Page 2535 - Markets News

MARKET WRAP: Sensex slips 167 pts, Nifty ends at 10,981; YES Bank loses 5%

All that happened in markets today.

InterGlobe Aviation and SpiceJet are ready to fly higher, show charts

Indigo is set to move towards its new all time high, while SpiceJet has absorbed selling pressure around higher levels

Walchandnagar Ind hits 20% upper circuit after winning order from ISRO

The order is towards manufacturing and supply of Head, Middle and Nozzle End segments (total 30 nos) for the GSLV M Klll launch vehicle.

SBI Life Insurance shares slip 2% as SBI's two-day OFS begins

SBI plans to raise up to Rs 3,465 crore by offloading up to 4.5 per cent stake in SBI Life to comply with the minimum public shareholding norms.

Apollo Hospitals surges 5% after promoter announces stake reduction

The aim of the stake sale is to reduce the promoters' pledged shares in the company.

Stocks to watch: SBI Life, Apollo Hospitals, Alkem Labs, Titan, Srei Infra

Here's a list of counters that may hog the limelight today -

Market Ahead, September 12: All you need to know before the Opening Bell

Markets are likely to see a positive start today as trends on SGX Nifty suggest a firm opening for domestic indices

Overnight schemes gain traction as Sebi tightens norms on liquid funds

Overnight schemes - those that invest in papers with maturity of as short as a day - are gaining traction as institutional investors are increasingly viewing it as a better alternative

Overhaul of Sebi panels on the cards to accommodate govt nominees

At present, very few Sebi committees have finance ministry nominees

Earnings pressure to persist even in September quarter, says Gautam Duggad

IT looks very interesting to us as it is one of the more sensibly-priced sectors, says Duggad

New fund offering of Sundaram Equity Fund garners Rs 358 crore

The fund is a multi-cap product, which will re-open for subscription on September 16

Rupee fall may not prop up margins of IT cos, attrition, pricing to weigh

Higher pricing pressures in legacy business and rising costs of delivery have been negating margin benefits from rupee depreciation over the last two years

After strong gains the past 4 months, some headwinds for Nestle stock

The overall slowdown apart, margin pressure from rising input cost, market share loss in a few segments and expensive valuations are overhangs

YES Bank rallies 15% on co-founder Rana Kapoor's stake sale reports

Analysts believe the investment by new investor would impart confidence to the Street

Cadila Healthcare recovers on India, emerging market sales forecast

Restructuring and consumer acquisition to be key drivers of revenue

Value and contra funds disappoint investors, fail to beat benchmark returns

Market observers also attribute the underperformance of value and contra funds to the polarised market conditions

Ontario Teachers' Pension Plan bets on PE, infrastructure in India

After playing LP (investors in PE funds), the Canadian pension fund is keen to invest directly in India

Market Wrap, Sept 11: Sensex ends 125 pts higher, Nifty at 11,036

YES Bank shares zoomed 15 per cent to Rs 72.55 apiece in early morning trade on the BSE on Wednesday

MARKET WRAP: Sensex ends 125 pts higher, Nifty at 11,036; PSBs, autos gain

All that happened in the markets today

Siraj Choudhary made MD, CEO of National Collateral Management Services Ltd

NCML is a leading organisation providing a bouquet of commodity-based services under a single umbrella