Page 1659 - Markets News
Adani Wilmar freezes at 10% upper circuit after 25% fall from record high
The stock of the Adani Group edible oil major had closed at Rs 314.40 on Tuesday, correcting 25 per cent from its record high level of Rs 419.90 on February 11, 2022.
 "Adani Wilmar freezes at 10% upper circuit after 25% fall from record high")
How should retail investors ride Russia-Ukraine crisis?
Global stocks slumped yesterday as Europe's eastern flank stood on the cusp of war. As markets brace for volatile amid the geo-political tensions, here's how retail investors can ride the tide
 "How should retail investors ride Russia-Ukraine crisis?")
Stocks to Watch: Mahindra CIE, Dilip Buildcon, SIS, Butterfly Gandhimathi
Stocks like Sun Pharma, Dr.Reddy's and others having exposure to Europe are likel to be in focus as the Russia-Ukraine crisis deepens.
 "Stocks to Watch: Mahindra CIE, Dilip Buildcon, SIS, Butterfly Gandhimathi")
Top headlines: India inc braces for Ukraine fallout, Gold outshines market
Sebi tightened rules governing market infrastructure institutions (MIIs) in the aftermath of the Chitra Ramkrishna scandal. More on that in our top headlines.
 "Top headlines: India inc braces for Ukraine fallout, Gold outshines market")
Sebi strengthened MII rules after Chitra Ramkrishna blowback
The committee submitted its report in two parts on March 26, 2018, and April 25, 2018.
 "Sebi strengthened MII rules after Chitra Ramkrishna blowback")
A break below 16,300 could see the Nifty fall till 15,000 level
Indian equities may remain under pressure even if the geopolitical and energy crisis ends
 "A break below 16,300 could see the Nifty fall till 15,000 level")
Foreign brokerages trim Nifty December 2022 target amid headwinds
Our 10 mean reversion scenarios put the Nifty50 December 2022 target at an average of 17,500, said Jefferies
 "Foreign brokerages trim Nifty December 2022 target amid headwinds")
Oil, gold soar as Vladimir Putin orders forces to regions of Ukraine
The intensifying stand-off - and the response from the US and Europe - has the potential to roil raw materials markets
 "Oil, gold soar as Vladimir Putin orders forces to regions of Ukraine")
Escalating Russia-Ukraine crisis ripples via markets; Sensex falls 383 pts
The Sensex ended the session at 57,300, with a decline of 383 points, or 0.66 per cent
 "Escalating Russia-Ukraine crisis ripples via markets; Sensex falls 383 pts")
Multiple triggers support long-term outlook for Bharat Forge
In the near term, supply challenges and cost pressures to impact margins
 "Multiple triggers support long-term outlook for Bharat Forge")
Lot of buzz, interest in market for LIC IPO: FM Nirmala Sitharaman
On February 13, the state-owned insurer filed draft papers with capital markets regulator Sebi for the sale of a 5 per cent stake by the government for an estimated Rs 63,000 crore
 "Lot of buzz, interest in market for LIC IPO: FM Nirmala Sitharaman")
Block deal: Societe Generale sells 7.1 mn HDFC shares worth Rs 1,730 cr
As per block deal data on BSE, Societe Generale sold nearly 71 lakh shares at an average price of Rs 2,436.8 apiece
 "Block deal: Societe Generale sells 7.1 mn HDFC shares worth Rs 1,730 cr")
Govt looking into governance lapses that happened at NSE: FM Sitharaman
Earlier this month, Sebi penalised NSE and its former MDs and CEOs, and others for various violations in a case related to the appointment of Anand Subramanian as Group Operating Officer
 "Govt looking into governance lapses that happened at NSE: FM Sitharaman")
Top headlines: Ukraine fears lift oil to 7-yr high; Swiggy eyes $800-mn IPO
Business Standard brings you the top headlines on Tuesday
 "Top headlines: Ukraine fears lift oil to 7-yr high; Swiggy eyes $800-mn IPO")
Sensex recovers 906 pts from low, ends 383 pts down; Nifty near 17,100
CLOSING BELL: Fears of sanctions pushed the Brent crude above the $99 a barrel-mark
 "Sensex recovers 906 pts from low, ends 383 pts down; Nifty near 17,100")
DCB Bank slips 5%; stock hits 21-month low on asset quality concerns
The weakening in the asset quality was partly due to the bank's customer profile, mainly comprising small-ticket borrowers in the self-employed segment, that was more severely impacted by the pandemic
 "DCB Bank slips 5%; stock hits 21-month low on asset quality concerns")
Dhani Services freezes at 20% lower circuit for second day on heavy volumes
With the past two days decline, the stock has plunged 78 per cent from its 52-week high level of Rs 380 on March 2, 2021.
 "Dhani Services freezes at 20% lower circuit for second day on heavy volumes")
Jagsonpal Pharma rallies 19% on open offer by Infinity Holdings Group
Infinity Holdings Group made an open offer to buy 26 per cent stake in the company at a price of Rs 235 per share
 "Jagsonpal Pharma rallies 19% on open offer by Infinity Holdings Group")
Indiabulls Real Estate zooms 12% after clarification on ED investigation
The company clarified that Enforcement Directorate (ED) investigation did not pertain to the company and has no bearing on the business and operations of the company.
 "Indiabulls Real Estate zooms 12% after clarification on ED investigation")
BPCL hits 52-week low on likely delay in divestment, soaring oil prices
Even if OMCs are not made to share any under-recovery, the continued pricing intervention would make it utterly difficult to divest government's stake in BPCL, Motilal Oswal said in its report
 "BPCL hits 52-week low on likely delay in divestment, soaring oil prices")