Page 2018 - Markets News
Tata Motors, Tata Consumer: Tata Group stks may lead the next market rally
So far in the month of February, Tata Consumer Products, Tata Steel, and Tata Motor have outperformed the benchmark Nifty50 index by rallying between 12 per cent and 22 per cent
 "Tata Motors, Tata Consumer: Tata Group stks may lead the next market rally")
Disconnect between markets, real economy a global phenomenon: Sebi chief
He said the heavy fall in markets, followed by quick gains on the equity benchmarks since the onset of the pandemic is the sharpest V-shaped recovery in the last 30 years
 "Disconnect between markets, real economy a global phenomenon: Sebi chief")
Tata Chemicals hits fresh lifetime high; stock zooms 100% in 3 months
As per December 2020 shareholding pattern, Tata Sons increased its holding in Tata Chemicals to 31.90 per cent from 29.39 per cent in September quarter and 28.51 per cent at the end of June quarter
 "Tata Chemicals hits fresh lifetime high; stock zooms 100% in 3 months")
Bharti Airtel raises $1.25 bn through issue of dual tranche $ bond offering
Airtel has priced $750 million of senior 10.25-year bonds at a yield after adding 187.5 basis points (bps) over the US Treasury, for an implied coupon of 3.25 per cent
 "Bharti Airtel raises $1.25 bn through issue of dual tranche $ bond offering")
RCF surges 15% as ICRA reaffirms ratings with positive outlook
The revision in outlook to 'Positive' factors in the disbursal of additional subsidy announced under the Atma Nirbhar Bharat Package 3.0 announced for the fertilizer sector
 "RCF surges 15% as ICRA reaffirms ratings with positive outlook")
IIFL Securities up 40% in 2 days on winning bid to acquire Karvy's accounts
IIFL Securities will get 1.11 million demat accounts with custody value of Rs 3.01 trillion as on January 31, 2021, the company said
 "IIFL Securities up 40% in 2 days on winning bid to acquire Karvy's accounts")
Unavailability of online risk management system led to mkt shutdown: NSE
The exchange said it was continuously working on resolution of the problem and once the same was resolved, it made an announcement on re-opening of the markets
 "Unavailability of online risk management system led to mkt shutdown: NSE")
Crude oil's fate could be in hands of commodity supercycle
OPEC+ will have an important say in how the oil supercycle plays out. Oil prices are now at a level that could bring at least the smaller US operators back and even start to tempt renewed longer-cycle
 "Crude oil's fate could be in hands of commodity supercycle")
Max Financial surges 10% as Axis entities get nod for stake buy in Max Life
IRDAI has given its approval for the acquisition of up to 12 per cent stake in Max Life Insurance by Axis Bank and its subsidiaries Axis Capital and Axis Securities
 "Max Financial surges 10% as Axis entities get nod for stake buy in Max Life")
Stocks to watch: Nureca, Max Fin, Axis Bank, DRL, Dredging Corp, Affle
Wipro announced the appointment of Rene Mulder as Country Head and Managing Director of its Switzerland operations
 "Stocks to watch: Nureca, Max Fin, Axis Bank, DRL, Dredging Corp, Affle")
Market Ahead, February 25: All you need to know before the opening bell
Heranba Industries IPO was subscribed 2.74 times on the second day of bidding. The issue closes for subscription today
 "Market Ahead, February 25: All you need to know before the opening bell")
Top headlines: Bad bank's Swiss challenge method, pvt banks to get govt biz
India will start the next stage of vaccinating those above 60 years of age and those above 45 with comorbidities, such as diabetes and heart ailments, from March 1
 "Top headlines: Bad bank's Swiss challenge method, pvt banks to get govt biz")
Sebi, Finmin seek detailed report from NSE as trading halts due to glitch
The issue came to light less than an hour after normal trading had commenced, with several brokers complaining of freezing of live price feeds
 "Sebi, Finmin seek detailed report from NSE as trading halts due to glitch")
Weak Q3 show, margin pressures to keep Sanofi stock under pressure
Growth led by power brands and new launches could recover as pandemic impact wanes
 "Weak Q3 show, margin pressures to keep Sanofi stock under pressure")
Pure-play protection plans second fiddle to savings plan for life insurers
Growth in recent times is led by savings products, poised to give better returns that bank FDs
 "Pure-play protection plans second fiddle to savings plan for life insurers")
'Current yields will lead to mark-to-market losses for banks'
Rate hikes will be something which we can expect when the borrowing programme comes down and economic growth prospects are strong, Nagarjan said
 "'Current yields will lead to mark-to-market losses for banks'")
Unifying bond markets will allow use of common infra: Sebi's Ajay Tyagi
"Unification of government bond and corporate bond markets is an idea whose time has come," Tyagi said while speaking at CRISIL's 6th bond market seminar
 "Unifying bond markets will allow use of common infra: Sebi's Ajay Tyagi")
FATF commends Mauritius for progress on action plan despite pandemic
This has raised hopes that the country will be able to come out of the grey list some time this year
 "FATF commends Mauritius for progress on action plan despite pandemic")
IIFL bid wins Karvy's 1.1 million demat customers, Axis takes trading a/cs
Axis Securities' customer base to swell from 2.5 mn to over 3.6 mn; IIFL says well poised to service demat customers from Day-1
 "IIFL bid wins Karvy's 1.1 million demat customers, Axis takes trading a/cs")
From BSE to Tokyo Stock Exchange, here's a history of trading outages
Often the causes are software glitches, hardware failures and internet connectivity problems
 "From BSE to Tokyo Stock Exchange, here's a history of trading outages")