Indiabulls Housing Finance Ltd. is India’s third largest housing finance company. Get great deals on (IBHFL) ncd bonds and ipo.
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Indiabulls Housing Finance Ltd. is India’s third largest housing finance company. Get great deals on (IBHFL) ncd bonds and ipo.
Get all the information about upcoming Indiabulls Housing Finance limited IPO. Read the company details latest information and be updated on the new offers related to ncd IPO.
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Weekly Analysis on Stocks for the week ended Friday, 3-May
The BSE Sensex and the NSE Nifty ended 0.3% and 0.4% lower respectively for the week, while the Nifty Midcap underperformed indices, declining 1.5% for the week. Pharma sector declined the most, down 2.6%, Nifty IT index down 2.5% Nifty FMCG down 2.3% and nifty Auto fell 2.3% for the week. On the other hand, Nifty Metal performed well higher by over 1 percent and Nifty Energy gained 0.8% Banking and financial stocks outperformed on the Nifty50 index for the week. HDFC Bank gained 3.7%, Kotak Mahidnra Bank gained 2.8 percent each and HDFC rose 1.3%. Oil Marketing Companies such as Bharat Petroleum and Indian Oil Corporation also rose over 2% each for the week as crude oil prices dropped to a 30-days low after the recent surge above USD 75 per barrel. Yes Bank shares underperformed for the week, down 26% after the Bank reported a net loss of Rs.1507-Crore for the period ended March 31. IndusInd Bank slipped 8.5% for the week Britannia Industries fell 9% after the earnings were below analysts’ estimates for Q4. The company reported an 11.82% increase in consolidated net profit at Rs.294.27-crore for the fourth quarter Indiabulls Housing fell 4.4% after the reported a 7% year-on-year de-growth in consolidated profit but net interest income advanced 5.8 percent. Hindustan Unilever slipped 3% and also TCS fell 4.5% after IT stocks were under pressure on strong rupee. Free Intraday Trading tips, MCX Free Tips, Commodity tips and Stock Tips Read the full article
Sensex, Nifty Flat; Major Stock Movements Today
Share market benchmarks started positive note on Thursday, but subsequently turned flat through mid-morning deals. Accordingly Sensex slipped 92 points lower at 39,183 levels and the Nifty fell 34 points at 11,752 levels. Among stocks, Reliance, Tata Motors, Wipro were the top gainers on the NSE. Conversely, IndiaBulls Housing, Yes bank and Bharti Airtel are losing. Major stock movements today: Jet Airways share price falls over 26-percnet after the Air-carrier suspends all flights after banks refused to release funds. Shares of Reliance Industries (RIL) trade 2 percent higher at 1,371.05per share after Reliance Retail in discussions to buy toymaker Hamleys. Mindtree trade higher at 975.35 per share, up Rs.2.90 up, after the company announced special dividend ahead of L&T takeover. Shares of Wipro trade higher at 284.75per share, up 1.37% after the company announced s Rs10500cr share buyback. HT Media Limited share falls 1.23% after the company hiked its stake to 51% in Next Media Works Hindalco traded lower at Rs.209.60 down 2.49% after Toyota selected Hindalco’s subsidiary Novelis as the aluminum supplier. Subscribe for Free Intraday Trading tips, MCX Free Tips, Commodity tips and Stock Tips Read the full article