Markets Mayhem

Billion-dollar club loses 118 companies amid equity market selloff

Raymond, Edelweiss, TTK Prestige among firms whose mcap has slipped below $1 bn

Promoters can offer shares to staff via stock exchange mechanism: Sebi

In a move aimed at ensuring ease of compliance and lower costs, Sebi on Tuesday said promoters of companies can give shares to their employees under the Offer For Sale (OFS) through the stock exchange mechanism. At present, shares under OFS are offered to the staff outside the stock exchange mechanism. Based on the feedback received from stakeholders, Sebi noted it is observed that the said procedure is time-consuming, and involves additional costs and multiple activities. Against this backdrop, the Securities and Exchange Board of India (Sebi) has decided on a new system that will be in addition to the existing one with respect to OFS for companies' employees. Under the new system, OFS to employees would be on T+1 day along with the retail category under a new category 'Employee'. "In order to enhance efficiency, ease of compliance and reduce cost, based on deliberations in the Secondary Market Advisory Committee of Sebi and discussions with stock exchanges and clearing corporati

Investors' wealth plunges Rs 7.5 trn amid escalating global tensions

The 30-share BSE Sensex plunged 825.74 points or 1.26 per cent to settle at 64,571.88 points. During the day, the index plummeted 894.94 points or 1.36 per cent to 64,502.68 points

Markets end lower for 3rd month in a row: Here're best & worst of Nifty50

If not for the Rs 70,000-crore buying by domestic institutions, the market fall would have been steeper

Credit Suisse plummets 12%, options worsen as market mayhem takes toll

Shares in the Swiss banking giant plummeted 12% to an all-time low on Monday after a weekend of fevered Twitter speculation about its financial health, before they regained almost all of the losses

LIC may list on May 17; IPO of right size, says Dipam Secy Tuhin Pandey

The government is selling 221,374,920 shares in LIC, aiming to raise around Rs 21,000 crore

Trading calls by Ajit Mishra of Religare Broking: Buy Britannia, Lupin

Britannia has been trading in a broader consolidation range of Rs 3,350-3,840 for the last one year and is currently hovering in the middle

Global dividend payouts forecast to revive by as much as 5% in 2021

Janus Henderson's report warned that dividends could still fall 2% this year, in a worst-case scenario. But its best-case scenario sees 2021 dividends up 5% on a headline basis

50 days of lockdown: Indian markets are among the biggest losers globally

For instance, auto sales were almost zero for the month of April, and companies are still limping back to produce vehicles

Sebi considers short selling ban, trading curbs to reduce market volatility

Last week, the finance ministry hauled up the market regulator, seeking immediate action to curb the free fall in the market, sources said

Top 10 companies lose Rs 4.22 trillion in m-cap; TCS, RIL hit hard

Reliance Industries' m-cap plummeted Rs 1,03,425.15 crore to Rs 7,01,693.52 crore

Market carnage: Rs 12 trillion worth of investor wealth wiped off

Trading was halted for 45 minutes in early session after the index hit its lower circuit limit

Indian stocks crash to worst day since 2008 as pandemic fuels growth fears

The last time Indian stock indexes dropped as much was at the height of the global financial crisis in 2008

Market mayhem wipes off over Rs 11 trillion investor wealth

Amid intensifying rout in global financial markets, the 30-share BSE Sensex plummeted 2,919.26 points or 8.18 per cent to end at 32,778.14

Coronavirus' impact not fully priced in, says Rogers Holdings chairman

Jim Rogers, chairman of Rogers Holdings, tells Puneet Wadhwa that he is looking to invest in India upon a correction

Nirmala Sitharaman's second Budget is a missed chance for the markets

Expectations of a growth stimulus have been belied

Bank shares keep markets under pressure

Bank shares which had surged over 10% last week witnessed profit taking

5 ways to identify stocks when the markets are in turmoil

Now that the dust has settled and the markets are still trading at a lower level than those in the previous week, one can look out for companies that are potential gainers

Shanghai Composite slumps 7 percent as panic selling intensifies

China's benchmark indexes have now lost roughly 20 percent in August and are heading for their worst monthly performance in six years

RBI Dy Governor tries to allay concerns over market, rupee

S S Mundra reiterated that despite the slide in markets and rupee since Monday, the country was on the right path of reforms