Page 2312 - Markets News
Return money to investors as soon as possible: Sebi to Franklin Templeton
Over Rs 25,000 crore ($3.3 billion) worth of investments belonging to 300,000 investors are currently stuck in the six debt schemes wound up by the fund house
 "Return money to investors as soon as possible: Sebi to Franklin Templeton")
Sugar exports rise on weak rupee, strong demand from Indonesia, Iran
Sugar mills have already dispatched 3.7 million tonnes out of around 4.1 million tonnes of contracts signed for exports in the 2019/20 marketing year ending on September 30
 "Sugar exports rise on weak rupee, strong demand from Indonesia, Iran")
Quint gets listed via little-known trading firm promoted by Raghav Bahl
In a related-party transaction, Raghav Bahl transfers digital content business from an unlisted firm to a listed one
 "Quint gets listed via little-known trading firm promoted by Raghav Bahl")
RIL's valuation premium hits all-time high of 830 bps; stock rises over 3%
It is trading at nearly 28 times its trailing earnings per share against Sensex's 19.4
 "RIL's valuation premium hits all-time high of 830 bps; stock rises over 3%")
Heavy lifting by SBI, others fail to do the trick for YES Bank
Though stock gained over 6%, Q4 numbers gave investors nothing to cheer about
 "Heavy lifting by SBI, others fail to do the trick for YES Bank")
Targeted liquidity for NBFCs, MFs to ease systemic stress, says R Sivakumar
The outflows seen in March are a quarterly and annual phenomenon whereby some institutional and corporate investors redeem and re-invest at the start of the new quarter/year, says Sivakumar
 "Targeted liquidity for NBFCs, MFs to ease systemic stress, says R Sivakumar")
Inflows in equity mutual funds plunge 25% to Rs 83,781 cr in FY20
This was the sixth successive year of net inflows in equity mutual funds
 "Inflows in equity mutual funds plunge 25% to Rs 83,781 cr in FY20")
Blue chips see cuts in target prices; half of Nifty sees cuts of over 15%
According to data from Bloomberg, banks have seen among the sharpest cuts in target prices -- between 16 and 60 per cent.
 "Blue chips see cuts in target prices; half of Nifty sees cuts of over 15%")
Market Wrap, May 7: Here's all that happened in the markets today
Bank of England's statement that Britain could be headed for its biggest economic slump in over 300 years due to the coronavirus lockdown also weighed on the investor sentiment
MARKETS: Sensex down 242 pts, Nifty ends at 9,199; FMCG, financials decline
All that happened in the markets today
 "MARKETS: Sensex down 242 pts, Nifty ends at 9,199; FMCG, financials decline")
Hindustan Unilever ends 1% lower after GSK sells stake in open market deal
According to the term sheet, an over 133 million shares - 5.7 per cent of the total equity shares - are being offered in the range of Rs 1,850-1,950 to investors through a special block window.
 "Hindustan Unilever ends 1% lower after GSK sells stake in open market deal")
Paint stocks trade weak on concern of demand destruction in near term
Asian Paints, Berger Paints India, Kansai Nerolac Paints and Akzo Nobel India slipped in the range of 2 per cent and 5 per cent on the BSE.
 "Paint stocks trade weak on concern of demand destruction in near term")
After a weak April, cement demand to fall by 10-12 per cent in FY21
Experts say that the cement demand during the first quarter of the financial year is typically led by housing (60-65 per cent), followed by infrastructure segment (20-25 per cent).
 "After a weak April, cement demand to fall by 10-12 per cent in FY21")
YES Bank logs Rs 2,629 cr net profit in Q4 on one-time gain; stk jumps 20%
The earnings were better than what most of the analysts had expected. Kotak Securities, for instance, estimated the private lender to log net loss at Rs 4,404.4 crore in the quarter under review
 "YES Bank logs Rs 2,629 cr net profit in Q4 on one-time gain; stk jumps 20%")
AU Small Finance hits new low, slips 14% in 4 days post March qtr results
Analysts believe the bank will be unable to maintain high AUM growth and will likely see a sharp rise in credit cost & deterioration in incremental deposit mix, amid the current lockdown
 "AU Small Finance hits new low, slips 14% in 4 days post March qtr results")
Varun Beverages extends fall, slips 7% on weak volume growth in March qtr
Organic volumes for the company got severely impacted in the last 10 days of March due to the spread of Covid-19 and the subsequent lockdown restrictions, the company said.
 "Varun Beverages extends fall, slips 7% on weak volume growth in March qtr")
HCL Tech Q4 net up 22.8% yoy at Rs 3,154 crore; announces dividend of Rs 2
Earnings before interest and taxes (EBIT) stood at Rs 3,881 crore while EBIT margin came in at 20.9 per cent.
 "HCL Tech Q4 net up 22.8% yoy at Rs 3,154 crore; announces dividend of Rs 2")
All you wanted to know about support and resistance levels
Better the hold on Fibonacci Retracement, Moving Averages and Trednline, the trading bets become more convincing
 "All you wanted to know about support and resistance levels")
Stocks to watch: HUL, Maruti, YES Bank, HCL Tech, RBL Bank, Cyient
Here's a look at the top stocks that may trade actively in today's session -
 "Stocks to watch: HUL, Maruti, YES Bank, HCL Tech, RBL Bank, Cyient")
Market Ahead, May 7: Top factors that could guide markets today
Hindustan Unilever will be in focus today as UK-based GSK will offload shares worth Rs 26,000 crore in the FMGC major
 "Market Ahead, May 7: Top factors that could guide markets today")