Page 1313 - Markets News

Mcap of 7 most-valued firms erodes by Rs 65,656 cr; RIL biggest laggard

The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 65,656.36 crore last week, with Reliance Industries taking the biggest hit, amid a muted trend in domestic equities

Flex space demand among Indian corporates rises to 10-12%: Colliers

Indian corporates are fast embracing flexible workspace which now accounts for 10-12 per cent of their real estate portfolio compared to 5-8 per cent pre-COVID pandemic, according to Colliers.

Bond yields fall marginally this week tracking a sharp decline in US peers

All 64 economists in the poll conducted between May 16 and May 29 expected no change to the 6.50% repo rate

Favourable winds blowing for cement sector, demand remains strong

Most of the majors have good balance sheets with low debt-to-Ebitda ratios

Indices end week in the green after US averts default; Sensex up 119 points

Strong May sales saw automobile stocks outperform on Friday. Maruti and Mahindra & Mahindra gained 1.73 per cent and 1.7 per cent, respectively

UTI, SBI MFs lead small town footprint due to strong branch presence

Table-topper UTI MF prides itself on the distribution network it has created in B-30 locations

Revision of ONDC discounts lifts Zomato stock 5% at Rs 71.15 apiece

Last month, the food delivery platform reported a narrowing of losses on both year-on-year (YoY) and sequential bases for the March quarter

Trading activity picks up pace in May amid buoyancy in the markets

Cash segment turnover hits 8-month high in May

Coal India OFS retail book subscribed 1.4x a day after QIP garnered 1.6x

Bulk of bids came at around Rs 226 against base price of Rs 225, in first major disinvestment in FY24

Sebi releases bond trading guidelines on RFQ platform to increase liquidity

Capital markets regulator Sebi came out with guidelines for transactions in corporate bonds through Request for Quote (RFQ) platform by stock brokers in order to increase liquidity on the platform

Auto, metal, FMCG shares lift Sensex 119 pts up; Broader markets outshine

CLOSING BELL ON JUNE 02, 2023: The NSE Nifty 50 finished 46 points higher at 18,534; Hero MotoCorp, Apollo Hospitals and Hindalco rallied over 3 per cent each.

Finfluencers now 'renting' research analyst licences in fear of Sebi action

They are charging a rent of 20% of the fee they make by providing trading calls and stock tips

Apollo Hospitals hits 52-wk high on talks to raise $200 mn; up 8% in 2 days

Apollo Hospitals is looking to sell around 5-6 per cent stake in Apollo HealthCo at an expected enterprise value of $2.5-$3 billion, said a report by The Economic Times

Bank of Baroda board approves raising Rs 5,000 crore by March 2024

The capital will be raised when the market is conducive, the bank said

Sebi lists new norms for high-risk FPIs: What it means for investments

Who is impacted; do the new rules better protect Indian companies from opportunistic takeover: questions answered

Mankind Pharma scales new high; rallies 11% in 3 days post Q4 earnings beat

Currently, the stock was quoting 40 per cent higher over its issue price of Rs 1,080.

Graphite India, HEG surge 10% on heavy volumes in subdued market

The steel industry's accelerating efforts to decarbonize will lead to an increased adoption of Electric Arc Furnace steel production, in turn driving sustainable demand growth for graphite electrodes.

Despite signs of fatigue, market breadth shows bulls have upper hand

Every minor correction may see addition of long positions, say experts

Minda Corp hits new high; up 4% ahead of board meet to raise funds

The board will meet today to discuss and consider, among other things, raising of funds through issue of equity shares by way of preferential issue, qualified institutions placement or rights issue.

NCC gains 3% on winning orders worth Rs 2,088 crore in May 2023

Thus far in the calendar year 2023, the stock has surged 36 per cent, as compared to 2.1 per cent rise in the S&P BSE Sensex.