Page 34 - Stock Markets

Foreign outflows from markets hit record after weaker Modi mandate

MUMBAI (Reuters) -Foreign institutional investors (FIIs) sold a record 124.36 billion rupees (about $1.5 billion) worth of Indian shares, as NSE Nifty 50 and S&P BSE Sensex logged their worst day in more than four years, provisional data from the National Stock Exchange showed on Tuesday.

Stocks set to scale record highs as vote counting for LS election begins

The benchmark indexes have grown by a little more than three times in value since Modi became prime minister in May 2014

Exit Poll 2024: Bank, auto, defence stocks may see 'Modi rally' on Monday

Lok Sabha elections exit polls 2024: The stock market bulls will be further emboldened by the better-than-expected 8.2 per cent growth in GDP numbers

Lok Sabha Exit Poll 2024: FII money, waiting on sidelines, may rush in

Lok Sabha elections exit polls: Ten years of the Narendra Modi government have set expectations and given a framework for investors

FPIs take out over Rs 25,586 cr from equities in May on poll jitters

Foreign investors pulled out a massive Rs 25,586 crore from Indian equities in May due to uncertainty surrounding the outcome of general election and outperformance of Chinese markets. This was way higher than a net outflow of over Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. Before that, FPIs made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February, while they took out Rs 25,743 crore in January, data with the depositories showed. Going ahead, election results, which will be out on June 4, could determine FPIs flows into Indian equities in the near future. In the medium term, US interest rates will exert more influence on FPI flows, Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. According to the data, Foreign Portfolio Investors (FPIs) made a net withdrawal of Rs 25,586 crore from equities in May. The relatively high valuations and weak earnings, .

Sebi issues rules for inspection of warehouses by clearing corporations

Capital markets regulator Sebi on Wednesday simplified guidelines on the requirement of inspection of warehouses by clearing corporations. In its circular, Sebi said that the requirement of two inspections in a calendar year can be done away with for accredited storage facilities with 'nil' stock, continuously during the preceding six months. In these cases, the number of inspections by an independent agency can be limited to once in a calendar year, it added. With no stocks for the entire year, the regulator said that no independent inspections are needed. Before accepting new deposits, facilities with no inspections in the previous year must comply with in-house inspection requirements. This decision is aimed at streamlining the inspection process and reducing unnecessary inspections for facilities without stocks, promoting ease of doing business while ensuring readiness and compliance. Under the current rules, there is a requirement for clearing corporations to conduct independ

How Will Stock Markets React if BJP Wins or Loses Lok Sabha Elections?

Are you nervous about the June 4 results and wondering how it will impact financial markets? Global brokerage firm UBS outlines four possible scenarios for investors. Watch the video to know how stock

Sebi action on fantasy games operating on real-time stock market data

At least once in a financial year the list of activities and entities using this data will have to be reviewed by the board of MIIs

Equity traders seek cues from election shadow bets to combat uncertainty

Weeks before vote counting set for June 4, stock markets are closely tracking shadow-betting platforms that are flourishing nationwide

Market regulator Sebi offers shield against M&A stock price disruptions

Framework part of rumour verification norms that kick in from June 1; Industry awaited detailed rules

Stock Market Highlights, May 17: Sensex up 253 pts, Nifty tops 22,450; broader indices outperform

Stock markethighlights on May 17, 2024: M&M, JSW Steel, Ultratech Cement, Kotak Bank, ITC, Maruti Suzuki, NTPC, and Tata Motors were the top gainers on the Sensex

Class-action suits come to the rescue of investors in Indian mkts, finally

It's only now that the tool is finally being put to use. Two separate challenges are being heard by India's company law tribunal

Investors subscribe Go Digit General Insurance IPO 36% on day 1 of bidding

The initial public offer of Go Digit General Insurance, a firm backed by Canada-based Fairfax Group, received 36 per cent subscription on the first day of bidding on Wednesday. The initial share sale received bids for 1,88,86,890 shares against 5,28,69,677 shares on offer, as per NSE data. The portion for Retail Individual Investors (RIIs) got subscribed 1.44 times and that of non-institutional investors received 34 per cent subscription. Go Digit General Insurance has raised a little over Rs 1,176 crore from anchor investors. The company's Rs 2,615-crore initial share sale will conclude on Friday. The price band for the offer has been fixed at Rs 258-272 per share. Go Digit's proposed Initial Public Offer (IPO) has a fresh issuance of equity shares worth Rs 1,125 crore and an Offer-for-Sale (OFS) of 5.47 crore equity shares by promoter Go Digit Infoworks Services and existing shareholders worth Rs 1,490 crore. This takes the total IPO size to Rs 2,615 crore at the upper end of th

Stock Market Highlights, May 13: Sensex recoups 910 pts from low, ends 112 pts up; Nifty holds 22100

Stock market highlights, Monday, May 13, 2024: In the broader markets, the BSE MidCap index gained 0.36 per cent, while the BSE SmallCap fell 0.23 per cent

45 million and counting: The unique rise of mutual fund investor

Revival on two fronts: Index surge by 25% in FY24, propelled by strategic fund launches and marketing blitz

VIX vapour rising: Election-related anxiety catches up with the markets

Volatility index shoots up days after a record low

Sebi proposes direct transfer of securities to clients' accounts

"In a move to enhance operational efficiency and reduce the risk to clients' securities, it has been deliberated to make the process of direct payout of securities to the client account mandatory,"

Nifty bias to remain negative till it breaches 22,500, says Ajit Mishra

Nifty50 outlook: On the downside, the 21,850-22,150 zone is anticipated to provide support. Traders are advised to maintain caution

Equity markets end with losses; Nifty retreats after hitting fresh highs

Sensex sees intraday swing of 1,627 points

May 1 holiday: Are Indian stock markets NSE, BSE open today for trading?

In May, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed for two days