Page 2619 - Markets News

Sebi likely to examine surcharge impact on foreign portfolio investors

This means that the effective taxation on long-term capital gains for FPIs has risen to a maximum of 14.25 per cent

Budget 2019: Rise in taxes to take a toll on category-III alternative funds

Budget 2019 mentioned an increase in the taxation of trusts and associations of persons

Sensex up 185 pts, L&T continues to shine

Markets across Asia ended on a mixed note as caution prevailed in Japan over bleak economic outlook and losses in utility shares

Market Wrap, July 9: Indices end flat, Nifty holds 11,550

The Sensex hit an intra-day low of 38,436, down 285 points, while the Nifty50 skid 98 points to touch 11,461 mark

PSU banks hit fresh 52-week low; analysts remain cautious

Bank of India, Allahabad Bank, Canara Bank, Dena Bank, Oriental Bank, Syndicate Bank, Uco Bank and Vijaya Bank have touched their respective 52-week lows on the NSE.

MARKET WRAP: Indices end flat, Nifty holds 11,550; Realty, pharma shine

The Sensex hit an intra-day low of 38,436, down 285 points, while the Nifty50 skid 98 points to touch 11,461 mark.

Maruti Suzuki hits over 2-year low; down 10% in three days

The stock was down 2% to Rs 5,911, its lowest level since March 9, 2017.

Adani Power, Just Dial, Varun Beverages hit 52-week highs

Adani Power has zoomed 42 per cent against 2.4 per cent decline in the benchmark index in the past month

Mindtree hits 52-week low; stock dips 17% in two days after top mgt resigns

The stock fell below its previous low of Rs 753 touched on October 26, 2018 in the intra-day deals. Meanwhile, the stock on Monday turned ex-date for dividend of Rs 24 per share.

Maruti, Coal India among 49 stocks trading in oversold territory, shows RSI

RSI reflects opportunities of Buy and Sell whenever a stock/index exhibits a decent formation.

BSE Consumer discretionary index hits 52-week low; Bata, DMart down over 3%

For consumer retail companies, we expect profit margins to remain under pressure led by higher discounting sales and sub-optimal pick up in revenue, says Antique Stock Broking.

Right time for govt to raise funds through sovereign bonds: CEA Subramanian

Finance ministry officials said the government could raise about 10-15% of proposed Rs 7.1 trillion government borrowings this fiscal year through sovereign bonds

Titan slumps 13% on lower-than-expected Q1 growth in jewellery business

In its quarterly update, the consumer goods company said high gold prices in June impacted its jewellery business.

Share buyback runs into tax roadblock, govt move may hurt repurchase

More than 70 companies, including software exporter Wipro Ltd, announced or completed Rs 354.6 billion of share buybacks in the first half of 2019

Stocks to watch: TCS, Titan, Bajaj Finance, Hero MotoCorp, Mindtree, RIL

Here's a look at some of the counters that are expected to trade actively in today's session.

Maruti Suzuki stock slips 5.2% to hit 52-week low on production cut worries

The sector has been pressing the government for a reduction in the goods and services tax

Market Ahead, July 9: Top factors that are likely to guide markets today

Investors may be staring at another subdued day in the markets today as concerns over certain Union Budget proposals, weak global cues, and June quarter earnings continue to dominate sentiment

Top trading ideas by Anand Rathi: Buy McDowell, Cipla; Sell ICICI Bank

Top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.

Why bank fixed deposits make better sense than buying T-bills, G-secs

Retail investors have stayed away from G-secs due to lack of secondary market

FPI surcharge makes markets see red; Sensex posts biggest fall in 9 months

Most global equities fell sharply after the strong US job data cast doubts