Page 1311 - Markets News

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

Apollo Pipes soars 6% to hit new high on healthy outlook; up 42% in 2023

CRISIL Ratings expects APL's revenue to grow by 11-12 per cent in the current fiscal 2024 supported by healthy demand, with Ebitda margin improving to 10-12 per cent

Paytm rallies 8% to hit over 9-month high on BofA Securities 'buy' call

The brokerage firm BofA Securities upgraded the stock to 'Buy' on the back of strong revenue momentum and operational leverage, which can surprise on consensus estimates.

Aether Inds soars 10% on inking pact with US-based Oil Field Services firm

The company executed Letter of Intent (LoI) with USA based leading global Oil Field Services Company for strategic supplier and contract manufacturing partnership.

SBI, DLF: Trading strategies for rate sensitive stocks post RBI policy

Selective rate sensitive stocks may rise up to 12 per cent

Indian shares rise after RBI keeps repo rate unchanged at 6.5% in MPC meet

The Indian rupee remained mostly unchanged after the policy decision, while the benchmark 10-year bond yield rose to 7.01%