Page 3111 - Markets News
Mukesh Ambani's RIL mulls Reliance Jio IPO by 2019
Jio is targeting to improve its financial performance before any share sale, the people said, asking not to be identified
 "Mukesh Ambani's RIL mulls Reliance Jio IPO by 2019")
Sebi asks MFs to stay disciplined
Sebi has urged the Rs 23-lakh crore mutual funds (MF) industry to stay disciplined and focus on good principles amid gush of inflows from domestic investors
 "Sebi asks MFs to stay disciplined")
Today's picks: 13 December, 2017
Nifty, Bank Nifty, BPCL, Sun Pharma and Tata Steel
Markets, bonds fall as oil spikes
Nifty 50 index fell 82 points to 10,240, while the India VIX index surged 8% to 15.3, signalling more volatility
 "Markets, bonds fall as oil spikes")
ARCs seek higher sponsor shareholding cap
ARCs urge govt to raise sponsor shareholding cap to 26% from 10%
 "ARCs seek higher sponsor shareholding cap")
Plant clearance removes overhang for Dr Reddy's
Nod to Bachupally plant raises hopes for clearance of its Srikakulam unit
 "Plant clearance removes overhang for Dr Reddy's")
Margin pressures to stay high for truck makers
Aggressive discounting making it difficult to raise prices
 "Margin pressures to stay high for truck makers")
UltraTech cementing future growth
Increasing capacities will help gain market share, improve geographical presence and drive volumes
 "UltraTech cementing future growth")
Will December be the month for bears?
The number of investible stocks has increased but investment inflows have increased much faster
Opt for monthly payout if your spouse is not financially savvy
Not all the recent tweaks that insurers have made to the basic term plan add value for the customer
 "Opt for monthly payout if your spouse is not financially savvy")
IDBI Bank to sell 30% stake in NEGIL to exit non core business
Last month, IDBI Bank's board also approved sale of 1.5 per cent stake in the leading bourse National Stock Exchange (NSE).
Sensex ends 227 points lower, Nifty dips below 10,250 on inflation fears
All that happened in Tuesday's trade
 "Sensex ends 227 points lower, Nifty dips below 10,250 on inflation fears")
Lupin extends gain; up 5% in four trading sessions
The stock moved higher by nearly 2% to Rs 852, extending its past three days 3.5% gain on the BSE
 "Lupin extends gain; up 5% in four trading sessions")
After record high, Bitcoin slips to $16,300; futures volumes drop
The trading volume was huge yesterday as bitcoin price fluctuated in a wide range over the weekend, said Park Nok-sun, a cryptocurrency analyst
 "After record high, Bitcoin slips to $16,300; futures volumes drop")
Repro India dips 8% post Q2 results
In past four months, the stock zoomed 82% as compared to 7% rise in the S&P BSE Sensex till Monday
 "Repro India dips 8% post Q2 results")
Punjab National Bank trades firm after QIP launch
The stock was up 1% at Rs 175, was the largest gainer among Nifty PSU Bank index at 11:59 AM.
 "Punjab National Bank trades firm after QIP launch")
HEG up 5% as India Ratings upgrades credit rating with positive outlook
HEG was up nearly 5% to Rs 1,957 on the BSE in intra-day trade.
 "HEG up 5% as India Ratings upgrades credit rating with positive outlook")
Puravankara zooms 81% in one month post Q2 results
The stock hit a fresh 52-week high of Rs 172, up 12% on the BSE on Tuesday, on back of heavy volumes in otherwise subdued market.
 "Puravankara zooms 81% in one month post Q2 results")
Bitcoins a highly speculative investment: Why caution is required
Bitcoin was launched in 2008 as a means of transacting among participants without the need for intermediaries
Oil exploration stocks in focus; Aban Offshore, Selan Exploration up 5%
Dolphin Offshore, Hindustan Oil Exploration and Jindal Drilling were up between 3% and 6% on BSE.