Page 62 - Market News

Stock bearing the brunt of Adani Group rout is at risk of more losses

Adani Total was down by its limit in early trading on Monday. It has done so each day since Jan. 27.

Record gold price may not bring back sheen in Muthoot, Manappuram: Analysts

Analysts believe the continued aggression of banks and fintechs would make gold loan NBFCs pivot their business models to lower spreads and margin

Despite numerous books, good financial advice hasn't changed in 300 years

Mortimer's success at opening up what was in retrospect an obvious market (who doesn't want to know how to get rich?) encouraged a raft of similar publications

Gold prices went down by Rs 550 to Rs 57,160; silver drops to Rs 70,800

The price of ten grams of 22 carat gold in Mumbai is at par with the price of gold in Kolkata and Hyderabad, at Rs 52,400

Stocks of Adani Group remain in MSCI indices after quarterly review

It is still unclear whether the index provider has adjusted weightings of any of the group's stocks in its equity gauges in its latest review

Cobalt's battery-powered boom in 2022 on EV demand surge busts

Pound for pound, the batteries used in laptops, phones and tablets contain much more cobalt than EV batteries, and demand from the industry has fallen about 30% to 40% over the past year

Reserve Bank widening bond lending may shield bears from short squeezes

Some entities like insurance companies are not permitted to borrow money but have a large stock of securities and the move will enable them to lend bonds

Macquarie double upgrades Paytm to 'outperform', ups target price by 80%

This comes after the firm narrowed its net loss to Rs 392 cr in Q3 of FY23, from Rs 778.4 cr in Q3FY22, and expanded revenue from operations by 41.62% to Rs 2,062.2 cr

Gold prices rise Rs 110 to Rs 57,550; silver prices surge by Rs 100

The price of ten grams of 22-carat gold in Delhi, Bengaluru and Chennai is Rs 52,900, Rs 52,800, and Rs 53,730, respectively

Sebi moots institutional mechanism for stock brokers to curb market abuse

Markets regulator Sebi on Tuesday proposed an institutional mechanism that will require stock brokers to put in place systems for detection and prevention of market abuse. Currently, there are no specific regulatory provisions that cast responsibility on brokers to have a system to prevent market abuse. In a consultation paper, Sebi has proposed a regulatory framework which will require broking firms as well as their senior management to be accountable for detection and prevention of fraud or market abuse, by setting up robust surveillance and control systems. In addition, the regulator has suggested that brokers should have appropriate escalation and reporting mechanisms. Sebi has also listed out probable instances of fraud or market abuse which a broker's system should be equipped to monitor. The probable instances can include creation of misleading appearance of trading, price manipulation, front running, insider trading and mis-selling. Unauthorised trading, including facilita

Gold, silver prices remain unchanged; yellow metal trades at Rs 57,160

In Delhi, Kolkata, and Mumbai 1 kg of silver was trading at Rs 71,200

Stocks to Watch: SBI, Vodafone Idea, Paytm, ITC, IndiGo, DCB Bank, Marico

Stocks to Watch: Paytm has narrowed its consolidated net loss to Rs 392 crore in Q3FY22. The company had posted a net loss of Rs 778.4 crore a year ago

Stocks to Watch: Adani Group, SBI, Paytm, BoB, HDFC AMC, Auto, SBI Life

Stocks to watch today: The National Stock Exchange (NSE) on Thursday shifted Adani Enterprises, Adani Ports, and Ambuja Cements to a category of stocks that require up to 100 per cent trading margins

Sensex ends 224 pts higher in uneven trade, Nifty flat; Adani Ent skids 27%

CLOSING BELL: Broader markets, however, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.5 per cent

Adani rout passes $80 billion as key share sale fails to lift mood

The crisis of confidence plaguing Gautam Adani is deepening, with the selloff in the Adani group shares triggered by Hindenburg Research's fraud allegations rapidly turning into a meltdown

Adani group stock rout takes India out of top-five on market capitalisation

The close to $70 billion rout in Adani Group stocks has seen the domestic market slip to sixth position in the world

Sensex rises 445 pts from day's low to end flat; Adani FPO fully subscribed

CLOSING BELL: Broader markets, too, remained upbeat throughout the day as Nifty MidCap 100 and Nifty SmallCap 100 outperformed benchmark indices to close up to 2 per cent

Adani scandal puts India stock regulators' reputation on the line

India has successfully differentiated itself from other EMs, and even from China, through the transparency of its markets, quality of its markets regulator and its protections for minority investors

Sensex ends choppy day 170 pts up, Nifty at 17,650; IT stocks lead gains

Closing Bell: Broader markets trailed gains in benchmark indices. The BSE Midcap and Smallcap indices closed up to 0.2 per cent lower

Mutual funds adopt T+2 settlement cycle for redemption payouts

Move comes two months after Sebi mandated MFs to pay investors within three days of redemption