Page 1164 - Markets News
Sebi to auction properties of 5 cos on Jan 22 to recover investors money
Capital markets regulator Sebi has said it will auction 13 properties of five companies along with that of promoters and directors on January 22 to recover money illegally collected from investors
 "Sebi to auction properties of 5 cos on Jan 22 to recover investors money")
Sensex soars 359pts, Nifty tops 21,250 amid broad buying; Inox India up 41%
Closing Bell on Thursday December 21: In the broader markets, the BSE MidCap and SmallCap indices outpaced frontline indices as they climbed 1.6 per cent and 1.69 per cent, respectively
 "Sensex soars 359pts, Nifty tops 21,250 amid broad buying; Inox India up 41%")
Oil prices go steady with trading Brent near $80 as US output hits record
Brent crude futures rose 13 cents, or 0.1%, to $79.80 a barrel by 0914 GMT, while U.S. West Texas Intermediate crude was 4 cents higher at $74.26
 "Oil prices go steady with trading Brent near $80 as US output hits record")
Hindustan Copper hits over 11-year high, surges 12% on stable outlook
In the past two months, it has zoomed 55 per cent. Moreover, in the past eight months, the stock price has more than doubled by skyrocketing 124 per cent
 "Hindustan Copper hits over 11-year high, surges 12% on stable outlook")
Lokesh Machines soars 14% on healthy outlook; up 264% so far in 2023
The Indian machine tools market is experiencing a boost from the growing emphasis on industrial automation, which is resulting in increased overall productivity and improved ergonomics
 "Lokesh Machines soars 14% on healthy outlook; up 264% so far in 2023")
Stock of this wind energy solutions provider has zoomed 108% in 7 weeks
So far in December, IWL has surged 59 per cent after it completed infusion of around Rs 800 crore (before taxes and fees) by its promoter Inox Wind Energy Limited (IWEL)
 "Stock of this wind energy solutions provider has zoomed 108% in 7 weeks")
Nifty, MidCap, SmallCap: Should you buy the dip? Here's what charts say
The NSE Nifty50 has strong supports placed around at 20,920 and 20,750 levels. Meanwhile, the broader indices are seen testing support at respective 20-DMAs, show charts.
 "Nifty, MidCap, SmallCap: Should you buy the dip? Here's what charts say")
INOX India makes bumper debut; lists at 44% premium over issue price
Share of INOX India listed at Rs 949.65 on the NSE, a premium of 44 per cent over its issue price of Rs 660 per share
 "INOX India makes bumper debut; lists at 44% premium over issue price")
Indian Bank extends slide to 2nd day; slips 8% after listing of QIP shares
Indian Bank had allotted 101.52 million new equity shares of face value Rs 10 each to eligible Qualified Institutional Buyers at an issue price of Rs 394.00 per equity share
 "Indian Bank extends slide to 2nd day; slips 8% after listing of QIP shares")
Nifty FMCG, Nifty Energy: Sell on rise amid likely correction ahead
The anticipated profit booking in Nifty FMCG is expected to continue until the index reaches support levels at 53,681 and 53,100, says Ravi Nathani
 "Nifty FMCG, Nifty Energy: Sell on rise amid likely correction ahead")
Stocks to Watch: Allcargo Logistics, Mazagon Dock, Cochin Ship, Inox India
Stocks to Watch on December 21, 2023: Inox India will make its debut on the bourses today; Ultratech Cement has entered into an agreement to acquire 26 per cent stake in Clean Max Terra
 "Stocks to Watch: Allcargo Logistics, Mazagon Dock, Cochin Ship, Inox India")
BevCo's acquisition to aid Varun Beverages' market share, EPS: Analysts
Shares of Varun Beverages hit a new peak of Rs 1,380.45 as they surged 18 per cent in Wednesday's intraday trade. With an m-cap of Rs 1.63 trillion, VBL stands at 40th position in m-cap ranking
 "BevCo's acquisition to aid Varun Beverages' market share, EPS: Analysts")
Domestic, international funds tracking Nifty indices grows 53% in 10 years
According to the index provider, seven new passive funds tracking Nifty indices were launched in Japan and Korea in 2023
 "Domestic, international funds tracking Nifty indices grows 53% in 10 years")
Blackstone exits Embassy REIT; sells entire 23.5% stake for Rs 7,100 cr
Global fund Blackstone has sold its entire 23.5 per cent stake in Embassy Office Parks REIT for around Rs 7,100 crore through block deal on stock exchanges, sources said
 "Blackstone exits Embassy REIT; sells entire 23.5% stake for Rs 7,100 cr")
DOMS makes blockbuster debut; lists at 77% premium over issue price
DOMS offers well-designed and quality 'stationery and art material' products to consumers
 "DOMS makes blockbuster debut; lists at 77% premium over issue price")
Karvy broking case: SAT directs Sebi, NSE, NSDL to compensate lenders
Sebi, NSE, NSDL directed to compensate lenders for shares transferred with 10% interest
 "Karvy broking case: SAT directs Sebi, NSE, NSDL to compensate lenders")
Second best December for IPOs since 1996, 11 companies raise Rs 8,182.7 cr
Six companies have already completed their fundraising process; two were listed on Wednesday.
 "Second best December for IPOs since 1996, 11 companies raise Rs 8,182.7 cr")
Indian bond yields continue flattish trend, traders eye fresh cues
Indian government bond yields were largely flat on Wednesday in yet another trading session, amid consolidation after their recent decline and as traders awaited more directional triggers
 "Indian bond yields continue flattish trend, traders eye fresh cues")
New launches, cash flows to back rally in Oberoi Realty; stock climbs 29%
The recent trigger has been the launch of its Kolshet project (Thane) called Forestville in November
 "New launches, cash flows to back rally in Oberoi Realty; stock climbs 29%")
Markets fall amidst profit booking, Covid concerns; sensex down 931 points
Profit booking after the good run was cited as the primary reason for the market rout
 "Markets fall amidst profit booking, Covid concerns; sensex down 931 points")