Page 2895 - Markets News

NSEL scam: Sebi grants Motilal Oswal 3 weeks to reply to show cause notice

Motilal Oswal, Geofin Comtrade, Anand Rathi, India Infoline and Phillip Commodities had made applications to the Sebi for registration as commodity brokers

NSE in talks with Sebi, seeks inspection of documents in co-location case

On July 4, Sebi had served fresh show cause notices to NSE and over 20 others for alleged violation of norms

Sensex ends 333 points lower as FMCG shares drop; Nifty below 11,600

The 30-share index closed at 38,312, while the Nifty 50 closed at 11,582.35, down 98 points or 0.84 per cent

Project pipeline and demand to drive JSW Steel growth; stock gains

Backward integration, brownfield expansions and buys will improve topline, margins

MCLR hike may not be sufficient for banks; SBI stock rises 1.1%

Credit growth, ability to pass on further increase in cost of funds are key: Experts

Today's picks: From Nifty to PowerGrid, hot stocks to watch on Tuesday

Nifty, Bank Nifty, Bajaj Finance and PowerGrid

L&T Infotech OFS subscribed 3 times, sale sees bids for 29.8 million shares

Shares of L&T Infotech on Monday closed at Rs 1,771, down 1.4 per cent

Mutual fund managers churn portfolios, go slow on purchase of equities

Experts suggest that gross inflows have slowed down as wealthy investors, who are more sensitive to market swings and volatility, have started churning their portfolios

Textile Ministry issues draft BIS-based quality standards for cotton bales

Industry experts say this would help Indian cotton to get better prices in the long run and, in turn, benefit farmers

NCLT approves merger of Ahmedabad based NMCE with Reliance-anchored ICEX

The merger will create India's third largest commodity exchange after MCX and NCDEX

Growth picks up, but concerns remain

The economy seems to have recovered from the impact of GST and demonetisation and should grow at around 7.5 per cent for FY19

Rupee weakens further against US dollar, hits fresh low of 71.10

The rupee's previous record low was 71, marked on August 31

MARKET WRAP: Sensex dips 333 pts; PMI data, proposed FPI norms spook Street

Among sectoral indices, the Nifty FMCG index settled over 2.5 per cent lower weighed by HUL and Britannia Industries.

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