Page 1235 - Markets News

Sensex, Nifty in correction mode; Watch out for these key levels

On Wednesday in intra-day deals, the S&P BSE Sensex was down 660 points at 66,935, while the Nifty50 had shed a per cent or 190 points to 19,944.

Reliance Industries slides 3% to two-month low; volumes surge on block deal

Till 11:03 AM; around 23 million equity shares, representing 0.35 per cent of total equity of RIL, had changed hands on the NSE, the exchange data shows

Blue Star surges 15%, hits record high on launch of Rs 1,000 cr QIP issue

The company proposed to raise around Rs 1,000 crore at a floor price of Rs 784.55 per equity share.

R R Kabel lists at 14% premium over issue price in a weak market

The stock listed at Rs 1,180, a 14 per cent premium over its issue price of Rs 1,035 per share on the National Stock Exchange.

Karnataka Bank gains 4%, hits over 15-year high on fund raising plans

The board of the private sector lender is scheduled to meet on Friday, September 22, 2023 to consider the raising of funds by issue of equity shares / any other equity linked securities.

Stocks to Watch: RIL, RR Kabel, Tata Motors, Bank of Maha, Bharat Dynamics

Stocks to Watch today, September 20, 2023: RR Kabel is set to debut at the stock exchanges on Wednesday, becoming the first entity to make a T+2 listing

LIC to Hindustan Unilever: Here're 10 largecaps that may lead bull charge

Largecaps are trading at a valuation discount to mid and smallcap stocks and this has made them attractive

Worsening Canada-India diplomatic ties may take a toll on FPI flows

Almost 85 per cent of these investments are in listed equity, while the remaining in debt and hybrid instruments

Sebi imposes Rs 35 lakh fine on MI Research for flouting regulatory norms

The order came after Sebi conducted an examination into the business of MI Research with respect to compliance of the entity with IA (Investment Advisers) regulations

Gold firms with focus on Fed meeting; US 5-year yield highest since 2007

The dollar index eased from a six-month peak against its rivals, making gold less expensive for other currency holders

Fiscal pressures building up; risks for the markets are rising: Jefferies

As a stock strategy, they have shifted consumer staples to underweight, and moved weight (bought into) to Bharti Airtel in their model portfolio

Domestic mutual funds anchoring more listings as issue sizes shrink

Have subscribed to shares worth Rs 2,850 cr as 'cornerstone investors' in 20 IPOs so far in FY24

Sebi to auction property of Saradha Group's property on October 17

The property located in West Bengal will go under the hammer, the Securities and Exchange Board of India (Sebi) said in a notice dated September 15

Retail investors prefer treasury bills over sovereign govt bonds

T-Bill returns attractive than bank FDs

R R Kabel to list on Wed, become 1st to debut within 2 days of IPO closure

Capital markets regulator Sebi in August halved the timeline for listing of shares on stock exchanges after the closure of IPOs to three days (T+3) from six days (T+6)

Financial markets in India closed today on account of Ganesh Chaturthi

The markets will resume trading on Wednesday, Sept. 20.

PSB shares rally; IOB, PSB, Central Bank, Uco Bank surge over 40% in 4 days

Nifty PSU Bank index hit a new high today, and was the top gainer among sectoral indices, up nearly 4 per cent

Jupiter Life Line shares soar 46% on debut; SAMHI Hotels subscribed 5.3x

The IPO of Zaggle Prepaid Ocean Services saw over 12 times more demand than shares on offer

Sebi levies Rs 65 lakh fine on 5 individuals for insider trading violation

The regulator slapped a fine of Rs 20 lakh on Jaisingh Sudhirkumar Choudhary, Rs 15 lakh on Menal Rasesh Parikh and Rs 10 lakh each on Himanshu K Desai, Anirudh R Parikh and Sudhirkumar Choudhary

Stellar rally in defence stocks not pricing potential risks, says KIE

The note said there could be a market opportunity of Rs 1.6 trillion for domestic procurement by FY26 due to overall solid defence capex growth and low imports due to indigenisation