Page 87 - Latest Updates on Stock Market
Stocks to Watch today, Feb 8: Banks, Auto, Zomato, Adani Ports, LIC, TCP
Stocks to Watch on Thursday, February 8: Shares of banking and finance, auto, housing, and real estate will be in focus as the Reserve Bank of India is set to announce the decision of it's MPC meeting
 "Stocks to Watch today, Feb 8: Banks, Auto, Zomato, Adani Ports, LIC, TCP")
China replaces top securities regulator as Xi Jinping tries to end rout
The shift comes after Chinese authorities struggled to halt a selloff in the world's second-largest stock market with piecemeal support measures over the past few months
 "China replaces top securities regulator as Xi Jinping tries to end rout")
Sebi proposes ways for deregistered offshore funds to dispose of securities
A discussion paper is the first step taken by the Securities and Exchange Board of India (SEBI) before it finally changes its rules for market entities
 "Sebi proposes ways for deregistered offshore funds to dispose of securities")
Stock markets settle flat in volatile trade ahead of RBI's rate decision
The 30-share BSE Sensex declined 34.09 points or 0.05 per cent to settle at 72,152. During the day, it hit a high of 72,559.21 and a low of 71,938.22
 "Stock markets settle flat in volatile trade ahead of RBI's rate decision")
Nykaa Q3 review: Analysts cut Ebitda estimates on weak discretionary demand
Nykaa stock outlook: Q3FY24 Ebitda missed forecasts as weak demand weighed across line items
 "Nykaa Q3 review: Analysts cut Ebitda estimates on weak discretionary demand")
China's stock exchanges restrict share selling by some hedge funds
They appear to be now targeting the private fund sector, particularly hedge funds using quantitative trading strategies that typically involve short-selling
 "China's stock exchanges restrict share selling by some hedge funds")
TRF zooms 20%, Tata Steel nears record high on calling off merger plan
In the past two trading days, the stock of the Tata Group firm has zoomed 29 per cent. Currently, it is trading at its highest level since September 2022
 "TRF zooms 20%, Tata Steel nears record high on calling off merger plan")
Stocks to Watch today, Feb 7: Nykaa, ONGC, UPL, Britannia, Biocon, Paytm
Stocks to Watch on Wednesday, February 7, 2024: The parent company of Nykaa nearly doubled its consolidated net profit to Rs 16.2 crore during Q3FY24
 "Stocks to Watch today, Feb 7: Nykaa, ONGC, UPL, Britannia, Biocon, Paytm")
Sebi issues guidelines for returning draft document of public issues
Sebi has asked to avoid legal and technical terminology and also directed to clarify technical and complex terms used to explain the business of the issuer company in the document
Investors subscribe Park Hotels IPO 5.82 times on second day of offer
The Rs 920 crore-IPO received bids for 20,21,97,696 shares against 3,47,61,903 shares on offer, as per NSE data
 "Investors subscribe Park Hotels IPO 5.82 times on second day of offer")
Sensex surges 455 pts, Nifty tops 21,900; IT index jumps 3%, YES Bank 12%
Stock market highlights on February 6, 2024: The Nifty Auto, Metal, and Pharma added over 1 per cent each
 "Sensex surges 455 pts, Nifty tops 21,900; IT index jumps 3%, YES Bank 12%")
Stocks to Watch today, Feb 6:Paytm, BLS E-Services, Adani Power, ZEE, Nykaa
Stocks to Watch on Tuesday, February 6, 2024: Paytm has denied reports about investigation or violation of foreign exchange rules
 "Stocks to Watch today, Feb 6:Paytm, BLS E-Services, Adani Power, ZEE, Nykaa")
China tightens some trading restrictions for domestic, offshore investors
Some quantitative hedge funds meanwhile were banned from placing sell orders completely starting Monday, while others were barred from cutting stock positions in their leveraged market-neutral funds
 "China tightens some trading restrictions for domestic, offshore investors")
Nvidia eyes fresh record as Goldman Sachs bullish on AI prospects
The stock rose 3.4% to $683.80 in premarket trading and looked set to add about $55 billion to the company's market capitalization. It was valued at $1.63 trillion as of Friday's close
 "Nvidia eyes fresh record as Goldman Sachs bullish on AI prospects")
Apeejay Surrendra Park Hotels IPO subscribed 2.52 times on Day 1 of bidding
The Rs 920 crore IPO received bids for 8,75,33,280 shares against 3,47,61,903 shares on offer, as per NSE data
BSE Q3 results: Profit doubles to Rs 108 cr, revenue up 76% at Rs 431 cr
In comparison, the exchange had posted a net profit of Rs 51.6 crore in the year-ago period, BSE said in a statement
 "BSE Q3 results: Profit doubles to Rs 108 cr, revenue up 76% at Rs 431 cr")
Sensex drops 354 pts in fag-end, Nifty below 21,800; RIL, Airtel weigh
Stock market highlights on February 5: Among sectors, the Nifty Pharma, and Auto indices rallied over 1 per cent each
RBI interest rate decision, global trends to dictate stock mkts: Analysts
The trading activity of foreign investors and the movement of global oil benchmark Brent crude would also dictate trends in equities
 "RBI interest rate decision, global trends to dictate stock mkts: Analysts")
Northern Arc Capital files IPO papers with Sebi; to raise Rs 500 crore
Proceeds from the fresh issue will be used to meet future capital requirements of the company towards onward lending
 "Northern Arc Capital files IPO papers with Sebi; to raise Rs 500 crore")
BSE, NSE cut daily trading limit on Paytm shares to 10% after market rout
The new 10% limits will be applicable from Monday, the Bombay Stock Exchange and the National Stock Exchange said on their websites