Markets Mayhem

Raymond, Edelweiss, TTK Prestige among firms whose mcap has slipped below $1 bn

In a move aimed at ensuring ease of compliance and lower costs, Sebi on Tuesday said promoters of companies can give shares to their employees under the Offer For Sale (OFS) through the stock exchange mechanism. At present, shares under OFS are offered to the staff outside the stock exchange mechanism. Based on the feedback received from stakeholders, Sebi noted it is observed that the said procedure is time-consuming, and involves additional costs and multiple activities. Against this backdrop, the Securities and Exchange Board of India (Sebi) has decided on a new system that will be in addition to the existing one with respect to OFS for companies' employees. Under the new system, OFS to employees would be on T+1 day along with the retail category under a new category 'Employee'. "In order to enhance efficiency, ease of compliance and reduce cost, based on deliberations in the Secondary Market Advisory Committee of Sebi and discussions with stock exchanges and clearing corporati

The 30-share BSE Sensex plunged 825.74 points or 1.26 per cent to settle at 64,571.88 points. During the day, the index plummeted 894.94 points or 1.36 per cent to 64,502.68 points

If not for the Rs 70,000-crore buying by domestic institutions, the market fall would have been steeper

Shares in the Swiss banking giant plummeted 12% to an all-time low on Monday after a weekend of fevered Twitter speculation about its financial health, before they regained almost all of the losses

The government is selling 221,374,920 shares in LIC, aiming to raise around Rs 21,000 crore

Britannia has been trading in a broader consolidation range of Rs 3,350-3,840 for the last one year and is currently hovering in the middle

Janus Henderson's report warned that dividends could still fall 2% this year, in a worst-case scenario. But its best-case scenario sees 2021 dividends up 5% on a headline basis

For instance, auto sales were almost zero for the month of April, and companies are still limping back to produce vehicles

Last week, the finance ministry hauled up the market regulator, seeking immediate action to curb the free fall in the market, sources said

Reliance Industries' m-cap plummeted Rs 1,03,425.15 crore to Rs 7,01,693.52 crore

Trading was halted for 45 minutes in early session after the index hit its lower circuit limit

The last time Indian stock indexes dropped as much was at the height of the global financial crisis in 2008

Amid intensifying rout in global financial markets, the 30-share BSE Sensex plummeted 2,919.26 points or 8.18 per cent to end at 32,778.14

Jim Rogers, chairman of Rogers Holdings, tells Puneet Wadhwa that he is looking to invest in India upon a correction

Expectations of a growth stimulus have been belied

Bank shares which had surged over 10% last week witnessed profit taking

Now that the dust has settled and the markets are still trading at a lower level than those in the previous week, one can look out for companies that are potential gainers

China's benchmark indexes have now lost roughly 20 percent in August and are heading for their worst monthly performance in six years

S S Mundra reiterated that despite the slide in markets and rupee since Monday, the country was on the right path of reforms