Page 25 - Samie Modak

Street signs: FTSE boost for HDFC Bank, arbitrage gains in Bajaj, and more

Two-wheeler major Bajaj Auto has set February 29 as the record date for its Rs 4,000 crore buyback

MSCI rebalancing exercise likely to drive $1 billion in domestic stocks

Despite the positive trigger, shares of NHPC, NMDC, PNB and Bhel fell sharply on Monday amid a broad-based selling in shares of PSUs

Street signs: ITC's drag, Indiabulls high rollers, Paytm Money urgency

The foreign direct investment cap in ITC means that BAT cannot directly sell to another foreign entity

Trading turnover: Indian markets at highest ever against Hong Kong

Analysts say trend underscores the shift in investor sentiment

Tax implications likely to influence Hyundai's decision to list Indian arm

Hyundai Motor is exploring an initial public offering (IPO) of its Indian unit to raise around $3 bn (at a valuation of up to $30 bn), according to sources

Demat addition, trading turnover point to robust investor sentiment

Activity underpinned by buoyancy in underlying secondary as well as the primary markets

Street signs: Nifty's potential soars, a mixed bag in IPO GMPs, and more

While it is almost certain that UPL will be dislodged by Shriram Finance in the National Stock Exchange Nifty50 Index, the position of Bharat Petroleum Corporation (BPCL) could also be at risk

Equity markets tread K-shaped path, India's mcap to touch Rs 380 trn

Meanwhile, the broader markets showed no signs of cooling off despite concerns about frothy valuations

FPI lobby Asifma flags concerns over Sebi's proposed T+0 settlement cycle

'Two settlement cycles could lead to liquidity fragmentation, deterioration of market quality'

Large shareholders may nudge Zee Entertainment board on action plan

Share prices of Zee nosedived after collapse of its merger agreement with Sony Pictures Networks

Street signs: P-notes surge, grey market frenzy, and Zee exposure trim

Shares of BLS E-Services, an e-governance services enabler, are in high demand in the grey market ahead of its Rs 311 crore initial public offering (IPO)

MSCI's finest hour: PSU quartet ready to conquer the global stage

Meanwhile, Zomato, Coal India, and HDFC Asset Management Company are likely to experience an increase in their weighting due to a rise in their free-float market capitalisation

Religare shares gain 4.6% after CCI approves Burman stake buy in company

Currently, The Burman family is the single-largest shareholder in Religare, with a 21.2 percent stake

Zee nosedives 30% in worst single-day fall after Sony scraps deal

After the deal with Sony was terminated, nearly half a dozen brokerages downgraded Zee's stock while lowering the earnings multiple assigned to the cash-strapped company

Analysts downgrade Zee Entertainment stock after Sony deal falls through

In a note, Elara has said the stock could slip to as low as Rs 130, while Nuvama Institutional Equities believes the stock could slip below Rs 200

Street Signs: A case for PSU share sales, Nova Agri GMP at 50%, and more

The promoter shareholding in Jio Financial Services, a unit spun off from Reliance Industries, has edged higher for a second straight quarter

Nifty50 may see one change, Next50 seven in March rejig, shows data

The cutoff date for calculating the changes to various Nifty indices is January 31. The index provider typically announces the outcome of the rebalancing exercise during the second half of February

Holidays, live telecast of Ram Mandir event: Stage set for a Ramayana redo

The excitement around the Ram Mandir consecration is building up and it's spreading across the country - from housing societies, temples to schools

HDFC Bank's ADR premium shrinks to nearly zero as FPIs turn bearish

Analysts scale back earnings growth estimates for the private sector lender

Broking firm Upstox's revenue surges 44% to Rs 1,000 crore in FY23

It generated Rs 200 crore in operating cash during the last two quarters ended December 2023