Nasdaq, S&P 500 edge higher on Amazon boost; Dow under pressure

The S&P 500 and the Nasdaq edged higher on Tuesday, led by a bounce in shares of Amazon.com, while uncertainty over more U.S. fiscal stimulus kept trading in Dow constituents muted. Amazon.com Inc jumped 2.7% after Bernstein upgraded its stock to “outperform”, saying the company will continue to receive a …

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F&O: Bears get an upper hand, but cooling VIX holds out hope

By Chandan Taparia Nifty opened positive on Tuesday, but failed to conquer its short-term hurdle in the 11,300-11,333 zone and drifted towards the 10,180 mark. It then witnessed some recovery from the lows, but the bounces got sold into at the intraday hurdle of 11,250. The index continued its losing …

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debt mutual funds: Sebi contemplates stress testing, minimum asset allocation in debt MFs

With an aim to bring liquidity, markets regulator Sebi is mulling stress testing, minimum asset allocation in liquid assets and swing pricing like mechanism for all open-ended debt oriented mutual fund schemes, its chief Ajay Tyagi said on Tuesday. Sebi is facilitating the setting up of an expert committee to …

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small cap funds: Not forcing anyone to invest in small-caps: Sebi chief on multicap rejig

Sebi chief Ajay Tyagi on Tuesday said the markets regulator is not forcing anyone to invest in small-caps and investment should always be in the interest of investors amid new portfolio allocation rules for multi-cap mutual fund schemes. He further said multi-cap mutual fund schemes should be “true to label”. …

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Sebi chief says not forcing anyone to invest in smallcaps after multicap fund tweak

Sebi chief Ajay Tyagi on Tuesday said the markets regulator is not forcing anyone to invest in small-caps and investment should always be in the interest of investors amid new portfolio allocation rules for multi-cap mutual fund schemes. He further said multi-cap mutual fund schemes should be “true to label”. …

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Chemcon Speciality IPO retail portion oversubscribed by 15 times

NEW DELHI: The initial public offer (IPO) of Chemcon Speciality Chemicals got subscribed 6.59 times on the second day of the offer till 11 am. The company’s initial share sale received bids for 4,31,92,952 shares so far against the issue size of 65,59,173 shares. Among the investors’ category, non-institutional investors …

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Hero Moto, M&M, TechM, Berger Paints among 112 stocks likely to see selloff, suggests MACD

NEW DELHI: Back-to-back falls in domestic stocks over the past four sessions have sent a number of stocks tumbling. Many of these, 112 precisely, have sent out bearish signals on the moving average convergence divergence, or MACD, charts. The momentum indicator signalled bearish crossovers — a sign of bearish undertone …

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