Page 1362 - Markets News
Unauthorised investment advisory services: Sebi bans 4 for six months
In two separate orders, Sebi found that these entities were engaged in the business of providing investment advice to their clients, for consideration, without obtaining Sebi's registration
 "Unauthorised investment advisory services: Sebi bans 4 for six months")
Despite market volatility, 25 million demat accounts added in FY23
Going forward, experts believe that the growth in new demat accounts will depend on the market trajectory
 "Despite market volatility, 25 million demat accounts added in FY23")
Stock market holiday: BSE and NSE to remain closed today on Good Friday
Stock market holiday today: Full list of stock market holidays in 2023 here
 "Stock market holiday: BSE and NSE to remain closed today on Good Friday")
NSE, BSE to move Adani Green to long term additional surveillance 1st stage
In two separate circulars, the bourses said Adani Green Energy will continue in the framework but will be moved to respective lower stage ASM from April 10
 "NSE, BSE to move Adani Green to long term additional surveillance 1st stage")
Mkts see optimism in RBI's status quo, gain for 5th day after initial fall
Gains in index majors HDFC twins and Reliance Industries helped offset losses in IT, Power and FMCG stocks amid weak global trends
 "Mkts see optimism in RBI's status quo, gain for 5th day after initial fall")
Street sees no major surprise in RBI's interest rate pause decision
Realty stocks could see more gains while banking and NBFCs may witness a relief rally
 "Street sees no major surprise in RBI's interest rate pause decision")
Fund houses ponder ways to cushion tax blow to debt mutual funds
New offerings, lowering costs, debt-plus arbitrage schemes among measures planned
 "Fund houses ponder ways to cushion tax blow to debt mutual funds")
Sensex up 144pts, Nifty nears 17,600 as RBI pauses hike; realty stocks jump
CLOSING BELL: Shaktikanta Das said the move was only "a pause and not a pivot"
 "Sensex up 144pts, Nifty nears 17,600 as RBI pauses hike; realty stocks jump")
This casting & forging company stock has zoomed 107% in less than 10 months
RK Forgings and Titagarh consortium had recently won Rs 12,226 cr contract for manufacturing and supply of 1.54 mn forged wheels of different rolling stocks to the Railways over a period of 20 years.
 "This casting & forging company stock has zoomed 107% in less than 10 months")
Anupam Rasayan hits 52-week high; zooms 58% in 2 mths on strong biz outlook
Last month, ARIL signed LoI worth revenue of $120 million (Rs 984 crore) for the next 6 years with Japanese Chemical company
 "Anupam Rasayan hits 52-week high; zooms 58% in 2 mths on strong biz outlook")
Singer India hits 10% upper circuit as Rakesh Khanna takes over as VC & MD
Khanna was the MD & CEO of Orient Electric, a leader in consumer appliances, with revenues of over Rs 2,500 crore
 "Singer India hits 10% upper circuit as Rakesh Khanna takes over as VC & MD")
Godrej Consumer regains Rs 1 trn m-cap, hits 52-wk high on strong Q4 update
On a consolidated level, the company expects to deliver double-digit growth in rupee terms led by mid-single digit volume growth
 "Godrej Consumer regains Rs 1 trn m-cap, hits 52-wk high on strong Q4 update")
SBI, DLF: Trading strategies for rate sensitive stocks post RBI policy
An unchanged repo rate may propel rate sensitive stocks to rise up to 15 per cent
 "SBI, DLF: Trading strategies for rate sensitive stocks post RBI policy")
Sugar stocks in focus: Balrampur hits 11-month high; Triveni, Dalmia up 3%
India's sugar production fell 3 per cent to 29.9 million tonnes (MT) in the first six months of the 2022 23-marketing year ending September, according to industry body ISMA.
 "Sugar stocks in focus: Balrampur hits 11-month high; Triveni, Dalmia up 3%")
Rate sensitive shares gain up to 3% as RBI keeps repo rate unchanged
SBI, Indian Bank, UCO Bank, Bank of Maharashtra, Punjab & Sind Bank, Canara Bank and Punjab National Bank from the PSU banks were up in the range of 1 - 3 per cent.
 "Rate sensitive shares gain up to 3% as RBI keeps repo rate unchanged")
Avenue Supermarts dips 3% on profit booking post Q4 business update
The stock had gained up to 11 per cent in the last five straight trading sessions.
 "Avenue Supermarts dips 3% on profit booking post Q4 business update")
TTK Healthcare hits 5-year high on delisting plan; zooms 70% in 14 days
The board of directors are scheduled to meet on April 20, 2023 to consider the proposal for voluntary delisting of the equity shares of the company.
 "TTK Healthcare hits 5-year high on delisting plan; zooms 70% in 14 days")
Stocks to Watch: Dmart, Tata Steel, HeroMoto, Nykaa, Equitas SFB, Godrej CP
Stocks to Watch: Hero MotoCorp is now looking to cut flab and move towards a leaner organisation. It has launched a voluntary retirement scheme for its staff to make the organisation agile
 "Stocks to Watch: Dmart, Tata Steel, HeroMoto, Nykaa, Equitas SFB, Godrej CP")
Nifty Auto likely to remain range-bound in near-term, says Ravi Nathani
According to the technical analyst, the Nifty Auto Index is expected to remain range-bound in the near term, with a potential breakout in either direction likely to trigger a directional bias
 "Nifty Auto likely to remain range-bound in near-term, says Ravi Nathani")
RBI rate hike touch & go affair amid inflation, growth concerns, swaps show
Policy decisions this week from some of the Reserve Bank of India's global peers offer a good reason for the split
 "RBI rate hike touch & go affair amid inflation, growth concerns, swaps show")