Page 1221 - Markets News

Nuvama Wealth Management makes NSE debut; stock settles at Rs 2,612

The company is aiming to double its bottomline in three years underpinned by the growing number of wealthy Indians and their demand for investment solutions

Buy the dips in Nifty FMCG, Financials; here's why

According to Ravi Nathani, an independent technical analyst, the 'buy the dips' strategy seems particularly relevant in the current market conditions.

Centre sticks to market borrowing plan for H2FY24; introduces 50-year bond

To borrow Rs 6.55 trillion in second half

Sebi extends deadline demat a/c nomination; SBI MF promotes DP Singh

In March, the regulator had extended the deadline from March 31 to September 30

MCA in talks with market regulator Sebi to allow issue of fractional shares

The senior official said that Sebi has views on this issue since it impacts the listed companies and will soon be making a presentation to MCA on the matter

Kontor Space IPO kicks off on Wednesday, price band at Rs 93 per share

The issue will conclude on October 3, and the shares will be listed on SME EMERGE platform of the National Stock Exchange, the company said in a statement on Monday

Sebi extends deadline to add nominees for demat account holders till Dec 31

Sebi on Tuesday extended the deadline by three months to December-end for existing demat account holders to provide choice of nomination or formally opt out of nomination through a declaration form

Curbs imposed on companies may apply brakes on rising SME volumes

Market players said the curbs will clamp down on speculative activity and attract serious buyers

Govt bond yields reverse all losses on lower H2 borrowing speculation

Rupee ends close to all time low

Nabard raises Rs 1,041 crore through India's first social impact bond

State-run entity sets coupon of 7.63% on this issue

Smallcaps shine in weak market; PSB, IT shares slip, FMCG, defence gain

Closing Bell on September 26, 2023: The BSE Sensex closed at 65,945 levels, down 78 points, while the Nifty50 shut shop at 19,665, down 10 points

Mid, smallcap rally to persist amid more inflows: DSP Mutual Fund's Parekh

DSP Mutual Fund will also launch a smallcap fund this year to take advantage of the inflows to the segment, Parekh said

Submit documents in PACL case by Oct-end for refunds: Sebi to investors

The panel has asked only those investors whose applications have been successfully verified to submit their original certificates

Defense shares in focus; Cochin Shipyard, Garden Reach, MTAR gain up to 14%

Ratings agency Icra expects business opportunities worth Rs 2.75 trillion to open up for Indian defence entities during FY24 and FY25

At 5-year high: This power & infra stock has zoomed 146% in last one month

The stock price of GVK Power & Infrastructure was locked in the 5% upper circuit for the eight day, trading at its highest level since September 2018 on the BSE

Varun Beverages outperforms, up for 4th day in a row; analysts upbeat

Analysts believe VBL is expected to continue its strong growth momentum, which will be led by Normalcy of operations and market share gains in newly-acquired territories (post COVID-19 disruptions).

SME stocks to come under additional surveillance, T2T framework: NSE

The process of identifying stocks moving to the TFT segment will be done fortnightly and stocks moving to and from the segment shall be on a quarterly basis

Apar Industries rallies 7% on fund raising plan; stock zooms 357% in 1 year

The board of directors of the company is scheduled to meet on Thursday, September 28, 2023 to consider fund raising plans

Jefferies is bullish on these two 2-wheeler makers, sees up to 23% upside

Analysts at Jefferies, believe that the time is ripe to buy Eicher Motors given alleviating competitive concerns, along with tailwinds of 2W demand recovery, industry premiumization and exports.

Delta Corp sinks 23% in 2 days post tax notice; Kacholia sells 0.6% equity

The stock was quoting at its lowest level since December 2020 after the company received a tax notice amounting to Rs 16,822 crore last Friday, September 22.