Page 1639 - Markets News
Ruchi Soya FPO: Sebi orders retail investors be allowed to withdraw bids
Sebi's directive comes amid 'circulation of unsolicited SMSs advertising the issue'; the window for withdrawal shall be available on March 28, March 29 and March 30, 2022
 "Ruchi Soya FPO: Sebi orders retail investors be allowed to withdraw bids")
Oil slides more than $5 on concerns of weaker Chinese demand
Brent crude futures slid as low as $115.32 a barrel and were trading down $4.53, or 3.7%, at $116.12 at 0943 GMT.
 "Oil slides more than $5 on concerns of weaker Chinese demand")
Sensex rises 768 pts from day's low, ends 231 pts up; Inox Leisure adds 12%
CLOSING BELL: Bharti Airtel, up 4 per cent, was the top gainer on the Nifty50 index, followed by Coal India, Axis Bank, Eicher Motors, ITC, SBI, ICICI Bank, HUL,IndusInd Bank, and Power Grid
 "Sensex rises 768 pts from day's low, ends 231 pts up; Inox Leisure adds 12%")
Gail India gains 4% as board to consider share buyback on Thursday
The attractiveness of the buyback will be determined when the quantum and price of buyback is announced, said ICICI Securities in a note.
 "Gail India gains 4% as board to consider share buyback on Thursday")
Motherson Sumi Wiring lists after demerger; freezes at 5% lower circuit
The wiring harness business benefits from the mega trends (of premiumization, increasing use of electronics, and electrification) playing out in the Auto industry, resulting in an increase in content.
 "Motherson Sumi Wiring lists after demerger; freezes at 5% lower circuit")
Explained: How bond yields impact stock market & what should investors do?
A rally in the stock market tends to raise bond yields as money moves from the relative safer investment bet to riskier equity stock markets
 "Explained: How bond yields impact stock market & what should investors do?")
Ruchi Soya slips 10%; stock falls 14% in four sessions
Ruchi Soya said a meeting of the board of directors of the company is scheduled to be held on March 29, 2022, for the purposes of determining the issue price and the anchor investor issue price
 "Ruchi Soya slips 10%; stock falls 14% in four sessions")
Merger boost: Inox Leisure zooms 20%, hits record high; PVR jumps 10%
The combined entity will become the largest film exhibition company in India with 1,546 screens, at around 50 per cent multiplex screen market share and around 42% box office collection market share
 "Merger boost: Inox Leisure zooms 20%, hits record high; PVR jumps 10%")
PVR-Inox Leisure merger can trigger 15% rally in stocks, charts show
Inox Leisure may see a medium-term bullish trend, if the stock upholds the rally above Rs 480 levels
Emami acquires Dermicool brand for Rs 432 crore; stock hits 52-week low
The stock of Emami has underperformed the market by falling 23 per cent in the past six months, as compared to a 5 per cent decline in the S&P BSE Sensex.
 "Emami acquires Dermicool brand for Rs 432 crore; stock hits 52-week low")
Escorts slips 8% in two days ahead of closure of open offer by Kubota
Till Friday, March 25, 2022, around 43.62 million equity shares had been tendered in the open offer, against 37.49 million shares proposed by Japan's Kubota Corporation
 "Escorts slips 8% in two days ahead of closure of open offer by Kubota")
More pain ahead for FMCG stocks as input costs bite
Despite being considered a safe bet in a choppy market, investors have dumped FMCG stocks in the past few months. Let's find out what is pushing investors away from these counters
 "More pain ahead for FMCG stocks as input costs bite")
Stocks to Watch: PVR, Inox, Airtel, Emami, DLF, HDFC Bank, Gail India, PSUs
PVR and INOX Leisure are likely to be in focus after the two mega multiplex owners announced an all-stock merger on Sunday.
 "Stocks to Watch: PVR, Inox, Airtel, Emami, DLF, HDFC Bank, Gail India, PSUs")
Return from well-managed portfolios may be 15-20%, at best: P Kacholia
The domestic market being in a cyclical bull run, the more prudent thing would be to buy on dips, said MD Kacholia
 "Return from well-managed portfolios may be 15-20%, at best: P Kacholia")
Indian stocks and weighting in MSCI EM index on the rise, shows data
Over $400 billion in assets under management are said to be benchmarked to the MSCI EM index.
 "Indian stocks and weighting in MSCI EM index on the rise, shows data")
Long-short alternative investment funds beat long-only funds in February
Assets of the AIF industry stood at Rs 6.1 trillion at the end of the December quarter - a 38 per cent rise YoY
 "Long-short alternative investment funds beat long-only funds in February")
Elara Capital maintains 'buy' call on PVR, INOX
Financial advisory firm Elara Capital has maintained a 'buy' call for both multiplex companies PVR and INOX Leisure.
 "Elara Capital maintains 'buy' call on PVR, INOX")
Street signs: Markets turn range-bound, block deal activity rises & more
The brokerage said the options data suggests that the Nifty has strong support around 17,000 and then 16,800, which can act as a stop-loss for those initiating long positions
 "Street signs: Markets turn range-bound, block deal activity rises & more")
Real estate firm DLF gains traction as a growth-value stock, say brokerages
Both residential and leasing trends point to strong showing in FY23
 "Real estate firm DLF gains traction as a growth-value stock, say brokerages")
Markets likely to face volatility, global factors to be in focus: Analysts
Stock markets are likely to witness volatility this week amid monthly derivatives expiry, ongoing Russia-Ukraine conflict and high crude oil prices, analysts said.
 "Markets likely to face volatility, global factors to be in focus: Analysts")