Page 1987 - Markets News
Top asset manager Vanguard invests Rs 2,660 cr in at least 26 Indian stocks
Market players said the buying could have been triggered by the FTSE rebalancing
 "Top asset manager Vanguard invests Rs 2,660 cr in at least 26 Indian stocks")
Entrants' rally fizzles out: IPOs listed since Sept down 20% from peak
Shares of Antony Waste, Mrs Bectors Food, Chemcon Speciality and Burger King are down about 40 per cent each
 "Entrants' rally fizzles out: IPOs listed since Sept down 20% from peak")
Easy Trip gains 10% on debut; analysts say HNIs made losses on IPO
The listing was muted compared to the oversubscription seen during the IPO
 "Easy Trip gains 10% on debut; analysts say HNIs made losses on IPO")
Oil prices edge higher after sell-off driven by demand concerns
Brent crude was up 31 cents, or 0.5 per cent, at $63.59 a barrel by 8:20 pm (IST)
 "Oil prices edge higher after sell-off driven by demand concerns")
L&T, ABB India: Analysts bet on capex-related plays amid economic revival
"Valuations for consumption stocks now appear stretched while the industrials sector still trades at historical averages," wrote Amish Shah of BofA Securities
 "L&T, ABB India: Analysts bet on capex-related plays amid economic revival")
Sebi directs 7 entities to disgorge Rs 5.75 cr unlawful gains in Ruchi case
Markets regulator Sebi on Friday directed seven entities to disgorge over Rs 5.75 crore of 'unlawful gains' made by them while indulging in manipulative trading in the shares of Ruchi Soya Industries
 "Sebi directs 7 entities to disgorge Rs 5.75 cr unlawful gains in Ruchi case")
Sebi bars 3 companies, 10 individuals for illegal fund raising activities
Regulator Sebi on Friday barred three companies and ten individuals from the securities market for illegally raising money from investors in the name of investments for teak trees.
 "Sebi bars 3 companies, 10 individuals for illegal fund raising activities")
RBI remains net purchaser of US dollar in January, buys $2.85 bn
The Reserve Bank of India (RBI) continued to remain net buyer of the US dollar in January
 "RBI remains net purchaser of US dollar in January, buys $2.85 bn")
Market Wrap, March 19: Here's all that happened in the markets today
Tracking sluggishness in the global markets, the domestic equity markets opened in a sea of red with the frontline indices dropping over a per cent
 "Market Wrap, March 19: Here's all that happened in the markets today")
Rupee settles almost flat at 72.52 against USD amid firmness in equities
The rupee ended on a flat note against the US dollar on Friday amid a firm trend in domestic equity markets
 "Rupee settles almost flat at 72.52 against USD amid firmness in equities")
Bulls return to D-St after 6 days; Sensex up 642 pts, Nifty tad below 14750
Mood on D Street changed after Moody's Analytics said India's economy is likely to grow by 12 per cent in CY2021 following a 7.1 per cent contraction last year
 "Bulls return to D-St after 6 days; Sensex up 642 pts, Nifty tad below 14750")
Aarti Drugs advances 15% as board approves buyback at Rs 1,000 per share
The board of directors has fixed April 1 as record date for ascertaining the shareholder who will participate in the proposed buyback.
 "Aarti Drugs advances 15% as board approves buyback at Rs 1,000 per share")
Godrej Properties hits 7-week low; shares fall below QIP price of Rs 1,450
The stock of Mumbai-based real estate developer was quoting lower for the sixth straight trading day
 "Godrej Properties hits 7-week low; shares fall below QIP price of Rs 1,450")
Stove Kraft tumbles for 10th straight day, down 26% from March high
Shares of Stove Kraft had staged a strong debut on the bourses on February 5 as the stock got listed at Rs 498, a 29 per cent premium over its issue price of Rs 385 on the NSE
 "Stove Kraft tumbles for 10th straight day, down 26% from March high")
Accenture Q2FY21 earnings: Five ways in which it can impact Indian IT
Accenture's Q2FY21 revenue beat, bookings at historically high and improvement in demand trends even in stressed verticals were among the key highlights from Accenture's Q2 show
 "Accenture Q2FY21 earnings: Five ways in which it can impact Indian IT")
Thomas Cook, BLS International: How to trade these travel-related stocks?
The weekly chart of Thomas Cook shows a consolidation breakout above Rs 40, indicating a positive outlook from a medium-term scale
 "Thomas Cook, BLS International: How to trade these travel-related stocks?")
Indo Count Industries shares soar 12% on Rs 200-crore capex plan
The company said that it decided to undertake expansion and modernization considering the increasing demand and growing business volume
 "Indo Count Industries shares soar 12% on Rs 200-crore capex plan")
Future group stocks slip as Delhi High Court puts RIL deal on hold
Future Retail (Rs 55.85), Future Lifestyle Fashions (Rs 64.85), Future Enterprises (Rs 8.60), and Future Consumer (Rs 6.42) were locked in 10 per cent lower circuit
 "Future group stocks slip as Delhi High Court puts RIL deal on hold")
Easy Trip Planners makes tepid debut, lists at 13% premium over issue price
The stock, which got listed at Rs 212 on the National Stock Exchange, hit the level of issue price (Rs 187) on the NSE in the intra-day trade
ICRA surges 9% after Parag Parikh Flexi Cap Fund buys stake
On March 18, PPFAS Mutual Fund A/C Parag Parikh Flexi Cap Fund purchased 201,655 shares, representing 2.09 per cent stake, in ICRA for Rs 56.06 crore
 "ICRA surges 9% after Parag Parikh Flexi Cap Fund buys stake")