Page 1463 - Markets News
Carlyle Group sells Rs 607 crore shares in logistics firm Delhivery
The six-month post-initial public offering (IPO) lock in on shares of Delhivery ended on November 20
 "Carlyle Group sells Rs 607 crore shares in logistics firm Delhivery")
Sensex drops 519pts, Nifty below 18,200; Easy Trip up 20%, Archean Chem 12%
CLOSING BELL: Over 35 stocks fell on the Nifty50 index, led by Adani Ports, Hindalco, TCS, HDFC, Tech M, Reliance Industries, Hero MotoCorp, Infosys, Grasim, JSW Steel, and Bajaj Finance
 "Sensex drops 519pts, Nifty below 18,200; Easy Trip up 20%, Archean Chem 12%")
RHI Magnesita soars 14% post acquisition of Dalmia's Indian refractory biz
Based on the issuance price of RHI Magnesita India at Rs 632.5029 per share, the share consideration had a value of approximately Rs 1,708 crore.
 "RHI Magnesita soars 14% post acquisition of Dalmia's Indian refractory biz")
Deepak Fertilisers, Aarti Ind soar up to 8% on plans to ink Rs8,000 cr deal
Both parties plan to execute the formal agreement before the close of this calendar year and the supply arrangement comes into effect from 1st April 2023.
 "Deepak Fertilisers, Aarti Ind soar up to 8% on plans to ink Rs8,000 cr deal")
Kabra Extrusion soars 17% as Battrixx inks pact with Hero Electric
The target is to supply 300,000 battery packs and chargers in the next financial year based on Hero Electric's projections
 "Kabra Extrusion soars 17% as Battrixx inks pact with Hero Electric")
Steel stocks firm after export duty removal: GPIL, SAIL climb up to 19%
According to analysts at ICICI Securities, the removal of export duty augurs well for domestic steel players over a longer term horizon
 "Steel stocks firm after export duty removal: GPIL, SAIL climb up to 19%")
Five Star Business Finance makes a weak debut, lists at 5% discount on BSE
Shares of Five Star Business Finance opened at Rs 468.8 on the NSE and at Rs 449.95 on the BSE.
 "Five Star Business Finance makes a weak debut, lists at 5% discount on BSE")
Archean Chemical lists at 11% premium to issue price, extends gain
Post listing, the stock moved higher to Rs 473.65, up 16 per cent over its issue price on the BSE.
 "Archean Chemical lists at 11% premium to issue price, extends gain")
Easy Trip Planners surges 20% as stock turns ex-date for split, bonus issue
The stock turned ex-date for 3:1 bonus issue, and 1:1 stock split
 "Easy Trip Planners surges 20% as stock turns ex-date for split, bonus issue")
Top headlines: CDSL malware attack, removal of penal offences from GST law
Business Standard brings you the top headlines at this hour
 "Top headlines: CDSL malware attack, removal of penal offences from GST law")
'Buy the dips' in MCX Gold; Silver needs to hold Rs 60,100, charts show
On the upside, the MCX Gold December futures can retest it's last week high of Rs 53,200.
 "'Buy the dips' in MCX Gold; Silver needs to hold Rs 60,100, charts show")
Stocks to Watch: Tata Motors, PB Fintech, Zomato, Archean Chemical, Metals
Stocks to Watch: Archean Chemical Industries and Five Star Business Finance will make their market debut today; Tata Motors will replace Dr Reddy's in the BSE Sensex from December 19
 "Stocks to Watch: Tata Motors, PB Fintech, Zomato, Archean Chemical, Metals")
Should investors be worried about the recent correction?
BSE Sensex and Nifty indices came within a striking distance of hitting fresh life-time highs last week. With no triggers on the domestic front, will markets enter a long-drawn consolidation phase?
 "Should investors be worried about the recent correction?")
Sovereign investors favour US, India as top 2022 investment markets: Study
Among developing nations, India has overtaken China as the most popular emerging market, having climbed to No. 2 in 2022 from No. 9 in 2014.
 "Sovereign investors favour US, India as top 2022 investment markets: Study")
ICICI Bank, Bajaj Finance see highest FPI inflows in July-September
Conversely, Reliance Industries and Tata Consultancy Services saw the maximum FPI outflows at Rs 44,622 crore and Rs 17,838 crore, respectively
 "ICICI Bank, Bajaj Finance see highest FPI inflows in July-September")
CDSL malware attack hits broking ops; Sebi, Cert-in to probe incident
Brokering industry players said the disruption caused by the malware attack could have been more adverse if not for the weekend
FPIs invest Rs 30,385 crore in Indian equities in November so far
Foreign investors have been aggressively buying Indian equities in November, investing Rs 30,385 crore this month so far, on stabilisation in rupee and resilience of the domestic economy
 "FPIs invest Rs 30,385 crore in Indian equities in November so far")
Eight of top-10 firms add Rs 42,173 cr in m-cap; ICICI Bank, Infy lead
Eight of the 10 most valued firms together added Rs 42,173.42 crore in market valuation last week, with ICICI Bank, Infosys and TCS emerging as the biggest gainers
 "Eight of top-10 firms add Rs 42,173 cr in m-cap; ICICI Bank, Infy lead")
Demat accounts up 41% to 10.4 cr in Oct; incremental additions slowing down
The number of demat accounts rose to 10.4 crore in Oct, 41 per cent higher from a year earlier, on attractive returns from the equity markets
 "Demat accounts up 41% to 10.4 cr in Oct; incremental additions slowing down")
Markets to focus on global trends, may face volatility, predict analysts
With no major domestic market-moving event scheduled this week, stock market investors would largely focus on global trends and foreign fund movement but may face volatility, analysts say