Page 1405 - Markets News

Indices end in red after 8-day rally; Sensex dips 161.41 points

The broader NSE Nifty fell 57.80 points or 0.32 per cent to end at 18,089.85.

Sensex snaps 8-day winning run, ends 161 pts lower ahead of Fed outcome

CLOSING BELL: The NSE Nifty 50 settled with a loss of 58 points. IT, metal and energy stocks slipped, while FMCG shares ended on a firm note.

Oil extends loses by 5%, falls below $73 a barrel; Brent futures dips 3%

Both benchmarks closed at their lowest since late March in the previous session, when they also recorded their biggest one-day percentage declines since early January

Mulling performance-linked incentives for mutual funds, says Sebi ED

Capital markets regulator Sebi is looking at introducing a performance-linked incentive for mutual funds and will soon be coming out with a consultative paper on the same, a senior official said

Tata Steel's Q4 points to divergent cyclical trends in steel markets

So are analyst opinions with ratings ranging between 'hold to 'buy', and valuations between Rs 110 and Rs 132

India's 10-year bond yield falls to 1-year-low ahead of Fed rate decision

Madan Sabnavis, Chief Economist, Bank of Baroda said Bond yields have come down sharply due to factors like Sudden demand for bonds by HDFC group ahead of merger

Sebi introduces legal identifier system for issuers with listed NCDs

Capital markets regulator Sebi introduced Legal Entity Identifier system for issuers that have listed or planning to list non-convertible securities, securitised debt instruments and security receipts

Brokerages snip price targets of AMCs on feeble Q4 earnings

See regulatory risks to yields; most maintain 'buy' call on improved valuations, long-term growth potential

New mutual fund schemes with performance-based fee on the anvil

Proposal being reviewed by a working group formed by Sebi

Futures and options segment hit new highs in April despite STT hike

From April 1, the centre increased the STT on sales of futures and option (F&O) contracts by 25 per cent

Alchemy India Long Term Fund relocates from Mauritius to Gift City IFSC

Industry players said more such funds could move to Gift City as the tax treatment is now at par with other global jurisdiction

Crisil launches three new AIF benchmarks to gauge performance

With this Crisil has 10 benchmarks across the three AIF categories

Gold firms up above $2,000 level amid volatility as Fed verdict nears

By Arundhati Sarkar

Brookfield, Tata Group in talks to invest in upcoming IPO of Nexus Malls

By M. Sriram and Rama Venkat

Tyre stocks rally up to 8% on MRF's strong Q4 results; Apollo at 52-wk high

MRF's board has recommended a final dividend of Rs 169 (1,690 per cent) per share

Adani Group shares weak; Adani Wilmar sheds 5% as Q4FY23 PAT sinks 56% YoY

Shares of Adani Enterprises, Adani Power, Adani Green Energy, Adani Total Gas, Ambuja Cements and Adani Ports and Special Economic Zone were trading 3-7 per cent lower intra-day

Manappuram Finance slumps 14% as ED raids premises in money laundering case

As per PTI, the raids were being undertaken to gather evidences related to allegations that the company collected public deposits worth over Rs 150 crore in contravention of RBI guidelines

NSDC registers itself on SSE to widen capital pool for social enterprises

The Social Stock Exchange (SSE) has been developed with the sole motive of facilitating social enterprises in raising funds from the public through the stock exchange mechanism

Go First bankruptcy: IndiGo, SpiceJet good momentum plays, say analysts

Apart from IndiGo, Tata group-owned Air India, could be the second key beneficiary given its strong fleet and balance-sheet strength

Hindenburg targets Icahn Enterprises, claims IEP shares overvalued

Hindenburg targets Icahn Enterprises after dropping a significant amount of Adani Group shares. In response to that, Icahn rejects Hindenburg's claim and called the report self-serving