Page 1570 - Markets News

At 1.79 million, demat accounts opened in June fewest since Feb 2021

The total demat count now stands at 96.5 million, with 16 million new accounts getting added during the first half of 2022 - higher than 12.4 million added in the first half of 2021

PE investments into domestic cos fall to $6.72 bn in June quarter: Report

Private equity investments into domestic companies fell 17 per cent to USD 6.72 billion on an annual basis in the June quarter, according to a report.

LIC finds no takers among ARCs for Rs 3,400-crore Reliance Capital bonds

Multiple sources said ARCs did not find the option to buy bonds of the bankrupt firm attractive and decided to give it a miss

Net inflows into gold exchange-traded funds down 34%, shows data

Investors are likely to continue to invest in gold ETFs as a means to diversify their portfolio and hold gold ETFs as a hedge against market risks

Telcos may feel heat of Adani Group's entry into 5G spectrum auctions

Airtel stock fell over 5%, while RIL closed 1.3% higher after being down for most of the day

Sebi ups tech arsenal to crack whip on 'mules' used for insider trading

A lot more orders are to be passed soon and the main reason for that is Sebi's surveillance mechanism has become almost 100-times more effective with the use of the latest technologies

Wipro, Tech Mahindra: Jefferies downgrades six IT stocks on recession fears

Earlier in May, analysts at JP Morgan had downgraded the Indian IT sector citing growth concerns. Rising margin headwind in the near-term, JP Morgan had said then, was one of the key concerns.

Rub-off effect: Spooked by TCS Q1 results, IT pack suffers losses

The Nifty IT index tanked over 3 per cent in early trade on Monday when compared with a 0.5 per cent fall on the Nifty50 index

Brokerages mixed on Avenue Supermarts post Q1 results; here's what they say

Jefferies maintains 'Hold' rating on the stock as the management is watchful of 'potential volume stress' in discretionary segments due to inflation

'Leasing of space at 18.2 mn sq ft in top 9 cities during Jun quarter'

Leasing of office space in top nine cities rose 61 per cent during the June quarter to record 18.2 million square feet from the previous quarter on better demand, according to a report.

Public won't be affected by surge in power production prices, says Kejriwal

Amid increases in the prices of power production in the national capital, Delhi Chief Minister Arvind Kejriwal on Monday said that the public will not be affected by the inflation in the city.

SAT directs Sebi to conduct enquiry into Cairn UK Holdings dividend case

The appellate tribunal's order, dated July 5, came after an appeal was filed by Cairn UK Holdings Ltd against the Sebi order

Sensex snaps 3-day bull run, dips 87 pts; Airtel, TCS shed 5%, PSBs soar

CLOSING BELL: Adani Group shares rallied up to 12 per cent on the BSE in Monday's intra-day trade, in otherwise a weak market, amid the group's foray into telecom business

ITC hits 52-week high on hopes of strong Q1 nos; soars 36% thus far in 2022

ITC is expected to post strong 23.3% revenue growth led by 21.8% growth in the cigarettes business, 28% growth in paperboard business & 17.5% growth in FMCG business, ICICI Securities said.

Adani Group shares rally up to 12%; Adani Total Gas hits record high

The Group said it has participated in the 5G spectrum auction to provide private network solutions along with enhanced cyber security in the airport, ports & logistics and other businesses

Adani eyes 5G pie: Airtel, Voda Idea need to hold these levels going ahead

Bharti Airtel and Vodafone Idea can slip into a bear trap if these key supports levels are breached; MTNL by far seems a safer bet.

TCS Q1 review: Brokerages caution against early signs of demand slowdown

The company has indicated that the near-term demand outlook remains strong, but senior-level client executives have started discussing a potential recession, said Nomura.

Dr Reddy's gains over 3% on new drug launch in the US market

The company launched its generic version of fesoterodine fumarate extended-release tablets that can be used for treating overactive bladder in the US market.

Airtel falls 5% as Adani Group mulls 5G spectrum bid; Voda Idea jumps 6%

The reaction comes even as Adani Group said it does not intend to be in the consumer mobility space

Stocks to watch: TCS, Tata Motors, Mahindra Holidays, D-Mart, Adani Group

Stocks to watch today: IT behemoth TCS net profit grew 5.2 per cent year-on-year (YoY) to Rs 9,478 crore in Q1FY23; Tata Motors hiked prices across passenger vehicle range by 0.55 per cent.