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Friday, January 17, 2020

Companies raise $0.34 bn via 12 IPOs in Q4 2019; budget to set positive tone: EY

January 16, 2020 6:28:14 pm

In the main market, there were four IPOs in Q4 2019 against two and six in Q4 2018 and Q3 2019, respectively, EY said in its report.

BNP Paribas ‘overweight’ on Indian equities, projects 9% growth for Sensex in 2020

January 16, 2020 6:11:24 pm

Stating that the house is "overweight" on India, BNP Paribas' head of India equity research Abhiram Eleswarapu said, "market is not about the economy, but only about the top 50 companies."

Amfi pitches for debt-linked saving schemes with tax benefits in Budget proposal

January 16, 2020 5:55:33 pm

In its Budget proposals to the Finance Ministry, the industry body has also demanded that the government recognise mutual funds (MFs) as specified long-term assets, qualifying for Long-Term Capital Gains (LTCG), as well as bring ULIPs of life insurance companies and equity MF schemes on par.

Sebi floats fresh consultation paper proposing split of investment advisor and distributor roles

January 16, 2020 5:37:58 pm

Besides, the regulator has suggested that Investment Advisers (IA) should not come out with any investment advice suggesting assured returns to clients in the investment advisory document.

This $453 billion bond manager is shifting bets from India to China

January 16, 2020 4:01:15 pm

The $453 billion investor, an affiliate of Legg Mason Inc., is diverting some of its funds into longer-dated Malaysian and Chinese debt, according to Desmond Soon, head of investment management for Asia ex-Japan.

Market Highlights: Sensex rises 60 points lead by RIL, Kotak Mahindra Bank, HUL, Nestle

January 16, 2020 5:43:10 pm

Share Market, Stock Market Highlights: Everything that happened in equity, commodity and money markets.

Wipro shares crash over 4% as Q3 net profit dips 2.17% YoY

January 15, 2020 11:58:47 am

On Tuesday, Wipro reported a net profit of Rs 24,559 million (Rs 2,455.9 crore) for the quarter ended December 31, 2019, down 2.17 per cent from Rs 25,104 million (Rs 2,510.4 crore) during the corresponding period year ago.

Sensex drops nearly 200 points; Nifty tests 12,300

January 15, 2020 10:06:43 am

The 30-share BSE index was trading 190.81 points or 0.45 per cent lower at 41,761.82. Similarly, the broader NSE Nifty fell 53.15 points or 0.43 per cent to 12,309.15.

Market Highlights: Indices snap out of record run, Sensex slips 80 points as bank stocks dip

January 15, 2020 5:17:51 pm

Share/Stock Market, Equity Market, Rupee Highlights: All that happened in equity, commodity and money markets.

Sensex, Nifty off to choppy start amid weak macro data; Rupee rises 8 paise

January 14, 2020 10:19:23 am

HDFC twins, ICICI Bank, HUL, L&T, Ultratech Cement and ONGC were the among the top losers in the Sensex pack, shedding up to 0.63 per cent.

Market Highlights: Sensex, Nifty settle at record highs; FMCG, IT, autos gain

January 14, 2020 5:34:19 pm

Share/Stock Market, Equity Market, Rupee Highlights: Everything that equity, commodity and money markets here.

Infosys, Infosys Q3 results, Infosys Q3 net quarter, Business news, Indian Express

Infosys shares climb nearly 5% as company’s Q3 net profit climbs 23.7%

January 13, 2020 4:32:26 pm

Infosys Share Price Today: This apart, Infosys said that its audit committee did not find any evidence of financial impropriety or executive misconduct by the company in its independent investigation into allegations contained in the anonymous whistleblower complaints that the company disclosed on October 21, 2019, and determined that the allegations were substantially without merit.

Sensex, Nifty hit record highs; Infosys rallies 4 per cent

January 13, 2020 10:26:05 am

Infosys was the top gainer, rising over 3 per cent, after the IT services major Infosys on Friday reported a 23.7 per cent rise in consolidated net profit at Rs 4,466 crore for the December quarter.

Market Highlights: Sensex, Nifty settle at record highs; Infosys gains nearly 5%

January 14, 2020 10:46:45 am

Share/Stock Market, Equity Market, Rupee Highlights: everything which happened in equity, commodities and money markets.

Markets remain upbeat as Mideast tensions recede; earnings in focus

January 10, 2020 5:39:07 pm

During the week, the Sensex advanced 135.11 points or 0.32 per cent, while the Nifty rose 30.15 points or 0.24 per cent.

Sensex up 250 points, Nifty near 12,300; IT, banks, pharma stocks gain

January 10, 2020 1:29:19 pm

At 1:09 pm, the S&P BSE Sensex was trading 251.54 points (0.61 per cent) higher at 41,703.89, while the Nifty 50 was at 12,283.55, up 67.65 points (0.55 per cent).

Cooling of US-Iran tensions pushes Sensex up 600 points

January 10, 2020 3:00:15 am

The BSE Sensex opened on a strong note and maintained its momentum throughout the day, finally closing at 41,452.35, up 634.61 points, or 1.55 per cent.

Sensex rallies over 500 points, Nifty reclaims 12,100; Rupee gains 22 paise

January 9, 2020 10:29:26 am

The Indian rupee advanced 22 paise to 71.48 per US dollar in opening trade on Thursday as global markets stabilised after the US and Iran toned down their war rhetoric.

Market Highlights: Sensex rallies 635 points as US-Iran tensions ease

January 9, 2020 5:38:51 pm

Share Market, Stock Market Highlights: All that happened in the equity, commodity and money markets.

Yes Bank shares rise nearly 5 per cent on fundraising plan

January 8, 2020 11:28:24 am

The stock of the private sector lender rose by 4.77 per cent to Rs 47.25 apiece on the BSE and to Rs 47.20 on NSE.