Page 12 - Equity Markets

FPIs regain risk appetite, pump in nearly Rs 8,430 crore in October

US and European markets gained in October after a sharp sell-off in September

EPFO aims to invest more in equity for younger members, expand horizon

At present, EPFO is allowed to invest between 5-15 per cent of its investible deposits in equity instruments irrespective of the age or risk profile of its members

A roller-coaster ride: FPIs propel Nifty to reclaim 18K; Sensex tops 60K

The Sensex ended above 60,000 and the Nifty above 18,000 for the first time since September 14

Subdued equity market slows mutual fund penetration, shows data

Mutual funds fail to carry high growth momentum of FY22 due to changed market conditions

Will the primary market revival suck out secondary market liquidity?

As market sentiment turns positive for India, 10 firms are looking to raise Rs 9,000 cr via IPO over the next 45 days. Will the primary market activity suck out liquidity from the secondary markets?

What's in store for the markets in the first week of Samvat 2079?

Investors across the country are hoping that Samvat 2079 will bring good tidings with it. Let's help you prepare for the trading week ahead, and share how analysts see the markets shaping up this year

Equity markets not out of woods, but there's light at the end of tunnel

The benchmark Nifty ended Samvat 2078 at 17,576. The Sensex finished at 59,307, logging marginally negative returns

Bear market patterns: What investors should know about trend reversal

Stock markets will turn, even with all the economic news still being negative, except in two scenarios

ICICI Securities Q2 PAT down 14% to Rs 300 cr; total income up marginally

ICICI Securities on Thursday reported a 14 per cent decline in profit after tax to Rs 300 crore in the three months ended September 2022 In comparison, the company had posted a Profit After Tax (PAT) of Rs 351.2 crore in the same quarter preceding fiscal, ICICI Securities, a subsidiary of ICICI Bank, said in a statement. The company's total income rose to Rs 865.63 crore in the second quarter ended on September 30, 2022 from Rs 856.56 crore in the year-ago period. "We had a satisfactory quarter and are progressing well on our articulated strategy of pursuing long-term sustainable growth by continuing to diversify in favour of non-broking business. For this, we are investing in right kind of products, services, partnerships. Today, broking revenue is about a third of our overall revenue, against two thirds a couple of years back," Vijay Chandok, Managing Director and CEO of ICICI Securities, said. The board has declared an interim dividend of Rs 9.75 per share in first half of FY23

Sebi clears govt proposal to turn Vodafone Idea dues into equity: Report

The govt's stake in Vodafone after the conversion could be more than 30%, says a govt official

Which stocks should you bet on in Samvat 2079?

As we enter Samvat 2079, analysts say the domestic market's outperformance against global peers will sustain as fundamentals of Indian corporate improves. Find out what top brokerages are betting on

Suzlon rights issue subscribed 90% a day ahead of close, stock up 20%

The company is issuing 2.4 billion new shares at Rs 5 apiece; proceeds will be used pare debt, which currently stands at Rs 3,272 crore

Equity MFs favoured over debt funds despite negative stock mkt returns

The number debt scheme folios down 6% in 12 months to September 2022, equity MF folios have surged 21%; Passive schemes, which includes ETFs and index funds, have grown the fastest at 56%

Global shares mostly higher as markets eye China's Communist Party meeting

Global shares were mostly higher on Monday as investors kept their eyes on a weeklong Communist Party congress in China. France's CAC 40 added 0.5 per cent in early trading to 5,961.27. Germany's DAX gained 0.5 per cent to 12,498.72. Britain's FTSE 100 rose 0.5 per cent to 6,894.84. The future for the Dow industrials was up 0.7 per cent, while the contract for the S&P 500 gained 0.9 per cent. Britain's new Treasury chief was due on Monday to announce details of his tax and spending plans Monday, two weeks ahead of schedule, in a bid to calm markets roiled by the government's economic policies. Chancellor of the Exchequer Jeremy Hunt was expected to ditch more of the measures announced by the government of Prime Minister Liz Truss on September 23. Since then, the prime minister's libertarian economic policies have triggered a financial crisis, emergency central bank intervention, multiple U-turns and the firing of her Treasury chief. In Asia, the meeting of China's ruling Communi

Infosys, Kotak Mahindra Bank, Maruti Suzuki among top buys for MFs in Sept

Besides Maruti Suzuki, domestic funds added Hero Motocorp while they trimmed positions in Tata Motors, Ashok Leyland and TVS Motors

This is the year to pick & choose sectors and firms carefully: Devina Mehra

'India will be an outperformer this year and that has panned out in spite of the currency epreciation'

India Inc's earnings to shrink in Q2FY23; net sales growth slows

Equity valuations in India are among the highest globally on expectations of faster earnings growth

PE investments in real estate grew 40% in H1FY23 despite global headwinds

Top 10 deals accounted for 86% of total PE inflows in the first half of this year, as compared to 80% a year ago

Gains for big guns: 10 stocks from 5 sectors to stay on Ferris wheel

India's equity markets are on a roller-coaster ride, but brokerages see further upside for stocks that delivered more than 50 per cent returns to investors

Investors' wealth rises Rs 5.66 trn as equity markets rebound

In the broader market, the BSE midcap gauge jumped 2.42% and smallcap index climbed 1.49%