Page 487 - Markets

Will markets absorb Fed's half-point whiplash?

At 8.5%, the US is feeling the inflation heat. After the US Fed Chief hinted at a 50-bps rate hike in May, the Indian markets crashed last Friday. Does this mean a bearish market for investors ahead?

Markets may face volatility this week amid derivatives expiry: Analysts

Equity markets may face volatility this week amid monthly derivatives expiry, and global trends along with the ongoing quarterly earnings by corporates would continue to play a major role in trading movement, analysts said. Markets would also keenly track foreign fund movement amid unabated outflows. "It is expected that this week will also kick off on a sombre note on the back of sharp fall in the US market on Friday after hawkish commentary by the US Fed and weak earnings. The global cues may dominate this week along with April month F&O expiry and Q4 earnings. "In terms of Q4 earnings, market will react to the results of ICICI Bank on Monday while HDFC Life, Bajaj Auto, HUL, Ambuja Cement, Axis Bank, Bajaj Finserv, Vedanta, IndusInd Bank, Maruti Suzuki, Ultratech Cement and Wipro will be other key results which are scheduled this week," said Santosh Meena, Head of Research, Swastika Investmart Ltd. FIIs are continuously selling in the Indian equity market and their behaviour ...

WhiteOak Capital Asset Management plans to open 100 branches in 12-18 mnths

WhiteOak Capital Asset Management, a new entrant to the mutual fund space, is looking to open nearly 100 branches across the country in the next 12-18 months.

Sustainable funds see Rs 315 crore outflow in FY21-22, says report

Investors are yet to warm up to the concept of sustainable investing with sustainable or ESG funds in India witnessing outflows of Rs 315 crore in 2021-22

Nomura sees 75bps Fed hike in June, July; markets will absorb it: Analysts

Following the two 75 bps hikes in June and July, Nomura expects the US Fed to hike rates by 25 bps at every meeting scheduled in 2022 and 2023

Gold rallies by Rs 263; silver gains Rs 500 in line with global trends

In the international market, gold was trading higher at USD 1,952 per ounce and silver was flat at USD 24.45 per ounce

Govt plans to raise nearly Rs 30,000 crore through mega LIC IPO

The Indian government has pegged LIC's valuation at around Rs 6 trillion, according to the sources

Sterlite Technologies zooms over 17% amid heavy volume on stake sale buzz

The company's board is scheduled to meet on April 28 to consider a proposal for raising funds

ICICI Bank Q4 preview: Net profit may rise 46% YoY, NII 20%, say analysts

ICICI Bank Q4 preview: The net interest income is expected to grow in the range of 17 per cent to 24 per cent over previous year, up to Rs 12,890 crore

Don't see significant slowdown in retail flows: Tata AIA Life's Patil

Retail money is a factor in the lack of attractive alternate investment avenues among other asset classes: Patil

Valuations, sharp rise in oil made FPIs nervous since October: Jefferies

In the last six months, the S&P BSE Sensex and the Nifty have slumped around 7 per cent each as foreign investors dumped Indian stocks across the board

Stocks to Watch: RIL, Paytm, ITC, ICICI Bank, HCL Tech, ONGC, NBFCs

Stocks to watch today: Retail investors' shareholding in Paytm doubled in the March quarter to 7.72 per cent

Angel One soars 18%; ICICI Securities drops 5%

Angel One saw its stock end the day at Rs 1,918.7, valuing the company at Rs 15,910 crore.

Regulatory changes set to change the way wealthy individuals invest in IPOs

IPO application patterns set to change as investors adjust to new realities

High on energy, RIL hits all-time high; M-cap nears Rs 19 trillion

Morgan Stanley says hydrogen will form 10% of earnings

Indices extend gains for 2nd straight day; Sensex rises 874 points

Sensex, Nifty rise 2.6% in 2 days, erasing half the losses made in last 5 sessions

Market rally: Investors richer by over Rs 5.74 trn in two days

In tandem with the recovery in equities, the market capitalisation of BSE-listed firms jumped by Rs 5,74,427.92 crore in two sessions to stand at Rs 2,71,77,156.37 crore

Sensex zooms 874pts in broad-based rally; Nifty tops 17350; RIL, HDFC up 2%

CLOSING BELL: Mukesh Ambani-led Reliance Industries (RIL) is set to become India's first company to hit market capitalisation (m-cap) of Rs 19 trillion

Adani Enterprises rallies 5%, hits record high; stock soars 27% in a month

Earlier this month, International Holding Co had agreed to invest $2 billion in three Adani Group companies including Adani Enterprises through the preferential allotment route

Government likely to take a call on timing of LIC IPO within this week

The government is likely to take a call on the timing of LIC initial public offering within this week, a senior official said. The sale of 5 per cent stake or 31.6 crore shares in the country's largest insurer was originally planned for in March, but was postponed in view of the geopolitical tension. The government has time till May 12 to launch the IPO without filing fresh papers with markets regulator Sebi. The official said it would be a tough call to decide whether to go ahead with the retail and domestic investor demand or to wait for geopolitical tension to ease and FIIs to return to market. "A decision on timing the IPO would be taken this week," the official told PTI. LIC's embedded value, which is a measure of the consolidated shareholders' value in an insurance company, was pegged at about Rs 5.4 lakh crore as of September 30, 2021, by international actuarial firm Milliman Advisors. There were estimates made in certain quarters that LIC's market valuation would be about