Page 95 - Latest Updates on Stock Market
Indices at record highs! Sensex soars 702 pts, tops 72K; Nifty holds 21,650
Closing Bell on December 27, 2023: Healthy buying in HDFC Bank, Infosys, Bharti Airtel, Ultratech Cement, L&T, Tata Motors, ICICI Bank, SBI, Axis Bank, and M&M lifted the benchmark indices
 "Indices at record highs! Sensex soars 702 pts, tops 72K; Nifty holds 21,650")
Market holiday: BSE and NSE to remain closed today on account of Christmas
Indian exchanges like NSE, BSE, MCX, and the bond market will remain shut on the account of Christmas, this is the last market holiday on a trading day in this calendar year
 "Market holiday: BSE and NSE to remain closed today on account of Christmas")
TMS Ep592: Electric vehicles, stock markets 2023, Santa rally, Blue Origin
Will 2024 be the year of EVs? What led to the rise of stock markets in 2023? Is the Santa rally over in the markets? What is Blue Origin? All answers here
 "TMS Ep592: Electric vehicles, stock markets 2023, Santa rally, Blue Origin")
Asian fund managers more bullish on equities: Bank of America Survey
The return expectations are based on above-par earnings and supportive policy
 "Asian fund managers more bullish on equities: Bank of America Survey")
Motilal Oswal smallcap collects Rs 1,350 crore during new fund offering
According to the fund house, over 150,000 investors subscribed to the NFO, putting in an average of Rs 85,000
 "Motilal Oswal smallcap collects Rs 1,350 crore during new fund offering")
Sensex ends choppy day 242pts up, Nifty near 21,350; realty, IT stocks soar
Closing Bell on Friday December 22: The BSE MidCap and SmallCap indices outran the benchmarks with 0.74 per cent and 1 per cent gains, respectively
 "Sensex ends choppy day 242pts up, Nifty near 21,350; realty, IT stocks soar")
Stocks to Watch: Adani Green, LIC, Tata Motors, Zomato, Railtel, Allcargo
Stocks to watch on December 22, 2023: The BSE and NSE have approved the cancellation of 'A' ordinary shares (DVR) of Tata Motors
 "Stocks to Watch: Adani Green, LIC, Tata Motors, Zomato, Railtel, Allcargo")
Sensex soars 359pts, Nifty tops 21,250 amid broad buying; Inox India up 41%
Closing Bell on Thursday December 21: In the broader markets, the BSE MidCap and SmallCap indices outpaced frontline indices as they climbed 1.6 per cent and 1.69 per cent, respectively
 "Sensex soars 359pts, Nifty tops 21,250 amid broad buying; Inox India up 41%")
Sensex tumbles 931 pts, Nifty holds 21,150; SmallCap index sheds 3.4%
Closing Bell on Wednesday December 20: Sectorally, the Nifty Media index tumbled 4.86 per cent, the Nifty PSU Bank index 4.2 per cent, the Nifty Metal 4 per cent
 "Sensex tumbles 931 pts, Nifty holds 21,150; SmallCap index sheds 3.4%")
Stocks to Watch: SpiceJet, Embassy REIT, BPCL, Nippon AMC, DOMS, Varun Bev
Stocks to Watch on December 20, 2023: Mumbai-based businessman Harihara Mahapatra and his wife Preeti are likely to invest Rs 1,100 crore in SpiceJet for a 19 per cent stake
Sensex, Nifty hit new record highs on firm global trends, buying in FMCG
Buying in FMCG, oil and gas, power and select banking shares supported the recovery while losses in IT and auto shares capped gains, analysts said
 "Sensex, Nifty hit new record highs on firm global trends, buying in FMCG")
Banks lead QIP revival in 2023: Listed cos raised Rs 53,070 cr so far
Seven lenders account for 40% of the Rs 53,070 crore raised via QIPs this year so far
 "Banks lead QIP revival in 2023: Listed cos raised Rs 53,070 cr so far")
High valuations may cap further rally in IRCTC stock despite good revenue
At trailing PE of 65x it seems to fully discount future growth and visibility of good revenue streams
 "High valuations may cap further rally in IRCTC stock despite good revenue")
Sensex gains 122 pts amid fag-end buying; Coal India rises 6%, Nestle 5%
Closing Bell on Tuesday December 19: Among sectors, the Nifty FMCG index rose 1.4 per cent , followed by the Nifty PSU Bank (up 0.8 per cent)
 "Sensex gains 122 pts amid fag-end buying; Coal India rises 6%, Nestle 5%")
India's IPO momentum seen growing on prospects of political stability
India's share of global IPO proceeds is at an all-time high of 5.98%, Dealogic says, almost doubling in 2 years, while its share of Asia IPO proceeds has also grown to 9.9% this year from 5.9% in 2018
 "India's IPO momentum seen growing on prospects of political stability")
Share-sale frenzy in Indian market seen continuing in 2024, say bankers
Initial public offerings and follow on share sales in India this year exceeded Hong Kong for the first time in at least 30 years, according to data compiled by Bloomberg
 "Share-sale frenzy in Indian market seen continuing in 2024, say bankers")
Stocks to Watch: Nestle, Zee Ent, Apollo Tyres, Sun Pharma, JTL Ind, NHPC
Stocks to Watch on December 19, 2023: Nestle set Jan 5 as the record date for its stock-split; Sony India is unlikely to extend the timeline for its merger with Zee Entertainment, reported Livemint
'Exceptional': Nifty likely to end at 21,834 in 2024, says Kotak Securities
The brokerage said several factors in the next few months would set the tone for the global and Indian markets in the first half of next year
 "'Exceptional': Nifty likely to end at 21,834 in 2024, says Kotak Securities")
Rural penetration, capacity gains to drive Varun Beverages' growth
The double-digit growth of the company is better than FMCG peers
 "Rural penetration, capacity gains to drive Varun Beverages' growth")
Sebi streamlines regulations for accredited investor registration
The market regulator said that accreditation agencies will be able to grant certification solely based on the Know-Your-Customer (KYC) and financial information of the applicants
 "Sebi streamlines regulations for accredited investor registration")