Page 2942 - Markets News

NSE-SGX licensing pact to continue beyond August

Arbitrator asks SGX not to launch its disputed products until the final decision

TPG Growth's impact fund invests $70 mn in Fourth Partner Energy

Fourth Partner Energy is a distributed energy management company with in-house capabilities across design, engineering, construction, service, monitoring and financing

Singapore Exchange to continue SGX Nifty trade despite India dispute

SGX responded that it would launch successor products to its flagship Indian equity derivative products on June 4

Mutual funds bat for location-neutral incentives to bring new investors

Sector experts say the momentum from smaller cities and towns remains strong

High valuation not a big worry for Page Industries; stock gains

Analysts expect volume growth to recover; firm may curb operating expenses to protect margins

Pain for India's $350 billion state bonds is good, say global fund managers

The new valuation method, though, could be another pressure point for borrowers at a time when the benchmark yield is near a 3 1/2-year high

India proposes retaliatory tariffs worth $241 mn on 30 US products

Earlier in May, India proposed to raise duties by up to 100 per cent on 20 products such as almonds, apple and specific motorcycles imported from the US

HNIs selling stocks to buy real estate is risk for Indian mkts: Chris Wood

Chris Wood to up investment in HDFC Bank, Indiabulls Ventures

E-commerce captures 38% smartphone sales in India during Q1 2018: Report

Flipkart leads the pack, followed by Amazon and Mi

MARKET WRAP: Indices trim losses to end flat, Nifty at 10,818; Pharma gains

TCS hit a new high of Rs 1,849 per share on the BSE intra-day, after the IT major said that its board has approved a proposal of buyback upto 76.19 million equity shares at price of Rs 2,100 per share

Broker-backed AMCs look to get more of retail investor inflow

AMCS are looking for partnerships with SFBs AU, Equitas, Ujjivan and retail banks like IndusInd Bank and ICICI Bank

TCS hits new high as board approves share buyback at Rs 2100 per share

The stock hit a new high of Rs 1,849, up 3% after the company said its board approved a proposal of buyback upto 76.19 million equity shares at price of Rs 2,100 per share through tender offer.

Manpasand Beverages put under ASM framework; stock falls 5%

The stock locked in down circuit of 5% at Rs 158 on the BSE.

Nifty Pharma index set to post biggest weekly rally in 15 years

At 11:23 am; Nifty Pharma index, the largest gainer among sectoral indices, was up 2.2% at 9,310, surging 8.2% thus far in current week.

India's decision to deregulate bond prices a good move, say investors

Foreigners say move to market pricing will instill discipline

Reliance Industries, Bajaj Finance, Jubilant FoodWorks hit new highs

United Breweries, Page Industries and Sundram Fasteners from the S&P BSE500 index hitting their respective new highs on the BSE in intra-day trade in otherwise subdued market.

Rupee hits 3-week low, slips 36 paise to 67.98 against dollar

The dollar strengthening against other currencies overseas as the European Central Bank pledged to leave interest rates unchanged until mid-2019, weighed on the rupee

Dr Reddy's gains 3% on USFDA nod for launch of generic version of Suboxone

In past eight trading sessions, the stock of pharmaceutical company has rallied 20% from Rs 1,960 on June 5, 2018, as compared to 2% rise in the S&P BSE Sensex.

Karnataka iron ore offtake falls sharply, only 25% of NMDC's output sold

Steel units justify sourcing from other states saying it helps them boost profits as the quality is superior and comes at a reasonable cost

Derivative strategy on Tata Elxsi by HDFC Securities

Derivative strategy on Tata Elxsi by Nandish Shah, Technical & Derivatives Analyst, HDFC Securities