Page 2322 - Markets News

Dollar peg is critical to Hong Kong amid threats from US, China worries

The HKD is pegged in a narrow range of 7.75-7.85 to the US dollar. The Hong Kong Monetary Authority (HKMA) buys and sells the currency at either limit to maintain the range

Firstsource Solutions up 10% as Rakesh Jhunjhunwala increases stake in Q1

After reducing stake in the previous three consecutive quarters, Rakesh Jhunjhunwala increased his stake in the company to nearly 3 percentage points.

Metal stocks can outperform the market. Here are a few trading strategies

Despite the fall in the Nifty Metal index on Friday, there still are some stock-specific opportunities which you can capitalise on. Here are a few trading ideas.

Pharma shares gain; Biocon, Granules hit record highs, Sun Pharma up 3%

At 10:27 am, Nifty Pharma index was up 1.5 per cent, as compared to 0.22 per cent decline in the benchmark Nifty50 index

PNB reports fraud of Rs 3,688.58 cr in DHFL account; stock slumps 7%

Shares of DHFL, meanwhile, tanked 4.8 per cent in the intra-day trade to hit a day's low of Rs 14.9 apiece on the BSE

Insurance stocks in focus; SBI Life, HDFC Life up 4%; ICICI Pru slips 3%

The NBP of life insurance companies contracted 10.46 per cent YoY in June as compared to decline 32.6 per cent and 25.4 per cent in April and May, respectively

Stocks to watch: TCS, Tata Power, Adani Power, Tata Motors, PNB, Voda Idea

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

Market Ahead, July 10: All you need to know before the opening bell

The June quarter results of TCS will be a major focus for the Indian markets today which is also likely to decide how the rest of the IT space trades throughout the session

Either sell or advise, Sebi says investment advisors can't do both

SEBI has stipulated segregation of services. At present, advisers carry out both advisory and distribution services and there is no segregation.

Global liquidity has lent support to deal-making, says Raj Balakrishnan

There is a 'gush of liquidity' around the world, including India after the US Federal Reserve opened the tap, says Raj Balakrishnan.

Farm organisations need better market linkage for returns, says report

These issues have assumed greater importance after the government allowed farmers to directly sell their produce to processors and traders

FPO set for comeback as fund raising tool with Yes Bank's mega offering

The last successful FPO to hit the domestic market was in 2014 by Engineers India. Apart from that, only three others have successfully launched an FPO

As AMC equity flows taper, investors urged to wait till situation improves

Analysts expect a YoY fall of 12-20% in revenue, and 7-10% in operating profit in the June quarter

Godrej Agrovet: Good prospects, but investors should look at stock on dips

Valuation, however, limits upside in the near term

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