Page 1427 - Markets News
After a positive year, Sensex witnesses worst December in 10 years
The Sensex declined 3.5 per cent in December - its worst last-month returns since 2011
 "After a positive year, Sensex witnesses worst December in 10 years")
FPI inflow continues in Dec; equities corner Rs 11,119-cr investment
Overall, FPIs have made a net withdrawal of Rs 1.21 trn from the Indian equity markets in 2022 on aggressive rate hikes by the central banks globally, particularly the US Fed, volatile crude
 "FPI inflow continues in Dec; equities corner Rs 11,119-cr investment")
China Covid, macro data, global trends to drive markets this week: Analysts
Markets would also keep a track on rupee movement, Brent crude oil prices and foreign fund investment trends
 "China Covid, macro data, global trends to drive markets this week: Analysts")
Mcap of eight of top-10 firms jumps Rs 1.35 trn; SBI, RIL major winners
The market capitalisation (mcap) of Reliance Industries climbed Rs 31,568.08 crore to Rs 17,23,979.45 crore
 "Mcap of eight of top-10 firms jumps Rs 1.35 trn; SBI, RIL major winners")
Record domestic inflows counter FPI pullout, keep market afloat in 2022
Mutual funds' net equity investment in 2022 highest ever at Rs 1.8 trillion; domestic investors as a whole pump in Rs 2.74 trillion
 "Record domestic inflows counter FPI pullout, keep market afloat in 2022")
Stock markets maintain winning streak for seventh consecutive year
Outperform most global peers even as returns moderate to just over 4% in 2022
 "Stock markets maintain winning streak for seventh consecutive year")
IEX gets shareholders' nod to buy back shares worth up to Rs 98 crore
The proposal to buy back shares worth up to Rs 98 crore approved by requisite majority through postal ballot, showed a BSE filing
 "IEX gets shareholders' nod to buy back shares worth up to Rs 98 crore")
Last trading day: Indices end in red owing to fag-end selling amid losses
The 30-share BSE Sensex fell 293.14 points or 0.48 per cent to settle at 60,840.74 on Friday. During the day, it had risen by 258.8 points or 0.42 per cent to a high of 61,392.68
With NSE for years, Ramamurthy now set to take over as BSE chief on Jan 4
He is among the early architects of NSE, handling various positions from 1995 to 2014; Till recently, he was Chief Operating Officer-India at Bank of America
 "With NSE for years, Ramamurthy now set to take over as BSE chief on Jan 4")
Sebi asks exchanges to set up system shielding against broker's tech glitch
IRRA service will be enabled upon the request of stockbrokers facing glitches that disrupt trading
 "Sebi asks exchanges to set up system shielding against broker's tech glitch")
Elin Electronics makes muted market debut; shares settle nearly 8% lower
The stock made its debut at Rs 243, a decline of 1.61 per cent against the issue price on the BSE
 "Elin Electronics makes muted market debut; shares settle nearly 8% lower")
Sebi bans DS Capital Venture, its directors from markets for 3 years
Accordingly, an inspection of DS Capital was approved by the regulator to examine the compliance of IA (Investment Advisers) regulations
 "Sebi bans DS Capital Venture, its directors from markets for 3 years")
Multiple growth avenues may give a fillip to Sumitomo Chemical stock
The stock has recovered some lost ground since November, as the Glyphosate herbicide overhang is behind for now
 "Multiple growth avenues may give a fillip to Sumitomo Chemical stock")
Adani group buys NDTV's promoters' stake at 17% premium, takes control
Adani group gained full control of broadcaster NDTV after it acquired most of founders Prannoy Roy and Radhika Roy's stake at premium of almost 17% over rate it paid to minority shareholders of firm
 "Adani group buys NDTV's promoters' stake at 17% premium, takes control")
Dalal Street investors became richer by more than Rs 16.38 trillion in 2022
Dalal Street investors became richer by more than Rs 16.38 lakh crore this year as the equity market scaled new highs despite persistent geopolitical uncertainties and inflation worries.
 "Dalal Street investors became richer by more than Rs 16.38 trillion in 2022")
Global stocks ends gloomy year amid soaring inflation while dollar triumphs
The dollar, a beneficiary of rising U.S. interest rates, was on track for its best annual performance in seven years.
 "Global stocks ends gloomy year amid soaring inflation while dollar triumphs")
Sensex up 4.4% in 2022; ends last trading day 293 pts lower at 60,841
CLOSING BELL: The NSE Nifty 50 declined 86 points to 18,105, and was up 4.3 per cent for the year 2022. Broader indices - the BSE Midcap and Smallcap outperformed in trades on Friday.
 "Sensex up 4.4% in 2022; ends last trading day 293 pts lower at 60,841")
Indian Railway Finance Corporation pays Rs 903 crore dividend to govt
The Central government has received Rs 903 crore and Rs 78 crore from the Indian Railway Finance Corporation Ltd (IRFC) and RITES Ltd respectively as dividend tranches.
 "Indian Railway Finance Corporation pays Rs 903 crore dividend to govt")
RBL Bank jumps 5% to hit new 52-week high; surges 22% in past one week
The stock has recovered 150 per cent from its record low level of Rs 74.15, touched on June 20, 2022
 "RBL Bank jumps 5% to hit new 52-week high; surges 22% in past one week")
Solar Industries hits all-time high, rallies 6% on stable outlook
The Atmanirbhar Bharat Abhiyan of the GoI, which is aimed at curtailing import dependence and increasing the sourcing of indigenous defence products, also presents large growth opportunities.
 "Solar Industries hits all-time high, rallies 6% on stable outlook")