Page 2617 - Markets News

Prefer developed markets to emerging markets: Julius Baer's Mark Matthews

Mid- and small-caps appear attractive given their reasonable valuations, says Mark Matthews

Street signs: Market weakness might continue; BF Utilities gains, and more

Traders are building up short positions on the markets as they expect the correction to continue in the coming sessions

Regulatory changes, margin pressure likely to weigh on IT stocks

If demand and margins fail to recover, there could be further de-rating of IT stocks, says an analyst

Nine of top 10 cos lose Rs 88,609 crore in m-cap; HDFC, TCS suffer the most

In the ranking of top-10 firms, RIL was placed at the number one position, followed by TCS, HDFC Bank, HDFC, HUL, ITC, SBI, Infosys, Kotak Mahindra Bank and ICICI Bank

FPIs remain net buyers in July so far, infuse Rs 3,551 crore in markets

FPIs have been net buyers for the past five consecutive months

The multitrillion-dollar black hole engulfing the world's bond markets

Brexit will keep driving investors into the safest assets, meaning demand will remain high for negative-yielding debt

Budget impact: Surcharge hike likely to hit global passive funds

Globally, index funds and ETFs are popular because of the low management fees

Govt to consider grandfathering 20% tax on share buybacks already underway

Finance Secretary Subhash Chandra Garg said the proposed tax on listed companies is aimed at discouraging share buybacks and encouraging investments

Trade conflicts to mar export earnings of seafood companies in 2019: Report

Shrimp prices had plunged below the production cost last year due to a glut in global production and uncertainty in world trade

IndusInd Bank: Investors need to be watchful despite strong June quarter

Numbers were aided by BFIL merger and largely met expectations, but some asset quality stress visible in select segments

Budget impact: Question mark over buyback pipeline as fresh tax bites

Others likely to follow KPR Mill in withdrawing share repurchase

Rise in attrition, large deal wins: Top takeaways from Infosys' Q1 results

The company has maintained FY20 operating margin guidance range of 21 per cent - 23 per cent.

Infy posts 5% YoY rise in PAT at Rs 3,802 cr, raises FY20 growth guidance

The IT services company increased the FY20 growth guidance in constant currency terms to 8.5-10 per cent from 7.5-9.5 per cent.

Market Wrap, July 12: Sensex down 87 pts, Nifty holds 11,550

Sectorally, banking, financial services and FMCG counters were under pressure. The Nifty Bank index closed 0.37 per cent lower followed by Nifty Financial Services index, down 0.29 per cent

MARKET WRAP: Sensex down 87 pts, Nifty holds 11,550; banks dip, metals gain

Among gainers, Nifty metals, pharma and realty counters were up between 0.4-0.7 per cent.

Quess Corp surges 18% on preferential share allotment to Amazon

The board has approved issue of 754,437 equity shares of the Company to Amazon.com for an aggregate amount of Rs 51 crore at an issue price of Rs 676 by way of a preferential allotment.

SBI Life Insurance hits record high; surges 34% thus far in FY20

The stock of the insurance company was trading at its highest level since October 3, 2017

Using credit cards for ATM withdrawals? Here're errors that you must avoid

Withdrawing cash from ATMs using credit cards attract interest from the date of withdrawal till it is repaid

Oil hovers near 6-week high amid Gulf of Mexico storm, West Asia tensions

By Thursday, oil companies in the Gulf of Mexico had cut more than 1 million barrels per day of output, or 53% of the region's production

Den Networks rallies 11% as Co swings to profit in June quarter

The company declared a net profit of Rs 11.23 crore for the recently concluded quarter against a loss of Rs 30.72 crore in the year-ago period