Page 1819 - Markets News
Demand recovery in durables, growth expectations drive rally in Voltas
The company has been able to gain share in cooling products despite strong competitive pressures
 "Demand recovery in durables, growth expectations drive rally in Voltas")
Market Wrap Podcast, Sep 9: Here's all that happened in the markets today
Sectorally, the Nifty Media index shone the most with gains of nearly 3 per cent. Other gainers included Metals, FMCG and IT
 "Market Wrap Podcast, Sep 9: Here's all that happened in the markets today")
Fag-end buying drives Sensex higher after two-day hiatus, up 55 points
Airtel, Nestle India, TCS and ITC contributed the most to gains for the benchmark indices
 "Fag-end buying drives Sensex higher after two-day hiatus, up 55 points")
T+1 cycle may reduce margin requirement, boost investment: Experts
Sebi's decision to introduce an optional T+1 (Trade plus 1 day) settlement system for the markets could help reduce margin requirement for clients and boost retail investment in equity markets
 "T+1 cycle may reduce margin requirement, boost investment: Experts")
Gold edges higher as virus spread cuts yields, pressures stocks
The relentless spread of the delta virus variant is taking its toll on America's economy as well as global supply chains, depressing growth while boosting inflation.
 "Gold edges higher as virus spread cuts yields, pressures stocks")
Dish TV hits 52-week high, up 30% in 3 days as YES Bank seeks to sack board
YES Bank sent a notice to the company to remove the top management, including the managing director Jawahar Lal Goel
 "Dish TV hits 52-week high, up 30% in 3 days as YES Bank seeks to sack board")
Sona BLW hits new high; stock up 96% over issue price on healthy outlook
The stock has soared 20% in nine days after media report suggested that US electric vehicle maker Tesla is in talk with at least three Indian suppliers as part of its plan to enter the Indian market
 "Sona BLW hits new high; stock up 96% over issue price on healthy outlook")
BPL hits upper circuit for 10th straight trading session, zooms 86%
The stock hit a 52-week high of Rs 60.75, having rallied 86% in the past two weeks from Rs 32.60
 "BPL hits upper circuit for 10th straight trading session, zooms 86%")
KPR Mills, Raymond, Arvind: PLI scheme may trigger rally up to 23%
The shares of textile sector have witnessed renewed buying interest by market participants after the Union Cabinet approved the production-linked incentive (PLI) scheme on Wednesday.
 "KPR Mills, Raymond, Arvind: PLI scheme may trigger rally up to 23%")
Indian shares muted as energy stocks offset tech, financial losses
Indian shares were unchanged on Thursday as gains in the energy sector offset losses in some technology and financial stocks
 "Indian shares muted as energy stocks offset tech, financial losses")
Stock of this travel support services company has zoomed 75% in 2 weeks
On September 2, BLS Intl had signed a contract with The Republic of Philippines Department of Foreign Affairs to provide ePassport Renewal services initially starting with Italy, Qatar and Malaysia
 "Stock of this travel support services company has zoomed 75% in 2 weeks")
Oil & Gas shares in focus; Oil India hits 52-week high, ONGC up 3%
ONGC informed that rating agency ICRA has assigned 'AAA' credit rating for non-convertible debentures (NCDs) of the company for Rs 7,500 crore
 "Oil & Gas shares in focus; Oil India hits 52-week high, ONGC up 3%")
UCO Bank zooms 16% on heavy volume after RBI lifts PCA curbs
UCO bank had requested the regulator to remove the PCA tag after it had successively posted profits for three quarters in FY21
 "UCO Bank zooms 16% on heavy volume after RBI lifts PCA curbs")
SBI Life dips 4% as Canada Pension Plan offloads partial stake
At 09:15 am, around 23.4 million equity shares, representing 2.34 per cent equity of SBI Life Insurance Company, changed hands via block deals on the BSE
 "SBI Life dips 4% as Canada Pension Plan offloads partial stake")
FPIs raise a storm over T+1 settlement cycle, approach Sebi chief
Sebi on Tuesday introduced an optional T+1 settlement cycle for the markets, with effect from January 1
 "FPIs raise a storm over T+1 settlement cycle, approach Sebi chief")
Stocks to watch: UCO Bank, SBI Life, TCS, ONGC, Blue Dart Express, Infosys
State-owned Bank of Baroda on Wednesday announced the launch of its digital banking platform 'bob World', aimed at providing all banking services under one roof
 "Stocks to watch: UCO Bank, SBI Life, TCS, ONGC, Blue Dart Express, Infosys")
Concerns loom as regulator bites the bullet on T+1 settlement cycle
Smooth implementation will require coordinated efforts from rival market infrastructure institutions
 "Concerns loom as regulator bites the bullet on T+1 settlement cycle")
Sectoral flows hint foreign portfolio investors in defensive mood
In August, they invested the highest sum into fast-moving consumer goods (FMCG) stocks, while yanking out money from high-beta sectors such as auto and banking.
 "Sectoral flows hint foreign portfolio investors in defensive mood")
Info Edge hits record high on healthy outlook & likely Policybazaar IPO
The company expects that in the post-COVID-19 environment there will be faster absorption of internet-based activities in the domains where it operates
 "Info Edge hits record high on healthy outlook & likely Policybazaar IPO")
Markets are now looking at FY23 earnings: Yogesh Patil of LIC MF Asset Mgt
In a Q&A, the head of equity at the fund shares his investment strategy and key takeaways from the June 2021 quarter results of India Inc
 "Markets are now looking at FY23 earnings: Yogesh Patil of LIC MF Asset Mgt")