Page 1114 - Markets News
Debt mutual funds prosper in wake of Interim Budget yield decline
Gilt and dynamic fund investors reap nearly Rs 330 crore in gains, reveals estimates
 "Debt mutual funds prosper in wake of Interim Budget yield decline")
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
 "Street signs: Nifty's potential soars, a mixed bag in IPO GMPs, and more")
M-cap of 8 of top-10 most valued firms climb Rs 2.90 trn, Reliance shines
The market capitalisation (mcap) of Reliance Industries jumped Rs 1,38,290.85 crore to reach Rs 19,72,028.45 crore. Shares of the company jumped 7.54 per cent last week
 "M-cap of 8 of top-10 most valued firms climb Rs 2.90 trn, Reliance shines")
FPIs investment in debt market over 6-year high at Rs 19,800 cr in January
This was the highest inflow since June 2017, when they infused Rs 25,685 crore
 "FPIs investment in debt market over 6-year high at Rs 19,800 cr in January")
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
 "BSE, NSE cut daily trading limit on Paytm shares to 10% after market rout")
CPSE stocks on a roll; BEML Land, NBCC, Engineers India rally up to 20%
According to SBI Capital Markets (SBICAPS), the enhanced profitability of public sector banks (PSBs) and CPSE is anticipated to contribute to improved dividend payouts
 "CPSE stocks on a roll; BEML Land, NBCC, Engineers India rally up to 20%")
Despite Q3 margin miss, Street remains positive on Titan's prospects
Analysts remain cautious about near-term consumption trend
 "Despite Q3 margin miss, Street remains positive on Titan's prospects")
Sebi panel for abolishing security deposit requirement in public issues
In the consultation paper issued by Sebi, the committee suggested that the requirement of 1 per cent security deposit for public or rights issues may be done away with
 "Sebi panel for abolishing security deposit requirement in public issues")
Sebi mulls revamping nominations framework to reduce unclaimed assets
Sebi noted that the primary factors contributing to the increase in unclaimed assets are incomplete nominations or unavailability of nominations for financial assets in the securities markets
Sebi bars Shares Bazaar Alternative Investment Fund from raising funds
Company obtained registration without disclosing action against sponsor, says regulator
 "Sebi bars Shares Bazaar Alternative Investment Fund from raising funds")
Sensex rallies 440 pts day after interim Budget, Nifty tops 21,850; PSEs up
Stock market highlights on Friday, February 02: In the broader markets, the BSE MidCap index gained 0.8 per cent, while the BSE SmallCap index added 0.5 per cent
 "Sensex rallies 440 pts day after interim Budget, Nifty tops 21,850; PSEs up")
Foreigners turn cautious on India stocks as selling crosses $3 bn
Indian stocks have benefited from global funds' waning appetite for China
 "Foreigners turn cautious on India stocks as selling crosses $3 bn")
RIL hits new high, m-cap nears Rs 20 trn mark; Chart hints further upside
Reliance Industries hit a high of Rs 2,950 in intra-day deals on Friday, while the market capitalisation stood at Rs 19.96 trillion at the highest point of the day.
 "RIL hits new high, m-cap nears Rs 20 trn mark; Chart hints further upside")
PNB enters top 50 most-valuable stocks' club; overtakes BOB in market cap
PNB is trading at its highest level since February 2018. In the past seven trading days, it has surged 27 per cent
 "PNB enters top 50 most-valuable stocks' club; overtakes BOB in market cap")
Budget cheer? Here's what drove 1,400-pt rally in Sensex, Nifty to new high
Reliance and IT stocks led the market rally as investors cheered the fact that Budget 2024 resisted the temptation of populist measures, and stuck to the fiscal prudence path.
 "Budget cheer? Here's what drove 1,400-pt rally in Sensex, Nifty to new high")
Gokaldas Exports to acquire Matrix Clothing's apparel biz; stock zooms 9%
The management is expecting a positive momentum for in the calendar year 2024 and expects sequential growth to pick up over the next quarters
 "Gokaldas Exports to acquire Matrix Clothing's apparel biz; stock zooms 9%")
Q3 preview: 3 reasons why SBI may report weak results in December quarter
SBI share price: State Bank of India is scheduled to post its Q3FY24 results on Saturday, February 3.
 "Q3 preview: 3 reasons why SBI may report weak results in December quarter")
Paytm hits 2nd straight 20% lower circuit post RBI curbs; downgrades weigh
The RBI on Wednesday restricted Paytm Payment Bank from taking fresh deposits and credit transactions across its services due to non-compliance of regulations and supervisory concerns.
 "Paytm hits 2nd straight 20% lower circuit post RBI curbs; downgrades weigh")
This state-owned civil construction stock has zoomed over 100% in 1 month
Thus far in the financial year FY24, the stock price of NBCC (India|) has skyrocketed by 375 per cent.
 "This state-owned civil construction stock has zoomed over 100% in 1 month")
Stocks to watch on Feb 2: Indian Hotels, Hero Moto, Eicher, NMDC, RITES
Stocks to watch on February 2, 2024: Rites' consolidated profit in Q3 fell 12 per cent to Rs 129 crore from last year
 "Stocks to watch on Feb 2: Indian Hotels, Hero Moto, Eicher, NMDC, RITES")