Page 2258 - Markets News

Nifty outlook and stock pick by HDFC Sec: Buy Dr Reddy's Labs, L&T Infotech

Looking at the strong setup on the medium term charts, it would be advisable to buy Nifty around 9,900, for the upside target of 10,300.

IPO offers dry up amid Covid-19 scare; filings with Sebi lowest in 6 years

So far this year, only seven companies, looking to raise less than Rs 6,500 crore, have filed their DRHPs

After 16% rally in three weeks, analysts turn cautious on small-caps

Of the 685 stocks from the smallcap index, more than half or 429 stocks beat the index by gaining over 16 per cent during the period.

Sebi relaxes FPO rules temporarily to help firms raise additional capital

The markets regulator said firms with average market capitalisation of Rs 500 crore will now be eligible to bring out an FPO under the fast track record

63 moons offers trading software Odin at 50% discount as NSE shuts NOW

The move comes a day after the National Stock Exchange announced that it would discontinue NOW trading platform from mid-September

Gujarat HC order stays e-voting process on Franklin MF wound-up schemes

Fund house confirms the e-voting process to remain suspended till further notice

Investing in global funds will provide diversification, better returns

Dollar assets also make sense if you are planning to settle abroad

Divi's Laboratories: Margins likely to remain subdued, say analysts

Margins to get better once supplies start from expanded capacities next year

Titan's Q4 margin surprise fails to impress over pressure in jewellery biz

Expectations of margin pressure, mainly in jewellery business, which contributes over 80% of Titan's overall operating profit, is a key reason why the Street is worried.

How 1996 World Cup is back to haunt foreign portfolio investors

The Budget earlier this year announced a 20% withholding tax on dividends paid to FPIs

Nifty50 finds it tough to breach 10,300 after hitting intra-day high

Market players said the Nifty has run into technical resistance of 10,300, which happens to be its 100-day moving average

Speculative bets rise on Voda Idea as investors, traders eye quick gains

Analysts say retail investors need to be wary as given the large quantum of debt on the company's books, such bets could backfire unless investors are able to efficiently time their entry and exits

Telecom sector may remain three-player market, Vodafone Idea seen surviving

ARPU gains, hopes of government intervention and upgrades for Vodafone Idea strengthen Street's view

Covid-19: Securitisation volumes to shrink 30-40% this fiscal, says Icra

According to ICRA, the total volumes are expected to be Rs 1.2-1.4 trillion in FY21, as against Rs 2 trillion in the last fiscal year

Bond and currency dealers baulk at the thought of joining back office

While an official rule allows only 10% staff in office on any working day, trading typically requires dealer presence on the floor. And banking is an essential service

FDI from Cayman Islands to India jumps three-fold to $3.7 bn in 2019-20

India had received FDI worth $1 billion in 2018-19 and $1.23 billion in 2017-18 from the Cayman Islands, which is UK Overseas Territory

MARKET WRAP: Sensex drops 855 pts from day's high on broad-based sell-off

All that happened in the markets today

E-vote on winding up Franklin Templeton MF's debt schemes suspended

The unitholders' meet that was to be held on June 12 has also been deferred

ITC advances 4%, hits over 3-month high; stock surges 30% in one month

The stock was up 4% at Rs 206 on the BSE, and was trading at its highest level since February 25, 2020

Affle India to acquire Singapore-based Appnext; stock jumps 5%

Affle will initially acquire 66.67 per cent equity ownership in Appnext Singapore, with a clear path to acquire 100 per cent equity ownership upon attainment of mutually agreed growth target