Markets

Farmers transport a heap of paddy straw, loaded on a tractor, on the outskirts of Vijayawada.  (PTI)
Operating performance took a hit due to lower economies of scale.
Photo: Mint
People wearing face masks, walk past an Apple store at a shopping mall, as the country is hit by an outbreak of the new coronavirus, in Beijing, China (Photo: Reuters)
People wearing face masks, walk past an Apple store at a shopping mall, as the country is hit by an outbreak of the new coronavirus, in Beijing, China (Photo: Reuters)

US stocks fall as Apple's surprise sales warning raises China virus concerns

  • The maker of iPhones said it will fall short of its revenue forecasts in the fiscal second quarter because of production problems in China
  • Walmart forecasts downbeat online sales growth; Kroger jumps as Berkshire Hathaway reveals $549 mn stake

Rupee declined 10 paise against the US dollar to end up at  ₹71.42
Rupee declined 10 paise against the US dollar to end up at 71.42

Gold, silver prices rise today on positive global cues

  • The increase in the price of gold and silver today came on positive global cues and depreciation of the Indian currency
  • The rise represents a .57% increase in the price of yellow metal, silver on the other hand rose .62%

Under the new criteria, companies should be a part of Nifty 500 at the time of review. (Mint )
Under the new criteria, companies should be a part of Nifty 500 at the time of review. (Mint )

Yes Bank to be dropped from Nifty 50 from 27 March; Shree Cement to move in

  • Adani Transmission, IDBI Bank, Info Edge (India) Ltd, Larsen & Toubro Infotech and Torrent Pharmaceuticals would be added in Nifty Next 50 index
  • NSE Indices' Index Maintenance Sub-Committee has decided to make the replacement of stocks in various indices as part of its periodic review

Photo:Mint (Ramesh Pathania/Mint)
A sustained weakness in ONGC’s production has been a concern. Photo: Bloomberg
Photo: Mint
Mishra Dhatu Nigam was listed on 4 April 2018.
AP Photo/Ahn Young-joon (AP)
Photo: iStock
Photo: iStock

Nifty closes below 12,000, telcos and banks drag Sensex down 161 points

  • BSE MidCap sheds 95 points
  • 20 of 30 Sensex shares end in red
  • Telecom, metal cos biggest laggards

Photo: ANI
The possibility that Vodafone Idea would turn into a non-performing asset is real. (REUTERS)
The company, meanwhile, reported a strong performance for the December quarter, with higher income and profitability. (Mint)
The company, meanwhile, reported a strong performance for the December quarter, with higher income and profitability. (Mint)

Embassy REIT rises despite tax spoilsport

  • Company posted 16% year-on-year growth in net operating income. Ebitda margin jumped 500 basis points
  • The company, meanwhile, reported a strong performance for the December quarter, with higher income and profitability

SBI Cards is the second-largest credit card issuer in India with 9.46 million cards and an 18% market share as on 30 September 2019.  (Aniruddha Chowhdury/Mint)
SBI Cards is the second-largest credit card issuer in India with 9.46 million cards and an 18% market share as on 30 September 2019. (Aniruddha Chowhdury/Mint)

SBI Cards’ 9,000-crore IPO set for early March launch

  • First sharesale of 2020 wil mark the larges-ever public market exit for a PE firm in India
  • SBI, which has a 74% stake, and Carlyle, which holds 26% through its unit, will sell 130.5 mn shares

Sebi, in April 2019, had barred NSE from accessing the capital markets for a period of six months
Sebi chairman Ajay Tyagi (Photo: Mint)
(Photo: Mint)
(Photo: Mint)

Sebi board clears regulatory sandbox for registered entities

  • Sebi allows registered entities to test new products, services in a live environment on select customers
  • The proposed 'regulatory sandbox' is intended to serve as a testing ground for new business models and technologies that benefit investors, Indian markets and the economy at large

Sebi chief Ajay Tyagi during a press conference after the board meet in Mumbai on Monday (Photo: Aniruddha Chowdhury/Mint)