Page 4367 - Markets News
Among the fragile five, India is the worst-placed: Jan Lambregts & Michael Every
Interview with MD & global head of financial markets research; head of financial markets research for Asia-Pacific, Rabobank International, respectively
 "Among the fragile five, India is the worst-placed: Jan Lambregts & Michael Every")
Widening discount puts spotlight on DVRs
DVRs of Tata Motors and Jain Irrigation have risen by about 8% and 12% since March
 "Widening discount puts spotlight on DVRs")
Reversal in fortunes for Cairn India
However, any adverse movement in the rupee or crude oil prices could offset expected gains from an increase in oil output in FY15 and FY16
 "Reversal in fortunes for Cairn India")
Despite weak sales, auto stocks vroom in top gear
For 2013-14, overall sales for Hero MotoCorp and TVS Motor remained flat, while Maruti Suzuki, Mahindra & Mahindra (M&M) and Tata Motors reported sharp declines in total sales
 "Despite weak sales, auto stocks vroom in top gear")
ICICI Prudential MF joins Rs 1-lakh-cr club
Becomes the second-largest fund house in terms of assets managed
 "ICICI Prudential MF joins Rs 1-lakh-cr club")
Questions remain over public-issue exit norms
Offering exit to dissenting shareholders may have implications under takeover code, could trigger open offer
 "Questions remain over public-issue exit norms")
Today's picks
Nifty, Bank Nifty, LIC Hsg, Ranbaxy & Airtel
Current Nifty rally longest in 5 years
On Wednesday, the 50-share NSE CNX Nifty closed at 6,753, its highest closing, owing to strong foreign inflows
 "Current Nifty rally longest in 5 years")
IDBI sells it 18.95% stake in Stock Holding Corp to IFCI
IDBI, a new generation government-owned bank, had reported a net profit of Rs 104 crore for the quarter ended December 31, 2013
 "IDBI sells it 18.95% stake in Stock Holding Corp to IFCI")
PSU banks rebound from Tuesday's fall, Bank of Baroda hits 52-week high
Oriental Bank, Canara Bank, Union Bank, IOB, BOB, BOI, Allahabad Bank and Syndicate Bank are up 4-7% on the NSE.
 "PSU banks rebound from Tuesday's fall, Bank of Baroda hits 52-week high")
Market: 10 hits in a row; Sensex up over 100 points
It was the tenth session of consecutive gains as investors lapped up heavyweight oil & gas and auto stocks among others.
 "Market: 10 hits in a row; Sensex up over 100 points")
Investor interest in Tata Motors DVR rises
DVR trading at more than 50% discount to main stock
 "Investor interest in Tata Motors DVR rises")
Provisional: Sensex closes 100 points higher
The 30-share Sensex closed over 100 points higher at 22,582 levels while 50-unit Nifty ended at 6,750 levels, up almost 28 points.
 "Provisional: Sensex closes 100 points higher")
Nifty hovers near 6750; RIL, Tata Motors top gainers
Reliance Industries, Tata Motors, TCS, Bharti Airtel and ONGC were up between 1-2%
 "Nifty hovers near 6750; RIL, Tata Motors top gainers")
 "Interest rate futures weekly turnover crosses Rs 1,000 crore")
Govt ETF investors strike gold
Value of units up 13% from allotment price; trading on 10-stock index starts this Friday
 "Govt ETF investors strike gold")
Select pharma shares on a roll, Wockhardt zooms 20%
Strides Arcolab, Ranbaxy and Aurobindo Pharma have rallied between 6-13% on the Bombay Stock Exchange.
 "Select pharma shares on a roll, Wockhardt zooms 20%")
Sensex holds 22,500 mark; ITC & HDFC Bank down 2%
ITC, HDFC Bank, Hindalco, Sesa Sterlite and Axis Bank have fallen between 1-2%
 "Sensex holds 22,500 mark; ITC & HDFC Bank down 2%")
Tech View: Mid-caps, banks and top hope rally stocks
Top trading opportunities in mid-cap stocks, bank stocks
 "Tech View: Mid-caps, banks and top hope rally stocks")