Page 2342 - Markets News
Deleveraging, lower capex and ARPU rise to aid RIL's earnings growth
Analysts see more gains in Reliance Industries stock
 "Deleveraging, lower capex and ARPU rise to aid RIL's earnings growth")
Investors to monitor geopolitical developments, Covid-19 trends: Analysts
According to analysts, besides stock-specific action, trend in global markets, and foreign fund movement would also dictate sentiments
 "Investors to monitor geopolitical developments, Covid-19 trends: Analysts")
FPIs infuse Rs 17,985 cr in June amid increasing liquidity, risk appetite
According to the latest depositories data, a net sum of Rs 20,527 crore was pumped into equities by FPIs between June 1-19, while they withdrew a net Rs 2,569 crore from the debt segment
 "FPIs infuse Rs 17,985 cr in June amid increasing liquidity, risk appetite")
Nifty P/E multiple up 50% from lows of March on 'benign liquidity' in mkt
At current level, index valuation 18% lower than its record high price of 30x in June 2019
 "Nifty P/E multiple up 50% from lows of March on 'benign liquidity' in mkt")
RBI draft guidelines will strengthen HFCs, safeguard investor interest
Most listed mortgage lenders already meet the requirements
 "RBI draft guidelines will strengthen HFCs, safeguard investor interest")
Kaya, Alok Industries, Birla Tyres and 35 others rally over 100% in 1 month
Borosil Renewables, Hathway Bhawani Cabletel, Dalmia Bharat Sugar, Nectar Lifesciences, Bilcare and Satin Creditcare Network have rallied over 100% in the past one month
 "Kaya, Alok Industries, Birla Tyres and 35 others rally over 100% in 1 month")
BSE bags spot among world's 10 most valued exchanges; Nasdaq tops chart
BSE is at the tenth place in the top-10 list, with a market capitalisation of $1.7 trillion
 "BSE bags spot among world's 10 most valued exchanges; Nasdaq tops chart")
PSU stocks still on shaky ground as call for privatisation intensifies
In the past decade, total market cap of top 17 PSUs has dropped 41% vis-a-vis a 91% rise in Sensex
 "PSU stocks still on shaky ground as call for privatisation intensifies")
Cement sector: If demand fails to pick up, stocks may come under pressure
Going ahead, raction in rural demand should continue in the back of good crop, normal monsoon, labour availability and government's welfare schemes
 "Cement sector: If demand fails to pick up, stocks may come under pressure")
Refund money or pay interest: Securities Appellate Tribunal directs Sebi
Sebi had, a year ago, imposed penalty of Rs 600,000 on an individual for violation under the Prohibition of Fraudulent and Unfair Trade Practices
 "Refund money or pay interest: Securities Appellate Tribunal directs Sebi")
SC orders hearing of FT MF cases in Karnataka HC, e-voting stay remains
Fund house had appealed to apex court to hear plea to vacate stay on wind-up voting
 "SC orders hearing of FT MF cases in Karnataka HC, e-voting stay remains")
Life insurance sector to see green shoots in medium to long-term: Edelweiss
With an uncertainty over cash-flows in focus, a goal-based financial planning has become a priority area for many families and insurance as a product category has seen a spurt in demand
 "Life insurance sector to see green shoots in medium to long-term: Edelweiss")
SAT asks Sebi to repay an appellant, or pay an interest of 12% per annum
The appellant again filed an urgency application before SAT seeking direction to be issued to Sebi to refund the order as he as in dire need of money to undergo a spinal surgery
 "SAT asks Sebi to repay an appellant, or pay an interest of 12% per annum")
Running on 'hopium': Explaining the market rally in Wall Street's terms
'Every time the stock market starts to sell off, the Federal Reserve responds with some accommodative policy,' said Mike O'Rourke, chief market strategist at JonesTrading
 "Running on 'hopium': Explaining the market rally in Wall Street's terms")
Sebi eases compliance norms for brokers; extends deadline for filing report
The decision comes after receiving a representation from stock exchanges, the Securities and Exchange Board of India (Sebi) said in a circular
Market Wrap, June 19: Here's all that happened in the markets today
On a weekly basis, Sensex gained nearly 3 per cent while Nifty added 2.7 per cent
 "Market Wrap, June 19: Here's all that happened in the markets today")
BSE to introduce LES in gold mini, silver kilo from July 6 to boost trade
Under the LES, brokers and other market intermediaries are given incentives for a specified period of time to bring in and generate investor interest in securities that have limited trading activity
 "BSE to introduce LES in gold mini, silver kilo from July 6 to boost trade")
Reliance Industries hits new high; market-cap crosses Rs 11 trillion
RIL raised over Rs 168,818 crore in just 58 days become net debt-free company. Mukesh Ambani now plans to list the telecom and retail businesses in the next five years
 "Reliance Industries hits new high; market-cap crosses Rs 11 trillion")
MARKET WRAP: Indices extend gains, Sensex up 524 pts as RIL surges over 6%
All that happened in the markets today
 "MARKET WRAP: Indices extend gains, Sensex up 524 pts as RIL surges over 6%")
What makes Morgan Stanley, Goldman Sachs, CLSA bullish on RIL
According to Morgan Stanley, multiple triggers - asset sales, pickup in energy cash flows, increased traction in omni-channel retail and rise in telecom ARPU- could further drive the stock
 "What makes Morgan Stanley, Goldman Sachs, CLSA bullish on RIL")