Page 113 - Latest Updates on Stock Market
Sensex slips 732 pts from day's high, ends 181 pts lower; RIL, L&T weigh
CLOSING BELL ON AUGUST 24, 2023: The Nifty tumbled over 200 pts in intra-day deals, and ended with a loss of 57 points. IndusInd Bank, Asian Paints and Infosys, however, gained over a per cent each.
 "Sensex slips 732 pts from day's high, ends 181 pts lower; RIL, L&T weigh")
Stocks to Watch: Reliance, Coforge, GAIL, Vascon, Sugar stocks, P&G Health
Stocks to Watch on August 24, 2023: Coforge promoter Hulst BV is looking to offload its entire 26.63% stake in the firm via a block deal; India may ban sugar exports for the first time in 7 years
 "Stocks to Watch: Reliance, Coforge, GAIL, Vascon, Sugar stocks, P&G Health")
Everstone Capital exits SJS Enterprises by selling remaining 29.5% stake
The stake was bought by investors including some Indian mutual funds, an Everstone spokesperson said, adding that the firm made $66 million from the sale
 "Everstone Capital exits SJS Enterprises by selling remaining 29.5% stake")
Heating equipment maker JNK India files draft papers with Sebi to float IPO
Those offloading shares in the OFS are of promoters -- Goutam Rampelli, Dipak Kacharulal Bharuka, JNK Heaters Co. Ltd. and Mascot Capital and Marketing Pvt Ltd. -- and shareholder Milind Joshi
 "Heating equipment maker JNK India files draft papers with Sebi to float IPO")
Blue-chips rise on financials boost; small, mid-caps hit fresh highs
The Nifty 50 index settled 0.25% higher at 19,444, while the S&P BSE Sensex gained 0.33% to 65,433.30
 "Blue-chips rise on financials boost; small, mid-caps hit fresh highs")
Banks, Metals, Capital Goods lift Sensex 213 pts; Adani Group shares slip
CLOSING BELL ON AUGUST 23, 2023: The NSE Nifty 50 ended with a gain of 48 points; Shares related to Chandrayaan-3 mission were also in demand on Wednesday.
 "Banks, Metals, Capital Goods lift Sensex 213 pts; Adani Group shares slip")
From Jio Financial to Zerodha, Indian mutual fund managers going 'passive'
Fund houses have launched 23 passive funds so far this year, half the 45 launched in 2022 and well above 10 in 2019, data from Value Research shows
 "From Jio Financial to Zerodha, Indian mutual fund managers going 'passive'")
Stocks to Watch: Torrent Pharma, Cipla, TVS Supply Chain, Titan, AdaniTotal
Stocks to Watch on August 23, 2023: Torrent Pharma has joined the race to buy out Cipla's promoter stake held by the Hamied family, reported The Economic Times
 "Stocks to Watch: Torrent Pharma, Cipla, TVS Supply Chain, Titan, AdaniTotal")
Analysts turn cautious on Asian markets; India remains an outlier
Indian markets, analysts believe, are an outlier and can still justify expensive valuations amid a likely recovery in corporate earnings going ahead
 "Analysts turn cautious on Asian markets; India remains an outlier")
Jio Financial Services reels under selling pressure, loses 5% again
Stock sheds Rs 16,000 cr in market value in two days
 "Jio Financial Services reels under selling pressure, loses 5% again")
Sensex ends flat amid range-bound trade; Broader mkt, new-age shares rally
CLOSING BELL ON AUGUST 22, 2023: BSE MidCap and SmallCap indices rallied up to 0.9 per cent, while the NSE Nifty 50 ended with a notional gain of 3 points at 19,396.
 "Sensex ends flat amid range-bound trade; Broader mkt, new-age shares rally")
BSE postpones removal of Jio Financial Services from indices to August 29
BSE's circular said that if JFSL continues to hit the lower circuit in the next two days, the removal date will be deferred by another three days
Stocks to Watch: Adani Power, Glenmark Pharma, Union Bnk, SJS, Paytm, RITES
Stocks to watch on August 22, 2023: As per reports, about 30 per cent equity worth Rs 541.5 crore will change hands via a block deal in SJS Enterprises today
 "Stocks to Watch: Adani Power, Glenmark Pharma, Union Bnk, SJS, Paytm, RITES")
Sensex ends 267 pts up; Adani Group stocks shine; Jio Fin dips 5% on debut
CLOSING BELL ON AUGUST 21, 2023: The NSE Nifty 50 ended with a gain of 84 points at 19,394. Jio Financial Services settled at the 5 per cent lower circuit on debut on Monday.
 "Sensex ends 267 pts up; Adani Group stocks shine; Jio Fin dips 5% on debut")
Adani-led promoter group hikes stake in flagship firm AEL to 69.87%
Promoter group has increased stake in Adani Enterprises Ltd from 67.65 per cent to 69.87 per cent, according to a stock exchange filing
 "Adani-led promoter group hikes stake in flagship firm AEL to 69.87%")
US treasury 10-year real yield exceeds 2% for first time since 2009
Benchmark rose as much as 6 basis points to 2%, before easing little under that threshold, extending rise from 1.5% since mid-July. 30-year real yield up 6.6 basis points to 2.14%, new peak since 2011
 "US treasury 10-year real yield exceeds 2% for first time since 2009")
FPIs' investment value in Indian equities gains 20% to $626 bn in June qtr
This could be attributed to good performance in the domestic equity markets as well as strong net inflows from foreign portfolio investors
 "FPIs' investment value in Indian equities gains 20% to $626 bn in June qtr")
Top headlines: Jio Financial shares to debut, big techs seek relaxation
Business Standard brings you the top headlines at this hour
 "Top headlines: Jio Financial shares to debut, big techs seek relaxation")
Shares of Ambani's $20 bn Jio Financial Services set to debut in Mumbai
Jio Financial, which as yet boasts of little revenue but owns a 6.1% stake in Reliance, has already announced a partnership with BlackRock Inc. to set up an Indian asset management venture
Stocks to Watch: Jio Financial, Titan, Gujarat Gas, Tanla Platforms, KEC
Stocks to Watch on August 21, 2023: Jio Financial Services will be listed on the exchanges today. Experts believe the stock could top the Rs 300-mark on listing
 "Stocks to Watch: Jio Financial, Titan, Gujarat Gas, Tanla Platforms, KEC")