Page 3195 - Markets News
Cement shares trade firm; ACC, Ambuja Cements up 3%
India Cements, UltraTech Cement and Shree Cement were up in the range of 1% to 2% as compared to 0.06% rise in the S&P BSE Sensex at 01:35 PM.
 "Cement shares trade firm; ACC, Ambuja Cements up 3%")
RSR Mohota Spinning hits 52-week high; stock zooms 53% in one month
In past four months, it zoomed 246% from Rs 74 against a marginal 0.42% gain in Sensex.
 "RSR Mohota Spinning hits 52-week high; stock zooms 53% in one month")
Sensex at 100,000, m-cap at $6.1 tn: 7 takeaways from Morgan Stanley report
The brokerage sees scope for India to fall among the top five equity markets in the world
 "Sensex at 100,000, m-cap at $6.1 tn: 7 takeaways from Morgan Stanley report")
Ruchi Soya surges 14% post signing distribution pact with Patanjali
Ruchi Soya has signed an MOU with Yoga Guru Baba Ramdevji promoted Patanjali Ayurved for an exclusive sales and distribution arrangement for the entire range of Patanjali edible oil in large packs.
 "Ruchi Soya surges 14% post signing distribution pact with Patanjali")
HPCL, Indian Oil, BPCL hit 8-week low; HPCL falls 5% intra-day
In past one month, HPCL, Indian Oil and BPCL have underperformed the market by falling between 10% and 13% against 1.9% decline in Sensex.
 "HPCL, Indian Oil, BPCL hit 8-week low; HPCL falls 5% intra-day")
Sensex can cross 100,000 mark in just 10 years: Morgan Stanley
The technological leap for India has come through reforms such as Aadhaar, Jan Dhan and the GST
 "Sensex can cross 100,000 mark in just 10 years: Morgan Stanley")
Intraday support for Nifty seen at 9,680: Prabhudas Lilladher
Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
 "Intraday support for Nifty seen at 9,680: Prabhudas Lilladher")
Top technical calls for today's trade: Buy eClerx, sell Adani Ports
Nifty outlook and trading ideas by Sacchitanand Uttekar of Tradebulls
 "Top technical calls for today's trade: Buy eClerx, sell Adani Ports")
Markets, rupee in free fall
Sensex falls for 7th day; rupee drops to 6-month low; FII selling streak continues; India out of $2-trillion club
 "Markets, rupee in free fall")
Govt may offer up to 60% stake in oilfields to private players
India is world's third-largest crude importer, buying 80% of its supplies from overseas
 "Govt may offer up to 60% stake in oilfields to private players")
MFs can use interest rate futures to hedge risks: Regulator
MFs are permitted to resort to imperfect hedging, without it being considered under the gross exposure limits
 "MFs can use interest rate futures to hedge risks: Regulator")
Nifty 9,675 is a critical support level
Nifty Bank had reacted down from an all time high at 25,200 in early August to 23,822 on August 10, before pulling above 25,000 again
 "Nifty 9,675 is a critical support level")
Sebi may tighten MFs' risk monitoring practices
AMCs could be asked to form independent committees overseen by trustees to mitigate risks
 "Sebi may tighten MFs' risk monitoring practices")
Agrovet listing additional trigger for Godrej Industries
Nature's Basket has 26 stores across Pune, Mumbai and Bangalore and gets about 7% of its revenues from its online site
 "Agrovet listing additional trigger for Godrej Industries")
Recent approvals to help Glenmark Pharma scale up FY18 growth
At the current price, the stock is trading at 16 times its FY19 earnings estimate and is at a discount to peers
 "Recent approvals to help Glenmark Pharma scale up FY18 growth")
Most top equity schemes pip benchmarks
The average return for the top 10 equity diversified schemes (as of September 26) is 22.34%
 "Most top equity schemes pip benchmarks")
Sebi mulls 'preventive' action to curb frauds
Sebi has asked market intermediaries to identify the root cause of price rigging and the factors involved and then suggest riders to curb it
 "Sebi mulls 'preventive' action to curb frauds")
Rising oil to fuel ONGC, Oil India earnings
A weak rupee will increase realisations for these firms
 "Rising oil to fuel ONGC, Oil India earnings")
Lakshmi Vilas Bank gets board nod to raise Rs 800 cr via rights issue
Capital Raising Committee to determine the terms and conditions of the issue
 "Lakshmi Vilas Bank gets board nod to raise Rs 800 cr via rights issue")
ICICI Lombard General Insurance ends 3% higher against issue price
ICICI Lombard listed at Rs 650, a 2% below against its initial public offer price of Rs 661 per share on the BSE
 "ICICI Lombard General Insurance ends 3% higher against issue price")