Page 1098 - Markets News
Sebi board may ease IPO norms, approve same-day settlement framework
Exemption to certain FPIs from granular disclosures, passive funds from single co exposure also on anvil
 "Sebi board may ease IPO norms, approve same-day settlement framework")
Small, midcap stocks sink further to log their biggest fall in two years
Analysts said elevated valuations in the small and mid-cap segment have been a concern for a while, but the strong message and the recent action by the regulator intensified the selling pressure
 "Small, midcap stocks sink further to log their biggest fall in two years")
JG Chemicals makes weak market debut following IPO, shares decline 17%
The stock made its debut at Rs 211, lower by 4.52 per cent, from the issue price on the BSE. During the day, it tanked 18 per cent to Rs 181.20. Shares of the company ended at Rs 184.65, down 16.44%
 "JG Chemicals makes weak market debut following IPO, shares decline 17%")
Sensex plunges 906 pts, Nifty below 22K; Investors lose Rs 21 trn in 3 days
Stock market highlights on March 13: The BSE m-cap has plummeted by Rs 20.69 trillion in three days
 "Sensex plunges 906 pts, Nifty below 22K; Investors lose Rs 21 trn in 3 days")
Sensex sheds 906 pts, Nifty below 22K: Key factors behind today's crash
Stock market updates: In the broader markets, the BSE SmallCap index plunged 5.1 per cent, and the BSE MidCap declined 4.5 per cent. In three days, the BSE m-cap has plunged by Rs 20.69 trillion
 "Sensex sheds 906 pts, Nifty below 22K: Key factors behind today's crash")
Bear Hammering: Paytm, Adani Power among 1,010 stocks at lower circuit
As many as 1,010 stocks were locked at their respective lower circuit on the BSE in late noon deals on Wednesday amid the broader market sell-off.
 "Bear Hammering: Paytm, Adani Power among 1,010 stocks at lower circuit")
Exide, UTI AMC: 5 SmallCaps that hold promise in this market correction
Godfrey Phillips has been one of the key outperformers among SmallCaps thus far in 2024; presently the stock is seen testing support at its trend line, shows daily chart.
 "Exide, UTI AMC: 5 SmallCaps that hold promise in this market correction")
CPSE index plunges 6%; Rites, IRFC, RVNL, Hudco, MTNL, IRCON tank up to 12%
Despite today's decline, in the past six months, the CPSE index has outperformed the market by surging 47 per cent, as compared to 8 per cent rise in the BSE Sensex
 "CPSE index plunges 6%; Rites, IRFC, RVNL, Hudco, MTNL, IRCON tank up to 12%")
Foreign inflows into index-eligible India bonds set to hit $10 billion
Investments into index-eligible Fully Accessible Route bonds have risen by Rs 81,218 crore ($9.8 billion) since the announcement in September, data from the Clearing Corp. of India show
 "Foreign inflows into index-eligible India bonds set to hit $10 billion")
23 IPOs hit lowest level since listing; 13 fall below issue price
Credo Brands Marketing, ASK Automotive, Flair Writing Industries, Rishabh Instruments, and TVS Supply Chain Solutions fell below their issue prices
 "23 IPOs hit lowest level since listing; 13 fall below issue price")
Govt bond yields seen higher tracking US peers on inflation uptick
The benchmark 10-year yield is expected to drift in the 7.03 per cent-7.07 per cent range, following its previous close of 7.0274 per cent, a trader with a private bank said.
ITC surges 9% in best single-day rally since April 2020 on BAT's stake sale
ITC's stock reported its sharpest intra-day rally since April 3, 2020 when it had surged nearly 10 per cent
 "ITC surges 9% in best single-day rally since April 2020 on BAT's stake sale")
Register alternate bank for trading as Paytm deadline nears, BSE warns investors
If you've been using your Paytm Payments Bank (PPBL) account for your trading activities, it's time to consider adding another bank account to your setup
 "Register alternate bank for trading as Paytm deadline nears, BSE warns investors")
Stocks to Watch, March 13: ITC, JG Chem, Signatureglobal, Vedanta, HG Infra
Stocks to Watch on Wednesday, March 13, 2024: British American Tobacco (BAT) may sell up to 3.5 per cent stake in ITC by way of block deals on Wednesday
 "Stocks to Watch, March 13: ITC, JG Chem, Signatureglobal, Vedanta, HG Infra")
Foreign fund flows to India derivatives swell amid regulator scrutiny
"India has long been a favoured market based on economic growth, but given the downdraft in China this has been emphasised in the last year or so," said Joshua Crabb, a fund manager
 "Foreign fund flows to India derivatives swell amid regulator scrutiny")
India's rising valuations prompt foreign companies to sell holdings
The companies are seeking to capitalise on India's equity valuations which are among the most expensive in the world after eight years of annual gains
 "India's rising valuations prompt foreign companies to sell holdings")
Nifty Bank weak on charts, Nifty Private Bank rangebound: Check key levels
To capitalize on the prevailing downtrend in Nifty Bank, traders are recommended to sell, book profits, or establish short positions only when the index breaks below 46,864, said Ravi Nathani
 "Nifty Bank weak on charts, Nifty Private Bank rangebound: Check key levels")
Sebi probing smallcaps a warning bell for microcaps; time to exit: Analysts
Analysts expect volatility in micro-cap stocks to continue in the near-term. They recommend limiting exposure to the segment
Smallcaps slip into 'correction' zone; index down 10% from February
The drop in the smallcap index comes even as the benchmark Nifty logged a fresh record high in an earlier session
 "Smallcaps slip into 'correction' zone; index down 10% from February")
Market regulator Sebi to erect 'building blocks' to wall in finfluencers
Sebi to soon issue norms on performance validation agencies
 "Market regulator Sebi to erect 'building blocks' to wall in finfluencers")