Page 2007 - Markets News

Stove Kraft mobilises over Rs 185 cr from anchor investors ahead of IPO

Stove Kraft is a manufacturer of kitchen appliances

After the high, a big fall: Sensex's 11-week winning streak ends

Most global stocks dropped, with investors pruning their bullish bets as rising Covid-19 cases sparked concerns about corporate earnings and economic revival

Strong beat in Q3 brightens up Havells' prospects, revenue at all-time high

The recent surge in stock prices factors in key positives; await better entry point, advise analysts

Portfolio concentration weighs on Bandhan Bank, stock down 13% post results

Dependence on microfinance loans for growth is steadily increasing, which poses a risk in present environment

Chris Wood bullish on Indian equities despite runaway rally since March low

For the market to have a real nasty unwind at the global level, Wood believes there needs to be a catalyst in the form of an economic downturn or a material tightening in US Fed policy

Indigo Paints IPO: Attractive pricing fetches over 117 times bids

The qualified institutional buyer (QIB) portion of the issue was subscribed 190x, while the high networth individual or HNI segment was subscribed 263x

Home First IPO subscribed 2.2 times on substantial retail interest

The retail portion of the issue was subscribed 3.4 times, while institutional investor portion was subscribed 1.4 times

Covid-19 cess, higher spending: Brokerages' expectation from Budget 2021

Growth and not fiscal prudence, experts say, should be the priority for the government now

Investors trading in ETFs double in 2020, average daily turnover up 15%

Fund houses launched 14 ETFs and 5 index funds garnering assets in excess of Rs 11,600 crore last year

Biocon stock slides on poor Q3 results, exit of biologics arm's MD

From its previous close of Rs 441.95 apiece on Thursday, the stock closed 10.89 per cent or Rs 48.15 lower at Rs 393.80, on Friday

Sustained demand momentum to drive profit growth for Asian Paints

Analysts hike earnings estimates but remain cautious over its margins

Franklin Templeton's closures reflect poorly on India's capital markets

Failures like IL&FS, Yes Bank and Templeton have been absorbed by the Indian financial system, but at a cost

DCB Plus, partner settle case with Sebi; pay Rs 2.23 cr as charges

It was alleged that ECP III FVCI Pte Ltd had made delayed disclosures with respect to the acquisition of shares in Indostar Capital Finance.

UBS sells IndusInd Bank shares worth over Rs 366 crore on the open market

UBS Principal Capital Asia Ltd on Friday sold nearly 4 million (40 lakh) shares of IndusInd Bank Ltd

State-owned power giant NTPC to raise Rs 2,500 cr via bonds on Wednesday

The firm will raise the money through issuance of non-convertible bonds via private placement

Sensex, Nifty posts biggest monthly drop on global cues, weaker bank stocks

Sensex's 11 week winning streak ends; Axis Bank, SBI and ICICI Bank shed over than 3.4 per cent each

Market Wrap, Jan 22: Here's all that happened in the markets today

BSE Sensex plunged 790 points and hit a low of 48,835 levels. The index settled around day's low level of 48,878 levels, down 746 points or 1.5 per cent

Sensex ends at day's low, down 746 pts ; Bajaj Auto jumps 11%; RIL down 2%

Shares of Reliance Industries ended 2.4 per cent lower on Friday ahead of the announcement of its December quarter results. The shares have surged around 6 per cent during the week

Lower fees structure for investment advisors to kick in from April 1: Sebi

This applies to filing application and registration for individuals and corporates seeking a registered investment advisor status

Securitisation volume crosses Rs 26,000 crore in Q3: Crisil report

More originators entered the market and mutual funds started investing in new issuances, says a report