Page 2822 - Markets News

Govt to infuse Rs 30.5 billion as fresh capital in Allahabad Bank

This is the govt's contribution in the preferential allotment of equity shares of the bank during the financial year 2018-19

10 of 15 newly-listed firms trade below IPO price in FY19, plunge up to 53%

Shares of ICICI Securities have been the worst hit, plunging 53.20% from its issue price of Rs 520 per share

Sebi bans Capital True Financial's proprietor from diverting any funds

Narendra Singh Tanwar has also been prevented from further misleading investors on false pretense

IPO pipeline may moderate in Samvat 2075 over weakness in secondary market

A total of 30 companies raised Rs 510 billion in Samvat 2074 surpassing the previous year's tally of Rs 489 billion, data sourced from Prime Database shows

Samvat 2074 ends on rocky note as resurgent market runs into rough weather

Monetary tightening by central banks, global trade tensions and worries surrounding slowdown in world economic growth led by China are some of external factors that could keep markets on tenterhooks

Looking for value in the new Samvat? Here are the top large-cap picks

With the correction over the last few months and Nifty valuations closer to its 10-year average, brokerages believe it is time to selectively buy good quality businesses at reasonable prices

Quality takes centre stage as investors seek safety in Samvat 2075

Analysts highlight incessant domestic fund flows into smaller companies driven by need for high returns and expectations of higher earnings growth

After a dull year, Gold may recover some lost glory in Samvat 2075

Last Samvat, international gold prices had spiked to above $1,360 an ounce before falling to below $1,200

Indian Bank raises Rs 1.1 bn through Basel-III-compliant Tier-2 bonds

The board had earlier approved the raising of Basel-III-compliant AT1 or Tier-2 bonds up to Rs 10 billion

Jhunjunwala takes his biggest hit in 10 quarters: Here's a look at his bets

But shows increased stake in stocks under a cloud- including Dewan, SpiceJet and Fortis

Markets kick off Samvat 2075 on a positive note; Sensex, Nifty gain 0.7%

This is the biggest muhurat day gain for the benchmark indices in 10 years

Marico's earnings outlook improving as copra price drops by as much as 35%

Profitability and volumes of key Parachute brand of oil to get a major boost, say analysts

MUHURAT TRADING WRAP: Sensex up 246 points; best Muhurat-day gain in 10 yrs

Mahindra and Mahindra (M&M) rose over 2 per cent to Rs 795 on the BSE, while Tata Motors gained 1 per cent to Rs 195. Infosys rose 1.5 per cent to Rs 677

Manappuram Finance gains 6% post Q2 results

The stock was up 6% to Rs 87.40 on the BSE after the company reported 41% Y-o-Y jump in consolidated net profit at Rs 2.24 billion in September quarter.

Oil holds near $72 on rising US inventories, Iran sanction waivers

The US reimposed sanctions against OPEC member Iran's oil exports on Monday. Having initially talked of cutting shipments to zero, Washington gave waivers to eight customers, allowing limited imports

Buy Glenmark Pharma for a target of Rs 710: Prabhudas Lilladher

Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

Oil slides amid supply spurt, Iran sanction waivers; Brent sheds 14 cents

In China, a flotilla of supertankers carrying around 9 million barrels of Iranian oil worth about $650 million is sitting outside Dalian port

IL&FS effect: Sebi may review existing regulatory norms for liquid schemes

Besides reviewing the single-investor limit, the regulator is mulling whether a liquid scheme is the right place for money meant for banks' intra-day liquidity

Balkrishna Industries: Demand worries in Europe to impact margins

The biggest hurdle is the European business, which accounts for half of the overall volumes of the company

CG Consumer Electricals: Recovery in margins is keeping analysts hopeful

Lighting margins seen recovering; consumer durables remain strong