Page 24 - Indian Markets

Manufacturing firms likely to lead pay hikes in 2024: AON India survey

According to the projections by AON, the manufacturing sector could lead the hike with 10.1 per cent, followed by life sciences, and financial institutions with a 9.9 per cent hike each

AIF commitments top Rs 10 trn for first time amid rising demand from HNIs

AIFs investing in private credit picked up steam after Budget presentation

Spike in new MF investors as bull run continues, scheme launches pick up

MFs add 1 million new investors in January, highest in nearly two years

'Investors should have balanced portfolio via flexicap, multicap funds'

Calendar 2024 will likely be a year of transitions. In 2023, the debate in the market was mostly around the completion of interest rate hike cycle, but this year it's about elections

SBI Mutual Fund among buyers of Whirlpool of India's nearly 24% stake

Shares of Whirlpool India fell 3.2 per cent to close at Rs 1,288. Following the share sale, the promoter shareholding in the company will drop to about 51 per cent

NMDC poised for gains from demand triggers and capacity expansion

The reported net profit was Rs 1,490 crore and adjusted for extraordinary items of Rs 252 crore, it was Rs 1,740 crore, higher by 96 per cent y-o-y and 69.8 per cent sequentially

Investors turning wary of crowded India trade after stellar rally

Citigroup Inc. and Societe Generale SA have downgraded India, while foreigners have sold a net $3.8 billion of local shares so far this year, the highest in emerging Asia outside of China

Valuations elevated, but earnings growth provides comfort: Anish Tawakley

Tawakley expresses confidence in domestic cyclicals driving future performance

Improved cost ratios to boost State Bank of India's profitability

The bank has also made efforts to significantly strengthen its balance sheet and has a healthy provisioning coverage on its corporate book at 92 per cent

Entero Healthcare Solutions shares slip 9% on stock market debut

Entero's weak listing follows a lukewarm response to its Rs 1,600-crore IPO. The maiden share sale had garnered just 1.5 times subscription

Market regulator Sebi urges industry to step up voluntary compliance

Enforcement cannot be the only solution, says Sebi WTM; Varshney assures Sebi's KYC infrastructure strong

Protect volatile equity market gains with 10-15% investment in gold

Potential rate cuts in the US this year could boost gold's performance

BSE at odds with NSE over 'high' clearing and settlement charges

The former says high payout to NSE weighing down its profitability

Swiggy may file papers with Sebi for IPO in 2 weeks to raise Rs 8,000 cr

The food delivery giant has been intensifying efforts to achieve profitability as it prepares for the IPO

NSE, BSE to hold trading session on March 2 to assess mkt infrastructure

Session to assess the preparedness for any unforeseen event, test transition to disaster recovery site

Portfolio management service schemes outperform in January, shows data

The analysis considered 97 schemes which have the Nifty 50 Total Returns Index as its benchmark. Around 73 outperformed in January

Strong performance in Q3 adds fuel to Coal India Limited's stock

The e-auction ASP declined 34 per cent Y-o-Y to Rs 3,321 per tonne, which was at a premium of 117 per cent over FSA

Markets rebound as inflation eases; Sensex ends 483 points higher

The Sensex ended at 71,555, gaining 483 points, or 0.7 per cent while the Nifty ended at 21,743, with a gain of 127 points or 0.6 per cent

Confidence, delivered: Domestic markets sustain 40%+ trade triumph

Investors send a clear message as confidence is shipped with each trade

Mixing resilience in palette: Paint makers tackle slowdown, competitors

Find themselves painted into a corner, blending festival-fuelled revenue with the undertones of sluggishness from price cuts and a subdued luxury mix