Page 880 - Markets News
Even as Sebi WTM, Madhabi Puri Buch drew 'salary' from ICICI Bank: Cong
No payment to her other than retiral benefits, clarifies lender
 "Even as Sebi WTM, Madhabi Puri Buch drew 'salary' from ICICI Bank: Cong")
Be more discerning on SME IPOs: Market regulator Sebi to exchanges
Urges SMEs to go for alternative funds before exploring listing option
 "Be more discerning on SME IPOs: Market regulator Sebi to exchanges")
Single filing with exchange to be reality very soon: Sebi chief Buch
Speaking at a CII event, Sebi chairperson said, "a single filing with the exchange will be a reality very soon"
Gujarat Gas stock flies 14% on merger, demerger plan; brokerages upbeat
Brokerages see an upside of up to 23 per cent in Gujarat Gas stock as they believe that the restructuring of these Gujarat companies will simplify the existing layered structure.
 "Gujarat Gas stock flies 14% on merger, demerger plan; brokerages upbeat")
Didn't pay salary to Sebi chief Buch after retirement: ICICI Bank clarifies
The clarification came after the country's opposition party alleged that Buch continued to draw a salary from the bank
 "Didn't pay salary to Sebi chief Buch after retirement: ICICI Bank clarifies")
54% IPO shares allotted to investors sold within a week, shows Sebi study
Individual investors sold 50.2 per cent shares (in value terms) allotted to them within a week from listing, non-institutional investors (NIIs) offloaded 63.3 per cent shares
 "54% IPO shares allotted to investors sold within a week, shows Sebi study")
Stock Market Highlights, Sept 02: Markets post record close; Sensex tops 82,550, Nifty near 25,300
Stock Market highlights: 27 out of 50 constituent stocks of Nifty50 ended higher, with gains led by Bajaj Finserv, Bajaj Finance, HCL Tech, Hero MotoCorp, and SBI Life Insurance
 "Stock Market Highlights, Sept 02: Markets post record close; Sensex tops 82,550, Nifty near 25,300")
The Anup Engg stock rises 4%, hits 52-week high on pact with Graham Corp
The stock price of Anup Engineering jumped after the company entered into a strategic manufacturing and supply agreement with Graham Corporation, a US based critical equipment firm
 "The Anup Engg stock rises 4%, hits 52-week high on pact with Graham Corp")
Gujarat State Petronet rebounds 13% on heavy volumes; zooms 47% in 11 days
GSPL share price: GSPL moved higher by 6 per cent to hit a new high of Rs 469.60, bouncing back 13 per cent from its intraday low on Monday
 "Gujarat State Petronet rebounds 13% on heavy volumes; zooms 47% in 11 days")
Dr Reddy's declines 3% after China's regulator bans import of ADHD drug
Atomoxetine is used for treating attention deficit hyperactivity disorder (ADHD) in adults and children over six years.
 "Dr Reddy's declines 3% after China's regulator bans import of ADHD drug")
How to trade newly crowned Navratnas: RailTel, SJVN, NHPC
SJVN, NHPC and RailTel Corp can potentially rally up to 14% from present levels, suggests technical charts. Watch out for these key support and resistance levels going ahead.
 "How to trade newly crowned Navratnas: RailTel, SJVN, NHPC")
Techno Electric & Eng surges 5% on contract win from RailTel to build EDCs
Share price of Techno Electric & Engineering scaled up to Rs 1700.70, surging 4.84 per cent per share on the BSE in Monday's intraday trade
 "Techno Electric & Eng surges 5% on contract win from RailTel to build EDCs")
Lights, Camera, IPO: VFX firm Identical Brains Studios files DRHP; details
The company will offer a fresh issuance of up to 36,94,000 equity shares with a face value of Rs 10 apiece through the book-building route
 "Lights, Camera, IPO: VFX firm Identical Brains Studios files DRHP; details")
Dixon Technologies share price slips 5% in firm market; here's why
UBS Principal Capital Asia offloaded 6,86,064 shares at an average price of Rs 13,178.47 per share on Friday. The stake in Dixon Technologies was worth Rs 904.12 crore
 "Dixon Technologies share price slips 5% in firm market; here's why")
HCL Tech's market cap nears Rs 5 trillion; stock zooms 46% from June low
With HCL Tech's stock up 3 per cent at 11:58 AM, the market cap of the company stood at Rs 4.9 trillion, and 2 per cent away from the Rs 5-trillion-mark, exchange data showed.
 "HCL Tech's market cap nears Rs 5 trillion; stock zooms 46% from June low")
Conflict of interest: Buch drew salary from ICICI while at Sebi, says Congress
Congress leader Pawan Khera accuses Buch of receiving remuneration not only from the government but also from ICICI Bank and ICICI Prudential.
 "Conflict of interest: Buch drew salary from ICICI while at Sebi, says Congress")
August auto sales impact: Hero, Eicher, and Maruti gain; TaMo, TVS slip
Automaker Tata Motors saw an 8.1 per cent drop in total sales for August 2024, totaling 71,693 vehicles compared to 78,010 units in August 2023.
 "August auto sales impact: Hero, Eicher, and Maruti gain; TaMo, TVS slip")
Bazaar Style IPO: Subscription soars on Day 2, GMP up 20%; should you bid?
The three-day subscription window to bid for the Bazaar Style Retail IPO, available at a price band of Rs 370-389 and a lot size of 38 shares, closes tomorrow
 "Bazaar Style IPO: Subscription soars on Day 2, GMP up 20%; should you bid?")
Dynacons Systems gets Rs 143-cr order from Bank of Maharashtra; stock up 4%
The rise in Dynacons Systems share price came after the company announced that it has bagged an order worth Rs 142.55 crore from Bank of Maharashtra.
 "Dynacons Systems gets Rs 143-cr order from Bank of Maharashtra; stock up 4%")
CESC soars 3% on incorporating new subsidiary in renewable power sector
CESC stock price surged up to 3.2 per cent at Rs 200.60 per share on the BSE in Monday's intraday trade
 "CESC soars 3% on incorporating new subsidiary in renewable power sector")