Page 2108 - Markets News

Analysts bullish on mid-and small-caps; expect outperformance in 2021

The S&P BSE Small-cap index has outperformed with a rally of 86 per cent from its lowest intra-day level in March 2020 to 16,003 levels now.

T Rowe Price signs agreement to acquire majority stake in UTI Trustee

The deal will give it over 51 per cent stake in the trustee even as the stake of three public sector shareholders will fall to under 10 per cent in UTI Trustee Company

Reforms create room for higher foreign allocation to India: Morgan Stanley

Equity strategist says improved hopes on growth may be an opportunity for those who had pared their India bets in recent years

RBI's out-of-the-box solutions may strengthen India's banking sector

Whether YES Bank, PMC Bank or LVB, year 2020 has seen the regulator taking market-oriented solutions to rescue failed banks

Market regulator asks bourses to increase the size of IPF corpus

Market regulator Sebi has directed stock exchanges to enhance their investor protection fund (IPF) corpus

DSP to hit market with open-ended value fund with 35% in global stocks

NFO opens Nov 20 and closes Dec 4; scheme starts with Nifty500 as universe

Economic momentum will be lost through 2021: CLSA

India has the weakest growth in fiscal 2020 of countries that we forecast at 15 per cent, but the strongest fiscal 2021 forecast at +14.5 per cent, CLSA said

This hottest India internet stock is surging on back of startup investments

Info Edge India climbed to a record on Tuesday and is the top gainer this month on the National Stock Exchange's 10-member IT index. The company runs Naukri.com, nation's leading job-hunting platform

Market Wrap, Nov 18: Here's all that happened in the markets today

There's no stopping the bulls as the markets scaled yet another fresh peak on Wednesday

Sensex gains 227 pts, ends above 44K, Nifty settles at 12,938; M&M up 11%

All that happened in the markets today

Bitcoin breaks $18,000 as rally powers on, all-time high in sight

Bitcoin is now close to its all-time high of just under $20,000

Bajaj Finance nears record high; stock surges 44% in one month

Analysts' outlook on Bajaj Finance's long-term prospects remains positive.

Franklin Templeton MF's six shut schemes garner Rs 941 cr in fortnight

Franklin Templeton MF shut six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market

Aditya Birla Capital: High on diversification, not much on conviction

Lending businesses accounting for about half of its valuations remain laggards

Tata Motors hits nine-month high; stock advances 33% in one month

Analysts believe the company will benefit from an improving demand outlook, cost-cutting initiatives, and better FCF generation.

Tanla Platforms advances 5%, hits record high as two PE firms pick stake

On November 17, 2020, Banyan Investments sold 15 million equity shares, representing 11 per cent of total equity capital of Tanla Platforms, for Rs 587 crore

Mahindra & Mahindra to make new K2 series tractors; stock hits 52-week high

The company said its Farm Equipment Sector will manufacture a new tractor series called the 'K2', exclusively at the company's tractor manufacturing facility at Zaheerabad in the state of Telangana.

HDFC twins, Bajaj group stocks have more upside ahead, charts suggest

HDFC twins are nearing all-time highs while Bajaj group stocks have seen a tremendous surge in the ongoing November series.

Larsen & Toubro advances 4% on winning new order from Tata Steel

The construction and mining equipment business of the company has secured one of its biggest orders ever to supply 46 units of Komatsu Mining Equipment from Tata Steel

Adani Gas zooms 37% in two days; stock hits fresh record high

In the past month, the stock has rallied 82 per cent, against a 10 per cent rise in the S&P BSE Sensex.