Page 85 - Market News

RBI announces special OMOs to buy, sell G-Secs worth Rs 10,000 cr each

On October 1, the RBI would purchase three securities totalling Rs 10,000 crore and selling two securities of the same amount

S&P, Nasdaq retreat as data show weak domestic business activity

Data from IHS Markit showed gains at factories were offset by a retreat at services industries in September

BSE to launch auto cancellation to avoid reversals in exclusive stocks

The move is part of the exchange's effort to maintain and enhance market integrity and safeguard investor interest, BSE said in a statement.

Gold price tumbles Rs 614 to Rs 50,750/10 gm, silver rate tanks Rs 1,898

Silver also tanked by Rs 1,898 to Rs 59,720 per kilogram from its previous close of Rs 61,618 per kilogram

Hindustan Zinc shares close over 2% higher on Rs 4,000 cr fundraising plan

The stock, which jumped 7 per cent to Rs 222.75 during the day on the BSE, later pared some of the gains and settled at Rs 212.55, up 2.16 per cent

Bharti Airtel, VIL shares plunge after Jio unleashes postpaid tariff war

With its competitive pricing in the prepaid segment, Jio has already eroded the subscriber base of both the incumbent players over the past four years

Bank deposit may not be taken as collateral for market transactions: Report

This would be so as such instruments would not be accepted be accepted by clearing corporations to complete a transaction

Telecom firm BSNL raises Rs 8,500 crore through sovereign bonds

BSNL received total 229 bids valued at Rs 17,183 crore

Gold price today declines Rs 326 to Rs 52,423; silver tanks Rs 945

In the previous trade, the precious metal had closed at Rs 52,749 per 10 gram

Sebi must blacklist officials found guilty of governance deficit: Murthy

Murthy also asserted that shareholders must also be provided access to full details of the investigation carried out after any whistleblower complaint

HSBC, StanChart shares fall to 22-yr low on reports of illicit money flows

BuzzFeed and other media articles were based on leaked suspicious activity reports filed by banks and other financial firms with the U.S. Department of Treasury's Financial Crimes Enforcement Network

Global trends, F&O expiry, geo-politics to move stocks this week: Analysts

With no major macroeconomic domestic data to be announced this week, global trends, geo-political worries and F&O expiry on Thursday are likely to move stock markets this week, analysts said. Markets may witness volatility amid derivatives expiry on Thursday, they said. Benchmark index Sensex pared gains to close almost flat last week as the US Federal Reserve's guidance triggered a rout in global equities.The US Fed did not unveil any additional stimulus measures at its policy meet, even though it hinted at the key interest rate staying close to zero at least through 2023. Federal Reserve Chairman Jerome Powell also said the economic outlook is "highly uncertain", stoking fears of more pain in store for businesses. "Markets have been trading with uncertainty and the clear lack of direction to either side was visible in the last week's trades. Due to lack of any fresh triggers for the market, the current uncertainty is expected to continue. But any news with regards to the border .

HDFC AMC: Regulatory changes another headache apart from slowing business

HDFC AMC is looking at effective diversification in investment styles in the equity segment

Sebi issues clarification on asset allocation framework for multi-cap MFs

In its latest press release, Sebi noted that some sections of media have reported various views on the circular and various conclusions are being drawn

FPIs pull out Rs 2,038 cr in September amid rising Indo-China tensions

According to the depositories data, a net Rs 3,510 crore was withdrawn from equities, while Rs 1,472 crore was pumped into debts by FPIs between September 1-11

Multi-cap funds must invest 25% each in small, mid, large-cap stocks: Sebi

As a result, a lot of multi-cap schemes' investment were skewed towards the large-caps

Morningstar shifts to debt, says valuations for Indian equities stretched

The firm believes that investors are relying on the benefits of future growth opportunities to stoke returns, which may not be good investor behaviour

Happiest Minds IPO subscribed 151 times, sees bids worth Rs 58,000 cr

Through the IPO, Happiest Minds was looking to raise Rs 110 crore in fresh capital

Investors can look at dynamic asset allocation funds: DSP Mutual Fund Prez

'Markets have generally been more expensive than the historical averages for some time now', said Parekh

Bharat Dynamics shares crash 13% as Centre launches OFS to divest stake

Rs 900-crore share sale gets bids worth Rs 720 crore from institutional investors; retail portion to be auctioned on Wednesday