Page 147 - Stock Market

India's lagging automobile stocks face risk of festival season fizzle

Below-normal monsoon rains that have impacted rural demand and the risk of an impending third coronavirus wave are posing a challenge for Indian vehicle makers

Markets hit fresh highs as telecom, PSU stocks gain, Sensex near 59K

Nifty adds 139 points and ends session at 17,519, up 0.8 per cent. Both the indices surpass their previous record close made on September 9

Ami Organics, Vijaya Diagnostic make strong stock market debuts

Ami Organics' stock closed at Rs 935, with a gain of Rs 325, while Vijaya Diagnostic finished at Rs 619, with a gain of Rs 88.

Sun Pharma stock expected to keep market lead as firm recovers in US

Stock trading at the highest discount to ten-year valuation averages, as brokerages favour its US specialty portfolio.

New investors, algos and a bull market

'I believe there will be many Utsavs when the market becomes volatile and algos go haywire', says the author

Cash, commodity volumes drop; futures and options continues to grow

The peak margin norms have been implemented in phases since December 2020

Bonds beckon as equity holdings get risky after rally, say experts

With interest rates expected to rise, it may be prudent to avoid long-term options, say experts

Buy growth, value stocks for equity portfolio to beat inflation: Chris Wood

Global fund managers should keep an eye on the 5-yr forward inflation expectation rate in the US to get a sense of the timing of taper by the US Fed

Four recently listed IPO stocks dip ahead of anchor lock-in expiry

The 30-day lock-in period for anchor investors ends on Monday for all the four companies

Indian shares muted as energy stocks offset tech, financial losses

Indian shares were unchanged on Thursday as gains in the energy sector offset losses in some technology and financial stocks

FPIs raise a storm over T+1 settlement cycle, approach Sebi chief

Sebi on Tuesday introduced an optional T+1 settlement cycle for the markets, with effect from January 1

Sebi tweaks client level position limits for currency derivative contracts

Sebi on Tuesday tweaked the client level position limits for trading in cross-currency futures and options contracts. Position limit refers to the highest number of options or futures contracts an investor is allowed to hold on one underlying security. Based on feedback received from stock exchanges and clearing corporations and upon a review of the same, it has been decided to revise the client level position limits, per stock exchange, Sebi said in a circular. Gross open positions of the client across all contracts in the respective currency pairs will not exceed the limits set up by the regulator. For USD-INR, Sebi said that gross open position across all contracts will not exceed 6 per cent of the total open interest or USD 20 million, whichever is higher. Earlier, this was USD 10 million. In EUR-INR case, the gross open position across all contracts will not exceed 6 per cent of the total open interest or 10 million euros, whichever is higher. The limit was earlier fixed at 5

Sebi bans 85 entities from capital markets for fraudulent trading

Sebi on Monday barred total 85 entities, including Sunrise Asian Ltd, from the capital markets for up to one year for manipulating the company's share price. In its order, the regulator restrained Sunrise Asian and its then five directors from the capital markets for one year and the 79 connected entities for six months. The Securities and Exchange Board of India (Sebi) had conducted an investigation in the scrip of Sunrise Asian for the period from October 16, 2012 to September 30, 2015, based on a reference received from the Principal Director of Income Tax (Investigation), Kolkata. The investigation was conducted to ascertain whether there was any violation of the provisions of the PFUTP (Prohibition of Fraudulent and Unfair Trade Practices ) Regulations by certain entities while trading. In its probe, Sebi found that pursuant to allotment of shares under the scheme of amalgamation, Sunrise Asian and its then directors had devised an arrangement whereby 83 connected entities had

China says government to set prices for after-school classes

The shares of companies such as TAL Education Group, New Oriental Education & Technology Group and Gaotu Techedu Inc., once stock market darlings, have all tumbled.

Top five digital brokers corner over half of industry's active client base

Despite breakneck growth, not all brokers are consistently churning out a profit

Sensex tops 58,000 in best week since May, completes 10,000-pt rise in 2021

FPIs on Friday bought shares worth nearly Rs 770 crore, taking their weekly buying tally close to the Rs 7,000 crore mark

M&M shares slip 2% as company stares at production cut due to chip shortage

Shares of Mahindra & Mahindra on Thursday slipped over 2 per cent after the company said its production will be cut by up to 25 per cent due to semiconductor shortage. The stock declined 2.29 per cent to close at Rs 752.50 on BSE. During the day, it dipped 2.60 per cent to Rs 750.10. It was the biggest drag among the BSE 30-share frontline companies list. At NSE, it went lower by 2.26 per cent to close at Rs 752.45. In a regulatory filing, the company said its automotive division continues to face a supply shortage of semiconductors, which further accentuated due to COVID-19 lockdowns in some parts of the world. "Consequently, the company will be observing 'No Production Days' of around 7 days in its automotive division plants in the month of September 2021," it added. The move is estimated to result in a "reduction in production volumes of the automotive division in September 2021, by 20-25 per cent", it said. In August, the company sold 15,973 units of passenger vehicles in th

Nifty breaches 17,000 for the first time, Sensex eyes 60k milestone

The surge in August saw India's market cap top the Rs 250-trillion mark

Peak margin norms to hit market depth without impacting on trading volumes

Most new customers are investors who mostly buy and hold; they aren't adding liquidity to markets the way day traders do, says top market player

Smaller stocks give higher returns to investors so far this fiscal

In a reflection of the bullish sentiment in the equity market, smaller stocks have captured the limelight, giving higher returns to investors so far this fiscal