Page 3188 - Markets News
Sticking to smaller companies can be more fruitful
Over 1991-2017, the median PE for the bottom-decile has increased from 13.6 PE in 1991 to 29.6 PE in 2017
Look at effective interest rate on home loan offers
Availing of ICICI Bank's cashback offer will mean you lose the flexibility to switch or prepay the loan
 "Look at effective interest rate on home loan offers")
No relief for telcos in September quarter
After a stable Q1, revenue and profit are likely to take a hit again
 "No relief for telcos in September quarter")
Unified tariff a fresh trigger for GAIL
Will lead to higher realisations, better returns on new investments
 "Unified tariff a fresh trigger for GAIL")
Positive global cues help markets recoup losses
FIIs continue to pull out money
 "Positive global cues help markets recoup losses")
SBI Life gains 2% on debut
SBI Life's Rs 8,400-crore initial public offering last month had received 3.6 times demand than the shares on offer
 "SBI Life gains 2% on debut")
GIC Re's Rs 11,500 cr IPO to hit markets next week
Third-largest offering in the domestic market
 "GIC Re's Rs 11,500 cr IPO to hit markets next week")
Godrej Agro IPO: Strong prospects
The agri-business major, which operates in the animal feed, crop protection, palm oil, dairy and poultry segments
 "Godrej Agro IPO: Strong prospects")
Godrej Agrovet raises Rs 340 cr via anchor placement
According to a stock exchange filing, the FMCG company has allotted 7.41 million shares to 25 anchor investors
 "Godrej Agrovet raises Rs 340 cr via anchor placement")
RCom stock tanks 11% on Aircel deal collapse
Share price of other telcos feel the heat, fell 1-3%
 "RCom stock tanks 11% on Aircel deal collapse")
i-banking fee pool jumps 84% in first 9 months
Equity and equity-linked issuance by Indian companies raised a total of $17.2 billion in the first nine months of 2017
 "i-banking fee pool jumps 84% in first 9 months")
SBI Life Insurance ends at Rs 708, up 1% against its IPO price
The stock listed at Rs 735, a 5% premium against its initial public offer price of Rs 700 per share on the National Stock Exchange.
 "SBI Life Insurance ends at Rs 708, up 1% against its IPO price")
India risks losing status as top destination for FPIs
India's macroeconomic indicators no longer seem appealing
 "India risks losing status as top destination for FPIs")
Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859
All that happened in Tuesday's session
 "Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859")
GAIL, Adani Transmission, Avanti Feeds, Graphite India hit new highs
Bajaj Auto, Bombay Burmah Trading, Rajesh Exports and Thomas Cook (India) among 14 stocks hit their respective record highs on BSE in intra-day trade
 "GAIL, Adani Transmission, Avanti Feeds, Graphite India hit new highs")
ICICI Prudential Life Insurance up 7% on value buying
The stock moved higher by 7% to Rs 415, extending its Friday's 2% gain on the NSE
 "ICICI Prudential Life Insurance up 7% on value buying")
MOIL gains on price hike of manganese ore
The stock rallied 5% to Rs 200 on BSE after the company said it hiked prices of various grades of manganese ore with effect from October 1, 2017.
 "MOIL gains on price hike of manganese ore")
Bajaj Auto hits new high on September sales numbers
The stock hit a new high of Rs 3,208, up 3% on BSE after the company reported a highest ever total sales of 428,752 units in September
 "Bajaj Auto hits new high on September sales numbers")
Current valuations don't reflect underlying economic reality: Ambit Capital
Interview with Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital
 "Current valuations don't reflect underlying economic reality: Ambit Capital")
RCom hits record low as deal with Aircel called off
The stock hit a record low of Rs 17.45, down 9% on BSE, surpassed its previous low of Rs 17.80 touched on June 14, 2017 in intra-day trade.
 "RCom hits record low as deal with Aircel called off")