Page 30 - Market News

Running on 'hopium': Explaining the market rally in Wall Street's terms

'Every time the stock market starts to sell off, the Federal Reserve responds with some accommodative policy,' said Mike O'Rourke, chief market strategist at JonesTrading

BSE to introduce LES in gold mini, silver kilo from July 6 to boost trade

Under the LES, brokers and other market intermediaries are given incentives for a specified period of time to bring in and generate investor interest in securities that have limited trading activity

India Cements stock up by more than 6% on Damani takeover buzz

Damani, the owner of Avenue Supermarts Ltd., has informally reached out to the cement manufacturer's controlling shareholder, N. Srinivasan, to explore a takeover, the report said

Traders advise caution as retail activity in F&O segment picks up

Market participants say heightened volatility in markets is attracting investors to take advantage of sharp swings, but only few will end up making money

Sebi panel suggests measures to strengthen enforcement, recovery mechanism

The committee headed by former Supreme Court Judge Anil Dave has proposed a method of quantification of profit made by the defaulter and loss caused to investors

Covid-19 crisis: MFs invest Rs 1,230 cr in equities during lockdown

In the entire month of March, MFs made an investment of over Rs 30,000 crore on attractive valuations as many stocks hit their 52-weeks lows

Silver surges 3% to trade at Rs 50,000 a kg, its highest in over six years

Investors booked white precious metal as an alternative to gold amid expectation of an spurt in demand with gradual opening up of economy from an eight-week nationwide lockdown

GSK Pharma: Near term headwinds may keep stock prices under pressure

April sales were the worst among top drug players

Four of top-10 companies add Rs 1.12 trn in m-cap; TCS, Airtel, ITC shine

ITC's valuation jumped Rs 26,735.6 crore to Rs 2,29,065.73 crore and that of Bharti Airtel climbed Rs 21,222.12 crore to Rs 3,23,514.55 crore

Global cues, earnings, Covid updates to set market trend next week: Experts

Markets will be closed on Monday for 'Id-Ul-Fitr'

Benchmark bond yield rises sharply after govt plans to hike borrowing

Traders said yields could rise further in the absence of any immediate support from the central bank in the form of an open market calendar

Corporate earnings, Covid-19 trend, global cues to drive markets this week

Markets would also track macroeconomic numbers where PMI data for the manufacturing sector is scheduled to come on Monday, while those for the services sector would come on Wednesday

Sebi slashes fees on trading, filing documents to boost market activity

The broker turnover fee has been slashed by 50 per cent of the existing fee structure

Top biz headlines: Stimulus package for industry, IBC breather and more

Here are the top 10 business headlines on Friday morning

Rupee tanks 36 paise to all-time low of 76.80 against USD in early trade

The rupee opened weak at 76.75 at the interbank forex market and then fell further to hit an all-time low of 76.80, down 36 paise over its last close.

Secondary share sales continue to dominate IPOs with 80% of proceeds

While such a sale provides exits to PE investors and encourages promoters to list, it only results in change of equity ownership and doesn't really create new manufacturing or service capacity

SIP closures loom as coronavirus outbreak takes a toll on the markets

After falling 6 per cent in February, the Sensex has declined over 23 per cent in March. Estimates suggest 85-90 per cent of SIP investors are exposed to equity assets.

Bears restrained, outflows, lockdowns to affect Asian currencies: Survey

Intervention to combat the dual threat from the sudden liquidation of regional assets and a dollar funding shortage also helped ease bearish sentiment, the poll of 13 respondents showed.

Coronavirus impact: RIL's stock pricing in a worst-case scenario

Higher telecom earnings can help amid fears of weak refining & petrochemical margins

Shanghai tops world's IPO league table despite coronavirus outbreak

Eight companies raised $2 billion that month and a further 5 deals in March were worth $615.5 million.