Page 1897 - Markets News

Mauritius closer to exiting grey list as FATF sees progress on action plan

Inter-governmental body has now authorised its delegates to visit the island nation for an on-site inspection of the progress made

Indian hedge funds beat Asian, EM peers; provide 6.6% returns in May

Provide 6.6% returns in May; rebound comes after retreat in April as 2nd wave took hold

Demand recovery key to Apollo Tyres' aggressive $5 billion revenue target

Street will watch out for capital allocation, deleveraging progress

Standard Life sells 5% stake in HDFC Life Insurance in two tranches

A total of 100.8 million shares were sold in two tranches at Rs 672 and Rs 673; names of buyers couldn't be ascertained

Sebi starts cross margin facility on commodity futures to boost liquidity

The move is part of Sebi's effort to improve the efficiency of the use of the margin capital by market participants, the regulator said in a circular

Cryptocurrency-related cyberattacks increased by 192%, finds report

This is between October 2020 and May 2021

Sebi introduces framework for accredited investors in securities market

Regulator says appointment and removal of independent directors can be done through a special resolution of shareholders.

Market Wrap Podcast, June 29: Here's all that happened in the markets today

BSE Sensex ended the day at 52,549 levels, down 186 points or 0.35 per cent while the broader 50-share Nifty closed at 15,748 levels, down 66 points

Sensex slips 186 pts amid profit booking; banks, metals fall; pharma gains

HSBC said on Tuesday that the valuation of Indian stock market has become a concern now after a sharp run up from their March 2020 low

This Tata group company's shares have zoomed 77% in four weeks

The stock was trading at its highest level since 1992

Indian stock market valuation a concern, FDI flows likely to continue: HSBC

FDI in India is likely to pick up going ahead on the back of a strong rebound in growth, said Frederic Neumann, co-head of Asian economics research at HSBC

Bajaj Healthcare zooms 20% as Co seeks compulsory licence for Baricitinib

The company has moved the Indian Patent Office requesting to grant a compulsory license for manufacturing & supply of Covid-19 drug "Baricitinib" (API and formulation)

Indian Bank dips 8% post listing of fresh shares issued to QIBs

On Friday, June 25, Indian Bank had informed the stock exchanges that it raised Rs 1,650 crore through QIP

Graphite India gains 6% on healthy operational performance in Q4

Looking ahead, the management remains optimistic with the ongoing recovery in demand for electrodes and stabilization of prices

Stocks to watch: HDFC Life, IRCTC, Ruchi Soya, RITES, Godrej Consumer

Standard Life will divest 3.46 per cent or 70 million shares in HDFC Life Insurance Company on Tuesday

3 stocks Osho Krishan of Anand Rathi is bullish on: Buy Tata Coffee, Trent

Tata Coffee witnessed a consolidation breakout on the back of an increase in average trading volumes in the last trading session, suggesting a positive outlook

Market Ahead Podcast, June 29: Top factors that could guide markets today

DCM, IRCTC, Ruchi Soya, Sintex Industries and Suzlon Energy are among the companies that will announce their March quarter earnings today

MSCI warns India, four other emerging markets against restrictive policies

Says could lead to a downgrade in market classification

Aditya Birla Sun Life IPO put on hold by markets regulator Sebi

The asset management company had filed preliminary papers with Sebi in April to raise funds through through an initial public offer

Strong recovery likely to continue for auto ancillary companies

Good export demand, likely Q2 uptick, low interest rates are positive