Page 1805 - Markets News
Market Wrap Podcast, Sep 20: Here's all that happened in the markets today
Investors were cautious ahead of the FOMC meet this week which is expected to provide clarity on the outlook for tapering as well as interest rate timelines
 "Market Wrap Podcast, Sep 20: Here's all that happened in the markets today")
How to invest in present market conditions? S Naren's tips on best sectors
Current market levels have you worried? We have S Naren, executive director & CIO at ICICI Prudential AMC, to help you make better sense of where the markets are headed. Watch his interview
 "How to invest in present market conditions? S Naren's tips on best sectors")
NDTV stock leaps amid Adani takeover speculation
Reports have suggested that Adani Group is looking at Delhi-based companies for its foray into media
 "NDTV stock leaps amid Adani takeover speculation")
Global rout sends Sensex 525 pts lower; metal index tumbles 7%, PSU bank 4%
Only six of 30 Sensex stocks ended in the green, mainly from the FMCG and financial space
 "Global rout sends Sensex 525 pts lower; metal index tumbles 7%, PSU bank 4%")
Forbes & Co jumps 5% as PE major Advent buys stake in Eureka Forbes
The private equity major Advent International on Sunday signed an agreement with Shapoorji Pallonji Group to acquire a majority stake in Eureka Forbes at an enterprise valuation of Rs 4,400 crore
 "Forbes & Co jumps 5% as PE major Advent buys stake in Eureka Forbes")
Nifty Metal index slips over 4%; Tata Steel, Hindalco, JSPL plunge over 5%
The index was quoting lower for the third straight trading day, falling 7 per cent during the period
 "Nifty Metal index slips over 4%; Tata Steel, Hindalco, JSPL plunge over 5%")
Surya Roshni soars 28% in 2-days, hits new high on FPI stake purchase
Recently, Employees Retirement System of Texas - Self Managed Portfolio bought 427,789 equity shares representing 0.79 per cent stake in the company
 "Surya Roshni soars 28% in 2-days, hits new high on FPI stake purchase")
Hotel stocks rally; Indian Hotels at new high, Chalet, EIH gain up to 14%
Analyst believe hospitality business will be back to pre-Covid level by Q4FY22, if there won't be third wave of the pandemic
 "Hotel stocks rally; Indian Hotels at new high, Chalet, EIH gain up to 14%")
Tech View: Can airline stocks fly higher or will they run out of fuel soon?
The last week's volume in SpiceJet was higher than its previous 35 weekly sessions
 "Tech View: Can airline stocks fly higher or will they run out of fuel soon?")
ITC hits 52-week high as Jefferies raises target; stock up 12% in 3 days
Analysts believe ITC's cigarettes business will fully recover with the aggressive vaccination drive and reduction in Covid-19 cases
 "ITC hits 52-week high as Jefferies raises target; stock up 12% in 3 days")
Lupin slips 4% as Goa plant gets 7 observations from the USFDA
These observations which has been under regulatory oversight for 4 years, and can impact investor sentiment although revenue will not be impacted in the near term, ICICI Securities note stated
 "Lupin slips 4% as Goa plant gets 7 observations from the USFDA")
HLE Glascoat surges 19% on acquiring the global biz of Thaletec GmbH
The acquisition will enhance efficiencies and combine the similar business interests for both entities, resulting in operational synergies, streamlining and optimization of the businesses
 "HLE Glascoat surges 19% on acquiring the global biz of Thaletec GmbH")
Stocks to watch: Wipro, Zomato, Welspun India, Lupin, Rail Vikas Nigam
MAS Financial Services has raised Rs 100 crore through private placement of market-linked non-convertible debentures
 "Stocks to watch: Wipro, Zomato, Welspun India, Lupin, Rail Vikas Nigam")
Market Ahead Podcast, Sep 20: Factors that could guide markets this week
The two-day monetary policy meeting of the US Federal Reserve will dictate global market trends this week
Don't see any major pressure as a result of the taper: Axis MF's Sivakumar
In a Q&A, R Sivakumar says the key drivers of foreign flows in India would be the inclusion of Indian bonds in global fixed-income benchmarks
 "Don't see any major pressure as a result of the taper: Axis MF's Sivakumar")
Minerva India Underserved, Dynamic PMS outdid Nifty in August
Right Horizon's Minerva India Underserved continued its dream run, gaining 13.1 per cent in August
 "Minerva India Underserved, Dynamic PMS outdid Nifty in August")
Street signs: Index inclusion setback for REITs, Paras IPO in demand & more
Shares of Brookfield India REIT fell close to 9 per cent in two sessions, while Embassy Office Parks REIT declined more than 5 per cent
 "Street signs: Index inclusion setback for REITs, Paras IPO in demand & more")
Market cap of four of top-10 most-valued cos jumps Rs 65,464 crore
Bharti Airtel and State Bank of India emerging as the biggest gainers
Amid tapering fears, rising imports, rupee to face pressure next week
Global anxieties along with rising imports and persistently high crude oil prices will weaken the Indian rupee in the coming week.
 "Amid tapering fears, rising imports, rupee to face pressure next week")
Profit booking, Fed meet outcome to impact Indian equities' moves next week
"With weak US job data and inflation increasing at a slower pace, Fed is not expected to hint on taper plans in the upcoming meeting, says an analyst
 "Profit booking, Fed meet outcome to impact Indian equities' moves next week")