Page 2395 - Markets News

Sebi slaps Rs 1.89-crore fine on 21 entities for fraudulent trading

Penalties levied by the regulator on the entities are in the range of Rs 2 lakh-Rs 20 lakh, for flouting market norms

BSE inks licensing pact with Intercontinental Exchange to use Brent index

India is one of the largest consumers and importers of crude oil in the world and Brent crude is highly co-related with the Indian crude oil basket

Markets catch coronavirus flu: World indices slip into the red, gold rises

The Indian indices fell over 1% as earnings disappointment, coupled with the virus scare, hit sentiment

Sebi firms up risk management guidelines in commodity futures trade

For the first time, it has provided options for clearing corporations to divide commodities into three broad categories, depending on realised volatility over the previous three years

Wheat output in India is likely to hit a record high this year: NCML data

Data compiled by National Collateral Management Services (NCML, a non-government body) shows a 6.3 per cent rise to 109 million tonnes

Are Airtel's 'prepaid' insurance plans as good as standalone policies?

Earlier this month, the telecom company introduced a Rs 279 prepaid plan, with Rs 4 lakh insurance cover from HDFC Life

Palm oil imports from Malaysia likely to hit 9-year low in January

Lower imports by India, the world's biggest palm oil importer, could weigh on Malaysian prices that have corrected nearly a tenth after hitting a three-year peak earlier this month

CPSE ETF's 7th tranche to open on Thursday; govt eyes Rs 10,000 crore

Central Public Sector Enterprises ETF runs a concentrated portfolio with a handful of stocks having weights of as high as 20 per cent on the underlying index

IndiGo may hit air pocket in March qtr amid lean season, coronavirus threat

The company also announced redesignating Ronojoy Dutta its whole-time director and CEO

Sebi panel proposes overhaul of norms governing related party transactions

Under the proposal, related party should be any person or entity belonging to the promoter or promoter group of the listed entity

To check volatility, Sebi rationalises framework for commodity derivatives

Given the wide variation of liquidity and volatility among different commodity derivatives, the regulator in consultation with other stakeholders has decided to rationalise the margin system

Market Wrap, Jan 27: Sensex tanks 458 pts; HDFC Q3 profit rises 296% YoY

Metal stocks were under heavy selling pressure today as investors grew increasingly anxious about the economic impact of spreading of China's Coronavirus outbreak

HDFC Q3 PAT at Rs 8,372.5 cr, Board nod to raise up to Rs 45K cr via NCDs

Fair value gain consequent to merger of Gruh, an associate, with Bandhan Bank at Rs 9,019.8 crore

IndiGo Q3 result: Net profit jumps 168% YoY at Rs 496 cr, revenue rises 25%

On the sales front, the low-cost carrier (LCC) clocked Rs 10,330 crore during the recently concluded quarter, as against sales of Rs 8,229.3 crore year-on-year (Q3FY19).

MARKET WRAP: Sensex tanks over 450 pts amid global sell-off; metals tumble

All that happened in the markets today

Agri stocks in focus; Atul, Deepak Fertilisers, Godrej Agrovet up over 5%

Chambal Fertilisers & Chemicals, RCF, Zuari Agro Chemicals and National Fertilizers were up more than 3 per cent on the BSE in an otherwise weak market.

IndiGo Q3 preview: PBT may rise 48% YoY, commentary on A320neo engines eyed

For the recently concluded quarter, analysts at Centrum Broking see the profit declining 7.7 per cent to Rs 176.3 crore primarily "due to lower net fleet addition and higher fuel costs".

Pharma shares gain; Dr Reddy's, Alembic, Divis, Laurus Labs hit 52-wk highs

Wockhardt, Strides Pharma Science, Alembic Pharmaceuticals, Pfizer and IOL Chemicals & Pharmaceuticals were up in the range of 5 per cent to 9 per cent in intra-day trade today.

Cement stocks gain up to 24% ahead of Budget 2020. Should you book profit?

All the major cement stocks are trading with breakouts, signaling higher levels in the coming sessions. Any boost in Budget may trigger another 10 per cent rise in a short span

Q3 preview: Automakers likely to post subdued sales, improved margins

As for the bottom-line, Sharekhan pegs net profit for the major automakers to drop by around 8 per cent while Prabhudas Lilladher expects a much larger 26 per cent dip