Page 2669 - Markets News

Sudhir Valia-backed ITI group forays into mutual fund business

The fund house seeks to differentiate itself in the 41-player MF industry

No rate cut in sight, below-avg monsoon: Bond rally may soon ebb in India

Predictions for below-average rain by a private forecast earlier this month has raised the specter of increasing food costs combining with higher oil prices

Street takes grim view of Avenue Supermarts' falling profitability

Anticipation of rise in operating costs and further pressure on margins may drag sentiment around the stock

Commodity market sees big liquidity push with mutual fund foray

Sebi has approved a proposal to allow MFs, regulations for which are being prepared

Today's picks: From Infosys to Coal India, hot stocks to buy on Tuesday

Nifty, Bank Nifty, Infosys, HDFC Bank and Coal India

Derivatives strategies: Nifty could see violent swings

The Nifty has run to recent highs above 11,700 after it broke out beyond 11,000 a month ago

ETF money continues to flow into emerging markets, says report

These passive investment vehicles have assets under management (AUMs) of $286 billion

Metropolis Healthcare shares gain 9% over issue price on debut

On a price-to-earnings (P/E) valuation basis, analysts said Metropolis is cheaper than Dr Lal Pathlabs

Sensex, Nifty edge higher for a third straight day; TCS shares rise

Both foreign and domestic institutional investors (FIIs and DIIs) were net-buyers

Dr Reddy's eyeing volume and value growth in the US

Firm is adding volume-driven products such as the recent acquisition of 42 ANDAs. The portfolio has over 30 injectables and an addressable market size of $645 mn

Do stock market and monsoons make a match? Here is what data says

Correlation between IMD's April predictions and calendar year returns on S&P BSE Sensex is -0.34, suggesting monsoons have had limited effect on market returns for a given year

NBFC MFI funding from securitisation deals up 170% to Rs 26,200 cr in FY19

SBI led the rise, buying portfolios worth Rs 45,000 cr, say MFIs; 43 firms raised funds via securitisation in FY19 versus 24 in FY18; Of these, 14 were first-time entrants

Market Wrap, April 15: Sensex up 139 pts, Nifty ends at 11,690

Tata Motors ended over 7 per cent higher at Rs 231 apiece on the BSE on expectation of improved outlook

Metropolis Healthcare closes 9% higher at Rs 960 from issue price of Rs 880

The public issue of the company was subscribed 5.84 times, as per subscription data available on exchanges.

MARKET WRAP: Sensex up 139 pts, Nifty ends at 11,690; Tata Motors gains 7%

All that happened in markets today

Rail Vikas Nigam hits 20% upper circuit after a tepid debut last week

The locked in upper circuit of 20 per cent at Rs 23.70 on BSE on Monday after listed par against its issue price of Rs 20 per share on Thursday.

Tata Motors gains 62% from Feb low on Tata Sons stake buy, improved outlook

It has rallied 62 per cent from its February 8, 2019, low of Rs 142 on the BSE, after the company's promoter, Tata Sons bought shares worth over Rs 500 crore in the company

Gillette India hits all-time high; stock surges 5%

The stock hit an all-time high of Rs 7,661, up 5 per cent on the BSE, surging 17 per cent thus far in April, on the expectation of strong volume growth in March quarter.

Foods & Inns hits 20% upper circuit for second straight day on HNI buying

On Friday, April 12, 2019, Mahendra Kumar had bought 1,21,000 shares of Foods & Inns at Rs 222.87 per share on the BSE.

Infosys, TCS: Here's how leading brokerages interpret Q4FY19 results

On Monday, though Infosys lost over 3 per cent on the NSE to Rs 722 levels, TCS moved nearly 3.3 per cent higher to Rs 2,081 levels in intra-day deals