Page 1776 - Markets News
Top headlines: Paytm IPO subscribed 48% on Day 2; M&M Q2 net surges 8-fold
Business Standard brings you the top stories from today
 "Top headlines: Paytm IPO subscribed 48% on Day 2; M&M Q2 net surges 8-fold")
Top 50 Indian stocks to switch to new settlement cycle only in 2023: Report
The nation looks to push ahead with the trade plus one day or T+1 system, which most global markets are yet to implement, from February next year
 "Top 50 Indian stocks to switch to new settlement cycle only in 2023: Report")
Market Wrap Podcast, Nov 9: Here's all that happened in the markets today
The benchmark indices consolidated in trades on Tuesday after two days of decent gains amid tepid global cues
 "Market Wrap Podcast, Nov 9: Here's all that happened in the markets today")
Sensex, Nifty end with marginal losses; M&M rallies 5% post Q2 results
Among sectors, the BSE Auto index jumped 1.3 per cent. The Capital Goods, Energy and Oil & Gas indices were also up around a per cent each. The Metal index, however, was down 0.8 per cent
 "Sensex, Nifty end with marginal losses; M&M rallies 5% post Q2 results")
World stock markets lower after Wall Street hits record again
Global stock markets were mixed Tuesday after Wall Street hit a record for an eighth day.
 "World stock markets lower after Wall Street hits record again")
Top FPI association welcomes India's new T+1 settlement timelines
Staggered shift leaves more time for market players to evolve solutions to meet shortened T+1 cycle without triggering pre-funding by investors in US and Europe which are 10-15 hours behind India time
 "Top FPI association welcomes India's new T+1 settlement timelines")
L&T hits new high on winning significant orders; stock up 11% in 6 days
The company's construction arm has secured significant orders (ranging between Rs 1,000 to Rs 2,500 crore) for its businesses in India.
 "L&T hits new high on winning significant orders; stock up 11% in 6 days")
BSE StAR MF hits new highs, processes 2.65 mn transactions on Nov 8
Leading stock exchange BSE on Tuesday said its mutual fund distribution platform StAR MF has processed a record of 26.52 lakh transactions in a single day on Monday.
 "BSE StAR MF hits new highs, processes 2.65 mn transactions on Nov 8")
Tata Motors DVR hits over 4-year high; stock surges 53% in one month
Tata Motors DVR surged 9% to Rs 292.70, its highest level since June 2017
 "Tata Motors DVR hits over 4-year high; stock surges 53% in one month")
This Jhunjhunwala-owned stock hits over 13-year high; rises 102% in 6 mths
Aptech rallied 9% to Rs 407, its highest level since January 2008.
 "This Jhunjhunwala-owned stock hits over 13-year high; rises 102% in 6 mths")
Britannia, Aurobindo, Ujjivan SFB look weak on charts post Q2 results
Sobha Ltd, however, is expected to surge up to 14% indicates the daily chart.
 "Britannia, Aurobindo, Ujjivan SFB look weak on charts post Q2 results")
S H Kelkar and Co zooms 19% after 10% equity changes hands via block deals
At 09:15 am; around 14.12 million equity shares, representing 9.99 per cent of total equity of S H Kelkar and Company changed hands on the BSE, the exchange data shows.
 "S H Kelkar and Co zooms 19% after 10% equity changes hands via block deals")
TVS Motor soars 11%, nears record high on fund raise buzz for EV subsidiary
TVS Motor is in talks with a clutch of global private equity investors to raise $300-500 million for its electric vehicle subsidiary, reports suggest
 "TVS Motor soars 11%, nears record high on fund raise buzz for EV subsidiary")
Britannia Industries dips 5% on margin disappointment in Q2
The company said its operating margin contracted by 425 basis points (bps) to 14.09 per cent in Q2FY22 from 18.34 per cent in Q2FY21
 "Britannia Industries dips 5% on margin disappointment in Q2")
Stocks to Watch: RIL, Aurobindo, BHEL, M&M, Jet Airways, IDFC, PowerGrid
FII fund flows, corporate earnings and ongoing IPOs likely to be in focus today
 "Stocks to Watch: RIL, Aurobindo, BHEL, M&M, Jet Airways, IDFC, PowerGrid")
Paytm vs Sapphire Foods: Which IPO is better for listing gains?
The parent firm of Paytm has launched India's biggest IPO. And the owner of Pizza Hut and KFC is opening its IPO today. Both these companies are loss-making. So, what should investors do?
 "Paytm vs Sapphire Foods: Which IPO is better for listing gains?")
Stock exchanges to start T+1 settlement cycle from Feb 25, 2022 in phases
Some of the global custodians, through which a large number of FPIs transact, welcomed the exchanges' move
 "Stock exchanges to start T+1 settlement cycle from Feb 25, 2022 in phases")
Paytm's Rs 18,300 crore IPO subscribed 18% on Day-1
Some brokerages like Marwadi Financial Services have sounded caution
 "Paytm's Rs 18,300 crore IPO subscribed 18% on Day-1")
Sensex jumps 478 points as Infosys, HDFC advance; Titan rises over 4%
After a volatile session, the 30-share index ended 477.99 points, or 0.8 per cent higher, at 60,545.61
 "Sensex jumps 478 points as Infosys, HDFC advance; Titan rises over 4%")
Is the sell-off in IndusInd Bank stock a buying opportunity?
While most analysts remain positive, institutional attitude will be crucial
 "Is the sell-off in IndusInd Bank stock a buying opportunity?")