Page 601 - Markets News
Stocks to Watch, Mar 4: IRCTC, IRFC, Adani Green, Metropolis, AGS Transact
Stock market today: The Centre has elevated IRCTC and IRFC from Miniratna I to Navratna status
 "Stocks to Watch, Mar 4: IRCTC, IRFC, Adani Green, Metropolis, AGS Transact")
Market Today: GIFT Nifty, Nikkei, Wall St sink on tariff news; Nukleus list
Stock Market Today, March 4: Stock markets today may open gap-down as Donald Trump decides to go-ahead with tariffs on Canada and Mexico from today
 "Market Today: GIFT Nifty, Nikkei, Wall St sink on tariff news; Nukleus list")
Selling pressure persists in broader mkts as Nifty, Sensex see minor losses
The number of stocks hitting 52-week lows has been increasing over the past one week amid a sharp selloff in the market
 "Selling pressure persists in broader mkts as Nifty, Sensex see minor losses")
Growth and margin woes likely to keep a lid on LTI Mindtree stock
The October-December quarter (Q3) of FY25 record deal-intake of $1.68 billion (up 29 per cent quarter-on-quarter or QoQ) could aid growth in Q4FY25
 "Growth and margin woes likely to keep a lid on LTI Mindtree stock")
Bombay High Court to hear Sebi plea in Cals Refineries case on March 4
The application by litigant Sapan Shrivastava alleged fraudulent listing of Cals Refineries on the stock exchange in connivance with the regulatory authorities
 "Bombay High Court to hear Sebi plea in Cals Refineries case on March 4")
New Sebi chief Tuhin Kanta Pandey looks to address employee concerns
"It's heartening to see the chairman address employees on his first full day, discussing concerns around targets and KRAs," said a source privy to the development
 "New Sebi chief Tuhin Kanta Pandey looks to address employee concerns")
Reliance Industries stock slump tracks weak earnings, valuation gap
Stock down 21.2% since FY24-end; share price at 17-month low
 "Reliance Industries stock slump tracks weak earnings, valuation gap")
Brokerage stocks sink as market chill sets in; Angel One falls 9%
Brokerages, depositories, and AMCs feel the squeeze
 "Brokerage stocks sink as market chill sets in; Angel One falls 9%")
Wall Street declines after discouraging February manufacturing data
An ISM survey showed manufacturing was steady in February, but a measure tracking forward-looking new orders contracted to 48.6 last month from 55.1 in January
 "Wall Street declines after discouraging February manufacturing data")
Sebi extends deadline for reporting differential rights issues by AIFs
A one-time reporting requirement was set for AIFs that filed their Private Placement Memorandum (PPM) with Sebi on or after March 1, 2020, and issued differential rights outside standard guidelines
 "Sebi extends deadline for reporting differential rights issues by AIFs")
HC asks ACB not to act till Mar 4 on FIR order against ex-Sebi chief
The bench said it would hear the pleas on Tuesday (March 4) and orally added that until then, the state ACB, which was directed to probe the case, shall not act upon the special court order
 "HC asks ACB not to act till Mar 4 on FIR order against ex-Sebi chief")
Stock Market Close Highlights: Sensex sheds 112 pts, Nifty settles at 22,119; RIL down 2%
Sensex Today | Stock Market Highlights: Among the broader markets, the Nifty Midcap100 index settled higher by 0.14 per cent, while the Nifty Smallcap100 settled lower by 0.27 per cent on Monday
 "Stock Market Close Highlights: Sensex sheds 112 pts, Nifty settles at 22,119; RIL down 2%")
Amid global uncertainties, FDI in India falls 5.6% to $10.9 bn in Q3FY25
FDI inflows during October-December 2023-24 stood at $11.55 billion
 "Amid global uncertainties, FDI in India falls 5.6% to $10.9 bn in Q3FY25")
Jio Financial share price hits record low on Monday, dips below Rs 200 mark
Jio Financial share price: Over the past one month, Jio Financial stock has crashed 10.99 per cent; in three months, the stock has tumbled 36.18 per cent; and in one year 32.64 per cent
 "Jio Financial share price hits record low on Monday, dips below Rs 200 mark")
Bajaj Auto, Hero MotoCorp, Ola Electric hit 52-week lows; here's why
These two-wheeler makers' stocks have plunged between 40 per cent and 66 per cent from their respective 52-week highs
 "Bajaj Auto, Hero MotoCorp, Ola Electric hit 52-week lows; here's why")
Upcoming IPO: Pranav Constructions files DRHP with Sebi; details here
The public offering, as outlined in the DRHP, comprises a fresh issue of equity shares of up to Rs 392 crore, with an offer-for-sale (OFS) of up to 2.85 million equity shares
 "Upcoming IPO: Pranav Constructions files DRHP with Sebi; details here")
Tata Group's Voltas defies market gravity, shares rise 4%; details here
The surge in Voltas' share price follows the news that the company has completed the transfer of its 92 per cent direct investment in Saudi Ensas Company
 "Tata Group's Voltas defies market gravity, shares rise 4%; details here")
BSE shares extend fall, tank 27% in 6 days; hit over 3-month low today
BSE share price: BSE share fell 6 per cent in Monday's intraday trade, extending its two-day fall to 15 per cent
 "BSE shares extend fall, tank 27% in 6 days; hit over 3-month low today")
Mastek hits 52-week low after Sebi issues warning letter; Check details
The warning letter was for not identifying a transaction as Unpublished Price Sensitive Information (UPSI) involving acquisition of a US-based entity by a subsidiary of the company in the US
 "Mastek hits 52-week low after Sebi issues warning letter; Check details")
Angel One share price plunges 10%, hits 52-week low; down 11% in 2 days
Angel One share price: According to Angel One, some of the company's AWS resources were "compromised", leading to an unauthorised access of the broker's clients' data on the dark web
 "Angel One share price plunges 10%, hits 52-week low; down 11% in 2 days")