Page 103 - Latest Updates on Stock Market
Sebi issues Rs 1.8 crore demand notices to former officials of Karvy Group
The regulator has warned them of arrest and attachment of assets as well as bank accounts if they fail to make the payment within 15 days
 "Sebi issues Rs 1.8 crore demand notices to former officials of Karvy Group")
Rallis India Q2 results: PAT up 13.88% to Rs 82 crore, revenue down 12.51%
The company posted a PAT of Rs 72 crore for the corresponding period of the previous fiscal, Rallis India said in a regulatory filing
 "Rallis India Q2 results: PAT up 13.88% to Rs 82 crore, revenue down 12.51%")
Market may remain under pressure amid slew of headwinds, say experts
Experts cite record high US bond yields, geo-political uncertainties, earnings disappointments as key concerns
 "Market may remain under pressure amid slew of headwinds, say experts")
Moody's quarterly profit beats market estimates on robust research demand
The New York-based company saw robust demand for its data and insights, including CreditView, its flagship credit research product
 "Moody's quarterly profit beats market estimates on robust research demand")
Markets fall for 5th day; Sensex sheds 523 pts, Nifty ends near 19,100
Closing Bell on October 25, 2023: In the broader market, the BSE MidCap index slipped 0.52 per cent and the BSE SmallCap 0.77 per cent as against the frontline indices' 0.8 per cent decline
 "Markets fall for 5th day; Sensex sheds 523 pts, Nifty ends near 19,100")
Stocks to Watch today: Axis Bank, Tech M, Vedanta, Delta Corp, ONGC, NDTV
Stocks to watch on Wednesday, October 25, 2023: The Bombay High Court has directed the Directorate General of GST Intelligence, Hyderabad, to not pass a final orders against Delta Corp
 "Stocks to Watch today: Axis Bank, Tech M, Vedanta, Delta Corp, ONGC, NDTV")
Nifty Financial, Nifty Private Bank: Trading strategy for near-term decline
As per Ravi Nathani, the Nifty Private Bank index is poised to encounter a stronghold of support at 22,200, according to chart analysis.
 "Nifty Financial, Nifty Private Bank: Trading strategy for near-term decline")
Stationery player Cello World sets IPO price band at Rs 617-648 per share
The issue will open for public subscription on October 30 and conclude on November 1, and the anchor book of the offer will be opened for a day on October 27, according to the red herring prospectus
 "Stationery player Cello World sets IPO price band at Rs 617-648 per share")
Investors' wealth plunges Rs 7.5 trn amid escalating global tensions
The 30-share BSE Sensex plunged 825.74 points or 1.26 per cent to settle at 64,571.88 points. During the day, the index plummeted 894.94 points or 1.36 per cent to 64,502.68 points
 "Investors' wealth plunges Rs 7.5 trn amid escalating global tensions")
Stationery maker Cello World's Rs 1,900 crore IPO to open on Oct 30
The maiden public issue will conclude on November 1 and the anchor book of the offer will be opened for a day on October 27, according to the red herring prospectus
Sensex sinks 826 pts, Nifty ends below 19,300; SmallCap index slides 4%
Closing Bell on October 23, 2023: The broad-based losses were led by PSU banks, metals, real estate, and IT stocks. Their respective indices, thus, fell 3.89%, 3.3%, 3.14%, and 2% on the NSE
 "Sensex sinks 826 pts, Nifty ends below 19,300; SmallCap index slides 4%")
Stocks to Watch today: ICICI Bank, Hudco, NDTV, ABFRL, Samvardhan, Paytm
Stocks to Watch on Monday, October 23, 2023: Paytm said its revenue increased 32 per cent YoY to Rs 2,519 crore in the second quarter, with its consolidated net loss narrowing to Rs 291 crore
 "Stocks to Watch today: ICICI Bank, Hudco, NDTV, ABFRL, Samvardhan, Paytm")
Softbank sells 1.09% stake in Zomato worth Rs 1,040 cr via open market
Softbank through its affiliate SVF Growth Pte Ltd offloaded shares of Zomato on the National Stock Exchange
 "Softbank sells 1.09% stake in Zomato worth Rs 1,040 cr via open market")
IRM Energy's Rs 545 crore IPO subscribed 27 times on last day of offer
The Rs 545.40 crore-initial share sale received bids for 20,62,70,910 shares against 76,24,800 shares on offer, as per NSE data
 "IRM Energy's Rs 545 crore IPO subscribed 27 times on last day of offer")
Sensex ends lower for third straight day, down 232 pts; ITC, HUL weigh
The NSE Nifty50 ended 82 points lower at 19,543; broader indices too finished with significant losses. Private banks, however, bucked the trend on Friday.
 "Sensex ends lower for third straight day, down 232 pts; ITC, HUL weigh")
Stocks to Watch today: HUL, ITC, Zomato, Paytm, UltraTech, Dixon, MphasiS
Stocks to watch on Friday: Shares of ITC and Hindustan Unilever will react to Q2 results today; while the former posted 6 per cent growth in net, the latter's consolidated net was down on a YoY basis.
 "Stocks to Watch today: HUL, ITC, Zomato, Paytm, UltraTech, Dixon, MphasiS")
MMTC at lower circuit, sinks 19% in 2 days on reports govt may wind it down
From its 52-week low of Rs 26.4 touched on April 28 this year, the stock had leaped 237 per cent to a new 52-week high of Rs 89 on October 17, Tuesday
 "MMTC at lower circuit, sinks 19% in 2 days on reports govt may wind it down")
Bidding for Blue Jet Healthcare IPO sale set to open on October 25
Bidding for the Initial Public Offering (IPO), which is entirely an offer for sale (OFS) of 2.42 crore shares by promoters -- Akshay Bansarilal Arora and Shiven Akshay Arora -- will conclude on Oct 27
IRM Energy IPO subscribed 1.71 times on first day of subscription
The Rs 545.40 crore initial share sale received bids for 1,30,38,661 shares against 76,24,800 shares on offer, according to NSE data
Sensex sheds 551 pts, Nifty below 19,700 as Middle East crisis worsens
Closing Bell on Wednesday, October 18, 2023: Brent crude futures jumped 3 per cent after Iran called for sanctions and oil embargo against Israel
 "Sensex sheds 551 pts, Nifty below 19,700 as Middle East crisis worsens")