Page 2991 - Markets News

Fire sale by MFs spells trouble for portfolio management services

Other market experts believe given that the market has been volatile, bottom fishing has become quite difficult for fund managers and PMS players

Sebi proposes to allow foreign entities in commodity derivatives

Sebi said it has been advised by the CDAC to adopt a calibrated approach before opening up the commodity derivatives market

RBI manages to sell entire stock in Friday's Rs 120-bn bond auction

RBI, on behalf of the government, sold five bonds, including one fixed rate bond maturing in 2031, against which it raised Rs 40 bn

NSE receives approval from US derivatives regulator CFTC to sell products

Will enable domestic stock exchange to sell its products to US-based investors

HUL surpasses ITC in market cap ranking first time since February 2005

HUL with Rs 3,424 billion market-cap overtook ITC, which have market-cap of Rs 3,415 billion at 02:59 pm; the BSE data shows.

Sensex falls for a fourth straight day as rupee, oil prices weigh

In the past four trading sessions, foreign portfolio investors (FPIs) have pulled out nearly Rs 20 billion from the domestic market

Rising oil prices a key threat to Indian equities, says CLSA's Chris Wood

Wood says his base case remains that Narendra Modi and the BJP will win again, albeit probably with a reduced majority.

Sebi clears 7 present, former Emami promoters of insider trading charges

Sebi in an order said the allegations against the promoters stand 'not proved'

JPMorgan Asset sees Indonesia, India bouncing back after selloff

JPMorgan Asset Management sees investors piling back into the two countries' bonds and currencies as the greenback's strength begins to wane

Gold prices slips to its lowest as surging US Treasury yields lift dollar

The metal was heading for its biggest weekly decline since early-December

MARKETS ON FRIDAY: Indices decline for 4th session, Sensex down 301 pts

Benchmark indices declined for a fourth straight session on Friday, amid caution over uncertainty over the formation of government in Karnataka,

Govt unlikely to cancel bond auctions despite spike in yields: Source

Economic Affairs Secretary Subhash Chandra Garg will review the bond market's recent volatility later on Friday

RCom pares morning gains, falls 4% post a 25% rise

At 1:30 pm; RCom was trading 4% lower at Rs 15.85. It hit a high and low of Rs 20.65 and Rs 14.10 during the day

Strides Shasun tanks 25% on weak Q4 results

The stock tanked 25% to Rs 378, also its 52-week low on the BSE after the company reported a consolidated net loss of Rs 44 million in March 2018 quarter.

Avenue Supermarts falls 8% as Radhakishan Damani plan to sale upto 1% stake

The stock dipped 8% to Rs 1,379 after the company said the promoter Radhakishan Damani propose to sell upto 1% stake in the company in the open market for achieving minimum public shareholding

Four years of Modi govt: Market return improves but still below UPA's

SENSEX has returned 42% during the four years of NDA govt; its worst performance was under the Vajpayee-led government, which assumed office in Oct 1999

Nifty PSU Bank hits fresh 52-week low; BOB touches over 2-yr low of Rs 126

Nifty PSU Bank index hit a fresh 52-week low of 2,672 in the intra-day deal today, falling 26% in past four months as compared to 1.6% decline in Nifty 50 index.

Star fund managers jump ship even as assets soar

Exodus of top managers an unintended side effect of roaring MF industry

Bharti Airtel falls for sixth straight trading day; stock hits 52-week low

The stock hit a 52-week low of Rs 356, falling 13.6% in past six trading sessions after RJio announced a new unlimited postpaid plan on Thursday May 10

SRF falls 11% on disappointing Q4 results

The stock dipped 11% to Rs 1,997 after the company reported a consolidated net profit of Rs 1.24 billion against an average analyst estimate of Rs 1.41 billion in March quarter.