Page 93 - Market News
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
 "Near-term demand uncertainty for Havells likely to weigh on sentiment")
India's one-year returns turn positive, lag global peers: Morningstar
While the past three-month returns for the Indian markets have been strong, the one-year underperformance is on account of relatively weak GDP growth forecasts, said experts
 "India's one-year returns turn positive, lag global peers: Morningstar")
Street signs: HDFC scores a hattrick, use corrections to go long, and more
HDFC Life's inclusion was on an out-of-turn basis, as it replaced Vedanta, which has proposed to delist or go private
 "Street signs: HDFC scores a hattrick, use corrections to go long, and more")
Sebi extends deadline for new margin collection norms by a month
Penalty provision for short-collection, non-collection of upfront margins in cash segment will be implemented effective Sept 1, says regulator
 "Sebi extends deadline for new margin collection norms by a month")
Investors with physical securities can tender shares in buybacks: Sebi
The clarification came after Sebi received representations from investors, expressing concerns that they have not been able to participate in open offers, buybacks
Sebi extends usage of digital signature certification till Dec 31
The extension has been granted after Sebi received a representation from the Institute of Company Secretaries of India
 "Sebi extends usage of digital signature certification till Dec 31")
Sebi allows acceptance of client securities as collateral till August 31
The decision has been taken in view of the prevailing situation due to the Covid-19 pandemic and partial lockdowns in various areas of the country
Sebi extends regulatory norms compliance timeline for RTAs, others
The period from March 23 till September 30 shall be excluded for computing the existing timelines for compliance, Sebi said in the circular
Brokerages want bourses to revisit margin norms ahead of implementation
New directions suggest clients cannot use sale proceeds for other trades
 "Brokerages want bourses to revisit margin norms ahead of implementation")
NCDEX to launch 'options in goods' contract in 3 farm commodities on Monday
Available in rapeseed/mustard seed, maize and wheat, these contracts allow both, farmers and other participants in the value chain to hedge the price risk before actual sowing season begins
 "NCDEX to launch 'options in goods' contract in 3 farm commodities on Monday")
Top Headlines: RBI on NPAs, Urjit Patel on rift with govt, and more
Here are the top headlines of the day
 "Top Headlines: RBI on NPAs, Urjit Patel on rift with govt, and more")
Silver may test all-time high of Rs 75,000 a kg this year, say experts
Gold-silver ratio fell sharply indicating that the white metal is outperforming the yellow
 "Silver may test all-time high of Rs 75,000 a kg this year, say experts")
NCDEX to launch 'Options on Goods' contracts of 3 commodities from July 27
SEBI in January 2020 had allowed exchanges to launch 'Options in Goods' in their commodity derivatives segment
Manufacturing boom over next 5-10 yrs will surprise everyone: Vikas Khemani
The market recovery is surely sharp and gives the feeling of euphoria. but one should not forget that on the other side of the Covid crisis lies a great future, says Carnelian Asset Management founder
 "Manufacturing boom over next 5-10 yrs will surprise everyone: Vikas Khemani")
Street signs: Nifty in bullish territory, HNIs look to break even, and more
Rossari Biotech will make its stock market debut this week following a hugely successful IPO, which saw 80 times subscription
 "Street signs: Nifty in bullish territory, HNIs look to break even, and more")
Commodity picks: 20 July, 2020
Firm global cues due to strong demand from China along with talks of increase in import duty in India could keep the prices firm in near term
 "Commodity picks: 20 July, 2020")
Infosys soars 10% after Q1 showing; Sensex ends 419 points higher
M&M, Nestle India, IndusInd Bank, Kotak Bank, HCL Tech, Bajaj Finance and Axis Bank were the other gainers, spurting up to 3.81 per cent
 "Infosys soars 10% after Q1 showing; Sensex ends 419 points higher")
Fewer takers for smaller companies' shares amid the Covid-19 crisis
A total of 423 stocks declared illiquid in June quarter, up from 340 a year ago and and 223 in June 2018
 "Fewer takers for smaller companies' shares amid the Covid-19 crisis")
Equity schemes with sizeable cash holdings likely to see limited gains
According to data sourced from primemfdatabase.com, as many as eleven small-cap schemes held 7 per cent of their asset base in cash at the end of June
 "Equity schemes with sizeable cash holdings likely to see limited gains")
Yes Bank garners Rs 4,500 cr from anchor investors ahead of FPO
The company has fixed the price band at Rs 12-13 per equity share for its follow-on public offer (FPO) which will be open for subscription from July 15-17
 "Yes Bank garners Rs 4,500 cr from anchor investors ahead of FPO")