Page 1150 - Markets News
Markets to remain volatile amid US Fed rate decision speculations: Analysts
Experts said equity markets may remain volatile in the near-term amid a host of global central bank's monetary policy decisions lined up during the week
 "Markets to remain volatile amid US Fed rate decision speculations: Analysts")
FPIs infuse over Rs 40,000 cr in Indian equities on strong economic growth
The inflows came following a modest investment of Rs 1,539 crore in February and an outflow of Rs 25,743 crore in January, data with the depositories snowed
 "FPIs infuse over Rs 40,000 cr in Indian equities on strong economic growth")
Mcap of 5 of top 10 firms tanks Rs 2.23 trn; Reliance, LIC biggest laggards
The mcap of Reliance Industries tanked Rs 81,763.35 crore to Rs 19,19,595.15 crore, the most among the top-10 firms
 "Mcap of 5 of top 10 firms tanks Rs 2.23 trn; Reliance, LIC biggest laggards")
Meltdown in India's smaller stocks seen luring dip buyers to market
Bulls say the blowout returns in smaller companies stem from robust corporate profit growth in recent years
 "Meltdown in India's smaller stocks seen luring dip buyers to market")
Sebi to introduce same-day settlement for 25 stocks, defers full launch
The regulator will review progress at the end of three and six months before deciding on a further course of action
 "Sebi to introduce same-day settlement for 25 stocks, defers full launch")
Retail-heavy stocks plummet nearly 10% this month, shows data
All three stocks have come off sharply from their February highs
 "Retail-heavy stocks plummet nearly 10% this month, shows data")
Margin concerns largely priced in for Muthoot, Manappuram Finance
Three NBFCs in gold financing have seen AUM growth on a quarter-on-quarter (Q-o-Q) basis for the gold segments over the last three quarters
 "Margin concerns largely priced in for Muthoot, Manappuram Finance")
BPCL, HPCL, IOC shed up to 8% on petrol, diesel price cut, margin worries
Analysts expect OMCs to trade lower in the near-term given the retail price cut and elevated brent crude prices of $85/bbl
 "BPCL, HPCL, IOC shed up to 8% on petrol, diesel price cut, margin worries")
Ease of doing biz: Market regulator Sebi to relax certain norms for FPIs
Also, the board of Securities and Exchange Board of India (Sebi) gave its nod for a uniform approach for verification of market rumours by entities that have listed their equities
Rupee, bonds weaken as US yield rises after unfavourable PPI data
The market was driven by traders due to the absence of significant domestic cues, dealers said
 "Rupee, bonds weaken as US yield rises after unfavourable PPI data")
Near-term demand remains a concern for listed tile maker Kajaria Ceramics
Even as the March quarter and FY24 volumes are likely to be on the lower side, management and brokerage commentary suggest that recovery could be strong in FY25
 "Near-term demand remains a concern for listed tile maker Kajaria Ceramics")
Krystal Integrated Services IPO subscribed 70% on second day of offer
The Initial Public Offer (IPO) has a fresh issue of up to Rs 175 crore and an offer-for-sale of up to 1,750,000 equity shares
 "Krystal Integrated Services IPO subscribed 70% on second day of offer")
PwC India to offer tech-based compliance monitoring services with Axar
Agreement will have the two companies work together in 'creating market awareness'
 "PwC India to offer tech-based compliance monitoring services with Axar")
Sensex ends 454 pts lower, Nifty holds 22K; Auto, IT, Power shares weigh
Market wrap on March 15, 2024: Mahindra & Mahindra was the major loser among auto stocks, down 5%; Among others shares of oil marketing companies declined up to 6 per cent post fuel price cut.
 "Sensex ends 454 pts lower, Nifty holds 22K; Auto, IT, Power shares weigh")
Stock of this industrial explosives firm hits new high, up 136% in 8 months
Shares of Solar Industries hit an all-time high of Rs 8,686, on rallying 6 per cent in Friday's trading session.
 "Stock of this industrial explosives firm hits new high, up 136% in 8 months")
Stock of recently listed firm hits record high today, zooms 24% in 2 days
Shares of recently listed R K Swamy sprinted 15.4 per cent to Rs 286.95 apiece, also its fresh record high, on the BSE in Friday's intraday trade amid heavy volume
 "Stock of recently listed firm hits record high today, zooms 24% in 2 days")
Bharti Airtel hits all-time high in weak market; zooms 63% thus far in FY24
In the past one month, Bharti Airtel has outperformed the market by surging 9 per cent, as against less than 1 per cent rise in the BSE benchmark index.
 "Bharti Airtel hits all-time high in weak market; zooms 63% thus far in FY24")
IRFC, Zomato, Voda Idea: Strategies for most actively traded stocks
As of 10 AM on Friday, Yes Bank, Voda Idea, IRFC, NHPC and Tata Steel were the top traded stocks among the Nifty 200 index. Here's a technical outlook on the select shares.
 "IRFC, Zomato, Voda Idea: Strategies for most actively traded stocks")
Stress Test: DSP needs 16 days to exit 25% in SmallCap MF; Edelweiss 3 days
Edelweiss Mutual Fund on Thursday disclosed its first stress test result in order to comply with recent Sebi directive.
 "Stress Test: DSP needs 16 days to exit 25% in SmallCap MF; Edelweiss 3 days")
IIFL Finance hits lowest level since Oct' 22; stock tanks 42% in 2 weeks
Multiple rating agencies including Fitch Ratings, Brickwork Ratings India, CRISIL Ratings, Care Ratings, and Icra have revised their ratings on IIFL Finance
 "IIFL Finance hits lowest level since Oct' 22; stock tanks 42% in 2 weeks")