Page 1447 - Markets News

Sebi issues performance benchmarking guidelines for PMS industry

Portfolio managers to adopt an additional layer of broadly defined investment strategies while managing clients' funds

GMM Pfaudler promoter sells 17.3% stake for Rs 1,324 cr through open market

The promoter of engineering firm GMM Pfaudler on Friday divested 17.3% stake in the company for Rs 1,324 crore through open market transactions

GMM shares crash 15% as promoter Pfaudler Inc hits sell button

Pfaudler sold 17.3 per cent stake at around Rs 1,700 per share to mop up Rs 1,324 crore

Active or passive ELSS? Investment advisors divided over clear winner

Some see potential in the newly introduced passive option, other see promise in active ELSS

Markets extend losses amid recession fears, indices dip second week on trot

Commentary by central banks on their resolve to tame inflation rattles investors, who were hoping that interest rates have peaked

Sebi issues performance benchmarking guidelines for portfolio managers

Sebi came out with guidelines for portfolio managers pertaining to performance benchmarking, asking them to adopt an additional layer of broadly defined investment "strategies"

JSW Energy (Barmer) Limited issues bonus shares worth Rs 995 crore

JSW Energy arm JSW Energy (Barmer) Ltd has issued over 99 crore bonus shares worth Rs 995.90 crore

DMRC Board approves raising of equity share capital by way of rights issue

The board has approved the raising of the equity share capital of the DMRC by way of the rights issue, to be subscribed equally by both the stakeholders -- the Centre and the Delhi government

Mirae Asset Mutual Fund aims to launch precious ETF by Q1 next year

Exchange traded funds back each security issued with physical stocks of a given commodity, creating a product considered free from counterparty risk

Sovereign Gold Bond 2022-23: Series III subscription to open on Dec 19

The applications will close on December 23 and the Sovereign Gold Bonds will be issued on December 27

Sensex tanks 461 pts, Nifty below 18,300 amid global rout; all sectors fall

CLOSING BELL: Among sectors, the Nifty PSU Bank index sunk the most, down nearly 3 per cent. This was followd by losses in the Nifty Realty, Pharma, and Media indices, down over 1 per cent each

IRCTC down 9% in 2 days amid OFS by govt; stock slips below floor price

With today's low of Rs 668.25, the stock has fallen below its floor price of Rs 680 per share set for Offer for sale

Mahindra CIE surges 16% in two days, hits 52-week high in weak market

India is projected to be one of the fastest growing large economies in the world and CIE Automotive's global strategy continues to focus on India as a key market, the company said

ONGC, Oil India hits over 5-month high after govt slashes windfall tax

On Friday, the Union government slashed the windfall tax on domestically produced crude oil and diesel effective December 16, 2022

Sensex can drop to 58,000, Nifty 17,700 if these supports are violated

Presently, the BSE Sensex and Nifty 50 have breached their respecitve 21-SMAs, the following support levels need to be honoured in order to sustain a positive bias.

Is Adani's media foray enough to sustain a rally in related stocks?

India's media sector has recently received a regulatory fillip from the govt. But are these triggers enough to sustain the rally in related stocks? How should investors pick media- related stocks?

ITC stock hits 2-month low amid market weakness, slips 4% in two days

Reliance Consumer's foray into FMCG, through brand 'Independence', could be a threat to existing FMCG companies in the foods space, analysts said

Sugar stocks sweeten in weak market on hopes of higher export limit

Rajshree Sugars, Ugar Sugar Works, Simbhaoli Sugars, Sakthi Sugars and Bajaj Hindustan have zoomed in the range of 10 per cent to 19 per cent in intra-day trades so far.

Surprise corporate actions by Indian tech darlings spur investor scrutiny

Nykaa and Paytm are among a flurry of hot startups that came to the Indian market with much fanfare

GMM Pfaudler plunges 18% after over 11 mn shares change hands in block deal

Till 09:30 AM, a combined around 11.18 million shares, representing nearly 25 per cent of the total equity of the company, had changed hands on the NSE and BSE