Page 562 - Markets

With 4.3% returns on average, most PMS schemes beat Nifty in July

Large-cap PMS schemes gave average returns of 2.5 per cent, mid-cap schemes at 4.7 per cent, multi cap schemes 4.5 per cent and small-cap 9.1 per cent

Record high new SIPs in July but discontinuation jumps, too

Profit booking in rising markets seen as one of the main reasons for high discontinuation

MARKETS TODAY: IPOs, stock-specific activity, inflation data to be in focus

Investor reaction to broader markets will continue to hog the limelight on Thursday. That apart, primary market action, stock-specific activity, and consumer inflation data will be in focus today. > >

Sensex rallies for 3rd day, gains 145 pts; Nifty ends at 16,563; RIL up 1%

The advance-decline ratio remained skewed in favour of seller, highlighting underlying bearishness in market.

Tata Steel soars 5%, hits new record high post June quarter results

In the past six months, the stock has zoomed 120 per cent, as compared to a 6.8 per cent rise in the S&P BSE Sensex

RIL gains nearly 3% on reports of Aramco eyeing stake buy in its O2C biz

Saudi Aramco is in advanced talks for an all-stock deal to acquire a stake in the company's oil refining and chemicals (O2C) business, a Bloomberg report said

D-Mart surpasses Axis Bank, L&T in market-cap ranking as stock hit new high

Avenue Supermarts, the owner of D-Mart chain of retail stores, hit a record high of Rs 3,655.95, up 1.7% on the BSE in intra-day trade

Devyani Int'l makes strong debut, lists at 57% premium over issue price

The stock listed at Rs 141, a 57 per cent per cent premium over the issue price of Rs 90 per share on the BSE and the NSE

Windlas Biotech off to a weak start, lists at 5% discount to issue price

The stock listed at Rs 437, 5 per cent below its issue price of Rs 460 on the NSE

Stocks to watch: Devyani Int'l, Windlas, Krsnaa, Exxaro Tiles, Voda Idea

Oil and Natural Gas Corp's net profit soared by nearly 800 per cent in the first quarter of the current fiscal after more than doubling of oil prices compensated for a fall in production

Nifty in uncharted territory; keep booking timely profits: Sameet Chavan

We advise continuing with one step at a time approach and keep booking timely profits in the rally

Vaishali Parekh picks two stocks that are showing trend reversal on charts

The stock of BSE has witnessed a decent correction from 1,400 level and has bottomed out at 1,070, near the significant 50EMA level of 1,065, and is showing signs of reversal

Market Ahead Podcast, August 16: Factors that could guide markets this week

Four companies will list on bourses on Monday, namely Devyani International, Windlas Biotech, Krsnaa Diagnostics, and Exxaro Tiles

MARKETS THIS WEEK: Stock-specific news flow, global trends to be eyed

Market participants are keenly awaiting the stock market debut of Devyani International, Windlas Biotech, Krsnaa Diagnostics, and Exxaro Tiles, as a relatively muted response to the Aptus Value Housing Finance, Chemplast Sanmar, CarTrade Tech, and Nuvoco Vistas IPOs last week raised concerns if the retail frenzy in the market is losing steam

FPIs invest Rs 2,085 crore in Indian equities so far in August

Foreign portfolio investors (FPI) have made a net investment of Rs 2,085 crore so far in August in Indian equities, according to data from NSDL.

HCL Technologies becomes 4th IT firm to hit Rs 3 trillion market-cap

HCL Tech became the fourth Indian information technology (IT) firm to achieve the milestone after Tata Consultancy Services (TCS), Infosys and Wipro

Manual filing of disclosures not mandatory for cos complying with SDD: Sebi

Sebi on Friday said that manual filing of disclosures by companies, promoter group members, directors and designated persons will no longer be mandatory in case the companies are in compliance with system driven disclosures framework. Under SDD (System Driven Disclosures) framework, relevant disclosures are disseminated by the stock exchanges based on aggregation of data from the depositories without human intervention. On Friday, Sebi said exchanges and depositories have implemented the SDD in accordance with its circular issued in September 2020. "It is, therefore, clarified that for listed companies who have complied with requirements of the circular dated September 9, 2020, the manual filing of disclosures as required under Regulation 7(2) (a) & (b) of PIT Regulations is no longer mandatory," Sebi said in a circular. The norms mentioned by the regulator pertain to the requirement wherein promoters, designated person and directors of a listed company had an obligation to ...

This specialty chemicals firm has rallied 52% in 6 days; here's why

For Q1FY22, Jubilant Industries reported a consolidated net profit of Rs 21.85 crore as against a net loss of Rs 27.75 crore in Q4FY21 and a loss of Rs 2.72 crore in Q1FY21

Globus Spirits at new high as promoter, institutional investors buy stake

On Wednesday, August 12, promoter Ram Bagh Facility Services LLP bought an additional 162,000 shares, while Long Term Equity Fund purchased 175,000 shares of the company

Aurobindo Pharma dips 5% on weak operational performance in June quarter

Aurobindo Pharma has entered into definitive agreements under which the Company will subscribe to fresh equity shares in Cronus amounting to Rs 420 crore