Page 2587 - Markets News
HDFC AMC, Reliance Nippon tumble 8% after Sebi cuts total expense ratio
The regulator has capped the total expense ratio (TER) for fund houses with equity assets up to Rs 500 billion at 1.05 per cent.
 "HDFC AMC, Reliance Nippon tumble 8% after Sebi cuts total expense ratio")
Sebi to start second phase of UPI process for retail investors from July 1
The implementation date was extended till June 30, 2019 to ensure smooth transition to UPI in Application Supported by Block Amount (ASBA)
 "Sebi to start second phase of UPI process for retail investors from July 1")
Sebi meet today: Board may ease InvITs norms, take stock of shell crackdown
In last three years, only two trusts got listed on stock exchanges
 "Sebi meet today: Board may ease InvITs norms, take stock of shell crackdown")
Exchanges to introduce shared co-location facilities to reduce cost: Tyagi
Sebi to reduce additional expenses charged on mutual funds; Sebi plans to amend takeover regulations, permit additional time for entities to increase open offer price
 "Exchanges to introduce shared co-location facilities to reduce cost: Tyagi")
Sebi board meets tomorrow; amendments to buyback, takeover norms on agenda
Currently, Sebi norms do not stipulate maximum tenures for MD/CEO of MIIs
 "Sebi board meets tomorrow; amendments to buyback, takeover norms on agenda")
Sebi puts in place disclosure norms for issuance, listing of green bonds
Disclosure framework comes after Sebi's board approved norms for securities in stock markets
 "Sebi puts in place disclosure norms for issuance, listing of green bonds")
Sebi not to issue direction against Zylog's former board members
The regulator has decided to take no action against two of the former directors
Sebi issues new bond regulations to reduce corporates' funding sources
The new norms will also prevent the use of certain complex transaction structures
Sebi's trading, delisting regulations for IBC firms don't help investors
To protect retail investors from price rigging and manipulation, the stock market regulator along with exchanges recently put over 109 stocks under surveillance
 "Sebi's trading, delisting regulations for IBC firms don't help investors")
Market Wrap, Aug 2: Sensex ends 100 pts up, Nifty below 11,000
Sectorally, metals slipped the most as risks to global economy increased after US President Donald Trump imposed fresh tariffs Chinese imports
Market Wrap, Aug 2: Sensex ends 100 pts up, Nifty below 11,000
Sectorally, metals slipped the most as risks to global economy increased after US President Donald Trump imposed fresh tariffs Chinese imports
 "Market Wrap, Aug 2: Sensex ends 100 pts up, Nifty below 11,000")
SBI Q1 result: Profit at Rs 2,312 crore in June qtr; gross NPA down 21% YoY
The bank reported fresh gross slippages at Rs 16,212 crore, as against analysts' expectations of Rs 7,000 crore. There were up 13 per cent YoY, from Rs 14,349 crore in Q1FY19
 "SBI Q1 result: Profit at Rs 2,312 crore in June qtr; gross NPA down 21% YoY")
MARKET WRAP:Sensex ends 100 pts up after a volatile day, Nifty below 11,000
Indices inched higher on reports that the PMO took stock of the steep sell-off being witnessed in the market since the presentation of the Union Budget 2019-20
 "MARKET WRAP:Sensex ends 100 pts up after a volatile day, Nifty below 11,000")
HDFC Q1 profit jumps 46% to Rs 3,203 cr, boosted by Gruh Finance stake sale
The company's profit was boosted by one-time gain of Rs 1,894.21 crore from stake sale in Gruh Finance
 "HDFC Q1 profit jumps 46% to Rs 3,203 cr, boosted by Gruh Finance stake sale")
Talwalkars Group stocks plunge up to 70% in four weeks on ratings downgrade
Talwalkars Healthclubs and Talwalkars Better Value Fitness informed the stock exchanges that they have defaulted on interest payments
 "Talwalkars Group stocks plunge up to 70% in four weeks on ratings downgrade")
Jet Airways locked in 5% upper circuit for second straight day
The Committee of Creditors (CoC) met on Thursday, August 1 and considered to extend the deadline for submission of Expression of Interest for the airline on hopes of receiving bids from four bidders
 "Jet Airways locked in 5% upper circuit for second straight day")
Ashok Leyland slips 12%, hits over 5-year low on weak outlook
The stock of the commercial vehicle company was trading at its lowest level since February 10, 2015, when it had touched Rs 56 per share in the intra-day trade.
 "Ashok Leyland slips 12%, hits over 5-year low on weak outlook")
Bharti Airtel gains 5% after reporting improved margin in June quarter
Bharti Airtel was able to retain its top spot in the market in terms of revenue as its top line was up 2.8 per cent at Rs 15,345 crore
 "Bharti Airtel gains 5% after reporting improved margin in June quarter")
I am a serious buyer in the mid-cap segment: Equirus Capital's Ajay Garg
Given the resounding mandate that the Narendra Modi-led government received, we expected the first half of the fiscal year 2019-20 to be much better than what it is now, says Garg
 "I am a serious buyer in the mid-cap segment: Equirus Capital's Ajay Garg")
JK Tyre skids 16% on weak June quarter results, trades near 5-year low
The tyres manufacturing company's profitability was hit due to overall slow-down in the automotive sector, the management said
 "JK Tyre skids 16% on weak June quarter results, trades near 5-year low")