Page 1520 - Markets News
Will markets dip more on Fed's hawkish chorus?
After a short-lived reprieve from June lows, equity markets again seem to be on a downward slope as central banks remain firm on monetary policy tightening. What does this fall mean for investors?
Will markets dip more on Fed's hawkish chorus?
After a short-lived reprieve from June lows, equity markets again seem to be on a downward slope as central banks remain firm on monetary policy tightening. What does this fall mean for investors?
 "Will markets dip more on Fed's hawkish chorus?")
India VIX signals caution, but don't panic just yet, say analysts
The latest reading is well below this year's average of 20.7. Moreover, Monday's 8.8 per cent advance is only the 10th largest seen this year
 "India VIX signals caution, but don't panic just yet, say analysts")
Indian markets slide on US Fed's hawkish tilt; Sensex down 861 points
Experts say any fall in US equities could reflect in the domestic markets as well
 "Indian markets slide on US Fed's hawkish tilt; Sensex down 861 points")
Despite windfall tax, ONGC, Oil India's earnings look positive for FY23
With diverse revenue streams RIL is less impacted, while oil marketing companies have seen earnings downgrades amidst volatility in oil prices
 "Despite windfall tax, ONGC, Oil India's earnings look positive for FY23")
Sebi overhauls preferential allotment rules for REITs, InvITs
At present, the pricing formula in a preferential allotment is the VWAP of the last two weeks or the last 26 weeks, whichever is higher
 "Sebi overhauls preferential allotment rules for REITs, InvITs")
BofA's new target: Nifty50 to trade in 17,000-19,500 range this year
Brokerage has revised the mark upwards for the second time this month
 "BofA's new target: Nifty50 to trade in 17,000-19,500 range this year")
Tech stocks get hammered in manic Monday sell-off; Nifty IT falls 3.5%
The tech-heavy Nasdaq index is down 22 per cent this year
 "Tech stocks get hammered in manic Monday sell-off; Nifty IT falls 3.5%")
Equity investors' wealth falls by Rs 2.39 trn as Sensex sinks 861 pts
Tech Mahindra was the biggest laggard in the Sensex pack, falling 4.57%, followed by Infosys, Wipro, HCL Tech, TCS, Kotak Mahindra Bank, Tata Steel, Axis Bank, ICICI Bank and State Bank of India
 "Equity investors' wealth falls by Rs 2.39 trn as Sensex sinks 861 pts")
India bond yields end higher as US Fed's hawkish stance unnerves investors
Indian government bond yields ended higher on Monday, tracking US Treasury yields, as the Fed emphasised it would keep raising rates to rein in inflation
 "India bond yields end higher as US Fed's hawkish stance unnerves investors")
Sensex slides 861 pts, Nifty holds 17,300; RIL slips 1% post 45th AGM
CLOSING BELL: Mukesh Ambani laid out succession plan with Akash Ambani championing telecom, Isha Ambani controlling Retail, and Anant Ambani joining new-energy vertical
 "Sensex slides 861 pts, Nifty holds 17,300; RIL slips 1% post 45th AGM")
3 reasons why the Sensex ended 861 points lower at 57,973 levels on Monday
Monday's market mayhem was led by the IT pack as Nifty IT index cracked over 4 per cent. Tech M, Infosys, HCL Tech, Wipro and TCs slipped 2-5 per cent.
 "3 reasons why the Sensex ended 861 points lower at 57,973 levels on Monday")
Goldman bets on Indian bond-swap spreads tightening, recommends 5-yr bonds
Goldman Sachs is recommending a spread trade in Indian debt markets that will help investors cash in on bullishness in the bond market
 "Goldman bets on Indian bond-swap spreads tightening, recommends 5-yr bonds")
Stock of this defence company has zoomed 87% over its issue price
Shares of Data Patterns hit a record high of Rs 1,093.50 as the stock rallied nearly 15 per cent on the BSE in Monday's intra-day trade on heavy volumes
 "Stock of this defence company has zoomed 87% over its issue price")
Are we allowed to transfer shares to Adani Group firm: NDTV's Roys ask Sebi
NDTV had earlier said Sebi had restrained the Roys from buying, selling or otherwise dealing in securities, directly or indirectly, for a period of two years, ending on November 26 2022
 "Are we allowed to transfer shares to Adani Group firm: NDTV's Roys ask Sebi")
Krsnaa Diagnostics, Metropolis hit 52-week; fall up to 14% in one month
In the past one year, these stocks have slipped between 48 per cent and 51 per cent, as compared to 3 per cent gain in the Sensex
 "Krsnaa Diagnostics, Metropolis hit 52-week; fall up to 14% in one month")
No need to worry till the Sensex holds 56,886 level, technical charts say
Equity markets declined the most in around a month on Monday following US Fed chief Jerome Powell's comments on Friday, which indicated that it will continue with its restrictive monetary policy
 "No need to worry till the Sensex holds 56,886 level, technical charts say")
Mazagon Dock Shipbuilders hits new high on heavy volumes; up 27% in 2 days
At 10:49 am; MDL traded 12 per cent higher at Rs 396, as compared to 1.4 per cent decline in the S&P BSE Sense
 "Mazagon Dock Shipbuilders hits new high on heavy volumes; up 27% in 2 days")
Nifty IT slips nearly 5% in a bearish market; Tech M, Infosys fall up to 6%
In the past eight days, the Nifty IT index has slipped 10 per cent, as compared to 4 per cent decline in the Nifty 50 index
 "Nifty IT slips nearly 5% in a bearish market; Tech M, Infosys fall up to 6%")
Stocks to watch: RIL, Britannia, NHPC, Cipla, InterGlobe Aviation, RITES
Stocks to watch today: Reliance Industries will hold their 45th Annual General Meeting on Monday, August 29; Tons of biscuits were destroyed after a major fire broke out at Britannia's Pantnagar plant