Page 1454 - Markets News
Likhitha Infra soars 22% in two days as Ashish Kacholia buys 2% stake
The company has fixed Friday, December 02, as the record date for ascertaining the eligibility of shareholders entitled for split/subdivision of shares
 "Likhitha Infra soars 22% in two days as Ashish Kacholia buys 2% stake")
Nifty IT index surges 2%; Infy, TCS, Tech Mahindra, Coforge gain up to 3%
The US market ended higher overnight, led by gains in technology stocks, after US Federal Reserve chairman indicated that the central bank may slow pace of rate hikes. Nasdaq Composite jumped 4.4%
 "Nifty IT index surges 2%; Infy, TCS, Tech Mahindra, Coforge gain up to 3%")
NSE, SGX aim to start joint derivatives project by second quarter
The collaboration, launched in July earlier this year, would enable orders from the SGX members to be routed to NSE IFSC for trading
 "NSE, SGX aim to start joint derivatives project by second quarter")
Stocks to Watch: TCS, KPI Green, Siemens, Alstom India, Apollo Hospitals
Stocks to Watch Today: In the F&O space, BHEL, Delta Corp, Indiabulls Housing Finance and PNB are the stocks in ban period on Thursday.
 "Stocks to Watch: TCS, KPI Green, Siemens, Alstom India, Apollo Hospitals")
Is it time to shift to private bank stocks?
The rally in public sector banks, after their impressive September quarter performance, may soon fizzle out. Should investors turn to their private peers for better returns?
 "Is it time to shift to private bank stocks?")
Scaling a new peak: FPIs, global cues propel Sensex past 63,000 mark
FPIs bought shares worth Rs 9,010 crore on Wednesday, according to provisional data from exchanges
 "Scaling a new peak: FPIs, global cues propel Sensex past 63,000 mark")
Our goal will be to go public within the next three years: Mohit Batra
MarketsMojo is the first platform to cover all publicly traded companies, portfolio advisories, model portfolios, and equity market data.
 "Our goal will be to go public within the next three years: Mohit Batra")
Market regulator Sebi bars FWCS, its directors from markets for 1 year
In its interim order, the regulator found FWCS and its directors were prima facie found to have violated the provisions of PFUTP rules and IA norms
 "Market regulator Sebi bars FWCS, its directors from markets for 1 year")
Food delivery firm Zomato stake sale fetches Rs 1,631 crore for Alibaba
Prior to the stake sale, Alipay held 6.7 per cent stake in Zomato while affiliate firm Antfin holds another 6.6 per cent share in the foodtech giant
 "Food delivery firm Zomato stake sale fetches Rs 1,631 crore for Alibaba")
NSE IFSC-SGX Connect full scale operation targeted for Q2 of 2023
Currently, 14 SGX Clearing Members have been onboarded for the transition
 "NSE IFSC-SGX Connect full scale operation targeted for Q2 of 2023")
Dharmaj Crop IPO subscribed 36 times; promising start for Uniparts
It raised Rs 216 crore by issuing fresh equity in the IPO
 "Dharmaj Crop IPO subscribed 36 times; promising start for Uniparts")
Gland Pharma stock seen underperforming after acquiring France's Cenexi
Lack of near-term visibility on profitability for the core business is another concern about Indian firm
 "Gland Pharma stock seen underperforming after acquiring France's Cenexi")
IGL, MGL gain up to 4% post Kirit Parikh panel gas pricing recommendations
The S&P BSE Oil & Gas index hit a 52-week high of 20,653.57 in intra-day trade on Wednesday
 "IGL, MGL gain up to 4% post Kirit Parikh panel gas pricing recommendations")
D-Street throws Thanksgiving party in November; Sensex, Nifty up 10%
The rally was underpinned by strong inflows from foreign portfolio investors (FPIs)
 "D-Street throws Thanksgiving party in November; Sensex, Nifty up 10%")
Indian markets log new highs even as global peers stare at losses
Experts say gains by Indian equities will be steady if is no crude oil price surge
 "Indian markets log new highs even as global peers stare at losses")
Key challenge for new BSE chief: Keep NSE, rival he helped build, in check
Having spent nearly two decades at the country's largest bourse, Ramamurthy is among the early architects of NSE and understands all the cogs of the exchange wheel like only a few others
 "Key challenge for new BSE chief: Keep NSE, rival he helped build, in check")
Sebi penalises 15 firms for manipulating Parichay Investments stock prices
Markets regulator Sebi on Wednesday levied fines totalling Rs 1.15 crore on 15 entities for manipulating the share price of Parichay Investments Ltd (PIL)
 "Sebi penalises 15 firms for manipulating Parichay Investments stock prices")
Sebi reduces timeline to list debt securities issued on pvt placement basis
Markets regulator Sebi on Wednesday reduced the timeline for listing of debt securities issued on a private placement basis to three days.
Sensex hits 63K, gains 418pts; Nifty ends at record high of 18,750
CLOSING BELL: The S&P BSE Sensex scaled a new summit at 63,303, and settled above 63,000-mark for the first-time ever. The Nifty 50 hit a new all-time high at 18,816 on Wednesday.
 "Sensex hits 63K, gains 418pts; Nifty ends at record high of 18,750")
Sebi launches investigation against finfluencer P R Sundar and his son
Sundar isn't registered with Sebi, has been giving options trading advice and training on his social media handles. He has a million subscribers on YouTube, 480,000 followers on Twitter
 "Sebi launches investigation against finfluencer P R Sundar and his son")