Global Market News for 21 Oct 2018
Dividends or growth? Why choose?
UK food prices will rise if the UK cannot reach an agreement with the EU over Brexit
The company said it has no debt exposure to developers like Aristo, Nahar, Supertech, Radius and Amrapali.
While HUL, ITC, Infosys, Kotak Mahindra Bank and ONGC saw addition in their market capitalisation for the week ended Friday, TCS, RIL, HDFC Bank, HDFC and SBI finished with losses
The m-cap of ITC soared Rs 168.56 billion to Rs 3.53 trillion
The BSE Sensex fell by 418 points to close at 34,315.63 last week.
On Monday, the 10,350 and 10,435 levels are likely to act as immediate resistance for Nifty.
Such tie-ups to help fund houses compete with MFs that have their own bank channels
HCL Tech, Bajaj Auto, Kotak Mahindra Bank and BHEL are among the other companies slated to announce their quarterly numbers this week
If history is any guide, human rights have never been too persuasive in Wall Street's calculus
When stocks fall, there is also talk about buying quality stocks that have become cheap.
Overall deployment of equity funds in bank stocks stood at Rs 1,88,620 crore at the end of September as compared to Rs 2,10,251 crore in the preceding month
In percentage terms, exposure to banking stocks was at 19.78% of equity AUM last month.
This is higher than over Rs 21,000 crore net outflows seen in September 2018.
Tech shares have tumbled 7 per cent this month, trailing the S&P 500 by 2 percentage points.
FPIs have been net sellers almost throughout this year except a couple of months. However, experts say the swiftness of the exit in October thus far has shaken the market
This is much higher than the over Rs 210 billion net outflow seen in entire September
In July, the association said, it had already apprised the Department of Industrial Policy and Promotion (DIPP) of the situation which could arise in future
ITC, Kotak Bank, YES Bank, Maruti, Airtel and Wipro will release their Q2 numbers the week.