Page 2373 - Markets News
Yes Bank impact on key insurance players explained in numbers, chart
The investment exposures of key insurance players have been hit by ratings downgrades
 "Yes Bank impact on key insurance players explained in numbers, chart")
Burmans of Dabur hold 9.26% in Eveready after second stake hike in a month
Family picks up 3.34% in India's largest battery maker with latest move, may consider further investments depending on how the company performs
 "Burmans of Dabur hold 9.26% in Eveready after second stake hike in a month")
Coronavirus: Wall Street slumps, investors seek shelter in bond and gold
The S&P index recorded two new 52-week highs and 135 new lows, while the Nasdaq recorded eight new highs and 415 new lows.
 "Coronavirus: Wall Street slumps, investors seek shelter in bond and gold")
Market plunges over sell-off in banking stocks, investors lose Rs 3.28 trn
Shares of Yes Bank came under intense selling pressure on Friday and plunged nearly 85 per cent during the day after the lender was placed under a 30-day moratorium
 "Market plunges over sell-off in banking stocks, investors lose Rs 3.28 trn")
Sebi proposes to impose restrictions on corporate guarantees at listed cos
The changes are aimed at protecting the interest of minority investors
 "Sebi proposes to impose restrictions on corporate guarantees at listed cos")
Market Wrap, March 6: Sensex tanks 894 pts, Nifty at 10,989
On a weekly basis, Sensex dropped 1.8 per cent while Nifty lost 1.89 per cent
 "Market Wrap, March 6: Sensex tanks 894 pts, Nifty at 10,989")
Market Wrap, March 5: Sensex gains 61 pts; Nifty at 11,269
On the sectoral front, PSU banks and FMCG stocks made decent gains while realty, metal. and media counters suffered losses
 "Market Wrap, March 5: Sensex gains 61 pts; Nifty at 11,269")
MARKETS: Indices end at 6-mth lows, Sensex tanks 894 pts; YES Bank down 56%
All that happened in markets today
 "MARKETS: Indices end at 6-mth lows, Sensex tanks 894 pts; YES Bank down 56%")
Tata Motors skids 10% as China sales slip 85% in Feb; stk down 37% in 1 mth
The company said the reduction in China sales owing to the outbreak of coronavirus, is expected to reduce Jaguar Land Rover's full-year EBIT margin by about 1%
 "Tata Motors skids 10% as China sales slip 85% in Feb; stk down 37% in 1 mth")
YES Bank fallout: SBI Cards may see some negative impact on listing
A plan to infuse capital in YES Bank where it continues to function as a separate entity just like LIC investing in IDBI Bank, would be a big positive for all the concerned stakeholders, analysts say
 "YES Bank fallout: SBI Cards may see some negative impact on listing")
YES Bank tumbles 85% after RBI imposes moratorium; SBI plunges 11%
YES Bank has registered slippages of Rs 12,000 crore so far in FY20, while it has placed Rs 30,000 crore of loan assets under the watch list.
 "YES Bank tumbles 85% after RBI imposes moratorium; SBI plunges 11%")
JB Chemicals nears record high in weak market, rebounds 8% from day's low
In the past three months, JB Chemicals & Pharma has outpaced the market by surging 48 per cent against 7.8 per cent decline in the S&P BSE Sensex
 "JB Chemicals nears record high in weak market, rebounds 8% from day's low")
Nifty Auto, Metal, Media indices hit 52-wk lows on Coronavirus woes
Nifty Metal index tumbled 6.6 per cent to 2,134, while Nifty Media index slipped 5.5 per cent to 1,518, and Nifty Auto was down 4 per cent to 6,662, as against a 3.9 per cent decline in the Nifty50
 "Nifty Auto, Metal, Media indices hit 52-wk lows on Coronavirus woes")
Will OPEC and allies be able to convince Russia for biggest oil cut?
According to the plan drawn up by OPEC, allies in the so-called OPEC+ grouping -- Russia foremost among them -- would take on 500,000 barrels of the cuts
 "Will OPEC and allies be able to convince Russia for biggest oil cut?")
A 1000-point drop! Sensex can hit 36,400 in the days ahead, charts indicate
The S&P BSE Sensex needs to close above 37,700 levels on Friday and one needs to see buying emerge at lower levels. Only then, one can see a revival towards 39,000 levels in the days ahead.
Chris Wood ups China stake amid coronavirus fear; trims India exposure
Wood believes the Narendra Mod government seems to be prioritising the social agenda over economic issues
 "Chris Wood ups China stake amid coronavirus fear; trims India exposure")
Banks, financials tumble; RBL, AU Small Finance, IndusInd Bank dip over 14%
Nifty PSU Bank index tanked over 10-year low after falling 8 per cent in intra-day
 "Banks, financials tumble; RBL, AU Small Finance, IndusInd Bank dip over 14%")
Market Ahead, March 6: Top factors that could guide markets today
Yesterday, the SBI said its board had given in-principle approval to consider an "investment opportunity" in YES Bank although no decision had yet been taken to pick up stake in the bank
 "Market Ahead, March 6: Top factors that could guide markets today")
Investing during Coronavirus woes: Markets not heading into bottomless pit
How the coronavirus virus unfolds globally is still an unknown, and every time some significant number is crossed there would be more panic for the markets.
Indirect transfers: Category-II FPIs knock on govt doors for relaxation
At present, all FPIs under category-II are subject to transfer provisions which impacts close to 20 per cent of FPIs
 "Indirect transfers: Category-II FPIs knock on govt doors for relaxation")