Page 1210 - Markets News
Calm Vix index seen flaring up in wake of Lok Sabha elections in 2024
Despite experiencing sharp intraday fluctuations in recent sessions, the VIX index has consistently settled below 12
 "Calm Vix index seen flaring up in wake of Lok Sabha elections in 2024")
Be selective in consumption stocks ahead of ICC World Cup, say analysts
Headwinds for the airlines and QSR sectors, analysts believe, could outweigh the positives in the form of a demand uptick
 "Be selective in consumption stocks ahead of ICC World Cup, say analysts")
Sebi forms Working Groups to recommend simplification, ease of compliance
Capital markets regulator Sebi on Wednesday said it has constituted Working Groups to recommend on simplification of various rules, ease of compliance, and reduction in the cost of compliance
 "Sebi forms Working Groups to recommend simplification, ease of compliance")
HDFC Bk, HUL help Sensex cut losses, index sheds 286 pts; Nifty below 19450
Closing Bell on October 4, 2023: Nestle India, HDFC Bank, HUL, Infosys, and TCS rallied between 0.6 per cent and 3 per cent. Axis Bank was the biggest laggard, down 5 per cent
 "HDFC Bk, HUL help Sensex cut losses, index sheds 286 pts; Nifty below 19450")
Adani Group shares in focus; Adani Enterprises up 5% as IHC hikes stake
In an exchange filing with the BSE, AEL said Green Vitality RSC had on Tuesday, Oct 3, acquired an additional 643,134 equity shares representing 0.06% total equity in the company from the open market.
 "Adani Group shares in focus; Adani Enterprises up 5% as IHC hikes stake")
Avenue Supermarts soars 5% in weak market post Q2 business update
The company reported an 18.51% YoY increase in its standalone revenue from operations at Rs 12,308 crore in the September quarter
 "Avenue Supermarts soars 5% in weak market post Q2 business update")
Paytm, Sun Tv, Prestige: 5 stocks where the momentum has turned favourable
Among the key momentum oscillators, the 14-day RSI, MACD and Stochastic Slow on selective basis have turned positive for these five stocks.
 "Paytm, Sun Tv, Prestige: 5 stocks where the momentum has turned favourable")
Stock of this PSB has nearly doubled in 2 months; m-cap nears Rs 1 trillion
The stock of the public sector bank (PSB) touched Rs 51, its highest level since March 2015, on improved operating performance
 "Stock of this PSB has nearly doubled in 2 months; m-cap nears Rs 1 trillion")
JSW Infra extends gains after strong listing; zooms 41% over issue price
Moody's Investors Service, on Tuesday, upgraded JSW Infra corporate family rating (CFR) and senior secured bond rating to Ba1 from Ba2, and changed the outlook to stable from positive
 "JSW Infra extends gains after strong listing; zooms 41% over issue price")
Updater Services makes weak debut; lists 5% below issue price
Shares got listed at Rs 285, a 5 per cent below its issue price of Rs 300 per share on the National Stock Exchange.
 "Updater Services makes weak debut; lists 5% below issue price")
Nestle India surges 4% in weak market on stock split, interim dividend plan
Nestle India said the board will meet on October 19 to consider a stock split and interim dividend.
 "Nestle India surges 4% in weak market on stock split, interim dividend plan")
Stocks to Watch today: Bajaj duo, LIC, JSW Infra, Adan Ent, HDFC Bank, DLF
Stocks to Watch on Wednesday, October 4, 2023: Bajaj Finserv's insurance arm, Bajaj Allianz General Insurance has received a show cause notice alleging a tax demand of Rs 1,010.05 crore
 "Stocks to Watch today: Bajaj duo, LIC, JSW Infra, Adan Ent, HDFC Bank, DLF")
Nifty Financial, Nifty Private Bank: Wait for these breakouts for direction
According to Ravi Nathani, initiating trades before the breakout occurs is laden with risk, traders should act once the breakout signals the market's chosen direction
 "Nifty Financial, Nifty Private Bank: Wait for these breakouts for direction")
Nifty struggling to cross 20-DEMA; UCO Bank, Lemon Tree top technical picks
As per Vinay Rajani, Nifty's 20 DEMA is placed at 19,700 odd levels. A sustainable level above this could result in a bullish trend reversal in Nifty
 "Nifty struggling to cross 20-DEMA; UCO Bank, Lemon Tree top technical picks")
Advance-decline ratio improves in Sept despite FPI pullout, shows data
Despite the S&P BSE 500 Index dipping nearly a per cent in August, the ADR was at 1.11 amid a strong rally in midcap and smallcap stocks
 "Advance-decline ratio improves in Sept despite FPI pullout, shows data")
Winro Commercial India sells Sheela Foam's shares worth Rs 93 crore
According to the block deal data available with the National Stock Exchange (NSE), Winro Commercial India sold more than 8.34 lakh shares at an average price of Rs 1,114 apiece
 "Winro Commercial India sells Sheela Foam's shares worth Rs 93 crore")
Markets in a correction mode: It's your portfolio. Make it large!
The run-up in the markets in these last few months, analysts at HSBC said, has made investors nervous about the markets amid multiple headwinds
 "Markets in a correction mode: It's your portfolio. Make it large!")
Unauthorised trading calls land investment advisors in Sebi's net
The analysis has considered 918 RIAs and 5,330 investor complaints
 "Unauthorised trading calls land investment advisors in Sebi's net")
JSW Infra gains 32% on market debut; Finolex Cables withholds results
Through the IPO, JSW Infrastructure raised Rs 2,800 crore in fresh capital, which it plans to use for paring its debt
Sebi to introduce mechanism for verification in case of demise of investors
The new framework will come into effect from January 1, 2024, the Securities and Exchange Board of India (Sebi) said in a circular