Page 20 - Market News

Top Headlines: WTO members reach deal, advance tax collection up 48% in Q1

The members of the World Trade Organization (WTO), for the first time in a decade, finalised a historic deal at 12th Ministerial Conference (MC12). Read more in our top headlines

Market may fall further to compensate for sharp rise in bond yields

The equity and the bond market are joined at the hip through respective yields on both instruments

Debt mutual funds see Rs 32,722-cr outflow in May on rising interest rates

Mutual funds focused on investing in fixed-income securities witnessed a net outflow of Rs 32,722 crore in May in the wake of Reserve Bank of India (RBI) stance on monetary policy turning hawkish

Investors lose Rs 1.2 trn as LIC shares tumble 20% below issue price

Those investors who had put their money in LIC IPO had experienced a heavy depreciation in their portfolio, as the shares of the insurance major have been tumbling ever since its exchange listing

Stocks to watch: ITC, LIC, BPCL, Bharti Airtel, IOC, DLF, IGL, Zydus Life

Stocks to watch today: At 7:26 am, the SGX Nifty futures were quoting 16,223 levels, signaling 30-40 point loss for the 50-packed index.

Gold hovers near 2-1/2-month low; investors focus on Fed rate decision

Spot gold was flat $1,863.16 per ounce by 1144 GMT, after touching its lowest since Feb 16 of $1,849.90 earlier.

Corporate misgovernance in India

NSE has blotted its record even with separate chairman and managing director roles

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 ...

Demat account tally jumps 63% to 89.7 million in FY22, shows data

Experts say, however, that pace of additions may moderate going ahead

Work piles up at Sebi as 2 whole-time member posts continue to lie vacant

The Appointments Committee of the Cabinet (ACC) approved the appointment of Ashwani Bhatia as a WTM in March, however, his joining has been delayed.

Stock markets tumble for third straight day amid inflationary pressures

The 30-share BSE Sensex opened on a firm footing but failed to hold on the momentum, finishing 237.44 points or 0.41 per cent lower at 58,338.93

Sebi to auction 15 properties on May 11 to recover investors' money

Capital markets regulator Sebi on Wednesday said it will auction the properties of Sun Plant Agro, Sun Plant Business and Remac Realty on May 11 to recover money that was illegally raised from the public. It will auction a total of 15 properties of these three firms for reserve prices ranging from Rs 19 lakh to Rs 1.7 crore. Out of the 15 properties, nine belong to Sun Plant Business, four relate to Sun Plant Agro and the remaining two belong to Remac Realty. These properties include land parcels and flats spread across West Bengal, the Securities and Exchange Board of India (Sebi) said in a notice. Inviting bids for the sale of assets under the recovery proceedings against the three firms and their directors, Sebi said the auction will be conducted online on May 11 from 10.30 am to 12.30 pm. Adroit Technical Services has been appointed as the e-auction service provider. The regulator has asked the bidders to make their own independent enquiries regarding the encumbrances, title

Sebi comes with new guidelines to evaluate risk value of gold

The annualised volatility will be computed quarterly based on past 15 years' prices of benchmark index of a commodity

Indices slip after US 10-year yield spikes; Sensex falls 482 points

Rising bond yields are considered to be negative for the equity markets, at least in the near-term.

Market being sold a false narrative for past few months: Saurabh Mukherjea

Serious foreign investors - pension funds, sovereign wealth funds, endowments - continue to load up on India, says Marcellus Investment Managers CEO Saurabh Mukherjee

Equity volumes see strong growth in FY22 despite tightening of margin norms

The equity cash market grew 9 per cent and derivative volumes jumped 2.6 times

Street signs: Nifty sees resistance at 18k, vehicle financier stocks & more

The benchmark Nifty last week pierced 18,000 for the first time since January 19. While Vehicle financier stocks are likely to gain on the back of demand recovery and improved asset quality

Sebi bans Big Em Estates, others for running illegal money pooling scheme

Sebi has directed Big Em Estates & Infrastructures Ltd as well as its promoters and directors to refund more than Rs 73 lakh and also barred them from the securities market for running an unauthorised investment scheme under the garb of tree plantation business. The entities have also been prohibited from selling their assets and holdings in mutual funds, shares and securities. Sebi said that Big Em was running Collective Investment Scheme (CIS) without obtaining the requisite approval from it. The firm, while running the scheme under the garb of tree plantation business, collected Rs 73.65 lakh from 629 investors during 2016-2017, according to an order passed on Wednesday. Securities and Exchange Board of India (Sebi) conducted an investigation following several complaints, alleging that the company was mobilising money from investors by persuading people to invest in teak plantation. In the order, the regulator directed Big Em, its promoters and directors to wind up the CIS and

Markets snap a two-session rally; HFDC twins slip on profit booking

Equity benchmarks took a knock on Tuesday after two days of sharp upmoves as investors pocketed gains in banking and financial stocks after their recent rally

HDFC-HDFC Bank merger powers D-Street: Sensex, Nifty50 jump over 2%

The frontline indices jumped more than 2 per cent on Monday as the announcement of the plan to merge HDFC into HDFC Bank set their stocks soaring