Page 2284 - Markets News

US equity funds outperform domestic schemes amid volatile markets

Mid-cap funds have delivered returns of 1.14 per cent as broader market indices put on a better showing than the 30-share Sensex in May

Surprise index signals emerging market stocks rally may have more legs

The surprise index has tended to be a leading indicator for the performance of developing-nation equities

RBI seeks clarity from govt on Taiwan's foreign direct investment status

The political and legal status of Taiwan is a contentious issue, with China seeing Taiwan as a breakaway province that will eventually be part of the country again

Despite Moody's rating downgrade, indicators point to rupee revival

Currency dealers say the Reserve Bank of India (RBI) intervened in the currency markets, and may have even bought some bonds anonymously from the secondary markets.

RIL rights issue oversubscribed nearly 1.3 times with one day still to go

Reliance Industries Ltd's Rs 53,124 crore rights issue, which has already been oversubscribed, on Tuesday received further bids for 8.8 crore

Sebi allows N Ravichandran to subscribe shares in RIL's rights issue

In addition, he has been permitted to convert the physical share certificates held by him into the Demat form within three months

Market Wrap, June 2: Here's all that happened in the markets today

BSE Sensex rallied 522 points or 1.57 per cent to 33,825.53 levels, thanks to buying in financial counters such as HDFC, HDFC Bank, ICICI Bank, Bajaj Finance, Axis Bank

Vodafone Idea soars 20% on heavy volumes, hits 6-month high

The stock has rallied 35 per cent in the past three days.

Financials lead in Sensex's 522-pt rally; Nifty ends 153 pts up at 9,979

All that happened in the markets today

IndiGo Q4 preview: Analysts see loss up to Rs 2,600 cr amid Covid-19 woes

Rise in fuel costs due to depreciation of rupee during the quarter, slight decline in passenger load factor, but marginal expansion in fleet capacity are some other factors that could affect earnings

VST Tillers freezes at 20% upper circuit ahead of May sales numbers

The company had posted strong sales in April 2020 with total sales climbing 51 per cent YoY to 1,089 units from 721 units in April 2019.

TCS, Pidilite, MCX, EID Parry: 42 stocks that are 10% away from 52-wk highs

Britannia has broken out of the consolidation range of Rs 3,400 to Rs 2,400 levels while Escorts witnesses buying above the resistance level of Rs 900.

Analysts ride two-wheeler stocks for gains as India eases Covid-19 lockdown

Expected demand pick-up in tier-II and tier-III cities as well as preference for personal mobility amid the Covid-19 health concerns are the top two factors that would drive the demand, analysts say.

Nifty Pharma gains 2.5%, crosses 10K mark for the 1st time since Oct 2018

Aurobindo Pharma, Biocon, Cipla, and JB Chemicals & Pharmaceuticals hit their respective 52-week highs on the NSE on Tuesday.

Adani Green surges 5%, hits record high on no material impact of Covid-19

The company doesn't expect any issue in servicing the debt and other financing arrangements.

Tata Power gains nearly 7% as it completes 51% stake buy in Odisha's TPCODL

TPCODL was incorporated on April 6, 2020 as a wholly-owned subsidiary of GRIDCO Limited (GRIDCO) to carry out the business of Central Electricity Supply Utility of Odisha (CESU).

Mahindra & Mahindra rallies 10% in 2 days on healthy tractor sales in May

The timely relaxation of the lockdown for the agricultural sector ensured speedy recovery of tractor demand during May.

Stocks to watch: RIL, IndiGo, Britannia, Hero Moto, Wipro, Coal India, NCC

Here's a look at the top stocks that may remain in focus today

Moody's downgrade: Expect bouts of correction; sell-off in markets unlikely

Stock markets generally discount an outcome a few months in advance. They might have seen the bottom in March, unless a more ferocious second wave results in a fresh lockdown, writes Ambareesh Baliga

Moody's downgrade of India's sovereign debt had been on cards for months

In comparative terms, India has been a laggard among Emerging Markets in 2020. The downgrade just makes the task of its economic recovery a little more daunting