Market Wrap Podcast, Oct 28: Here's all that happened in the markets today
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Souring the sentiment was a fresh downgrade of Indian equities by another global brokerage. Morgan Stanley has become the latest foreign brokerage - after Nomura and UBS - to downgrade Indian equities
Cement shares trade firm; UltraTech, ACC, Ambuja Cements gain up to 2%
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The significant pick up in the infra activity backed by the NIP is likely to see healthy traction in terms of new project awards and execution medium term, which is expected to boost cement demand.
The Executive Centre to invest Rs 200 cr to expand India office space biz
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Nidhi Marwah, Group Managing Director- South Asia, TEC, said the company performed well during the last fiscal year despite the adverse impact of the COVID-19 pandemic on demand for office space.
Lotus Herbals acquires 32 pc stake in dermaceuticals maker Fixderma India
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Beauty and personal care products maker Lotus Herbals has bought a 32 per cent stake in Fixderma India, owners of dermaceuticals brands like Fixderma and FCL.
The company, however, did not disclose the financial details of the transaction.
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Tesla EV sales boom in Singapore, pushing rivals' models off the streets
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This week, Tesla surpassed $1 trillion in market value, overshadowing the combined value of five of its biggest rivals, Toyota Motor Corp, Volkswagen AG, Daimler AG, Ford Motor Co and General Motors.
Torrent Power surges 7%, nears record high on robust performance in Q2
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The company enjoys a strong balance sheet position with some of the best financial ratios amongst private players in the power sector with debt: equity ratio of 0.69 as at Q2FY22
IRCTC rallies 15% as scrip turns ex-stock split in 1:5
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IRCTC has fixed Friday, October 29, as the record date to ascertain the name of shareholders entitled to the split of equity shares of Rs 10 each into five equity shares at a face value of Rs 2 each
India's gold demand could jump in Q4 on festivals, pent-up purchases: WGC
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Demand for the precious metal usually spikes towards the end of the year in India, as buying gold for weddings and major festivals such as Diwali and Dussehra is considered auspicious.
Markets Today: Primary market buzzing with action. What to track?
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The action has shifted to the primary market now. The Nykaa IPO will open for subscription today. What factors are likely to keep traders and investors busy today?
WGC Regional CEO Somasundaram PR on why 2022 will be a good year for gold
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India demand for gold in Q2 FY22 jumped 47% YoY to 139.1 tonnes, compared with 94.6 tonnes in the year-ago period. How will the year 2022 prove for gold? Is it a good time to buy? Let's find out
Gold demand in India back to pre-Covid levels in September quarter: WGC
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Typically, July - September is a seasonally weak period for gold demand due to monsoons and inauspicious periods like Pitru-Paksha when buyers usually prefer to postpone gold purchases
Markets regulator Sebi relaxes eligibility criteria for SR shares
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Market participants are of the view that certain aspects of the current framework on SR shares are onerous, which delays such issuer companies from raising funds from capital markets
Paytm parent firm to price IPO at Rs 18,300 crore, reveals RHP
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Paytm's IPO will be the largest market debut in India yet. It increased its IPO issue size from the earlier Rs 16,600 crore due to increased investor demand
Gold loan securitisation volume stands at Rs 4,400 cr in H1 FY22: Report
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Gold loan securitisation volumes stood at around Rs 4,400 crore in the first half of the current fiscal, same as volumes seen in the year-ago period, Icra Ratings said in a report on Wednesday
