Page 90 - Market News

Global cues, earnings, Covid updates to set market trend next week: Experts

Markets will be closed on Monday for 'Id-Ul-Fitr'

Benchmark bond yield rises sharply after govt plans to hike borrowing

Traders said yields could rise further in the absence of any immediate support from the central bank in the form of an open market calendar

Corporate earnings, Covid-19 trend, global cues to drive markets this week

Markets would also track macroeconomic numbers where PMI data for the manufacturing sector is scheduled to come on Monday, while those for the services sector would come on Wednesday

Sebi slashes fees on trading, filing documents to boost market activity

The broker turnover fee has been slashed by 50 per cent of the existing fee structure

Top biz headlines: Stimulus package for industry, IBC breather and more

Here are the top 10 business headlines on Friday morning

Rupee tanks 36 paise to all-time low of 76.80 against USD in early trade

The rupee opened weak at 76.75 at the interbank forex market and then fell further to hit an all-time low of 76.80, down 36 paise over its last close.

Secondary share sales continue to dominate IPOs with 80% of proceeds

While such a sale provides exits to PE investors and encourages promoters to list, it only results in change of equity ownership and doesn't really create new manufacturing or service capacity

SIP closures loom as coronavirus outbreak takes a toll on the markets

After falling 6 per cent in February, the Sensex has declined over 23 per cent in March. Estimates suggest 85-90 per cent of SIP investors are exposed to equity assets.

Bears restrained, outflows, lockdowns to affect Asian currencies: Survey

Intervention to combat the dual threat from the sudden liquidation of regional assets and a dollar funding shortage also helped ease bearish sentiment, the poll of 13 respondents showed.

Coronavirus impact: RIL's stock pricing in a worst-case scenario

Higher telecom earnings can help amid fears of weak refining & petrochemical margins

Shanghai tops world's IPO league table despite coronavirus outbreak

Eight companies raised $2 billion that month and a further 5 deals in March were worth $615.5 million.

Telecom stocks remain a safe bet amid coronavirus disruption: Expert

Analysts at Emkay Research believe that telecom remains one of the safest spots in the current scenario

Centre, Sebi likely to remove tax on buybacks, LTCG to lift sentiment

Investors have already swamped the government and Sebi with such demands as stocks of several companies have taken a beating

Investors lose Rs 14.22 trn wealth as markets drop 3,935 pts on Monday

The BSE benchmark index tanked 3,934.72 points or 13.15 per cent to close at 25,981.24. During the trade, it hit a one-year low of 25,880.83.

Markets to operate normally today: Sebi amid reports of shutdown

"Markets will work normally tomorrow (Monday)," said a Sebi official. "All segments at BSE will operate as usual on Monday 23," said Ashish Chauhan MD & CEO, BSE.

MCX permits members to use terminals from home till April 30

The decision has been taken as a preventive measure in view of government stopping modes of transport even within the city.

Eight of top-10 companies witness combined loss of Rs 3.63 trn in m-cap

Valuation of Reliance Industries Ltd (RIL) eroded by Rs 54,961.45 crore to Rs 6,46,732.07 crore and that of HDFC dropped by Rs 54,479.15 crore to Rs 3,03,722.13 crore.

Covid-19 to continue to dictate market trends next week: Analysts

During the last trading week till Friday, the Sensex plummeted 4,187.52 points or 12.27 per cent, while Nifty tanked 1,209.75 points or 12.15 per cent.

Crude oil adds over 4%, gold and silver up as markets recover sharply

News of factories and showrooms in China reopening after several weeks of lockdown boosts sentiment

Caught between divulging views, HDFC Bank stock closes in the red

US-based Bernstein slashes rating to underweight, almost halves target price; UBS maintains positive stance