Markets Insider News

Market value of investments made by state-owned Life Insurance Corporation of India (LIC) in seven companies of the Adani group has swelled to ₹44,67...

The Supreme Court appointed committee headed by Justice AM Sapre has advised Sebi to accept its own laws and comply with them. The committee has found that different members of the regulator adjudicate differently on the same matter, and has called for better judicial discipline by the markets regulator. The divergence between the six-member Supreme Court appointed committee led by Justice Sapre and Sebi is very apparent in its May 8 report.

Despite market volatility and uncertain macro conditions, some mid-cap and public-sector companies have turned out to be multibaggers in the last one year. Apar Industries, a manufacturer of conductors, cables, specialty oils, polymers, and lubricants, leads the list with four times returns to investors. Meanwhile, Rail Vikas Nigam, and Fertilisers and Chemicals Travancore, saw their shares rise 286% and 166%, respectively, over the period. Other companies that made it to the favourite list of investors are Mahindra CIE and UCO Bank.

In May, foreign portfolio investors (FPI) bought equity for Rs 18,617 crore.

Dr Reddy's Laboratories, one of India's major pharma companies, saw its stock fall almost 7% in trading on Thursday as earnings fell short of estimates. Despite planning to launch more molecules in the 2023-24 financial year, analysts have questioned the company's performance in the US, which is one of its major markets and where some drug sales have slowed. The company's margins are also predicted to come under pressure after it invested in biosimilars. The firm's Q4 domestic sales grew 9.6% YoY and it generated record sales and profits, driven by its performance in US generics sales.

The US Fed's interest rate decision, quarterly earnings and domestic macroeconomic data will influence trading in the equity...

Aditya Birla Sun Life Mutual Fund CEO, Balasubramanian, believes that investors should be bullish on gold and silver as they are currently under ownership and a possible recession is likely. Despite earnings volatility in FY24 due to the global interest rate scenario, domestic-driven sectors will fare better. Although ETFs might be performing better than most actively managed large cap funds, investors should look at passive investing as an additional investment avenue and not at the cost of large cap funds. Balasubramanian expects good returns to be generated over the next three years.

Domestic equity benchmark indices began the trade on a positive note on Tuesday helped by firm global market trends and continuous foreign fund inflo...

Domestic equity investors are likely to keep a close watch on global cues, especially the fallout of the US-based Silicon Va...

Going beyond the Nifty50, a lot of mid and smallcap stocks are available at a discount as compared to large caps, says an ICICI Securities report. The analysts say that midcaps are valued at a discount over large caps offering ‘margin of safety’. Small and micro caps have a relatively higher ‘margin of safety’, the report says.

Aditya Birla Sun Life AMC on Tuesday said it has collected ₹1,574 crore through its newly launched multi-asset allocation fund. The new open-ended sc...

The equity ownership of domestic investors, including institutions and high networth individuals, touched an all-time high o...

New Delhi, Capital markets regulator Sebi has amended rules which require vault managers and custodians to seek the watchdog...

Eight of the 10 most valued firms together added Rs 1,35,794.06 crore in market valuation last week, with State Bank of Indi...

Shares of IRCTC fell more than 5 per cent in morning trade on the BSE on Thursday as the sale of the government's up to 5 pe...

The IPO of Nashik-based winemaker has been subscribed 0.59 times on the second day of the subscription process. Sula Vineyards plans to raise 960 crore through a complete offer for sale by promoters and shareholders. The company will not receive any funds from the IPO. The price band of the IPO is 340-357 per share. Shares of the company are commanding a premium of 30 in the grey market.

Nashik-based Sula Vineyards, the leader in India’s wine segment, is providing an offer for sale for institutional investors. Here are 10 things you n...

Here are the top ten fastest wealth creators in India according to Motilal Oswal’s Annual Wealth Creation Study....

Foreign investors have upgraded India as a dedicated allocation in their investment portfolios given the strong economy, sta...

Indian benchmark indices Nifty50 and Sensex ended the day in red as traders waited anxiously for the US Fed rate outcome. On Wednesday, Sensex ended 215 points down at 60,906 while Nifty50 closed 62 points lower at 18,082. Analysts said traders preferred to book some profits in select counters to avoid being caught off guard ahead of the FOMC outcome.

Sebi on Friday decided to tighten IPO disclosure norms, bring mutual fund transactions under insider trading ...

"Domestic indices wavered tracking mixed sentiments from the global markets as investors assessed the possibility of a recession in the US followed by the US Fed policy tightening," said Vinod Nair, Head of Research at Geojit Financial Services.