Page 1993 - Markets News

Gold 'failing' as equity hedge, faces risks: Global money manager BlackRock

Bullion is proving to be a less effective hedge against moves in other assets, such as stocks, as well as inflation, according to Russ Koesterich, portfolio manager for BlackRock

Kalyan Jewellers' IPO opens on March 16; price band fixed at Rs 86-87

Promoter TS Kalyanaraman is selling shares worth Rs 125 crore and Warburg Pincus is selling shares worth Rs 250 crore in the IPO

Asian stocks trail their US peers for third week, shows data

While a rout in Chinese equities and global concerns about rising Treasury yields have weighed on shares in Asia, the US market is seen getting a boost from an impending $1.9 trillion stimulus plan

SIP closures rise to highest in February as investors see dull return

A SIP lets investors commit a fixed sum every month, compared to putting in a large sum at once.

Close-ended equity funds bet on economy reviving, now disappoint investors

Data shows 10 out of 17 close-ended schemes maturing before July have seen one-year returns between 34 and 40 per cent

Kalyan Jewellers Rs 1,175-cr IPO opens on Mar 16; price band Rs 86-87/share

Kalyan Jewellers India Ltd on Thursday fixed a price band of Rs 86-87 a share for its Rs 1,175 crore-initial share-sale, which will open for public subscription on March 16

Size of average buyout deals grows smaller in 2021: Refinitiv data

Deals have been coming in at the rate of one every three days

Covid impact: Sebi may give overseas roadshow a miss, again

The regulator typically meets overseas investors in the US and UK in the first half of a financial year, and had opted for a virtual meet last year too

Rate-hike bets in India escalate ahead of possible global tightening

Five-year interest-rate swaps jumped 63 basis points in February, reflecting growing expectations of a tighter monetary policy

JB Chemicals: New launches, market share gains to drive growth

Key chronic segments have helped the JB Chemicals outperform the Indian pharma market.

Ola Electric's scooter could lead to market share loss for existing players

Ola Electric's scooter: Pricing would be critical as cost is the biggest deterrent at present

Sebi extends Central KYC Registry to legal entities

Sebi on Wednesday asked regulated entities to upload 'Know Your Customer' data pertaining to accounts of legal entities opened on or after April 1, onto the Central KYC Registry

NSE becomes co-promoter in IGX, buys 26% stake in gas trading hub

The exchange has with over 500 registered clients and 15 members

Sebi limits MF investments in debt instruments with special features

In a circular, the market regulator said that no MF under all its schemes shall own more than 10 per cent of AT1 bonds issued by a single issuer

Easy Trip Planners IPO subscribed 159.30 times so far on last day

Easy Trip Planners' initial public offer was subscribed a whopping 159.30 times so far on the last day of subscription

Explained: What is driving so many retail investors to the IPO market?

Flurry of activity in post-Covid era, average retail applications for 20 issues since Sept have nearly tripled

Sensex, Nifty rise for third straight day tracking global markets

At the closing bell, the BSE gauge quoted 254.03 points or 0.50 per cent higher at 51,279.51 - taking its three-session gains to 874.19 points or 1.73 per cent

Demand-driven rise in crude oil prices is good for equity markets: Analysts

From around $35 a barrel on March 13, 2020, Brent oil prices have jumped 91 per cent to around $67 a barrel now

Godrej Properties shares trim early gains; close mixed on bourses

The stock of Godrej Properties trimmed most of its early gains and closed on a mixed note on Wednesday.

UBS signals risk of India stocks trailing bonds over next 12 months

'While the economic recovery momentum is good, we believe equity markets in India are beginning to appear stretched on valuations,' says Sunil Tirumalai of UBS