Page 1534 - Markets News
Forbes & Co zooms 20% on special dividend cheer; stock up 53% in 3 days
The company has fixed Thursday, August 25, 2022 as the 'Record Date' for the purpose of ascertaining the shareholders who shall be eligible for receipt of special interim dividend.
 "Forbes & Co zooms 20% on special dividend cheer; stock up 53% in 3 days")
Rakesh Jhunjhunwala's near $4-bn stock holdings in focus after death
Jhunjhunwala was among the most influential market voices in Asia's third-biggest economy, with an intense following among the nation's growing horde of retail investors.
 "Rakesh Jhunjhunwala's near $4-bn stock holdings in focus after death")
Samvardhana Motherson shares rises 3% post bonus shares issue announcement
The company has decided to issue bonus shares in the ratio of 1 bonus equity share against 2 existing equity shares, which will be subject to shareholders approval.
 "Samvardhana Motherson shares rises 3% post bonus shares issue announcement")
Sensex jumps 379 pts, Nifty tops 17,800; auto stocks in fast lane, PSBs dip
CLOSING BELL: Maruti Suzuki, M&M, Asian Paints, HUL, Ultratech Cement, Tech M, and HDFC twins were the top gainers on the Sensex index
 "Sensex jumps 379 pts, Nifty tops 17,800; auto stocks in fast lane, PSBs dip")
Navkar Corporation tumbles 24% from day's high on heavy volumes
Adani Logistics, a wholly owned subsidiary of Adani Ports and SEZ, has signed a definitive agreement to acquire the ICD "Tumb" (Vapi) from Navkar Corporation for an enterprise value of Rs 835 crore
 "Navkar Corporation tumbles 24% from day's high on heavy volumes")
DFM Foods freezes at 20% upper circuit on promoter's delisting proposal
DFM Foods has outperformed the market by surging 47 per cent in a week, as compared to 1.5 per cent gain in the S&P BSE Sensex.
 "DFM Foods freezes at 20% upper circuit on promoter's delisting proposal")
These Rakesh Jhujhunwala-owned stocks can rally up to 20%, charts suggest
Titan and Escorts look promising on the charts, while Star Health and Allied Insurance, Nazara Technologies and Rallis India need to conquer major hurdles for further gains, technical charts suggest.
 "These Rakesh Jhujhunwala-owned stocks can rally up to 20%, charts suggest")
Time to diversify debt investment; Rs to stay under pressure: Sandeep Yadav
The higher yields have provided a good entry point for debt investors after years of low yields
 "Time to diversify debt investment; Rs to stay under pressure: Sandeep Yadav")
HDFC AMC surges 12% after nearly 6% equity change hands on BSE
At 09:55 am, around 11.96 million equity shares representing 5.61 per cent of total equity of HDFC AMC changed hands on the BSE, the exchange data shows.
 "HDFC AMC surges 12% after nearly 6% equity change hands on BSE")
Stocks to Watch: LIC, ONGC, Max Health, Hero Moto, Zee Entertainment, M&M
State-owned insurance behemoth Life Insurance Corporation (LIC) reported a net profit of Rs 682.88 crore in the April-June quarter (Q1) of FY23, driven by its non-par business.
 "Stocks to Watch: LIC, ONGC, Max Health, Hero Moto, Zee Entertainment, M&M")
Did inflation hurt India Inc more than what markets expected in Q1?
Companies hiked prices to cushion their margin from inflation. But it hit the volumes in the rural markets. With the commodity prices cooling off, will the upcoming quarters be better for India Inc?
 "Did inflation hurt India Inc more than what markets expected in Q1?")
Red-hot market runs into resistance zone; investors may book profits
Following a sharp bounce in the market off its June lows, analysts have cautioned investors, seeing that the Nifty valuation premium has gone past 10% to its 10-year historical average
 "Red-hot market runs into resistance zone; investors may book profits")
Share of debt mutual funds in industry AUM wilts markedly, shows data
The share of debt MFs has been consistently sliding after the pandemic, with interest rates headed south and stock markets ascending
 "Share of debt mutual funds in industry AUM wilts markedly, shows data")
Street Signs: Jhunjhunwala stocks in focus, block deals pick up, and more
Shares of Syrma SGS Technology are changing hands in the grey market at a premium of just 4-5 per cent, say people in the know
 "Street Signs: Jhunjhunwala stocks in focus, block deals pick up, and more")
Page Industries turns the page on inflation; bookmarks expansion
Sharp stock rebound, however, caps upside from current levels
 "Page Industries turns the page on inflation; bookmarks expansion")
NSE shares compliance certificate on insider trading, tracks companies
The NSE last week shared compliance certificate on insider trading with companies, who have to give declaration and they are are tracking it at their end
 "NSE shares compliance certificate on insider trading, tracks companies")
Rakesh Jhunjhunwala's biggest portfolio gains came after the age of 55
The value of his disclosed portfolio quadrupled in the past seven years
 "Rakesh Jhunjhunwala's biggest portfolio gains came after the age of 55")
India @75: Memorable moments in markets
As the country celebrates its Platinum Independence anniversary, here's a throwback on the many events that that recalls the key moments that shaped Indian markets and brought it to where it is today
 "India @75: Memorable moments in markets")
India @75: Memorable moments in markets
As the country celebrates its Platinum Independence anniversary, here's a throwback on the many events that that recalls the key moments that shaped Indian markets and brought it to where it is today
 "India @75: Memorable moments in markets")
When Rakesh Jhunjhunwala used to get Rs 60 as trainee chartered accountant
The person who died richer than 99.99 per cent of the planet's population remembered more fondly his pleasures from a simpler time
 "When Rakesh Jhunjhunwala used to get Rs 60 as trainee chartered accountant")