Page 3 - Indian Market

DSP MF cautions investors against lumpsum investment in infra fund

Says the valuations can lead to volatility, despite robust long-term outlook

Time Technoplast gets nod to make Type-IV composite cylinders; stock up 13%

The uptick in share price came after the company secured final nod for manufacturing of Type-IV composite cylinders for Hydrogen issued by the Government authority

Meril launches indigenously developed knee-replacement robotic system

The company claimed that at Rs 2 crore, MISSO is priced around 66 per cent lower than the available robotic knee replacement systems in the Indian market

Buy & Sell: Top three picks by Anand Rathi for June 20; check levels here

After a period of consolidation within the approximate range of Rs 1,740-1680, Radico Khaitanhas successfully broken out and is sustaining above this range, indicating a strong upward movement

WeWork gets CCI nod to sell stake in local unit, exit Indian market

Deal value not revealed; regulator expected to release detailed order is likely later

IRB Infrastructure share price soars 4% on robust May toll collection

The uptick in share price came on the back of strong toll revenue collection in May 2024

Sebi seeks firms make additional disclosures to fast track public offers

The regulator has sought 31 additional disclosures, the most significant of which are information about conflict of interest with management, directors, large shareholders and subsidiaries

Exit Polls: Here's your portfolio strategy as Sensex, Nifty scale new highs

The benchmark Sensex hit a new all-time high of 76,738.89, while the Nifty50 surpassed the 23,300-mark to reach 23,338.70

Stock markets to cheer likely third term for PM Modi, hope for reforms

If the projections are accurate, investors will likely focus on expected policy continuity and a push for economic reforms

Buy & sell ideas for June 03 from Anand Rathi: NHPC, SJVN, Campus

After peaking near the Rs 153 mark on May 22, 2024, SJVN experienced a significant downturn, with a decline of approximately 22 points, equating to roughly 14-15 per cent

Indian bonds underpricing global index move, says ICICI Prudential AMC

India will be included in JPMorgan Chase & Co.'s key emerging market bond index as of next month

Bajaj Finserv MF adds to variety in multi-asset allocation category

Takes the dividend yield route to differentiate in the emerging hybrid category

Class-action suits come to the rescue of investors in Indian mkts, finally

It's only now that the tool is finally being put to use. Two separate challenges are being heard by India's company law tribunal

M&M, Berger Paints, Mankind Pharma among six stocks to monitor on May 16

At 6:40 AM, GIFT Nifty futures were up by 90 points, trading at 22,377.50 levels compared to Nifty50 futures, indicating a gap-up opening for the stock exchanges

Stock Market Highlights, May 8: Benchmarks end flat after choppy session; Mid, SmallCap indices rise

Stock Market Highlights on May 8: The S&P BSE Sensex, after gyrating 611 points intraday, ended at 73,466, down 45 points. The Nifty, on the other hand, settled unchanged at 22,303

Sebi comes out with strict rules to tackle misconduct by employees

Capital markets regulator Sebi has put in place stricter norms to tackle any misconduct and corrupt practices by its employees. Amending rules governing its employees' services, the markets regulator said that a competent authority can "direct recovery from an employee of the amount of pecuniary loss caused to the Board (Sebi) by all means available to the Board under the law". This amount could be recovered from the pay and other amounts due to the staffers. This step can be taken if an employee is allegedly acted for an improper purpose or in a corrupt manner or exercised his/her powers with corrupt motive. In its notification dated May 6, Sebi said that the new framework would be also applicable to those employees who have resigned or retired from the services or have completed the tenure of deputation. The new rules have been made applicable from the same date. It, further, said, the gratuity payable to an employee may be withheld either in full or part, during the pendency of

Multicap mutual funds gain currency as investors seek diversification

Schemes see highest flows in three years at Rs 2,400 crore in February

Stone Sapphire India to invest Rs 1,000 cr in homewares plant in Baroda

Toys and stationery manufacturer Stone Sapphire India will invest Rs 1,000 crore to set up a manufacturing facility for homewares like glassware, sippers, dinnerware etc, in Baroda.. Talking with PTI, Stone Sapphire India Pvt. Ltd. (SSPL) Chairman Vick Rana said that homeware products available in India are either for the lower class or very high-end for the elite and leave a huge vacuum for middle-class consumers. "Our work on new plant and capacity expansion has already begun in Baroda which is focused on the homeware segment. We are investing Rs.1000 crore on this expansion," Rana said. The Baroda plant will manufacture small kitchen appliances, metal cookware, and drinkware. This will help increase not just the production capacity for the Indian market but also increase exports by at least 50 per cent, thereby making products in India for the world, he stated.. Rana further said this expansion will help the company increase its turnover to Rs 1,000 crore by 2025-26 from Rs 250

Near-term upsides priced into stocks of oil marketing companies

Overall, IOCL and BPCL reported a net profit of Rs 8,063 crore and Rs 3,397 crore respectively, well ahead of Q3FY23 PAT of Rs 448 crore and Rs 1,960 crore

Sebi ups scrutiny of issue documents amid a rise in IPO in market: Reports

"The regulator has returned at least six public offer documents, as Sebi observed companies are misleading in their reasons for fundraise," said the first of the four people cited above