Page 1828 - Markets News
A surprise bond rally sweeps over India as global funds pile in
The quick turn in sentiment came after the benchmark 10-year yield rose to its highest since March, accentuated by a Reserve Bank of India policy review held on August 6
 "A surprise bond rally sweeps over India as global funds pile in")
Stocks to watch: RIL, ICICI Lombard, PNB, DRL, Barbeque Nation, NTPC, HFCL
JSPL expects to conclude the deal to sell its 96.42 per cent stake in its arm Jindal Power for Rs 7,401 crore to a promoters-owned firm Worldone by this year end
 "Stocks to watch: RIL, ICICI Lombard, PNB, DRL, Barbeque Nation, NTPC, HFCL")
Oil market anchors around $70/b, but volatility to return
Even with Covid concerns creating recent jitters in big consumers like China and US, the impact appears to be diminishing as the global economy recovers
 "Oil market anchors around $70/b, but volatility to return")
The best of liquidity is behind us, says Nomura's Saion Mukherjee
Saion Mukherjee says the market is already factoring in earnings recovery from the June 2021 quarter
 "The best of liquidity is behind us, says Nomura's Saion Mukherjee")
Investors shift focus to large-cap category in August, shows data
The data from the Association of Mutual Funds in India shows that daily AUM of the large-cap category stood at Rs 2.10 trillion in August against Rs 1.97 trillion in July
 "Investors shift focus to large-cap category in August, shows data")
Top five digital brokers corner over half of industry's active client base
Despite breakneck growth, not all brokers are consistently churning out a profit
 "Top five digital brokers corner over half of industry's active client base")
India only overweight among the top four global emerging markets
China (including Hong Kong), Taiwan, South Korea, and India have the highest average weightage in the EM space, accounting for two-third allocations
 "India only overweight among the top four global emerging markets")
After nearly a year, RIL again becomes a rally champion on Dalal Street
Its stock price up 17.3%, outperforming the index that is up 10.5%
 "After nearly a year, RIL again becomes a rally champion on Dalal Street")
Street signs: Arbitrage opportunity in Just Dial, TJL stock gains & more
Broking firms are advising their retail clients to buy shares of Just Dial to gain from the arbitrage opportunity created by the open offer launched by the arm of Reliance Industries
 "Street signs: Arbitrage opportunity in Just Dial, TJL stock gains & more")
Market Ahead Podcast, Sep 6: Factors that could guide markets this week
RIL will continue to remain in focus this week as the company is set to launch its JioPhone Next smartphone on Friday. As per a Bloomberg report, the phone could be the world's cheapest phone so far
 "Market Ahead Podcast, Sep 6: Factors that could guide markets this week")
Amid rising spread in bond yields, FPIs net buyers in Aug, invest Rs 16k cr
In equities, they invested just Rs 2,082.94 crore while debt segment saw inflow of Rs 14,376.2 crore between August 2-31, depositories data showed.
 "Amid rising spread in bond yields, FPIs net buyers in Aug, invest Rs 16k cr")
M-cap of 9 of top-10 most-valued firms jumps over Rs 2.93 trillion
Reliance Industries emerged as the biggest gainer
 "M-cap of 9 of top-10 most-valued firms jumps over Rs 2.93 trillion")
Global trends to guide markets in holiday-shortened week: Analysts
The stock market is likely to continue with its positive momentum but may face bouts of profit-booking amid lofty valuations in this holiday-shortened week, analysts said
 "Global trends to guide markets in holiday-shortened week: Analysts")
Immediate gains more likely for Exide Industries' stock than HDFC Life
Former gets exit from a non-core capital-intensive business as well as liquidity; merger synergies for latter likely between 12-15 months
 "Immediate gains more likely for Exide Industries' stock than HDFC Life")
Fraudulent trading: Sebi confirms directions against ex-CNBC anchor, family
Sebi has confirmed earlier directions passed against former CNBC Awaaz anchor Hemant Ghai, his wife and mother, that barred them from the capital markets for indulging in fraudulent trading practices
 "Fraudulent trading: Sebi confirms directions against ex-CNBC anchor, family")
Sebi asks investors to link PAN with Aadhaar by Sep for smooth transactions
Failing to comply with this, a person's Permanent Account Number (PAN) card will become inoperative, which means incomplete Know Your Customer (KYC) details.
 "Sebi asks investors to link PAN with Aadhaar by Sep for smooth transactions")
Large investors booking profits in high beta, cyclical stocks: Analysts
The rally on Dalal Street has entered a new cycle as former leaders have turned laggards, while stocks and sectors that lagged are outperforming now
 "Large investors booking profits in high beta, cyclical stocks: Analysts")
Govt likely to ask anchor investors to hold 25% in monetised roads
The road ministry and the NHAI have finalised the proposal after some investors approached them to allow them a board seat on the SPV concerned
 "Govt likely to ask anchor investors to hold 25% in monetised roads")
Biggest sovereign wealth fund excludes ONGC from portfolio
The exclusion was announced by Norges Bank after a recommendation from the Council on Ethics, an independent body that investigates possible norm breaches in the wealth fund's $1.4 tn portfolio
 "Biggest sovereign wealth fund excludes ONGC from portfolio")
Sensex tops 58,000 in best week since May, completes 10,000-pt rise in 2021
FPIs on Friday bought shares worth nearly Rs 770 crore, taking their weekly buying tally close to the Rs 7,000 crore mark
 "Sensex tops 58,000 in best week since May, completes 10,000-pt rise in 2021")