Page 1136 - Markets News
Sensex drops 354 pts in fag-end, Nifty below 21,800; RIL, Airtel weigh
Stock market highlights on February 5: Among sectors, the Nifty Pharma, and Auto indices rallied over 1 per cent each
 "Sensex drops 354 pts in fag-end, Nifty below 21,800; RIL, Airtel weigh")
Does your MF scheme hold Paytm? Top 5 MF schemes with the highest holding
Mirae Asset Large Cap Fund led highest investment in Paytm at Rs 430.4 crore, which was 1.13 per cent of its total AUM
 "Does your MF scheme hold Paytm? Top 5 MF schemes with the highest holding")
This tourism finance stock nearly doubled in 1 month; Quant MF buys stake
In the past two trading days, shares of Tourism Finance Corporation of India have rallied 26% after Quant Mutual Fund bought 600,000 shares via bulk deal
 "This tourism finance stock nearly doubled in 1 month; Quant MF buys stake")
IOC, BPCL, HPCL: OMCs shares on fire post Interim Budget; check key levels
IOC is likely to trade on a bullish note as long as the stock sustains above Rs 165, suggests the daily chart.
 "IOC, BPCL, HPCL: OMCs shares on fire post Interim Budget; check key levels")
UPL slips 7%, hits 3-year low on Q3 loss; cautions on weaker Q4FY24
The company said revenue and margin to be impacted by global channel destocking and ongoing pricing pressure in post patent space exacerbated by higher rebates.
 "UPL slips 7%, hits 3-year low on Q3 loss; cautions on weaker Q4FY24")
Paytm plunges 42% in 3 days; erodes nearly Rs 20,500 crore in market value
Paytm's market capitalisation has eroded by Rs 20,497 crore in 3 days, while from its all time high level of Rs 1.24 trillion, the m-cap has been wiped off by nearly Rs 1 trillion
 "Paytm plunges 42% in 3 days; erodes nearly Rs 20,500 crore in market value")
Tata Motors hits new high, surges 7% on robust December quarter results
The auto major's Q3 net profit beat analyst estimates, growing by 137 per cent YoY to Rs 7,025 crore on favourable volumes, reduced costs on component sourcing with easing semiconductor chip supplies.
 "Tata Motors hits new high, surges 7% on robust December quarter results")
Stocks to Watch today, Feb 5: Paytm, SBI, TaMo, IndiGo, ZEE, Airtel, VBL
Stocks to Watch on Monday, February 5, 2024: Stock exchanges have revised the circuit limits for Paytm to 10 per cent from 20 per cent
 "Stocks to Watch today, Feb 5: Paytm, SBI, TaMo, IndiGo, ZEE, Airtel, VBL")
Bond traders pin hopes on dovish RBI pivot to extend Budget rally
Indian bonds have rallied over the past three months, fueled by overseas inflows ahead of global index inclusion starting June
 "Bond traders pin hopes on dovish RBI pivot to extend Budget rally")
Nifty, Bank Nifty: Wait for confirmed breakout from trading range
According to Ravi Nathani, an independent technical analyst, the Nifty is moving in a trading band of 21,650 - 22,000.
 "Nifty, Bank Nifty: Wait for confirmed breakout from trading range")
Market resilience in a pill: Pharma's formula for Q3 earnings upgrades
Rx for returns: Pharma firms' dominance in market recovery prescription
 "Market resilience in a pill: Pharma's formula for Q3 earnings upgrades")
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
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