Page 85 - Indian Stock Markets
GMR Infra gets nod from stock exchanges on its proposed restructuring plan
GMR Infrastructure said it has received consent from stock exchanges, with no adverse observations, on its proposed restructuring involving demerger of its non-airport vertical business
 "GMR Infra gets nod from stock exchanges on its proposed restructuring plan")
India plans tough targets for state-run firms ahead of privatisation push
India plans to set tough financial targets for state-run firms to try to improve valuations ahead of a push by PM Modi to privatise some firms, according to a draft government document and sources
 "India plans tough targets for state-run firms ahead of privatisation push")
Indian stocks hit record highs on hopes of Covid-19 vaccine approvals
Indian shares touched a record high, driven by gains in heavyweight Reliance Industries, as hopes for vaccine approvals in the second worst coronavirus-hit country boosted investor sentiment
 "Indian stocks hit record highs on hopes of Covid-19 vaccine approvals")
Sensex, Nifty hit record highs as RBI kept rates steady amid high inflation
Indian shares hit record highs after the country's central bank kept interest rates steady in the face of stubbornly high inflation, while also retaining its accommodative monetary policy stance
Lakshmi Vilas Bank shares slump 10 per cent to hit a 52-week-low
Shares of Lakshmi Vilas Bank slumped further and fell 10 per cent to hit a new 52-week low value in early trade on Friday as investor sentiment remained cautious
 "Lakshmi Vilas Bank shares slump 10 per cent to hit a 52-week-low")
This hottest India internet stock is surging on back of startup investments
Info Edge India climbed to a record on Tuesday and is the top gainer this month on the National Stock Exchange's 10-member IT index. The company runs Naukri.com, nation's leading job-hunting platform
 "This hottest India internet stock is surging on back of startup investments")
Market capitalisation of 8 of top-10 most valued firms zooms Rs 1.9 trn
Bajaj Finance emerged as the biggest gainer, reflecting bullish investor sentiment
Global trends, Covid developments to drive markets in coming week: Analysts
Investors' focus will move to global trends and developments on the Covid-19 pandemic front amid lack of any major domestic trigger in a holiday-shortened week ahead, analysts said
 "Global trends, Covid developments to drive markets in coming week: Analysts")
FPIs remain positive on Indian markets; put in Rs 35,109 cr in Nov so far
FPIs have invested a massive Rs 35,109 crore in Indian markets in November so far as corporate earnings and reforms measures undertaken by the government kept the investors' sentiment upbeat
 "FPIs remain positive on Indian markets; put in Rs 35,109 cr in Nov so far")
Inox Leisure raises Rs 250 crore from qualified institutional placement
Leading multiplex chain Inox Leisure raised Rs 250 crore from a qualified institutional placement of shares
 "Inox Leisure raises Rs 250 crore from qualified institutional placement")
Goldman Sachs sees Nifty50 at 14,100 levels by December 2021
After a subdued performance for most part of the year, Indian equities are entering Samvat 2077 at record highs.
 "Goldman Sachs sees Nifty50 at 14,100 levels by December 2021")
Withdrawals in global listed funds from Indian markets top $11 bn in cy20
The sharpest pull-out was from India-dedicated funds (both ETF and non-ETF) was at $8 billion, followed by global emerging market (GEM) funds at $2.8 billion
 "Withdrawals in global listed funds from Indian markets top $11 bn in cy20")
A good Friday for stock markets: Sensex rises 835 pts, Nifty ends at 11,050
According to reports, the Narendra Modi government is just weeks away from announcing another round of stimulus measures ahead of the festive season.
 "A good Friday for stock markets: Sensex rises 835 pts, Nifty ends at 11,050")
US election, Q2 results of India Inc to keep markets volatile: Analysts
Since their March 2020 low, the Indian benchmarks - the S&P BSE Sensex and the Nifty 50 - have gained 47 per cent and 48 per cent, respectively.
 "US election, Q2 results of India Inc to keep markets volatile: Analysts")
Global cues, Covid-19 trend to guide stock markets this week: Analysts
On the macroeconomic front, WPI inflation data is scheduled to be announced on Monday
 "Global cues, Covid-19 trend to guide stock markets this week: Analysts")
After a 34% surge from March low, brokerages see limited upside for markets
The flattening of the 'Covid-19 infection curve', Covid-19 impact on corporate earnings and the economic policies, they say, hold key to the market trajectory.
 "After a 34% surge from March low, brokerages see limited upside for markets")
Here's the list of outperforming stocks rising most since lockdown
Eight leading promoter-controlled business houses have emerged as the new Corona warriors for the stock market
 "Here's the list of outperforming stocks rising most since lockdown")
Markets shed Covid-19 pessimism with biggest single-day gain since 2009
Sentiment improves as virus spread shows signs of slowing
 "Markets shed Covid-19 pessimism with biggest single-day gain since 2009")
Covid-19: Sensex posts biggest quarterly fall, Nifty's worst in 28 years
Meanwhile, foreign portfolio investors (FPIs) have pulled out net of Rs 55,007 crore (approx. $7.4 billion) from Indian equities in March 2020
 "Covid-19: Sensex posts biggest quarterly fall, Nifty's worst in 28 years")
Will stock markets extend last week's gains amid coronavirus spread?
For the moment, it seems more like a bear market bounce as they are typically sharp