Page 1519 - Markets News

Consumer durables firms may have to wait until Q3 to find their sea legs

Hypercompetition, high-cost inventory, and volume-over-margins delay gains

FPIs invest Rs 49,250 cr in August so far on strong corporate earnings

FPIs had turned net buyers for the first time in July, after nine straight months of massive net outflows, which started in October last year

MFs flock to silver ETF space with new schemes; collect Rs 1,400-cr assets

As per industry data, so far, Aditya Birla Sun Life Mutual Fund, ICICI Prudential Mutual Fund and Nippon India Mutual Fund have launched silver ETFs

Mcap of seven of top-10 valued firms tumbles over Rs 1.54 trilion

Seven of the top-10 valued firms suffered a combined erosion of Rs 1,54,477.38 crore in market valuation last week, with IT majors TCS and Infosys emerging as the biggest laggards

Global market trends, macro data to guide domestic stocks in this week

Trading in the domestic stock market would be influenced by trends in the global equities, macroeconomic data and foreign fund movement in a holiday-shortened week, analysts said

Govt clears ex-StanChart banker Ananth Narayan as Sebi's whole-time member

Ananth Narayan has been appointed for an initial period of three years

High cotton prices to spoil apparel stocks' outlook in near-term: Analysts

At the bourses, shares of textile stocks like KPR Mills, Welspun India, and Vardhman Textiles have tumbled up to 45 per cent so far this year.

Indian equities likely to remain volatile after US Fed chair's speech

On Friday, Fed chair Jerome Powell signaled the US central bank is likely to keep hiking interest rates and keep them elevated to tame inflation.

A few bumps aside, road ahead is largely smooth for Infra developers

Though competition is very high, stabilisation of commodity, input and energy prices should support margins

Syrma SGS Technology dazzles on debut, stock soars 34% against issue price

Analyst at Swastika Investmart attributed the good listing to positive market sentiment, outstanding prospects, and a good response from the investors.

Bond yields slide as reports tout progress in global listing of Indian debt

A fall of one basis point on the 10-year bond yield corresponds to a rise in price of roughly seven paise

Blackstone eyes IPO filing for $2.5 bn in shopping mall portfolio: Report

Nexus Malls operates 17 shopping centers across 13 Indian cities and has about 10 million square feet of retail space, its website shows

Dreamfolks' offer for sale subscribed 57 times on issue concluding day

The firm has a market share of over 90 per cent of all credit and debit cards that offer airport lounge facilities

Sensex, Nifty50 post slim gains, close lower for week; NTPC gains 2.8%

NTPC was the biggest gainer among the Sensex constituents, spurting 2.80 per cent

Animal spirits? Chris Wood surprised by resilience of Indian stock market

Further evidence of economic resilience and animal spirits, according to Wood, is continuing strong goods and services tax (GST) revenues and buoyant retail sales

Sebi tweaks rules for sharp rating actions, non-cooperating issuers

Sebi comes out with circular with changes, also tweaks policy to deal with non-cooperating issuers

Sequoia Capital cuts Zomato holding to 4.4%, sells 172 mn shares

Sequoia Capital India Investments IV also received 45,153,346 incremental equity shares on August 10 owing to the acquisition of quick-commerce delivery platform Blinkit

Sebi enhances disclosures requirements for credit rating agencies

The move is aimed at allowing investors and other stakeholders to properly use such disclosures in a fair assessment of CRAs, the Securities and Exchange Board of India (Sebi) said in a circular.

Sensex, Nifty end flat post lackluster trade; Syrma soars 42%, Titan 3%

CLOSING BELL: It was a range-bound trade on the bourses on Friday as investors awaited US Fed chief Jerome Powell's address at the Jackson Hole Symposium later tonight

Stock of this EPC and solar advisory firm has zoomed 1,475% so far in 2022

In the past one month, the stock price of Gensol Engineering nearly doubled, or surged 96 per cent, as compared to 7 per cent rise in the S&P BSE Sensex.