Page 2508 - Markets News

Bharat-22 exchange traded fund fourth tranche sees 27 times subscription

The final amount raised will depend upon how much of additional amount government decides to retain

Apparel sales may remain subdued this festive season amid economic slowdown

Consumer sentiment picks up, but average ticket purchase size reduces

Muted alumina prices dent Nalco's Q1 earnings as global supplies stabilise

Though Nalco has charted a new business model to make it immune to vagaries of the metal business, the plans may to take 2-3 years to deliver outcomes

Auto, construction sectors slowdown to drag non-ferrous metals demand

A forecast by ratings agency Icra notes that the consumption growths of aluminium, copper and zinc are slated to remain tepid in the range of 3-5 per cent

Investors could use dips to buy expensive retail stocks, say analysts

The penetration of organised retailers in the jewellery and watches segment rose to 28 per cent in 2017, from just 6 per cent in 2007 and the count is estimated to reach to around 35 per cent by 2021

IPO activity drops in September quarter amid volatility in secondary market

In terms of number of deals, India ranked sixth globally

Amidst exuberance, Bajaj Finance investors may be caught on the wrong foot

Analysts still peg growth for FY20 upwards of 30%, even as management turned cautious after Q1

IRCTC shares subscribed 112 times; highest for a state-owned company

The brokerage said that based on the earnings projection for the next financial year, the stock was valued at a price-to-earnings multiple of just 10x

Mutual fund houses load up on government securities and treasury bills

MF schemes deployed Rs 1.8 trillion in G-Secs and T-bills in August, which is 52 per cent higher than in last August

IRCTC IPO a huge hit; subscribed 112 times on final day of bidding

The IPO to raise about Rs 645 crore received bids for 157 crore shares against the total issue size of 2 crore scrips

Market Wrap, Oct 3: Sensex loses 199 pts; YES Bank zooms 33%

On the NSE, the Nifty50 index ended at 11,313.10, down 47 points or 0.41 per cent.

NSE to delist Lanco Infratech, Moser-Baer, 7 other firms from October 17

In September, NSE has delisted as many as 14 companies under the the compulsory delisting regulations

MARKET WRAP: Sell-off continues, Sensex loses 199 pts, Nifty ends at 11,313

All that happened in markets today

Bear grip getting stronger? Over 50% Nifty F&O stocks trade below 200 DMA

The 200-day moving average (DMA) is one of the important indicators to ascertain buy or sell trends.

Paper stocks fall up to 12% as govt shelves plan to ban single-use plastic

In September, paper stocks rallied by up to 84 per cent on expectation of ban on single-use plastic. In comparison, the S&P BSE Sensex had added 3.6 per cent during the period.

Abbott India hits all-time high, surges 35% in two months

Abbott India had reported a 42 per cent year-on-year (YoY) jump in net profit at Rs 117 crore for Q1FY20.

Oil marketing companies gain on drop in crude oil price, BPCL hits new high

BPCL and HPCL surged 5 per cent each in the intra-day trade today, while IOC gained 3 per cent on the BSE in an otherwise weak market.

IndusInd Bank hits over 2-yr low on worries over exposure to stressed firms

Analysts at Reliance Securities believe the bank's high exposure to stressed sectors and management transition could continue to limit any meaningful upside in the stock price in near-to-medium term.

Stocks to watch: IndiGo, M&M, Tata Motors, GMR Infra, YES Bank, Cox & Kings

Here's a look at the top stocks that may remain in focus today -

YES Bank recovers, surges 29% after 43% decline in one week

The financial and operating metrics remain intrinsically sound and stable, with liquidity position well in excess of regulatory requirements, the bank said in a statement.