Page 90 - Market News

IPOs off to best start in 12 yrs as Budget uncertainty spurs rush of offers

Four deals worth Rs 7,376 crore launched, most since Jan 2008; bullish sentiment in secondary market fuels new offers

Sensex at 50,000 just a psychological mark, be watchful, say experts

Gush of foreign money chasing equities and valuations well past the earlier high makes a ripe case for profit booking

Bajaj Finance: Q3 show suggests strong comeback, company remains cautious

Festive season demand has lifted new customer addition and loan growth closer to pre-pandemic levels

Maintain a constructive view on Indian equities for 2021: Ashish Gumashta

With a successful breakthrough on the vaccine front, we seem to be moving closer to normalisation in a quarter's time, says Julius Baer India MD

FPA Global Opportunity Fund sells CARE Ratings' shares worth Rs 52 cr

FPA Global Opportunity Fund on Tuesday sold nearly 10 lakh shares of CARE Ratings Ltd worth about Rs 52 crore through an open market transaction.

Why the bid war for DHFL may well end up being a curse for the winner

Establishing a greenfield HFC may be cheaper for the bidders than picking up one embroiled in fraud probes

Market flush with IPO but small firms struggled to raise capital in 2020

Number of SME issues dropped from 51 in 2019 to 27; amount raised by small companies fell 74.5% to Rs 159.1 crore

Gush of institutional funds into banking stocks likely to taper

Rerating cycle may have neared its end as much of the positives are well-priced in

Antony Waste Handling Cell IPO subscribed 15 times on the last day

The initial public offer of Antony Waste Handling Cell was subscribed 15 times on the last day of subscription on Wednesday.

Sebi grants exemptions for delisting of Pagita Leasing and Finance Company

Regulator Sebi has granted certain exemptions to Pagita Leasing and Finance Company Ltd for voluntary delisting of its equity shares.

RIL, L&T, HDFC Bank: Strategies for blue-chip stocks in a range-bound mkt

The Mukesh Ambani-controlled RIL needs to decisively conquer Rs 2,070 mark to attract fresh buying

Commodity rally to create new winners and losers in coming quarters

Metal & mining firms to gain; others may see margins contract

MF stock universe set for a rejig; ICICI Securities expects 4-5 switches

YES Bank could re-enter the large-cap universe at it is currently the 88th most valued company in the country

It's likely value-oriented stocks will outperform, says Nippon India MF CIO

On the domestic side, we have latent demand in many industries due to the slowdown of the last few years, multi-year low-interest rates, exports, and capital flow being assisted by the global macro sc

Experts advise investors not to ignore higher-priced 'growth' stocks

The MSCI all-country value index outperformed its growth peers by more than 5 percentage points last month - the most in almost two decades

Divi's Labs: New capex, margin expansion to support earnings growth

Brokerages expect the company's net profits to grow by 30 per cent annually over FY20-23

Lucknow Municipal Corporation garners Rs 200 crore on BSE Bond platform

The municipal corporation received 21 bids on BSE BOND platform for Rs 450 crore

Debt MFs see Rs 1.1 trn inflow in Oct on robust investment in liquid funds

Gilt funds came back under investors' radar in October after witnessing net outflow for two consecutive months

Sensex touches 43,000-mark for first time; NSE Nifty tops 12,600

Extending its winning streak for the seventh straight session, equity benchmark Sensex soared 680 points to scale another lifetime high on Tuesday, tracking a global market rally driven by Pfizer's COVID-19 vaccine trials data. After touching its lifetime peak of 43,316.44 during the day, the 30-share BSE index ended 680.22 points or 1.60 per cent higher at 43,277.65. The broader NSE Nifty too touched a fresh intra-day high of 12,643.90. It ended at 12,631.10, up 170.05 points or 1.36 per cent. Bajaj Finance was the top gainer in the Sensex pack, surging around 9 per cent, followed by IndusInd Bank, L&T, Bajaj Finserv, HDFC, SBI, ICICI Bank, HDFC Bank, ONGC and Axis Bank. On the other hand, Tech Mahindra, HCL Tech, Infosys, Nestle India, Sun Pharma and TCS closed in the red. "Announcements by BioNTech and Pfizer about successful phase 3 trial of COVID-19 vaccine instilled confidence among investors and possibility of sustained economic recovery led sharp buying in beaten down ...

Sebi extends settlement scheme for illiquid stock option cases till Dec 31

Sebi has extended till December 31 the one-time settlement scheme for entities that executed reversal of trades in stock options segment of the BSE during 2014 and 2015.