Page 2483 - Markets News

Ashok Leyland faces a bumpy ride ahead over surplus capacity, slowdown

Though there are near-term headwinds, analysts believe the Ashok Leyland stock which is down nearly 30 per cent from year ago levels may not see a significant price correction from these levels

Sebi gives LIC, SBI, BoB until Dec 2020 to bring UTI AMC stake below 10%

LIC, SBI and BoB are also sponsors of UTI AMC and hold more than 10 per cent stake individually in the AMC and trustee company of UTIMF

National Stock Exchange appoints Girish Chandra Chaturvedi its chairman

The position was vacant since Ashok Chawla resigned as the chairman of the NSE in January

Cabinet gives approval to Bharat Bond ETF, launch in early January

Bharat Bond ETF will be made of AAA-rated papers issued by govt-linked firms

58% brokers to invest in 'algos' as part of software spends in 2020: Survey

The survey also found that almost 86 per cent of brokers consider technology as an important factor for their businesses by 2020 and 79 per cent of them are currently active investors in technology

Market Wrap, Dec 6: Sensex slips 334 pts, Nifty over 11,900; SBI slumps 5%

Shares of Vodafone Idea slumped 9 per cent to Rs 6.66 on the BSE after its chairman KM Birla said the company will shut down if the government failed to provide any relief in wake of the AGR verdict

Sebi not to act on complaints without documents, identity disclosure

The Securities and Exchange Board of India (Sebi) in a statement said, it will not take any action on complaints, where it is not able to reach back to the complainants

MARKET WRAP: Sensex slips 334 pts, Nifty holds 11,900; YES Bank tumbles 11%

All that happened in the markets today

Voda Idea falls 9% after chairman says will shut in absence of govt relief

The Bombay Stock Exchange (BSE) has sought clarification from Vodafone Idea about Birla's comment

Mahindra & Mahindra nears 52-week low; stock slips 12% in one month

In past one month, M&M has underperformed the market by falling 12 per cent as compared to a marginal 0.33 per cent rise in the benchmark S&P BSE Sensex.

Allcargo Logistics climbs 4% on approval to buy controlling stake in Gati

The company has already chalked out a plan to become a majority stakeholder in the express business, its chairman said.

PSU banks trade weak; SBI, Bank of Baroda down over 3%

On Thursday, the Reserve Bank of India (RBI) lowered its gross domestic product (GDP) growth forecast for the financial year 2019-20 (FY20) to 5 per cent, from the previously estimated 6.1 per cent.

Mid, small-caps underperform benchmarks, Omaxe hits 20% lower circuit

In the midcap space, HUDCO, RBL Bank, and Indiabulls Ventures declined up to nearly 6 per cent.

Eris Lifesciences surges 7%, hits 5-month high in a weak market

In the past one month, the stock has outperformed the market by surging 17 per cent, as compared to a marginal 0.35 per cent rise in the S&P BSE Sensex.

Decoded: FIIs' unshakable faith in Modi govt even as economy sputters

In September, the government slashed the corporation tax rate. He's also eased foreign investment rules in retail, manufacturing and coal mining, & merged 10 state-run banks to create four big lenders

YES Bank dips 5% after Moody's downgrades ratings, assigns negative outlook

Moody's downgraded the Bank's long-term foreign currency issuer rating to B2 from Ba3, as potentially stressed assets and low loss-absorbing buffers may add pressure to its funding and liquidity.

Bond markets may face prolonged rout as RBI pauses its rate-cut spree

The decision by the Reserve Bank of India spurred speculation that it has run out of ammunition after slashing rates five times this year.

Stocks to watch: Welspun India, YES Bank, Allcargo Logistics, Gati, M&M

Here's a look at the top stocks that may hog the limelight today.

Market Ahead, Dec 6: Top factors that could guide markets today

NSE on Thursday launched Nifty Bharat Bond Index series, which will track a portfolio of AAA-rated bonds issued by government entities

Nifty outlook and top trading ideas by Jay Anand Thakkar of Anand Rathi

Till 11,950 is held on the Nifty, one can maintain the long positions however if it breaks one has to reverse the longs to shorts