Page 1391 - Markets News
Indian semiconductor market to reach $55 bn by 2026, says Deloitte
The Indian sports market is estimated to touch USD 100 billion by 2027 from USD 27 billion in 2020, a growth of over 20 per cent, and about twice as fast as the global sports market
 "Indian semiconductor market to reach $55 bn by 2026, says Deloitte")
Sebi asks investors to submit original documents for refund in PACL case
The Lodha panel is overseeing the process of disposing of properties to refund investors after verifying their genuineness
 "Sebi asks investors to submit original documents for refund in PACL case")
Rupee depreciates by 10 paise to close at 82.85 against US dollar
Global oil benchmark Brent crude futures advanced 0.46 per cent to USD 83.54 per barrel
 "Rupee depreciates by 10 paise to close at 82.85 against US dollar")
Sensex trims losses, ends 176 pts lower led by IT, metals; Banks shine
CLOSING BELL: The key benchmark indices ended lower for the seventh straight trading day. The Sensex has shed 2,032 points, while the Nifty 50 has declined 643 points in this period.
 "Sensex trims losses, ends 176 pts lower led by IT, metals; Banks shine")
SpiceJet soars 6% as board okays debt restructuring plan worth Rs 2,555 cr
The company's board approved transfer of cargo business in lieu of issuance of securities including Compulsorily Convertible Debentures (CCDs) aggregate to Rs 2,555.77 crore.
 "SpiceJet soars 6% as board okays debt restructuring plan worth Rs 2,555 cr")
ITC's climb to all-time high shows Indian investors searching for stability
ITC's climb has accelerated this month, as Hindenburg Research's allegations against the Adani Group has made Adani Enterprises and Adani Ports & Special Economic Zone the index's worst performers
 "ITC's climb to all-time high shows Indian investors searching for stability")
Bajaj Auto slips over 4% on concerns of weak export sales
Analysts believe that exports are likely to remain under pressure in \near term, owing to weak macros, adverse currency movements and dollar availability issues in Africa, South Asia and Latin America
 "Bajaj Auto slips over 4% on concerns of weak export sales")
LIC extends losing streak to 7th straight session, hits record low
LIC made stock market debut on May 17, 2022, and is trading 40 per cent below its issue price of Rs 949 per share
 "LIC extends losing streak to 7th straight session, hits record low")
Paytm advances 5% on report that Sunil Mittal is eyeing stake in company
Meanwhile, Ant Group Co. is considering selling some of its shares in the operator of Indian financial technology firm Paytm to keep its holding within a required threshold, the Bloomberg reported
 "Paytm advances 5% on report that Sunil Mittal is eyeing stake in company")
Uflex down 25% in 1 wk on tax raid report, hits lowest level since May 2021
Shares of Uflex India tumbled 15 per cent to Rs 366 on the BSE in Monday's intra-day trade
 "Uflex down 25% in 1 wk on tax raid report, hits lowest level since May 2021")
Ravi Nathani decodes how to trade Nifty50, Nifty Bank amid volatility
According to the technical analyst, traders must remain cautious while trading Nifty50, in order to maximise gains and minimise losses
 "Ravi Nathani decodes how to trade Nifty50, Nifty Bank amid volatility")
Stocks to watch: SpiceJet, IOC, Granules India, Phoenix Mills, ABB India
Stocks to watch: From SpiceJet to Indian Oil Corporation, here are top stocks likely to be in action in Monday's trading session
 "Stocks to watch: SpiceJet, IOC, Granules India, Phoenix Mills, ABB India")
Roll of dice for agrochem companies with El Nino dampener on monsoon
Adverse agronomical conditions, excess channel inventory weigh on domestic market volume offtake
 "Roll of dice for agrochem companies with El Nino dampener on monsoon")
Sell-off spree continues in FPIs; withdraw Rs 2,300-cr from equities in Feb
Foreign investors have turned cautious and pulled out Rs 2,313 crore from Indian equities so far this month ahead of the release of Federal Reserve's latest meeting minutes
 "Sell-off spree continues in FPIs; withdraw Rs 2,300-cr from equities in Feb")
Global equities outpace bonds in ultra-long marathon, shows data
Global equities have delivered 5% annualised returns versus 1.7% for bonds since 1900
 "Global equities outpace bonds in ultra-long marathon, shows data")
Another market fall with no ripcord to pull? Here's what the data say
If fall isn't arrested, this will be second time in three months the Sensex would have chalked up negative returns
 "Another market fall with no ripcord to pull? Here's what the data say")
Street Signs: Nifty above 200-DMA, new-age start-up stocks, and more
NSE issued a list of 61 words brokers are barred from using misleading titles to offer client services they aren't permitted to
 "Street Signs: Nifty above 200-DMA, new-age start-up stocks, and more")
Markets may give single-digit positive returns for the year: J Jaipuria
"The market is not factoring in any major interest rate hike. The consensus is that we are close to a prolonged pause in the rate-hike cycle"
 "Markets may give single-digit positive returns for the year: J Jaipuria")
Nine of top 10 firms lose Rs 1.87 trn in mcap; HDFC Bank, RIL hit hard
Nine of 10 most valued firms saw an erosion of Rs 1,87,808.26 crore in market valuation last week, with HDFC Bank and Reliance Industries taking the biggest hit amid an overall weak trend in equities
 "Nine of top 10 firms lose Rs 1.87 trn in mcap; HDFC Bank, RIL hit hard")
Sebi likely to scrap small town-linked incentive for mutual funds
This comes amid concerns about misuse of framework
 "Sebi likely to scrap small town-linked incentive for mutual funds")