Page 1585 - Markets News

Advance-decline ratio remains below 1 for second month in a row

The advance decline ratio (ADR) for May was 0.84, with 1,718 stocks advancing and 2,037 declining

At 1.97 mn, new SIP openings in May lowest in 12 months, shows Amfi data

In May, 1.97 million new SIPs got registered - nearly 15 per cent lower than the previous five-month average of 2.3 million - reveals the data provided by Amfi

Inflation data, Fed interest rate decision to drive markets this week

Markets are again reeling under tremendous pressure across the globe following sticky inflation that could prompt swift actions by the apex banks ahead, say analysts

Top-10 most valued firms lose over Rs 2.29 trn in m-cap; LIC worst hit

Corporate major Reliance Industries' m-cap fell by Rs 44,311.19 crore to Rs 18,36,039.28 crore

FPIs pull out Rs 14,000-cr from Indian equities in June amid concerns

Wary of the scenario on the global and domestic fronts, foreign investors continued to withdraw from Indian equity markets and pulled out close to Rs 14,000 crore in this month so far

Tech used by casinos in Las Vegas may help Sebi tackle insider trading

Not just India, but several global financial regulators are considering such AI programmes to nail securities law violators such as insider trading

Bears tighten grip: Sensex crashes 1,000 pts on mounting inflation worries

FPIs sell shares worth Rs 4,000 crore; US inflation hits new 4-decade high

Export curbs, higher energy prices may spike trade deficit further in FY23

Revenues from the export of industrial metals would also take a hit from a decline in metal prices

Rupee plunges to all-time low of 77.84/$ amid rising crude oil prices

The currency closed at a record low of 77.84 against the dollar after hitting 77.88 in intraday trading.

Gold ETFs witness third straight month of inflows; AUM rises 10% YTD

But the quantum of inflows, at Rs 203 crore, was much lower than the Rs 1,100 crore seen in April

Govt 'concerned' about dip in LIC share price; calls it temporary blip

Since the day of listing, LIC shares have remained below the issue price and had touched a low of Rs 708.70 and a high of Rs 920

IIFL Finance up 8% after ADIA picks 20% in housing fin arm for Rs 2,200 cr

This is the second investment by ADIA in entities working in housing finance space in FY23. Last month, it concluded a deal to pick up 10% in HDFC Capital Advisors for Rs 184 cr

With earnings risk, valuations aren't really compelling: Edelweiss Fin head

In a Q&A, Aditya Narain says India's valuations have come off but are still more expensive than other markets. Also, downward pressure on earnings makes the environment uncertain

Holding her own: Madhabi Puri Buch completes 100 days as Sebi chairperson

Industry players credit Sebi's first woman chairperson with putting special emphasis on cyber security, use of tech and data - areas where Sebi is trying to 'stay ahead of the curve'

Chris Wood rejigs India equity exposure; replaces HDFC with HDFC Bank

In the financial sector, Wood now holds SBI, Bajaj Finance, ICICI Prudential Life, ICICI Lombard and CAMS besides HDFC Bank in his India long-only equity portfolio.

Sebi warns investors against unregulated platforms offering algo trading

"These platforms are unregulated and thus there is no investor grievance redressal mechanism covering their activities," Sebi said.

Sensex tanks 1,017 pts; Nifty holds 16,200; Bajaj Finance sinks 4%, RIL 3%

Stock market highlights: Over 35 Nifty stocks ended the session in the red with Bajaj Finance, HDFC, Kotak Bank, Hindalco, Wipro, Reliance Industries, Tech M, and Infosys falling between 2.5-4%

Rs 3.2 trn of investor wealth wiped off. Why did the Sensex fall on Friday?

The market's confidence has been shaken as persistently elevated levels of commodity prices, and disrupted supply chains continue to be a double whammy for the economy and companies alike.

Vadilal Industries hits record high in weak market; zooms 114% in 6 months

For the entire financial year 2021-22, Vadilal Industries reported nearly 10-fold jump in net profit at Rs 44.70 crore from Rs 4.63 crore in FY21

J Kumar Infra hits four-year high; surges 38% in twelve days on strong Q4

Strong cash position and unutilised working capital limits facilitate headroom for undertaking large projects and executing existing projects, analysts said.