Page 2691 - Markets News

Sebi wants safety-first, contingency plans in place for MF investors

Regulator wants trustees to prepare report on complex exposures to promoter entities

Gains ahead for gas companies as LNG price crack 65% in 6 months

Lower prices should benefit all the players in the gas distribution value chain

Rail Vikas Nigam's Rs 477-crore IPO subscribed 8% on first day of bidding

At the top end, Rail Vikas will be valued at Rs 3,962 crore

MSTC shares fall 5% on debut over lukewarm response to IPO

Shares of MSTC ended at Rs 113.8 compared to its IPO price of Rs 120 per share

Oil posts biggest quarterly rise since 2009 on OPEC cuts, sanctions

For the two benchmarks, the first quarter was the best-performing quarter since 2009, when both gained close to 40 per cent

Sensex ends 2018-19 with 17.3% gains; rupee, govt bonds see high volatility

A surge in foreign inflows, amid cooling off of US bond yields, is seen as the major reason behind the latest market surge

Led by the rally in stocks, investors' wealth zooms to Rs 8.83 trn in FY19

Investors' wealth had surged Rs 20.70 trillion during the 2017-18 financial year

Sebi asks mutual funds to disclose details of promoter funding

Regulator concerned with low cover taken on such structures and gaps in risk-management

Sensex gains 17% in FY19, Nifty50 up 15%; double-digit gain 3 yrs in a row

Among individual stocks, Bajaj Finance, RIL and Axis Bank have rallied over 50% each, while ICICI Bank, TCS, Infosys, SBI and HUL gained in the range of 26 per cent to 50 per cent during FY19

Market Wrap: Sensex gains 127 pts, Nifty ends at 11,624 on last day of FY19

During the financial year, Sensex climbed 16 per cent and Nifty50 index gained around 14 per cent

Power Finance Corporation extends rally on acquisition of REC

PFC has acquired 52.63 per cent equity stake of the Centre in the REC along with the management control

MARKET WRAP: Sensex gains 127 pts, Nifty ends at 11,624 on last day of FY19

All that happened in markets today.

Bajaj Finance, ICICI Bank, Ipca Labs, Varun Beverages hit record high

Asian Paints, Merck, Adani Gas, Future Lifestyle, Gujarat Fluorochemicals and Muthoot Finance were among 14 stocks hitting their respective all-time highs on the BSE on Friday.

DLF hits 6-month high on successful QIP issue; stock surges 25% in a month

Oppenheimer Global Fund, Society Generale, BNP Paribas, Morgan Stanley France, Copthall Mauritius Investment and Stichting Depositary APG Emerging Markets allotted the shares in the offer

MSTC locked at 5% upper circuit after weak stock market debut

On the NSE, shares of MSTC opened at Rs 115, a 4 per cent discount to the issue price. It touched a high of Rs 120 and a low of Rs 111

Vodafone Idea goes ex-date for rights issue; stock pares gain

The company's board of directors had approved Rs 25,000-crore rights issue on March 20

SBI Life Insurance falls 6% on BNP Paribas stake sale

Post-transaction, BNP Paribas Cardif's stake in SBI Life Insurance is likely to decline to 7.57 per cent from 12.77 per cent

Rupee opens 6 paise higher at 69.24 against US dollar

The domestic unit slumped 42 paise to end at 69.30 on Thursday, its second straight session of decline, in line with other Asian currencies amid strengthening of the greenback.

Rail Vikas Nigam IPO opens today: Why analysts suggest subscribing to it

RVNL, which is a project executing agency working for and behalf on Ministry of Railways, has an order book of Rs 77,500 crore.

AstraZeneca Pharma, Britannia, Wabco and Eicher Motors to watch out for

Here's a look at the top stocks that may remain in focus today -