Page 2049 - Markets News

Rich valuations may weigh on Voltas' cool outlook despite stellar Q3 show

Analysts turn cautious following a near 40 per cent gain in last three months

Asset monetisation, sales uptick in US key triggers for Glenmark Pharma

The India business is expected to post double digit growth in FY22

Bitcoin crosses $50,000 for the first time as record rally continues

The world's largest cryptocurrency jumped as much as 4.9 per cent to $50,548 and is now up about 70 per cent, so far this year

Logistics firm Seven Islands files for Rs 600 crore public issue

The firm said it has filed papers with markets regulator Sebi for a public offering to raise up to Rs 600 crore

Sebi settles Axis Bank-United India Insurance case

The matter pertained to alleged lapses in disclosures with respect to change in promoter United India Insurance's shareholding in the private lender.

Emerging market ETFs rise for 15th straight week in $26.4-billion run

Inflows into ETFs that invest in India stood at $120 million, up 25% over the previous week

Brookfield REIT makes a tepid debut, units end 2% below issue price

Earlier this month, Brookfield Reit's Rs 3,800-crore IPO had garnered nearly eight times subscription

Global stock markets set for the longest winning streak since 2003

But Indian indices slip from record highs in volatile session

Credit Suisse upgrades India to overweight in APAC portfolio

Within Asia Pacific (ex-Japan), Credit Suisse is now biased towards second-phase Covid recovery markets-Korea, India, Australia, Singapore, and Hong Kong

Number of illiquid stocks down 20% since lockdown as pandemic squeeze eases

Investors looking to a quick buck in these stocks are unlikely to, as most companies' fundamentals are rarely tracked, says market expert. Think twice before investing here without adequate research

From Goldman Sachs to ICICI Sec: Why brokerages are bearish on Voda Idea

The debt-ridden telecom firm, on Saturday, reported narrowing of consolidated loss to Rs 4,532.1 crore in Q3FY21, mainly on account of a one-time gain from stake sale in Indus Towers

Heranba Industries IPO to open on Feb 23; to raise Rs 625 crore

The price band for the initial public offer has been fixed at Rs 626-627 per share

Crisil upgrades long-term debt rating of Muthoot Finance to AA positive

Crisil Ratings has upgraded its ratings on long-term debt facilities of Muthoot Finance to AA positive with a stable outlook from AA

Market Wrap, Feb 16: Here's all that happened in the markets today

From its fresh record high level of 52,517, touched earlier today, the S&P BSE Sensex tanked 650 points to hit a low of 51,864. The index, however, settled at 52,104 levels, down 50 points or 0.1 per

Sensex ends flat after volatile trade, holds 52k; IT stks dip, metals shine

The broader markets ended higher today with the S&P BSE MidCap and SmallCap indices settling 0.2 per cent and 0.43 per cent up, respectively

Asian shares extend gains on global optimism, vaccine hopes

Asian shares advanced on Tuesday, lifted by the economic recovery, vaccine rollouts and signs that new coronavirus cases may be abating

Varun Beverages narrows loss to Rs 7 cr in December quarter; shares skid 4%

Ebitda increased by 48.8 per cent to Rs 172.23 crore from Rs 115.74 crore reported in Q4CY20. Ebitda margins, too, improved by 346 bps in Q42020

SAT stays SEBI's ban on Kishore Biyani, other Future promoters from markets

SAT has directed Future Group promoters to deposit a sum of Rs 11 crore as an interim measure. The case will now come up on April 12, 2021

SIS shares rally 9% as firm announces Rs 100 crore buyback plan

he firm has set the buyback price at Rs 550 per share which is 29 per cent higher than its previous close of Rs 426.15

Bank of Maharashtra, IOB: Privatisation buzz sparks rally; should you buy?

The overall trend is optimistic till the Nifty PSU index defends the support of 2,000 mark on the closing basis