News for 'Capital and Securities Market'

Smallcap stocks slump as market seesaws in 2022

Smallcap stocks slump as market seesaws in 2022

Rediff.com28 Dec 2022

Small stocks of Dalal Street grappled with turbulent times in 2022 as high volatility and higher interest rate regime sapped investors' appetite for these scrips but the horizon ahead seems less cloudy for the New Year. While the 30-share Sensex scaled multiple record peaks with bluechips glittering, small stocks underperformed and the BSE smallcap index declined more than 3 per cent this year. In comparison, the BSE Sensex climbed 2,673.61 points or 4.58 per cent till December 27.

DLF gets interim relief from Sebi's capital market ban

DLF gets interim relief from Sebi's capital market ban

Rediff.com5 Nov 2014

The affidavit was filed following a direction from the tribunal last Thursday.

Want To Have Steady Income? SWP Can Help

Want To Have Steady Income? SWP Can Help

Rediff.com2 Sep 2024

Systematic Withdrawal Plan, or SWP, can help you achieve your financial goals. Ramalingam Kalirajan's step-by-step guide on how to effectively use an SWP.

Despite headwinds, MFs keep faith in Indian markets

Despite headwinds, MFs keep faith in Indian markets

Rediff.com14 Mar 2023

Domestic mutual funds (MFs) have kept their faith in the Indian stock market despite multiple headwinds all through 2022-23 (FY23), with their net flows into equities crossing the Rs 1.5-trillion mark for the second consecutive financial year. MFs pumped a net Rs 1.53 trillion into equities till March 1, 2023, the Securities and Exchange Board of India (Sebi) data shows, as compared to Rs 1.72 trillion in FY22. Since FY15, MFs have been net buyers of equities, except in FY21, when they sold a net Rs 1.21 trillion.

Earnings boost for Dr Reddy's Lab post consumer healthcare acquisition

Earnings boost for Dr Reddy's Lab post consumer healthcare acquisition

Rediff.com8 Jul 2024

Dr Reddy's Laboratories (DRL) is set to acquire Haleon's global portfolio of consumer healthcare brands in the nicotine replacement therapy (NRT) category outside of the US. DRL will pay a total consideration of 500 million, including an upfront cash consideration of 458 million and contingent cash payments up to 42 million based on performances in CY25 and CY26. DRL will acquire the portfolio through the purchase of shares of Northstar Switzerland SARL, a Haleon group firm.

'No Derating Due To Coalition Govt'

'No Derating Due To Coalition Govt'

Rediff.com27 Jun 2024

'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.'

Bajaj now third most valued finance group; overtakes SBI

Bajaj now third most valued finance group; overtakes SBI

Rediff.com30 Sep 2024

India's financial sector is dominated by large government-owned and private-sector banks.

With facial recognition CCTVs and anti-drone systems, R-Day security goes hi-tech

With facial recognition CCTVs and anti-drone systems, R-Day security goes hi-tech

Rediff.com14 Aug 2023

Delhi has been wrapped in a security blanket for Tuesday's 77th Independence Day celebrations, with more than 10,000 personnel manning the area in and around the Red Fort from where Prime Minister Narendra Modi will address the nation, the police said.

Terror group claims to plant 24 bombs across Assam

Terror group claims to plant 24 bombs across Assam

Rediff.com15 Aug 2024

A senior police officer said bomb disposal squads have been rushed to all the places mentioned by ULFA-I but there is no report of recovery of any bomb or explosive.

Allegro Capital barred from mkts for insider trading in Biocon shares

Allegro Capital barred from mkts for insider trading in Biocon shares

Rediff.com9 Jul 2021

Sebi has barred Allegro Capital and one of its senior executives from the securities market for one year in a case related to alleged insider trading activities in the shares of Biocon. Besides, the market watchdog has directed them to disgorge wrongful gains along with interest. The amount would be more than Rs 24 lakh. Allegro Capital and its director as well as major shareholder Kunal Ashok Kashyap have been fined Rs 10 lakh each, according to an order by Sebi dated July 8.

Urban Realtors Ride Redevelopment Bandwagon

Urban Realtors Ride Redevelopment Bandwagon

Rediff.com8 Oct 2024

15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.

'India Is A Stock Picker's Delight'

'India Is A Stock Picker's Delight'

Rediff.com9 Aug 2024

'In the short term you keep your return expectations very, very low; in the medium term be prepared to invest and in the long term growth will come and your returns from stocks will be high.'

Short-term margin overhang likely for Tata Communications

Short-term margin overhang likely for Tata Communications

Rediff.com24 Jun 2024

The management of Tata Communications presented its product-to-platform strategy and explained how it hopes to grow its new products and portfolios, and geographies. The management targets doubling of data revenue by FY27 to ~28,000 crore (implied 18 per cent annual revenue growth). The DPS (Digital Platform & Services) segment is likely to contribute over 60 per cent of data revenue.

Why You Should Diversify Your Portfolio

Why You Should Diversify Your Portfolio

Rediff.com28 May 2024

Build a portfolio diversified across market caps, investment styles, and geographies.

Cybersecurity norms for portfolio managers in place

Cybersecurity norms for portfolio managers in place

Rediff.com29 Mar 2023

Capital markets regulator Sebi on Wednesday came out with a cybersecurity framework for all portfolio managers having an asset base of at least Rs 3,000 crore. The new guidelines will come into force from October 1, 2023, the Securities and Exchange Board of India (Sebi) said in a circular. Under the framework, Sebi asked portfolio managers to report all cyber-attacks and breaches experienced by them within 6 hours of detecting such incidents.

LIC IPO to hit markets by March

LIC IPO to hit markets by March

Rediff.com13 Jan 2022

The government will launch the mega public offer of LIC by March and file draft papers with market regulator Sebi by the end of this month, an official said. Finance Minister Nirmala Sitharaman had last week reviewed the progress of the initial public offering (IPO) of Life Insurance Corporation (LIC) in a meeting with top officials of the ministry. The official said the September 2021 quarter financials of LIC are getting finalised as well as fund bifurcation is in progress.

Reliance's O2C jitters: A refining challenge that's crimping growth

Reliance's O2C jitters: A refining challenge that's crimping growth

Rediff.com29 Jul 2024

Weighed down by the oil-to-chemicals (O2C) business, Reliance Industries (RIL) results for the April-June quarter (Q1) of 2024-25 (FY25) missed Street estimates. A 14 per cent fall in the O2C segment's operating profit compared to the year-ago quarter and a 22 per cent sequential decline pulled down the consolidated performance. The O2C segment accounts for a third of the overall operating profit and about 60 per cent of the attributable consolidated profit.

Budget offers a 'mixed bag' for capital markets; tax sop for MFs

Budget offers a 'mixed bag' for capital markets; tax sop for MFs

Rediff.com29 Feb 2016

Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.

Primary market revival is still some time away, say analysts

Primary market revival is still some time away, say analysts

Rediff.com8 Sep 2022

It has been a slow 2022 thus far for the primary markets. In the last 8 months, only 16 companies have raised Rs 40,311 crore via the initial public offer (IPO) route, data from PRIME Database suggests. In comparison, 63 companies had raised a cumulative Rs 1.18 trillion via the IPO route in 2021. A large part of the funds raised in 2022 were on account of the two IPOs - Life Insurance Corporation of India (LIC) and logistics firm Delhivery - that raised a total of over Rs 26,000 crore between themselves.

Q4 margin show and recovery hopes drive gains in Campus Activewear

Q4 margin show and recovery hopes drive gains in Campus Activewear

Rediff.com26 Jun 2024

From its lows over the past month, the stock of footwear major Campus Activewear gained 13 per cent to Rs 280.4 a share. The gains came on the back of better than expected operating profit margins in Q4, reduction of debt and expectations of market share improvement. The company expects volume growth, which has thus far missed expectations, to recover going ahead on the back of multiple triggers.

Adani Group tries to calm market, says business plans fully-funded

Adani Group tries to calm market, says business plans fully-funded

Rediff.com13 Feb 2023

The embattled Adani Group on Monday attempted to calm the market as a rout in its shares continued, saying its growth plans are intact, business plans are fully funded and it remains confident of delivering returns to shareholders. Market value of the group's seven listed companies has halved since a January 24 report by US-based short-seller Hindenburg Research alleged that Adani pulled "the largest con in corporate history" using offshore tax havens and stock manipulation. The Group has denied all allegations, calling them "malicious", "baseless" and a "calculated attack on India".

Nearly 200 killed, 33 missing in floods, landslides in Nepal

Nearly 200 killed, 33 missing in floods, landslides in Nepal

Rediff.com30 Sep 2024

Hundreds of people are facing a shortage of food, safe drinking water and sanitation in Kathmandu following the natural disaster, according to eyewitnesses.

At $14 billion, venture capital fund exits soared 10x in 2021

At $14 billion, venture capital fund exits soared 10x in 2021

Rediff.com6 Apr 2022

Three marquee exits accounted for nearly 60 per cent of the total exit value -- BillDesk's acquisition by PayU for $4.7 billion, Paytm's $2.5 billion initial public offering (IPO), and Zomato's public market debut of $1.3 billion.

The Man Who Saw Tomorrow

The Man Who Saw Tomorrow

Rediff.com21 Oct 2024

Here stood a man who embodied the legacy of whatever Brand Tata stood for, embellished it, and departed into the long night, leaving the brand legacy for others to further enrich, notes R Gopalakrishnan.

Recovery in markets makes investors richer by Rs 3.20 lakh cr

Recovery in markets makes investors richer by Rs 3.20 lakh cr

Rediff.com1 Mar 2023

Investors' wealth climbed Rs 3.20 lakh crore as markets staged a smart comeback on Wednesday after falling in the last eight trading sessions. The BSE Sensex rallied 448.96 points or 0.76 per cent to settle at 59,411.08. During the day, it jumped 513.33 points or 0.87 per cent to 59,475.45.

Is This A Good Time To Buy Stocks?

Is This A Good Time To Buy Stocks?

Rediff.com16 May 2024

'Investors need to be stock specific and should not rush to buy stocks at the current levels.'

NSE halves lot size for Nifty 50 derivatives contracts

NSE halves lot size for Nifty 50 derivatives contracts

Rediff.com3 Apr 2024

The National Stock Exchange (NSE) on Tuesday said it has halved the lot size for trading derivatives contracts for the Nifty 50 index to 25 and also reduced the lot sizes of the Nifty Financial Services and Nifty Midcap indices as part of its periodic revision. "All contracts, i.e. weekly, monthly, quarterly, and half-yearly expires available for trading from the trade date of April 26, 2024, onwards will be with the revised market lot size," the NSE said, referring to applicability of the change for Nifty 50. The lot size in the derivatives segment refers to the fixed number of shares in a unit or group for which contracts are traded.

Delhi bookies give 340 seats to NDA, 200 to INDIA

Delhi bookies give 340 seats to NDA, 200 to INDIA

Rediff.com3 Jun 2024

In line with most of the exit poll predictions, bookies in Delhi feel the ruling Bharatiya Janata Party-led National Democratic Alliance (NDA) will get more than 340 seats in the Lok Sabha polls while the Indian National Developmental Inclusive Alliance (INDIA) may secure around 200 seats.

Nirmalaji Ko Gussa Kyon Aata Hai?

Nirmalaji Ko Gussa Kyon Aata Hai?

Rediff.com31 Jul 2024

'The conspiracy is to end India's entrepreneurship culture even before it fully blooms.' 'Negativity is being spread in society towards all those who do business, and this hatred for business and wealth creators is spilling everywhere.'

The Threats To India's Prosperity

The Threats To India's Prosperity

Rediff.com22 Jul 2024

Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.

Sebi bans JM Financial from acting as lead manager

Sebi bans JM Financial from acting as lead manager

Rediff.com7 Mar 2024

Capital markets regulator Sebi on Thursday barred JM Financial Ltd from taking new mandate for acting as a lead manager for any public issue of debt securities, for indulging in unfair trade practices. However, in case of existing mandates, JM Financial can continue to act as a lead manager for public issue of debt securities for a period of 60 days, Sebi said in its interim order.

Good times ahead for United Breweries as heatwave, IPL set the tone

Good times ahead for United Breweries as heatwave, IPL set the tone

Rediff.com26 Apr 2024

A cocktail of heatwave and upcoming cricketing events is expected to usher in the peak season for the country's largest beer maker, United Breweries. The beer maker, which has gained share in some key markets, will be a major beneficiary as April to July is an important period contributing to 40-45 per cent of its annual beer volumes. Going ahead, the T20 Cricket World Cup in June and the ongoing IPL will have a positive impact on volumes and should be able to offset the negative impact of elections on sales, experts believe.

Why did IndiGo share price fall 5% post Q1 2024-25 results?

Why did IndiGo share price fall 5% post Q1 2024-25 results?

Rediff.com31 Jul 2024

IndiGo share price today: IndiGo share price fell as much as 4.8 per cent to a low of Rs 4,275 per share on the BSE in Monday's intraday trade as investors booked profit in the stock post a its April-June quarter (Q1) results for financial year 2024-25 (FY25). The stock ended 1.36 per cent lower at Rs 4,430 as against a 23-points gain in the benchmark BSE Sensex. The selling also got exacerbated as the management commentary, post Q1FY25 results, highlighted that inflationary pressure could likely dent July-September (Q2FY25) performance.

Should You Invest In Gold ETFs?

Should You Invest In Gold ETFs?

Rediff.com16 Aug 2024

All investors should ideally have a 10 to 15 per cent allocation to gold. Whether they invest in gold ETFs or SGBs should depend on their investment horizon.

Markets end in red; Sensex down 391 points

Markets end in red; Sensex down 391 points

Rediff.com13 Oct 2022

Mixed earnings and not so encouraging macroeconomic data dented sentiment, Ajit Mishra, VP - Research, Religare Broking Ltd said. In twin blows to Indian economic revival, higher food prices drove retail inflation to a five-month high of 7.4 per cent, while factory output fell for the first time in 18 months. The second consecutive month of rise in consumer price index (CPI)-based inflation will add to the pressure on the Reserve Bank of India (RBI) to again raise interest rates to tame high prices. In the broader market, BSE Midcap declined 0.73 per cent while smallcap dropped 0.45 per cent.

Manipur: BJP's Formidable Internal Security Challenge

Manipur: BJP's Formidable Internal Security Challenge

Rediff.com12 Jun 2023

There are three things you never do in a small North East state: Undermine local leaders, divide and rule, push homogenisation, asserts Shekhar Gupta.

Siemens' strong July-September quarter results fail to cheer markets

Siemens' strong July-September quarter results fail to cheer markets

Rediff.com7 Dec 2023

Siemens reported solid results in the July-September quarter (fourth quarter, or Q4) of 2022-23 (FY23), with the top line growing 25 per cent year-on-year (Y-o-Y) to Rs 5,808 crore. The operating profit margin stood at 12.1 per cent, led by lower employee costs and other operating expenses. The company follows the October-September financial year.

FoFs May Be Perfect Fit for DIY Investors

FoFs May Be Perfect Fit for DIY Investors

Rediff.com9 Sep 2024

'By investing in a basket of funds, FoFs can help minimise the impact of underperforming funds, thus reducing overall investment risk.'

Fundraise via IPOs to hit Rs 1 trillion mark in FY25: Report

Fundraise via IPOs to hit Rs 1 trillion mark in FY25: Report

Rediff.com11 Apr 2024

Fundraising via the initial public offering (IPO) route by companies may touch Rs 1 trillion in financial year 2024-25 (FY25), according to a recent note by Pantomath Group - a mid-market investment bank. During the financial year 2023-24 (FY24), 76 companies tapped the markets through mainboard IPOs, Pantomath said, raising nearly Rs 62,862 crore. This is a 21 per cent rise compared to FY23, the note added.

Why You Should Avoid Switching SIPs

Why You Should Avoid Switching SIPs

Rediff.com19 Jun 2024

Long-term investors should never stop their SIPs during market corrections.