Stock Market Highlights, Aug 14: Benchmarks end up; IT shines, Metals slip

Stock market highlights on Wednesday, August 14: 26 out of 50 constituents of the Nifty50 index ended lower, dragged down by Divi's Labs, Hero MotoCorp, and Coal India

SI Reporter New Delhi

BSE, NSE, Indian share market, Stock market

(Photo: Bloomberg)

9:04 AM

Silver prices remain vulnerable amidst weakness in industrial commodities

Silver price outlook by Sharekhan: Silver continues to lag gold as investors are concerned about the global economy, especially the Chinese and the US economies. READ MORE

8:58 AM

Gold strategy: Yellow metal mildly lower; analysts advise buying the dips

Gold prices today: Spot gold was trading with a slight loss of 0.19 per cent at $2,468 at the time of the MCX Closing. Weakness could be attributed to weakness in outside markets as most of the commodities fell despite largely softer than expected US PPI data (July). The yellow metal traded in a relatively narrow range of around 1 per cent. READ MORE

8:53 AM

India just shy of top-weight China in the MSCI EM index after rejig

The Indian equity markets will soon account for over a fifth of a key emerging market (EM) benchmark tracked by funds with assets exceeding $500 billion. This development is expected to funnel as much as $3 billion into the domestic markets. READ MORE

MSCI rebalancing could see addition of three Indian stocks, two deletions

8:47 AM

Red-hot growth projections point to cooler outlook for Voltas stock

Voltas saw strong growth in both UCP (Unitary Cooling product) and EMPS (electro mechanical projects) segments. It reported a profit in EMPS versus expectations of loss. READ MORE

Notably, the company has also gained share in the inverter AC segment which aided segment margins

8:42 AM

Mauritius FSC denies allegations against Sebi chief over offshore funds

The Mauritian fund was run by an Adani director and its ultimate parent was the vehicle used by two Adani associates to round-trip funds and inflate stock prices. READ MORE

Madhabi Puri Buch, Chairperson, Securities and Exchange Board of India (SEBI) at the “Indian Capital Markets Transformative Shifts Achieved through Technology and Reforms” Photo: Kamlesh Pednekar

8:37 AM

3 entities settle insider trading charges with Sebi in PNB Housing case

Three individuals on Tuesday settled with capital markets regulator Sebi a case pertaining to alleged violation of insider trading rules in the scrip of PNB Housing Finance Ltd after paying Rs 1.56 crore collectively. READ MORE

8:32 AM

ALERT:: FIIs net sold stocks worth Rs 2,100 cr on Tuesday

Meanwhile, data shows that DIIs were net buyers of shares to the tune of Rs 1,240 crore on August 13.

8:27 AM

Ather's $450 mn IPO: The next big spark in India's electric revolution

The move to go for an IPO is well timed as it comes on the heels of a successful debut in the stock market by its start up rival Ola Electric just few days ago when it raised Rs 5500 crore. READ MORE