Page 1462 - Markets News
Nifty may resume up trend; BUY MAS Finance, GMM Pfaudler, says Vinay Rajani
The technical & derivative analyst from HDFC Securities expects Nifty to find support around 18,100 for now.
 "Nifty may resume up trend; BUY MAS Finance, GMM Pfaudler, says Vinay Rajani")
Sebi penalises entity, directors for violating regulatory norms
Markets regulator Sebi on Tuesday imposed a penalty of Rs 50 lakh on an entity and its directors for violating the regulatory norms in the case of CapitalVia Global Research Ltd
 "Sebi penalises entity, directors for violating regulatory norms")
Sebi extends one-time stock option settlement scheme by two months
Scheme provides a settlement opportunity to entities that have executed trade reversals in stock options from April 2014 to Sept 2015, and against whom adjudication proceedings are pending
Easing material costs to aid Pidilite margins, near-term pressures weigh
Upsides from current levels may be capped due to higher valuations
 "Easing material costs to aid Pidilite margins, near-term pressures weigh")
Withdrawal of start-up IPOs take wind out of sails of unlisted market
Share prices, trading activity slump amid rising uncertainty for startup listings
 "Withdrawal of start-up IPOs take wind out of sails of unlisted market")
Indices end three-day losing streak as metal, IT stocks see big gains
Only five counters closed with losses -Nestle India, Bharti Airtel, PowerGrid, HDFC Bank and Kotak Mahindra Bank, slipping up to 0.76%
 "Indices end three-day losing streak as metal, IT stocks see big gains")
Paytm stock crashes 11% to end at all-time low of Rs 477 a share
Macquarie report says the fintech firm could face headwinds with the entry of Jio Financial Services, which may focus on consumer and merchant lending, the mainstay of Paytm's business
 "Paytm stock crashes 11% to end at all-time low of Rs 477 a share")
Titan Case: Sebi levies Rs 2 lakh fine for violating insider trading norms
The transactions were carried out by the designated person/employee of TCL between April 2018 to March 2019
BNP Paribas Arbitrage offloads 48,00,000 shares of Wipro worth Rs 186 cr
The shares were disposed of at an average price of Rs 387 per piece, taking the transaction value to Rs 185.76 crore
 "BNP Paribas Arbitrage offloads 48,00,000 shares of Wipro worth Rs 186 cr")
Indian markets are likely to underperform peers in the short-run: Analysts
Among the lot, US equities still have a lot of room to catch up as the US Federal Reserve (US Fed) slows its pace of rate hikes, analysts say
 "Indian markets are likely to underperform peers in the short-run: Analysts")
Motilal Oswal AMC to accept fresh investments in international schemes
The AMC had suspended fresh subscriptions to these schemes in Jan after the MF industry came close to breaching global investment limit
 "Motilal Oswal AMC to accept fresh investments in international schemes")
Sebi extends deadline for public comments on cloud framework paper
"It has been decided to extend the timeline for submission of comments to November 28, 2022," Sebi said
 "Sebi extends deadline for public comments on cloud framework paper")
Paytm has lost over Rs 1 trillion in market cap since its issue
Paytm's m-cap, which was over Rs 1.38 trillion at the time of the launch of the IPO, has declined 77 per cent in just over a year to Rs 30,971 crore
 "Paytm has lost over Rs 1 trillion in market cap since its issue")
Sebi extends deadline for settlement scheme on illiquid stock options cases
The deadline has been extended till January 21 for the entities who were involved in reversal trades in the stock options segment on BSE in 2014 and 2015
Sensex snaps 3-day losing streak, rises 274 pts; Paytm slumps 11%, PSBs up
CLOSING BELL: Shares of Paytm hit an intra-day low of Rs 474 apiece, and ended at Rs 475.
 "Sensex snaps 3-day losing streak, rises 274 pts; Paytm slumps 11%, PSBs up")
Hi-Tech Pipes surges 18% as board to mull fund raising on November 24
The board will meet to consider fund raising through preferential issue of security(ies) to the person belonging to promoter/promoter group/non promoter group category
 "Hi-Tech Pipes surges 18% as board to mull fund raising on November 24")
PSU Bank index soars 73% from June lows; UCO, BOI, Canara zoom up to 102%
In the past one month, the Nifty PSU Bank index has rallied 31 per cent as compared to a 2.8 per cent rise in the Nifty 50 index
 "PSU Bank index soars 73% from June lows; UCO, BOI, Canara zoom up to 102%")
SBI Card, Bandhan Bk: 5 stocks can drop up to 13% if mkt sell-off deepens
Market participants usually opt for mid-cap or small-cap stocks. But, if one fails to pick the right stock, investment in such stocks can result into huge losses
 "SBI Card, Bandhan Bk: 5 stocks can drop up to 13% if mkt sell-off deepens")
Nykaa shares decline 5% for second straight day on heavy volumes
Since Nov 10, when the stock price of Nykaa turned ex-bonus and the lock-in period ended, investors as well as private equity firms have offloaded around 181 million equity shares
 "Nykaa shares decline 5% for second straight day on heavy volumes")
LIC trims stake in large-caps: Check how Sun Pharma, Maruti look on charts
The technical outlook for Sun Pharma and Maruti remains bullish, while the trend for Bajaj Auto is looking weak on charts. Power Grid, meanwhile, needs to overcome the hurdle of Rs 240 level
 "LIC trims stake in large-caps: Check how Sun Pharma, Maruti look on charts")