Page 614 - Markets News

Sebi slaps Rs 10 lakh penalty on Axis Securities for violating stock rules

In an 82-page order, Sebi found that Axis Securities failed to follow regulatory procedures in several areas, including reporting discrepancies and improper handling of client funds

Religare shares surges 18.9% following Burman family becoming promoter

After the open offer, the shareholding of Burman family increased to 25.16 per cent, making it the largest shareholder and promoter of the company

BlackRock Veteran Swaminathan to lead its venture with Jio Financial

London-based Swaminathan, a 20-year veteran at the world's largest asset manager, is joining Jio BlackRock Asset Management as the money manager

SBI Mutual Fund buys shares of Alkem Laboratories for Rs 300 crore

SBI Mutual Fund on Friday bought additional shares of pharmaceutical company Alkem Laboratories for Rs 300 crore through an open market transaction.

Financial services, FMCG stocks most sold by FPIs in February, shows data

Financial services stocks bore the brunt of the selloff, with net selling amounting to Rs 5,344 crore

India ranked second-least favoured in Asia Pacific, says BofA survey

Japan remains the clear favourite in the region, followed by Taiwan

Addressed root cause behind NFO frenzy, open to more steps: Sebi's Buch

Sebi chief calls upon Amfi for guidance on the issue

NSE rejig: Zomato, Jio Financial to join Nifty 50 by the end of March

The announcement marks the first additions of digital era stocks to the country's most widely tracked equity gauge. Zomato was included in the BSE Sensex late last year

Metal index extends gain, up 6% in 1 week on hopes of earnings improvement

National Aluminium Company, Steel Authority of India, Hindalco, Jindal Stainless and Tata Steel from the BSE Metal index were up in the range of 2 per cent to 4 per cent in intra-day trade on Friday.

Sebi tweaks investor charter for brokers to boost consumer protection

The modified charter includes vision, mission, services provided to investors by brokers, various activities of brokers with timelines

NCLT admits insolvency proceedings against Aviom India Housing finance

Upon admission of the petition for CIRP against AVIOM (order dated February 20, 2025), the RBI on Friday said it has decided that the three-member committee shall continue as the advisory committee

Rupee slips on weak equities, importer dollar bids; ends higher for week

The rupee closed lower at 86.7125 against the U.S. dollar after rising to 86.4850 earlier in the session. The currency was up 0.1% week-on-week

Stock Market Highlights: Sensex sheds 425 points, Nifty at 22,796; Auto shares bleed, metal shines

Stock Market Highlights: All sectoral indices, barring Nifty Metal, settled in the red, with Nifty Auto being the top laggard, which ended down by 2.58 per cent

This Mukul Agrawal portfolio smallcap stock slips 36% in 1 month

In the previous two calendar years, Quick Heal zoomed over 80%, with the stock up 82% in calendar year 2024, while, in calendar year 2023, it more than doubled or skyrocketed 106%.

ICICI Sec sees Sensex at 90,000; double-digit earnings growth FY26 onwards

Keeping the price-earnings (PE) multiple intact, our (Nifty) index target gets revised to 27,000 levels i.e. nearly 21x PE on FY27 EPS of Rs 1,300

Dividend, Stock-split: PFC, SBI Cards, 8 others to turn ex-date next week

Here is the complete list of companies whose shares will trade ex-date next week, along with their key corporate announcements as per data available on the BSE

CDSL share price gains over 3% in weak stock market today; here's why

CDSL share price: CDSL is one of India's leading securities depositories. CDSL share price hit an all-time high of Rs 1,989.8 per share on December 17, 2024

Small, midcaps' correction: No need for Sebi's statement, says Buch

Drawing from her statement in March last year on the high valuations in the same stocks, Buch said Sebi had flagged its concerns on the high valuations when it saw a need for it

Quality Power IPO listing on Monday, Feb 24; Here's what GMP indicates

Estimated to be worth around Rs 858 crore, the Quality Power IPO received a muted response from investors, with the issue being oversubscribed by 1.29 times

L&T Technology Services shares rise 5%; what's boosting rally in stock?

Global brokerage Macquire double upgraded the stock to 'Outperform' for a target of Rs 6,530 per share, as per reports. The brokerage expects growth to pick up in plant and engineering