Page 1454 - Markets News
This newly listed SME stock has zoomed 107% against its issue price
With today's rally, the stock price of Technopack Polymers has more-than-doubled or zoomed 107 per cent against its issue price of Rs 55 per share
 "This newly listed SME stock has zoomed 107% against its issue price")
Key support for MCX Crude Oil near Rs 6,200; Natural Gas may consolidate
The MCX Crude Oil December futures could test Rs 7,100-level on the upside as long as the commodity manages to sustain above the 100-WMA support.
 "Key support for MCX Crude Oil near Rs 6,200; Natural Gas may consolidate")
Gland Pharma enters into agreement to acquire Cenexi; stock slips 5%
The acquisition provides Gland Pharma access to leading know-how and development capabilities in sterile forms including for ophthalmic gel, needleless injectors and hormones, the company said
 "Gland Pharma enters into agreement to acquire Cenexi; stock slips 5%")
JK Lakshmi Cement hits record high, stock soars 28% in November
The stock was trading higher for the third straight day and has gained 6 per cent during this period.
 "JK Lakshmi Cement hits record high, stock soars 28% in November")
Uniparts India IPO: Here's why analysts recommend subscribing to the issue
Uniparts India IPO: Brokerages say the issue is reasonably valued given the company's robust financial profile and leading global market position in its core products
 "Uniparts India IPO: Here's why analysts recommend subscribing to the issue")
353 million shares of Zomato change hands on NSE; stock trades firm
According to media reports, Alibaba Group Holding Ltd plans to sell a stake of about 3 per cent in Indian food delivery firm Zomato worth $200 million through a block deal
 "353 million shares of Zomato change hands on NSE; stock trades firm")
Vinay Rajani expects Nifty to remain bullish, sees 18,735 as next hurdle
Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Triveni Engineering and GMM Pfaudler.
 "Vinay Rajani expects Nifty to remain bullish, sees 18,735 as next hurdle")
Stocks to Watch: Zomato, SBI, Adani Group, Britannia, ONGC, Gland Pharma
Stocks to Watch Today: According to reports, Zomato is likely to witness a block deal on Wednesday.
 "Stocks to Watch: Zomato, SBI, Adani Group, Britannia, ONGC, Gland Pharma")
Will Indian equities be able to tide over emerging risks?
From high valuations to moderation in growth, analysts say risks are emerging for Indian equities, and investors need to be careful in their approach. But are the risks too strong for India?
 "Will Indian equities be able to tide over emerging risks?")
Valuation, capital gains tax treatment key risks for the market: Analysts
The government, reports suggest, may rationalise long-term capital gains tax (LTCG) structure by bringing parity between similar asset classes
 "Valuation, capital gains tax treatment key risks for the market: Analysts")
Crude oil prices can rise up to $110 a barrel in 2023, say analysts
Brent crude oil prices have slipped nearly 15 per cent in the last few weeks, from a peak of around $98 a barrel to a little over $83 a barrel now despite OPEC+ cutting supply
 "Crude oil prices can rise up to $110 a barrel in 2023, say analysts")
NSEL scam: Sebi bans five major commodity brokers for six months
The brokers had appealed to the Securities Appellate Tribunal (SAT) against a previous order by Sebi issued in 2019
 "NSEL scam: Sebi bans five major commodity brokers for six months")
Market regulator Sebi plans simplified BRSR, ESG rating regulations
Buch calls for independence of emerging economies in ESG matters, carbon credit pricing
 "Market regulator Sebi plans simplified BRSR, ESG rating regulations")
Sebi sets up three panels to push market reforms, ease of doing business
Experts to advise changes to framework around FPI, takeover code and social stock exchanges
 "Sebi sets up three panels to push market reforms, ease of doing business")
Sebi overhauls advisory panels on FPIs, social stock exchange
Capital markets regulator Sebi has restructured its advisory committees pertaining to foreign portfolio investors (FPIs) and social stock exchange
 "Sebi overhauls advisory panels on FPIs, social stock exchange")
ICICI Bank, HUL, ITC help lift Sensex 177 pts, Nifty above 18,600; PSBs dip
CLOSING BELL: The S&P BSE Sensex hit a fresh life-time high at 62,887, and the Nifty 50 registered a new summit at 18,678 on Tuesday.
 "ICICI Bank, HUL, ITC help lift Sensex 177 pts, Nifty above 18,600; PSBs dip")
JK Tyre hits all-time high; share price more than doubles in 5 months
Till 02:35 pm, a combined 14.7 million equity shares representing 6 per cent of total equity of the company had changed hands on the NSE and BSE.
 "JK Tyre hits all-time high; share price more than doubles in 5 months")
Stock brokers' body seeks industry status for registered mkt intermediaries
Ahead of the Union Budget 2023-24, stock brokers' association Anmi has urged the government to accord industry status to Sebi-registered intermediaries
MF route to buy a Merc? Senior executive's comment starts Twitter debate
Spotlight turns on why middle class Indians use SIP for securing their financial goals
 "MF route to buy a Merc? Senior executive's comment starts Twitter debate")
Cosmo First soars 17% in 2 days on company's share buyback plan
Despite the past two days' rally, the stock of Cosmo First has underperformed the market in the past six months by falling nearly 30 per cent
 "Cosmo First soars 17% in 2 days on company's share buyback plan")