Page 1978 - Markets News
Panacea Biotec zooms 20% as company to make 100 mn Sputnik V doses yearly
The Russian Direct Investment Fund and Panacea Biotec announced cooperation to produce 100 million doses per year of Sputnik V
 "Panacea Biotec zooms 20% as company to make 100 mn Sputnik V doses yearly")
Stocks to watch: Ircon Int'l, Panacea Biotech, HDFC, JSPL, Burger King
Ircon International board approved the issue of bonus shares in the ratio of 1:1
 "Stocks to watch: Ircon Int'l, Panacea Biotech, HDFC, JSPL, Burger King")
Market Ahead, April 6: All you need to know before the Opening Bell
The Russian Direct Investment Fund has signed an agreement with Panacea Biotec to produce 100 million doses per year of Sputnik V vaccine in India
 "Market Ahead, April 6: All you need to know before the Opening Bell")
Maharashtra Covid-19 curbs sink markets; Sensex falls over 1,400 points
"The semi-lockdown by the Maharashtra government has made investors nervous," said Jyoti Jaipuria, founder, Valentis Advisors
 "Maharashtra Covid-19 curbs sink markets; Sensex falls over 1,400 points")
Advertising recovery, near-term gains from IPL to support Sun TV stock
Subscription growth is expected to remain healthy in the near term
 "Advertising recovery, near-term gains from IPL to support Sun TV stock")
US FDA nod to Teva for key specialty product to weigh on Sun Pharma
Strong US portfolio, margin gains and India business growth to support stock
 "US FDA nod to Teva for key specialty product to weigh on Sun Pharma")
Record-setting $49 billion Asia IPO boom likely to taper off, shows data
Asian companies, like their global peers, notched their best first quarter for listings ever, thanks to a flood of liquidity during the pandemic, super-low interest rates, and rallying stock markets
 "Record-setting $49 billion Asia IPO boom likely to taper off, shows data")
Infosys m-cap tops Rs 6 trillion, shares end at record high of Rs 1,140
Infosys' shares have outperformed Sensex both on YTD and one-year basis, with a gain of 12.3% and 2.2x, respectively. In comparison, Sensex is up 2.7% and 63.5% on YTD and one-year basis
 "Infosys m-cap tops Rs 6 trillion, shares end at record high of Rs 1,140")
Use market volatility and correction to invest for the long-term: Analysts
On Monday, the markets tumbled with the frontline indices - the S&P BSE Sensex and the Nifty50 - slipping over 2 per cent each in intraday trade
 "Use market volatility and correction to invest for the long-term: Analysts")
'Longer duration funds may not be able to perform like they did last year'
Investors should stay true to their asset-allocation for investing for long-term goals. They may look at accrual-oriented funds, like the low duration and short-term funds
 "'Longer duration funds may not be able to perform like they did last year'")
Block deals: FPIs to seek review in the wake of the Archegos debacle
Late last month, global banks, including Goldman Sachs, Morgan Stanley, Nomura, and Credit Suisse, were forced to sell more than $20 billion worth of shares through a series of block deals
 "Block deals: FPIs to seek review in the wake of the Archegos debacle")
Oil falls before Iran nuclear deal talks while coronavirus risks weigh
Futures in New York fell as much as 3 per cent on Monday
 "Oil falls before Iran nuclear deal talks while coronavirus risks weigh")
Tata Motors DVR, SKF India may be included in MSCI Smallcap index
Other notable high impact potential additions include the likes of Asahi India Glass, Elgi Equipments, Solar Industries, Shriram City Union, Grindwell Norton, GSFC, Route Mobile and Sheela Foam
FPIs increase exposure in Tata Steel, SAIL on surge in steel prices
In Tata Steel, FPI holding was up by 5.69% and in SAIL by 0.93% between October and December; in JSPL and JSW Steel, it was marginally down by 0.72% and 0.03%, respectively
 "FPIs increase exposure in Tata Steel, SAIL on surge in steel prices")
Investors' wealth tumbles more than Rs 2.16 trillion as markets crash
Investors' wealth tumbled over Rs 2.16 trillion at close of trade on Monday as markets crashed amid a sharp spike in coronavirus cases in the country
 "Investors' wealth tumbles more than Rs 2.16 trillion as markets crash")
Market Wrap, April 5: Here's all that happened in the markets today
BSE Sensex dropped 1,449 points in the intra-day deals to hit a low of 48,581 amid heavy selling in banking, financial services, and realty counters
 "Market Wrap, April 5: Here's all that happened in the markets today")
Covid-19 tames D-St bulls; Sensex tumbles 871 pts; IT stocks climb
The overall market breadth on the BSE was in the ratio of 1:2 with two stocks falling against every stock that rose, as against a 1:4 ratio on the 30-share index
 "Covid-19 tames D-St bulls; Sensex tumbles 871 pts; IT stocks climb")
Key factors that led to a market crash on Monday
The selling in the market was mostly broad-based, with only stocks from the information technology (IT) sector managing to hold their head above water
 "Key factors that led to a market crash on Monday")
This smallcap infra stock has surged over 130% thus far in 2021
Likhitha Infrastructure hit a record high of Rs 393, rallied 15 per cent on the BSE in intra-day trade on Monday, surging 23 per cent in past two trading days.
 "This smallcap infra stock has surged over 130% thus far in 2021")
Sebi's framework to curb instances of stock market spoofing kicks off
The new framework to curb instances of stock market spoofing kicked off on Monday, whereby serial offenders could face trading disablement of 15 minutes to two hours
 "Sebi's framework to curb instances of stock market spoofing kicks off")