Page 106 - Latest Updates on Stock Market
Stock of this PSB has nearly doubled in 2 months; m-cap nears Rs 1 trillion
The stock of the public sector bank (PSB) touched Rs 51, its highest level since March 2015, on improved operating performance
 "Stock of this PSB has nearly doubled in 2 months; m-cap nears Rs 1 trillion")
Stocks to Watch today: Bajaj duo, LIC, JSW Infra, Adan Ent, HDFC Bank, DLF
Stocks to Watch on Wednesday, October 4, 2023: Bajaj Finserv's insurance arm, Bajaj Allianz General Insurance has received a show cause notice alleging a tax demand of Rs 1,010.05 crore
 "Stocks to Watch today: Bajaj duo, LIC, JSW Infra, Adan Ent, HDFC Bank, DLF")
JSW Infrastructure shares jump over 32% to settle at Rs 157 in debut trade
The stock made its debut at Rs 143, registering a jump of 20.16 per cent from the issue price on the BSE. It rallied 32.18 per cent to settle at Rs 157.30
 "JSW Infrastructure shares jump over 32% to settle at Rs 157 in debut trade")
Winro Commercial India sells Sheela Foam's shares worth Rs 93 crore
According to the block deal data available with the National Stock Exchange (NSE), Winro Commercial India sold more than 8.34 lakh shares at an average price of Rs 1,114 apiece
 "Winro Commercial India sells Sheela Foam's shares worth Rs 93 crore")
Sebi to introduce mechanism for verification in case of demise of investors
The new framework will come into effect from January 1, 2024, the Securities and Exchange Board of India (Sebi) said in a circular
 "Sebi to introduce mechanism for verification in case of demise of investors")
DMart's operational revenue rises 18.51% to Rs 12,307 crore in Jul-Sept
The company had registered a revenue from operations of Rs 10,384.66 crore in the July-September quarter a year ago, Avenue Supermarts informed BSE in a regulatory filing
 "DMart's operational revenue rises 18.51% to Rs 12,307 crore in Jul-Sept")
JSW Infra makes strong debut; extends gain to zoom 32% over issue price
The stock moved higher to Rs 157, up 32 per cent over its issue price of Rs 119, after being listed at Rs 143 on the NSE
 "JSW Infra makes strong debut; extends gain to zoom 32% over issue price")
STOXX 600 index declines 1% to six-month low on higher bond yields
The pan-European STOXX 600 index reversed early gains to fall 1.0% on Monday, hitting its lowest intra-day low in since end of March
 "STOXX 600 index declines 1% to six-month low on higher bond yields")
Mutual fund reclassification rules: 6 years in, rolling with the best
Even as Sebi's classification norms for MF schemes approach six years of completion, we examine the three-year rolling returns of schemes in the top categories to identify the best performers
 "Mutual fund reclassification rules: 6 years in, rolling with the best")
New quarter, same struggles for stocks, bonds and currency markets
A opening move higher from the pan-European STOXX 600 quickly gave way in the face of some weak PMI data, denting traders' hopes for its first three-session run of back-to-back gains
 "New quarter, same struggles for stocks, bonds and currency markets")
Stock market closed today on Gandhi Jayanti: List of all market holidays
Stock market holiday: After Mahatma Gandhi Jayanti on October 2, the market will be closed on October 24, Tuesday, for Dussehra
 "Stock market closed today on Gandhi Jayanti: List of all market holidays")
Chinese stock investors say worst yet to come in country's property crisis
Sentiment has only worsened this week as worries about liquidity and weak housing demand intensified
 "Chinese stock investors say worst yet to come in country's property crisis")
Vedanta to spin off, list six businesses to attract big-ticket investment
The six units being planned to be listed are Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals and Vedanta Limited
 "Vedanta to spin off, list six businesses to attract big-ticket investment")
In a first, India's unique investor count tops 80 million: NSE data
NSE says 17% of Indian household now invest directly in stocks
 "In a first, India's unique investor count tops 80 million: NSE data")
IFSCA forms panel to suggest steps for growth of fund management industry
Additionally, the committee is expected to advise IFSCA on new products or services, untoward market practices
 "IFSCA forms panel to suggest steps for growth of fund management industry")
Pharma firm Valiant Lab IPO subscribed nearly 71% on second day of bidding
The initial share sale received bids for 54,25,770 shares against 76,23,030 units on offer, as per NSE data
 "Pharma firm Valiant Lab IPO subscribed nearly 71% on second day of bidding")
New investor registrations on NSE hits 10 million mark in last 8 months
These new investor registrations are not restricted to top-tier cities and cities beyond top 100 accounted for 45 per cent of new investor registrations, the National Stock Exchange (NSE) said
 "New investor registrations on NSE hits 10 million mark in last 8 months")
Sebi renews licences of NSE Clearing, Indian Clearing Corp for three years
NSE Clearing Ltd is a wholly-owned subsidiary of the National Stock Exchange (NSE) and Indian Clearing Corporation Ltd (ICCL) is an arm of BSE
IT shares, RIL, F&O expiry send Sensex 610 pts down, Nifty near 19,500
Closing Bell on September 28, 2023: Tech M, which sank 4 per cent, was the top laggard on the benchmarks after Morgan Stanley downgraded the stock to 'underweight'
 "IT shares, RIL, F&O expiry send Sensex 610 pts down, Nifty near 19,500")
Sluggish domestic demand, rising costs to hit prospects of tile firms
Sector reported record exports in July, expected to support setback in India market
 "Sluggish domestic demand, rising costs to hit prospects of tile firms")