Page 2640 - Markets News

With steady loan growth, RBL Bank draws many similarities to HDFC Bank

RBL's rich valuations, at 3.5 times its FY20 estimated book, is similar to HDFC Bank's, which continues to remain among the most expensive banking stock for its ability to maintain a clean loan book

F&O expiry to US-China trade war, top factors that may drive market today

The expiry of May series F&O contracts and US-China trade war concerns will be key triggers for indices on Thursday

RBI forms committee to review existing state of mortgage securitisation

The committee has been asked to submit its report by the end of August 2019

BNP Paribas sees more broad-based market gains ahead

BNP Paribas says Nifty valuations are well above long-term averages

Bond yields rally in May on rate cut hopes after BJP's resounding victory

The bond market expects at least 25 basis points (bps) cut in the June 6 policy

MSCI rejigs index: India's weightage cut triggers passive outflow in market

India has the fifth-biggest weight in the index at 11.1 per cent, after South Korea at 14.6 per cent and Taiwan at 13 per cent

IDBI Bank invites bids for MF arm; ICICI Securities selected as advisor

Earlier, it was speculated that IDBI AMC could get merged into the LIC Mutual Fund (MF)

Foreign investors feel tax heat in equities, look for options to invest

Convertible debentures emerge as alternative with equities now coming under the tax net

Bumpy road ahead: Poor demand, higher costs may hit M&M's profitability

Despite the pressure on profitability, margins were ahead of Street estimates

Today's picks: From Tata Steel to Maruti, hot stocks to buy on Thursday

Nifty, Bank Nifty, Maruti, Tata Steel and Tech M

Bayer says India's agriculture economy stressed, banks on new products

Focuses on launching new products to beat the slowdown in India's agriculture economy

Havells feels the heat as consumer business slows, Q4 results disappoint

Q4 sales, profit came below estimates; improving growth momentum crucial for stock

F&O cues: Check why Tradebulls Securities suggests a buy on dips strategy

Option pain for the current expiry around 11800 should act as a critical support zone, while the Highest CE OI congestion still resting at 12000 remains the immediate hurdle

Market Wrap, May 29: Sensex, Nifty snap three-day record closing run

Among Nifty sectoral indices, only Nifty IT managed to stay in the green zone, with Nifty PSU Bank index, down 2.8 per cent, falling the most, followed by Nifty Metal, down 1.9 per cent

Sensex, Nifty snap three-day record closing run ahead of F&O expiry

All that happened in the markets today

KEI Industries shares gain for the eight consecutive day; stock surges 5%

The stock hit a new high of Rs 531, rallied 37% since May 17, 2019, after the company reported a strong operational performance in the March quarter.

S Chand and Company hits new low; stock tanks 83% against IPO price

The stock tanked 14% to Rs 116 on the BSE, after the company posted 48% dropped in consolidated net profit at Rs 172 crore in March quarter, due to lower revenue and higher interest cost.

Jubilant Life extends fall on weak Q4 results; stock hits 33-month low

The company had reported a net loss of Rs 101 crore Q4 FY19 on account of a one-time loan settlement with International Finance Corporation

Investment advisors under Sebi lens over complaints of overcharging

Sebi pulled up Highbrow Market Research for giving multiple intra-day trading tips to clients, despite their risk profile being averse to such positions

Easy tax norms make CCDs a hit among Mauritian, Singaporean investors

Gains are exempt from taxation provided investors exit before the conversion to equity