Page 2875 - Markets News

Bumper IPO year continues: 11 cos approach Sebi in Aug to raise Rs 70 bn

The IPO market has seen heavy activity so far this year as 21 companies have mopped-up close to Rs 280 billion through initial share-sale

Valuations, premium, earnings: India stock market surge explained in charts

The beat isn't prompting investors and analysts to sound the all-clear for Indian equities just yet

Pharma shares extend rally; Dr Reddy's, Sun Pharma hit 52-week high

In past 14 trading days, Nifty Pharma index outperformed the market by surging 15% as compared to 2.3% rise in Nifty 50 index.

Real estate stocks trade weak after SC stays construction in some states

Sunteck Realty, DLF, Indiabulls Real State, Mahindra Lifespace Developers, Ajmera Realty, Puravankara and Kolte Patil Developers were trading lower in the range of 1% to 3% on the BSE.

Balkrishna Ind falls 8% after board approves capex plan of Rs 17 billion

The stock dipped 8% to Rs 1,261 after the company's board approved capex plan of Rs 17 billion in US and India, which funded via a mix of debt and internal accruals.

Ashok Leyland, Bajaj Auto gain; Maruti Suzuki falls post August sales

Eicher Motors, Tata Motors, TVS Motor Company, Hero MotoCorp and M&M were up 1% on the NSE.

Biggest bond inflow in 7 months fails to rescue rupee; headwinds to persist

A rout in emerging-market currencies, elevated oil prices and fears of fiscal slippage before a general election next year have combined to make the rupee Asia's worst performer in 2018

Wipro surges 9% on winning over $1.5 billion deal from Alight Solutions

The stock surged 9% to Rs 328 after the Wipr on Sunday said that it has won its largest contract to date from US-based human resources (HR) and financial solutions company Alight Solutions LLC.

How to hedge your market exposure

The word hedge refers to protection against unfavorable price movements.

Turkey's inflation to trade worries, factors that will drive EMs this week

The US is leaning toward slapping fresh tariffs on Chinese imports as early as this week, affecting a further $200 billion of goods

Crude oil drops on OPEC output, looming Iran sanctions prevent big fall

Output was boosted by a recovery in Libyan production and as Iraq's southern exports hit a record

Bullish on consumption

MFs are betting on real economy, FPIs are sticking to financials

Support for Nifty seen at 11,460, resistance at 11,840: Prabhudas Lilladher

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

Street signs: Broker lobbies integrate, India and EMs diverge, and more

What has played in India's favour this year is exactly what has gone against the EM index

Rupee slide nearing its end, RBI likely to step in, say economists

The rupee should consolidate around the present level, but global sentiments could push it back to 72-72.5 a dollar level

Many reasons why Bajaj Finance stock will remain an outperformer

Strong loan growth thanks to increasing aspirational buyers and healthy asset quality could keep story intact

FMCG to auto, higher growth in rural sales captures spirit of New India

Sale of FMCG items in rural India - home to over two-thirds of the country's population is now growing at 28 per cent higher than urban areas

Indian equities are off to best start to a financial year since Modi win

India is already among the best-performing markets globally this fiscal year

Pharma funds make a comeback; now rises 17.3% for a one-year period

Attractive valuations have spurred fund houses to launch new funds in this category as well

Our June 2019-end target for Nifty50 index is 11,892: Saion Mukherjee

SAION MUKHERJEE, head of India equity research at Nomura, tells Puneet Wadhwa that though it seems unlikely that just the current rupee depreciation can trigger a sell-off