Page 1287 - Markets News

IEX plunges 15%, hits 52-week low amid market coupling worries

According to media reports the Power Ministry has directed the Central Electricity Regulatory Commission (CERC) to implement the process of market coupling in a timely manner.

Stocks to Watch today, June 9: Asian Paints, L&T Fin, HAL, Urja Global

Stocks to watch today, June 9, 2023: Tata Power Renewable Energy, through its subsidiary, has received a contract to set up a 966 MW round-the-clock hybrid renewable power projects for Tata Steel

Nifty Pharma likely to weaken in near-term; adopt sell on rise approach

Nifty Pharma is weak on hourly charts. Traders should be cautious and sell on every rise, while Nifty Energy Index is in a range-bound phase, says Ravi Nathani

Suggest Bear Spread strategy on Bank Nifty for June series: HDFC Securities

Short term trend of the Bank Nifty has turned weak as it has closed below its 5 and 11-day EMA, says Nandish Shah of HDFC Securities

Infosys second-worst performer on NSE Nifty 50 Index in 2023, shows data

Infosys's disappointing sales forecast for the current financial year added to the negative newsflow

Expecting more, indices fall after RBI's rate pause; Sensex dips 294 points

The NSE Nifty declined 91.85 points or 0.49 per cent to end at 18,634.55

Sebi makes rule for upstreaming of client funds by brokers to clear corps

The new framework will come into effect from July 1, 2023, the Securities and Exchange Board of India (Sebi) said

NTPC in a sweet spot; likely to be poised for leadership in renewables

Improving power demand, new capacity additions, high visibility over coal supply and electricity pricing, and attractive dividend yield augur well

Brokerages put medal to metal on Tata Motors stock, maintain bullish stance

EV focus, improved free cash flow, and debt reduction to be major drivers

HDFC Defence Fund to stop lumpsum investment, limit new SIPs to Rs 10,000

Fund to stop taking lumpsum investments, limit new SIPs to Rs 10,000

India Inc's profit-to-GDP ratio dips slightly in FY23; financial pie up

Commodity firms' bottomline taking a hit primary reason

Shares of Zomato rise above their IPO price after more than a year

Analysts said that there is a renewed interest in new-age companies like Zomato because of the jump in revenues and a clearer path to profitability

IKIO Lighting IPO gets subscribed 66.3 times on concluding day of issue

The company manufactures LED lighting, refrigeration lights and other products

Sebi to digitise investor service requests, complaints by RTAs processing

Capital markets regulator Sebi on Thursday decided to provide a mechanism for processing of investors' service requests and complaints through online mode by RTAs

Tax changes slow new MF scheme launches; demand for debt funds takes a hit

The debt-plus-arbitrage strategy will keep volatility lower as in the case of debt schemes, while also ensuring lower tax outgo for investors

Shares of Paytm rally 6.2% following an upgrade by BofA Securities

Paytm has a cash balance of nearly Rs 8,270 crore, over 15 per cent of its market capitalisation

Sebi allows MFs to invest in repo transactions on commercial papers

The new provision would come into force with immediate effect, the Securities and Exchange Board of India (Sebi) said

Sensex sinks 294 pts as RBI keeps repo rate unchanged, Nifty nears 18,600

CLOSING BELL, JUNE 8, 2023: Sun Pharma, Kotak Bank, Tech M, M&M, Axis Bank, HUL, Tata Motors, TCS, Nestle India, and Bajaj twins dropped between 1 per cent and 3 per cent

RBI warns tech firms against unauthorised trading platforms on app stores

Updated central bank alert list names 56 entities prohibited from dealing in foreign exchange

Market snaps four-day winning streak ahead of RBI MPC announcement

The blue-chip Nifty 50 index closed 0.49% lower at 18,634.55, while the benchmark S&P BSE Sensex fell 0.47% to 62,848.64