Page 1887 - Markets News

Indian PE funds looking for exit from companies toy with SPACs in US

Discussion has started between blank check companies in the US and Indian PEs on possible deals in certain key sectors

Why switching over to laggards may prove rewarding in stock market

FMCG, Pharma and Energy are sectors that have delivered lower returns than benchmark indices in the past year

Valuation of Indian unicorns to rise manifold amid pandemic: Experts

Experts say large funding rounds and valuations demonstrate significant interest from global investors, including sovereign funds, private equity and crossover funds

Crude set for worst week since March on OPEC+ anxiety, shows data

Futures in New York fell 0.6 per cent toward $71 a barrel after closing at the lowest in a month on Thursday

Global indices edge lower as focus shifts towards US consumer data

The MSCI's broadest gauge of global shares was down 0.1 per cent in European trading, broadly unchanged on the week, as European markets gave up some of their earlier gains

Indices trade flat, close week with 1.4% gains; HCL Tech falls 3%

After surging to its new all-time high of 53,290.81 in early trading, the Sensex ended 18.79 points, or 0.04 per cent, lower at 53,140.06

Share allotment: PNB Housing Finance erred in pricing, says Sebi

Regulator says allotment of shares did not conform to the company's articles of association

Stock prices dance to US Fed tune: The Nifty50 rose 14% in 2021

Since the outbreak of the pandemic, the US Fed's balance sheet has risen 76 per cent from $4.2 trillion in March 2020 to $ 8.2 trillion on Wednesday

Tatva Chintan Pharma IPO subscribed 4.51 times on first day of subscription

The initial public offer aggregating up to Rs 500 crore comprises a fresh issue of up to Rs 225 crore and an offer for sale of up to Rs 275 crore.

Export demand firm for BIL, depreciating rupee to add to revenue growth

While growth momentum has been strong, what has helped the company perform better than peers in the June quarter is its reliance on overseas markets

Bank of Maharashtra closes QIP, raises about Rs 404 crore from issue

State-owned Bank of Maharashtra on Friday closed its qualified institutional placement (QIP) in which it raised about Rs 404 crore by allotting over 17 crore shares to eligible investors.

No longer discounted: Mid- and small-cap IT firms enjoy premium at bourses

This is a contrast to last year, when mid- and small-cap IT companies traded at a P/E multiple of 13.3x at the end of March 2020

Zomato IPO subscribed 38 times as investors pour money to get a bite

Institutional investors, who shied away in the first two days of the IPO, bid several times over the number of shares reserved for them

Investors to get option to block securities in demat accounts: Sebi

Investors will soon have the option to block securities on their respective demat accounts for sale transactions apart from the existing early pay-in mechanism.

Market Wrap Podcast, July 16: Here's all that happened in the markets today

Telecom major Airtel, Ultratech Cement, Tata Steel and PowerGrid emerged to best performers

Sensex gyrates 294 pts, ends 19 pts down; Nifty holds 15,900; IT, banks dip

The mid- and small-cap indices meanwhile, outperformed and ended over 0.4 per cent higher each

IRCTC rallies 20% in July so far amid expectations of improved outlook

In the past three months, IRCTC has surged 50 per cent as against a 9 per cent gain in the S&P BSE Sensex

HCL Tech Q1 preview: Analysts see 6-11% YoY PAT growth, strong deal win

HCL Tech Q1 preview: Most analysts expect a contraction in HCL Tech's margin, hurt by wage hikes in Q4 and investment in geo & sales expansion.

Paytm set to break into top 10 most-valued financial stocks in India

According to investment banking sources, the company is eyeing a valuation of between $20 billion and $25 billion

Datamatics Global Services hits new high after 17 yrs; stk up 43% in 2 days

The BSE has sought clarification from Datamatics Global Services with reference to the movement in volume. The reply is awaited.