Page 11 - Markets News
Small towns surge ahead of cities in mutual fund folios, shows data
Investors from smaller towns surpass top cities in mutual fund folios for the first time, reflecting rising financial awareness and expanding distribution networks
 "Small towns surge ahead of cities in mutual fund folios, shows data")
Nifty 50@30: Tracking India's economic shift with 13% annual returns
As the Nifty 50 turns 30, India's benchmark equity index has delivered nearly 13% annual returns, mirroring the country's economic and corporate transformation
 "Nifty 50@30: Tracking India's economic shift with 13% annual returns")
Street signs: 24K support level for Nifty under watch, GIFT City IPO debuts
Nifty's 24,000 level emerges as a key support amid global fund outflows and West Asia tensions, while IT stocks turn defensive and the first IPO opens at GIFT City IFSC
 "Street signs: 24K support level for Nifty under watch, GIFT City IPO debuts")
Bharat Forge stock rides global truck demand rebound, defence spend boom
Bharat Forge hits record highs as recovery in global CV demand, rising shale drilling activity and strong defence orders power growth outlook
 "Bharat Forge stock rides global truck demand rebound, defence spend boom")
Poor sentiment is a good vintage for building a portfolio: Vikas Khemani
Selective IT services companies with strong digital portfolios, diversified clients, and disciplined cost structures could indeed present a contrarian opportunity, he said.
 "Poor sentiment is a good vintage for building a portfolio: Vikas Khemani")
Gold poised for volatile week as West Asia tensions roil markets: Analysts
Globally, silver futures on the Comex slumped $8.98, or nearly 10 per cent, while gold prices fell $89.2, or 1.7 per cent, during the past week
 "Gold poised for volatile week as West Asia tensions roil markets: Analysts")
West Asia crisis, crude prices likely to steer stock markets this week
Besides, global market trends and trading activity of foreign investors would also drive investors' sentiment
 "West Asia crisis, crude prices likely to steer stock markets this week")
FPIs pull ₹21,000 cr in last four trading sessions amid West Asia conflict
The latest sell-off comes after foreign portfolio investors (FPIs) infused ₹22,615 crore into Indian equities in February, the highest monthly inflow in 17 months
 "FPIs pull ₹21,000 cr in last four trading sessions amid West Asia conflict")
Mcap of 8 top valued firms erodes by ₹2.81 trn, SBI biggest laggard
From the top-10 pack, Reliance Industries and Infosys were the only gainers
 "Mcap of 8 top valued firms erodes by ₹2.81 trn, SBI biggest laggard")
West Asia crisis: Down 3%, Indian stocks log worst week in over one year
Benchmark indices log their steepest weekly losses in over a year as surging crude oil prices and escalating Middle East tensions dampen investor sentiment
 "West Asia crisis: Down 3%, Indian stocks log worst week in over one year")
Sebi unveils 'debit freeze' for MF folios; Sedemac IPO booked 2.7x
Securities and Exchange Board of India introduces mutual fund debit freeze facility to curb fraud; Tencent trims stake in PB Fintech as deal activity and IPO interest continue
Rising defence-related opportunities may boost Bharat Electronics stock
BEL is a manufacturer and integrator of radars, communication systems, EW suites, and avionics
 "Rising defence-related opportunities may boost Bharat Electronics stock")
Essel-linked FMP case: Kotak AMC gets partial relief
Securities Appellate Tribunal grants partial relief to Kotak Mahindra Asset Management Company in the Securities and Exchange Board of India case over Essel-linked FMP investments
 "Essel-linked FMP case: Kotak AMC gets partial relief")
Equities remain core for long-term wealth creation: Harsha Upadhyaya
In India, equities are often a long-term wealth creation product and flows typically normalise once volatility stabilises, Upadhyaya said.
 "Equities remain core for long-term wealth creation: Harsha Upadhyaya")
FPIs sold IT stocks heavily despite positive net inflows in February
FPIs sold nearly ₹17,000 crore worth of IT stocks in February despite strong overall equity inflows, as fears of AI-led disruption drove the sector to its steepest monthly fall since 2008
 "FPIs sold IT stocks heavily despite positive net inflows in February")
Sentiment shift: Global funds pull money from Asia at fastest pace in years
Funds have sold net $11 billion of shares in developing Asia, excluding China, this week
 "Sentiment shift: Global funds pull money from Asia at fastest pace in years")
Liquor stocks: Radico Khaitan, Globus, United Spirits, UBL soar up to 8%
Liquor stocks: Karnataka Chief Minister Siddaramaiah today announced a shift to a global taxation standard and the complete deregulation of alcohol pricing.
 "Liquor stocks: Radico Khaitan, Globus, United Spirits, UBL soar up to 8%")
Sebi introduces voluntary debit freeze facility to mutual fund folios
The facility, which will become effective from April 30, ensures that no units are debited from mutual fund folios until they are unlocked
 "Sebi introduces voluntary debit freeze facility to mutual fund folios")
Stock Market Close: Sensex drops 1,097 pts, Nifty ends at 24,450 as Brent rises on US-Iran conflict
Sensex Today | Stock Market Highlights, Friday: The Nifty MidCap and the Nifty SmallCap indices ended 0.69 per cent and 0.24 per cent down, respectively.
 "Stock Market Close: Sensex drops 1,097 pts, Nifty ends at 24,450 as Brent rises on US-Iran conflict")
Sensex slumps 1,100 pts today; Nifty logs worst week in 1-yr; key triggers
Market crash today: The volatility gauge, India VIX, has risen 45 per cent this week, the highest since April last year, taking the yearly surge to nearly 110 per cent
 "Sensex slumps 1,100 pts today; Nifty logs worst week in 1-yr; key triggers")