Page 92 - Market News

HSBC India comes up with green deposit programme for corporate clients

Under the scheme, deposits will be used to finance environment friendly projects

Street shrugs off likely credit cost pain for Cholamandalam Investment

While the management believes it has made adequate Covid-19 provisioning, analysts are skeptical

Despite a struggling economy, what is drawing people to the stock markets?

The share of non-institutional investors in trading volumes surged to 72 per cent in July; we look at the reasons behind this

Fund managers will have to rethink investment ideas, says K V Kamath

Veteran banker said corporates might need re-structuring of their balance-sheets

Fund pick: Invesco India Mid Cap is a consistent mid-cap outperformer

The investment objective of the scheme is to generate capital appreciation by investing predominantly in mid-cap companies

MCX to launch India's first bullion index, Bulldex, on August 24

The bourse recently launched options on goods in 100-gm goldmini contract

Motherson Sumi: Declining losses at greenfield plants to aid margins

While losses at the greenfield facilities have come down to 19 million euros from 175 million euros in FY20, analysts expect them to turn positive at the operating profit level by the end of FY21

Special market ops can be useful for monetary policy transmission: RBI

OT involves buying of GSECs with longer-term maturities -- ten years and five years -- and selling of shorter-term GSECs of original/ residual maturities of one and three years

RBI remains net purchaser of US dollars in June, buys $9.814 billion

In May, the RBI had bought $4.663 billion and sold $300 million in the spot market. It had net purchased $4.363 billion in May

Margin pressures likely to cap upside for Dr Lal Pathlabs: Analysts

The 29 per cent fall in volumes in the quarter was responsible for revenues declining 21 per cent year-on-year

Gold price slumps to Rs 54,763 per 10 gm; silver plunges to Rs 73,600 a kg

In the international market, gold was trading lower at $1,989 per ounce and silver also witnessed selling and was quoting down at $27.90 per ounce

Canara Bank to hit market with equity offering of Rs 5,000 cr in Q4FY21

Lender plans to raise additional tier-I capital of Rs 1,500 crore each in second and third quarters of FY21

'Quality' stocks come at a premium, valuations have crossed pre-Covid level

The P/E for Bharti Airtel and Avenue Supermarts is currently below the pre-Covid levels. Reliance Industries, Cipla, Havells India, and Eicher Motors have seen the maximum P/E expansion

Companies raise Rs 1.55 trn via BSE bond platform in FY21 so far

During 2019-20, the platform was used by 116 issuers for garnering over Rs 4.33 trillion from commercial papers, and by 121 issuers for raising Rs 3.36 trillion via bonds

Exchange's subsidiary can administer, supervise investment advisers: Sebi

Under IA Regulations, Sebi can recognise any body or body corporate for the purpose of regulating IAs

Sebi slaps Rs 80 lakh fine on six individuals in matter of VKS Project

The individuals who have been penalised are V K Sukumaran, Saritha Sukumaran, Piyush Kothari, Mohammed Azhar Khan, Mehul Modi and Nelesh Devendra Vora

Sebi bans 4 entities for providing unauthorised investment advice

Those facing ban are -- Money Increase, Venture Revenue, their proprietor Ashish Chourasiya and Shinal Jain, who is connected to Chourasiya

Bandhan Bank's main shareholder seeks $1.4 billion in stock sale

Those shares are offered at a floor price of $4.16 each, according to the terms

Markets, through volatility, may continue to do well: Vaibhav Sanghavi

While the near-term economic data may continue to remain weak, the markets, through volatility, may continue to do well, amid disbelief

Near-term demand uncertainty for Havells likely to weigh on sentiment

Though revenues declined 45 per cent year-on-year (YoY) to Rs 1,479 crore, there was a better-than-expected rebound in June sales, which pushed top line ahead of consensus estimate of Rs 1,302 crore