Page 1729 - Markets News
BS Number Wise: The rise and rise of the Rs 10,000 shares
There were 16 such stocks in the last financial quarter: compared to one in 2011. The price is beyond the reach of small investors, raising question over face value
 "BS Number Wise: The rise and rise of the Rs 10,000 shares")
IT sector valuation premium over Sensex at highest level in over a decade
BSE IT Index trading at P/E multiple of 34.3x - nearly 29% higher than that of Sensex
 "IT sector valuation premium over Sensex at highest level in over a decade")
Sebi amends delisting rules to make M&A transactions more convenient
Sebi has amended rules pertaining to delisting of equity shares of a company following an open offer as part of efforts to make merger and acquisition transactions for listed companies more convenient
 "Sebi amends delisting rules to make M&A transactions more convenient")
Supply disruptions in key segments could cap gains for Bharat Forge
Muted heavy truck numbers in North American market, passenger vehicle sales impacted too
 "Supply disruptions in key segments could cap gains for Bharat Forge")
Covid variants, liquidity crunch: Key risks for global equities in 2022
Policy makers in Asia, according to Morgan Stanley, will be able to normalise policy gradually, contingent on the pace of recovery, inflation dynamics, and the implications of the Omicron variant
 "Covid variants, liquidity crunch: Key risks for global equities in 2022")
Nykaa, Paytm, Latent View: December will be a trying time for these 10 stks
From December 8, Edelweiss said there are ten issuances where the anchor lock-in is set to unravel, including FSN E-Commerce Ventures (Nykaa), FINO Payments Bank, Latent View Analytics and PB Fintech
 "Nykaa, Paytm, Latent View: December will be a trying time for these 10 stks")
New Energy another multi-decade growth engine for RIL: Goldman Sachs
As a strategy, Goldman Sachs expects RIL to focus first on the domestic markets given tariff and non-tariff protection, capex incentives and demand creation through regulatory support
 "New Energy another multi-decade growth engine for RIL: Goldman Sachs")
Top headlines: New rules for international arrivals; Spinny latest unicorn
Business Standard brings you the top stories on Tuesday
 "Top headlines: New rules for international arrivals; Spinny latest unicorn")
Bulls roar back! Sensex gains 887pts, Nifty ends 265pts higher; Banks lead
The broader indices also surged over a per cent each, and gainers outnumbered losers in 2.5:1 ratio
 "Bulls roar back! Sensex gains 887pts, Nifty ends 265pts higher; Banks lead")
Indian Hotels, IRCTC: Are travel related stocks a risky bet or a smart buy?
Any positive development in the travel industry may boost related stocks.
 "Indian Hotels, IRCTC: Are travel related stocks a risky bet or a smart buy?")
CarTrade Tech hits new all-time low, stock down 46% from its issue price
Since October 29, 2021, the market price of CarTrade Tech slipped 24 per cent after the company reported a net loss for the second straight quarter of current fiscal.
 "CarTrade Tech hits new all-time low, stock down 46% from its issue price")
Asia stocks bounce from one-year low, China gains on monetary easing
Asian shares staged a recovery on Tuesday on receding worries about the impact of the Omicron variant while Chinese markets were supported by the central bank easing monetary policy
 "Asia stocks bounce from one-year low, China gains on monetary easing")
This stock has zoomed 49% in 6 days after Vijay Kedia bought stake
Talbros Automotive Components rallied 8 per cent to hit a new high of Rs 442 on Tuesday
 "This stock has zoomed 49% in 6 days after Vijay Kedia bought stake")
Nykaa trades lower for fourth straight day; slides 17% from lifetime high
The stock of the fashion and cosmetics online retailer was down 2.6% to Rs 2,135 on the BSE, having fallen 14 per cent in the past four trading days
 "Nykaa trades lower for fourth straight day; slides 17% from lifetime high")
Sensex has support at 57,000, Nifty at 16,600. Stay on sidelines for now
Markets are likely to remain volatile over the next few sessions. Traders and investors should stay on the sidelines till there is clarity on the impact of Omicron variant and US Fed policy
 "Sensex has support at 57,000, Nifty at 16,600. Stay on sidelines for now")
RateGain Travel Technologies IPO: Brokerages recommend to 'Subscribe'
The IPO will be open for subscription from December 07 to December 09, in the price band of Rs 405 to Rs 425
 "RateGain Travel Technologies IPO: Brokerages recommend to 'Subscribe'")
IFCI rallies 9%, nears 52-week high; stock has surged 39% in one week
IFCI's ratings outlook will change to stable if the company's strategic importance to the GoI increases significantly along with the infusion of sizeable capital, ICRA said in its report
 "IFCI rallies 9%, nears 52-week high; stock has surged 39% in one week")
Tanla hits 5% upper circuit on tie-up with Voda Idea for Wisely Platform
In the past one month, the stock of Tanla has outperformed the market by surging 36 per cent
 "Tanla hits 5% upper circuit on tie-up with Voda Idea for Wisely Platform")
Stocks to Watch: Indigo, ONGC, PNB, Tata Power, RInfra, FMCG, Cement shares
Analysts expect under-performance by FMCG shares to continue
 "Stocks to Watch: Indigo, ONGC, PNB, Tata Power, RInfra, FMCG, Cement shares")
Will Omicron scare force RBI to maintain the status quo on rates?
Covid-19 variant Omicron is making the global markets uncertain. So, what will the RBI do on Wednesday? Will it keep its gun powder dry, or will it pull the trigger by hiking rates? Let's find out
 "Will Omicron scare force RBI to maintain the status quo on rates?")