Page 706 - Markets News

Sebi revamps mutual fund, demat nomination to reduce unclaimed assets

The regulator has also issued detailed guidelines for nominees to act on behalf of incapacitated investors

Sebi outlines procedure for seeking waiver of interest on penalty payment

In its circular, Sebi said applications are allowed only if the notice of demand has already been served and the principal amount due is fully paid

Nusli Wadia, sons, others settle disclosure lapses case with Sebi

Sebi noted that Wallace Brothers Trading & Industrial Ltd, a promoter group entity, of Bombay Burmah Trading Corporation (BBTC) was incorrectly classified as a public shareholder

Realtors, investors puts $11.4 billion in Indian real estate in 2024: CBRE

This was followed by the office sector at 32 per cent, retail at 9 per cent, residential at 8 per cent, industrial and logistics (I&L) at 6 per cent, hotels at 2 per cent

Sebi renews recognition to AMC Repo Clearing for 1 yr to clear transactions

The regulator has granted renewal of recognition for one year starting January 17, 2025, according to a notification uploaded on Sebi's website on Friday

Stock Market Highlights: Sensex drops 241 pts, Nifty at 23,431; broader mkts sink 2%; TCS rallies 6%

Stock Market Highlights: Indian markets declined for the second consecutive session, ending the week on a negative note on Friday. The 30-share Sensex slipped 241.30 points or 0.31 per cent

Swiggy, Zomato slips up to 4%; is 10-minute food delivery raising concerns?

NRAI has alleged that the introduction of standalone apps, Bistro and Snacc, by Zomato and Swiggy respectively is raising issues for restaurant partners

This micro-cap stock resumed trading after 40 months; zooms 71% in 10 days

Shares of Atlas Cycles (Haryana) were locked in the upper circuit for the 10th straight day, up 10 per cent at Rs 112.78 on the BSE in Friday's intra-day trade.

MGL, IGL: Gas stocks mixed after govt hikes domestic gas allocation

For Mahanagar Gas, Gail made an upward revision in the APM price by 26 per cent which will be effective from January 16, 2025

Paytm share price drops 14% this week; breaks support levels on tech chart

Paytm share price: From its 52-week high level of Rs 1,063, which it hit on December 17, 2024, Paytm share price has crashed 20.6 per cent

Nifty Auto on slippery ground; 13 out of 15 stocks trade below 200-DMA

Hero Moto, Tata Motors and Bharat Forge are the worst hit as shares trade at over 20% discount against the long-term moving average. Maruti, Bosch, Bajaj Auto stock could dip another 11%.

Tata Steel, Coal India, Hero MotoCorp from Nifty 50 hit 52-week lows

These stocks were down in the range of 1 per cent to 3 per cent in intra-day trades. They have corrected by up to 35 per cent from their respective 52-week highs

IndusInd Bank down 4% as Goldman Sachs downgrades to 'Neutral', cuts target

The downfall in the IndusInd Bank share price came after reports indicated that the New York-based brokerage Goldman Sachs downgraded the stock to 'Neutral'

Surya Roshni shares pop 5% on securing deal from BPCL for CGD project

The uptick in Surya Roshni share price came after the company announced that it has secured an order of Rs 81.47 crore from Bharat Petroleum Corporation Limited (BPCL)

Delta Corp, Nazara Tech jump up to15% as SC stays GST notices indefinitely

SC on online gaming plea news: The Rajya Sabha, in December 2023, was informed that online gaming companies were served 71 show-cause notices related to GST evasion, amounting to Rs 1.12 trillion

Fund raising from capital markets to jump 21% to Rs 14.27 trn in FY25: Buch

Buch said in the past nine months of the current fiscal, entities have mobilised Rs 3.3 trillion in equity and Rs 7.3 trillion from the debt markets

IRCTC share steams ahead 5% as Macquarie initiates with 'Outperform'

The northward movement in IRCTC share price came after foreign brokerage firm Macquarie initiated coverage with 'Outperform' rating, with a target price of Rs 900

Quadrant Future Tek allotment today: Check status, GMP, listing date

Once the allotment is finalised, investors can check Quadrant Future Tek's allotment status by visiting the official website of the NSE, or, Link Intime India

Lloyds Metals' shares hits new high in weak market; surges 34% in 1 month

The company's stock is trading higher for the fourth straight day, soaring 6.5 per cent after India Ratings and Research (Ind-Ra) upgraded the company's long-term issuer rating

Market breadth turns bearish; 63% of Nifty 500 stocks below long-term avg

Analysts suggest, the markets are worried about implementation of protectionism measures by the new leadership in the US and evolving deflationary conditions especially in China.