Page 2485 - Markets News

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

Sebi proposes tighter disclosure, performance reporting norms for AIFs

The benchmarking report would have to be provided along wherever the performance of the AIF is disclosed

Sebi scans matrimonial website to nail fraudster in front-running case

Bars Fidelity employee and family members from stock market for allegedly pocketing illegal gains

Bombay HC junks PMC Bank depositors' plea for lifting withdrawal cap

On September 23, the RBI had imposed regulatory restrictions on the PMC Bank for six months over alleged financial irregularities

HDFC MF shares drop over 4% after Standard Life divests 3.1% stake

HDFC AMC has time until August 2021 to bring down promoter holding to 75 per cent

Banking funds have gained from global inflows amid US-China deal hopes

But beware that NBFCs with high exposure to real estate are not out of the woods yet

Passive funds can work if they simplify investing: Motilal Oswal AMC CEO

Once we see some recovery in real estate, this money will get released and move towards capital market products like mutual funds, says Aashish Somaiyaa

Engine issues cloud IndiGo growth outlook; price war may hit revenues

A320ceo aircraft accounted for 53 per cent of the company's capacities as of September quarter