Page 2280 - Markets News
Market Ahead, Aug 10: Top factors that could guide markets this week
Among major earnings to be announced this week are Titan, Aurobindo Pharma, Bank of Baroda, BPCL, Hero MotoCorp, and MRF
 "Market Ahead, Aug 10: Top factors that could guide markets this week")
Trading ideas by Vaishali Parekh: Buy Cochin Shipyard, Graphite India
The stock of Cochin Shipyard has maintained a strong bottom near 320 levels and has given a bullish positive candle to imply strength
 "Trading ideas by Vaishali Parekh: Buy Cochin Shipyard, Graphite India")
NSE sets aside over Rs 4,000 cr of revenues from its co-location operations
Sebi had directed exchange to transfer this income to a bank account pending probe
 "NSE sets aside over Rs 4,000 cr of revenues from its co-location operations")
Canara Bank to hit market with equity offering of Rs 5,000 cr in Q4FY21
Lender plans to raise additional tier-I capital of Rs 1,500 crore each in second and third quarters of FY21
 "Canara Bank to hit market with equity offering of Rs 5,000 cr in Q4FY21")
Global risk-on sentiment to support Indian markets: Nischal Maheshwari
The risk-on sentiment has been fuelled by continuous liquidity injection provided by major central banks across the globe, especially the US Federal Reserve
 "Global risk-on sentiment to support Indian markets: Nischal Maheshwari")
Street signs: Liquidity boost for small-caps, tailwind for gold, and more
Those invested in YES Bank's Rs 15,000-crore follow-on public offering (FPO) had something to cheer last week
 "Street signs: Liquidity boost for small-caps, tailwind for gold, and more")
'Quality' stocks come at a premium, valuations have crossed pre-Covid level
The P/E for Bharti Airtel and Avenue Supermarts is currently below the pre-Covid levels. Reliance Industries, Cipla, Havells India, and Eicher Motors have seen the maximum P/E expansion
 "'Quality' stocks come at a premium, valuations have crossed pre-Covid level")
Improving realisations may help steelmakers forget Covid-19 memories
Improving realisations and cheaper raw material should help profitability, though domestic demand is yet to reach pre-Covid levels
 "Improving realisations may help steelmakers forget Covid-19 memories")
FPIs remain net buyers in first week of August; pump in Rs 8,327 crore
The corporate fundamentals have been improving over the quarter and making many bluechip companies attractive for FPI investors
 "FPIs remain net buyers in first week of August; pump in Rs 8,327 crore")
Macro data, firm earnings, global cues to guide markets this week: Experts
Besides, investors will keep tracking latest developments and trends on the Covid-19 pandemic front, like data on infection cases and fatality rates as well as update on vaccine trials
Weak US sales drags Lupin's Q1 show, revival hinges on key launches
The company reported a sharp 21 per cent decline in revenues in the US, much higher than its peers
 "Weak US sales drags Lupin's Q1 show, revival hinges on key launches")
Reliance Broadcast defaults to debt schemes of Franklin Templeton MF
In a note to investors, FT MF said that it was in the process of initiating appropriate enforcement action to recover dues from the issuer and other connected parties
 "Reliance Broadcast defaults to debt schemes of Franklin Templeton MF")
Faster business recovery reviving investor trust in Pidilite Industries
After almost zero business in April and some recovery in May, June was a month of significant recovery for Pidilite
 "Faster business recovery reviving investor trust in Pidilite Industries")
Varun Beverages: Good recovery, better margin outlook augur well for stock
Though out-of-home consumption is still under pressure due to the coronavirus pandemic, rising in-house consumption of carbonated soft drinks (CSD) is partly reducing the pressure on overall volumes
 "Varun Beverages: Good recovery, better margin outlook augur well for stock")
Tech companies could be brokers of tomorrow, says Zerodha's Nikhil Kamath
Retail investors enter the market ahead of a correction but this time could be different, says Nikhil Kamath.
 "Tech companies could be brokers of tomorrow, says Zerodha's Nikhil Kamath")
Mindspace REIT gains 10% on debut, units worth Rs 800 cr change hands
Hits an intra-day high of Rs 307 and a low of Rs 300 on NSE, before closing at Rs 303 a unit
 "Mindspace REIT gains 10% on debut, units worth Rs 800 cr change hands")
Sebi allows exchanges to regulate registered investment advisers
Advisors say move can help curb mis-selling through stock tips
 "Sebi allows exchanges to regulate registered investment advisers")
Sebi revises eligibility, shareholding limit for clearing corp at IFSC
The decision, aimed at streamlining the operations of IFSC, has been taken after consultation with stakeholders, the Securities and Exchange Board of India (Sebi) said in a circular
 "Sebi revises eligibility, shareholding limit for clearing corp at IFSC")
Companies raise Rs 1.55 trn via BSE bond platform in FY21 so far
During 2019-20, the platform was used by 116 issuers for garnering over Rs 4.33 trillion from commercial papers, and by 121 issuers for raising Rs 3.36 trillion via bonds
 "Companies raise Rs 1.55 trn via BSE bond platform in FY21 so far")
India's second REIT to encourage more builders to monetise assets: Experts
The participation of retail investors will also increase in future REITs, enabling them to earn dividend income from fully leased and listed commercial real estate
 "India's second REIT to encourage more builders to monetise assets: Experts")