Page 3029 - Markets News

Foreign funds with India link face uncertain future over Sebi's diktat

Sebi clarification that NRIs, PIOs cannot be beneficial owners could hit around 150 of these

Manipal's revised offer for Fortis falls short of Street's expectations

Value of the hospital business is lower than Street's expectations

Rupee plunges 32 paise to 5-month low of 65.31 on crude price surge

At the inter-bank foreign exchange (forex) market, the rupee resumed on a steady note at 64.99, tracking global currency volatility coupled with steady capital outflows

IT stocks outrun markets for three consecutive quarters; midcaps shine

The Nifty IT index has outperformed the benchmark Nifty50 for the three consecutive quarters, rallying 26 per cent since June 30, 2017

After India ban, SGX to list new India equity derivative products in June

The SGX's announcement comes after three major domestic exchanges - BSE, NSE and MSEI - on February 9 said they will stop operating their indices on international bourses

MARKETS ON WEDNESDAY: Indices end flat, Nifty holds 10,400; OMCs fall

All that happened in the markets on Wednesday

Dolly Khanna buys stake in Associates Alcohols in Q4; stock surges 12%

The stock hit a record high of Rs 340, up 12%, rallied 37% thus far in the month of April, as compared to 3% rise in the S&P BSE Sensex.

Hindustan Unilever hits new high; enters top-5 club of most valued cos

With an m-cap of Rs 3.06 trillion, HUL now features fifth in the list by replacing India's largest mortgage financier, HDFC, which have m-cap of Rs 3.03 trillion at 01:20 pm; the BSE data show

IRB Infra hits over 7-year high; stock surges 10%

The stock rallied 10% to Rs 281, its highest level since August 24, 2010, on the BSE on back of heavy volumes

Singapore Exchange to list Indian equity derivative products in June 2018

The Singapore exchange said it is continuing to evaluate a joint trading and clearing model in Gujarat International Finance Tech city between the NSE and SGX.

Dilip Buildcon, Balkrishna Industries, Shakti Pumps hit new highs

Shakti Pumps (India) has moved higher by 8% to Rs 703, surging 26% in past one week on the BSE.

Q4 earnings preview: How key sectors of the economy may have performed

Mayuresh Joshi of Angel Broking gives his expectations for the performance of companies in key sectors of the economy in the January-March quarter of FY18

Aban Offshore, Oil India up over 3%; HPCL, BPCL, IOC down over 5%

ONGC, Jindal Drilling, Hindustan Oil Exploration and Deep Industries were up in the range of 3% to 7% after oil prices rose more than 3% on Tuesday.

Mahanagar Gas extends fall after huge block deal; stock dips 11% in 3 days

The stock dipped 4% to Rs 905 on the NSE, extending its 6.7% decline in past two trading days, after a more than 9% of total equity of the company changed hands through block deal

Nifty outlook and top trading ideas from Prabhudas Lilladher for today

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher.

Market breadth negative this year even as Sensex, Nifty managed to hold up

Analysts attribute this pessimism in equities to weak domestic cues, including delay in earnings recovery

After mostly subdued FY18 output, FY19 could be better for Coal India

Rising volumes and higher realisation should boost earnings on the low base of FY18, feel analysts

Sebi tightens Know Your Customer norms for foreign portfolio investors

Funds which do not comply with the new norms will not be able to take any new derivative positions after April

Bull run continues for fourth day; Sensex gains, Nifty at 10,402.25

The signs of easing global trade war concerns made investors more confident about taking positions

Rupee makes mild recovery at 64.99 against dollar as trade war fears ease

Global crude prices surged to near $70 a barrel, extending its overnight strong gains, as investors grew more optimistic that a trade dispute between the United States and China may be resolved