Page 532 - Markets News
Rerating for LTIMindtree hinges on revenue rampup and margin uptick
Reported deal-booking stood at $1.6 billion versus $1.68 billion in Q3FY25. The headcount fell by 2,493, bringing the total to 84,307 employees
 "Rerating for LTIMindtree hinges on revenue rampup and margin uptick")
NSE pledges ₹1 crore for families of Pahalgam terror attack victims
On Tuesday, 26 people, mostly tourists, were killed by terrorists at Baisaran meadow near Pahalgam in Anantnag district
 "NSE pledges ₹1 crore for families of Pahalgam terror attack victims")
UBS drops long-held bearish view on Indian market, downgrades Hong Kong
The brokerage is becoming more optimistic on the South Asian market amid a growing preference for defensive and domestically-oriented shares
 "UBS drops long-held bearish view on Indian market, downgrades Hong Kong")
NSE raises eligibility criteria for direct SME migration to mainboard
As of February, 142 SME firms have migrated to the mainboard from NSE Emerge platform
 "NSE raises eligibility criteria for direct SME migration to mainboard")
Pahalgam attack: Karachi-100 index crashes 2,565 pts as tensions mount
Pahalgam terror attack news: Pakistan's premier stock index in Karachi was trading 2.2 per cent lower on Thursday. In comparison, the Sensex, Nifty were volatile as geopolitical tensions escalate
 "Pahalgam attack: Karachi-100 index crashes 2,565 pts as tensions mount")
Nifty, Sensex dip on F&O expiry; FMCG falls; Pharma, metals show resilience
1,441 out of the 1,930 traded stocks on NSE ended in the red, 104 in the green, while 85 remained unchanged. The total market capitalisation of NSE stocks stood at $5 trillion
 "Nifty, Sensex dip on F&O expiry; FMCG falls; Pharma, metals show resilience")
Robust revenue growth, margin recovery ahead for Tata Consumer Products
While most brokerages have built in healthy revenue and profit delivery by the company over the next few years, the stock may not see much upside given high valuations
 "Robust revenue growth, margin recovery ahead for Tata Consumer Products")
Secretarial auditor appointments to be for at least five years: Sebi
The regulator has stated that the tenure of appointment of a secretarial auditor cannot be for a period less than five years
 "Secretarial auditor appointments to be for at least five years: Sebi")
Taxpayers barred from claiming deductions on Sebi, CCI settlement costs
The four laws are the Securities and Exchange Board of India Act, 1992; the Securities Contracts (Regulation) Act, 1956; the Depositories Act, 1996; And the Competition Act, 2002
 "Taxpayers barred from claiming deductions on Sebi, CCI settlement costs")
Regulations alone can't save you if you don't protect yourself: BSE CEO
On regulatory expectations, the BSE chief remarked that there is a general perception that regulators are blamed when investors lose money
 "Regulations alone can't save you if you don't protect yourself: BSE CEO")
Indian Rupee reverses early losses to end 15 paise stronger at 85.27/$
The domestic currency ended 15 paise stronger at 85.27 after closing at 85.42 against the greenback on Wednesday
 "Indian Rupee reverses early losses to end 15 paise stronger at 85.27/$")
Stock Market Highlights: Sensex breaks 7-day rally, ends 315pts down; Nifty 24,247; HUL, Airtel drag
Sensex Today | Stock Market Close Highlights: Equity markets traded with a negative bias on Thursday in the aftermath of Kashmir terror attack, and some profit-taking following the 7-day rally.
 "Stock Market Highlights: Sensex breaks 7-day rally, ends 315pts down; Nifty 24,247; HUL, Airtel drag")
Sebi tweaks framework for ESG rating providers using subscriber-pays model
Further, all comments or clarifications received from the rated entity within the specified timeline will be included in the addendum to the ESG rating report by the ERP
 "Sebi tweaks framework for ESG rating providers using subscriber-pays model")
NSE revises criteria for SME stocks to shift to mainboard; check new rules
NSE guidelines on SME stocks: The revised eligibility criteria for stocks looking to shift from the NSE SME platform to the NSE Main Board indices will be effective from May 1, 2025
 "NSE revises criteria for SME stocks to shift to mainboard; check new rules")
Motilal Oswal MF launches Infrastructure Fund: Here's all you need to know
The investment objective of Motilal Oswal Infrastructure Fund is to achieve long-term capital appreciation
 "Motilal Oswal MF launches Infrastructure Fund: Here's all you need to know")
Why Samhi Hotels shares surged 12% in trade today? Check details
Samhi Hotels' stock was quoting at ₹193.53, up 11.26 per cent on the National Stock Exchange
 "Why Samhi Hotels shares surged 12% in trade today? Check details")
Supreme Petrochem shares climb 5% on Q4FY25 results, dividend news; details
The movement in the company's share price came on the back of the company's announcement of its quarterly earnings for the fourth quarter of the financial year 2024-25 (FY25)
 "Supreme Petrochem shares climb 5% on Q4FY25 results, dividend news; details")
Cement shares rally up to 5%, UltraTech, JK hit record highs; here's why
With the monsoon still two months away, cement companies stand to benefit from this seasonally strong period.
 "Cement shares rally up to 5%, UltraTech, JK hit record highs; here's why")
NSE tightens rules for SME companies shifting to main board listing
The move comes months after India's markets regulator issued tighter regulations for merchant bankers and initial public offerings by small businesses
 "NSE tightens rules for SME companies shifting to main board listing")
Fertiliser stock zooms 79% from March low. Should you book profits or hold?
Shares of Paradeep Phosphates hit a new high of ₹149, gaining 3.5 per cent on the BSE in Thursday's intra-day trade amid heavy volumes in an otherwise weak market.
 "Fertiliser stock zooms 79% from March low. Should you book profits or hold?")