Page 85 - Latest Updates on Stock Market
Juniper Hotels IPO receives 11% subscription on first day of offer
The category for Retail Individual Investors (RIIs) got subscribed 52 per cent while the quota for non-institutional investors received 6 per cent subscription, as per NSE data
 "Juniper Hotels IPO receives 11% subscription on first day of offer")
Sensex sinks 434 pts in fag-end, Nifty holds 22,050; ZEE tanks 14%
Stock market highlights on February 21, 2024: In the broader markets, the BSE MidCap index fell 1.27 per cent, while the BSE SmallCap index declined 0.84 per cent
 "Sensex sinks 434 pts in fag-end, Nifty holds 22,050; ZEE tanks 14%")
Orient Technologies files draft papers with Sebi to raise capital via IPO
Those offloading shares in the OFS are -- Ajay Baliram Sawant, Umesh Navnitlal Shah, Ujwal Arvind Mhatre, and Jayesh Manharlal Shah
 "Orient Technologies files draft papers with Sebi to raise capital via IPO")
Stocks to Watch today: Zee, Hindalco, RIL, Tata Power, Paytm, TVS Supply
Stocks to watch on Wednesday, February 21, 2024: In news today - Sebi finds Rs 2,000 cr fund diversion in Zee; Hindalco arm files IPO papers in US; Rolls Royce extends pact with TVS Supply Chain.
 "Stocks to Watch today: Zee, Hindalco, RIL, Tata Power, Paytm, TVS Supply")
Mutual funds make a dash for hybrid funds before financial year ends
PPFAS, Quantum, Mahindra Manulife among those to launch new products
 "Mutual funds make a dash for hybrid funds before financial year ends")
Whirlpool set to sell 24% of India stake for up to $451 mn via market deals
Goldman Sachs is advising Whirlpool on the deal, the term sheet showed. Goldman and Whirlpool did not immediately respond to requests for comment
 "Whirlpool set to sell 24% of India stake for up to $451 mn via market deals")
Goldman raises global equities to 'overweight' on economic growth prospects
"We expect growth to become a more important driver of risk appetite and equity/bond correlations should be more negative this year," Goldman said in a note dated Feb 16
 "Goldman raises global equities to 'overweight' on economic growth prospects")
Nifty hits fresh high, Sensex ends 282 pts higher; consumer durables rally
Stock market highlights on February 19, 2024: Nifty index leaps to a new lifetime high of 22,187 after crossing previous high of February 2, 2024
 "Nifty hits fresh high, Sensex ends 282 pts higher; consumer durables rally")
Stocks to Watch today: Airtel, Paytm, LIC, Bajaj Auto, Adani Group, HDFC Bk
Stocks to watch on Monday, February 19, 2024: Shares of Adani group are likely to be in focus as the group is said to be in advanced talks to raise up to $2.6 billion from sovereign funds.
 "Stocks to Watch today: Airtel, Paytm, LIC, Bajaj Auto, Adani Group, HDFC Bk")
Global trends to guide mkts this week amid lack of local triggers: Analysts
Crude oil prices, rupee movement and US Federal Reserve meeting minutes to be released this week will also influence the market sentiment
 "Global trends to guide mkts this week amid lack of local triggers: Analysts")
Q3 review: Listed AMCs on strong wicket but most positives factored in
The companies are likely to remain on the growth path in the coming quarters too, say brokerages
 "Q3 review: Listed AMCs on strong wicket but most positives factored in")
Sensex ends 376 pts up, Nifty above 22K; Auto stocks rally, SpiceJet up 11%
Stock market highlights on February 16, 2024: Sensex, Nifty gain for fourth day; Paytm snapped its three-day decline to close at the 5 per cent upper circuit
 "Sensex ends 376 pts up, Nifty above 22K; Auto stocks rally, SpiceJet up 11%")
Stocks to Watch today: IndiGo, ONGC, Oil India, Paytm, NBCC, SpiceJet, UPL
Stocks to watch on Friday, February 16, 2024: Oil producers to be in focus post windfall tax hike; Entero Healthcare to list debut today.
 "Stocks to Watch today: IndiGo, ONGC, Oil India, Paytm, NBCC, SpiceJet, UPL")
BSE cautions stock market investors against fake social media accounts
Such unscrupulous persons or entities masquerading as BSE are indulging into misusing the name and reputation of the exchange for their personal gains, the bourse said
 "BSE cautions stock market investors against fake social media accounts")
Juniper Hotels' Rs 1,800 crore IPO to open on for bidding on February 21
The maiden public issue will open for subscription on February 21 and close on February 23, the company said in a statement
 "Juniper Hotels' Rs 1,800 crore IPO to open on for bidding on February 21")
Sensex ends 228 pts higher, Nifty above 21900; M&M soars 7%, ZEEL dips 6%
Stock market highlights on February 15, 2024: Energy and oil & gas sector largecaps NTPC, Power Grid, BPCL and ONGC were among the top frontline gainers, closing 3-5 per cent up
 "Sensex ends 228 pts higher, Nifty above 21900; M&M soars 7%, ZEEL dips 6%")
Analysts hopeful for Hindalco despite Novelis' capex revised upwards
Analysts maintained consensus 'buy' rating on Hindalco though the stock lost over 12 per cent post Q3 on Tuesday, mainly due to the sharp increase in Novelis' capex, and ended flat on Wednesday
 "Analysts hopeful for Hindalco despite Novelis' capex revised upwards")
Smallcap selloff weighs on sentiment causing dull debut for new listings
Jana, Capital Small Finance Bank slip below IPO price
 "Smallcap selloff weighs on sentiment causing dull debut for new listings")
Mutual Funds' Rs 13k cr balm as FPIs bleed out HDFC Bank in January
MFs bought 88.2 million shares in January after selling 53.3 million shares during the November-December period
 "Mutual Funds' Rs 13k cr balm as FPIs bleed out HDFC Bank in January")
Investors subscribe Vibhor Steel Tubes IPO 101 times on day 2 of bidding
The IPO received bids for 36,39,20,733 shares against 35,92,445 shares on offer, garnering a 101.30 times subscription, as per NSE data