Page 899 - Markets News
Sebi asks CAs to be extra careful while auditing cos listed on SME exchange
Sebi's whole-time member Ashwani Bhatia expressed satisfaction with progress of SME platform, stating that Rs 14,000 cr has been raised by such entities, with Rs 6,000 cr being raised in FY24 alone
 "Sebi asks CAs to be extra careful while auditing cos listed on SME exchange")
Stock Market Highlights: Sensex, Nifty end flat, broader indices mixed ahead of Powell's speech
Stock Market Highlights on Friday, August 23: At closing bell, the BSE Sensex was at 81,086.21, up by 33.02 points. Nifty 50 was at 24,823.15, up marginally by 11.65 points
 "Stock Market Highlights: Sensex, Nifty end flat, broader indices mixed ahead of Powell's speech")
Sun Pharma hits 52-week high on launch of skin infection drug 'Starizo'
Starizo is used to treat Acute Bacterial Skin and Skin Structure Infection.
 "Sun Pharma hits 52-week high on launch of skin infection drug 'Starizo'")
PCBL soars 10% on healthy outlook; stock skyrockets 93% in one month
PCBL said the growing automobile, electronics, packaging, and construction industry will drive the demand for specialty application in plastic, inks, paints, coatings
 "PCBL soars 10% on healthy outlook; stock skyrockets 93% in one month")
Deep Industries stock price zooms 5%, hits 52-week high; here's why
Deep Industries share price increased up to Rs 368.70 per share, zooming 5.26 per cent on the BSE in Friday's intraday deals
 "Deep Industries stock price zooms 5%, hits 52-week high; here's why")
Axis Securities recommends buying these 4 stocks from metals & mining space
Hindalco, Coal India, among four metal and mining stocks recommended by Axis Securities
 "Axis Securities recommends buying these 4 stocks from metals & mining space")
Authum up 73% in 13 trading days, hits new high; zooms 700% in 15 months
Authum is a registered NBFC carrying on the business of investment in shares and securities and also financing activities.
 "Authum up 73% in 13 trading days, hits new high; zooms 700% in 15 months")
Poly Medicure shares rally after successfully raising Rs 1,000 cr via QIP
Poly Medicure's share price increased up to 2.22 per cent at Rs 2195 per share on the BSE in Friday's intraday deals
 "Poly Medicure shares rally after successfully raising Rs 1,000 cr via QIP")
New IPO! Blackstone-owned IGI India files DRHP with Sebi to raise Rs 4k cr
IGI IPO: With this initial public offering, the company is offering a fresh issue of shares worth up to Rs 1,250 crore and an offer for sale of Rs 2,750 crore of equity shares
 "New IPO! Blackstone-owned IGI India files DRHP with Sebi to raise Rs 4k cr")
IndiGo soars 9% in 2 days, hits record high on Jefferies' 'Buy' upgrade
IndiGo share price today: Jefferies bull case pegs IndiGo's share price target price at Rs 5,800, suggesting a likely upside of 29.4 per cent from current levels
 "IndiGo soars 9% in 2 days, hits record high on Jefferies' 'Buy' upgrade")
Lancor Holdings jumps nearly 7% after signing redevelopment MoU in Chennai
Lancor, in an exchange filing, said the re-development project will have a total built-up area of 85,337 sq. ft, and it expects to begin work on the project after receiving the required approvals.
 "Lancor Holdings jumps nearly 7% after signing redevelopment MoU in Chennai")
Investors' glee! 14 stocks to trade Ex-Date next week for Dividend, Buyback
Here is a list of stocks that will trade ex-date in the next week for several corporate actions, including dividends, and share buybacks
 "Investors' glee! 14 stocks to trade Ex-Date next week for Dividend, Buyback")
IPO calendar next week: 6 new issues, 8 listings to ignite primary markets
Shares of Orient Technologies, and Interarch Building Products will list on the bourses, while IPOs of Premier Energies, and ECOS (India) Mobility & Hospitality will open for subscription next week
 "IPO calendar next week: 6 new issues, 8 listings to ignite primary markets")
Kaynes Technology shares surge on new manufacturing facility launch
Kaynes Technology stock price surged as much as 2.86 per cent at Rs 5165.80 per share on the BSE in Friday's intraday trade
 "Kaynes Technology shares surge on new manufacturing facility launch")
What fuelled this Ashish Kacholia-owned stock's 74% rally in past one month
Shares of Balu Forge Industries hit a new high of Rs 679.95 in intra-day trade today. It has zoomed 205 per cent from its June month low of Rs 223 on the BSE.
 "What fuelled this Ashish Kacholia-owned stock's 74% rally in past one month")
Angel One, Zee, VIP Inds: Down over 20% in 2024; how should you trade here?
A total of 19 stocks have declined over 20% thus far in the calendar year 2024, even as the Sensex and Nifty have rallied up to 14%; here are the key levels to watch out on these 6 stocks.
 "Angel One, Zee, VIP Inds: Down over 20% in 2024; how should you trade here?")
RailTel shares gain 8% on securing new order worth Rs 52.66 crore
RailTel order book at the end of the June quarter stood at Rs 4,682 crore
Anil Ambani banned from security market for 5 yrs, fined Rs 25 cr by Sebi
Anil Ambani and 24 other entities have been barred from the securities market for five years for fund diversions from Reliance Home Finance Ltd
 "Anil Ambani banned from security market for 5 yrs, fined Rs 25 cr by Sebi")
Devyani International shares climb over 5% on block deal news; details
The northward movement in the stock price came on the news of block deals involving 42,46,671 shares of the company, worth nearly Rs 79.34 crore
 "Devyani International shares climb over 5% on block deal news; details")
Nykaa gains 7% after 1.4% equity change hands vial block deals
According to reports, Harindarpal Singh Banga, a pre-IPO investor in Nykaa, was looking to sell up to 1.4 per cent of his stake in the the company today
 "Nykaa gains 7% after 1.4% equity change hands vial block deals")