Page 1195 - Markets News
Realty sentiment index moves upward as financial institutes remain bullish
Real estate consultant Knight Frank and realtors' body Naredco on Sunday released their 39th edition of Real Estate Sentiment Index for Q4 2023 (October-December 2023)
 "Realty sentiment index moves upward as financial institutes remain bullish")
Mcap of 6 most valued firms fall by Rs 71,414 cr; LIC, TCS biggest laggards
On the other hand, State Bank of India, Infosys, HDFC Bank and ICICI Bank emerged as the gainers. They collectively added Rs 62,038.86 crore
 "Mcap of 6 most valued firms fall by Rs 71,414 cr; LIC, TCS biggest laggards")
Q3 review: Listed AMCs on strong wicket but most positives factored in
The companies are likely to remain on the growth path in the coming quarters too, say brokerages
 "Q3 review: Listed AMCs on strong wicket but most positives factored in")
Market regulator Sebi urges industry to step up voluntary compliance
Enforcement cannot be the only solution, says Sebi WTM; Varshney assures Sebi's KYC infrastructure strong
 "Market regulator Sebi urges industry to step up voluntary compliance")
Nifty reclaims 22,000 mark after a month; Sensex ends 376 points higher
Adds 1.2% this week, Small and midcaps underperform
 "Nifty reclaims 22,000 mark after a month; Sensex ends 376 points higher")
F&O strategy: Bull spread on McDowell for the February series
Nandish Shah of HDFC Securities recommends to Buy McDowell 1150 CALL and simultaneously Sell 1200 CALL of the February expiry.
 "F&O strategy: Bull spread on McDowell for the February series")
Sensex ends 376 pts up, Nifty above 22K; Auto stocks rally, SpiceJet up 11%
Stock market highlights on February 16, 2024: Sensex, Nifty gain for fourth day; Paytm snapped its three-day decline to close at the 5 per cent upper circuit
 "Sensex ends 376 pts up, Nifty above 22K; Auto stocks rally, SpiceJet up 11%")
Paytm hits 5% upper limit after registering new low; stock down 58% in Feb
Till 01:42 pm; a combined 20.95 million shares changed hands and there were pending buy orders for a combined 1.34 million shares on the NSE and BSE.
 "Paytm hits 5% upper limit after registering new low; stock down 58% in Feb")
M&M hits new high, up 12% in 2 days; strong Q3, Volkswagen deal aid buying
M&M and Volkswagen have signed supply agreement on the use of key electric components of the German carmaker's open platform for electric vehicles (EVs).
 "M&M hits new high, up 12% in 2 days; strong Q3, Volkswagen deal aid buying")
Stock of this debutant SME solar company has zoomed 215% over issue price
On Thursday, BofA Securities Europe SA purchased 220,800 equity shares of Alpex Solar at price of Rs 337.47 per share on the NSE via a bulk deal
 "Stock of this debutant SME solar company has zoomed 215% over issue price")
Foreign investors back India bonds over pricey stocks in tactical bet
For bulls who powered the massive rally, the tactical trade at the moment is to move into the bonds, whose appeal has been further burnished by the nation's improving finances
 "Foreign investors back India bonds over pricey stocks in tactical bet")
Auto shares rally; Maruti Suzuki, TVS, Hero Moto, Bajaj, M&M hit new highs
In the past one month, the S&P BSE Auto index has rallied 10 per cent against a 1 per cent decline in the S&P BSE Sensex
 "Auto shares rally; Maruti Suzuki, TVS, Hero Moto, Bajaj, M&M hit new highs")
Entero Healthcare makes weak debut; lists 5% below its issue price
The stock listed at Rs 1,201.10, a 5 per cent below its issue price Rs 1258 per share on the BSE in Friday
 "Entero Healthcare makes weak debut; lists 5% below its issue price")
Stocks to Watch today: IndiGo, ONGC, Oil India, Paytm, NBCC, SpiceJet, UPL
Stocks to watch on Friday, February 16, 2024: Oil producers to be in focus post windfall tax hike; Entero Healthcare to list debut today.
 "Stocks to Watch today: IndiGo, ONGC, Oil India, Paytm, NBCC, SpiceJet, UPL")
Nifty Energy to face stiff resistance at 40,000; Pharma seems range-bound
According to Ravi Nathani, an independent technical analyst, the Nifty Energy index is trading in overbought zone, hence some reversal can be anticipated.
 "Nifty Energy to face stiff resistance at 40,000; Pharma seems range-bound")
19% of global fund managers bullish on India; Japan most preferred: BofA
Among markets, investors preferred India and Taiwan apart from Japan, while avoiding Thailand and China, the survey suggested.
 "19% of global fund managers bullish on India; Japan most preferred: BofA")
BSE at odds with NSE over 'high' clearing and settlement charges
The former says high payout to NSE weighing down its profitability
 "BSE at odds with NSE over 'high' clearing and settlement charges")
BSE cautions stock market investors against fake social media accounts
Such unscrupulous persons or entities masquerading as BSE are indulging into misusing the name and reputation of the exchange for their personal gains, the bourse said
 "BSE cautions stock market investors against fake social media accounts")
Around 2.1 million PACL investors get their money back, says Sebi
A panel headed by retired Justice RM Lodha had initiated the process of refunds in phases for investors, who had invested in PACL
 "Around 2.1 million PACL investors get their money back, says Sebi")
Rupee falls 2 paise to close at 83.04 against dollar amid latter's demand
At the interbank foreign exchange market, the local unit opened at 83.00 and finally settled at 83.04 (provisional) against the dollar, down by 2 paise from its previous close
 "Rupee falls 2 paise to close at 83.04 against dollar amid latter's demand")