Page 4320 - Markets News
PFC, REC: More room for upside
The power financiers will be key beneficiaries of likely power sector reforms, but a change in accounting policy regarding restructured loans to hurt in the near-term
 "PFC, REC: More room for upside")
Titagarh Wagons gains on winning contract from Kolkata Metro
The company said it has bagged a contract for rehabilitation of 56 coaches (7 rakes) from the Kolkata Metro Railway.
Markets open lower; capital goods & realty shares weigh
Main losers on the Sensex are L&T, Tata Motors, Maruti Suzuki, ONGC and Coal India
 "Markets open lower; capital goods & realty shares weigh")
Pre-market: 5 stocks likely to be in the limelight
Here are a few stocks that you need to keep a tab on today
 "Pre-market: 5 stocks likely to be in the limelight")
Market value of top seven Sensex cos declines by Rs 67,233 cr
Barring TCS, HDFC Bank and Infosys in the top 10 club, the rest seven witnessed declines in their market valuation for the week ended Friday (June 13)
Brokers step up hiring as bulls fire up markets
Bringing new business requires more people in sales and servicing functions: Kotak Securities
 "Brokers step up hiring as bulls fire up markets")
E-series investors redeem Rs 237 crore: NSEL
89% of e-gold and 70% of e-silver units have been credit to investors
Sebi's board to consider market reforms this week
Proposed measures may help the government garner almost Rs 60,000 crore through share sales in listed public sector undertakings
 "Sebi's board to consider market reforms this week")
 "FMC to review de-listed MCX contracts in September")
Weekly: Iraq woes stall market rally; risk aversion sets in
Realty, PSU, oil & gas, metal, power and banking indices were the major draggers, with losses of 3-6%
 "Weekly: Iraq woes stall market rally; risk aversion sets in")
For delistings, small is beautiful for offers less than Rs 100 cr
In contrast, less than a fifth of the successful delistings have been greater than Rs 500 crore in size
Client collateral system to be more investor-friendly
Sebi to create independent entity to hold collateral instead of letting it remain in brokers' hands
 "Client collateral system to be more investor-friendly")
FMC sets up to prepare roadmap for common clearing system
To strengthen risk management system and reduce transaction,the group to submit reports in 10 weeks
Sensex loses 348 points amid escalating Iraq crisis
Nifty sees biggest single-day drop in over four months
 "Sensex loses 348 points amid escalating Iraq crisis")
Mid, small-cap shares tank as crude prices surge
MTNL, ITI, Patel Engineering, D B Realty, Sintex Industries and Alembic from small-cap index tanked more than 8% each
 "Mid, small-cap shares tank as crude prices surge")
Sensex slips over 300 points; metal & realty shares drop
Broader markets down over 2.5% each, in line with largecaps
 "Sensex slips over 300 points; metal & realty shares drop")
Hero MotoCorp skids after block deals
The stock has dipped 3.4% to Rs 2,616 on NSE on back of heavy volumes.
 "Hero MotoCorp skids after block deals")
Sensex down over 300 points; RIL down 1.5%
Losses in ONGC, SBI, RIL and L&T alone dragged the Sensex lower by 144 points
ADF Foods soars after promoter hikes stake
On June 12, 2014, Bimal R Thakkar has bought 930,000 equity shares (4.22% stake) in ADF Foods via open market.
HSBC upgrades Mahindra & Mahindra, citing valuations
Raises its target price to Rs 1,445 from Rs 1,340
 "HSBC upgrades Mahindra & Mahindra, citing valuations")