Page 2331 - Markets News

Street cheers Emami's plan to cut pledged shares despite tepid Q4 show

Rerating hinges on structural step-up in business

Rising share of arbitrage funds in futures segment weighing on returns

Estimates suggest such funds account for over half of stock futures segment

Broad-based criteria for safe harbour to apply to category-II FPIs

May dissuade these investors from delegating fund management responsibilities to Indian managers

Prospective investors indicate appetite for YES Bank FPO at discount

Ready to invest at Rs 12-15 per share, a 50 per cent discount to current market price

Oil rises 2% on US crude stockpile draw, global manufacturing activity

Brent crude rose 80 cents, or 1.9 per cent

Sebi issues SoP to deal with possible defaults by trading, clearing members

The framework, which will come into force from August 1, is aimed at protecting the interest of non-defaulting clients of trading members

Market Wrap, July 1: Here's all that happened in the markets today

BSE Sensex rallied 499 points or 1.43 per cent to end at 35,414.45 with Axis Bank (up 6.5 per cent) being the top gainer and NTPC (down over 2 per cent) the biggest loser

Abbott India, Pfizer, L&T Infotech: 11 stocks that may enter F&O segment

The eligibility of stock inclusion in the derivatives / F&O segment is based on the criteria laid down by market regulator Sebi.

MARKET WRAP: Sensex gains 499 pts as financials rally, Nifty ends at 10,430

All that happened in the markets today

Chemical shares in focus; Clariant Chemicals, Balaji Amines rally up to 18%

Navin Fluorine International, meanwhile, hit a fresh all-time high of Rs 1,723 today.

Mahindra & Mahindra bounces 3% from day's low on good tractor sales in June

Mahindra & Mahindra's farm equipment sector (FES) reported 12 per cent year on year (YoY) growth in domestic tractor sales at 35,844 units in June 2020 as against 31,879 units sold in June last year.

Bharti Airtel up 2% as Carlyle Grp to buy 25% stake in Co's Data Centre biz

For the quarter ended March 2020, the telecom operator posted a consolidated loss of Rs 5,237 crore.

Sterling and Wilson gains for eighth straight day; stock up 44% in 8 days

The company's order inflows for FY20 increased by 15 per cent y-o-y to Rs 9,048 crore

ONGC slips up to 4% after reporting a first-ever loss in March quarter

ONGC had logged a profit before tax (PBT) of Rs 11,691 crore in the corresponding period of FY19.

Voda Idea dips 5% as loss grows to Rs 11,742 cr; here's what brokerages say

The company said its ability to continue as a going concern depends on the SC giving it a favourable verdict in AGR matter

Jindal Steel dips 3.5% after JSPML agrees to sell full stake in Oman plant

The enterprise value of the deal is over $1 billion and Alpen Capital, a West Asia-based investment bank was appointed to run the sale process, which received competitive offers from multiple interest

ADAG shares gain heavy volumes; RCapital, RInfra freeze at 5% upper circuit

In past one month, ADAG stocks rallied between 90 per cent and 200 per cent on the BSE.

Glenmark Pharma falls for second straight day; stock down 8% in 2 days

With the past two day's decline, the share price of Glenmark Pharma has corrected 25 per cent from its 52-week high of Rs 573 touched on June 22, 2020.

Stocks to watch: Voda Idea, ONGC, Airtel, autos, HUL, JSPL, Future Grp stks

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

Nifty outlook and stock pick by HDFC Securities: Buy SBI Life, JK Cements

It would be advisable to protect long positions in the Nifty with 10,200 stoploss. Above 10,410, Nifty could move towards 10,600 odd levels.