Page 86 - Latest Updates on Stock Market
Travel portal Ixigo's parent firm files draft papers with Sebi to float IPO
Funds will be used to support inorganic growth through acquisitions, and for general corporate purposes
 "Travel portal Ixigo's parent firm files draft papers with Sebi to float IPO")
Vedanta's parent may sell $1 billion worth shares to GQG Partners: Report
Saddled with $6.4 bn in outstanding debt, including $4.5 bn payment due by fiscal 2025, Vedanta Resources has been attempting to shore up finances, including through recent debt restructuring
 "Vedanta's parent may sell $1 billion worth shares to GQG Partners: Report")
Sony plans IPO for financial arm in Oct 2025 after PS5 sales falter
The company revealed plans for the partial sale after reporting earnings and revising its forecasts for the fiscal year through March
 "Sony plans IPO for financial arm in Oct 2025 after PS5 sales falter")
Esconet Tech IPO to open on February 16, price band at Rs 80-84 per share
The issue will comprise a fresh issue of 33,60,000 equity shares with a face value of Rs 10 through the book-building route
 "Esconet Tech IPO to open on February 16, price band at Rs 80-84 per share")
Ipca Labs Q3 results: Profit up 67% at Rs 180 cr, revenue at Rs 2,053 cr
Revenue from operations rose to Rs 2,053 crore from Rs 1,546 crore in the year-ago period, Ipca Laboratories said in a regulatory filing
 "Ipca Labs Q3 results: Profit up 67% at Rs 180 cr, revenue at Rs 2,053 cr")
Crude oil prices hold firm on Opec demand forecast, US fuel stocks
Brent crude futures rose 6 cents, or 0.07%, to $82.83 a barrel by 0953 GMT. US West Texas Intermediate (WTI) crude futures were flat at $77.87
 "Crude oil prices hold firm on Opec demand forecast, US fuel stocks")
Sensex wipes off losses to close 268 pts higher; SBI surges 4%, BPCL 7%
Stock market highlights on February 14, 2024: Indian benchmarks Sensex and Nifty defied global market selloff, which came as US reported a hotter-than-expected rise in January retail inflation
 "Sensex wipes off losses to close 268 pts higher; SBI surges 4%, BPCL 7%")
Wall street analysts racing to boost targets of Nvidia after $560 bn rally
The chip giant's shares have surged 46% this year and added about $560 billion in market value as of Monday, when they closed at a record around $722
 "Wall street analysts racing to boost targets of Nvidia after $560 bn rally")
Sensex ends choppy session 483 pts up; banks, IT stocks rally, metals slide
Stock market updates on February 13, 2024: In the broader markets, indices swung between zones with the BSE MidCap and SmallCap indices, eventually, closing 0.6% and 0.18% up, respectively
 "Sensex ends choppy session 483 pts up; banks, IT stocks rally, metals slide")
Stocks to Watch today: GMR Airports, IRCTC, Paytm, HEG, Lemon Tree, PSUs
Stocks to watch on Tuesday, February 13, 2024: IRCTC, BHEL, Hindalco, National Aluminium, Siemens and Zee Entertainment are few of the prominent companies scheduled to announce Q3 results today.
 "Stocks to Watch today: GMR Airports, IRCTC, Paytm, HEG, Lemon Tree, PSUs")
Red-hot smallcaps, PSUs run into rough weather; Sensex falls 523 points
Profit-taking on valuation concerns triggers collapse
 "Red-hot smallcaps, PSUs run into rough weather; Sensex falls 523 points")
The listing dilemma
When deciding between listing in India and the US, founders should prioritise long-term considerations over listing price
 "The listing dilemma")
Inflation, industrial production data to drive market trends: Analysts
The last batch of the ongoing earnings calendar would trigger stock-specific action, traders said
 "Inflation, industrial production data to drive market trends: Analysts")
NSE Q3 results: Profit rises 8% to Rs 1,975 cr, income at Rs 3,517 cr
The consolidated income from operations stood at Rs 3,517 crore for the October-December quarter of the current financial year (2023-24), a surge of 25 per cent year-on-year, NSE said in a statement
 "NSE Q3 results: Profit rises 8% to Rs 1,975 cr, income at Rs 3,517 cr")
Mid, small-caps nurse losses as benchmarks stay rangebound; PSU stocks sink
Stock market highlights on February 9, 2024: Among sectors, the Nifty Metal index declined 1.5 per cent, followed by the Nifty Auto, and IT indices (0.4 per cent each)
 "Mid, small-caps nurse losses as benchmarks stay rangebound; PSU stocks sink")
BSE Mid & SmallCap indices sink 3%: What's driving the underperformance?
The broader market breadth was weak with 2,813 stocks declining and 823 gaining on the BSE
 "BSE Mid & SmallCap indices sink 3%: What's driving the underperformance?")
Walt Disney's stock soars on strong results ahead of face-off with Peltz
The entertainment giant issued an upbeat profit outlook for the year, giving Chief Executive Officer Bob Iger ammunition to deflect proxy challenges at its shareholder meeting this spring
 "Walt Disney's stock soars on strong results ahead of face-off with Peltz")
Rashi Peripherals IPO receives 3.19 times subscription on Day 2 of offer
The Initial Public Offer (IPO) received bids for 4,53,93,936 shares against 1,42,37,289 shares on offer, according to data available with the NSE
 "Rashi Peripherals IPO receives 3.19 times subscription on Day 2 of offer")
Capital Small Finance Bank IPO subscribed 1.19 times on day two of bidding
Those selling shares in the OFS include Oman India Joint Investment Fund II, American Capital, and Amicus Capital Private Equity
BoI MF aims to raise Rs 500 cr from multi-asset allocation fund in NFO
The new fund offer (NFO) of Bank of India Multi Asset Allocation Fund, which opened for subscription on February 7, will close on February 21
 "BoI MF aims to raise Rs 500 cr from multi-asset allocation fund in NFO")