Page 108 - Latest Updates on Stock Market
Sensex, Nifty snap 4-day losing run; Bajaj Fin gains 4.5%, IT stocks weigh
Closing Bell on September 25, 2023: The broader markets ended with steady gains with the BSE MidCap index advancing 0.46 per cent, and the BSE SmallCap 0.12 per cent
 "Sensex, Nifty snap 4-day losing run; Bajaj Fin gains 4.5%, IT stocks weigh")
Capitalise on the industry insight by investing in its sector fund
Choosing such a fund based on recent returns can, however, jeopardise portfolio performance
 "Capitalise on the industry insight by investing in its sector fund")
Nomura India buys Cholamandalam Financial shares worth Rs 166-crore
According to the bulk deal data available with BSE, Nomura India Investment Fund Mother Fund purchased 14,51,000 shares of Cholamandalam Financial Holdings
 "Nomura India buys Cholamandalam Financial shares worth Rs 166-crore")
Sai Silks Rs 1,201-crore IPO subscribed 4.40 times on last day of bidding
The Rs 1,201 crore-initial share sale received bids for 16,94,58,544 shares against 3,84,86,309 shares on offer, according to data available with the NSE
 "Sai Silks Rs 1,201-crore IPO subscribed 4.40 times on last day of bidding")
BSE to discontinue stop loss market orders from Oct 9 to check freak trades
This came after a recent freak trade incident caused a lot of angst among the trading community earlier this month due to an SL-M order
 "BSE to discontinue stop loss market orders from Oct 9 to check freak trades")
Sensex falls for 4th day, drops 221pts; Nifty nears 19,650; PSBs defy trend
Closing Bell on Friday, September 22: The Nifty PSU Bank jumped the most, rising 3.5 per cent
Stocks to Watch on Sept 22: JSW Steel, Glenmark Life, Samhi, Zaggle, TaMo
Stocks to Watch today, September 22, 2023: Glenmark Pharmaceuticals Board has approved the divestment of a 75 per cent stake in its subsidiary Glenmark Life Sciences to Nirma for Rs 5,651 crore
 "Stocks to Watch on Sept 22: JSW Steel, Glenmark Life, Samhi, Zaggle, TaMo")
Sensex down 571 pts, Nifty below 19,750 on hawkish Fed, Indo-Canada tension
Closing Bell on Thursday, September 21: The broad-based selling was led by public sector banks with the Nifty PSU Bank index sliding 2.3 per cent
 "Sensex down 571 pts, Nifty below 19,750 on hawkish Fed, Indo-Canada tension")
Stocks to Watch on Sept 21: Infosys, Sheela Foam, SJVN, Cipla, DCB Bank
Stocks to Watch today, September 21, 2023: The government will sell up to 4.9 per cent stake in SJVN via offer for sale (OFS) on Thursday and Friday
 "Stocks to Watch on Sept 21: Infosys, Sheela Foam, SJVN, Cipla, DCB Bank")
Disney shares Fall over 3% after doubling park spending to $60 billion
Disney said it has seen record growth in customer spending at parks over past two years, and significant decrease in number of tickets it sells at a discount, compared with before pandemic
 "Disney shares Fall over 3% after doubling park spending to $60 billion")
Updater Services' IPO starts Sept 25, with fresh issue of up to Rs 400 cr
The three-day Initial Public Offering (IPO) will conclude on September 27 and the bidding for anchor investors will open on September 22, according to the Red Herring Prospectus
Sensex bleeds 796 pts, Nifty holds 19,900 as HDFC Bank slides 4%, RIL 2%
Closing Bell on Wednesday, September 20: HDFC Bank shares were the biggest dragger on the benchmarks as they dropped nearly 4 per cent, while JSW Steel, and Reliance Industries fell over 2 per cent
 "Sensex bleeds 796 pts, Nifty holds 19,900 as HDFC Bank slides 4%, RIL 2%")
Stocks to Watch: RIL, RR Kabel, Tata Motors, Bank of Maha, Bharat Dynamics
Stocks to Watch today, September 20, 2023: RR Kabel is set to debut at the stock exchanges on Wednesday, becoming the first entity to make a T+2 listing
 "Stocks to Watch: RIL, RR Kabel, Tata Motors, Bank of Maha, Bharat Dynamics")
Instacart goes from supermarket to stock market, raising $660 mn with IPO
The San Francisco-based grocery delivery company raised $660 million in its initial public offering of stock, selling 22 million shares at $30 apiece
Sebi levies Rs 65 lakh fine on 5 individuals for insider trading violation
The regulator slapped a fine of Rs 20 lakh on Jaisingh Sudhirkumar Choudhary, Rs 15 lakh on Menal Rasesh Parikh and Rs 10 lakh each on Himanshu K Desai, Anirudh R Parikh and Sudhirkumar Choudhary
 "Sebi levies Rs 65 lakh fine on 5 individuals for insider trading violation")
Sensex caught at the crease on 12th day; investors await Fed rate decision
30-share index's winning run ends as losses interrupt longest gaining streak since 2007
 "Sensex caught at the crease on 12th day; investors await Fed rate decision")
Zaggle Prepaid IPO subscribed 12.57 times on last day of subscription
The initial share sale got bids for 24,28,83,090 shares against 1,93,26,761 shares on offer, according to data available with the NSE
Sensex, Nifty end lower dragged by HDFC Bank, RIL; PSU Bank index jumps 3%
Closing Bell on Monday, September 18: The S&P BSE Sensex fell 242 points to 67,597 levels, while the Nifty50 ended below the 20,150-mark at 20,133, lower by 59 points
 "Sensex, Nifty end lower dragged by HDFC Bank, RIL; PSU Bank index jumps 3%")
Jupiter Life Line makes strong debut; lists at 32% premium over issue price
Post-listing, the stock extended gains and moved 40 per cent higher to Rs 1,028 over its issue price
 "Jupiter Life Line makes strong debut; lists at 32% premium over issue price")
Stocks euphoria in Indian market draws warning from top-performing fund
The chief investment officer at Nippon Life India Asset Management Ltd. says it's increasingly difficult to find opportunities in the $3.8 trillion market, where benchmarks have just hit record highs
 "Stocks euphoria in Indian market draws warning from top-performing fund")