Page 11 - Indian Markets

Revised RBI guidelines on securitisation likely to impact short-term loans

But they are unlikely to disrupt the securitisation market as such loans constituted only 5% of the total securitisation volume in H1FY23

India's public spending could crowd out private spending, says CEA

India's chief economic adviser said on Friday that the current pace of public spending in the country could crowd out private spending

What to expect from Indian equity markets in 2023 as performance cools

While India has been a standout market this year, with the NSE Nifty 50 Index up above 7%, compared to an 18% slump in global stocks, it remains the most expensive in Asia

Sebi receives over 30,000 whistleblower complaints: Chief vigilance officer

If we continue to misuse this policy with frivolous and mischievous complaints, then we are blunting it," she said

Subramanian Swamy alleges differential treatment by market regulator Sebi

Seeks the Sebi chair's intervention and probe in specific cases of violations

BAF fund managers divided on equity markets over risk-reward landscape

Equity allocation varies by a big margin across schemes as fund managers use different models

RBI restores pre-pandemic trading hours for some money market segments

Changes effective Dec 12; RBI had shortened market hours for all segments in April 2020

Foreign regulators must respect our credibility: RBI governor on ESMA row

On Oct 31, ESMA de-recognised CCIL apparently over RBI's refusal to grant audit and inspection rights; Move has potential to hamper bond and derivative trading operations of European banks in India

Are the markets fully pricing in recession fears?

Business Standard's Puneet Wadhwa spoke to Jitendra Gohil, Director, Global Investment Management, Wealth Management, India at Credit Suisse on how the markets may play out over the next few months

Growth triggers to keep earnings trajectory robust for Timken India

New plant expected to boost company's revenues, margins

India emerging as key investment destination amid China's zero-Covid policy

As foreign investors pumped money in stocks in India over the last week, Indian benchmark Indices, the BSE Sensex and NSE Nifty, reached new highs, despite economic chaos at the global level

Foreign equity funds pile into Indian financials as credit cycle picks up

Indian shares are trading at a record-high valuation premium to their Asian counterparts, BNP Paribas said

Rupee falls 24 paise to 82.09 against dollar in line with domestic equities

The rupee declined 24 paise to 82.09 against the US dollar in early trade on Tuesday as heavy selling pressure in domestic equities and rising crude prices overseas weighed on investor sentiment. Besides, foreign fund outflows put pressure on the domestic unit, forex dealers said. At the interbank foreign exchange, the domestic unit opened weak at 81.94 against the dollar, then slipped further to 82.09, registering a fall of 24 paise over its previous close. In the previous session on Monday, the rupee had settled down by 52 paise at 81.85 against the dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.07 per cent to 105.22. Brent crude futures, the global oil benchmark, advanced 0.94 per cent to USD 83.46 per barrel. In the domestic equity market, the 30-share BSE Sensex was trading 353.44 points or 0.56 per cent lower at 62,481.16. The broader NSE Nifty fell 99.30 points or 0.53 per cent to 18,601.75. Foreign ..

Sensex slips nearly 34 points on profit taking in oil, auto stocks

Among the Sensex pack, Reliance Industries, Tech Mahindra, UltraTech Cement, Dr Reddy's, Axis Bank, Bharti Airtel, Bajaj Finserv and Mahindra & Mahindra were the major laggards

Street Signs: Likely shift to broader market, PVC pipe firms to gain & more

After a sustained run, the benchmark Nifty is likely to move sideways and action could shift to the broader market

TMS Ep317: Industry trends, Cyberattacks, Markets, Modular nuclear reactor

What do industry trends reveal about the economy? How can India fend off cyberattacks? Will RBI play spoilsport or cheer the bull party? What is a modular nuclear reactor? Answers here

Busy buying: FPIs bet big on India and Asia in November, shows data

The Asia pack (excluding China), as a whole, saw the biggest foreign inflows in nearly two years at $15.7 billion

Rupee gains as Fed's Jerome Powell hints at slower US rate hikes

So far in 2022, the Fed has hiked rates by a total of 375 bps, leading to a stronger dollar and diminishing the appeal of emerging market assets

Market regulator Sebi bars FWCS, its directors from markets for 1 year

Markets regulator Sebi has barred Fingravy Wealth Creation Services (FWCS) and its directors from the securities markets for 1 year for providing unauthorised advisory services. The order came after Sebi passed an ex-parte interim order dated January 14, 2020 against FWCS and its present and past directors -- Dhiraj Gupta, Sumit Kumar, Hemanchal Singh, Ravindra Singh and Ashutosh Sharma. In its interim order, the regulator found FWCS and its directors were prima facie found to have violated the provisions of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) rules and IA (Investment Advisors) norms. The regulator also noted, noticees have been restrained from accessing the securities markets until further orders through the interim order. They were also directed to cease and desist from acting as an investment advisor until further orders. In its final order, the regulator found FWCS and its directors have not disputed the findings of the interim order in respect of the

Gland Pharma stock seen underperforming after acquiring France's Cenexi

Lack of near-term visibility on profitability for the core business is another concern about Indian firm