Page 21 - Indian Markets
BSE, NSE to be shut on October 21 on account of Maharashtra polls
Leading stock exchanges BSE and NSE have announced trading holiday on October 21 on account of assembly elections in Maharashtra. They have announced trading holiday for capital markets, futures and options and currency derivative segment, BSE and NSE said in separate circulars. "On account of assembly elections in Maharashtra which is scheduled to be held on October 21, 2019, members are requested to note that exchange hereby notifies trading holiday for capital market, futures & options and currency derivative segments," NSE said. The commodity derivative segment will be open only for evening session, it added.
 "BSE, NSE to be shut on October 21 on account of Maharashtra polls")
IPO filings down 45% until September as weakness in market takes toll
13 filings made with Sebi until Sept; figure stood at 24 last year
 "IPO filings down 45% until September as weakness in market takes toll")
Stock prices of nearly half of the BSE500 firms back to pre-tax cut levels
Concerns about financial sector health weigh on investors' minds
 "Stock prices of nearly half of the BSE500 firms back to pre-tax cut levels")
India is a highly promising macro-restructuring case: Christian Gattiker
Christian Gattiker, in an interview with Puneet Wadhwa tells that he has a neutral view on the Indian equity market for now, given the rich valuation
 "India is a highly promising macro-restructuring case: Christian Gattiker")
Markets clock best day in 10 yrs after sharp slash in corporate tax rates
NSE, BSE indexes close up 5.32% each; 43 out of 50 stocks on Nifty 50 post gains
 "Markets clock best day in 10 yrs after sharp slash in corporate tax rates")
Nifty outlook and three trading ideas by Jay Anand Thakkar, Anand Rathi
Nifty is likely to inch towards 11,100 levels and till 10,900 and 10,850 levels are held, the overall bias remains positive, the analyst says.
 "Nifty outlook and three trading ideas by Jay Anand Thakkar, Anand Rathi")
Stocks to watch: IndiaMart InterMesh, MCX, OMCs, Future Group and Tata Comm
Here's a look at the top stocks that may remain in focus today.
India-dedicated funds pull out $653 million in July, shows EPFR data
Assets under management (AUM) of India-dedicated funds have slid by about a fifth in the past year
 "India-dedicated funds pull out $653 million in July, shows EPFR data")
Sebi to use data analytics, new technologies to address market challenges
Sebi has been taking strict action against erring entities, apart from steps to protect investors and ensure integrity of the market.
 "Sebi to use data analytics, new technologies to address market challenges")
PSBs recover from day's low as reports say govt may announce merger plan
Oriental Bank of Commerce, Central Bank of India, Syndicate Bank and Allahabad Bank were up in the range of 3 per cent to 6 per cent on the NSE.
 "PSBs recover from day's low as reports say govt may announce merger plan")
Stocks can't keep defying slowdown as govt steps fail to convince investors
Analysts say the government's booster dose might not be enough to spur demand in the near term, meaning India's economic woes will continue to weigh on shares and the rupee
 "Stocks can't keep defying slowdown as govt steps fail to convince investors")
Sensex rises 793 points on govt's stimulus package; Nifty ends above 11,000
Sensex posts best figures in 3 months; rupee weakens as FPIs keep pulling out
 "Sensex rises 793 points on govt's stimulus package; Nifty ends above 11,000")
Stocks to watch: Future Retail, DHFL, Lupin, 63 Moons Tech, Glenmark Pharma
Here's a look at the top stocks that may trade actively in today's trading session.
 "Stocks to watch: Future Retail, DHFL, Lupin, 63 Moons Tech, Glenmark Pharma")
324 stocks hit lower circuit on BSE; Reliance Capital tumbles 24% intra-day
"Delay in addressing concerns of FPIs regarding taxation and slowdown in the economy is seeing foreign selling continue with over $2.5 bn being the collateral damage since Budget," IIFL Securities.
 "324 stocks hit lower circuit on BSE; Reliance Capital tumbles 24% intra-day")
Correction fails to rein in expensive market valuation, say analysts
Analysts however believe looking at Nifty valuations could be misleading as several of its components trade far below their long-term averages
 "Correction fails to rein in expensive market valuation, say analysts")
Street signs: FIIs mount bets in F&O, fund managers' contra play, and more
Foreign institutional investors have gone a bit slow when it comes to selling in the cash segment
 "Street signs: FIIs mount bets in F&O, fund managers' contra play, and more")
From Khadim to S Chand & Co: 11 cos' market-cap slips below IPO issue size
There could be more pain in store for these stocks as analysts expect the markets to remain under pressure for some more time given the domestic and global developments
 "From Khadim to S Chand & Co: 11 cos' market-cap slips below IPO issue size")
MF investors look to cut losses, move to less-volatile alternatives
While investors are looking to trim their equity positions, fund managers feel this could be an opportune time for investors to build fresh positions
 "MF investors look to cut losses, move to less-volatile alternatives")
Downside protection is priority in this environment, says Mahesh Patil
The markets are in a downward spiral since the presentation of the Budget in July, with foreign portfolio investors (FPIs) on a selling spree. Mahesh Patil tells Puneet Wadhwa
 "Downside protection is priority in this environment, says Mahesh Patil")
SBI most hit as eight of top-10 firms lose Rs 90,000 cr in m-cap
In the top-10 list, only Tata Consultancy Services (TCS) and HUL saw gains in their market capitalisation (m-cap) for the week ended Friday
 "SBI most hit as eight of top-10 firms lose Rs 90,000 cr in m-cap")
