Page 1949 - Markets News

Venkys (India) rallies 10%, hits 52-week high post Q4 results

The board has recommended a dividend of Rs 17 per equity share (170 per cent) for the year ended March 31, 2021, subject to the approval of shareholders

Siemens surges 10%, hits new high on strong March quarter results

Siemens registered new orders from continuing operations of Rs 3,309 crore, registering a 16.9 per cent increase over the same period last year

Godrej Consumer soars 15% on Sudhir Sitapati's appointment as MD and CEO

Sudhir Sitapati, who spent over two decades at FMCG Hindustan Unilever, will take over as Godrej Consumer's managing director (MD) and CEO in October 2021

US federal reserve says inflation temporary, but markets unsure

Federal Reserve officials have advised that any pickup in inflation this year was bound to be transitory. Traders in financial markets, however, aren't so sure.

Market Ahead Podcast, May 12: Top factors that could guide markets today

A total of 36 companies are slated to post their March quarter numbers today, including Asian Paints, UPL, Pidilite Industries, Lupin, Tata Power and Voltas

Stocks to watch: Asian Paints, UPL, Adani Enterprises, Airtel, M&M, Infosys

M&M said its sales volume for the quarter ended June 2021 is estimated to be lower by 15-20 per cent as compared to the year-ago period due to the second wave of the coronavirus

Nifty eyeing fresh breakout from consolidation phase: Vinay Rajani

Confirmation of breakout in Nifty would come, once it sustains above 15,000 levels

Fintech firm Groww enters Rs 32-trillion MF space with Indiabulls purchase

Groww said Sebi's recent change in sponsorship criteria for fintech companies has enabled it to enter into the asset management space

Expensive valuations may cap near-term upside in chemical stocks: Analysts

However, they remain positive on the sector's long-term growth story on the back of ramp-up in China's environmental inspections and specialty chemical players having a healthy margin of safety

Deal numbers touch a decadal high in April despite second Covid wave

The total value of the transactions in April stood at over $13 billion, the report by Grant Thornton, a consultancy, said

Sensex, Nifty snap 4-session rally amid global selloff; HDFC twins weigh

Profit-booking in banking, finance and metal counters further weighed on bourses, traders said

Analysts downgrade IndiGo as second Covid-19 wave weakens outlook

The QIP should shore up its cash reserves currently at over Rs 7,000 crore

Margin and valuation concerns could limit upsides in L&T Infotech

Revenue growth trajectory however is expected to remain robust

Promoter pledging drops in Q1 even as stocks in broader market extend gains

Value of promoter pledged holdings stood at Rs 1.6 trillion

Adani stocks dodge drop in Sensex, gain ahead of MSCI rebalancing

Adani Total Gas and Adani Transmission rose 1.5% and 2.9%, while Adani Enterprises ended little changed; Sensex dropped 0.7%

Amfi asks MFs to include cash component in overall yield of debt schemes

Sebi had earlier expressed displeasure at fund houses depicting portfolio yield of debt schemes by leaving out yields on cash and cash equivalents

Markets in a vulnerable zone, full-fledged bear phase less likely: Analysts

Those at Motilal Oswal caution against the possible earnings downgrades going ahead due to the mobility restrictions, which they believe has 'muddied sentiment and impaired FY22 earnings visibility

Equity MFs see net inflows for second month but Rs 5.6K crore less

Experts blame the Covid wave for the decline in April; redemptions come down

PC Jeweller case: Sebi bars 4 individuals, 1 entity from securities mkt

Sebi on Tuesday imposed a total fine of Rs 1 crore on four individuals and an entity as well as barred them from the securities market for one year in a case of alleged insider trading activities

Sebi makes dividend distribution policy must for top 1,000 listed cos

To strengthen corporate governance practices and disclosure requirements, Sebi has notified new rules, including that top 1,000 listed firms will have to formulate a dividend distribution policy.