Page 105 - Latest Updates on Stock Market
Sebi extends timeline for confirmation or denial of market rumours
This came after Securities and Exchange Board of India (Sebi), through a circular in late September, gave more time to listed companies to comply with the deadlines
 "Sebi extends timeline for confirmation or denial of market rumours")
LIC's market share drops to 58.5% till September from 68.2% in a year
SBI Life, HDFC Life gains; Life insurers H1 NBP down 13%
 "LIC's market share drops to 58.5% till September from 68.2% in a year")
Adani Ports stock drops 4.5% on Haifa port worries over Israel conflict
Adani Ports is closely monitoring the conflict in Israel and is prepared with a business continuity plan, the company said in a statement
 "Adani Ports stock drops 4.5% on Haifa port worries over Israel conflict")
We've been exploring themes with secular implications: Prakash Kacholia
The strong first-quarter FY24 earnings are expected to normalise in the coming quarters, with a potential growth rate of 20-22 per cent, said Kacholia
 "We've been exploring themes with secular implications: Prakash Kacholia")
Sebi extends dispatching period of hard copies of statements till Sept 2024
Earlier, the regulator had given similar relaxations to such entities till September 2023
Rate-sensitive sectors lead rise in stock market on RBI's repo rate pause
The NSE Nifty 50 index closed 0.55% higher at 19,653.50 points, while the S&P BSE Sensex rose 0.55% to 65,995.63. Both the benchmarks logged weekly gains, snapping a two-week losing streak
 "Rate-sensitive sectors lead rise in stock market on RBI's repo rate pause")
Sensex adds 364 pts, Nifty nears 19650 post RBI policy; Bajaj Finserv up 6%
Closing Bell on October 6, 2023: The broader markets, too, advanced in-line with the benchmarks with the BSE MidCap and SmallCap index up 0.66 per cent and 0.56 per cent, respectively
 "Sensex adds 364 pts, Nifty nears 19650 post RBI policy; Bajaj Finserv up 6%")
Stocks to Watch today: Rate sensitives, PB Fintech, Vedanta, IndiGo, GCP
Stocks to Watch on Friday, October 6, 2033: SoftBank Group is likely to sell shares worth up to $105 million in PB Fintech via block deals
 "Stocks to Watch today: Rate sensitives, PB Fintech, Vedanta, IndiGo, GCP")
Nifty Pharma, Nifty Auto: Check these key levels for your trading strategy
The prevailing bias suggests a positive outlook, emphasizing a buy-on-dips strategy for Nifty Auto and its components, said Ravi Nathani
 "Nifty Pharma, Nifty Auto: Check these key levels for your trading strategy")
Analysts selective on sugar stocks as higher prices keeps outlook upbeat
Analysts expect lower output to keep sugar prices elevated at least for the next year, driving gains for the sector
 "Analysts selective on sugar stocks as higher prices keeps outlook upbeat")
Easing oil prices lifts market mood; Sensex up 406 pts, Nifty near 19,550
Closing Bell on October 5, 2023: L&T, Titan Company, TCS, Bajaj Auto, M&M, Infosys, Eicher Motors, Asian Paints, and ICICI Bank were the top stocks that supported the indices, rising up to 2.15%
 "Easing oil prices lifts market mood; Sensex up 406 pts, Nifty near 19,550")
Larsen & Toubro up 3% on securing large orders; jumps 49% so far in 2023
L&T's power biz arm on Wednesday bagged orders worth up to Rs 2,500 cr from the WBPDC, while on Tuesday, the transportation infrastructure biz arm received a project worth up to Rs 5,000 cr
 "Larsen & Toubro up 3% on securing large orders; jumps 49% so far in 2023")
Stocks to Watch today: Marico, OMCs, Sheela Foam, Suryoday SFB, defence
Stocks to Watch on Thursday, October 5, 2023: The government, on Wednesday, released the fifth Positive Indigenisation List (PIL) of 98 items which will be procured by the three armed services
 "Stocks to Watch today: Marico, OMCs, Sheela Foam, Suryoday SFB, defence")
Sell Nifty PSU Bank on rise; buying opportunity in Nifty FMCG at this level
According to Ravi Nathani, traders eyeing Nifty FMCG index might find value in purchasing when the index nears the lower limit of its current range
Updater Services makes muted market debut, falls 6% below issue price
The stock made its debut at Rs 299.90, lower by 0.03 per cent from the issue price on the BSE. During the day, it declined 6 per cent to Rs 282. The stock ended at Rs 283.85 apiece, down 5.38 per cent
 "Updater Services makes muted market debut, falls 6% below issue price")
KeyBanc downgrades Apple, believing company valuation near all-time high
Shares of Apple are still up 33% this year, though they have retreated nearly 13% from their July record high amid the tech selloff sparked by concerns over high interest rates
 "KeyBanc downgrades Apple, believing company valuation near all-time high")
Sensex, Nifty50 close at dip as US treasury yields hit highest since 2007
Market participants also exercised caution ahead of the Reserve Bank of India's upcoming monetary policy announcement
 "Sensex, Nifty50 close at dip as US treasury yields hit highest since 2007")
Apple CEO Tim Cook gets $41 million from biggest share sale since 2021
Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. He made $355 million from a stock sale in August 2021
 "Apple CEO Tim Cook gets $41 million from biggest share sale since 2021")
IPO fund mop-up declines 26% to Rs 26,300 crore during April-Sept
In the first half of FY23, the amount raised via Initial Public Offerings (IPOs) stood at Rs 35,456 crore through 14 issues, according to data collected by Prime Database
Apple CEO Tim Cook gets $41 million from biggest share sale since 2021
Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. He made $355 million from a stock sale in August 2021
