Page 3061 - Markets News

Market rout weighs on net asset values of most mutual fund schemes

Barring ITC, all other stocks with highest exposure have seen a drop in their stock prices between 4% and 9% this month

Supreme Court cancels Goa iron ore mining leases due to hasty renewal

The apex court had directed the state government to grant fresh licences in accordance with mining laws

Cipla stands out in a gloomy sector as revenue swells 15% to Rs 16 bn

Improving prospects of US business to drive the company's earnings

Hedge-fund veteran Stephen Diggle says volatility index to stay elevated

Diggle said he's gained from the surge in volatility after buying December put options on the S&P 500 two weeks ago at strike of 2,200 as "crash protection."

Markets extend losses after choppy session, FII sell-off continues

The market fell despite the US markets posting a sharp rebound and the European markets trading a per cent higher

Nifty may bounce to 10,750-10,900, but long-term trend looks down

The February 2018 has triggered a sell signal. That's less than a week old but the market has fallen over six per cent in four sessions

Equity MFs log high inflow of Rs 154 billion in January before market fall

Equity AUMs, too, rose to Rs 7 trillion from Rs 6.9 trillion in December

Tower consolidation signals revenue headwinds for Bharti Infratel

If the company acquires the balance 58% stake in Indus Tower, its tower network will be two and a half times the second-placed competitor

Rupee falls for 5th day to hit 2-month low of 64.28 on RBI's hawkish tone

Rupee initially touched a high of 64.02 before making downward movement

Global green bonds set to hit record levels, India to lead EMs: Moody's

According to the Moody's findings, cumulative green bond issuance in India has more than doubled to $6.5 billion

HEG surges ahead of board meet for interim dividend, share buyback

The stock surged 17% to Rs 2,600 on BSE in early morning trade ahead of board meeting tomorrow to consider either the interim dividend or proposal for buy back of equity shares of the Company.

Relief for startups as I-T dept goes soft on angel tax collection

Investors to closely watch appeals which could set guideline for angel tax

Sensex ends lower, Nifty below 10,500 as RBI keeps repo rate unchanged

All that happened in the markets today

BSE Smallcap index up 2% after falling 11% in past two weeks

HEG, 8K Miles Software Services, Liberty Shoes, Venky's India, Century Plyboards, Lumax Ind, India Glycols, JBM Auto, Chambal Fertilisers, Fiberweb and KEI Ind were up more than 10%

Rate sensitive shares trade mixed as RBI keeps repo rate unchanged at 6%

Godrej Properties, Oberoi Realty, Brigade Enterprises and Indiabulls Real Estate were up more than 2% on NSE.

Banks trade mixed; auto, realty shares trade firm ahead of RBI policy

Realty and Auto index were trading 1% higher, while Nifty Bank, Private Bank and PSU Bank indices down in the range of 0.33% to 0.52%, as compared to a marginal 0.08% decline Nifty 50 at 12:13 PM.

FDC gains 7% ahead of board meet for share buyback

The stock was up 7% to Rs 256 on BSE ahead of board meeting today to consider share buyback proposal and unaudited financial results for the quarter ended December 2017.

KEC International soars 7% on strong Q3 results; Rs 20 billion order win

The company reported a strong 79% year on year growth in net profit at Rs 1.12 billion for the quarter ended December 2017.

Market sell-off brings 10-year American treasury yield back in focus

The 10-year yield has been on an upward move for a while now, but it wasn't expected to reach the level of 2.85%, anytime soon

Lupin hits 52-week low on weak Q3 results

The stock hit 52-week low of Rs 782, down 2.5% in intra-day trade, extending its previous day's 6% decline on BSE