Page 1450 - Markets News
Adani firms, RIL share honours in Motilal Oswal wealth-creation study
The biggest wealth creator in absolute terms is Mukesh Ambani-led Reliance Industries, with an increase in market capitalisation of Rs 13 trillion between 2017 and 2022
 "Adani firms, RIL share honours in Motilal Oswal wealth-creation study")
Podcast: How long will the rally in railway stocks sustain?
Will railway stocks be able to hold on to their recent gains. Listen to this podcast to know more
 "Podcast: How long will the rally in railway stocks sustain?")
Auto dealership chain Landmark Cars IPO to open from December 13-15
Automobile dealership chain Landmark Cars Ltd on Thursday said it has fixed a price band of Rs 481-506 per share for its Rs 552 crore initial share-sale that opens for public subscription on December 13.
 "Auto dealership chain Landmark Cars IPO to open from December 13-15")
Dharmaj Crop extends gains after listing at 12% premium over issue price
Dharmaj Crop Guard made a good debut on the bourses on Thursday. The shares of the agrochemical company listed at Rs 266 per share on the BSE and the National Stock Exchange (NSE)
 "Dharmaj Crop extends gains after listing at 12% premium over issue price")
Indices up, bank stocks gain most; Sensex rises 160 points in choppy trade
The benchmark BSE Sensex rose by 160 points on Thursday in choppy trade following gains in select banking and auto counters amid mixed global cues.
 "Indices up, bank stocks gain most; Sensex rises 160 points in choppy trade")
Axis Bank stock hits lifetime high, rises 4% in 3 days on a stable outlook
Focus on risk adjusted business growth and improving margin trajectory is seen aiding return ratios with sustainability of performance to drive valuation ahead for Axis Bank, analysts
 "Axis Bank stock hits lifetime high, rises 4% in 3 days on a stable outlook")
New norms likely to hit demand, keep CG Consumer stock under pressure
The new norms will make it mandatory for ceiling fans to have star ratings, as is currently the case with air conditioners and refrigerators
 "New norms likely to hit demand, keep CG Consumer stock under pressure")
Demat additions lukewarm despite market's extended run in November
About 1.8 million new accounts added, 20% below monthly average for calendar 2022
 "Demat additions lukewarm despite market's extended run in November")
Rail stocks may chug along till budget; book profit selectively: Analysts
Railway stocks: In the upcoming budget, the railways has reportedly sought gross budgetary support (GBS) of Rs 1.5-1.8 trillion over the Rs 1.37 trillion figure earmarked during Budget 2022-23
 "Rail stocks may chug along till budget; book profit selectively: Analysts")
Sebi receives over 30,000 whistleblower complaints: Chief vigilance officer
If we continue to misuse this policy with frivolous and mischievous complaints, then we are blunting it," she said
 "Sebi receives over 30,000 whistleblower complaints: Chief vigilance officer")
Subramanian Swamy alleges differential treatment by market regulator Sebi
Seeks the Sebi chair's intervention and probe in specific cases of violations
 "Subramanian Swamy alleges differential treatment by market regulator Sebi")
Sensex snaps 4-day losing run, gains 160 pts; PSU bank index leaps 4%
CLOSING BELL: Individually, Punjab and Sind Bank (PSB), Bank of India, Bank of Baroda, Central Bank of India, Indian Overseas Bank, and UCO Bank gained between 6 per cent and 15 per cent
 "Sensex snaps 4-day losing run, gains 160 pts; PSU bank index leaps 4%")
PSB index soars 3%; these three constituents have zoomed over 50% in 1 mth
In the past one month, the Nifty PSU Bank index has rallied 17.4 per cent as against a 2.1 per cent gain in the S&P BSE Sensex
 "PSB index soars 3%; these three constituents have zoomed over 50% in 1 mth")
LTIMindtree down 2%; sheds 9% in four days after market debut
LTIMindtree has emerged as the fifth largest IT services player in terms of market capitalization post-merger
Post impressive Q2 results: SBI, Coal India look set for up to 21% rally
Coal India, SBI and Adani Enterprises continue to trade with a robust bullishness, while TVS Motor and Bajaj Finance seem to be struggling to hold their ground, technical charts show.
 "Post impressive Q2 results: SBI, Coal India look set for up to 21% rally")
Sun Pharma slips nearly 4% as USFDA issues import alert on Halol facility
For the year ended March 31, 2022, supplies to the US market from the Halol facility accounted for approximately 3 per cent of the company's consolidated revenues.
 "Sun Pharma slips nearly 4% as USFDA issues import alert on Halol facility")
Triveni Engineering dips 5% after nearly 9% equity change hands on BSE
At 09:15 am; around 20.73 million equity shares representing 8.58 per cent total equity of Triveni Engineering changed hands on the BSE, the exchange data shows.
 "Triveni Engineering dips 5% after nearly 9% equity change hands on BSE")
Why India's growth should stay resilient
Indian property cycle has multi-year pent-up demand and is more dependent onpricing sentiments (now strengthening) instead of mortgage rates.
 "Why India's growth should stay resilient")
Stocks to Watch: Auto, Voda Idea, Axis, IDBI Bank, Dabur, Spandana Sphoorty
Stocks to Watch Today: Markets to track Gujarat, Himachal Pradesh assembly results. Shares of rate sensitive sectors to be in focus as RBI policy signals likely further rate hikes.
 "Stocks to Watch: Auto, Voda Idea, Axis, IDBI Bank, Dabur, Spandana Sphoorty")
Sebi to auction properties of 4 firms on Jan 10 to recover investors' money
A total of 25 properties of the four companies will be auctioned at a reserve price totalling Rs 12.2 crore