Page 3052 - Markets News

FPIs pull out $1 bn from Indian markets in Feb in wake of global sell-off

This is against the total inflow of over Rs 137.8 billion by foreign portfolio investors in January, the latest data with depositories showed

Sebi probing alleged nexus between Nirav Modi firms and stockbrokers

The banking regulator is conducting a supervisory assessment of Punjab National Bank, while all banks have beefed up their vigil on all clients linked to diamond and jewellery trade

Rakesh Jhunjhunwala-backed John Energy files papers for Rs 3.5-bn IPO

Proceeds of the issue will be utilised towards repayment of certain borrowing availed by the company and for other general corporate purposes

PNB's FY17 fund-based exposure to jewellery sector at 0.6% of loan book

Bank of India, SBI, Canara Bank and IDBI Bank are among those that highest fund-based exposure to the sector as a percentage of total loan book among the other PSU banks

Job creation in organised sector slows to 64,000 in April-June 2017

Slowest pace of growth in three quarters; employment generation slowed down in trade, information technology

Justin Trudeau in India: Pulses set tone; trade, investment the larger goal

Ottawa's key concern is the curbs on international arbitration New Delhi has imposed on investor-state disputes

LIC Q3 net profit drops 87.7% to Rs 26.35 mn; new premium revenue up 20%

The loss seems to be mainly on account of a large drop in the profits made from the sale or redemption of investments

Biosimilar progress adds to Biocon's prospects as stock gains 14%

Regulatory tailwinds and launches in EU, US to drive earnings

Supreme Court to hear FTIL-NSEL merger on April 18

The high court had on December 4 last year dismissed a writ petition filed by 63 moons technologies

Indian markets drop 1% even as global equities rally; PNB falls 2.1%

Most global markets posted their biggest weekly advance in nearly a year but Indian equities ended the week unchanged

Ending licences anti-competitive: Index provider MSCI slams Indian bourses

Says Indian exchanges' move to terminate licensing and data-feed pacts with global counterparts is anti-completive, could cause disruption and lead to a cut in India's weight on its global indices

NSE keen to buy 25% stake in Dhaka stock exchange to rival China

India is trying to match the Chinese exchanges expanding clout over south Asian bourses

Nifty ends below 10,500, Sensex down nearly 300 pts; PSU bank index dips 2%

All that happened in the markets today.

8K Miles gains on launch of Blockchain Platform - 8K Health Edge

The stock surged 10% to Rs 867 on BSE in intra-day trade.

I am cautious on public sector banks now: Saibal Ghosh

Interview with chief investment officer at Aegon Life Insurance

Nifty PSU Bank hits over three-month low; down 26% from 52-week high

PNB, Union Bank of India, Corporation Bank, Dena Bank, Bank of Maharashtra and Syndicate Bank hit their respective 52-week lows on the NSE.

Fortis Healthcare under pressure after SC allows FIs to sell pledged shares

The stock slipped 20% to Rs 115 in noon deal trade, falling 24% from its intra-day high of Rs 151 on BSE on back of heavy volumes.

PNB, Gitanjali Gems, D B Corp among 17 stocks that hit 52-week low

Six public sector banks include Allahabad Bank, Corporation Bank, Dena Bank, Oriental Bank of Commerce and Union Bank of India touched 52-week lows on the BSE.

PNB extends fall post Rs 114-bn fraud detection; Gitanjali hits 52-week low

On Thursday, The PNB chief said the fraud was detected on January 25 and was reported to the investigative agencies, including the Central Bureau of Investigation (CBI) on January 29

PNB sheds Rs 81 bn in market value in 2 days; stock falls 12% on Thursday

PNB, India's second-largest state-owned lender after State Bank of India (SBI), is now valued at just Rs 311 billion