Page 1171 - Markets News
Out of Rs 1 trn worth of FDI proposals from bordering nations, half cleared
Countries which share land borders with India are China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar and Afghanistan
 "Out of Rs 1 trn worth of FDI proposals from bordering nations, half cleared")
Will markets extrapolate state poll outcomes to general elections in 2024?
Meanwhile, last week, the S&P BSE Sensex gained 2.29 percent or 1,511 points to end at 67,481 levels, while the Nifty50 gained 473 points, or 2.39 per cent, to 20,267 levels
 "Will markets extrapolate state poll outcomes to general elections in 2024?")
M-cap of 9 of 10 most valued firms up Rs 1.30 trn; Airtel, TCS gain
Barring Reliance Industries, nine other companies including HDFC Bank, ICICI Bank, Infosys and Hindustan Unilever witnessed addition in their market valuation
 "M-cap of 9 of 10 most valued firms up Rs 1.30 trn; Airtel, TCS gain")
Mkts to focus on state elections outcome, RBI's rate decision: Analysts
From the macroeconomic data front, PMI (Purchasing Managers' Index) data for the services sector will be announced on Tuesday. RBI's interest rate decision will be announced on Friday
 "Mkts to focus on state elections outcome, RBI's rate decision: Analysts")
FPIs infuse Rs 9,000 crore in equities in Nov, inflow in debt at 6-yr high
Foreign Portfolio Investors (FPIs) made a net investment of Rs 14,860 crore in the debt market last month, making it the highest level in six years, data with the depositories showed
 "FPIs infuse Rs 9,000 crore in equities in Nov, inflow in debt at 6-yr high")
Sharp decline in FDI into India from Cayman Islands, Cyprus during H12023
FDI from Cayman Islands dipped 75 per cent to $145 million during April-September from $582 million in the same period last fiscal, the data showed
Nifty50 scales fresh peak on GDP boost; Sensex ends 493 points higher
Benchmark indices log the best week in 5 months
 "Nifty50 scales fresh peak on GDP boost; Sensex ends 493 points higher")
Jindal Saw, others settle matter; dispute resolution platform from April
The Securities and Exchange Board of India (Sebi) has extended the timeline for implementing online dispute resolution (ODR) platform to April 2024
 "Jindal Saw, others settle matter; dispute resolution platform from April")
Sebi slaps fine of Rs 3 lakh on India Ratings and Research for lapses
In its order, Sebi said the inspection findings brought out two instances where the entity was not complying with the requirements of the regulator's circular
BSE-listed firms' market valuation touch record high of Rs 337.67 trillion
In four days of the market rally, investors' wealth have gone up by Rs 8.95 trillion
 "BSE-listed firms' market valuation touch record high of Rs 337.67 trillion")
Satyam Computer case: Sebi lowers disgorgement amount to Rs 622 crore
In February, the Securities Appellate Tribunal (SAT) had remanded the matter back to Sebi, directing it to recalculate the unlawful gains and reconsider the ban on the promoters
 "Satyam Computer case: Sebi lowers disgorgement amount to Rs 622 crore")
Warning Letter for Pithampur SEZ facility remains an overhang for Cipla
While some brokerages believe that the issue could escalate and be detrimental for Cipla, others believe that the Warning Letter was on expected lines and the impact may not be meaningful
 "Warning Letter for Pithampur SEZ facility remains an overhang for Cipla")
SCORES: Sebi extends deadline for implementation of new norms till Apr 2024
The designated bodies are required to apply for SCORES authentication and/or for Application Programming Interface (API) integration with SCORES within a specified time period
Megastar Foods plans to raise Rs 42 cr through preferential issue of shares
The company would seek the approval of the shareholders at the extraordinary general meeting
 "Megastar Foods plans to raise Rs 42 cr through preferential issue of shares")
BOJ survey highlights strong bond market strains from ultra-easy policy
Former Governor Haruhiko Kuroda deployed QQE in April 2013, aiming to shock the public out of a deflationary mindset with heavy money printing, and fire up inflation to the bank's 2% target
 "BOJ survey highlights strong bond market strains from ultra-easy policy")
IIFL Samasta to raise Rs 1,000 cr via bonds, offers 10.50% return per annum
The bonds, which opens for subscription on Monday, proposes to offer highest coupon rate of 10.50 per cent per annum for tenor of 60 months
 "IIFL Samasta to raise Rs 1,000 cr via bonds, offers 10.50% return per annum")
Sensex leaps 493 pts, Nifty ends at record closing high of 20,268
Closing Bell on Friday, December 1, 2023: The Nifty 50 index scaled a new peak of 20,291.55 in the intraday trade
 "Sensex leaps 493 pts, Nifty ends at record closing high of 20,268")
Sebi must act in public interest: HC raps body order non-compliance
A division bench of Justices G S Kulkarni and Jitendra Jain said such an approach by the SEBI would cause a dent in the confidence reposed in the public body by investors
 "Sebi must act in public interest: HC raps body order non-compliance")
Sensex soars nearly 1,400 points this week; Here's what led to the rally
November was a blockbuster month for the Nifty index, which rose 5.5 per cent, the most since July 2022
 "Sensex soars nearly 1,400 points this week; Here's what led to the rally")
Stock of this EMS player hit 52-week high today; stock up 41% in 6 months
Shares of Dixon Technologies sprinted 9.5 per cent and hit a fresh 52-week high of Rs 6,034.75 apiece on the BSE
 "Stock of this EMS player hit 52-week high today; stock up 41% in 6 months")