Page 2623 - Markets News

Overseas investors can't ignore India if they seek higher returns: Manulife

Amid uncertainty about global economic growth, investors are looking for markets that are driven by domestic demand, have room for lower interest rates

Bond and currency markets differ on where interest rates are headed

While the bond market is relatively conservative about their interest rate expectations, the currency market seems to be projecting that interest rates should be much sharper

India's market turnover among lowest globally, shows World Bank data

According to the World Bank, India's turnover ratio at 58 in 2018 was a 43 per cent drop from 101 recorded in 2004

SAT sets July 17 deadline for Sebi in Allied Financial case

Regulator to hear all parties involved in plea by IL&FS Securities seeking annulment of trades

Ramp-up in capacity to keep fizz intact for Varun Beverages stock

Higher margins, asset turnover should boost return on equity; Street sees 15-20 per cent upside potential

2.5% import duty waiver on iron ore lumps a cost relief for steel mills

The move is likely to facilitate greater ore availability to steel mills post March 31, 2020 when licences of many merchant mines expire

Steel mills to roll over product prices in July despite hike in input costs

They are unwilling to revise prices upwards following weak demand due to sluggish infrastructure and construction activity

Gold soars by Rs 600 in Mumbai's Zaveri Bazar, silver shows modest uptrend

Strong rupee takes some shine off rally in yellow metal; jewellery buyers defer fresh purchases on hopes of a correction in prices from current high levels

Unrealistic to expect any major boost from the Budget itself: Pratik Gupta

Although, said Gupta, various government initiatives may accelerate economic growth in next 1-2 months and hence change sentiment

Multiple triggers could boost Axis Bank's return ratios, say analysts

Lower credit cost, operating leverage and shift in loan mix are key positives

Market Wrap July 3: Indices end flat ahead of Economic Survey

Sectorally, information technology (IT) scrips were under pressure with the index with ending 0.90 per cent lower. This was followed by losses in pharma and metal counters

MARKET WRAP: Indices end flat ahead of Economic Survey; Nifty holds 11,900

In the broader market, S&P BSE Mid-Cap ended 16 points, or 0.11 per cent higher at 14,962 levels while the S&P BSE Small-Cap gained 37 points, or 0.26 per cent, to settle at 14,320 levels

PNC Infratech nears record high; stock surges 47% in two months

In the past two months, the stock has outperformed the market by surging 47 per cent, as compared to a 2 per cent rise in the Sensex.

Tourism Finance Corporation tanks 24% in 2 days on exposure to Cox & Kings

Shares of Cox & Kings were locked in the 5 per cent lower circuit for the sixth straight day at Rs 31 per share.

Tata Comm slips 4% after CEO Vinod Kumar resigns, pares losses later

Kumar's resignation will be effective from the close of business hours on 5 July, 2019

Overseas investors chasing higher returns can't ignore India, says Manulife

Foreign investors have pumped more than $11 billion into Indian equities this year on bets there will be political stability and more room for a majority government to push for economic reform

OMCs, tyre and paint companies gain on over 4% plunge in crude oil prices

Oil prices fell more than 4 per cent on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March.

DHFL gains 7% on report of lenders willing to extend fresh line of credit

DHFL hasn't been able to disburse new loans for over six months since the liquidity crisis broke in September 2018

Stocks to watch: HFCs, ICRA, CARE Ratings, OMCs, Tata Sponge, Mindtree, L&T

Here's a list of some of the companies whose shares are expected to trade actively in Wednesday's session -

BSE suspends trading of JK Pharmachem and 7 others on investors' complaint

About 106 complaints were resolved in June, including pending complaints of the earlier period. Of these, 100 were against active companies and six were against now suspended companies, the data show