Page 1434 - Markets News
Buybacks jump 2.6 times this year as stocks take a tumble, shows data
51 companies have announced Rs 37,519-crore buybacks so far
 "Buybacks jump 2.6 times this year as stocks take a tumble, shows data")
Recovery in pipeline for pipe makers with price correction down the tubes
Margins to expand, given demand recovery in key segments and falling input costs
 "Recovery in pipeline for pipe makers with price correction down the tubes")
Street Signs: FPIs dial back wagers, grey mkt premiums for IPOs, and more
Foreign portfolio investors (FPIs) have scaled back their bullish bets, nearly triggering a 500-point fall in the Nifty50 Index
 "Street Signs: FPIs dial back wagers, grey mkt premiums for IPOs, and more")
FPIs have invested Rs 4,500 cr in Indian equity markets so far in December
After investing over Rs 36,200 crore last month, foreign investors continued their positive momentum and infused Rs 4,500 crore in the Indian equity markets so far in December
 "FPIs have invested Rs 4,500 cr in Indian equity markets so far in December")
Markets to track inflation data, US Fed rate decision this week: Analysts
The trading activity in the domestic equity market this week will be largely driven by a host of macroeconomic data announcements and the US Fed interest rate decision, analysts said.
 "Markets to track inflation data, US Fed rate decision this week: Analysts")
Foreign outflows, weak IT sector stocks weigh on benchmark indices
Sensex declines in 4 out of 5 sessions in the week, Nifty50 in 3 sessions
 "Foreign outflows, weak IT sector stocks weigh on benchmark indices")
Charging bulls or grappling bears? Stocks & sectors to buy and sell in 2023
Here's how leading brokerages and research houses expect 2023 to play out for the equity markets, and their sector preferences
 "Charging bulls or grappling bears? Stocks & sectors to buy and sell in 2023")
Sebi bars AIFs from raising capital from non-compliant foreign investors
Foreign investor must be is a resident of the country whose market regulator is a signatory to either IOSCO multilateral MoU or has signed bilateral MoU with Sebi
 "Sebi bars AIFs from raising capital from non-compliant foreign investors")
Paytm surges 7% on share buyback plan; board to meet on Dec 13
The company in a release to the exchanges said that the management believes that given the company's prevailing liquidity/ financial position, a buyback may be beneficial to the shareholders.
 "Paytm surges 7% on share buyback plan; board to meet on Dec 13")
IT stocks tumble as Credit Suisse warns of valuation-led correction
Indian IT valuations, the brokerage and research house argues, are at large premium to history despite material correction from the top
 "IT stocks tumble as Credit Suisse warns of valuation-led correction")
Snapdeal defers $152 mn IPO indefinitely citing poor market conditions
Development follows shelving of IPO plans by several notable firms such as Image Marketing (owner of wearable brand Boat), Droom Technology and PharmEasy
 "Snapdeal defers $152 mn IPO indefinitely citing poor market conditions")
OZiva buyout to improve HUL's health and wellbeing in long-run: Analysts
HUL is currently present at the mass end in supplement and wellness space through Horlicks. OZiva & Wellbeing Nutrition acquisitions will help grow presence in the premium segment
 "OZiva buyout to improve HUL's health and wellbeing in long-run: Analysts")
Here's why Sensex slumped nearly 700 pts in Friday's intra-day trade
Analysts say the correction is nothing to be worried about as it is typical of markets to consolidate after reaching new record highs
 "Here's why Sensex slumped nearly 700 pts in Friday's intra-day trade")
Firms' fundraising via pvt placement of bonds more than doubles in Nov
Indian companies' fundraising through private placement of bonds more than doubled on-month in November, data from the country's capital markets regulator showed
 "Firms' fundraising via pvt placement of bonds more than doubles in Nov")
Sensex sinks 389 pts, Nifty below 18,500; IT, PSBs crack; HCL Tech down 7%
CLOSING BELL: Sectorally, defensive indices like the Nifty FMCG and Pharma held gains as they rose 0.8 per cent and 0.4 per cent
 "Sensex sinks 389 pts, Nifty below 18,500; IT, PSBs crack; HCL Tech down 7%")
Vadilal Ind soars 10% on board nod to buy 'Vadilal' brand from promoter co
The company's board on Thursday approved the purchase of the "Vadilal" brand from its promoter group entity Vadilal International; the stock later pared half of its gains
 "Vadilal Ind soars 10% on board nod to buy 'Vadilal' brand from promoter co")
Bulls fancied these 5 auto ancillaries in 2022; charts hint 25% rally ahead
Since July, most of the auto ancillary stocks have geared up with a resolute strength and continue to rally smartly seeking higher ground.
 "Bulls fancied these 5 auto ancillaries in 2022; charts hint 25% rally ahead")
Digispice Technologies tanks 7% as CEO Chandrachur Ghosh resigns
Chandrachur Ghosh will be serving his notice period till January 31, 2023, the company said
 "Digispice Technologies tanks 7% as CEO Chandrachur Ghosh resigns")
Kalpataru Power rallies 9% on board nod for Rs 99-crore fund raise via NCDs
A total of 990 NCDs of face value of Rs 10 lakh each will be issued at a coupon rate of 8.46 per cent under the fundraising plan
 "Kalpataru Power rallies 9% on board nod for Rs 99-crore fund raise via NCDs")
YES Bank zooms 15% on heavy volume, stock hits 2-year high in weak market
Shares of YES Bank vaulted 15 per cent on the BSE in Friday's intra-day deals. The jump was supported by massive volumes on the counter as 760 million shares, together, changed hands on the NSE & BSE
 "YES Bank zooms 15% on heavy volume, stock hits 2-year high in weak market")