Page 2993 - Markets News
BS Primer: How US SEC recognition will benefit domestic issuances
US investors dealing in securities listed out of the US need to comply with 'Rule 144 of Regulation S' under the US Securities Act
 "BS Primer: How US SEC recognition will benefit domestic issuances")
Crude oil prices hit $80 per barrel, raise alarm bells on Dalal Street
Analysts say there is a peculiar correlation between crude oil prices and equity valuations
 "Crude oil prices hit $80 per barrel, raise alarm bells on Dalal Street")
Q4 results: Bajaj Finance profit suggests no dearth of growth, stock gains
With strong AUM increase, the company posted one of its highest quarterly profit growth; expansion in rural lending to aid future earnings
 "Q4 results: Bajaj Finance profit suggests no dearth of growth, stock gains")
Asia oil thirst cost jumps to $1 trillion annually; Brent hits $80.18
Brent crude futures reached an intraday high of $80.18 a barrel before receding to $79.67
 "Asia oil thirst cost jumps to $1 trillion annually; Brent hits $80.18")
NRI bonds better remedy to stabilize rupee than rate hike: Report
The brokerage is of the opinion that a rate hike by RBI to support depreciating rupee is not likely.
 "NRI bonds better remedy to stabilize rupee than rate hike: Report")
RCom surges 57% today on buzz of settlement talks with Ericsson
The stock surged 56.9% to Rs 16.55 on the BSE on Thursday after the media report suggested that RCom and Ericsson inform NCLT in Mumbai that they are in settlement talks.
 "RCom surges 57% today on buzz of settlement talks with Ericsson")
MARKETS ON THURSDAY: Crude at $80/bbl, K'taka verdict keep indices on edge
Benchmark indices slipped on Thursday, hurt by financial stocks
 "MARKETS ON THURSDAY: Crude at $80/bbl, K'taka verdict keep indices on edge")
Bajaj Finance hits record high as Q4 profit beats estimates;stock surges 7%
The stock rallied 7% to Rs 2,045, also its record high on the BSE, after the company reported a better than expected 60% YoY jumped in its standalone net profit at Rs 7.21 billion in March quarter
 "Bajaj Finance hits record high as Q4 profit beats estimates;stock surges 7%")
SpiceJet hits 11-month low; down 21% in one month
The stock hit an 11-month low of Rs 108, down 4%, extending its past two days 5% on the BSE
 "SpiceJet hits 11-month low; down 21% in one month")
Recategorisation of debt funds: Keep a close eye on your scheme's portfolio
While funds will stick to their stipulated duration band after categorisation norms kick in, they may take credit risk, which investors should watch out for
 "Recategorisation of debt funds: Keep a close eye on your scheme's portfolio")
Muthoot Finance falls 7% post Q4 results
The stock dipped 7% to Rs 389 in early morning trade after the company reported 8% decline its standalone revenue from financing segment at Rs 15.73 billion in March quarter.
 "Muthoot Finance falls 7% post Q4 results")
Jyothy Labs extends rally on strong Q4 operational performance; 1:1 bonus
The stock moved higher by 11% to Rs 437, extending its previous day's 5% rally on the BSE, quoting close to its all-time high of Rs 441 recorded on September 19, 2017 on the BSE in intra-day trade.
 "Jyothy Labs extends rally on strong Q4 operational performance; 1:1 bonus")
HEG, Graphite India extend gain after strong Q4 results
HEG was up 4% to Rs 3,392, surging 16% in past seven trading days, while Graphite India trading 2% higher at Rs 765, extending its past two days 3% gain in otherwise weak market
 "HEG, Graphite India extend gain after strong Q4 results")
Manali Petrochemical zooms 20% on robust Q4 results
The stock locked in upper circuit of 20% at Rs 41.55 on the BSE after the company reported a record quarterly net profit of Rs 266 million in March quarter
 "Manali Petrochemical zooms 20% on robust Q4 results")
RBI to the rescue with likely $15 billion bond-purchase to cap yields
RBI's debt purchases will keep a lid on them even as higher inflation boosts the odds of monetary tightening
 "RBI to the rescue with likely $15 billion bond-purchase to cap yields")
Karnataka assembly poll verdict: How brokerages interpret the developments
Karnataka assembly election outcome coupled with sliding rupee and rising global crude oil prices has made investors nervous over the past two sessions
 "Karnataka assembly poll verdict: How brokerages interpret the developments")
Granules India up 7% on USFDA nod for generic Methylergonovine tablets
The stock rallied 7% to Rs 104 after the company said Granules Pharmaceuticals Inc., a wholly owned subsidiary of the company, received USFDA approval for generic Methylergonovine tablets.
 "Granules India up 7% on USFDA nod for generic Methylergonovine tablets")
Divi's Labs gains 4% on successful USFDA inspection of Telangana unit
The stock was up 4% to Rs 1,213 on the BSE in early morning deal, trading close to its 52-week high of Rs 1,220 touched on May 11, 2018.
 "Divi's Labs gains 4% on successful USFDA inspection of Telangana unit")
Options an optimal way to handle poll-like scenarios
A strangle is a put below the spot price and a call above the spot. It is less expensive than a straddle, but it will not deliver profit unless there is a large movement
RBI move can help cap rupee slide at 72 levels, says Nizam Idris
The RBI has a lot of reserves and the purpose of accumulating them is, to a large degree, to help battle massive pressure on the currency, says Nizam Idris
 "RBI move can help cap rupee slide at 72 levels, says Nizam Idris")