Page 81 - Latest Updates on Stock Market
Share of women investors in mutual funds grows to 21% in Dec 2023: Report
The overall asset under management in mutual funds crossed the Rs 50 lakh crore-mark in February this year as a large number of passive investors are flocking to mutual funds to save and earn more
 "Share of women investors in mutual funds grows to 21% in Dec 2023: Report")
Rakesh Gangwal sells shares of InterGlobe Aviation worth Rs 6,785 crore
InterGlobe Aviation's promoter Rakesh Gangwal on Monday sold shares worth Rs 6,785 crore of the company through open market transactions.
 "Rakesh Gangwal sells shares of InterGlobe Aviation worth Rs 6,785 crore")
Jio Financial rallies 8%, hits new high on heavy volumes in weak market
In the past two months, the stock price of JFS has appreciated by nearly 50 per cent
 "Jio Financial rallies 8%, hits new high on heavy volumes in weak market")
Sensex sinks 617 pts, Nifty ends at 22,333; BSE SmallCap, SBI tank 2% each
Stock market highlights on March 11, 2024: Sensex, Nifty end with sharp losses; BSE smallcap index, SBI sink 2 per cent each
 "Sensex sinks 617 pts, Nifty ends at 22,333; BSE SmallCap, SBI tank 2% each")
Torrent Power surges 13% on winning 306 MW solar power project
The project is to be commissioned within the next 18 months at an estimated cost of Rs 1,540 crore
 "Torrent Power surges 13% on winning 306 MW solar power project")
Stocks to watch: Torrent Power, Vedanta, InterGlobe Aviation, Coal India
Stocks to watch on March 11, 2024: Equity benchmark indices Sensex and Nifty are expected to start on a tepid note ahead of weak global cues.
 "Stocks to watch: Torrent Power, Vedanta, InterGlobe Aviation, Coal India")
Prudential Management and Services sells 0.7% stake in M&M for Rs 1,778 cr
The shares were disposed of at an average price of Rs 1,912.04 apiece, taking the deal size to Rs 1,778.19 crore
 "Prudential Management and Services sells 0.7% stake in M&M for Rs 1,778 cr")
Investors subscribe Gopal Snacks IPO 1.39 times on Day 2 of bidding
The initial share sale received bids for 1,66,83,337 shares against 1,19,79,993 shares on offer, as per NSE data
 "Investors subscribe Gopal Snacks IPO 1.39 times on Day 2 of bidding")
Investors subscribe JG Chemicals IPO 27.78 times on last day of offer
The Rs 251.2 crore IPO received bids for 22,69,11,245 shares against 81,68,714 shares on offer, according to data available with the NSE
 "Investors subscribe JG Chemicals IPO 27.78 times on last day of offer")
Sebi bars JM Financial from acting as lead manager of any public debt issue
This came days after the Reserve Bank barred JM Financial Products Ltd from providing any form of financing against shares and debentures
 "Sebi bars JM Financial from acting as lead manager of any public debt issue")
Sensex, Nifty end flat post range-bound day; Smallcaps shine; banks weigh
Stock market highlights on March 7, 2024: Among top large-cap gainers, Tata Steel, JSW Steel, Bajaj Finserv, Tata Motors, Bajaj Finance, ITC, Asian Paints, Neslte India, and TCS gained over 1%
 "Sensex, Nifty end flat post range-bound day; Smallcaps shine; banks weigh")
Bajaj Auto hits new high; rallies 12% in one week after robust Feb sales
The sharp run-up in Bajaj Auto's stock has led to the company crossing Rs 2.5 trillion in market cap for the first time today
 "Bajaj Auto hits new high; rallies 12% in one week after robust Feb sales")
Coal India, BHEL may sizzle on this announcement by govt; details here
Stocks to Watch on March 7: The Ministry of Coal has issued three draft request for proposals (RFPs) for consultation on coal gasification scheme
 "Coal India, BHEL may sizzle on this announcement by govt; details here")
Stocks to watch: Infosys, LIC, NLC India, Mukka Proteins, Zomato
Stocks to track on March 07, 2024: Mukka Proteins is set to make its stock market debut on Thursday at an issue price of Rs 28 per share
 "Stocks to watch: Infosys, LIC, NLC India, Mukka Proteins, Zomato")
Sebi introduces settlement third scheme on illiquid stock option cases
The scheme will commence on March 11 and conclude on May 10, the Securities and Exchange Board of India (Sebi) said in a statement
 "Sebi introduces settlement third scheme on illiquid stock option cases")
Sensex ends atop 74,000, Nifty 22,450 for 1st time; Smallcap index down 2%
Stock market highlights on March 6, 2024: The BSE benchmark hit a record high of 74,151, while the Nifty50 claimed 22,497 intraday
 "Sensex ends atop 74,000, Nifty 22,450 for 1st time; Smallcap index down 2%")
Motherson tanks 6% as promoter sells 4.4% stake; to dilute holding further
SWS said it intends to further dilute its remaining stake in Motherson over a medium to long term duration as the latter's diversified business lines are not its core areas of focus and expertise
 "Motherson tanks 6% as promoter sells 4.4% stake; to dilute holding further")
JM Financial tanks 19% as RBI bars it from lending against shares, bonds
RBI barred JMFPL from financing of share of shares or debentures owing to violations and lapses
 "JM Financial tanks 19% as RBI bars it from lending against shares, bonds")
Stocks to watch: Wipro, JM Financials, JSW Energy, NHPC, Zomato, Aavas Fin
Stocks to watch on 06, March, 2024: Wipro is set to acquire a 27 per cent stake in SDVerse LLC, aiming to enhance its leadership in software-defined vehicle and cloud car engineering services.
 "Stocks to watch: Wipro, JM Financials, JSW Energy, NHPC, Zomato, Aavas Fin")
Breakout stocks: JK Lakshmi Cement, Karnataka Bank can zoom up to 8% ahead
There has been a breakout in Karnataka Bank from downward sloping trend line on the daily chart. Price breakout is accompanied by rising volumes, as per Vijay Rajani
 "Breakout stocks: JK Lakshmi Cement, Karnataka Bank can zoom up to 8% ahead")