Page 2760 - Markets News
Experts see 2019 a good year for bond markets, but mixed for rupee
For the rupee, 2019 could be a difficult year as geopolitical uncertainties still loom large
 "Experts see 2019 a good year for bond markets, but mixed for rupee")
After staying range-bound, gold likely to trade with an upward bias in 2019
The rise in initial quarters may see bumps
 "After staying range-bound, gold likely to trade with an upward bias in 2019")
9 of top-10 firms add Rs 572.63 bn in m-cap; RIL gains most, TCS declines
Apart from TCS, companies including HDFC Bank, HUL and ITC made gains in their m-cap
 "9 of top-10 firms add Rs 572.63 bn in m-cap; RIL gains most, TCS declines")
Sebi to ramp up market surveillance, data warehouse tool to identify frauds
The data warehousing and business intelligence system, which went live in 2011, is used for speedy analysis of trade data in a bid to identify securities law violations
 "Sebi to ramp up market surveillance, data warehouse tool to identify frauds")
Dec FPI investment in India at Rs 54 bn on softer crude, stronger rupee
FPIs put in a net amount of Rs 19 billion in equities and Rs 35.77 billion in the debt markets
 "Dec FPI investment in India at Rs 54 bn on softer crude, stronger rupee")
Special 26: These stocks consistently outperformed markets for 5 years
L&T Infotech, L&T Technology Services, Bata India, NIIT Technologies, HEG and Vimta Lab are among 19 stocks that have rallied over 50 per cent in CY18.
 "Special 26: These stocks consistently outperformed markets for 5 years")
Sebi clarifies on use of segregated portfolio by mutual fund industry
Using the mechanism could impact a fund manager's performance incentives
 "Sebi clarifies on use of segregated portfolio by mutual fund industry")
Lemon Tree gains 12% on JV with Warburg Pincus to create co-living platform
The stock rallied 12% to Rs 77.15 on BSE after the company has formed a JV with an affiliate of Warburg Pincus, a leading global private equity firm, to create a co-living platform.
 "Lemon Tree gains 12% on JV with Warburg Pincus to create co-living platform")
Sebi's new OFS norms come into play for firms with over Rs 10-bn m-cap
Companies with market capitalisation of more than Rs 10 billion can use the OFS mechanism to offload shares
 "Sebi's new OFS norms come into play for firms with over Rs 10-bn m-cap")
Equities went through a rough ride in 2018 as volatility dented sentiment
Most of the retail money in shares after 2015 has come through the mutual fund (MF) route
 "Equities went through a rough ride in 2018 as volatility dented sentiment")
Lower raw material costs, premium products to improve HUL's profitability
Faster growth of premium products is likely to add to HUL's profitability score
 "Lower raw material costs, premium products to improve HUL's profitability")
India beats most global markets in 2018; Sensex rises nearly 6%
A sharp decline in oil prices and strong buying by domestic funds have helped Indian markets withstand global volatility since October
 "India beats most global markets in 2018; Sensex rises nearly 6%")
From TCIL to RCIL, Cabinet okays listing of seven PSUs on stock exchanges
TCIL, RCIL, NSC, THDCL, WAPCOS and FAGM will be taken public through the initial public offering, while KIOC will be made public through the follow-on public offer (FPO) route
 "From TCIL to RCIL, Cabinet okays listing of seven PSUs on stock exchanges")
MARKET WRAP: Sensex reclaims 36,000, Nifty ends at 10,860 led by financials
The S&P BSE Sensex gained 269 points or 0.75 per cent to close at 36,077 while the NSE's Nifty50 index reclaimed the crucial 10,850 level to end at 10,860, up 80 points or 0.74 per cent.
 "MARKET WRAP: Sensex reclaims 36,000, Nifty ends at 10,860 led by financials")
PVR to raise Rs 7.5 bn via issue of securities, seeks shareholders' nod
The multiplex operator said voting through e-voting will be held between December 31 to January 29, 2019, and the results will be announced on January 30, 2019
 "PVR to raise Rs 7.5 bn via issue of securities, seeks shareholders' nod")
Are stocks of non-lending financial institutions a good investment option?
These new-age listed NLFIs, Centrum Wealth says, provides an opportunity to investors to participate in the growth arising out of changing face of Indian finance industry.
 "Are stocks of non-lending financial institutions a good investment option?")
PSU banks extend gains; Canara, PNB, Vijaya,Syndicate Bank hit 3-month high
United Bank of India, Union Bank of India, Corporation Bank, Indian Bank, OBC, BOI, BOB, Central Bank of India and SBI were up more than 1% on NSE.
 "PSU banks extend gains; Canara, PNB, Vijaya,Syndicate Bank hit 3-month high")
Rupee opens 30 paise higher at 70.05 against US dollar
Today, USD/INR pair is expected to quote in the range of 70.05 and 70.80, says Gaurang Somaiya, Research Analyst(Currency) at Motilal Oswal Financial Services.
 "Rupee opens 30 paise higher at 70.05 against US dollar")
5paisa Capital rallies 17% in two days as promoter hikes stake
The stock is locked in the upper circuit of 10% at Rs 223 on Friday, surging 17% in past two trading days, after Nirmal Jain, the promoter of the company hiked his stake through open market.
 "5paisa Capital rallies 17% in two days as promoter hikes stake")
Markets in December: 'Bizarre' stock moves leave traders scratching heads
Since 1945, December has produced the highest average gains of any month, but this month is set to be the worst of the year
 "Markets in December: 'Bizarre' stock moves leave traders scratching heads")