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Apr 18, 2018 3:40 PM

Markets snap nine-day gaining streak; Nifty Bank down by over 200 points.

Markets erase their nine-day gaining streak after NS Vishwanathan, RBI deputy governor, defended the one-day default norm in the February 12 NPA circular. The financial stocks dragged the Nifty by 30 points while the FMCG lent a 20-point support. The Sensex slipped 260 Points from its highs to close at 34,332 whil the Nifty slipped 68 points to close at 10,526. HDFC Bank, Reliance and Axis Bank were among the top index losers while ITC and UltraTech were among the top index gainers. The market breadth was in favour of the declines as the advance-decline ratio stood at 2:3.

Apr 18, 2018 3:40 PM

Taher Badshah, CIO-Equities,says happy owning consumer stocks at the moment.

Apr 18, 2018 3:20 PM

Mastek posts Q4 net profit at Rs 19.4 crore.

Mastek announced its fourth-quarter net profit at Rs 19.4 crore versus the Rs 18.4 crore (QoQ). The consolidated revenue (GU) stands at 6.8% at Rs 223.7 crore versus the Rs 209.5 crore expectation. The consolidated EBIDTA stands at 8.4% and the EBITDA margin at 12.4%.​​

Apr 18, 2018 2:49 PM

Mastek posts Q4 net profit at Rs 19.4 crore.

Mastek announced its fourth-quarter net profit at Rs 19.4 crore versus the Rs 18.4 crore (QoQ). The consolidated revenue (GU) stands at 6.8% at Rs 223.7 crore versus the Rs 209.5 crore expectation. The consolidated EBIDTA stands at 8.4% and the EBITDA margin at 12.4%.​​

Apr 18, 2018 2:49 PM

WATCH| NS Vishwanathan, RBI deputy governor, defends the one-day default norm.

Apr 18, 2018 2:37 PM

Check out how many ATMs there are in India.

Apr 18, 2018 2:28 PM

Markets off highs; Nifty Bank at day's low.

The markets are off its highs where the BSE Sensex is trading at 34,406 points and the Nifty is trading at 10,553 points. The Nifty Bank has erased its recovery gains and is now at its day's low after the NS Vishwanathan, RBI deputy governor, defended one-day default clause of February 12 circular.

Apr 18, 2018 2:22 PM

NS Vishwanathan, RBI deputy governor, defends 1-day default clause of February 12 circular.

Apr 18, 2018 2:14 PM

Ashwani Gujral recommends: Buy Capital First, Amara Raja and TV Today.

Watch the full video here

Apr 18, 2018 1:48 PM

NCLT adjourns Binani Cement resolution matter till tomorrow.

Apr 18, 2018 1:45 PM

The Nifty Bank has recovered and is gaining by over 16 basis points.

Apr 18, 2018 1:38 PM

Watch| Government extends anti-dumping duty on soda ash imports.

Apr 18, 2018 1:32 PM

Market break tight range, trade higher; ITC, Wipro continue to gain.

Markets are now trading beyond the 30-point tight range where the BSE Sensex is trading at 34,503 points and the NSE Nifty is trading at 10,581 points. ITC and Wipro continue to be top gainers.

Apr 18, 2018 1:14 PM

Bharti Infratel, Indus Towers merger in final stages ## Bharti Infratel, Indus Towers merger in final stages

Bharti Infratel and Indus Towers merger are in its final stages where Bharti Airtel and Vodafone are likely to be joint promoters of the merged company, sources said.

Idea Cellular, one of the shareholders in Indus Towers, will exit by selling its 11.15% stake for more than $1 billion. KKR will continue to be a minority shareholder with close to 6% stake in the merged entity.

Bharti Infratel and Indus Towers, merged, is valued at $16 billion.

Bharti Airtel, Vodafone and Idea decline to comment on CNBC-TV18’s queries.

Apr 18, 2018 12:52 PM

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