[ad_1]
Verification of the market
Index
Current
Pt. Change
% Change
S & P BSE SENSEX
34,057.25
+210.02
0.62
S & P BSE SENSEX 50
10 691.35
71.23
0.67
S & P BSE SENSEX Next 50
30,022.97
+100.90
0.34
S & P BSE 100
10,445.43
64.56
0.62
S & P BSE Bharat Index 22
3,336.86
04.46
+1.01
Sebi is considering the standardization of supply chain management systems by setting up a sectoral body
The Securities and Exchange Board of India (Sebi) plans to create a sectoral body to define best practices for portfolio managers and to put in place a model to standardize how they market their systems. Currently, Portfolio Management Service Providers (PMS) submit bid documents to the Financial Markets Regulator and provide quarterly statements to existing clients. Read more
Buyback pressure for the industry could increase: Taher Badshah
The steady fall in the markets over the last few weeks has left investors wondering what could be the floor of the crisis. TAHER BADSHAH, director of equity investments at Invesco Mutual Fund, told Swati Verma that front-line indices could potentially lose 5 to 7 percent from current levels. Click here to read the full interview
TAHER BADSHAH
HCL Tech Negotiates 2.40% Higher After Second Quarter Results
Sectoral trend on NSE
Opening winners in ESB Senbad
Benchmarks are trading higher, driven by gains in financial and real estate stocks, amid a firm rupee before F & O expires in October. The rupee was trading at a three-week high at $ 73.16 / US from its previous close of 73.57 to the dollar.
However, Asian equities edged down on Wednesday, with fears ranging from worries about US corporate profits to Middle East tensions weighed on confidence, while crude oil hit a two-month low after Saudi Arabia announced a possible increase in supply.
In the midst of equities, HCL Technologies faltered after announcing a 5.7% quarter-over-quarter increase in its consolidated net profit of 25.40 billion rupees. Revenues for the period were 148.61 billion rupees, up 7.1% qoq and 19.5% yoy.
WORLD MARKETS
The largest MSCI index of Asia-Pacific equities out of Japan fell 0.2%, prolonging the decline by more than 2% recorded in the previous session.
Global stocks suffered this week Concern over US profits, the Italian government's finances, US trade tensions and growing pressure on Saudi Arabia following the death of dissident journalist Jamal Khashoggi.
Hang Seng of Hong Kong fell by 0.3% while the Shanghai Composite Index fell by 0.6%. The KOSPI of South Korea lost 0.25% and the Nikkei of Japan, 0.35%, making its previous gains.
(with the addition of Reuters)
[ad_2]
Source link
