Page 1670 - Markets News
Govt looking into governance lapses that happened at NSE: FM Sitharaman
Earlier this month, Sebi penalised NSE and its former MDs and CEOs, and others for various violations in a case related to the appointment of Anand Subramanian as Group Operating Officer
 "Govt looking into governance lapses that happened at NSE: FM Sitharaman")
Top headlines: Ukraine fears lift oil to 7-yr high; Swiggy eyes $800-mn IPO
Business Standard brings you the top headlines on Tuesday
 "Top headlines: Ukraine fears lift oil to 7-yr high; Swiggy eyes $800-mn IPO")
Sensex recovers 906 pts from low, ends 383 pts down; Nifty near 17,100
CLOSING BELL: Fears of sanctions pushed the Brent crude above the $99 a barrel-mark
 "Sensex recovers 906 pts from low, ends 383 pts down; Nifty near 17,100")
DCB Bank slips 5%; stock hits 21-month low on asset quality concerns
The weakening in the asset quality was partly due to the bank's customer profile, mainly comprising small-ticket borrowers in the self-employed segment, that was more severely impacted by the pandemic
 "DCB Bank slips 5%; stock hits 21-month low on asset quality concerns")
Dhani Services freezes at 20% lower circuit for second day on heavy volumes
With the past two days decline, the stock has plunged 78 per cent from its 52-week high level of Rs 380 on March 2, 2021.
 "Dhani Services freezes at 20% lower circuit for second day on heavy volumes")
Jagsonpal Pharma rallies 19% on open offer by Infinity Holdings Group
Infinity Holdings Group made an open offer to buy 26 per cent stake in the company at a price of Rs 235 per share
 "Jagsonpal Pharma rallies 19% on open offer by Infinity Holdings Group")
Indiabulls Real Estate zooms 12% after clarification on ED investigation
The company clarified that Enforcement Directorate (ED) investigation did not pertain to the company and has no bearing on the business and operations of the company.
 "Indiabulls Real Estate zooms 12% after clarification on ED investigation")
BPCL hits 52-week low on likely delay in divestment, soaring oil prices
Even if OMCs are not made to share any under-recovery, the continued pricing intervention would make it utterly difficult to divest government's stake in BPCL, Motilal Oswal said in its report
 "BPCL hits 52-week low on likely delay in divestment, soaring oil prices")
Record borrowing to make India's unlikely bond rally short-lived
Canceled auctions and a dovish central bank decision drove benchmark yields down by more than 20 basis points in the past two weeks.
 "Record borrowing to make India's unlikely bond rally short-lived")
Nykaa plunges 36% in 11 days post Q3 results; stock nears issue price
The stock hit a new low of Rs 1,218.80, down 8 per cent in the intra-day trade
 "Nykaa plunges 36% in 11 days post Q3 results; stock nears issue price")
Stocks to Watch: Airtel, Indiabulls Housing, Panacea Biotec, Tata Power
Panacea Biotec may see some action on plans to launch a comprehensive coronavirus vaccine in association with THSTI.
 "Stocks to Watch: Airtel, Indiabulls Housing, Panacea Biotec, Tata Power")
Axis Bank, India Cement: Mehul Kothari bets on 2 stocks post correction
The stock of Axis Bank underwent some profit booking and almost retested that breakout zone
 "Axis Bank, India Cement: Mehul Kothari bets on 2 stocks post correction")
Top headlines: Putin accelerates Ukraine crisis; India set to unlock data
LIC has not paid any dividends in nearly three years, something that may have helped shore up the insurer's net worth ahead of its IPO. More on that in our top headlines.
 "Top headlines: Putin accelerates Ukraine crisis; India set to unlock data")
'Equity investors should pare return expectations'
The Russia-Ukraine standoff is keeping investors on their toes. Business Standard's Puneet Wadhwa caught up with R Venkataraman, chairman, IIFL Securities to know if the markets' bottom is near
 "'Equity investors should pare return expectations'")
Bumpy ride ahead for road companies with order likely to enter slow lane
Higher interest rates and stiff competition could further weigh on their share prices
 "Bumpy ride ahead for road companies with order likely to enter slow lane")
Despite headwinds, bulls are not ready to lose control; 5 reasons why
Technical charts suggest the bulls are not ready to give up just yet. Markets can find support at lower levels and move up, provided the news flow does not turn too adverse
 "Despite headwinds, bulls are not ready to lose control; 5 reasons why")
SAT quashes Sebi order against HDFC Bank for invoking pledged shares
Market regulator had fined lender Rs 1 cr for flouting directions in an interim order dated October 7, 2019; also directed bank to deposit Rs 159 cr along with 7% interest
 "SAT quashes Sebi order against HDFC Bank for invoking pledged shares")
NSE zooms despite hiccups: Net profit jumped 101% to Rs 3,447 crore in Dec
Its net profit jumped 101% to Rs 3,447 crore in Dec 2021 and net sales rose 69%
 "NSE zooms despite hiccups: Net profit jumped 101% to Rs 3,447 crore in Dec")
India's Green Hydrogen Policy to benefit RIL, Tata Power the most: Analysts
RIL has already spent $1.4 billion to acquire technologies across the solar battery and hydrogen ecosystems
 "India's Green Hydrogen Policy to benefit RIL, Tata Power the most: Analysts")
CBI questions ex-NSE GOO over abuse of co-location facility by broker
The CBI has questioned former National Stock Exchange group operating officer Anand Subramanian in connection with its ongoing probe into alleged irregularities by a stock broker
 "CBI questions ex-NSE GOO over abuse of co-location facility by broker")