Page 2551 - Markets News
AI start-up H2O.ai raises $72.5 million from Goldman Sachs, Ping An
The start-up, co-founded by Hyderabad-born Sri Satish Ambati in 2012, has raised a total funding of $147 million with this round
 "AI start-up H2O.ai raises $72.5 million from Goldman Sachs, Ping An")
NSE tweaks criteria to select 'permitted to trade' stocks for Nifty
Move could be a precursor for including Nestle in Nifty
 "NSE tweaks criteria to select 'permitted to trade' stocks for Nifty")
Market Wrap, Aug 20: Sensex ends 74 pts lower; PSBs, metals decline
Domestic stocks defied gains in the Asian peers to slip 182 and 69 points at the Sensex and Nifty50, respectively in the intra-day trade. Listen to this podcast for more
 "Market Wrap, Aug 20: Sensex ends 74 pts lower; PSBs, metals decline")
Sterling and Wilson Solar lists at 9% discount to issue price of Rs 780
SWSL is promoted by the Shapoorji Pallonji Group and is the demerged Solar EPC Division of Sterling and Wilson (SWPL).
 "Sterling and Wilson Solar lists at 9% discount to issue price of Rs 780")
Buy gold 'at any level' as central banks ease monetary policies: Mobius
Gold hit a six-year high this month on prospects for easier monetary policy from the Federal Reserve and other central banks to support growth
 "Buy gold 'at any level' as central banks ease monetary policies: Mobius")
Parag Milk Foods hits record low, tanks 38% in one month on weak Q1 results
The stock was down 5 per cent to Rs 161 on the BSE, its lowest level since listing on May 19, 2016.
 "Parag Milk Foods hits record low, tanks 38% in one month on weak Q1 results")
MARKET WRAP: Sensex ends 74 pts lower; PSBs, metals decline, Maruti up 4%
Domestic stocks defied gains in the Asian peers to slip 182 and 69 points at the Sensex and Nifty50, respectively in the intra-day trade.
 "MARKET WRAP: Sensex ends 74 pts lower; PSBs, metals decline, Maruti up 4%")
Oberoi Realty, Capacit'e Infra fall up to 8% on reports of raid by I-T dept
Earlier this month, the I-T department had conducted searches at Mumbai and Pune-based offices of four other realty firms, including Hub Town, Atul Projects, Wadhwa Group and Radius Developers.
 "Oberoi Realty, Capacit'e Infra fall up to 8% on reports of raid by I-T dept")
YES Bank falls for second straight day, down 15% against QIP price
CG Power and Industrial Solutions has recognised "unauthorised transactions" and related financial irregularities in the company. YES Bank holds 12.79 per cent stake in CG Power
 "YES Bank falls for second straight day, down 15% against QIP price")
BSE to expand commodity derivatives with slew of new contracts next quarter
Brent crude oil, soya bean, kapas and almonds futures on the cards
 "BSE to expand commodity derivatives with slew of new contracts next quarter")
AGC Networks hits 52-week high, zooms 80% in three days post Q1 results
AGC Network's consolidated revenue from operations during the quarter stood at Rs 1,228 crore, as against a revenue of Rs 188 crore logged in the year-ago quarter.
 "AGC Networks hits 52-week high, zooms 80% in three days post Q1 results")
Vodafone Idea falls 6% as CEO Balesh Sharma resigns
Ravindar Takkar has been appointed as MD and CEO for a period of three years.
 "Vodafone Idea falls 6% as CEO Balesh Sharma resigns")
CG Power tanks 20% after Co recognises 'unauthorized transactions' by staff
In the past three months, the market price of CG Power has tanked 62 per cent as compared to a 5 per cent decline in the S&P BSE Sensex.
 "CG Power tanks 20% after Co recognises 'unauthorized transactions' by staff")
Mahanagar Gas zooms 12% on stake sale by British Gas
Around 9.98 million equity shares representing 10 per cent total equity of MGL have changed hands for total consideration of Rs 770 crore on the NSE, the exchange data shows.
 "Mahanagar Gas zooms 12% on stake sale by British Gas")
Stocks to watch: DHFL, Vodafone Idea, NBFCs, RIL, Sterling & Wilson Solar
Here's a look at the top stocks that may remain in focus today.
Market Ahead, August 20: All you need to know before the Opening Bell
Stocks of non-banking financial firms may be in focus today after the government said such firms would no longer have to maintain a certain level of redemption reserves against them
 "Market Ahead, August 20: All you need to know before the Opening Bell")
Top stock picks by Anand Rathi: Buy Marico, SRF, Apollo Hospitals
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.
 "Top stock picks by Anand Rathi: Buy Marico, SRF, Apollo Hospitals")
Correction fails to rein in expensive market valuation, say analysts
Analysts however believe looking at Nifty valuations could be misleading as several of its components trade far below their long-term averages
 "Correction fails to rein in expensive market valuation, say analysts")
GSP withdrawal: Plastic exporters explore new markets to keep ball rolling
Eye huge markets in CIS nations, Africa and Latin America, where Indian exports have a negligible presence
 "GSP withdrawal: Plastic exporters explore new markets to keep ball rolling")
Bank stocks fall up to 40% since Budget. Is it a good time to buy?
Given the developments, analysts say the road ahead for these stocks remains challenging till there is a pick-up in the economic sentiment and clarity on government policy
 "Bank stocks fall up to 40% since Budget. Is it a good time to buy?")