Page 1753 - Markets News
Five Star Business Finance files Rs 2,752-crore IPO papers with Sebi
The IPO is an entirely an offer for sale (OFS) by existing shareholders and promoter group entities
 "Five Star Business Finance files Rs 2,752-crore IPO papers with Sebi")
Amid widening losses, strong user addition drives growth for Zomato in Q2
Despite widening losses, stock gains on top-line showing, acquisition plans
 "Amid widening losses, strong user addition drives growth for Zomato in Q2")
Decks cleared for the launch of silver ETFs as Sebi notifies norms
Currently, MFs offer only gold-based ETFs in the commodity space. Silver ETFs will have similar safeguards as that in the existing regulatory mechanism for Gold ETFs
 "Decks cleared for the launch of silver ETFs as Sebi notifies norms")
Latent View IPO subscribed 23.22 times on Day 2 of offer
The Rs 600-crore IPO received bids for 40,69,77,264 shares against 1,75,25,703 shares on offer
 "Latent View IPO subscribed 23.22 times on Day 2 of offer")
Sebi notifies new rules governing related-party transactions
Markets regulator Sebi has made sweeping changes to strengthen the monitoring and enforcement of norms pertaining to related-party transactions.
 "Sebi notifies new rules governing related-party transactions")
Sebi amends rules for introduction of silver exchange traded funds
The markets regulator has amended rules to introduce the exchange traded funds
 "Sebi amends rules for introduction of silver exchange traded funds")
Market wrap: Benchmark indices decline for a third straight day
Sensex falls 433 points to close at 59,920; Nifty50 settles with a loss of 143 points at 17,874
 "Market wrap: Benchmark indices decline for a third straight day")
Sensex ends below 60k, slips 433pts, Nifty gives up 17,900; SBI falls 3%
Among sectoral indices, the BSE Realty index plunged 2.5 per cent. The Bankex, Healthcare and Telecom indices were down over a per cent each
 "Sensex ends below 60k, slips 433pts, Nifty gives up 17,900; SBI falls 3%")
Not only indices, even Indian brokerages' stocks are booming now
Not only key stock market indices but even listed brokerages' stocks have witnessed a rally
Tesla shares rise in Frankfurt after Elon Musk's $5-billion stock sale
Musk's selling was his first since 2016 and followed his weekend poll of Twitter users about offloading 10% of his Tesla stake, which comprises most of his estimated $281-bn fortune
 "Tesla shares rise in Frankfurt after Elon Musk's $5-billion stock sale")
Monte Carlo Fashions hits 20% upper limit on near 8-fold jump in Q2 net
Further, the company's board has approved incorporation of a wholly-owned subsidiary which will leverage the growth opportunities in the "Home Textiles"
 "Monte Carlo Fashions hits 20% upper limit on near 8-fold jump in Q2 net")
Cement stocks firm; ACC, Grasim, UltraTech can rally up to 11%, charts show
The present scenario hints a strong momentum in the cement stocks, wherein shares of ACC, Grasim and UltraTech Cement are claiming new uncharted territory with firm volumes
 "Cement stocks firm; ACC, Grasim, UltraTech can rally up to 11%, charts show")
Capital goods index hits new peak in weak market; L&T, Timken at new highs
Thermax rallied 12 per cent to Rs 1,503 after it reported 183 per cent year-on-year jump in its consolidated profit after tax
 "Capital goods index hits new peak in weak market; L&T, Timken at new highs")
Vodafone Idea Q2: ARPU may rise QoQ amid subscriber churn, say analysts
Vodafone Idea Q2 preview: The stock of Vi has rallied 25 per cent over the past 6 months, marginally outperforming the BSE Sensex index, which gained 22 per cent during the period
 "Vodafone Idea Q2: ARPU may rise QoQ amid subscriber churn, say analysts")
Alembic Pharma dips 5% on disappointing September quarter results
Alembic Pharma said that the USFDA recently inspected the company's injectable facility (F-3) site and issued Form 483 with 10 observations
 "Alembic Pharma dips 5% on disappointing September quarter results")
Bharat Bijlee scales fresh 13-year high; zooms 45% in 2-weeks post Q2 nos
In Q2FY22, power systems segment posted PBIT of Rs 7.16 crore against loss of Rs 2.10 crore in Q2FY21.
 "Bharat Bijlee scales fresh 13-year high; zooms 45% in 2-weeks post Q2 nos")
Narayana Hrudayalaya surges 13%, stock at new high on Q2 turnaround
The company said Indian operations staged a decent recovery in the quarter gone by, after the significant impact was observed in Q1FY22.
 "Narayana Hrudayalaya surges 13%, stock at new high on Q2 turnaround")
Stocks to Watch: IFCI, Tata Steel, ZEE, Aptech, Zomato, Glenmark, Yes Bank
CESC, HCC, NDTV, PEL, PFC, Railtel, Bajaj Hindusthan, CESC, Godrej Consumer, Hindustan Oil, Indiabulls Housing Finance, Natco Pharma, Novartis, PNB Gilts and Sundaram Fasteners to announce Q2 results
 "Stocks to Watch: IFCI, Tata Steel, ZEE, Aptech, Zomato, Glenmark, Yes Bank")
Nykaa IPO: Should investors partially book profits or hold on for now
Beauty e-tailer Nykaa's shares nearly doubled on the bourses yesterday, as investors rushed to grab a piece of one of the few profitable Indian start-ups. Should you book out on your holding?
 "Nykaa IPO: Should investors partially book profits or hold on for now")
Inox Group reaches settlement over division of business; stocks rise
Share prices of Inox Wind and Inox Leisure are up 130 and 56 per cent since January 1.
 "Inox Group reaches settlement over division of business; stocks rise")