Page 96 - Latest Updates on Stock Market
Sensex falls 169 pts, Nifty holds 21,400 as indices pause rally; banks weak
Closing Bell on Monday December 18: In the broader markets, however, the BSE MidCap and SmallCap indices shut shop in the positive territory
 "Sensex falls 169 pts, Nifty holds 21,400 as indices pause rally; banks weak")
Stocks to Watch today: Zee, Sun Pharma, Lupin, NTPC, PCBL, Care Ratings
Stocks to watch on Monday, December 18, 2023: Shares of Zee Entertainment are likely to be in focus as company seeks an extension to complete the proposed merger with Sony India.
 "Stocks to Watch today: Zee, Sun Pharma, Lupin, NTPC, PCBL, Care Ratings")
India's market cap now just a whisker away from toppling Hong Kong's
A significant portion of Hong Kong's market cap is due to companies from Mainland China choosing to list in the city
 "India's market cap now just a whisker away from toppling Hong Kong's")
At Rs 3 trillion, corporate guarantees highest in 4 years but far from peak
Despite this steep rise, total outstanding corporate guarantees are still 28 per cent lower than the record high of Rs 4.23 trillion at the end of FY14
 "At Rs 3 trillion, corporate guarantees highest in 4 years but far from peak")
Nifty IT logs biggest two-day gain since July 2020; Sensex soars past 71K
Bellwether stocks Tata Consultancy Services, Infosys, and HCL Technologies each witnessed a 5 per cent jump on Friday, accounting for over half of the market gains
 "Nifty IT logs biggest two-day gain since July 2020; Sensex soars past 71K")
Stocks to Watch: PVR Inox, Hero Moto, Jupiter Wagon, Texrail, eYantra, Ami
Stocks to Watch on December 15, 2023: eYantra has received a staffing service order worth $900,000 from Nvidia; Plenty Pvt Group & Multiples Pvt Group may sell 2.3% stake in PVR Inox
 "Stocks to Watch: PVR Inox, Hero Moto, Jupiter Wagon, Texrail, eYantra, Ami")
Charts signal strength in Exide; Bull Spread Strategy ideal for Dec expiry
Long build up was seen in Exide Futures on Thursday where Open Interest rose by 9 per cent (Prov) and the stock gained 3.20 per cent
 "Charts signal strength in Exide; Bull Spread Strategy ideal for Dec expiry")
Cryogenic tank maker Inox India IPO subscribed 2.78 times on debut
Leading cryogenic tank manufacturer Inox India has over 30 years of experience offering solutions across the design, manufacturing, and installation of equipment and systems for cryogenic conditions
Sensex up 930 pts, Nifty tops 21,150 as Fed sounds dovish; IT, Realty soar
Closing Bell on December 14, 2023: At close, the Sensex index stood at 70,514, up 930 points or 1.34 per cent, while the Nifty50 settled 256 points, or 1.23 per cent, higher at 21,183
 "Sensex up 930 pts, Nifty tops 21,150 as Fed sounds dovish; IT, Realty soar")
US Fed keeps policy rates unchanged for 3rd time: Here're 5 key takeaways
A near unanimous 17 of 19 Fed officials project that the policy rate will be lower by the end of 2024 than it is now
 "US Fed keeps policy rates unchanged for 3rd time: Here're 5 key takeaways")
Market cap of BSE-listed firms jumps to record high of Rs 354.41 trillion
Global markets rallied after the US Federal Reserve kept its key interest rate unchanged and signalled that they expect to make three quarter-point cuts to their benchmark interest rate next year
 "Market cap of BSE-listed firms jumps to record high of Rs 354.41 trillion")
Stocks to Watch: IRCTC, Fusion, Ultratech, Uno Minda, NBCC, SBI, RBL Bank
Stocks to Watch on December 14, 2023: IRCTC is eyeing a major expansion in the non-railway catering business
 "Stocks to Watch: IRCTC, Fusion, Ultratech, Uno Minda, NBCC, SBI, RBL Bank")
Stock markets settle marginally higher on late buying; L-T, RIL advance
Among the Sensex firms, NTPC, Power Grid, Mahindra & Mahindra, Larsen & Toubro, Sun Pharma, State Bank of India, Titan and Tata Steel were the major gainers
 "Stock markets settle marginally higher on late buying; L-T, RIL advance")
Sensex, Nifty end mildly higher amid fag-end buying ahead of Fed outcome
Closing Bell on December 13, 2023: The broader market space remained upbeat with the BSE MidCap and SmallCap indices ending 1.06 per cent and 0.73 per cent higher, respectively.
Stocks to Watch: Wipro, Laurus Labs, Axis Bank, SRF, KIOCL, CGDs, BoB
Stocks to Watch on December 13, 2023: PE giant Bain Capital is likely to sell up to 1.1 per cent stake in Axis Bank via a block deal, reported Moneycontrol
 "Stocks to Watch: Wipro, Laurus Labs, Axis Bank, SRF, KIOCL, CGDs, BoB")
Sebi tweaks rule on upstreaming clients' funds by brokers to clearing corps
This came after Sebi received representations from various stakeholders -- stock brokers, and brokers' associations citing certain operational difficulties in implementation of the framework
 "Sebi tweaks rule on upstreaming clients' funds by brokers to clearing corps")
This asset has beaten others hands down in 2023 with a rise of 165%
A positive for Bitcoin over the next few months is the expectation that the BlackRock application to launch a Bitcoin spot ETF is likely to be approved soon
 "This asset has beaten others hands down in 2023 with a rise of 165%")
Crisis-hit SpiceJet to raise Rs 2,250 crore through equity shares
The proposed fund infusion will go a long way in enhancing product presence and market reach as well as provide a deep financial foundation, the airline said.
 "Crisis-hit SpiceJet to raise Rs 2,250 crore through equity shares")
Sensex drops 378 pts, Nifty holds 20,900; realty, pharma slide; metals up
Closing Bell on December 12, 2023: Sun Pharma, Maruti Suzuki, Titan, NTPC, Reliance Industries, L&T, M&M, IndusInd Bank were some of the top large-cap losers
 "Sensex drops 378 pts, Nifty holds 20,900; realty, pharma slide; metals up")
Desperate retail investors drive India's futures and options craze
The Securities and Exchange Board of India's crackdown on social-media influencers peddling advice is a losing battle.
 "Desperate retail investors drive India's futures and options craze")