Page 2943 - Markets News
Government bond yields poised to rise as market reacts to RBI's rule change
The prevailing environment of rising bond yields, in part due to RBI's hawkish policy bias, has made banks unwilling to hold government bonds in excess of their liquidity requirements
 "Government bond yields poised to rise as market reacts to RBI's rule change")
Infosys hits record high on the BSE
The stock hit a record high of Rs 1,278.55, up 1.6% on the BSE in intra-day trade on Wednesday, surpassed its previous high of Rs 1,278 reported on June 3, 2016.
 "Infosys hits record high on the BSE")
Usha Martin surges 45% in three days after Tata Steel joins race to buy it
The stock is locked in upper circuit of 20% at Rs 28.90, has rallied 45% from Rs 19.95 on June 5, as compared to 1.2% rise in the S&P BSE Sensex.
 "Usha Martin surges 45% in three days after Tata Steel joins race to buy it")
US Fed likely to hike rates by 25 bps on Wednesday, say analysts
Most analysts expect the US central bank to hike rates at least twice this year - in June and in September.
 "US Fed likely to hike rates by 25 bps on Wednesday, say analysts")
Page Industries extends license agreement with Jockey; stock surges 6%
The stock hit a record high of Rs 26,180, up 6% on the BSE in intra-day trade after the company announced extension of license agreement with Jockey International till December 31, 2040.
 "Page Industries extends license agreement with Jockey; stock surges 6%")
Sun Pharma extends rally on EIR from USFDA for Halol facility
The stock was up 4% to Rs 561 on BSE in early morning trade, extending its past five days 14% rally, after the company announced the resolution of regulatory compliance issues at Halol plant.
 "Sun Pharma extends rally on EIR from USFDA for Halol facility")
Emerging markets can't blame Fed for their problems. Here's why
Central banks in developing countries have had to adjust domestic policies in response to these external pressures
 "Emerging markets can't blame Fed for their problems. Here's why")
Top stock ideas from Prabhudas Lilladher for today: Buy HUDCO, Rallis India
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
 "Top stock ideas from Prabhudas Lilladher for today: Buy HUDCO, Rallis India")
Remain long in Nifty with stop loss of 10,700: HDFC Securities
Nifty outlook and technical calls by Vinay Rajani, Technical Analyst, HDFC Securities
 "Remain long in Nifty with stop loss of 10,700: HDFC Securities")
India Inc independent directors feel the heat as frauds take centre stage
More than 1,000 independent directors have quit since January 2017; more could be on their way out
 "India Inc independent directors feel the heat as frauds take centre stage")
Brokerages ask Sebi for relaxing rules on basket investment plans
However, an issue arises when the broker decides to remove an existing stock or introduce a new one into the basket
 "Brokerages ask Sebi for relaxing rules on basket investment plans")
Today's picks: From HUL to Tata Steel, hot stocks to watch on Friday
Nifty, Hindustan Unilever, Tata Steel, Zee Entertainment
Axis Bank: Sub-investment grade assets may keep bad loans elevated
Sub-investment grade assets may keep bad loans elevated
 "Axis Bank: Sub-investment grade assets may keep bad loans elevated")
Dr Reddy's stock: Product pipeline should boost revenue growth in FY19
Analysts at Nomura believe there is a strong probability that the company will get approval in the near term for Suboxone & expect initially lower competitive intensity
 "Dr Reddy's stock: Product pipeline should boost revenue growth in FY19")
More upside likely for small finance banks; Ujjivan, Equitas stock jump
Transition to low-cost deposits will help improve margins, though some of this benefit might be offset by rise in expansion-related costs
 "More upside likely for small finance banks; Ujjivan, Equitas stock jump")
Sebi constitutes a committee to review institutional trading platform
The platform is essentially aimed at facilitating new-age companies operating in sectors like e-commerce and data analytics
 "Sebi constitutes a committee to review institutional trading platform")
NSE launches 'Tri-Party Repo Market' platform for corporate bonds
In the corporate bond market so far, transactions take place on a bi-lateral basis but a trust factor is still lacking
 "NSE launches 'Tri-Party Repo Market' platform for corporate bonds")
Looking for a haven in emerging-market turmoil? Try India
Propelled by economic reforms that started in 1991 and have been deepened by Modi's government, India's middle class has ballooned past 600 mn.
 "Looking for a haven in emerging-market turmoil? Try India")
MARKET WRAP: Sensex ends 209 pts up, Nifty at 10,843 post Trump-Kim meeting
Among sectoral indices, the Nifty Pharma index ended over 2.5% higher led by a rise in the shares of Lupin, Dr. Reddy's Laboratories and Glenmark Pharmaceuticals.
 "MARKET WRAP: Sensex ends 209 pts up, Nifty at 10,843 post Trump-Kim meeting")
BGR Energy surges 18% post Rs 4.3 billion order win from Nuclear Power Corp
The stock surged 18% to Rs 108 on the BSE after the company said it has secured two orders worth of Rs 4.31 billion from Nuclear Power Corporation of India for Kudankulam Nuclear Power projects -3&4
 "BGR Energy surges 18% post Rs 4.3 billion order win from Nuclear Power Corp")