Sunday October 25, 2020

RBI Governor Shaktikanta Das said he is asymptomatic and will work from isolation.

Sunday October 25, 2020

Monday's session is likely to see a soft start to the day. The levels of 12,000 and 12,025 will act as resistance points, while support will come in at 11,840 and 11,785 levels.

Sunday October 25, 2020

Sebi did not possess copy of April 23 resolution on winding up passed by FT Trustees board of directors, did not respond to e-mail of April 14 sent by AMC, court observes

Sunday October 25, 2020

Here’s a look at what some of the key indicators are suggesting for Monday's action.

Sunday October 25, 2020

The third quarter will provide little respite to the supermajors with three out of the five expected to post losses.

Sunday October 25, 2020

On the top 10 chart, HDFC Bank, HDFC, ICICI Bank, Kotak Mahindra Bank, Bharti Airtel and HCL Technologies were gainers.

Sunday October 25, 2020

In equities, FPIs invested a net sum of Rs 15,642 crore and the debt segment saw an inflow of Rs 2,107 crore during October 1-23, the depositories data showed.

Sunday October 25, 2020

Overall price and data setup suggests bounce may be seen but multiple hurdle and supply pressure at higher zones could restrict its upside momentum with higher volatility.

Sunday October 25, 2020

The simultaneous listing in Hong Kong and Shanghai of the Chinese financial technology giant, backed by e-commerce behemoth Alibaba, would beat the previous largest IPO, Saudi Aramco's $29.4 billion float last December.

Sunday October 25, 2020

In this liquidity-fueled bull run, it’s hard to find good value picks as most stocks are overvalued.

Sunday October 25, 2020

PC Jeweller, Suzlon Energy, Himatsingka Seide and JK Tyre among top BSE500 gainers, having rallied 26-30% last week.

Sunday October 25, 2020

Value investor Nooresh Merani's tech charts are also showing signs of faltering momentum for RIL.

Sunday October 25, 2020

​The CBDT has amended I-T rules, thereby diluting norms for investment purposes to bonds with minimum 'A' rating, as against the earlier requirement of 'AA' rating.

Sunday October 25, 2020

M&M has taken a bit of pause and now I think it is ready to charge back again on the upside.

Sunday October 25, 2020

DIPAM Secretary Tuhin Kanta Pandey said the pre-IPO work of LIC is going on at four stages and only after the four stages converge, then a decision would be taken on the quantum of government stake to be diluted in LIC.

Sunday October 25, 2020

The week ahead is going to be a busy one with earnings from major largecaps and midcap firms, some of which may have a bearing on market behaviour.

Sunday October 25, 2020

Vedanta Ltd. holding companies Vedanta Resources Ltd. and Volcan Investments Cyprus Ltd. must repay a combined $1.17 billion next year.

Sunday October 25, 2020

A stake sale in LIC is crucial for meeting a record Rs 2.1 lakh crore disinvestment target set for the current fiscal ending March 31, 2021

Sunday October 25, 2020

Yes Bank returned to profit in the quarter ended September and Kumar made provisions for potential covid-related losses.

Sunday October 25, 2020

Until US elections, avoid fresh longs in any market , says Ajay Bagga

Sunday October 25, 2020

Treasury Secretary Steven Mnuchin, Pelosi’s primary negotiating partner, said there’s been significant progress but blamed the California Democrat for holding up an agreement.

Sunday October 25, 2020

The yuan rallied to the strongest in more than two years earlier this week, aided by dollar weakness and China’s economic recovery from the virus pandemic.

Sunday October 25, 2020

Lee, who was 78, helped grow his father Lee Byung-chull's noodle trading business into South Korea's biggest conglomerate. His death came more than six years after he was hospitalised for heart attack.

Saturday October 24, 2020

"We wish to inform you that the Board of Directors of the Company through resolution passed by circulation on Saturday, October 24, 2020 have approved First Interim Dividend of ? 9.50 per equity share," the company said in the BSE filing.

Saturday October 24, 2020

The total dividend payable by Vedanta would amount to Rs 3,500 crore.

Saturday October 24, 2020

“SSAB is holding preliminary talks with Tata Steel of India as it seeks merger options,” the report said quoting persons familiar with the matter. The Swedish company, which has a market value of around $3.2 billion, would gain control of Tata Steel’s European business if they pursued such a deal, the report said.

Saturday October 24, 2020

The capital gains tax rate has historically been lower than taxes on ordinary income, which is the taxes paid on salary or business income. Wealthy people pay a disproportionate amount of these taxes, because they are more likely to hold financial assets such as stocks, bonds and real estate.

Saturday October 24, 2020

“I don’t think Bitcoin is going to be used as a transactional currency anytime in the next five years,” Novogratz, founder and chief executive officer of Galaxy Investment Partners, said in an interview with Bloomberg TV and Radio.

Saturday October 24, 2020

The Board of Directors, in its second quarterly update on the asset resolution status, said it has addressed Rs 1,460 crore of additional debt in second quarter of this fiscal and will rollover the Rs 7,300 crore shortfall in target to subsequent quarters. The company is targeting debt resolution worth Rs 13,000 crore in the December quarter.

Saturday October 24, 2020

"We are studying the order issued by the Hon'ble Karnataka High Court and will take appropriate steps in consultation with legal experts in the best interest of unit holders," said Franklin Templeton.​​​

Saturday October 24, 2020

"It's the first time that the pricing of such a big listing - the largest in human history - has been determined outside New York City" he told the Bund Summit in the eastern financial hub of Shanghai.

Saturday October 24, 2020

The coming week is going to be extremely important from technical perspective. From a pure analytical point of view, the 12,000 mark will be a major and important resistance level, both from the point of view of classic market technicals and on the basis of derivative data.

Saturday October 24, 2020

Farrell is one of the pioneers of technical securities analysis, who always endorses the use of the sentiment gauge to better evaluate and understand how a market and individual stocks might move.

Saturday October 24, 2020

According to RBI, retail housing loans will attract a risk weight of 35 per cent, where LTV is less than or equal to 80 per cent and a risk weight of 50 per cent where LTV is more than 80 per cent but less than or equal to 90 per cent.

Saturday October 24, 2020

Unfortunately, while volatility is not easy to handle, it’s also a reality of the investment world that cannot be eliminated, but only embraced and navigated.

Saturday October 24, 2020

Contrary to expectations, India’s power consumption grew in double digits YoY at 11.4 per cent in the first half of this month. This signals buoyancy in industrial and commercial activities after months of subdued activity and indicates that India as an economy is in now a superior position compared with other developed countries.

Saturday October 24, 2020

Benchmark 10-year Treasury yields, which move inversely to bond prices, rose to 0.8682 per cent Friday morning, the highest since early June when the U.S. economy began to reemerge from widespread lockdowns to halt the spread of the coronavirus.

Saturday October 24, 2020

The government had divested close to 15% stakes in both New India and GIC in 2017. The disinvestment of GIC Re resulted in a mop-up of Rs 11,370 crore and New India’s IPO raised Rs 9,600 crore. Both the companies are currently trading at big discounts to their issue price.

Saturday October 24, 2020

Overall, 73 companies in the S&P 500 index have offered guidance this quarter so far, up from last quarter's 65 pre-announcements but well below the 170 companies that typically offer guidance, according to Refinitiv data.

Friday October 23, 2020

Sebi alleged IPO proceeds worth Rs 14 crore were diverted and mis-utilised by the company to support the price of its own shares on the listing day.The proceeds were channeled through two layers of entities.

Friday October 23, 2020

"During the quarter, we have witnessed the urgency among clients to adopt IT infrastructure models which would provide them the agility and flexibility to run their businesses remotely during the crisis," Sify CEO Kamal Nath said in the statement.

Friday October 23, 2020

While the S&P BSE Sensex Index is near the most expensive on record, its premium over the MSCI EM Index is only around 45 per cent

Friday October 23, 2020

Valiant Mauritius Partners sold 9,127,583 shares of Reliance Naval and Engineering at Rs 1.67 per share.

Friday October 23, 2020

"Gold is getting some boost from the dollar weakening and we have the U.S. elections and there's still a lot of uncertainty. Also, there are talks about the U.S. stimulus package in negotiation," said Bank of China International analyst Xiao Fu.

Friday October 23, 2020

Ant, backed by e-commerce firm Alibaba Group , has launched a dual-listing process in Hong Kong and on Shanghai's STAR Market, and the offering is set to be the world's largest.

Friday October 23, 2020

"Investment demand was good in the last few days. Retail demand for jewellery is still weak, but it could improve during the festive season," said Ashok Jain, proprietor of Mumbai-based gold wholesaler Chenaji Narsinghji.

Friday October 23, 2020

Several U.S. states reported record daily increases in infections on Thursday, while France extended curfews for about two thirds of its population as the second wave of the COVID-19 pandemic sweeps across Europe.

Friday October 23, 2020

Treasury yields surged this week as traders started pricing in a resounding Democrat victory that all but removes the risk of a disputed vote and the volatility that would come with it. It may also spare the world from another wave of protectionist U.S. policy, which would boost the euro.

Friday October 23, 2020

Sebi found that Kalpbut Real Estate had mobilised a sum of Rs 15.65 crore as on March 31, 2013 from 2,338 investors under its various schemes

Friday October 23, 2020

Last week, the state- owned power generation company had approached Sebi seeking an exemption from one of its rules which bars a company from announcing buyback program pending any scheme of amalgamation.