Page 1987 - Markets News

India, Philippines most vulnerable in a taper tantrum-like scenario: S&P

One mitigating factor for both countries is that current accounts are stronger relative to normal levels, notes S&P

AT1 bonds: Over Rs 11,000 cr worth call option due for SBI in FY22

Here is look at outstanding AT1 bonds of select banks and amount for call option in due in FY22

Advisors push AT1 bonds to HNIs to take advantage of surge in yields

Yields of perpetual bonds issued by State Bank of India and Bank of Baroda, for instance, have gone up by as much as 80-90 basis points (bps), and top recommendation lists of most managers

Morgan Stanley becomes first major US bank to offer access to bitcoin funds

In an internal memo, the bank told its financial advisers it would launch access to three funds allowing ownership of Bitcoin

Analysts see the tide turning for Reliance Industries stock

Reliance Industries' stock: Among 36 analysts' recommendations on Bloomberg, 24 recommend buying the stock

Sebi bans Ashika Capital from accepting new clients for 3 months

Markets regulator Sebi on Wednesday prohibited Ashika Capital from accepting any new clients for three months for lapses in its role as a merchant banker in the IPO of Sudar Industries.

CA Rover Holdings sells 4.25% stake in SBI Cards for Rs 3,943 cr

CA Rover Holdings on Wednesday divested 4.25 per cent stake in SBI Cards and Payment Services Ltd for Rs 3,943 crore through an open market transaction.

Investor wealth tumbles by over Rs 5.55 trn in four days of market decline

In four days, the benchmark has fallen by 1,477.89 points or 2.88 per cent

Market Wrap, March 17: Here's all that happened in the markets today

A sharp selloff engulfed domestic markets in the second half of the trading session amid fears that a second-wave of Covid-19 infections could derail India's already fragile economic recovery

Campaign group asks S&P to review Adani Ports in DJ Sustainability index

Environmental campaign group Market Forces has asked S&P Global to review the inclusion of India's Adani Ports and Special Economic Zone Ltd in a Dow Jones Sustainability Index

Perpetual bonds and why they are in news: All you need to know

Business Standard's Samie Modak explains in detail why perpetual bonds are in news. Listen to the podcast

Bears rule D-St for 4th day; Sensex tanks 562 pts in broad-based sell-off

All the sectoral indices ended the day in the red with the Nifty Realty, Metal, and PSU Bank indices dropping up to 3 per cent

Deepak Fertilisers scales 30-month high as promoter hikes stake

Robust Marketing Services Private Limited, the promoter of the company, acquired 685,872 equity shares worth of Rs 13.16 crore through open market between February 25 and March 13.

Delta Corp hits 14-month high, surges 36% so far in March

Ace investor Rakesh Jhunjhunwala (4.31 per cent) and his wife Rekha Jhunjhunwala (3.19 per cent) collectively held a 7.5 per cent stake in Delta Corp at the end of December quarter

Jewellery stocks lose sheen amid renewed Covid-19 restriction, muted demand

Jewellery stocks: With gold prices bottoming out and demand facing headwinds, analysts expect volatility in the jewellery space to continue. That said, they stay optimistic on Titan & Kalyan Jewellers

Vedanta hits 52-week high after promoter raises open offer price

Vedanta Resources Plc has raised the open offer price for buying shares in flagship Indian firm to Rs 235 per share from Rs 160 per share earlier

SC orders restoration of MF units to Dalmia Bharat Group; stock zooms 11%

The Supreme Court on Tuesday ordered IL&FS Securities Services to release mutual fund units worth Rs 344 crore to the Dalmia Bharat Group

Avenue Supermarts, Blue Dart: Strategies for Radhakishan Damani-owned stks

Here are trading strategies for key stocks held by Radhakishan Damani. Do you own them as well?

Indigo Paints hits lowest level since listing, slips 29% from all-time high

The stock was trading lower for the fourth straight day, down 5.5 per cent during the period

GMM Pfaudler gains 8% on acquiring HDO Technologies' assets for Rs 58 crore

The facility is located in Vatva, Ahmedabad and is equipped to manufacture a wide range of heavy engineering equipment