Page 39 - Markets

ICICI Prudential AMC launches industry's first auto ETF

The open-ended ETF will track the Nifty auto index and will also more or less reflect the behaviour and performance of the automobile segment

SBI Mutual Fund launches CPSE Bond Plus SDL index fund

The scheme seeks to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error

Global stocks higher after Wall Street ends 2021 with big gain

Global stock markets and US futures were mostly higher Monday on 2022's first trading day after Wall Street ended last year with a double-digit gain. Frankfurt and Paris opened higher while Seoul and India advanced. Hong Kong retreated. Markets in Britain, China, Japan and Australia were closed. Wall Street's benchmark S&P 500 index slipped Friday amid lingering worries about the coronavirus's omicron variant but ended 2021 with an annual gain of 26.9 per cent It remains to be seen to what extent the optimism of the New Year will be reflected in financial markets, said Venkateswaran Levanya of Mizuho Bank in a report. In early trading, Frankfurt's DAX gained 0.8 per cent to 16,010.77 and the CAC 40 in Paris added 0.9 per cent to 7,213.57. On Wall Street, futures for the S&P 500 and the Dow Jones Industrial Average were 0.4 per cent higher. On Friday, the S&P 500 slipped 0.3 per cent and the Dow slid 0.2 per cent. The Nasdaq fell 0.6 per cent. In Asian trading, Hong Kong's .

New year cheer for indices! Sensex above 59K, up 929 pts; Nifty atop 17,600

The gains came even as India's manufacturing activity lost some momentum in December, with the Manufacturing PMI easing to a three-month low of 55.5

TCS gains 4% in three days, hits 13-week high; stock nears record high

In the past three months, TCS (up 2.5 per cent) has underperformed its peers Infosys (up 14 per cent), Wipro (13 per cent) and Tech Mahindra (30 per cent) by a wide margin.

Surya Roshni slips 18% on heavy volumes; APL Apollo down 7% as Q3 sales dip

APL Apollo said Q3FY22 sales volume of 402,729 tons declined QoQ due to channel de-stocking in anticipation of steel price correction and extended monsoons, which impacted the construction activity.

Broad-based mkt rally unlikely in 2022 amid multiple headwinds: Brokerages

They advise investors to focus on quality companies as they list their favourite picks

IPO craze to continue in Q4; 23 cos line up public issues worth Rs 44k cr

The primary market will see frenetic activity in the March 2022 quarter with nearly two dozen companies are looking to collectively raise nearly Rs 44,000 crore through initial share-sale

Sebi restructures its advisory committee on market data

Sebi has restructured its advisory committee on market data that recommends policy measures pertaining to areas like securities market data access and privacy. Rejigging its market data advisory committee, Sebi has said the panel will now be chaired by S Sahoo, Professor at National Law University, Delhi and former chairperson, Insolvency and Bankruptcy Board of India (IBBI), as per the latest information with the regulator. The 20-member committee was earlier headed by Madhabi Puri Buch, ex-whole time member of Sebi. Apart from Sahoo, the panel has CEOs of stock exchanges and depositories, representatives of various stakeholders and senior officials of Sebi as members. Members of the committee include Ashlesh Gosain, Regional Head South Asia, Bloomberg LP, Mumbai; Reena Garg Scientist F & Head (Electronic & Information Technology Department) at BIS; Kiran Shetty, CEO and Regional Head - India & South Asia at SWIFT India; Ganesh Ramakishnan Professor, Department of ...

Sebi slaps fine of Rs 1.1 cr on 22 entities in illiquid stock options case

The Securities and Exchange Board of India (Sebi) observed large scale reversal of trades in stock options segment of BSE

Equities in 2021: Investors turn wealthier by Rs 78 trn amid Covid shocks

The Sensex soared past the momentous 50,000 and 62,000 levels this year as it sustained the momentum after the pandemic-triggered crash in March 2020

Sensex gains 460pts to end record-breaking year with a bang; up 22% in 2021

The Nifty gained 150 points, and was up 24.1 per cent for the year; Textile shares logged smart gains today after the GST Council deferred rate hike; Debutant CMS Info Systems witnessed a late rally

Nandish Shah recommends a Bull spread on Glenmark Pharma for January series

Pharma as a sector looking good on the short term chart, according to Nandish Shah of HDFC Securities.

TMS Ep76: Newsmakers of 2021, markets in 2022, tech buzzwords

Who are the four newsmakers of 2021? Sensex at 70,000, Nifty at 21,000 in 2022 - is it possible? What were the tech buzzwords of the year 2021? Find all answers here

Weak rural demand dents several large-cap stocks in 2021

Market participants believe large-cap stocks are safe as they have low risks associated with them and they usually give steady returns in the long-run

NSE sees 100th firm migration from SME patform to main-board

The exchange's SME Platform -- EMERGE -- was launched in 2012 and has been providing a viable and sustainable option for SMEs to raise funds from the capital markets

Sensex, Nifty end flat; NTPC, IT shares shine; Reliance, Tata Steel slip

The broader indices ended on a mixed note; among sectors, the IT index was up a per cent, while the energy, oil & gas and metal indices declined over a per cent each

FIIs inflows to gain traction on economic recovery; tapering a roadblock

Lately, US Fed's tapering measures, high valuations and volatile global environment drove away foreign investors from the equity market

IPO Rush: Offerings to see healthy response in 2022; pricing key concern

Initial public offerings in 2022 might include LIC and NSE

Best of BS Opinion: Limits of progress, primary market stability & more

Here is the best of Business Standard's opinion pieces for Thursday