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.
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."
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.
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.
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.
Share Market, Stock Market Highlights: Everything that happened in equity, commodity and money markets.
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.
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.
Share/Stock Market, Equity Market, Rupee Highlights: All that happened in equity, commodity and money markets.
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.
Share/Stock Market, Equity Market, Rupee Highlights: Everything that equity, commodity and money markets here.
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.
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.
Share/Stock Market, Equity Market, Rupee Highlights: everything which happened in equity, commodities and money markets.
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.
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).
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.
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.
Share Market, Stock Market Highlights: All that happened in the equity, commodity and money markets.
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.