarantee to cover its deferred spectrum installment for the current fiscal.

A sharp slowdown in the motor business and lower interest rates will put pressure on ICICI Lombard’s FY21E performance.

Small cardamom exports to Saudi Arabia are likely to increase during the current Ramadan season with the Saudi authorities agreeing to accept the globally accepted Codex Food Standards of the United Nations.

Amazon on Monday said the company is seeing demand for various kinds of smart devices and other products like electrical appliances, clothes and work from home enablers in the orange and green zones.

Credit risk funds have seen assets decline by nearly Rs 19,000 crore in April as investors rushed to redeem their money after the closure of six debt schemes by Franklin Templeton Mutual Fund, data showed.

The decision was taken after the state agriculture department approached the Central Institute of Cotton Research (CICR), Nagpur, seeking advice against the backdrop of the Covid-19 pandemic affecting the country.

The Tamil Nadu government has announced relaxations allowing industries, particularly export units, to resume operations with standard operating procedure as suggested by the Union government.

With an eye at coronavirus as an opportunity, to put its idle plants to work, state-run Bhel has offered its manufacturing facilities to be used by global manufacturing firms looking to shift base.

According to an official source, CCI had purchased more than 13 lakh bales in 2008 as that year too, cotton prices had nosedived due to the global recession.

Extension of lockdown in India, albeit with some major relaxations, fails to enthuse investors.

Marico's Q4FY20 was expectedly weak on topline but margin beat (lower RM & A&P) drove a positive earning surprise.

Over 200 companies in Pune’s industrial belt of Chakan, Talegaon, Kurkumb, Baramati and Ranjangaon have resumed operations after restrictions were eased on Monday, even as the lockdown continues.

Hobbled by a shortage of workers, companies are finding it hard to resume operations at an optimal scale and with migrants moving back home, it could be a while before factories hum with activity.

With BSNL facing hurdles in its 4G tender for deployment of 50,000 new sites, the state-run firm has decided to upgrade existing 2G/3G sites, so that 4G services can be offered to customers in the coming four-six months.

It said Axis Bank identified that more than 10% of its customers (25% of its loan book by value) as on April 25 availed the payment moratorium.

Significantly, this was the latest twist in the long battle over the will of Late Priyamvada Devi Birla being fought between the Birla family and the Lodhas.

The Covid-19 pandemic is expected to exert downward pressure on the credit quality of sugar mills by eroding operating profitability and shoring up debt in fiscal 2021.