Page 2132 - Markets News

Sebi penalises Kirloskar promoters over alleged breach of securities norms

Over a dozen individuals and entities asked to cough up Rs 31 crore in penalty and disgorgement

No merit in relaxing 10% cap on single stock investment: Sebi chief

Says cap is meant for diversification, and just because some scrip is outperforming is no reason to raise the ceiling

Mutual fund distributors may need to rename firms after Amfi order

The move follows the decision taken by markets regulator Securities and Exchange Board of India (Sebi) to separate distribution and advisory functions in the MF industry

Hindustan Copper board to consider raising funds by issue of shares via QIP

This will be to the extent of 15 per cent of existing paid up equity capital, the state-owned company said in a filing to BSE

Firms from India's western region lead fundraising spurt from stock market

Accounts for 97% of over Rs 75K crore raised via 19 issuances so far in FY21

FPIs prune exposure in tobacco stocks over high taxes, greater ESG focus

ESG investing, or "sustainable investing" is about responsible business conduct, and cigarette firms were globally being screened out by this class of investors

FCI garners Rs 8,000 cr via issuance of bonds on private placement basis

State-owned Food Corporation of India (FCI) on Wednesday raised Rs 8,000 crore through issuance of bonds on private placement basis using BSE BOND platform.

Several MF distributors may have to go for name change after Amfi diktat

Amfi has barred them from using nomenclatures that have references to advisors, following Sebi move to separate distribution and advisory for the Rs 27-trillion industry

Sebi chief says market recovery since lows of March is broad-based

Sebi chief Ajay Tyagi on Wednesday said there are some positives in the story as well, and termed the recovery since March as 'broad-based'

Strong Q2 show helps railways post positive revenue in passenger segment

For the first time in the current FY, the railways' earnings in the passenger segment have come out of the red by recording a second-quarter revenue of Rs 2,325 crore, an RTI query has revealed.

Yesterday's laggards may be post-pandemic winners: IDFC AMC's Anoop Bhaskar

In a Q&A, the head-equities, Fund Management at the firm, says companies have proactively cut costs, so there may be a positive surprise on the margin front

Market Wrap, Oct 21: Here's all that happened in the markets today

BSE Sensex was at 40,707 levels, up 163 points or 0.4 per cent with Power Grid, Bharti Airtel, and Tata Steel ending the day as top gainers on the 30-share index

Fin sector must reduce reliance on banking system for fundraise: Sebi chief

t would be a challenging task to achieve the government''s target of having Rs 100 trillion investments in infrastructure by 2024-25 unless the bond market is adequately developed, Tyagi added

MARKETS: Metal, realty stocks shine in choppy trade; Sensex ends 163 pts up

All that happened in the markets today

UltraTech Cement trades firm on strong operational performance in Q2

The company's consolidated net profit more than doubled at Rs 1,234 crore in Q2FY21, against Rs 579 crore in Q2FY20.

Newgen Software zooms 20% on robust September quarter results

Ebitda margin improved to 26.5 per cent from 5.9 per cent, due to strong cost rationalisation initiatives undertaken by the company

Metal shares extend gain on demand recovery; Jindal Steel, Tata Steel up 4%

In the past one week, Nifty Metal index has outpaced the market by surging 8 per cent, as against 0.28 per cent gain in the Nifty50 index

Larsen & Toubro Infotech surges 6% on healthy September quarter results

The board declared first interim dividend for the financial year 2020-21 of Rs 15 per share of face value of Re 1 each

Tata Teleservices (Maharashtra) zooms 72% in 3 days, hits 52-week high

Till 10:31 am, a combined 19 million shares, representing 3.8 per cent of the company's total free-float equity, had changed hands on the BSE and NSE

Just Dial, Info Edge, IndiaMart: Trading strategies for buzzing stocks

In the past 18 trading days (since September 25), Just Dial has zoomed 70 per cent after its promoter & director, Anita Mani acquired more than 1 per cent stake in the company through open market