Page 2202 - Markets News
India-focused offshore funds, ETFs see $1.5-billion outflow in Q1
These funds saw a net outflow of $1.5 billion, as against net outflow of $5 billion seen in the previous quarter
 "India-focused offshore funds, ETFs see $1.5-billion outflow in Q1")
Have the markets topped out? Here's what leading brokerages think
Though most analysts expect the global central banks to keep the liquidity tap open that should keep the markets supported, valuations of the Indian markets, they say, are beginning to look stretched
 "Have the markets topped out? Here's what leading brokerages think")
Indices fall over 1% after US Fed's warning on Covid-19 spooks investors
The US central bank's warning saw investors taking money off the table
 "Indices fall over 1% after US Fed's warning on Covid-19 spooks investors")
Mid- and small-cap funds outperform large-caps in three months to Aug 19
Since March 23 market lows, small-cap funds have given nearly 52% returns
 "Mid- and small-cap funds outperform large-caps in three months to Aug 19")
SBI Life, Divi's Laboratories to move in Nifty 50 index from Sept 25
Bharti Infratel and Zee Entertainment Enterprises will be dropped from the Nifty 50, NSE Indices said in a statement
 "SBI Life, Divi's Laboratories to move in Nifty 50 index from Sept 25")
India-focused offshore funds, ETFs see $1.5 bn outflow in June quarter
The total outflow from the category has reached to $6.5 billion so far in this calendar year (until June 2020), which is noticeably higher than the $5.9 billion outflow in the full 2019 calendar year
 "India-focused offshore funds, ETFs see $1.5 bn outflow in June quarter")
IRB InvIT Fund reports 44% decline in net profit at Rs 24 crore
IRB InvIT Fund on Thursday reported a 44.14 per cent decline in its net profit to Rs 23.91 crore for the quarter ended June on the back of lower toll collections due to coronavirus-induced lockdown.
 "IRB InvIT Fund reports 44% decline in net profit at Rs 24 crore")
Gift vouchers, trading credits: Brokers scramble to attract clients
They are spending Rs 2,000 per head to attract customers
 "Gift vouchers, trading credits: Brokers scramble to attract clients")
Market Wrap, August 20: Here's all that happened in the markets today
HDFC Ltd (down over 2 per cent) ended as the biggest loser on the Sensex while NTPC (up nearly 7 per cent) was the top gainer
 "Market Wrap, August 20: Here's all that happened in the markets today")
MARKET WRAP: Sensex slips 394 pts amid weak global cues; RIL declines 1.7%
All that happened in the markets today
 "MARKET WRAP: Sensex slips 394 pts amid weak global cues; RIL declines 1.7%")
KNR Constructions soars 17% in 3 days; analysts see 21% upside in stk price
Analysts believe the company is well-placed to execute projects much better than its peers given its ability to win orders and maintain healthy margins
 "KNR Constructions soars 17% in 3 days; analysts see 21% upside in stk price")
Aarti Drugs leaps 15%, hits new high as board approves 3:1 bonus shares
The company will intimate the "Record Date" for determining eligible shareholders entitled to receive bonus shares in due course
 "Aarti Drugs leaps 15%, hits new high as board approves 3:1 bonus shares")
Hotel re-opening hope post Covid-19 fires up EIH, Lemon Tree, Chalet Hotels
According to reports, the Delhi Disaster Management Authority on Wednesday approved re-opening of all hotels in the capital besides allowing weekly markets on a trial basis
 "Hotel re-opening hope post Covid-19 fires up EIH, Lemon Tree, Chalet Hotels")
IndiaMART InterMESH up 4% after MOFSL initiates coverage with "BUY" rating
Shares of IndiaMart InterMesh were listed on the bourses in July 2019. The initial public offering (IPO) of the company had received a strong response with bids for 97 million shares.
 "IndiaMART InterMESH up 4% after MOFSL initiates coverage with \"BUY\" rating")
Is India inching closer to inclusion in the Global Bond Index?
The nervousness in the bond markets on account of higher inflation, larger supply of bonds in H2 and absence of RBI OMOs so far is evident
 "Is India inching closer to inclusion in the Global Bond Index?")
Sebi proposes to increase minimum free float for firms post-insolvency
Sebi proposal follows surge in Ruchi Soya stockprice; higher disclosure norms on the cards
 "Sebi proposes to increase minimum free float for firms post-insolvency")
Power stks zoom as Cabinet ups lending limits for discoms; Tata Power up 8%
Currently, discoms can borrow only up to 25 per cent of their previous year's working capital under the limits stipulated in the UDAY scheme. The limit, however, has now been relaxed
 "Power stks zoom as Cabinet ups lending limits for discoms; Tata Power up 8%")
Packaging stocks in focus; Everest Kanto up 10%, Cosmo Films hits new high
Cosmo Films gained 1.82 per cent to its fresh all-time high of Rs 488.95 on the BSE after announcing its June quarter earnings
 "Packaging stocks in focus; Everest Kanto up 10%, Cosmo Films hits new high")
Muthoot Finance shares slip 5% after June quarter result; brokerages mixed
For the quarter ended June 2020, Muthoot Finance posted a 53.46 per cent YoY rise in its consolidated net profit at Rs 853.51 crore.
 "Muthoot Finance shares slip 5% after June quarter result; brokerages mixed")
Most sugar stocks rise in trade; Shree Renuka Sugars gains over 3%
According to Crisil, sugar offtake in the current sugar season is expected to remain more or less at last season levels despite the Covid-19 pandemic
 "Most sugar stocks rise in trade; Shree Renuka Sugars gains over 3%")