Page 2105 - Markets News

Two stock recommendations by Vaishali Parekh of Prabhudas Lilladher

The stock of SBI Cards has taken support near 770 levels to make a double bottom formation pattern in the daily chart and has picked up momentum to improve the bias

Five of top-10 firms lose Rs 1,07,160 crore in m-cap; RIL top laggard

Reliance Industries (RIL) emerged as the biggest loser

Discount model the new mantra for broking firms to gain market share

Kotak Securities (KSL), a full-service broker, on Thursday announced the launch of its Trade-Free Plan, with zero brokerage on intraday trades and Rs 20 per order for all other F&O trades

Global fund managers expect emerging markets to outperform in 2021

While the S&P500 index of the US is the best-performing, with gains of 10 per cent, the MSCI EM index has gained 8.5 per cent year-to-date

Commodity Picks: 23 November, 2020

Soybean prices at the benchmark Indore market are trading at Rs 4,565 per quintal; Chana prices are trading at Rs 5,205 per quintal in the Delhi market

Market valuations have become demanding: IIFL Securities MD R Venkataraman

R VENKATARAMAN, managing director at IIFL Securities, tells Puneet Wadhwa in an interview that small-caps could outperform their large-cap peers due to a risk-on rally

Street signs: Market uptrend intact, opportunity in TCS buyback, and more

Several brokerages are advising their retail clients to buy shares of TCS to benefit from the arbitrage opportunity created by its Rs 16,000-crore share repurchase programme

Small towns account for 16% of MF asset base; Maharashtra contributes most

Assets from B30 locations increased to Rs 4.61 trillion as of October-end from Rs 4.47 trillion at September-end, a 3 per cent growth.

Covid-19 vaccine, related updates, F&O expiry to drive D-Street next week

Bourses are likely to witness bouts of buying in the lower order stocks hinting a catch-up rally

Sebi mulls lower dilution, 5 years for achieving 25% float for large IPOs

Currently, a company with post-listing market capitalisation of Rs 4,000 crore, needs to offer at least 10 per cent stake to public shareholders

We continue to prefer medium-to-long end bonds: Saurabh Bhatia, DSP Inv Mgr

As the yield curve is very steep, Bhatia expects returns in the near-term to be driven by demand-supply of bonds rather than prospects of change in repo rates

Strategy to enhance presence in all-weather categories could benefit Emami

Momentum in existing products, market share gains are other triggers

High margins of plastic pipe makers unlikely to sustain going forward

Volume recovery and cost rationalisation may offset some of the pressure on margins

Most Nifty firms trading above 200-day moving average, shows data

According to Bloomberg data, about 86 per cent of the Nifty components are currently trading above their 200-day moving average (DMA) - a key technical indicator to study long-term trend of a stock

Gland Pharma makes strong market debut on Friday, stock rises 21%

The post-listing market capitalisation for the company stands at Rs 29,848 crore, helping it break into the top 10 valuable pharma firms in the country

Sensex, Nifty bounce back after a day's pause, log weekly rise

A recovering rupee and unabated foreign fund inflows added to the momentum, traders said. After a choppy session, the Sensex ended 282.29 points, or 0.65 per cent higher, at 43,882.3

Sebi tweaks delisting regulations to plug gaps in existing framework

The regulator said the practice of giving an indicative price for the delisting bid can be formalised

Sebi targets analyst meets, proposes steps to curb information asymmetry

Companies will need to make an audio or video recordings for all such meets

Gold set for longest slump since March with ETF assets slipping

"We see downside risks building for gold's price," analysts from Morgan Stanley said in a note, citing higher yields next year in addition to Covid-19 vaccines

Reopening of physical gold markets hits sovereign gold bonds' demand

August sales were the highest ever in a month since launch