Page 1445 - Markets News
Gold ETFs log Rs 195 crore outflow in November on profit booking
After attracting funds in October, gold exchange-traded funds (ETFs) witnessed a net outflow of Rs 195 crore last month primarily due to profit booking amidst a rally in the markets
 "Gold ETFs log Rs 195 crore outflow in November on profit booking")
With over 100 profitable startups India poised to see IPOs in next 5 yrs
While the stock performances of tech IPOs, compared to other consumer companies, witness a steeper crash, India is poised to see more than 100 large-scale profitable/path-to-profitability startups
 "With over 100 profitable startups India poised to see IPOs in next 5 yrs")
Sensex surges 403 pts; Nifty tops 18,600; PSU Bank index leaps 4%, IT 1%
CLOSING BELL: IndusInd Bank, Bajaj Finance, M&M, Tech M, HCL Tech, Infosys, TCS, Ultratech Cement, and Bajaj Finserv were the top gainers on the 30-pack index
 "Sensex surges 403 pts; Nifty tops 18,600; PSU Bank index leaps 4%, IT 1%")
Macrotech Developers below QIP price after 7% fall today; down 25% in 1 yr
Macrotech Developers' promoters have raised Rs 3,547 crore by selling shares around 7.2% of the company's equity share capital to institutional investors at the offer price of Rs 1,026 per share
 "Macrotech Developers below QIP price after 7% fall today; down 25% in 1 yr")
BSE adds 10 million investors in 148 days to reach 120 million-mark
Bombay Stock Exchange on said it has added 10 million registered investor accounts to its platform in a span of 148 days, taking the total count to 120 million
 "BSE adds 10 million investors in 148 days to reach 120 million-mark")
Kalyan Jewellers hits new high on expansion plans; stock up 14% in 3 days
With this recent gain, the stock quoted 41 per cent higher against its issue price of Rs 87 per share
 "Kalyan Jewellers hits new high on expansion plans; stock up 14% in 3 days")
YES Bank re-enters top-100 most valued firms list; stock up 30% in 3 days
At 12:52 pm; with market-cap of Rs 57,380 crore, YES Bank stood at 92nd position in overall market-cap ranking, the BSE data shows
 "YES Bank re-enters top-100 most valued firms list; stock up 30% in 3 days")
Dharmaj Crop slips 11% in three days; falls below issue price of Rs 237
The stock had recently made a decent debut, with its shares listed at Rs 266 - a 12 per cent premium to its issue price.
 "Dharmaj Crop slips 11% in three days; falls below issue price of Rs 237")
Soaring prices could trigger up to 17% upside in these 5 fertiliser stocks
The overall trend in the fertiliser space remains bullish, with stocks like Chambal Fertilizers & Chemicals, Aries Agro and National Fertilizers indicating strong upside ahead
 "Soaring prices could trigger up to 17% upside in these 5 fertiliser stocks")
Does 2023 belong to the Bulls, or will the Bears reign supreme?
Business Standard's Puneet Wadhwa caught up with Abhiram Eleswarapu, CEO and head of India equities at BNP Paribas on how he thinks equity markets will play out in 2023, and his sector preferences
 "Does 2023 belong to the Bulls, or will the Bears reign supreme?")
What is a share buyback?
If the Paytm board approves the buyback, it will become the 51st company to announce a stock repurchase agreement in 2022. But what is a share buyback? Why does a company undertake it?
 "What is a share buyback?")
Paytm board to consider share buyback today; check all details here
According to the company's liquidity report, Paytm has liquidity of Rs 9,182 crore, and in November, the company stated that it would become cash flow positive in the next 12-18 months
Dalmia Bharat dips 5% a day after inking deal to buy Jaiprakash's biz units
Meanwhile, Jaiprakash Associates dipped 8 per cent to Rs 10.81, falling 13 per cent from its intra-day high, and Jaiprakash Power Ventures declined 5 per cent to Rs 7.90 on the BSE.
 "Dalmia Bharat dips 5% a day after inking deal to buy Jaiprakash's biz units")
Stock of this PSU bank has nearly doubled in just nine trading sessions
Punjab & Sind Bank trading higher for the fourth straight day, surging 42 per cent during the period, and quoted at its highest level since February 2018.
 "Stock of this PSU bank has nearly doubled in just nine trading sessions")
KEC International soars 7% on securing new orders worth of Rs 1,349 crore
Analyst at Reliance Securities said, considering strong revenue visibility backed by healthy order book, earnings momentum with higher margin from Q4FY23 onwards and likely improvement in return ratio
 "KEC International soars 7% on securing new orders worth of Rs 1,349 crore")
India to attract $10 bn in green energy investment in 2023: Bank of America
India could attract close to $10 billion in renewable energy investment in 2023, a bright spot as public markets remain largely shut to big-ticket capital raising, according to Bank of America
 "India to attract $10 bn in green energy investment in 2023: Bank of America")
Here's why Mehul Kothari is bullish on BPCL, Thomas Cook
According to the technical analyst from Anand Rathi, BPCL can rally to Rs 365; while Thomas Cook can jump to Rs 88.
Stocks to watch: Dalmia Bharat, ICICI Bank, Paytm, ONGC, KEC International
Stocks to watch today: ICICI Bank raised Rs 5,000 crore through bonds to fund business growth; Dalmia Bharat acquired cement assets of Jaypee Group's company for Rs 5,666 crore
 "Stocks to watch: Dalmia Bharat, ICICI Bank, Paytm, ONGC, KEC International")
Sensex, Nifty end marginally lower ahead of US Fed's policy meet
Investors remained on the sidelines ahead of industrial production and retail inflation data scheduled to be announced after market hours, traders said
 "Sensex, Nifty end marginally lower ahead of US Fed's policy meet")
After market shivers, volatility thaws out in second half of 2022
Revival in FPI flows, sharp recovery from year's lows in June helped calm investor nerves