Page 2124 - Markets News
Global stocks sweat out election nailbiter; safe-haven bonds get bid
Investors had initially wagered that a possible Democratic sweep by Biden could ease political risk while promising a huge boost to fiscal stimulus
 "Global stocks sweat out election nailbiter; safe-haven bonds get bid")
Emerging mkt stocks swing between gains and losses ahead of US poll verdict
For Dhiraj Bajaj, head of Asia fixed income at Lombard Odier, growing expectations of a Trump victory or a Biden win without a Democratic sweep, means the upside for emerging markets will be capped.
 "Emerging mkt stocks swing between gains and losses ahead of US poll verdict")
Volatility grips US stock futures as election heads down to the wire
US stock index futures were up but off earlier highs in choppy trading, with Nasdaq futures outperforming
 "Volatility grips US stock futures as election heads down to the wire")
Asian equities except India see outflows in October on US election jitters
Foreign investors turned net buyers of Indian equities as slowing Covid-19 cases boosted hopes of a faster economic recovery, while other Asian equities faced outflows ahead of the US election
 "Asian equities except India see outflows in October on US election jitters")
Dabur India nears 52-week high on strong volume growth in September qtr
The stock has rallied 5% in two trading days, quoting close to its 52-week high level of Rs 535 touched on October 6, 2020
 "Dabur India nears 52-week high on strong volume growth in September qtr")
CARE Ratings freezes at 20% upper circuit on heavy volumes post Q2 results
The board has approved the payment of an interim dividend of Rs 8 per equity share of the face value of Rs 10 each for the financial year 2020-21.
 "CARE Ratings freezes at 20% upper circuit on heavy volumes post Q2 results")
Rupee slumps 33 paise to 74.74 against the US dollar in early trade
The rupee depreciated 33 paise to 74.74 against the US dollar in opening trade, tracking strong American currency ahead of the US Presidential election results
 "Rupee slumps 33 paise to 74.74 against the US dollar in early trade")
UPL dips 12% in three days post Q2 results; stock hits over four-month low
The company reported a lower-than-expected operational and profit performance in September quarter (Q2FY21)
 "UPL dips 12% in three days post Q2 results; stock hits over four-month low")
Sebi issues circular on 'due diligence' framework for debenture trustees
Markets regulator Sebi came out with a framework for creation of security for listed debt securities and 'due diligence' that needs to be carried out by debenture trustees
 "Sebi issues circular on 'due diligence' framework for debenture trustees")
Sun Pharma gains 10% in two days on healthy September quarter results
The company said that sales of specialty products have improved sequentially with Ilumya and Cequa reaching pre-Covid levels
 "Sun Pharma gains 10% in two days on healthy September quarter results")
Stocks to watch: PVR, Adani Ports, SBI, Ajanta Pharma, IT stocks, Lupin
Here's a list of stocks that may trade actively in today's session.
 "Stocks to watch: PVR, Adani Ports, SBI, Ajanta Pharma, IT stocks, Lupin")
Market Ahead, November 4: All you need to know before the opening bell
A total of 91 companies including State Bank of India, Lupin, and Adani Enterprises, are scheduled to announce their quarterly results today
 "Market Ahead, November 4: All you need to know before the opening bell")
SBI to report Q2 result today; here's what leading brokerages expect
Lower growth in net interest income, muted loan growth, an unchanged net interest margin, and decline in operating profit may mark the quarter, say analysts
 "SBI to report Q2 result today; here's what leading brokerages expect")
Emerging market ETFs see outflows after four weeks ahead of US elections
US-listed EM ETFs that invest across developing nations, as well as those that target specific countries lost $103 million in the week ended October 30
 "Emerging market ETFs see outflows after four weeks ahead of US elections")
Gold prices rise by Rs 55 to Rs 50,735 in Delhi, silver gains by Rs 170
In the previous trade, the precious metal had closed at Rs 50,680 per 10 gram.
 "Gold prices rise by Rs 55 to Rs 50,735 in Delhi, silver gains by Rs 170")
Growth or Margin? Life insurers' conundrum in the September quarter
Strong premium income growth of SBI Life and HDFC Life in Q2 cements the Street's conviction, and at 27.4% VNB margin I-Pru Life surprises investors
 "Growth or Margin? Life insurers' conundrum in the September quarter")
Pick up in ad revenue growth, regional share key for Zee Entertainment
Street will also keep an eye out on cash flow improvement in the coming quarters
 "Pick up in ad revenue growth, regional share key for Zee Entertainment")
JSPL: Reduction in net debt expected to drive re-rating, say analysts
Rising volumes, expanded capacities, operating leverage, better realisation and debt reduction to aid earnings
 "JSPL: Reduction in net debt expected to drive re-rating, say analysts")
Bankrupt, grounded Jet Airways is world's best performing airline stock
Stock in Mumbai-listed Jet Airways has surged almost 150 per cent this year versus a 42 per cent plunge in the 27-member Bloomberg World Airlines Index, which comprises the globe's biggest carriers
 "Bankrupt, grounded Jet Airways is world's best performing airline stock")
Credit Suisse cuts stance on IT, healthcare; turns bullish on banks
In June, the brokerage had turned bullish on IT citing low P/E
 "Credit Suisse cuts stance on IT, healthcare; turns bullish on banks")