Page 162 - Latest Updates on Stock Market
RBI's dovish policy gives Sensex 381-pts boost; RIL up 4%, IT stocks shine
The central bank also retained the GDP growth forecast at 9.5% for the on-going fiscal year and revised CPI inflation projection downward to 5.3% which also supported sentiment
 "RBI's dovish policy gives Sensex 381-pts boost; RIL up 4%, IT stocks shine")
Chinese property bonds, shares slump as Evergrande angst spreads
Bonds and shares issued by Chinese developers slumped as onshore markets returned from a week-long holiday with few clues as to how regulators propose to contain contagion from Evergrande's problems
 "Chinese property bonds, shares slump as Evergrande angst spreads")
Stocks rebound as headwinds ease, Sensex ends 0.8% up at 59,678 points
Investors were rattled the past few weeks due to prospects of higher inflation and reduced stimulus. A likely deal between US lawmakers to boost US debt limit into December calmed nerves
 "Stocks rebound as headwinds ease, Sensex ends 0.8% up at 59,678 points")
Tata Motors' stock revs up to near 4-year high on Morgan Stanley upgrade
Shares of India's Tata Motors surged to their highest levels in nearly four years on Thursday after Morgan Stanley Research upgraded the stock
 "Tata Motors' stock revs up to near 4-year high on Morgan Stanley upgrade")
Here are assets JPMorgan says are vulnerable to commodity-fueled inflation
Technology stocks and emerging-Asian markets are among those most at risk, while cyclical shares and the assets of energy-exporting nations are seen as possible havens
 "Here are assets JPMorgan says are vulnerable to commodity-fueled inflation")
Japanese stocks extend losing streak as new premier underwhelms
The blue-chip measure closed 2.2% lower, capping its worst longest losing streak since May 2019 and extending its loss from a September high to 9.3%
 "Japanese stocks extend losing streak as new premier underwhelms")
Paras Defence skyrockets 2.85 times offer price on stock market debut
The company now holds record for most-subscribed IPO and best-listing day performance
 "Paras Defence skyrockets 2.85 times offer price on stock market debut")
Market intelligence platform AlphaSense raises $180 mn in Series C funding
The capital infusion will be used to further invest in product development, content expansion, and customer support, and to drive organic growth as well as acquisitions
 "Market intelligence platform AlphaSense raises $180 mn in Series C funding")
Top headlines: New RBI norms from today, Adani to run Colombo Port terminal
Eight core sectors' output accelerates in Aug, Monsoon to withdraw from Oct 6, and other top headlines of the day
 "Top headlines: New RBI norms from today, Adani to run Colombo Port terminal")
Govt seeks to empanel merchant bankers, legal advisors for share sales
Appointment will be for two years, extendable for one year; contenders can quote a fee as low as Re 1, must submit bids by October 20
 "Govt seeks to empanel merchant bankers, legal advisors for share sales")
Sebi board meeting today: Here are the important issues on agenda
Will market regulator Sebi take up measures allowing PE players to set up mutual funds at today's board meeting? Will there be a decision on the M&A norms, and special voting rights for startups?
 "Sebi board meeting today: Here are the important issues on agenda")
Growth revival and impact on volume growth may help HUL stock to shine
Higher demand for discretionary products and price hike to support margins
 "Growth revival and impact on volume growth may help HUL stock to shine")
Market yet to respond to rate cuts on home loans, share prices unaffected
Lower rates to aid loan demand for financiers who can offset discounts over the long tenure
 "Market yet to respond to rate cuts on home loans, share prices unaffected")
China's Evergrande chairman seeks to reassure investors, shares surge
Hui Ka Yan said the company was striving to ensure quality delivery of properties and stressed the importance to resume construction on developments where building had been halted
Asian trade tense in the shadow of Evergrande Group and the Fed
Singapore-traded FTSE China futures are about 2% below Friday's closing level. Safe-haven assets such as the yen and U.S. Treasuries rose slightly in morning trade.
 "Asian trade tense in the shadow of Evergrande Group and the Fed")
Stocks find some footing after Evergrande Group relief; Fed looms
The news also helped the risk-sensitive Australian dollar, though anticipation that the Federal Reserve may move a step closer to tapering later on Wednesday kept a lid on gains and the mood
 "Stocks find some footing after Evergrande Group relief; Fed looms")
Foreign investors want Sebi to delay shorter trade settlement plan
Sebi's plan could push foreign investors to upgrade their custodial arrangements, spend more on foreign exchange charges and other costs.
 "Foreign investors want Sebi to delay shorter trade settlement plan")
Markets bounce from Evergrande-led selloff, Sensex ends 514 points up
Post global cues, rebound in metal, realty stocks improves investor mood
 "Markets bounce from Evergrande-led selloff, Sensex ends 514 points up")
European shares bounce after worst session in 2 months; UMG soars in debut
The pan-European STOXX 600 was up 0.6% by 0704 GMT after sinking to a two-month low in the previous session
 "European shares bounce after worst session in 2 months; UMG soars in debut")
Universal Music Group's shares surge on stock market debut
Universal Music Group's shares surged at the start of trading on Tuesday, as the company behind singers such as Lady Gaga and Taylor Swift made its stock market debut
 "Universal Music Group's shares surge on stock market debut")