Page 76 - Latest Updates on Stock Market
India commanding higher valuations on investors' optimism, trust: Buch
She said at 22.2, the ratio of price to earning multiple in the Indian market is higher than the average of many indices around the world
 "India commanding higher valuations on investors' optimism, trust: Buch")
Stock market highlights, April 2: Sensex slips 111 pts, Nifty holds 22,450; broader indices rise over 1%
Stock market highlights on Tuesday, April 02: Among sectors, the Nifty Realty index hit a 16-year high intraday before closing 0.8 per cent higher. The Nifty Metal index, too, added 1.36 per cent
 "Stock market highlights, April 2: Sensex slips 111 pts, Nifty holds 22,450; broader indices rise over 1%")
China's stock correlation with India reaches record all-time low
The Chinese gauge has more than doubled gains in the Indian measure since February with a push from Beijing's stimulus, while India's rally has cooled on valuation concerns
 "China's stock correlation with India reaches record all-time low")
Sebi launches SCORES 2.0 to enhance investors' complaint redressal system
SEBI Complaint Redress System (SCORES) is an online system where investors in the securities market can lodge their complaints through web URL and an app. It was launched in June 2011
 "Sebi launches SCORES 2.0 to enhance investors' complaint redressal system")
Fincare SFB merges with AU SFB; consolidation enhances distribution network
The merger is also expected to provide AU SFB with enhanced access to South India, significantly expanding its distribution network, the Jaipur-based lender said in a statement
 "Fincare SFB merges with AU SFB; consolidation enhances distribution network")
All Adani group stocks in high demand, Adani Energy jumps over 8%
Shares of Adani Energy Solutions jumped 8.40 per cent, NDTV zoomed 6.16 per cent, Adani Wilmar advanced 5.92 per cent, Adani Power surged 4.99 per cent
 "All Adani group stocks in high demand, Adani Energy jumps over 8%")
Equity market returns to 'normalise' this fiscal year, says Canara Robeco
Canara Robeco Mutual Fund manages around 880 billion rupees ($10.55 billion) of Indian equities
 "Equity market returns to 'normalise' this fiscal year, says Canara Robeco")
Sensex zooms 363 pts on 1st day of FY25, Nifty tops 22,450; SmallCap index rallies 3%
Stock market highlights on Monday, April 01: Among sectors, the Nifty Media index jumped 4.7 per cent, the Nifty Metal 3.62 per cent, and the Nifty Realty 4.21 per cent
 "Sensex zooms 363 pts on 1st day of FY25, Nifty tops 22,450; SmallCap index rallies 3%")
Bull run to continue for realty shares, analysts advise buying the dips
After a sharp rally in FY24, which has seen the Nifty Realty index soaring more than 128 per cent against a 26.7 per cent jump in the Nifty 50, any correction in the shares provides good buying opport
 "Bull run to continue for realty shares, analysts advise buying the dips")
SBI to L&T: NSE revises F&O lot size of derivative contracts for 54 stocks
Exchange has cut the lot size for the futures and options contracts of 42 stocks to half of the current lot sizes. The revised lot sizes will be effective from 26 April for expiries in May or later
 "SBI to L&T: NSE revises F&O lot size of derivative contracts for 54 stocks")
Stock markets closed for trading today on account of Good Friday
The holiday-shortened week witnessed only three days of trading as the equity markets were also closed on Monday, March 25, on account of Holi
 "Stock markets closed for trading today on account of Good Friday")
Strong showing: Markets end year of records on a high, Nifty rises 29%
Despite the recent selloff, the Nifty Smallcap 100 and the Nifty Midcap 100 indices gained 70 per cent and 60 per cent, respectively
 "Strong showing: Markets end year of records on a high, Nifty rises 29%")
Sebi cancels merchant bank registration of Karvy Investor Services
In April 2023, Sebi barred Karvy Investor Services from taking new clients for allegedly violating regulatory norms
 "Sebi cancels merchant bank registration of Karvy Investor Services")
This jewellery stock has zoomed over 300% in last 10 months on firm outlook
In the past 10 months, the market value of Kalyan Jewellers has jumped over four-fold or 305 per cent from a level of Rs 105.65 amid strong financial performance
 "This jewellery stock has zoomed over 300% in last 10 months on firm outlook")
Nifty rises 1,194 points to end FY24 on bullish note, Sensex jumps 655 pts
Extending its previous day's rally, the 30-share index jumped 655.04 points or 0.90 per cent to settle at 73,651.35. During the day, it zoomed 1,194 points or 1.63 per cent to 74,190.31
 "Nifty rises 1,194 points to end FY24 on bullish note, Sensex jumps 655 pts")
Investors subscribe SRM Contractors IPO 86.57 times on last day of bidding
The Rs 130.20 crore IPO received bids for 37,57,05,680 shares against 43,40,100 shares on offer, as per NSE data
 "Investors subscribe SRM Contractors IPO 86.57 times on last day of bidding")
Strong economy, steady inflows power Nifty to best fiscal since 2021
India's growth has also outpaced its Asian peers, with the domestic economy speeding towards growth of 7.6% in fiscal 2024, the fastest among large economies
 "Strong economy, steady inflows power Nifty to best fiscal since 2021")
Sensex ends 655 pts higher, Nifty reclaims 22,300; SBI, Bajaj twins shine
Market wrap on March 28, 2024: In the process, the BSE Sensex ended FY24 with a gain of 25 per cent, while the NSE Nifty 50 zoomed almost 29 per cent.
 "Sensex ends 655 pts higher, Nifty reclaims 22,300; SBI, Bajaj twins shine")
VIP Industries surges 13% after management unveils plans for FY25
VIP Industries was trading 12.5 per cent higher at Rs 523.65, as compared to 0.8 per cent gain in the S&P BSE Sensex
 "VIP Industries surges 13% after management unveils plans for FY25")
Smallcap stock zooms 10% as SBI MF buys 3% stake; HDFC MF holds 7% equity
Among non-promoter public shareholders, HDFC Mutual fund (via HDFC Balanced Advantage Fund) held 7.4 per cent stake in Savita Oil, according to data on BSE
 "Smallcap stock zooms 10% as SBI MF buys 3% stake; HDFC MF holds 7% equity")