Indices extend rally; Nifty above 10,500 mark

India Infoline News Service May-24-2018

Benchmark equity indices extended gains in afternoon trade led by technology and pharma stocks.

Govt considers windfall tax on oil producers; ONGC drops 5%

India Infoline News Service May-24-2018

The tax may come in form of a cess, will kick in the moment oil prices cross $70/bbl.

NSE NOW software system shuts down due to technical problem

India Infoline News Service May-24-2018

The software has shut down for brokers and sub-brokers.

Stocks struggle as trade worries linger; Yen jumps

India Infoline News Service May-24-2018

The yield on 10-year Treasuries stabilized around 3%, while the euro gained.

NCC stock surges 9% after PAT rises in Q4FY18

India Infoline News Service May-24-2018

Its total income was up 11% of Rs2,419cr during the period ended March 31, 2018 as compared to Rs2,186.5cr during the period ended March 31, 2017.

Avenue Supermarts stock rises after block deal

India Infoline News Service May-24-2018

Around 43 lakh shares or 3.4% equity changed hands in a block deal.

Top mutual funds for FY19

others May-19-2018

The equity market has been volatile so far in April-May 2018 due to rising crude oil prices and bond yields, uncovering of governance issues in banks and the possibility of four rate hikes in 2018 in the US. Therefore, investors should use the current volatility as an opportunity to create wealth in long-term.

Top stocks bought and sold by mutual funds in April 2018

India Infoline News Service May-15-2018

Mutual funds received record-breaking inflows of Rs6,690cr into the mutual fund industry via SIP in April 2018. During FY18, the mutual funds received Rs67,190cr of inflows in mutual funds via SIPs compared to Rs43,921cr during FY17.

Best Mutual Funds for SIP

India Infoline News Service May-12-2018

SIP is a way to invest a fixed amount regularly in mutual fund schemes.

Now invest in SBI Small & Midcap Fund upto Rs25,000 per month via SIP mode

India Infoline News Service May-08-2018

The fund primarily invested in Small and Midcap equity and equity related securities of the companies in the small and midcap segment. The fund has mandate to invest in maximum of 30 stocks.

DSP to buy out Blackrock's stake in DSP Blackrock Investment Managers

India Infoline News Service May-08-2018

After the buyout, the fund house will be named as DSP Mutual Fund subject to regulatory approvals.

Changes in scheme attributes of IDFC MF

India Infoline News Service May-07-2018

The main purpose of the circular is to standardize the scheme categories and characteristics of each category. The circular has suggested 36 sub-categories in total within main categories such as equity schemes, debt schemes, hybrid schemes, solution-oriented schemes and other schemes.

Fed Officials signal June hike and caution on inflation progress

India Infoline News Service May-24-2018

Inflation rose at the committees targeted pace of a 2% annual rate in March, yet officials were cautious on whether that was sustainable given that prices had been mostly below that goal for the past six years.

Japan leads Asian stocks lower; Yen jumps on trade

India Infoline News Service May-24-2018

Automakers were the biggest drag on the Topix index, as the yen reached the sessions high after President Donald Trump ordered consideration of a probe into automobile imports.

Stocks retreat globally as dollar gains with bonds

India Infoline News Service May-23-2018

Data cast doubts on growth prospects for the Euro area, while political tensions increased in North Korea, Italy, and the US Ten-year Treasury yields briefly dipped below 3%.

Trump says US-China trade deal may be too hard to achieve

India Infoline News Service May-23-2018

The President of the world's largest economy has said the US may need to change the direction of talks to get a final agreement.

Stocks fall, bonds gain as risks mount; Euro drops

India Infoline News Service May-23-2018

Treasuries advanced with the dollar, while oil dropped with most commodities.

Asian stocks slide, Yen advances as risks pile up

India Infoline News Service May-23-2018

Japans currency rose the most in almost two weeks at one point as traders sought a haven, and the Topix Index of Japanese stocks is down almost 1%.

DLF shares land monetisation, expansion plans; to be debt free by Mar 2019

India Infoline News Service Apr-18-2018

India's largest property developer, DLF Ltd, said that it will share details of plans to develop its land parcels, as it tries to dispel investor concerns over the slow pace of monetization of assets, Bloomberg reported.

Jaypee Infratechs lender unhappy with bids received; Seeks higher bids

India Infoline News Service Apr-17-2018

India Infrastructure Finance Company Ltd (IIFC), the second largest lender to Jaypee Infratech Ltd (Jaypee), is unhappy with the bids received for the company and has conveyed the same to IDBI, the biggest lender to Jaypee, media reports suggested.

Brent Crude Oil prices top $70; Oil refiners, Aviation, others feel the pinch

India Infoline News Service Apr-11-2018

Sectors like oil refiners, aviation, tyres, paints may have to bear the burden of rising crude prices as crude and crude derivatives are essential raw materials for companies within this sectors.

Smartlink board to consider buyback of shares; Shares locked in upper circuit

India Infoline News Service Apr-05-2018

Smartlink Network Systems Ltd, a Goa based IT networking products company, was locked in upper circuit on the stock exchanges today after it announced that it will consider buyback of shares in a meeting to be held on Apr 7, 2018.

Kansai Nerolac to acquire 100% stake in Marpol Pvt Ltd in an all-cash deal

India Infoline News Service Apr-05-2018

Kansai Nerolac Paints Ltd (KNPL), Indias third largest listed paints company, in a statement to the stock exchanges said that it will acquire 100% stake in Marpol Pvt Ltd (Marpol).

Zee Learn is in talks with MT Educare to buy a controlling stake

India Infoline News Service Dec-04-2017

Zee initially plans to buy the entire promoter share of 42.78%

Rupee slips to fresh 17-month low against US dollar on FII outflows, rising crude oil prices

India Infoline News Service May-23-2018

The Indian rupee fell to a fresh 17-month low against the US dollar pressurized by higher foreign capital outflows, amid higher crude oil prices. The rupee was trading at 68.39, down by 35 paise against the US dollar.

Cabinet approves National Biofuel Policy

India Infoline News Service May-17-2018

The policy encourages setting up of supply chain mechanisms for biodiesel production from non-edible oil seeds, used cooking oil, short gestation crops.

April WPI inflation rises to 3.18%; Hits 4-month high

India Infoline News Service May-14-2018

The rate of inflation based on WPI Food Index consisting of Food Articles from Primary Articles group and Food Product from Manufactured Products group increased from (-)0.07% in March 2018 to 0.67% in April 2018.

India to grow at 7.4% in FY19: IMF report

India Infoline News Service May-09-2018

It has also warned of risks and challenges ahead, including a tightening of global financial conditions and a shift toward inward-looking policies.

Rupee slumps to 1-yr low against the dollar; Breaches crucial Rs67/$1 level

India Infoline News Service May-07-2018

The Indian rupee slid sharply against the US dollar to breach the crucial level of Rs67/$1, its lowest level since February 2017. Broad based strengthening of the dollar and rise in crude oil prices dragged down the rupee.

India Services PMI up for 2nd straight month in April

India Infoline News Service May-04-2018

Indias service sector continued to improve at the start of the quarter, with business activity rising at a faster pace, supported by new order growth.