Markets & Investing News Update
arrow Commodity picks: 10 December, 2018
  Pepper prices are currently trading at Rs 39,116 per quintal in the Kochi market.
arrow Sebi's 'difficult to recover' tag for some defaulters will ease court cases
  A proposal in this regard is expected to be discussed by Sebi's board at its meeting this week
arrow State polls result, global cues to guide market; expect volatility: Experts
  Investors should stay cautious ahead of state elections' outcome, domestic and global macroeconomic data and crude oil price movement next week, say analysts
arrow PFC not to make open offer to REC's minority shareholders after acquisition
  Based on the market price of REC on Dec 6, the govt stake in the company would be valued at around Rs 105 bn
arrow Sebi to relax start-up listing norms following tepid market interest
  The relaxation in the norms follows tepid market interest to the existing platform and demands from various stakeholders to make the norms easier and the platform more accessible
arrow Six of top 10 companies lose Rs 549 bn in m-cap; RIL takes biggest hit
  The market valuation of RIL slumped by Rs 221.53 billion to Rs 7,183.17 billion while that of ITC plummeted Rs 148.77 billion to Rs 3,356.37 billion
arrow Sebi to expand OFS framework, relax select FPI norms at next week's meet
  Sebi is also considering changes in its regulatory framework for debenture trustees
arrow FPIs pull out nearly Rs 4 bn in 5 sessions on global cues after Huawei case
  This comes following a net inflow of over Rs 69 billion in the equity market by Foreign Portfolio Investors on easing crude oil prices and a strengthening rupee
arrow ICEX witnesses 590 tons of steel delivery in December contract
  Launched in August, the first steel long contract expired in November witnessed the delivery of a mere 30 tonnes
arrow Coal shortage taking a toll on captive power producers in Odisha
  Coal security of industries native to Odisha needs to be the priority for the state, SS Upadhyaya of Jindal Stainless
arrow Why Apple is no longer a byword for innovation? Here's what the markets say
  The beauty of markets is that they reflect the future opportunities of firms in an accurate way, after consolidating the opinion of millions of investors
arrow Analysis: As bitcoin trading shifts shape, big money stays away
  LONDON (Reuters) - Bitcoin's value has plunged by three-quarters this year, sending the original and biggest cryptocurrency back to levels not seen before its bubble. And price isn't the only aspect of trading that has changed.
arrow Bitcoin is passe, stablecoin is emerging as safer cryptocurrency option
  Unlike other cryptocurrencies, stablecoins aim to maintain their worth better by being redeemable for something else of tangible value
arrow Flows into equity mutual fund schemes fall 33%, liquid plans rebound
  Industry players attributed the fall in equity flows to a spike in market volatility
arrow Equity flows into mutual funds drops sharply, liquid schemes rebound
  Flows into equity mutual fund (MF) schemes declined 33 per cent and those into liquid- and money-market schemes rebounded 2.5 times in November.
arrow Sebi asks market infra entities to set up a cyber security operation centre
  Sebi said MIIs can choose from one of the four models to set up their cyber security operation centre
arrow Chart Reading: 75% of BSE500 stocks trading below 200-DMA
  Few stocks are yet to catch up 200-DMA, however, they are showing positive momentum on technical charts.
arrow No agreement on Opec oil output deal yet over exemptions for Iran: Report
  Opec failed to agree on concrete parameters for a deal to restrict output on Thursday
arrow US becomes net oil exporter for 1st time in 75 yrs; Opec's power diminishes
  The shale revolution has transformed oil wildcatters into billionaires and the US into the world's largest petroleum producer, surpassing Russia and Saudi Arabia
arrow Navkar Corporation hits record low; stock tanks 26% in two days
  The stock hit an all-time low of Rs 41.35, down 17% on Friday, falling 26% in past two trading days on BSE.
arrow Indian markets performed better than peers: Sebi chairman Ajay Tyagi
  The volatility in Indian equity market at 12%, in the period, is among the lowest compared to major developed and emerging markets
arrow Gold loan stocks in focus; Muthoot Fin, Manappuram Fin gain up to 15%
  Muthoot Finance surged 15% to Rs 478 on Friday, erasing its entire Thursday's 7% fall, Manappuram Finance rallied 7% to Rs 85 on BSE on back of heavy volumes.
arrow Coal India, SAIL, Oil India, BHEL, Reliance Capital hit 52-week lows
  Tata Motors, Balkrishna Ind, Deepak Fertilisers, HSIL, Jindal Stainless, Navkar Corp, Quess Corp, SPARC and Sundaram Clayton were among 20 stocks from the BSE500 index hitting 52-week lows today.
arrow Jet Airways climbs 3% on reports Etihad will guarantee loans worth $150 mn
  Shares of Jet Airways rose as much as 3.59 per cent in the early trade on BSE, after news reports suggested Etihad Airways of Abu Dhabi has offered to guarantee loans worth $150 million.
arrow PFC slips 5% following Cabinet nod on merger with REC
  The government has a total 58.3% stake in REC, the remainder of which is part of Bharat 22 ETF and CPSE ETF. The move will help the Centre meet its disinvestment target of Rs 800 billion for FY19
arrow HCL Tech to acquire select IBM software products for $1.8 bn; stock down 7%
  The stock dipped 7% to Rs 943 on BSE on Friday after the company said it will acquire select IBM software products for $1.8 billion (approximately Rs 127 billion) in an all-cash deal.
arrow Rupee recovers, opens 35 paise higher against US dollar
  Rating agency Fitch on Thursday said it expects the rupee to weaken to 75 against the US dollar by the middle of next year due to a widening CAD and tighter global financing conditions.
arrow HCL Tech, PFC & REC, CIL and agri commodity-linked stocks to watch out for
  Here's a look at the top stocks that may remain in focus today -
arrow MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome
  Among sectoral indices, the Nifty Bank index rose 1.5 per cent led by a rise in ICICI Bank and HDFC Bank. The Nifty Auto index, too, rose 0.9 per cent led by Bajaj Auto and Maruti Suzuki.
arrow Commodity outlook by Tradebulls Securities: Buy nickel, natural gas
  Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.
arrow Nifty outlook and top trading ideas by Prabhudas Lilladher for today
  Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
arrow Global markets tumble on Huawei CFO arrest; Sensex ends 1.6% lower
  Major global markets tumbled about 2% or more, while Brent crude prices fell over 4% to trade below $60 a barrel
arrow Bond yields soften, volumes jump after RBI signals more debt purchases
  The benchmark yield slid to a new eight-month low of 7.42% as against previous day's close of 7.44
arrow Uniparts India files draft IPO papers with markets regulator Sebi
  Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets will manage the company's public issue
arrow Today's picks: From Coal India to Maruti Suzuki, hot stocks to watch on Fri
  Nifty, Bank Nifty, Coal India, Maruti Suzuki