Page 1666 - Markets News
LIC's looming mega IPO weighs on other insurers' stocks, say investors
The flotation, potentially raising $8 billion, likely will continue to drag on LIC's competitors for about a year and could spread to other sectors: Analysts
 "LIC's looming mega IPO weighs on other insurers' stocks, say investors")
Balkrishna Industries: Margin outlook weighs on near term prospects
Balkrishna Industries: Volume constraints and valuations are the other concerns
 "Balkrishna Industries: Margin outlook weighs on near term prospects")
Realty firms afflicted with low returns shouldn't get listed: Jhunjhunwala
It can be noted that very few developers like Macrotech Developers formerly Lodha, and DLF are listed on the bourses
 "Realty firms afflicted with low returns shouldn't get listed: Jhunjhunwala")
Rupee falls by 7 paise to close at 75.11 against US dollar
The rupee declined by 7 paise to close at 75.11 (provisional) against US Dollar on Thursday as geopolitical tensions pushed investors towards safe-haven assets.
 "Rupee falls by 7 paise to close at 75.11 against US dollar")
'Indian investors satisfied with performance of their investments in 2021'
Encouraged by the performance of their investments in 2021, semi-urban and rural investors are willing to allocate a higher proportion of their savings to financial assets: Groww survey
 "'Indian investors satisfied with performance of their investments in 2021'")
Sensex falls 105 pts amid mixed global cues; Adani Green gains 6%, HDFC 2%
HDFC (up 1.7 per cent), Reliance Industries (1.2 per cent), and Power Grid (0.56 per cent) were the top large-cap gainers today
 "Sensex falls 105 pts amid mixed global cues; Adani Green gains 6%, HDFC 2%")
Indigo Paints hits new low; falls 8% in one week post Q3 results
In line with the industry, Indigo Paints had also increased the product prices in the December quarter to mitigate the sharp escalation in the price of raw materials.
 "Indigo Paints hits new low; falls 8% in one week post Q3 results")
I-T dept raids former NSE MD Chitra Ramkrishna in tax evasion probe
Ramkrishna hit the headlines after a recent Sebi order said she was steered by a yogi, dwelling in the Himalayan ranges
 "I-T dept raids former NSE MD Chitra Ramkrishna in tax evasion probe")
Advani Hotels surges 20% after RK Damani & family ups stake in the company
Radhakishan S Damani, Shrikantadevi R Damani and M/s Derive Investments (partners- Radhakishan S Damani and Gopikishan S Damani) have acquired 145,203 equity shares or 0.31% stake in Advani Hotels.
 "Advani Hotels surges 20% after RK Damani & family ups stake in the company")
Adani Group shares buzz in trade; Adani Green, Adani Power rally up to 8%
Adani Green Energy rallied 8% to hit a new high of Rs 2,094, and has surged 12% in the past three trading days
 "Adani Group shares buzz in trade; Adani Green, Adani Power rally up to 8%")
Auto shares to shift gears soon: Bajaj Auto, Tata Motors can rally up to 9%
The Nifty Auto index can rally towards the 12,500-mark on a breakout above 11,900-level; base support seen around the 11,000-mark.
 "Auto shares to shift gears soon: Bajaj Auto, Tata Motors can rally up to 9%")
Nykaa hits new all-time low, slumps 9%; down 34% in a month
Since February 9, 2022, in the past seven trading sessions, the stock has dipped 27 per cent after the company reported a disappointing set of numbers.
 "Nykaa hits new all-time low, slumps 9%; down 34% in a month")
Shankara Building hits 52-week high; surges 42% in 2 weeks
On January 28, 2022, Crisil Ratings had reaffirmed its 'CRISIL BBB+/Stable/CRISIL A2' rating on the bank facilities and commercial paper
 "Shankara Building hits 52-week high; surges 42% in 2 weeks")
Cooperating with regulator in probe of alleged information leak: NSE
The NSE said the matter involving leak of confidential information to an unknown person by its erstwhile chief Chitra Ramkrishna was an old issue and the exchange had already made a course correction.
 "Cooperating with regulator in probe of alleged information leak: NSE")
Hero Moto hits over 4-month high ahead of record date for interim dividend
The stock will turn ex-date for interim dividend of Rs 60 per share on Monday, February 21, 2022
 "Hero Moto hits over 4-month high ahead of record date for interim dividend")
Q3 earnings growth slowest in 6 quarters. What lies ahead for India Inc?
India Inc clocked a healthy quarterly growth in Q3 of FY22. But, it was the slowest in six quarters as increased input costs weighed on margins. Find out how inflation headwinds could affect growth
 "Q3 earnings growth slowest in 6 quarters. What lies ahead for India Inc?")
Stocks to Watch: DRL, Mankind, Sun Pharma, Wipro, Kalpataru, TTML, Airlines
Ambuja Cement, Nestle India and Veritas to announce December quarter results today.
 "Stocks to Watch: DRL, Mankind, Sun Pharma, Wipro, Kalpataru, TTML, Airlines")
Top headlines: LIC virtual road shows underway, Ukraine tensions drag on
Regulator asks commercial banks to make KYC ironclad as frauds rise. More on that story in our top headlines.
 "Top headlines: LIC virtual road shows underway, Ukraine tensions drag on")
Took measures to address concerns raised in Sebi's order: NSE
NSE responds to Sebi order on governance lapses, says will extend 'full co-operation'
 "Took measures to address concerns raised in Sebi's order: NSE")
Sensex, Nifty end lower in see-saw session; HDFC bucks trend
The 30-share BSE Sensex swung nearly 800 points during the session before closing at 57,996.68 -- marking a loss of 145.37 points or 0.25 per cent
 "Sensex, Nifty end lower in see-saw session; HDFC bucks trend")