Page 1638 - Markets News

Citi deal can perk up Axis Bank's prospects, but there are challenges too

Cheaper-than-expected valuation for the above-average customer franchise is positive; extracting synergies, smooth integration among key challenges

Extend deadline to link PAN-Aadhaar by three months: Brokers' plea to Sebi

According to brokers and mutual fund transfer agents, millions of demat accounts as well as mutual fund (MF) folios are yet to link their PAN and Aadhaar

Goldman Sachs cuts 2022 FPI flow projection to India by over 80% to $5 bn

Equity inflows over the last three years from 2019-2021, according to a note by BofA Securities, totaled over $40 billion, out of which nearly $14 billion has left in the first quarter of 2022

Small-caps steal a march over Sensex, Nifty; index zooms 35% in FY22

Most analysts expect the markets to remain choppy in FY23 amid multiple headwinds. The ongoing geopolitical crisis, they feel, will keep commodity prices elevated and market gains in check

Sebi disposes of show cause notice issued to HDFC

Sebi's Adjudicating Officer Geetha G said that no monetary penalty is warranted in respect of the allegations levelled in the instant matter

Sebi unveils 'Manthan' ideathon to promote innovation in securities markets

The top ten winners of the ideathon stand would get cash prizes worth Rs 5,00,000

FII stock ownership plunges to 19.9%, value down to $582 bn YTD

And the March outflows were the most severe since March 2020 after the pandemic hit the world

Sebi issues timelines for rebalancing portfolios of mutual fund schemes

Passive breaches are generally that have not arisen due to omission and commission of Asset Management Companies (AMCs)

Sensex rallies 1,300 pts in three days: Here's what is driving the markets

Wednesday's sharp rally came on the back of hopes that the end of the Russia-Ukraine war may be on the horizon as Russia on Tuesday said it would cut down its military operation in Ukraine.

Sensex soars 740 pts; Nifty nears 17,500; banks, auto shine, metals sink

CLOSING BELL: Reliance Industries, HDFC twins, ICICI Bank, and Bajaj Finance lifted the benchmark S&P BSE Sensex 740 points higher to end at 58,684

ITC stock outperforms peers in March

ITC stock has finally started to move. If analysts are to be believed, there is more headroom in this counter. Here's a quick check on how fundamental analysts see ITC do over the next few months

Usha Martin zooms 54% in 4 weeks; stock trades at over 14-year high

The stock traded at its highest level since January 2008; the stock had hit a record high of Rs 154 on January 4, 2008.

Tata Motors, Tata Elxsi, Tata Consumer: Strategies for Tata group stocks

Among the pack, Tata Motors seems to be a slow mover, as the stock may see an upside of 8 per cent on crossing the major hurdles.

Raymond soars 12%, hits 52-week high on heavy volumes

In the past three months, the stock has outperformed the market by surging 39 per cent after the company reported robust earnings for December quarter (Q3FY22).

Tata Coffee, Tata Consumer surge up to 13% on business reorganisation plan

TCPL on Tuesday announced a reorganisation plan in line with its strategic priority of unlocking synergies and efficiencies.

Adani Enterprises hits new high on financial closure of Navi Mumbai airport

State Bank of India (SBI) has underwritten the entire debt requirement of Rs 12,770 crore for the NMIA Project

Sebi brings out stricter regulatory norms for collective investment schemes

The board of Sebi also approved the budget for the regulator for the financial year 2022-23.

Stocks to Watch: ONGC, Hero MotoCorp, PNB, LTTS, IndiGo, Adani Group

Shares of ONGC are likely to be in focus as the government will sell 1.5 per cent stake in the oil producer through an offer for sale (OFS) over the next two trading sessions at Rs 159 per share.

Brigade Enterprise, RCF are the top trading picks of Vinay Rajani

The technical analyst from HDFC Securities expects the Nifty to rally towards 17,794 on a breakout above 17,500-level.

Canada Pension Fund sells 0.56% stake in SBI Life for Rs 597 cr

It sold 5.58 million shares at Rs 1,068.35 apiece. Buyers included Aditya Birla Sun Life MF, Avendus, ICICI Prudential MF, Singapore's GIC and Goldman Sachs