Page 1317 - Markets News
TCS up 1% as consortium bags Rs 15,000-cr order from BSNL for 4G deployment
Tejas Networks Ltd, too, is a part of the TCS-led consortium which has bagged APO for 4G deployment
 "TCS up 1% as consortium bags Rs 15,000-cr order from BSNL for 4G deployment")
Balaji Amines tanks 19%, hits 52-week low on weak Q4 results
Hemanth Reddy Gaddam has also resigned as whole-time director & CFO of the company with effect from closing hours on May 2023 to focus on its subsidiary Balaji Speciality Chemicals
 "Balaji Amines tanks 19%, hits 52-week low on weak Q4 results")
5 Adani Group stks freeze at 5% upper limit; AWL, Adani Ent surge up to 8%
Shares of Adani Group companies were in demand for the second straight trading day after the SC-appointed panel said that it not possible to conclude that there was a regulatory failure at this stage.
 "5 Adani Group stks freeze at 5% upper limit; AWL, Adani Ent surge up to 8%")
Indian rupee poised to weaken after central bank pulls 2,000-rupee notes
The Indian rupee is expected to open weaker against the US dollar after the central bank said it will withdraw the highest-value currency note from circulation
 "Indian rupee poised to weaken after central bank pulls 2,000-rupee notes")
Stocks to Watch today, May 22: Adani Group, Realty, NTPC, Zomato, Zee Ent
Stocks to watch on May 22, 2023: The Rs 2,000 note withdrawal could have an impact ont the real-estate companies, believe Indian CEOs.
 "Stocks to Watch today, May 22: Adani Group, Realty, NTPC, Zomato, Zee Ent")
Nifty could enter corrective phase; sell rallies with stop loss at 18,500
A stoploss of 18,500 will help limit potential losses in case the index moves against the anticipated correction
 "Nifty could enter corrective phase; sell rallies with stop loss at 18,500")
Statsguru: Six charts explain LIC's stock listing pains amid headwinds
Private players have diversified ways of sourcing business, while LIC is more dependent on its agents
 "Statsguru: Six charts explain LIC's stock listing pains amid headwinds")
Sebi proposes measures to contain price volatility on shares in derivative
Capital markets regulator Sebi came out with a proposal to strengthen the existing price band formulation for scrips in the derivatives segment to deepen volatility management
 "Sebi proposes measures to contain price volatility on shares in derivative")
US recession 'imminent', time to book profits, says BofA Securities
The brokerage says that with markets currently near their peaks, it "leaves room for correction with the onset of a recession in the US".
 "US recession 'imminent', time to book profits, says BofA Securities")
Street Signs: A bitter pill for Gland Pharma, Small-cap stock's F&O & more
Capital markets regulator Securities and Exchange Board of India plans to ease a rule that will make fund managers breathe a little easier
 "Street Signs: A bitter pill for Gland Pharma, Small-cap stock's F&O & more")
Six short-sellers in Adani stocks under ED, Sebi lens for insider trading
SC report, stock revival to help Adani group raise Rs 21K cr: Bankers
 "Six short-sellers in Adani stocks under ED, Sebi lens for insider trading")
Rs 2,000 note: Hawala rate at Rs 91 for $; exchange for gold at Rs 70K
In Ahmedabad, on Friday night, gold to be bought for Rs 2,000 notes opened at Rs 75,000 though prices slipped to Rs 67,000 levels on lower demand
 "Rs 2,000 note: Hawala rate at Rs 91 for $; exchange for gold at Rs 70K")
Sebi proposes curbs on extreame price movements in derivative-linked shared
India's market regulator proposed measures to contain extreme price movements in shares on which futures and options trade, including longer trading suspensions and restricting price movements
 "Sebi proposes curbs on extreame price movements in derivative-linked shared")
Centre likely to push ECGC IPO to next year amid global uncertainties
The ongoing Russia-Ukraine war and tightening of monetary policy by important central banks internationally are expected to adversely impact the valuation of ECGC if the IPO is launched now
 "Centre likely to push ECGC IPO to next year amid global uncertainties")
Onus of preventing front running, insider trading to fall on AMCs
Sebi proposal wants AMCs to design internal systems to identify misconduct of employees
 "Onus of preventing front running, insider trading to fall on AMCs")
Market regulator Sebi plans to shorten IPO listing timeline to three days
Currently, listing happens after six days from the closure of IPO
 "Market regulator Sebi plans to shorten IPO listing timeline to three days")
Sebi proposes to cut down IPO listing timeline to 3 days from 6 days
The Securities and Exchange Board of India (Sebi) has sought comments from the public till June 3 on the proposal
 "Sebi proposes to cut down IPO listing timeline to 3 days from 6 days")
Sebi asks AMCs to set up control systems to identify market manipulation
Capital markets regulator Sebi on Saturday proposed that AMCs set up surveillance and internal control systems for the deterrence of possible market abuse and fraudulent transactions
 "Sebi asks AMCs to set up control systems to identify market manipulation")
Rs 2,000 note withdrawal: It'll be business as usual for mkts, say analysts
The RBI on Friday announced the withdrawal of the Rs 2,000 currency note, citing its 'Clean Note Policy'
 "Rs 2,000 note withdrawal: It'll be business as usual for mkts, say analysts")
Sebi seeks to revamp investor grievance redressal process to strengthen it
The proposal is aimed at making the entire redressal process of grievances in the securities market comprehensive
 "Sebi seeks to revamp investor grievance redressal process to strengthen it")