Page 1503 - Markets News

Are IT stocks a good contrarian bet from a one-year perspective?

Fears of a global recession have weighed heavily on domestic IT stocks. Amid concerns that the US and European clients may slash their IT budgets, do the sector valuations make them a contrarian bet?

Sebi rolls out framework for credit rating agencies, applicable from Jan'23

Under the rule, CRAs can assign the suffix 'CE' (Credit Enhancement) to the rating of instruments having explicit credit enhancement.

Sebi lays guidelines on preferential issues for listed REIT, InvIT

REITs and InvITs are relatively new investment instruments in the Indian context but are extremely popular in global markets.

Sensex declines for sixth straight session as global rout continues

Index down 5.2% in 6 sessions; FPIs tally turns negative for Sep

After over 50% rise in 2022, is the stupendous rally in ITC fizzling out?

However, the counter has lost over 5 per cent from its recent high of Rs 346.25 hit on September 23, 2022 and has underperformed the S&P BSE Sensex, which has lost nearly 2 per cent since then

Delhi HC grants bail to Ramkrishna, Subramanian in NSE co-location case

Ramkrishna was arrested by the CBI in a case that was registered in May 2018 related to the alleged manipulation of the bourse. The ED arrested her later on July 14 in the phone tapping case

Sensex falls 509 pts, Nifty near 16,850; RIL, ITC shed 3%, pharma stocks up

CLOSING BELL: Among sectors, the Nifty Metal, and PSU Bank indices dipped 2 per cent each, while the Nifty Pharma index gained 0.6 per cent

RBI MPC: Experts see a 50 bps hike, pressure on the real estate sector

Costlier EMIs and the limited ability of banks to transmit the rate hikes to customers may lead to the real estate sector becoming among the worst impacted sectors

Asian Paints gains 3%, hits 8-month high on hopes of margin improvement

A fall in raw material prices from their recent peak and improved product mix will help drive EBITDA margin for Asian Paints in the coming quarters, analysts said

Cement stocks snap six-day losing streak; India Cements soars 10%

The higher demand will mitigate the impact of lower profitability on absolute operating profits and cash accruals of cement makers, cushioning their credit profiles, Crisil Research said

CGD firms: Mahanagar Gas, IGL, Adani Total may add another 16%, charts show

Shares of gas distribution companies have being in focus on expectations of rise in demand, coupled with a favourable outcome from the Kirit Parikh report.

ITI soars 10% as board plans to mull equity share issue to the government

The company has undertaken many initiatives or projects, in order to boost their turnover and implement the revival plan.

Stock of this footwear company has zoomed 60% thus far in September

Shares of Liberty Shoes hit a fresh four-year high at Rs 270.40, surging as much as 8 per cent in Wednesday's intra-day trade, in an otherwise a weak market.

Torrent Pharma to acquire Curatio Healthcare for Rs 2,000 cr; stock down 6%

ICICI Securities is positive on Torrent's ability of faster integration and turnaround of acquired assets in the domestic space

MCX Crude Oil can fall to Rs 5,900; Natural Gas may soon test Rs 500-mark

The MCX Crude Oil October futures are likely to test major support of 100-WMA around the Rs 5,900-level. Whereas, for the week, Rs 530-level is the key support for Natural Gas futures.

India's inclusion in key govt bond index pushed back to next year: Report

Indian government bonds will likely only be included in the JPMorgan emerging market global index early next year as New Delhi still needs to address various operational issues

Stocks to Watch: Torrent Pharma, ONGC, Dr Reddy's, BHEL, BPCL, Birla Corp

Stocks to Watch: Dr Reddy's has received US FDA nod for marketing Timolol Maleate, which is used to treat Glaucoma

Equities, gold, FDs: Where should you invest as global headwinds blow?

The sharp reversal in the interest rate regime by global central banks and high inflation has eroded returns from equities. Where should an investor, with a surplus investable amount, put their money?

Sensex ahead of Dow Jones by a wide margin amid rising bond yields

The Indian equity market is, however, a global outlier and remains firmly in the bull phase - both in local currency and in constant currency terms

Bond yields fall on short-covering; market still hopes for index inclusion

Call rate closes at highest since October 2019 as liquidity tightens