Page 2325 - Markets News

Jump in ore prices eases NMDC's woes; shares rebound by 16%

However, with the onset of monsoon, the outlook for steel demand remains subdued in the September quarter

FMCG: After decade-low volume show in Q4, June qtr to see further pain

Q4 was weaker than demonetisation and GST times; Q1 could witness even more pain

Bajaj Finance: Investors should await clarity on moratorium, asset quality

Some analysts are still cautious on asset quality

Further re-rating of M&M depends on UV, capital allocation outcome

Share price jump reflected in current valuation

PE investments drop 65% to $1.45 billion in June quarter: Refinitiv data

Q2 also saw a decline of 9 per cent in the number of deals to 161

Franklin MF in talks with bond issuers to list unlisted debt on bourses

Fund house exploring ways to expedite secondary market sales to boost liquidity

Sebi considers allowing futures trading in petrol, diesel: Official

Currently, futures trading is allowed in crude oil. Petrol and diesel are, among others, the two major refinery products derived from crude oil

Sebi extends compliance deadline for municipal bonds to July 31

The relaxation pertains to submission of investor grievance report, financial results and accounts maintained by issuers under ILDM Regulation, Sebi noted in a circular

Market Wrap, July 7: Here's all that happened in the markets today

BSE Sensex ended at 36,675, up 187 points or 0.51 per cent

MARKET WRAP: Indices rally for 5th straight day, Sensex ends 187 pts higher

All that happened in the markets today

Bandhan Bank jumps 13% post Q1FY21 biz update; Analysts maintain 'buy'

The Kolkata-headquartered bank saw its deposits growing 35 per cent year-on-year (YoY) to Rs 60,602 crore at the end of Q1FY21, compared to Rs 44,796 crore in Q1FY20.

Bajaj Finance gains 10% as AUMs under moratorium decline in June

The NBFC's assets under management (AUM) under moratorium declined from 27 per cent, at the end of April 2020, to about 15.5 per cent at the end of June 2020.

Financials in focus; Bajaj Finance, M&M Financial, Bandhan Bank up over 5%

MAS Financial, Ujjivan Financial, HUDCO, Cholamandalam Investment, Aditya Birla Money, Geojit Financial, AU SFB, and CreditAccess Grameen were up in the range of 5 per cent to 9 per cent on the BSE.

Bosch trades highest since March 2020, surges 13% in range-bound market

Since May 22, post Q4FY20 results, Bosch has outperformed the market by surging 45 per cent as compared to 18 per cent rise in the benchmark S&P BSE Sensex index.

Bandhan Bank, Bajaj Auto, PVR: Trading strategies for news-driven stocks

Rising channel patterns, stability above 200-DMA are some of the indicators that suggest further upside.

Covid-19 hit Chinese economy on a slow path to recovery, says UBS

With 94 per cent of respondents having resumed work as of late-May, consumers' near term expectations notably improved, the UBS' survey findings suggest

Hotel stocks gain as Maharashtra govt eases lockdown restrictions

Shares of Kamat Hotels (India) were locked in upper circuit of 20 per cent

City gas distribution companies under pressure; MGL, IGL decline up to 5%

PNGRB has said the regulation for allowing competition in CGD areas will be notified in the next one to one and a half months.

Race for next Sebi chief hots up again as Tyagi tenure ends next month

M S Sahoo, Madhabi Puri Buch top contenders to replace incumbent; Injeti Srinivas also said to be in race

NBCC up 11% despite a 68% fall in standalone net profit for March quarter

Sales declined 33.29 per cent to Rs 1,569.57 crore as against Rs 2,353 crore in the corresponding quarter of the previous fiscal.