Markets

Sebi first issued the guidelines for REITs and InvITs in 2014, which were then revised in 2016 and 2017.
The markets may react to British Parliament's vote to delay a decision on Boris Johnson's new Brexit deal next week
The stock markets will remain closed on Monday on account of polling for the Maharashtra Assembly election
The stock markets will remain closed on Monday on account of polling for the Maharashtra Assembly election

Market Outlook: Brexit vote, earnings to guide markets ahead

  • The Indian markets may react to British Parliament's vote to delay a decision on new Brexit deal next week
  • Investors will await corporate results from Maruti Suzuki, SBI, ITC, Hero MotoCorp, Larsen & Toubro, Kotak Mahindra Bank, Bajaj Auto and HCL Technologies

In the preceding month, FPIs had invested a net  ₹6,557.8 crore in the domestic capital markets (both equity and debt). (Photo: Reuters)
In the preceding month, FPIs had invested a net 6,557.8 crore in the domestic capital markets (both equity and debt). (Photo: Reuters)

FPIs pour in 5,072 crore into Indian capital markets in October so far

  • FPIs put in a net sum of 4,970 cr in equities and a net 102 cr in debt market during Oct 1-18, taking the cumulative net investment to 5,072 cr
  • Regarding the future course of FPI flows, market experts say, the momentum is expected to continue in the long term as India is a very attractive investment destination with sound fundamentals

Gold prices on MCX ended at  ₹38,090 per 10 gram
Reliance Industries valuation zoomed  ₹39,876.44 crore to  ₹8,97,179.47 crore (Photo: Mint)
RIL’s gross refining margin (GRM) has increased to $9.4 per barrel in Q2FY20 from $8.1 per barrel in the June quarter. (REUTERS)
Gold price today: On MCX gold was trading at  ₹38,062 per 10 gram
The S&P BSE Mid-Cap index was up 1.78% (PTI file)
Emkay has cut the earnings per share of ZEEL by 10% each for FY20/21 incorporating higher programming cost (Mint file)
Sensex today ended 246 points higher at 39,298
BHEL gained 27% taking the market value of the company to around  ₹19,800 crore. (Photo: PTI)
Losing its public sector tag can help BHEL in better receivables management going forward as well.
Losing its public sector tag can help BHEL in better receivables management going forward as well.

Why disinvestment can break the shackles around BHEL

  • BHEL has been expanding into new sectors such as E-mobility, EV-charging, transportation and defence
  • On the power equipment business though, which has been its forte, BHEL is facing growth challenges

About a fifth of JLR’s sales accrues from European markets. (Photo: Mint)
On Monday, IRCTC shares had ended 127% higher at  ₹ ₹728 on BSE as compared to its issue price
On Monday, IRCTC shares had ended 127% higher at 728 on BSE as compared to its issue price

IRCTC share prices surge today, hit new high

  • IRCTC had made best debut in two years on Monday
  • IRCTC's core business is spread across four verticals - railway catering, tourism services, online ticketing and packaged drinking water

Mukesh Ambani-led RIL will announce earnings later today
TVS Motor stock was up more than 2% (Mint file)
Reliance Industries Ltd rose 0.5% ahead of its September quarter earnings due later on Friday (Mint file)
Reliance Industries Ltd rose 0.5% ahead of its September quarter earnings due later on Friday (Mint file)

Sensex, Nifty rise led by gains in RIL, TCS

  • At 11.17am, the Sensex was 0.45% higher at 39190.82 points, while Nifty was up 0.42% at 11626.10 points
  • Traders also exercised caution as they await fresh cues on potential trade deal between the US and China

Sensex was up over 100 points in early trade
In the year so far, the rupee has weakened 1.93%. (Photo: iStock)