Page 5 - Markets

Proposed tax rejig may trigger outflow from debt MFs into equity: Analysts

The proposed amendment will also affect gold funds and international funds, analysts said, who believe that bank FDs will become more attractive

Sensex, Nifty fall nearly 1% amid weak trend in global equities

In a volatile trade, the 30-share BSE Sensex declined 398.18 points or 0.69 per cent to finish at 57,527.10, with 24 of its constituents posting losses

NSE rolls back 6% hike in transaction charges on equity cash, derivatives

The rollback will be effective from April 1, 2023

Finance Bill: Centre hikes STT on futures and options trading by up to 25%

STT was introduced in 2004 and is levied on transactions involving different types of securities through the stock exchange route

GQG Partners' investment in Adani Green Energy soars 100% in 15 days

On March 2, GQG Partners had bought 55.6 million equity shares of AGEL, worth Rs 2,806 crore, at a price of Rs 504.60 per share

Two smallcap stocks touch new highs; have zoomed up to 49% in past 3 months

In the past three months, Vardhman Special Steels has zoomed 49% and KPIT Technologies has surged 41% as compared to a 3% decline in the S&P BSE Sensex

Markets dip as Federal Reserve raises rates despite banking crisis

Bets that US central bank has finished raising rates cushion markets

Star Cement soars 11%, nears 52-week high on heavy volumes

The long-term demand prospects remain positive given the government's thrust on the affordable housing and infrastructure segments, ICRA said

Tega Industries rallies 8%, hits 52-week high on strong growth prospects

Last month, National Company Law Tribunal (NCLT) approved Tega's Resolution Plan for the acquisition of McNally Sayaji Engineering through Corporate Insolvency Resolution Process (CIRP)

Infosys nears 52-week low; stock slips 12% in one month on growth concerns

Following recent developments around bankruptcy of Silvergate, SVB and Signature Bank in the US and UBS-CS merger will likely lead to further curtailing of discretionary tech spends in the near term.

VA Tech Wabag rallies 7%, hits 3-month high on strong growth outlook

The company has won a design, build and operate (DBO) order in Bangladesh worth Rs 800 crore, fully funded by World Bank & AIIB

TMS Ep395: IPCC final warning, extreme summer, gold stock, T-bills

What is IPCC's 'final warning' on global warming? Is India ready for an extreme summer? Will gold glitter in the near term? What are T-bills, and what does inversion of yield mean? Answers here

Gautam Adani lost Rs 3,000 crore a week in 2022-23: M3M Hurun report

The combined market-capitalisation (market-cap) of all listed Adani group firms has plunged nearly Rs 7.11 trillion since January 24 when the Hindenburg report was made public

4 reasons why HSBC thinks Zomato is a great buy at the current levels

HSBC said, Zomato has seen an improvement in the market share it lost to Swiggy, thanks to the launch of Zomato Gold

Anupam Rasayan hits 6-month high; zooms 40% in 5 weeks on strong outlook

Analysts are positive on the company's long term growth trajectory on the back of a robust product launch pipeline especially in high value fluorination chemistry

Sobha slips 5%, nears 52-week low on raid by Income-Tax department

Sobha announced that a search by the Income Tax Department is being carried out at the registered office and other premises of the company

Powered by US boutique investment firm GQG, FPIs turn net buyers

FPIs bought equities worth $1.52 billionbetween March 1 and 15, the most since November 2022, acco­rding to National Securities Depo­sitory data

Shining bright: Record high prices to weigh on demand for gold

Domestic prices are up 8 per cent in the last fortnight; international gold price trades around $1,970 after breaching $2,000 on Monday

Benchmark indices rebound on global trends, buying in Reliance Industries

The benchmark S&P BSE Sensex rose 445 points to end the session at 58,074 - a gain of 0.7 per cent

Steep decline in new mutual fund investors in FY23, shows data

Number for 11 months stands at 3.7 mn against nearly 10 mn last year