Page 1393 - Markets News

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

Sebi likely to scrap small town-linked incentive for mutual funds

This comes amid concerns about misuse of framework

Sebi to control unsolicited fin market advise from social media influencers

Sebi will come out with a discussion paper to frame guidelines to control unsolicited financial and stock market advise from social media influencers as also from unregulated investment advisors

Sebi pitches change in rules for REITs, InvITs; sponsors to own some units

Sebi has proposed changes to rules governing REITs and InvITs whereby sponsors will be required to own a certain percentage of units in these investment vehicles

NSE Indices launches country's first ever Nifty India Municipal Bond Index

The new Nifty India Municipal Bond Index will track the performance of municipal bonds issued by Indian municipal corporations across maturities and having investment grade credit rating

Siemens scaling new heights on strong performance, govt's infra thrust

Decent upside in the stock given that most analysts are positive with target prices ranging Rs 3,250-3,800

A month after Hindenburg report: It's business as unusual for Adani Group

As on December 2022, retail investors held between 1 per cent and 11 per cent in the 10 Adani group stocks

Sri Lanka's body approves renewable energy projects of Adani group

Sri Lanka's investment promotion body has approved two renewable energy projects of India's Adani group to be set up in north and eastern regions of island nation at total investment of USD 442 ml

Risks to the market rally are rising; oil stocks a good bet: Chris Wood

Energy-related stocks remain the best hedge against a Ukraine-triggered spike in energy / oil prices, Wood said

Stocks to Watch: Adani Green, Sonata Software, HG Infra, Zee Entertainment

Stocks to Watch: NCLT has admitted IndusInd Bank's Insolvency Plea against Zee Entertainment; Sri Lanka's Board of Investment have approved two wind power plants by Adani Green Energy

Indices post biggest weekly decline since June; Sensex falls 2.5%

A sell-off in Chinese technology stocks amid profit hits and price wars took its toll on Asian equities

Bear run enters sixth day as Sensex fall 142 pts, Nifty near 17,450

CLOSING BELL: Sectorally, the Nifty Metal index plunged 3 per cent, dragged by Adani Enterprises, which tumbled nearly 5 per cent

SpiceJet soars 15% as net profit jumps five-fold to Rs 107 crore in Q3

Despite a big jump in passenger traffic, business has continued to be impacted by high fuel prices and depreciating Rupee, the company said

Counting on RBI support, offshore investors build rupee crosses positions

The rupee will hold up better in an environment where the dollar is likely to receive support from the hawkish U.S. Federal Reserve, they said

GAIL India rallies 5% in weak market; hits 8-month high on heavy volumes

Gas transmission and trading volumes are likely to increase in FY24E with supplies coming from new sources, analysts say

Olectra, in partnership with RIL, unveils hydrogen bus; stock zooms 20%

The company said the 12-metre low-floor bus has a seating capacity of 32 to 49 seats for passengers and one driver seat with its commercial launch is expected within a year

How to trade Zee Entertainment as NCLT places it under insolvency process

Death Cross on the Zee Entertainment may push stock in the bear grip

Mahindra CIE rallies 9% to hit 52-week high on positive demand outlook

Overall positive performance in Q4, supported by growth and solid profitability in India, and big commercial efforts in Europe will help offset huge cost increases, said analysts

PolicyBazaar hits over 5-month high; surges 30% thus far in February

The company expects adjusted EBITDA to turn positive in current quarter (Q4FY23).

LIC's investment in Adani Group stocks now stands close to cost: Report

On January 30, the country's largest insurer had said that it had Rs 26,000 crore of gains in the Adani Group stocks, now this stands at just over Rs 3,000 crore