Page 31 - Markets

Sebi strengthens MF norms; winding up of schemes after unitholders' consent

Sebi has made it mandatory for trustees of mutual funds to obtain the consent of unitholders when majority of trustees decide to wind up a scheme.

Investors poorer by Rs 3 trillion; key reasons for today's market fall

The US Federal Reserve has indicated that they will begin hiking interest rates in the near future and that there will be multiple rate hikes this year.

Sensex slips 581 pts amid hawkish US Fed, F&O expiry; Nifty holds 17,100

Sectorally, the Nifty PSU Bank index jumped a massive 5 per cent on the NSE, while the Nifty Bank and Private Bank indices added about a per cent each

Maruti Suzuki surges 11% in 2 days post Q3 results; hits fresh 52-week high

Ebitda margins, which improved 250 bps QoQ at 6.7 per cent in Q3, was the real positive surprise with savings realised under all costs line items, analysts said

This agrochemicals stock has zoomed 58% in four trading days in weak market

Shares of Sharda Cropchem hit a new high of Rs 578.35 after they rallied 10 per cent on the BSE in Thursday's in intra-day trade

Vinay Rajani of HDFC Securities says 'buy' ICICI Bank, Gujarat Alkalies

According to Vinay Rajani, banking as a sector has been outperforming for a while and technical setup of bank index is much stronger than Nifty.

Stocks shed gains, Treasuries up as Fed signals rate hikes could come soon

In its latest policy update, the Fed signaled it is likely to raise U.S. interest rates in March

L&T Finance Holdings looks to hike retail share to 80% by FY26

To ramp up its capacity to face asset quality pressures, LTFH aims to increase provision coverage ratio to 60 per cent by FY26

Foreigners cash out of key Asian emerging markets before US Fed meet

Overseas funds have sold a net $3.1 billion worth of shares in Taiwan, South Korea, and India so far this week

Tech & small-cap funds stragglers in past week amid market sell-off

Investors should stick to flexi-cap, balanced advantage funds instead

Markets regulator Sebi turns its glare on insider trading, shows data

The share of such cases has been rising in the number of investigations by the regulator

Axis Bank's re-rating 'imminent' provided it manages one operational metric

On the back of this consistent beat on earnings, analysts believe Axis Bank's stock is set to re-rate. They see up to 53 per cent upside in the stock

BSE IPO index set for worst month since March 2020, shows data

The S&P BSE IPO Index, which tracks firms for two years after their listings, has plunged about 10 per cent so far this year

Indian equity market remains among the most expensive globally, shows data

Sensex P/E of 26.3x is nearly twice MSCI EM's P/E and 40% higher than Dow Jones

It's a healthy correction in Zomato stock; buy for long-term: Analysts

With Zomato planning to expand its business, its outlook appears to be constructive, say analysts

Sebi notifies stricter norms for appointment of MD at listed companies

Sebi has said that a person rejected by shareholders at a general meeting can be appointed or re-appointed as a managing director, only after providing detailed justifications

Sensex snaps 5-day losing run, ends 367 pts up; Nifty holds 17,250

Bargain buying in banking and auto counters amid better-than-expected Q3 results by Axis Bank and Maruti Suzuki pushed the index 367 points higher at 57,858 level at close

Policybazaar trades lower for sixth day; tanks 51% from 52-week high

The stock was trading at its new low, having fallen 29 per cent in the past six days. With this, the stock is now 26 per cent lower as against its issue price of Rs 980 apiece.

Deepak Nitrite dips 9% on margins disappointment in December quarter

In Q3FY22, its PAT was up 12 per cent at Rs 242 crore, on stable operational performance, partly bolstered by sharp reduction in finance costs owing to repayment of high-cost debt.

ICICI Bank may become 'super banktech'; analysts see 37% upside post Q3 nos

Analysts have upped their one-year target price for ICICI Bank due to its consistent delivery over the last few years, which, they say, reflects an 'impressive turnaround'