Page 1230 - Markets News
Sebi notifies rule for listing non-convertible debt securities on exchanges
Sebi has amended rules under which listed entities with outstanding non-convertible debt securities will be required to list subsequent issuance of such securities on stock exchanges
 "Sebi notifies rule for listing non-convertible debt securities on exchanges")
Sebi firms 'corporate group' definition amid offshore funds scrutiny
This communication was sent by stock exchanges on behalf of the regulator - the Securities and Exchange Board of India (SEBI) - to companies earlier this week and has not been previously reported
 "Sebi firms 'corporate group' definition amid offshore funds scrutiny")
Markets drop on Fed's higher-for-longer stance; Sensex falls 571 points
Sensex, Nifty50 fall for a third day as FPIs intensify selling
 "Markets drop on Fed's higher-for-longer stance; Sensex falls 571 points")
Sebi issues guidelines for handling complaints received via SCORES platform
Capital markets regulator Sebi has come out with a framework for handling complaints received through SCORES platform for registered entities and for monitoring such grievances by designated bodies
Sebi board clears various proposals, discusses tech in securities market
Markets regulator Sebi on Thursday decided to provide flexibility to large corporates in raising funds through issuance of debt securities for incremental financing needs
Sensex down 571 pts, Nifty below 19,750 on hawkish Fed, Indo-Canada tension
Closing Bell on Thursday, September 21: The broad-based selling was led by public sector banks with the Nifty PSU Bank index sliding 2.3 per cent
 "Sensex down 571 pts, Nifty below 19,750 on hawkish Fed, Indo-Canada tension")
KSB soars 12%, hits new high on strong biz outlook, healthy order intake
Government's focus on irrigation projects, drinking water supply, sanitation projects, and urban housing is expected to drive the demand for pumps in the water segment
 "KSB soars 12%, hits new high on strong biz outlook, healthy order intake")
Nykaa, Paytm, Zomato: Canadian FPI-held stocks take a hit on widening rift
Stocks held by Canada Pension Plan Investment Board (CPPIB), which is among the biggest FPIs investing in the domestic market, have come under pressure since developments on the India-Canada tensions
 "Nykaa, Paytm, Zomato: Canadian FPI-held stocks take a hit on widening rift")
Nava surges 13%, hits record high in weak market on heavy volumes
In past four months, the stock price of Nava has appreciated by 84 per cent after the company recorded a remarkable financial performance for June quarter (Q1FY24).
 "Nava surges 13%, hits record high in weak market on heavy volumes")
EMS makes strong debut in weak mkt, lists at 34% premium over issue price
The stock listed at Rs 282.05, a 34 per cent premium over its issue price of Rs 221 per share on the National Stock Exchange
 "EMS makes strong debut in weak mkt, lists at 34% premium over issue price")
SJVN slips 10% as government begins partial stake sale via OFS
The government will sell 96.67 million shares, or 2.46 per cent stake, in the company with an option to sell additional 2.46 per cent stake under offer for sale (OFS) route on Thursday and Friday.
 "SJVN slips 10% as government begins partial stake sale via OFS")
Stocks to Watch on Sept 21: Infosys, Sheela Foam, SJVN, Cipla, DCB Bank
Stocks to Watch today, September 21, 2023: The government will sell up to 4.9 per cent stake in SJVN via offer for sale (OFS) on Thursday and Friday
 "Stocks to Watch on Sept 21: Infosys, Sheela Foam, SJVN, Cipla, DCB Bank")
Nifty Pvt Bank index to remain bullish as long as it holds 22,770
According to Ravi Nathani, an independent technical analyst, the interim support levels for the private bank index are placed at 23,420, 23,120, 22,900.
 "Nifty Pvt Bank index to remain bullish as long as it holds 22,770")
HDFC Bank stock slump drags Sensex, Nifty, declines nearly 1.2% each
Crude oil prices, valuation concern trigger biggest fall in 2 months
 "HDFC Bank stock slump drags Sensex, Nifty, declines nearly 1.2% each")
Ola Electric eyes IPO filing by end-October in expedited listing plan
Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion in a recent fund raising
 "Ola Electric eyes IPO filing by end-October in expedited listing plan")
RR Kabel gains 15% on debut, Yatra Online's IPO manages to scrape through
The stock hit a low of Rs 1,141 and a high of Rs 1,213 on the BSE. Shares worth nearly Rs 1,900 crore got traded on NSE and BSE of the company
 "RR Kabel gains 15% on debut, Yatra Online's IPO manages to scrape through")
M&M mcap crosses Rs 2 trn on back of strong order book in SUV segment
M&M shares closed at Rs 1,636.85 on the BSE, giving the firm a market value of Rs 2.03 lakh crore, according to stock exchange data
 "M&M mcap crosses Rs 2 trn on back of strong order book in SUV segment")
HDFC shares fell after management indicates asset quality, margin pressure
HDFC Bank said the gross non-performing asset ratio has increased to 1.4% from 1 July, following the merger, as compared to 1.2% of HDFC Bank's as of end of the first quarter
 "HDFC shares fell after management indicates asset quality, margin pressure")
Sebi to relax rules around mandatory borrowing from corporate bond market
Regulator could also clear framework for index providers; decisions likely at Thursday's board meet
Sensex tanks 796 pts, Nifty breaks 20,000: Why are markets falling today?
Shares of HDFC Bank and Reliance Industries declined 4 per cent and 2.23 per cent, respectively, on Wednesday, September 20
 "Sensex tanks 796 pts, Nifty breaks 20,000: Why are markets falling today?")