Page 25 - Market News
MFs look beyond India as asset managers launch schemes with global exposure
The thematic passive index fund is designed with the objective of providing Indian investors access to both Indian and global healthcare companies
 "MFs look beyond India as asset managers launch schemes with global exposure")
Volumes sustain in September despite new margin, share pledge norms
Cash market average daily turnover value stood at Rs 58,700 cr last month
 "Volumes sustain in September despite new margin, share pledge norms")
Mazagon Dock IPO subscribed 157 times on third day; UTI AMC IPO 2.31 times
The last hugely subscribed PSU IPO was that of IRCTC last year
 "Mazagon Dock IPO subscribed 157 times on third day; UTI AMC IPO 2.31 times")
DLF: Investors should be cautious given weak demand scenario, downside risk
Cost control efforts and ongoing consolidation are other triggers for the stock
 "DLF: Investors should be cautious given weak demand scenario, downside risk")
Mindtree co-founder, family sell 466,000 shares; holding down at 2.01%
The transactions were carried out by Krishnakumar N, wife Akila Krishnakumar and son Siddarth in multiple tranches between September 15-23, Mindtree said in a regulatory filing on Saturday
 "Mindtree co-founder, family sell 466,000 shares; holding down at 2.01%")
Cipla shares gain 5% after USFDA okays capsules; m-cap rises by Rs 3,021 cr
The stock jumped 5.10 per cent to close at Rs 770.20 on the BSE. During the day, it rose by 5.97 per cent to Rs 776.60.
 "Cipla shares gain 5% after USFDA okays capsules; m-cap rises by Rs 3,021 cr")
Equitas SFB revises offer size for proposed initial public offering
Equitas Small Finance Bank had received the Sebi's approval for the IPO on March 3
 "Equitas SFB revises offer size for proposed initial public offering")
Passive funds dominate NFO line up as most active fund lag benchmarks
Fund houses have launched ETFs in both equity and debt segments
 "Passive funds dominate NFO line up as most active fund lag benchmarks")
Investors richer by Rs 3.52 trillion as markets make strong comeback
Equity market investors became richer by Rs 3,52,020.53 crore on Friday as benchmark indices made a strong comeback after falling for almost a week. Snapping its six-day falling streak, the BSE benchmark index jumped 835.06 points or 2.28 per cent to close at 37,388.66. Following the broad-based recovery, the market capitalisation of BSE-listed firms zoomed Rs 3,52,020.53 crore to Rs 1,52,28,237.75 crore on Friday. "After a brutal selling in the previous session, markets made a comeback and posted a strong rally of 2.3 per cent, recovering most of the last session's losses. Value buying emerged across the counters," Choice Broking Executive Director Sumeet Bagadia said. The benchmark had plunged 1,114.82 points or 2.96 per cent to close at 36,553.60 on Thursday. All the constituents of the Sensex ended in the green, with Bajaj Finserv, HCL Tech, Bharti Airtel, IndusInd Bank, L&T, TCS, ICICI Bank and ONGC rising up to 6.64 per cent. In the broader market, the BSE midcap and ...
 "Investors richer by Rs 3.52 trillion as markets make strong comeback")
Gold price jumps Rs 324 to Rs 50,824 per 10 gm, silver up by Rs 2,124
Silver prices also bounced back and gained Rs 2,124 to Rs 60,536 per kilogram from previous close of Rs 58,412 per kilogram
 "Gold price jumps Rs 324 to Rs 50,824 per 10 gm, silver up by Rs 2,124")
Markets in 'deep hole' as growth fears escalate; Sensex falls 1,115 points
FIIs pull out Rs 8,000 crore in 4 sessions
 "Markets in 'deep hole' as growth fears escalate; Sensex falls 1,115 points")
RBI announces special OMOs to buy, sell G-Secs worth Rs 10,000 cr each
On October 1, the RBI would purchase three securities totalling Rs 10,000 crore and selling two securities of the same amount
 "RBI announces special OMOs to buy, sell G-Secs worth Rs 10,000 cr each")
S&P, Nasdaq retreat as data show weak domestic business activity
Data from IHS Markit showed gains at factories were offset by a retreat at services industries in September
 "S&P, Nasdaq retreat as data show weak domestic business activity")
BSE to launch auto cancellation to avoid reversals in exclusive stocks
The move is part of the exchange's effort to maintain and enhance market integrity and safeguard investor interest, BSE said in a statement.
 "BSE to launch auto cancellation to avoid reversals in exclusive stocks")
Gold price tumbles Rs 614 to Rs 50,750/10 gm, silver rate tanks Rs 1,898
Silver also tanked by Rs 1,898 to Rs 59,720 per kilogram from its previous close of Rs 61,618 per kilogram
Hindustan Zinc shares close over 2% higher on Rs 4,000 cr fundraising plan
The stock, which jumped 7 per cent to Rs 222.75 during the day on the BSE, later pared some of the gains and settled at Rs 212.55, up 2.16 per cent
 "Hindustan Zinc shares close over 2% higher on Rs 4,000 cr fundraising plan")
Bharti Airtel, VIL shares plunge after Jio unleashes postpaid tariff war
With its competitive pricing in the prepaid segment, Jio has already eroded the subscriber base of both the incumbent players over the past four years
 "Bharti Airtel, VIL shares plunge after Jio unleashes postpaid tariff war")
Bank deposit may not be taken as collateral for market transactions: Report
This would be so as such instruments would not be accepted be accepted by clearing corporations to complete a transaction
 "Bank deposit may not be taken as collateral for market transactions: Report")
Telecom firm BSNL raises Rs 8,500 crore through sovereign bonds
BSNL received total 229 bids valued at Rs 17,183 crore
 "Telecom firm BSNL raises Rs 8,500 crore through sovereign bonds")
Gold price today declines Rs 326 to Rs 52,423; silver tanks Rs 945
In the previous trade, the precious metal had closed at Rs 52,749 per 10 gram
