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Market erases gains to end flat amid volatility; Maruti Suzuki rises 5%

After touching a lifetime intra-day peak of 53,057.11, the 30-share BSE Sensex settled 14.25 points, or 0.03 per cent higher, at 52,588.71, marking its third straight session of ga­ins

HUL gains 6% in June on demand recovery hope, market share improvement

Brokerages expect sales and earnings to grow faster than peers

Opec+ discusses crude output hike in preparation for next meeting

Moscow is considering making a proposal that the group should ease a global supply deficit by increasing output, according to Russian officials familiar with the matter

Foreign funds at IFSCs may get benign tax treatment under VCC model

K P Krishnan committee report has made multiple suggestions for Indian VCC vehicles to compete with Singapore

PNB Housing controversy puts spotlight on independent valuer rule

Inconsistencies between the Companies Act and the Issue of Capital Regulations to be debated before SAT

Retail investors stock up on financial, consumer staple, IT: SBI report

Retail participation in the stock market, the report said, increased during the pandemic, especially in the second half of fiscal 2021-22

Demand recovery, new launch hopes drive gains for Maruti Suzuki

Price hikes effective from July 1 could offset input cost pressures

MSCI India crosses 55% premium over emerging markets peers: Report

We expect the valuation premium to remain at elevated levels, as it offers one of the fastest growth in the region, Credit Suisse Wealth Management India said

Shares of four Adani Group companies locked in 5% upper circuit

Adani Green Energy (Rs 1,115.85), Adani Transmission (Rs 1,297.65), Adani Total Gas (Rs 1,321) and Adani Power (Rs 120.60) were locked in 5 per cent upper circuit on the BSE

Privatisation buzz lifts Indian Overseas Bank, Central Bank stocks by 20%

The stock of the Mumbai-based Central Bank was locked in the upper circuit at Rs 24.30 on the back of an over 2x jump in trading volumes. A combined 88.5 million shares changed hands

Govt mulling ways to ease tax burden on foreign AIF investors

Such investors have had to bear higher taxes on their investment because of the goods and services tax (GST) borne by such funds, which is ultimately passed on to the investors

Markets rebound for the second day on the trot as investors 'buy the dip'

Stocks fell sharply on both, Friday and Monday after a Fed official said he sees rate hikes as early as next year. However, they recouped losses on both days.

SAT dismisses Rana Kapoor's appeal against Sebi's Rs 1-cr penalty order

Case relates Sebi show-cause to Kapoor and his firm for alleged lapse in disclosure norms

About 60 NFOs mobilise Rs 27,000 cr in six months amid buoyancy in markets

While new offerings are usually launched during a bull phase when investor sentiment peaks, industry officials believe these NFOs launches are largely to complete bouquet of products from fund houses

With growth prospects improving, more steam left in NTPC stock

The power generator's growth prospects are improving and capacity expansions provide medium-term visibility

5G traction likely to add to Tech Mahindra's order book, growth

Valuations at a 30% discount to peers are also at attractive levels

SBI Cards' shares fall by 6.7% as PE giant Carlyle sells 5.1% stake

Carlyle sold 48 million shares at Rs 1,002 apiece to raise Rs 4,810 crore.

Sebi issues framework for supervisory body for investment advisors

Markets regulator Sebi on Friday came out with a framework for investment adviser administration and supervisory body.

CLSA puts sell rating on Rakesh Jhunjhunwala-backed Nazara; stock tanks 12%

CLSA initiated coverage on Nazara Tech with a Sell rating and target price of Rs 1,095, citing hefty premium valuation

Dodla Dairy IPO gets subscribed 45x on Day 3, KIMS 3.8x

Dodla Dairy had priced its IPO between Rs 421-428 per share, while KIMS had priced its between Rs 815 to Rs. 825 per equity share. Both IPOs close on Friday.