Page 2036 - Markets News
Asian stocks step back from record highs on rising bond yield, weak US data
MSCI's broadest index of Asia Pacific shares outside of Japan was last down 0.1per cent at 733.67 from a record high of 745.89 touched on Thursday
 "Asian stocks step back from record highs on rising bond yield, weak US data")
Stocks to watch: Bharti Airtel, IDFC First Bank, NMDC, Ambuja Cements, DLF
NMDC announced resuming mining operations at its Donimalai iron ore mine in Karnataka
 "Stocks to watch: Bharti Airtel, IDFC First Bank, NMDC, Ambuja Cements, DLF")
Market Ahead, February 19: All you need to know before the opening bell
Telecom stocks will be in focus after latest TRAI data showed that Airtel added as many as 5.5 million regularly paying users in December over the preceding month
 "Market Ahead, February 19: All you need to know before the opening bell")
LIC Housing wins in valuation, but its asset quality a drag: Analysts
Lender's capitalisation may restrict growth and it's asset quality could be worse if a Supreme Court order is disregarded.
 "LIC Housing wins in valuation, but its asset quality a drag: Analysts")
'Broking industry offers enough for all players to grow and be profitable'
Today, barely 3 per cent of our population currently invests in stocks or mutual funds; we see great opportunity to expand
 "'Broking industry offers enough for all players to grow and be profitable'")
Nomura prefers India over Korea; ups rating to overweight in Asia portfolio
The key standout for India, Nomura believes, is the solid consensus' earnings revision trends. Alongside a focus on reforms and measures to attract foreign direct investment (FDI) flows.
 "Nomura prefers India over Korea; ups rating to overweight in Asia portfolio")
Amid privatisation buzz, Nifty PSU Bank index extends gains to 42% in Feb
On Thursday, the Nifty PSU Bank index, a gauge for the performance of state-owned banking stocks, rose 5.6 per cent
 "Amid privatisation buzz, Nifty PSU Bank index extends gains to 42% in Feb")
Sensex skids for third day as global rally stalls; Nifty ends below 15,200
Banking and finance stocks bore the brunt of heavy selling, with HDFC twins being the top drags on the Sensex for the second day
 "Sensex skids for third day as global rally stalls; Nifty ends below 15,200")
Wealthy PF investors may opt for debt funds as Budget changes tax rule
Budget proposes that interest on the PF contributions (employee contribution) above Rs 2.5 lakh per annum be taxable with from April 1, 2021
 "Wealthy PF investors may opt for debt funds as Budget changes tax rule")
RailTel IPO subscribed 42 times; firm heads for Rs 3,000 cr valuation
The institutional investor portion of the IPO was subscribed 65 times and the high-net-worth individual (HNI) portion was subscribed 73 times
 "RailTel IPO subscribed 42 times; firm heads for Rs 3,000 cr valuation")
PLI boost sends Dixon Technologies, Amber Enterprises stocks soaring
Shares of the two companies have rallied close to 600 per cent and 260 per cent from 2020, raising doubts over further gains
 "PLI boost sends Dixon Technologies, Amber Enterprises stocks soaring")
BS READS: Some mistakes India must avoid this time to make DFIs a success
Now that DFIs are making a comeback, three key issues will be crucial for their success -the availability of long-term funds at a reasonable cost, private-sector ownership, and professional management
 "BS READS: Some mistakes India must avoid this time to make DFIs a success")
Sebi cancels Kolar Sharex, Rajkumar C. Basantani as stock brokers
Markets regulator Sebi on Thursday cancelled the registration of Kolar Sharex Pvt Ltd as stock broker for violating market norms
 "Sebi cancels Kolar Sharex, Rajkumar C. Basantani as stock brokers")
Pumping in $33.8 bn so far this fiscal, FPIs' holding at record $592.5 bn
Inflows are highest since FY15
 "Pumping in $33.8 bn so far this fiscal, FPIs' holding at record $592.5 bn")
CS, Nomura turn 'overweight' on India; how much upside can one expect?
How much more meaningful upside can we anticipate for the market? In this podcast, Jyoti Roy, DVP Equity Strategist at Angel Broking answers this and more
 "CS, Nomura turn 'overweight' on India; how much upside can one expect?")
Market Wrap, Feb 18: Here's all that happened in the markets today
BSE Sensex tanked 379 points today to settle at 51,325 levels. From the day's high of 51,904, the index skid over 700 points to hit a low of 51,187
 "Market Wrap, Feb 18: Here's all that happened in the markets today")
Sensex slips for 3rd day, drops 379 pts, Nifty defends 15,100; ONGC up 8%
Sectorally, the Nifty PSU Bank index jumped another 5.6 per cent today, while the Nifty CPSE and Energy indices settled up to 4 per cent higher
 "Sensex slips for 3rd day, drops 379 pts, Nifty defends 15,100; ONGC up 8%")
SBI Cards' m-cap surpasses Rs 1-trillion mark as stock hits new high
At 03:29 pm, SBI Cards recorded an m-cap of Rs 1.01 trillion and stood at 34th position in the overall ranking, BSE data showed
 "SBI Cards' m-cap surpasses Rs 1-trillion mark as stock hits new high")
Tejas Networks gains 10% on government nod to PLI scheme for telecom sector
The PLI scheme for telecom gear will lead to an incremental production of around Rs 2.4 trillion, with exports of around Rs 2 trillion in the next five years
 "Tejas Networks gains 10% on government nod to PLI scheme for telecom sector")
ONGC, BPCL, HPCL: Oil and Gas stocks could surge up to 30%, charts show
Technical indicators suggest further upside in the S&P BSE Oil and Gas index towards 15,800 to 16,000 levels.
 "ONGC, BPCL, HPCL: Oil and Gas stocks could surge up to 30%, charts show")