Page 2426 - Markets News

Gold scales 6-week peak as equity markets steadied after a record rally

Spot gold was up 0.3% at $1,489.75 per ounce by 1233 GMT, having earlier hit $1,492.79, its highest since November 6

MCX does away with large-lot metal contract following Sebi directive

All contracts to be in lot size of one tonne starting January 2020; Exchange also awaits regulator's nod to launch index-based derivatives

Explained: Why sugar-producing firms' stocks are in a favourable cycle

Reducing sugar surplus, rising ethanol procurement, and potential for exports bode well

MFs yet to warm up to InvITs; NHAI instrument may change the trend

According to the Securities and Exchange Board of India (Sebi) November 2019 data, the amount deployed by mutual funds in InvITs stands at Rs 933 crore

Sustained growth needed for Rallis' stock to rerate, regain market share

The company, however, is planning to launch two new products every year till 2022. It expects the launches to help perk up the sales graph.

Embassy REIT: Rental revision, project pipeline, client base growth drivers

Given that market rents are 30 per cent higher than the current rents that tenants pay, there is significant room for increasing rates for expiring leases.

Voda idea, BHEL, ZEE see sharp wealth erosion as investors lose Rs 5 trn

The companies that have seen sharp erosion of market wealth include YES Bank, Indiabulls Housing Finance, Zee Entertainment, Vodafone Idea, and Bharat Heavy Electricals

India's first corporate bond ETF garners Rs 12,400 cr from its maiden offer

The funds raised would be utilised for capex of PSUs. The base size of the issue was Rs 7,000 crore

Aditya Birla Housing Finance, Axis Finance, 4 others to list papers on BSE

The other companies that made applications with the exchange are Standard Chartered Investments and Loans (India) Ltd, KEC International Ltd, Siyaram Silk Mills Ltd and Balrampur Chini Mills Ltd

India should recommit to debt reduction, focus on fiscal transparency: IMF

Despite some improvement in reported fiscal deficits, debt as a share of GDP remains little changed over the past decade partly due to increases in off-budget financing, IMF said

Sebi puts in place mandatory stewardship code for mutual funds, AIFs

Stewardship code is a principles-based framework that assists institutional investors in fulfilling their responsibilities to help them protect and enhance the value of their clients and beneficiaries

Rupee falls 9p against dollar on rumours of disinvestment target slippage

At the interbank foreign exchange market, the domestic currency opened weak at 71.22 and later fluctuated between a high of 71.15 and a low of 71.29

Sebi comes out with new mechanism to reward whistleblowers, informants

Insider trading refers to trading of securities while in possession of Unpublished Price Sensitive Information (UPSI) about the particular securities

Link your PAN to Aadhaar by December 31 or it may become inoperative

There are four simple ways to link PAN to Aadhaar; make the most of deadline to avoid hassles later

Market Wrap, Dec 24: Indices end near day's low, Sensex down 181 pts

The Sensex slipped 219 points in the intra-day trade today to hit a low of 41,423.07

Gold jumps Rs 191 to Rs 39,239 per 10 gram on positive global trends

Silver also zoomed Rs 943 to Rs 47,146 per kg compared to the previous close of Rs 46,203 per kg

MARKET WRAP: Indices end near day's low, Sensex down 181 pts; BPCL dips 3%

All that happened in the markets today.

Sterling Tools zooms 20% on inking JV with Chinese co for Indian EV sector

The company has entered into a JV agreement with Jiangsu Gtake Electric Company to provide the Indian electric vehicle OEM'S with best in class motor control units (MCUs).

World's favourite Indian power stock seen recovering from 10-mth lows

Analysts expect this New Delhi-based company to wring more profit from soon-to-be acquired hydro-power assets, helping it lift its earnings and share price.

Stocks to watch: Indiabulls Real Estate, RIL, Concor, Pidilite, Hindalco

Here's a look at the top stocks that may trade actively in today's trading session.