Page 2006 - Markets News

Oil prices decline as dollar firms up; gold hits eight-month low

Spot gold was trading at 1,729.20 an ounce, down 2.39 per cent, in international market at 9 pm IST - the lowest since June 26 at $1,755.45

IDFC First Bank: Meeting asset quality norm key to sustain re-rating drive

Proforma NPA in Q3 stood at 4.18 per cent; retail NPA of 3.88 per cent is the highest among top 7 private peers

Brokers' body asks Sebi for status quo on peak margin norms

Says there have been no reported instances of defaults under the current system

Rising bond yields, commodity prices to cap market upside, say analysts

According to a recent report by BofA Securities, 31 Nifty50 companies are exposed to commodity-related risks and cautions that the full impact of the rise in commodity prices is yet to play out

Market sell-off brings back memories of the 2013 'taper tantrum'

In 2012, India had seen foreign portfolio investor (FPI) flows of Rs 1.3 trillion ($24.5 billion) and in 2013 about Rs 1.1 trillion ($20 billion)

Higher bond yields in the US led to lower Nifty P/E, shows data

Bond yields in the US are up nearly 100 basis points from their lows in June last year, while the Nifty P/E remains close to a 25-year high of around 40x

RaiTel shares soar 28% on debut to end a tad over Rs 120 in a tepid market

The stock touched a high of Rs 128 and a low of Rs 101 on the NSE, where over Rs 1,500 crore worth of shares changed hands

Demand trajectory, valuations weigh on Page Ind despite stellar Q3 show

The company posted a strong Q3 led by higher athleisure sales

Rupee slumps on equity sell-off, bond yields rise on global cues

Primary dealers had to again rescue 5-yr notes even as RBI went for uniform price-based auction

National Stock Exchange defends communication over exchange shutdown

NSE defended its communication over the reopening of the bourse after an unexpected shutdown this week

Rupee logs worst day in nearly 19 mths, dives 104 paise against USD

A rout in global bond markets weighed on investor sentiments

Stock market crash wipes off Rs 5.3 trillion of investor wealth

The benchmark BSE Sensex crashed more than 1,900 points

Indian rupee, bonds weaken tracking US treasuries; more falls likely

India's central bank governor told investors on Wednesday to trust the bank to manage the government's massive borrowing programme

Market Wrap, Feb 26: Here's all that happened in the markets today

The Sensex and the Nifty indices posted weekly losses for the second straight week, down 3.5 per cent and 3 per cent, respectively

Gold declines Rs 342; silver falls by Rs 2,007 amid selling in int'l market

Gold prices on Friday declined to Rs 45,599 per 10 grams in the national capital

Indices log biggest 1-day fall in 9 mths; Sensex sinks 1,939 pts, holds 49K

In the intra-day trade, the benchmark S&P BSE Sensex tumbled 2,149 points while the Nifty50 index slumped 629 points

Bond yields, US air strike: What dragged the Sensex 1,939 pts lower today

A rise in commodity prices has fanned inflation risks, pushing bond yields higher. That apart, the US launched airstrikes in Syria on Thursday, which further dented global mood

Eveready Inds zooms 20% on the back of heavy volumes; stock hits 2-yr high

The trading volumes on the counter jumped over 10-fold with a combined around 5.2 million equity shares, representing 7.1 per cent of total equity of Eveready Industries, changing hands on the NSE and

IIFL Finance to open public issue of bonds next week to raise Rs 1,000 cr

The firm said it will launch a public issue of bonds next week to raise up to Rs 1,000 crore to augment its capital base

Here's why Nifty Bank index tanked 5% on NSE amid rising bond yields

10-year government bond yield hardened to 6.23 per cent on Friday, up 0.05 per cent from 6.18 per cent on Thursday, February 25