Page 2241 - Markets News

India Inc debt inches up 3.7% in FY20, deleveraging limited to a few firms

There was also an uptick in companies' gross debt-equity ratio on higher borrowings while profits declined for several companies last fiscal

Sebi broadbases investors, relaxes ownership norms for bourses in GIFT City

Regulator expands shareholding limits of stock exchanges desirous of operating in IFSC

Nifty dominance by top stocks at a record, four sectors grab lion's share

Top-5 and 10 stocks account for 42% and 62% respectively; up from 37% and 56% two year ago

Oil slips 2% as resurgent Covid-19 makes investors worry about US demand

Brent crude futures fell 85 cents, or 2 per cent, to $42.44 a barrel by 12:58 p.m

Irdai sets up panel to study feasibility of forming a 'pandemic risk pool'

The group has to submit its report on the subject in the next eight weeks

Wall Street slips as surging virus cases dent recovery hopes; Dow falls 1%

The Labor Department's most timely data on the economy showed 1.31 million Americans filed for state unemployment benefits in the latest week

TCS: Q1 profit slips 13.8% YoY to Rs 7,008 cr, wins deals worth $6.9 bn

The company also announced an interim dividend of Rs 5 per equity share.

Market Wrap, July 9: Here's all that happened in the markets today

BSE Sensex today gained 409 points or over 1 per cent to settle at 36,738 with SBI (up 4 per cent) being the top gainer and ONGC (down over 1 per cent) the biggest loser

Sebi plans to hire agency to revamp IT infra network, communication systems

Spelling out the eligibility criteria, Sebi said the bidder should be a registered entity,in operation for at least three years and should have successfully implemented similar projects

MARKET WRAP: Financials lift indices, Sensex gains 409 pts; TCS ends flat

All that happened in the markets today

Granules India surges 7%, hits record high on heavy volumes

The trading volumes on the counter more-than-doubled with a combined 6.6 million shares changing hands on the NSE and BSE till 02:43 pm

CBDT, SEBI to exchange data, call their agreement 'beginning of a new era'

'Any information' available in the databases of the two organisations can be shared on request for access.

HDFC AMC, Nippon Life AMC decline as equity fund inflows tumble in June

Nippon Life Asset Management slipped 4 per cent to Rs 291, while HDFC AMC dropped 3 per cent to Rs 2,490 in the intra-day trade on the BSE.

Godrej Properties, DLF, Sobha: Trading strategies for realty counters

Realty stocks are trading mixed at the bourses on Thursday. While Unitech, HDIL, NBCC and DLF lost ground, Indiabulls Real Esate, Brigade Enterprises, Ansal Properties and Oberoi Realty gained ground

Can Fin Homes shares gain 4% as Company to consider fundraising on July 17

For the quarter ended March 2020, Can Fin Homes had reported a 37.5 per cent jump in net profit at Rs 90.91 crore

Oil steady as coronavirus lockdown fears offset gasoline recovery signs

Brent crude futures edged up 2 cents, or 0.05%, to $43.31, after gaining 0.5% on Wednesday

YES Bank shares jump 5% as Rs 15,000 crore FPO to open on July 15

Moreover, SBI's board has given approval for a maximum investment of up to Rs 1,760 crore in YES Bank's FPO

Alkyl Amines, Dixon, Escorts, L&T Infotech, Tata Consumer hit record highs

Escorts and Alkyl Amines Chemicals gained 3% today, surging over 60% in the past three months on the BSE.

Metal stocks rally: SAIL jumps 6%; Tata Steel, Hindalco, JSPL gain up to 4%

Tata Steel, Vedanta, JSW Steel, and Nalco were up in the range of 2.7 - 3.2 per cent.

IRB Infra Developers hits 52-week high; stock zooms 84% in one month

The company said it is well poised and geared up to win a large number of BOT projects in the upcoming bids, which will ensure a steady growth in execution as well as Toll revenues in the long term