Page 1977 - Markets News
Indian shares inch up ahead of central bank rate decision
Indian shares inched higher on Wednesday, ahead of a RBI decision that could leave interest rates at record lows, as a surge in coronavirus cases sparked fears about the impact on economic growth
 "Indian shares inch up ahead of central bank rate decision")
Stocks to watch: Barbeque Nation, RIL, Airtel, Tata Steel, Inox Leisure
CARE Ratings has assigned Wockhardt's proposed non-convertible debenture issue of Rs 200 crore a rating of 'BBB-, with a stable outlook
 "Stocks to watch: Barbeque Nation, RIL, Airtel, Tata Steel, Inox Leisure")
'Nifty's direction will be clear once it breaks the range of 14,500-14,800'
It is better to take stock-specific approach as the Nifty index is likely to remain choppy. Midcap and Smallcap Indices are expected to outperform
 "'Nifty's direction will be clear once it breaks the range of 14,500-14,800'")
Market Ahead, April 7: All you need to know before the Opening Bell
Shares of Barbeque Nation Hospitality will debut on the bourses today. The Rs 453-crore public issue was subscribed 5.98 times during March 24-26
 "Market Ahead, April 7: All you need to know before the Opening Bell")
Bajaj Finance: Signs of full-blown recovery aren't convincing enough
Pace of new customer addition up in Q4, though new loans acquired lags year-ago level
 "Bajaj Finance: Signs of full-blown recovery aren't convincing enough")
Demand recovery, new launches help Sobha deliver record performance
Stock gains 16 per cent on Q4 show, expectations of sharp reduction in debt
 "Demand recovery, new launches help Sobha deliver record performance")
At Rs 2.74 trillion, FPI flows surpass previous best in FY13: Govt
Policy initiatives and economic revival boosted foreign investment, says finance ministry
 "At Rs 2.74 trillion, FPI flows surpass previous best in FY13: Govt")
'Know Your Customer' data upload: Foreign investors seek exemption
The RBI had in December said that all regulated entities have to upload 'Know Your Customer' data pertaining to the accounts of legal entities opened on or after April 1, 2021
 "'Know Your Customer' data upload: Foreign investors seek exemption")
Adani group combined market cap tops $100 billion
Currently, only Tata group, HDFC group and Mukesh Ambani-led Reliance group have higher market cap at the group level
 "Adani group combined market cap tops $100 billion")
India Inc must separate CMD post, deadline won't be extended: Sebi
The Securities and Exchange Board of India (Sebi) has asked Indian companies to work towards separating the roles of chairperson and managing director (MD)
 "India Inc must separate CMD post, deadline won't be extended: Sebi")
MFs log strong 19% AUM growth at Rs 32.1 trillion in March quarter
SBI cements pole spot, widens lead over HDFC MF; Among top 10, Axis MF has logged highest growth in average AUM at 42% to Rs 1.96 trillion
 "MFs log strong 19% AUM growth at Rs 32.1 trillion in March quarter")
Macrotech Developers' IPO draws mixed response from brokerages
The firm is one of India's largest developers by residential sales value for FY14 to FY20. Its core business is residential real estate development with focus on affordable and mid-income housing
 "Macrotech Developers' IPO draws mixed response from brokerages")
Stocks of diagnostic chains factoring in near-term positives: Analysts
They say it will be a good strategy to exit these stocks at least for now. Over the long-run, however, Dr Lal Pathlabs, Metropolis Healthcare and Thyrocare Tech still offer room for growth
 "Stocks of diagnostic chains factoring in near-term positives: Analysts")
Corporates garner Rs 18.56 trillion via BSE platforms in FY 21
Indian corporates raised over Rs 18.56 lakh crore in 2020-21 through BSE platforms amid COVID-19, a surge of 53 per cent from the preceding fiscal, the exchange said on Tuesday.
 "Corporates garner Rs 18.56 trillion via BSE platforms in FY 21")
PE funding dips 7.7% to $3.44 bn across 260 deals in March quarter
Fund infusion by private equity funds declined almost 8 per cent in the March quarter this year to USD 3.44 billion across 260 deals, according to industry data.
 "PE funding dips 7.7% to $3.44 bn across 260 deals in March quarter")
Sebi modifies framework for limited purpose clearing corporation by MFs
Markets regulator Sebi on Tuesday tweaked its framework pertaining to contribution of asset management companies (AMCs) for setting up of limited purpose clearing corporation by mutual funds
 "Sebi modifies framework for limited purpose clearing corporation by MFs")
Market Wrap, April 6: Here's all that happened in the markets today
Indices pared gained and ended mildly higher soon after the Delhi government imposed night curfew in the city till April 30 with immediate effect in the wake of rising coronavirus cases
 "Market Wrap, April 6: Here's all that happened in the markets today")
Investors bet on FMCG, pharma amid Covid-led restrictions; Sensex up 42 pts
The broader markets, however, braved the volatility and settled higher. The S&P BSE MidCap and SmallCap indices added 1 per cent and 0.8 per cent, respectively by close.
 "Investors bet on FMCG, pharma amid Covid-led restrictions; Sensex up 42 pts")
This stock from Dolly Khanna's portfolio has rallied 121% so far in 2021
Dolly Khanna acquired 161,336 equity shares or 1.26 per cent stake in Neuland Lab during the quarter ended March 2021
 "This stock from Dolly Khanna's portfolio has rallied 121% so far in 2021")
Bajaj Finance up 2% on AUM growth in March qtr; adds 2.3 mn new customers
New loans booked during Q4FY21 were 5.5 million as against 6 million in Q4FY20
 "Bajaj Finance up 2% on AUM growth in March qtr; adds 2.3 mn new customers")