Page 2815 - Markets News

Outlook for Bharti Airtel remains challenging as ARPU continues to decline

Heightened competition across customer segments, especially from Jio could translate into steepest industry ARPU fall in three years

Reliance Nippon AMC files draft papers for fourth tranche of CPSE ETF

Govt has already appointed ICICI Securities as the advisor for the fourth tranche of CPSE ETF

Govt plans global ETF to tap investment from large overseas pension funds

Govt was planning to list Bharat-22 ETF in the overseas market but decided not to go ahead with it as investors expressed apprehensions over the cost associated with hedging and currency conversion

Q2 results, PMI, fiscal deficit data to drive equity market this week

In the coming week, the direction of flow of foreign funds will assume significance as there have been massive outflows in October

Amid falling rupee, trade war, FPIs have pulled out Rs 356 bn in Oct so far

The latest outflow is higher than Rs 210 bn worth of net withdrawals seen in entire September

Gold hits six-year high of Rs 32,625 per 10g over festive season demands

Besides, a depreciating rupee, that made imports costlier also added to the uptrend in the gold prices

All 50 components of Nifty fell below their 50-day moving average this week

The Nifty on Friday closed at 10,030

Sensex, Nifty hit fresh 7-month lows; YES Bank, TCS, Infosys stocks fall

Analysts said disappointment in earnings is adding to market woes

D Street wary as ITC's high cigarette volume growth came at cost of profit

Analysts believe gradual price hikes will help sustain decent growth in cigarette volumes

Direct investing in equity schemes could get cheaper after Sebi's circular

AMCs' start re-adjusting their expenses back into individual schemes as directed by regulator

Black Friday: Equitas, Ujjivan shares tank on RBI's tough SFB listing stand

Till clarity emerges on regulatory fronts and the two companies diversify their loan books in a healthy way, it may not be rewarding for shareholders

BSE gets Sebi's nod to launch copper contracts, trading to start on Nov 2

The exchange forayed into commodity derivatives segment with the launch of gold and silver futures contracts on October 1

Start-up listing: Sebi moots more investor categories, relaxed norms

Sebi has mooted changes to the framework of Institutional Trading Platform, which has not seen much traction even though it was put in place in August 2015

Ujjivan, Equitas tank upto 40% post RBI circular to list Small Finance Bank

Equitas Holdings tanked 40% to Rs 78, while Ujjivan Financial Services plunged 24% at Rs 167, their respective lowest level since listing on the BSE in intra-day trade on Friday.

Domestic gold prices slump Rs 115 per 10g, global prices surge by 0.2%

Silver also eased by Rs 100 to Rs 41,300 per kg due to reduced offtake by industrial units and coin makers

MARKET WRAP: Sensex cracks 341 pts as banks, IT drag; YES Bank falls 9%

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Nifty IT index hits four-month low; TCS, Infosys down 2%

Infosys, TCS, Tech Mahindra, Mphasis, L&T Infotech, HCL Technologies and Mindtree were down in the range of 11% to 28% in past one month.

Sterlite Technologies extends gain on strong Q2 results

The stock moved higher by 6% to Rs 346, extending its past two days 2% gain in an otherwise weak market.

ICICI Bank Q2 preview: Slippages to remain elevated, PAT may drop over 70%

The investors' focus will shift towards growth and NPA resolution and other operational / financial parameters, say analysts.

YES Bank rebounds 11%, but still down 5% as Q2 profit misses estimates

The stock slipped 15% to Rs 169 in early morning trade after the private sector lender reported a lower than expected net profit in Q2FY19.