Page 64 - Latest Updates on Stock Market
Open to feedback on tax changes but... read FinMin latest remark on Budget
Union Finance Minister Nirmala Sitharaman's recent remark follows feedback from several experts and salaried individuals who feel that the Budget did not provide sufficient relief to the middle class
 "Open to feedback on tax changes but... read FinMin latest remark on Budget")
CrowdStrike short sellers net $461 mn after stock plunges on Windows outage
The contrarian group reaped paper profits of $461 million on the cybersecurity software company's 11% drop, according to data from S3 Partners LLC
 "CrowdStrike short sellers net $461 mn after stock plunges on Windows outage")
Chorus around rising retail interest in riskier derivatives gets louder
Economic Survey says mkt claim on real economy 'excessively high', may lead to instability
 "Chorus around rising retail interest in riskier derivatives gets louder")
Budget 2024 Updates: Finance Minister Nirmala Sitharaman to present the Union Budget on Tuesday
Union Budget 2024: As Finance Minister Nirmala Sitharaman presents the Union Budget on Tuesday, markets expect tax cuts, infra spending, and a boost to rural demand. Stay with us for all updates
 "Budget 2024 Updates: Finance Minister Nirmala Sitharaman to present the Union Budget on Tuesday")
Investor subscribe Sanstar IPO 13.47 times offer size on day 2 of offer
The initial public offer of plant-based speciality products company Sanstar Ltd received 13.47 times subscription on the second day of share sale on Monday.
 "Investor subscribe Sanstar IPO 13.47 times offer size on day 2 of offer")
Stallion India Fluorochemicals gets Sebi's nod to raise funds through IPO
Proceeds from the issue will be used towards funding working capital requirements, capital expenditure for its proposed facilities in Maharashtra and Andhra Pradesh, and general corporate purposes
 "Stallion India Fluorochemicals gets Sebi's nod to raise funds through IPO")
Indian block trades led by global firms reach record $15 billion this year
Among block trades, Vodafone Group Plc subsidiaries raised about $1.8 bn by selling shares in India's Indus Towers Ltd. in June, while British American Tobacco Plc. sold part of its stake in ITC Ltd
 "Indian block trades led by global firms reach record $15 billion this year")
Market capitalisation of BSE Midcap firms a whisker away from $1 trn
On Friday, the cumulative mcap of midcap firms settled at $0.96 trillion
 "Market capitalisation of BSE Midcap firms a whisker away from $1 trn")
Conservative hybrid funds can be a better bet than fixed deposits
Asset allocation ensures investor gets small exposure to stocks in a predominantly bond portfolio
 "Conservative hybrid funds can be a better bet than fixed deposits")
Modi govt's Budget to send India's soaring stocks higher, shows survey
The upcoming government budget will likely boost consumer spending and infrastructure building, which bode well for businesses, strategists and investors surveyed by Bloomberg said
 "Modi govt's Budget to send India's soaring stocks higher, shows survey")
Swan Energy's shares locked in upper circuit twice in two days; here's why
Shares of Swan Energy got locked in the 5 per cent upper circuit at Rs 727.20 per share on the NSE in Tuesday's early morning deals
 "Swan Energy's shares locked in upper circuit twice in two days; here's why")
Investors subscribe Ambey Laboratories IPO over 173.18 times offer size
The initial share sale received bids for 69,99,86,000 shares against 40,42,001 shares on offer, as per NSE SME data
Stock Market Highlights, July 8: Indices end flat after listless day; PSBs fall, FMCGs buck trend
Stock Market Highlights on July 8: The broader indices, though, hit all-time highs in the intraday trade, ended with a negative bias as well
 "Stock Market Highlights, July 8: Indices end flat after listless day; PSBs fall, FMCGs buck trend")
AU Small Finance Bank's shares slump 4% on muted growth in Q1 biz update
AU Small Finance Bank's stock dipped up to 4.25 per cent at Rs 250.55 per share on the BSE in Monday's intraday trade
 "AU Small Finance Bank's shares slump 4% on muted growth in Q1 biz update")
Marico's stock surges over 6% on decent Q1 update, bullish outlook
Shares of FMCG major Marico soared up to 6.56 per cent at Rs 655.70 per share on the BSE in Monday's early morning trade
 "Marico's stock surges over 6% on decent Q1 update, bullish outlook")
Downturn in sight for Nifty50, MidCap Select indices; here's how to trade
When examining the Nifty 50 Index, currently trading in the overbought zone, technical indicators such as MACD, RSI, and Stochastic suggest it is challenging to recommend initiating fresh long
 "Downturn in sight for Nifty50, MidCap Select indices; here's how to trade")
Global trends, earnings from TCS, HCLTech to guide mkts this week: Analysts
Markets may consolidate after the record rally last week, experts added
Market Highlights, July 5: RIL, SBI lead fag-end recovery; benchmarks end flat; HDFC Bank down 4%
Stock Market Highlights on July 5: Shares of RIL gained 2.58 per cent, helping the Sensex, and Nifty indices recoup losses
 "Market Highlights, July 5: RIL, SBI lead fag-end recovery; benchmarks end flat; HDFC Bank down 4%")
Restaurants Brand Asia stock rallies 5% after HDFC Mutual Fund buys stake
Shares of Restaurants Brand Asia soared up to 5 per cent at 113.92 per share on the BSE in Friday's intraday. This came after the company informed the Indian exchanges about the bulk deal
 "Restaurants Brand Asia stock rallies 5% after HDFC Mutual Fund buys stake")
Thermax's stock rises 5% after subsidiary gets work order worth Rs 513 cr
Thermax shares zoomed 4.6 per cent at 5287.10 per share on the BSE in Friday's intraday trade after the company informed the bourses that it has bagged a big work order worth Rs 513 crore
 "Thermax's stock rises 5% after subsidiary gets work order worth Rs 513 cr")