Page 68 - Stock Market Trading

Sebi imposes Rs 45 lakh fine on 9 individuals for fraudulent trading

he regulator has imposed a fine of Rs 5 lakh each on 8 individuals and one entity, collectively referred to as noticees

Asian stocks mixed after Wall Street rose amid US election voting

Asian stock markets were mixed Friday after Wall Street rose amid protracted vote-counting following this week's US elections. Tokyo and Sydney advanced while Shanghai and Hong Kong declined. Seoul swung between gains and losses. Markets are betting on control of the US Congress being split between Republicans and Democrats, which could mean low taxes and light regulation that investors like stay in place. On Wall Street, the benchmark S&P 500 index closed 1.9 per cent higher. It is moving toward its biggest weekly gain since April. I find it remarkable how relaxed these markets are under the circumstances, said Craig Erlam of Oanda in a report. Hopefully, the faith investors have shown is rewarded, because the last thing we need is an extremely messy conclusion to what has already been a hostile and divisive election. The Shanghai Composite Index lost 0.5 per cent to 3,302.02 while the Nikkei 225 in Tokyo gained 1.1 per cent to 24,367.35. The Hang Seng in Hong Kong shed 0.3 per

Wall Street rallies as investors eye split US Congress after elections

US stocks jumped as investors bet Republicans would hold onto the Senate and prevent changes under a possible Joe Biden White House that would crimp corporate profits

Asian shares near a three-year peak, dollar soft in US deadlock trade

A gauge of Asian shares was set to cling to a near 3-year peak while the dollar stayed sluggish as prospect of a divided US legislature dimmed the chance of major policy changes, lifting risk appetite

Indices rise for 3rd day as investors await US results; Sensex up 355 pts

Robust buying in market-heavyweight Reliance Industries and IT stocks boosted the benchmarks, even as a sharp depreciation in the rupee weighed on sentiment, traders said

Indians raise bets on American stocks ahead of US Presidential elections

Increased interest because of expected short-term volatility, say brokerages

India's largest pharma IPO worth Rs 6,500 cr set to hit market next week

Fosun-owned Gland Pharma sets price band for its IPO at Rs 1,490-1,500 per share

Europacific Growth Fund offloads shares of Adani Ports worth Rs 906 cr

As per BSE bulk deal data, over 2.57 crore scrips were sold at Rs 352.01 apiece, translating into a deal value of Rs 906.76 crore

Asian equities except India see outflows in October on US election jitters

Foreign investors turned net buyers of Indian equities as slowing Covid-19 cases boosted hopes of a faster economic recovery, while other Asian equities faced outflows ahead of the US election

Revenues and profit surge for broking houses in September quarter

During the September quarter, the Sensex and the Nifty indices rallied nearly 10 per cent, while the broader markets rallied even more

Wall Street logs biggest weekly loss since March as Covid-19 cases spiral

Wall Street's major averages pulled back considerably in the week as investors worried that soaring Covid-19 infections could slow down economic recovery

Saurabh Mukherjea settles insider trading case with Sebi, pays Rs 1.38 cr

Analyst and money manager allegedly procured price-sensitive information from senior officials of Mannapuram Finance in 2013

Indices fall for second straight session as investors stay in risk-off mode

Depreciating rupee and weak Q2 results from blue-chips further sap risk appetite

Prediction-addiction, despite being in a fog

We are usually wrong in our predictions about the economy and market, especially since we bring in our own biases to fill the vast gaps in our information. And yet, we cannot help but predict

IPO expenses likely to ease further this year, say industry players

Investment banking and legal fees, advertisement and marketing, listing fees and brokerage, and selling commission are the typical cost heads incurred by a company for an IPO

We've increased cash in portfolio to guard against event risks: J Jaipuria

JAIPURIA, founder of Valentis Advisors, tells Puneet Wadhwa the markets will see positive returns in the second half of the financial year and the year after

A new breed of number crunchers and aspiring equity players in Covid times

Housewives, retired persons and even students are making a beeline for courses in this space as they seek to earn additional revenue, or even make investing a career

Private banks continue to remain the biggest overweight for equity MFs

Telecom, utilities, and healthcare are other top weights for MFs

Indices log gains for 10th straight day after rally in bank, finance stocks

The Sensex opened on a weak note but gained ground in the last hour to finish at 40,794.74, up 169.23 points or 0.42 per cent

Indices rise for 9th straight day, post longest-winning streak since 2018

The last time the Sensex had gained for nine straight sessions was in April 2018