Page 12 - Markets News

Nifty posts longest winning streak in a year on Fed cut, trade deal hopes

Markets gain on Fed rate cut hopes, US trade deal optimism, and GST-driven sentiment boost

Trading activity in SME stocks lags even as market sees new listings

Trading activity can be gauged by the average of the number of trades executed, the companies whose shares change hands, number of shares changing hands, and the value of these transactions

Wall Street hits record highs as rate cut bets intact after inflation data

U.S. consumer prices rose more than expected in August and the annual increase in inflation was the largest in seven months

JioBlackRock set to launch first active equity fund on September 23

JioBlackRock Mutual Fund on Thursday said it will launch its first active equity product, JioBlackRock FlexiCap Fund, on the Systematic Active Equity platform on September 23, but refrained from setting any collection target for the new fund during the initial offer period. This is our first active equity fund. Three or four other active equity funds are in the pipeline, which may see the light of day this fiscal. Other products, including ETFs, will follow in due course, JioBlackRock chief investment officer Rishi Kohli said. The fund, built on BlackRock's globally proven SAE platform, follows a rules-based and predominantly machine-driven process tracking 400 signals. About 95 per cent of the investment process will be technology-driven, aiming to eliminate key-person risk, reduce cognitive biases, and ensure disciplined fund management. The SAE Flexi-Cap Fund will maintain a controlled active risk of no more than 3-4 per cent, lower than industry averages, with a focus on downsid

NFO slump sends equity flows down 22% in Aug, SIP accounts shrink

SIP inflows fall for first time in four months as accounts dip

Ahead of IPO, Urban Company mobilises ₹854 cr from anchor investors

As per the circular, the company has allocated 8.29 crore equity shares at Rs 103 per apiece to anchor investors comprising 59 funds. This takes the fundraising to Rs 854 crore

Sebi notifies easier delisting rules for PSUs with 90% govt holding

Markets regulator Sebi has introduced special measures for voluntary delisting of PSUs, where the government owns 90 per cent or more stake, in a move aimed at streamlining the exit process. Such measures include relaxations from the requirement of a two-thirds threshold for approving delisting by public shareholders and in the mode of computation of the floor price. Also, such delisting can happen at a fixed price at least 15 per cent premium over the floor price-- regardless of trading frequency. In its notification dated September 1, Sebi said the rule is applicable for PSUs-- excluding banks, Non-banking Financial Companies (NBFCs) and insurance companies-- where the state owns 90 per cent or more stake. The floor price for delisting will be calculated using the highest of three options-- volume weighted average price paid during the 52 weeks immediately preceding the reference date; highest price paid during the 26 weeks immediately preceding the reference date; and the pri

MFI credit cost to moderate to 4-4.5% in FY26, 3-3.5% in FY27: ICRA

ICRA expects MFI credit cost to fall after surging in FY25, easing to 4-4.5% in FY26 and 3-3.5% in FY27, with AUM growth seen resuming at 8-12% as RBI relaxes norms

Camso acquisition at $225 mn valuation a long-term positive for Ceat

CEAT has acquired the Camso brand from Michelin for $225 million, strengthening its OHT portfolio, boosting capacity and expanding global presence in key markets

Sebi revises settlement dates after September 8 declared holiday

Sebi has changed settlement schedules for derivatives, cash, and SLB segments after clearing corporations declared September 8 a holiday, ensuring smooth market functioning

Global edtech company XED sets the syllabus for GIFT City listings

This will be the first IPO at the IFSC and could serve as a template for other companies considering the tax-friendly jurisdiction

Multi-asset funds march to the hybrid throne; gold their banner

Inflows signal a changing guard from BAFs, though analysts caution investors against recency bias

Turtlemint Fintech Solutions files confidential DRHP with Sebi for IPO

The insurance distribution platform has filed a pre-filing DRHP with Sebi and stock exchanges, but clarified that the filing does not necessarily mean an IPO will follow

Amber to raise ₹1,200 crore for ILJIN Electronics from PE investors

ChrysCapital, Two Infinity, Raptor and InCred to invest in Amber Enterprises' subsidiary ILJIN Electronics through equity and CCPS to boost EMS and PCB manufacturing

Opec+ set to raise crude oil output further from October, says Iraq

That increase, which equates to about 2.4% of world demand, was intended to boost market share amid pressure from US President Donald Trump for lower oil prices

G-sec yield surge hurts long-debt mutual funds, opportunity in sight

However, long duration bonds, MFs now attractive for investors, say experts

Jane Street files appeal in SAT, says Sebi probe 'biased, pre-determined'

Jane Street has appealed to the Securities Appellate Tribunal against Sebi's July 3 order, alleging denial of crucial documents and bias in the Nifty Bank manipulation probe

US court ruling on Donald Trump's tariffs fuels market uncertainty

Wall Street's main indexes fell about 1% on Tuesday, while longer-dated U.S. Treasury yields jumped, amid a global bonds selloff on fiscal worries

Sugs Lloyd IPO receives 3.23 times subscription on final day of offer

The initial share sale of integrated EPC player Sugs Lloyd received 3.23 times subscription on the final day of the offer on Tuesday amid encouraging participation from institutional investors. The initial share sale received bids worth over Rs 246.74 crore, the company said in a statement. The quota for non-institutional investors received 5.30 times the subscription, while the portion for the individual investors category was subscribed 2.12 times. The qualified institutional buyer segment fetched 2.03 times subscription, bringing the overall subscription to 3.23 times on the final day of bidding. The price band of the issue was fixed at Rs 117-123 per share. The initial public offering (IPO) is entirely a fresh issue of up to 69.64 lakh equity shares with a face value of Rs 10 each. Sugs Lloyd intends to utilise Rs 64 crore of the total IPO proceeds towards working capital requirements to support its business expansion, and the remaining capital will be used for general corpora

RIL's growth plans, Jio listing can lead to re-rating of its stock

RIL targets retail revenue growth of over 20 per cent CAGR for three years and has ambitions of becoming India's biggest FMCG player