Page 1204 - Markets News
AIF trustees seek more powers to fulfil their obligations amid Sebi probe
They complain about delayed or no disclosure from investment managers
 "AIF trustees seek more powers to fulfil their obligations amid Sebi probe")
Stock of this realty firm has zoomed 100% since April; hits record high
Thus far in the month of October, the stock price of Prestige Estates Projects has rallied 34% after the company reported strong business performance for September quarter (Q2FY24).
 "Stock of this realty firm has zoomed 100% since April; hits record high")
Vijay Kirloskar threatens to move CVC in TD Power IPO disclosure matter
Says latest disclosure made by company dishonest, issue cannot be termed sub-judice
 "Vijay Kirloskar threatens to move CVC in TD Power IPO disclosure matter")
Wonderla soars 10% as Chennai project gets TN government's clearance
The grand vision for this project involves an investment of approximately Rs 400 crore, spanning across 62-acre expanse in Illalur village
 "Wonderla soars 10% as Chennai project gets TN government's clearance")
Sebi finalises SOP to stop promoter misuse of foreign cos for shareholding
With this, these investors will not be able to use overseas insurance companies to secretly own shares of a company and manipulate its share prices
 "Sebi finalises SOP to stop promoter misuse of foreign cos for shareholding")
Sugar shares in focus; Balrampur, Dwarikesh, Triveni, Dhampur rally upto 7%
According to CRISIL, despite reduced exports and a decline in ethanol production, Ebitda margins of MSMEs in the sugar industry are projected to increase in the upcoming quarters
 "Sugar shares in focus; Balrampur, Dwarikesh, Triveni, Dhampur rally upto 7%")
Mahindra Logistics slips 6%, hits 52-week low on disappointing Q2 results
The management expects to report better performance in Q3 due to positive demand uptick in festive season, accelerating margins due to synergies with the acquired B2B business and cost reduction
 "Mahindra Logistics slips 6%, hits 52-week low on disappointing Q2 results")
Sebi to pilot Asba-like framework for secondary markets in December: Report
Asba facility is already available for the primary market which ensures that money from an investor gets moved only when an allotment happens
 "Sebi to pilot Asba-like framework for secondary markets in December: Report")
Stocks to Watch today: Axis Bank, Tech M, Vedanta, Delta Corp, ONGC, NDTV
Stocks to watch on Wednesday, October 25, 2023: The Bombay High Court has directed the Directorate General of GST Intelligence, Hyderabad, to not pass a final orders against Delta Corp
 "Stocks to Watch today: Axis Bank, Tech M, Vedanta, Delta Corp, ONGC, NDTV")
Nifty Financial, Nifty Private Bank: Trading strategy for near-term decline
As per Ravi Nathani, the Nifty Private Bank index is poised to encounter a stronghold of support at 22,200, according to chart analysis.
 "Nifty Financial, Nifty Private Bank: Trading strategy for near-term decline")
Stocks rebound globally as US yield stabilises; Dow Jones, S&P gain
The benchmark US 10-year Treasury yield remained high on Tuesday, though it was short of the 5 per cent level
 "Stocks rebound globally as US yield stabilises; Dow Jones, S&P gain")
Great Eastern Shipping to Petronet LNG: 10 value bets for rich payoffs
Krishna Kant & Ram Prasad Sahu suggest stocks of non-BFSI firms with the right blend of low valuation, positive cash flow, good earnings visibility
Stock market closed today: BSE, NSE to remain shut on account of Dussehra
Stock market holidays: In the ongoing calendar year, the markets have a total of 15 holidays which is two more than last year
 "Stock market closed today: BSE, NSE to remain shut on account of Dussehra")
Gold falls by Rs 300, silver down by Rs 200, trading at Rs 75,100/kg
The price of 22-carat gold witnessed a decline of Rs 250, with the yellow metal selling at Rs 56,350.
 "Gold falls by Rs 300, silver down by Rs 200, trading at Rs 75,100/kg")
Markets slide on high US yields, West Asia woes; Sensex falls 826 points
Nifty logs worst session in seven months; broader markets see steeper fall
 "Markets slide on high US yields, West Asia woes; Sensex falls 826 points")
Adani Total meets Hindenburg's predicted valuation with 85% plunge in stock
The shares of the conglomerate's city-gas distributor slid as much as 2.6 per cent to 575.7 rupees on Monday, taking losses from their January 24 closing of 3,891.75 rupees to 85 per cent
 "Adani Total meets Hindenburg's predicted valuation with 85% plunge in stock")
RIL, HUL, ITC: Top 50 APAC firms lose over $185 billion in m-cap in Q3
Reliance Industries (8 per cent), Hindustan Unilever (7.9 per cent) and ITC (1.3 per cent) were the Indian companies that saw a drop in m-cap during the recently concluded quarter
 "RIL, HUL, ITC: Top 50 APAC firms lose over $185 billion in m-cap in Q3")
IPO filings remain robust in October despite recent turbulence in equities
August-October best period for DRHP filings in 2 years
 "IPO filings remain robust in October despite recent turbulence in equities")
Outweighing HDFC Bank, better return ratios: How analysts see ICICI Bank Q2
Over the past three months, shares of ICICI Bank have slipped 6.7 per cent on the bourses as against HDFC Bank's 10.14 per cent correction
 "Outweighing HDFC Bank, better return ratios: How analysts see ICICI Bank Q2")
Nine state govts, one Union Territory raise Rs 189 billion at bond auction
Cut-off yield highest in FY24 so far
 "Nine state govts, one Union Territory raise Rs 189 billion at bond auction")