Page 1983 - Markets News
'True and full account': Sebi to follow new format for its annual report
Markets regulator Sebi will follow a new format for its annual report as part of efforts to have a "true and full account" of its activities
 "'True and full account': Sebi to follow new format for its annual report")
Market Wrap, March 23: Here's all that happened in the markets today
BSE Sensex reversed losses and jumped 600 points from the day's low of 49,662 to hit a high of 50,265
 "Market Wrap, March 23: Here's all that happened in the markets today")
Sensex ends 280 pts up; bank stocks gain post SC verdict in moratorium case
Sectorally, the Nifty PSU Bank index emerged as the winner with 3 per cent gains by close. The other two banking indices too settled 1.7 per cent higher each
 "Sensex ends 280 pts up; bank stocks gain post SC verdict in moratorium case")
V-Marc India IPO opening on March 25; price band fixed at Rs 37-39
Minimum Bid Lot is 3000 Equity Shares and in multiples of 3000 Equity Shares thereafter
 "V-Marc India IPO opening on March 25; price band fixed at Rs 37-39")
'Relaxed valuation rule for perpetual bonds to help avoid panic redemption'
Easing of valuation rule for perpetual bonds by Sebi will provide a breather to the mutual fund industry
 "'Relaxed valuation rule for perpetual bonds to help avoid panic redemption'")
Loan moratorium case: SC verdict may hit banks in short-term, say analysts
Loan moratorium case: The Supreme Court said that the waiver of complete interest is not possible as it affects depositors
 "Loan moratorium case: SC verdict may hit banks in short-term, say analysts")
Is IPO euphoria fading? GMPs of recent issues slide ahead of listing
As per grey market watchers, the premium for Anupam Rasayan, whose shares are set to debut on the bourses tomorrow, has slipped by over 75 per cent
 "Is IPO euphoria fading? GMPs of recent issues slide ahead of listing")
Alkyl Amines surges 12%, hits fresh high ahead of stock split
The company got the shareholders' approval for the sub division of face value of equity shares from Rs 5 to Rs 2
SBI, HDFC Bank: How to trade banking stks post SC's loan moratorium verdict
Major banking stocks have broken crucial supports
 "SBI, HDFC Bank: How to trade banking stks post SC's loan moratorium verdict")
India home to 100 unicorns with a combined m-cap of $240bn: Credit Suisse
Start-ups, the note said, account for a reasonably high 6-7 per cent of new firms in India, and the ratio has risen over the past decade. India is a home to the third-largest set of unicorns globally.
 "India home to 100 unicorns with a combined m-cap of $240bn: Credit Suisse")
Insecticides board to mull share buyback on March 30; stock surges 11%
The board of directors of the agrochemicals company is scheduled to meet on March 30, to consider share buyback proposal.
 "Insecticides board to mull share buyback on March 30; stock surges 11%")
Sebi eases valuation norms for perpetual bonds on Finance Ministry push
Capital market regulator Sebi has eased valuation rule pertaining to perpetual bonds
 "Sebi eases valuation norms for perpetual bonds on Finance Ministry push")
Bank stocks rally post Supreme Court verdict in loan moratorium case
The SC said that no direction can be issued to the government or RBI to announce any particular financial packages or reliefs
 "Bank stocks rally post Supreme Court verdict in loan moratorium case")
Adani Ports, Adani Green: How to trade Adani group stocks in the days ahead
Most stocks are showing further upside of 15-20 per cent on the charts. One can stay invested for now
 "Adani Ports, Adani Green: How to trade Adani group stocks in the days ahead")
Easy Trip Planners tumbles 7%, drops below IPO price of Rs 187
Hotels and resorts in tourist places in Maharashtra have seen up to 30 per cent rise in cancellations and new bookings even as the state reports the sharpest increase in new Covid-19 cases
 "Easy Trip Planners tumbles 7%, drops below IPO price of Rs 187")
Deepak Nitrite gains 8% in three days on Crisil's credit rating upgrades
Going forward, growth over the medium term will be driven by trecovery in demand from Basic Chemical (BC) and Performance Product (PP) segments and continued steady outlook for FSC and Phenol segments
 "Deepak Nitrite gains 8% in three days on Crisil's credit rating upgrades")
Adani Ports jumps 5% as it acquires controlling stake in Gangavaram Ports
The Adani Ports had announced acquisition of Warburg Pincus's 31.5 per cent stake in GPL on March 3, 2021 and together with today's acquisition, APSEZ would now have 89.6 per cent stake in GPL
 "Adani Ports jumps 5% as it acquires controlling stake in Gangavaram Ports")
Adani Green Energy becomes first Group co to join Rs 2-trillion m-cap club
In the past one year, Adani Total Gas has seen its market value appreciate by 908 per cent, while that of AGEL has soared by 873 per cent
 "Adani Green Energy becomes first Group co to join Rs 2-trillion m-cap club")
Jubilant Ingrevia rises 5% as Rakesh Jhunjhunwala raises stake in firm
The shares of the firm were listed on the bourses on March 19 in the list of T Group of Securities
 "Jubilant Ingrevia rises 5% as Rakesh Jhunjhunwala raises stake in firm")
KEC International zooms 5% on winning orders worth Rs 1,429 crore
The Transmission & Distribution (T&D) business has secured orders of Rs. 701 crore for T&D projects from Power Grid Corporation of India Ltd. (PGCIL) and other customers in India, East Asia Pacific an
 "KEC International zooms 5% on winning orders worth Rs 1,429 crore")