Page 1993 - Markets News

Indian shares surge on financial boost; IDBI Bank stocks jumps over 17%

The Nifty Bank Index added 1.28% and is up more than 17% since February. HDFC Bank Ltd was the top boost to the Nifty 50, rising 1.7%

Sensex rallies over 500 pts in early trade; Nifty tops 15,300

The 30-share BSE index was trading 503.28 points or 0.98 per cent higher at 51,782.79, and the broader NSE Nifty was quoting 144.35 points or 0.95 per cent up at 15,319.15

Dixon Tech hits record high ahead of stock split; up 609% from Mar'20 low

The stock hit a record high of Rs 20,564, having gained 8% in the past three trading days, after the company fixed March 19, 2021 as the record date for 1:5 stock split

IDBI Bank surges 17% as RBI removes lender from PCA framework

IDBI Bank's exit from the PCA framework eases the rules for lender to expand its business

Asian stocks up as Joe Biden signs stimulus; lower yields boost tech

MSCI's broadest gauge index of Asia-Pacific shares outside Japan gained 0.45% on Friday morning, supported by tech gains

Stocks to watch: IDBI Bank, M&M, Prestige Estates, SBI Life, Quick Heal

M&M has got a green signal from the Reserve Bank of India to reduce its ownership in Korean automaker SsangYong Motor

Market Ahead, March 12: Top factors that could guide markets today

The Dow Jones Industrial Average rose 0.58%, the S&P 500 gained 1.04% and the Nasdaq Composite added 2.52%

Decoded: What is SPAC and is it the real thing or a misplaced hype?

Special Purpose Acquisition Companies, or SPACs, are listed shell companies created with the sole purpose to acquire unlisted or private companies and then merge with the latter

IDBI Bank, out of PCA, faces tightrope act between growth and reducing NPAs

Deck clears for government's stake sale; improvement in lender's finances key to invoke investor interest

Investors continue to be bullish on gold ETFs; invest Rs 491 crore in Feb

Prior to this, gold ETFs had seen an outflow of Rs 141 crore in November, Association of Mutual Funds in India data showed

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.