Page 924 - Markets News
Rupee at new low of 83.85 against US dollar, bonds gain on global cues
Market participants said that the local currency might gradually depreciate to Rs 84 per dollar in near term
 "Rupee at new low of 83.85 against US dollar, bonds gain on global cues")
RBI moots certain regulatory principles for models of credit management
The model should have the necessary scalability and flexibility to meet the needs of dynamic business conditions
 "RBI moots certain regulatory principles for models of credit management")
Valuation of AT-1 bonds held by MFs will be based on yield to call: Sebi
AT-1 bonds are perpetual bonds issued by banks to raise money to meet regulatory capital requirements
 "Valuation of AT-1 bonds held by MFs will be based on yield to call: Sebi")
Wall Street plunges as US recession fears jolt global mkts; Apple falls 4%
Nvidia slid 5.6% after reports of a delay in the launch of its upcoming artificial-intelligence chips due to design flaws. Microsoft and Alphabet fell about 3% each
 "Wall Street plunges as US recession fears jolt global mkts; Apple falls 4%")
Market regulator Sebi proposes faster credit, trading of bonus shares
The move is to facilitate fast credit and trading of shares allotted during the bonus issue and reduce investors' risk of market volatility due to any delay in the credit
 "Market regulator Sebi proposes faster credit, trading of bonus shares")
Sebi proposes uniform timeline to ensure credit, trading of bonus shares
Currently, after a bonus issue, existing shares continue to trade under the same ISIN, and the new bonus shares are credited and available for trading within 2-7 working days post record date
 "Sebi proposes uniform timeline to ensure credit, trading of bonus shares")
Stock Market Highlights, Aug 5: Sensex tanks 2,223 points; Nifty ends near 24,050 amid global rout
Stock Market Highlights today, August 5: Bears took over as 45 out of the 50 listed stocks on Nifty50 posted a negative closing, with Tata Motors, and ONGC being the top laggards
 "Stock Market Highlights, Aug 5: Sensex tanks 2,223 points; Nifty ends near 24,050 amid global rout")
Stock market crash, Aug 5: What should investors do amid US recession woes?
The D-Street witnessed bloodbath on Monday amid major sell-off by global peers. The Sensex sank to an intraday low of 78,295 points, plunging 2,686 points, while the Nifty plummeted 823 points to 23,8
 "Stock market crash, Aug 5: What should investors do amid US recession woes?")
Titan tanks 8% after tepid Q1FY25 show: Should you buy, sell or hold?
Shares of Titan fell 7.56 to Rs 3,201 per share on the BSE in Monday's intraday deals. This came after the company reported a marginal decline in net profits on a year-on-year (YoY) basis
 "Titan tanks 8% after tepid Q1FY25 show: Should you buy, sell or hold?")
Earnings growth priced-in Divi's Labs stock, niche biz to expand: Analysts
Analysts say pharmaceutical company's stock fully priced in
 "Earnings growth priced-in Divi's Labs stock, niche biz to expand: Analysts")
Lupin Q1 Preview: Steady US sales, market share gains to boost profits
Brokerage estimates suggest that the pharma major is expected to see strong double-digit growth in the bottom line and single-digit growth in the top line year-on-year (YoY)
 "Lupin Q1 Preview: Steady US sales, market share gains to boost profits")
Ola Electric IPO day 2: Retail subscription surges; Check latest GMP & more
The subscription window for the Ola Electric IPO, which is available at a price band of Rs 72-76 apiece, closes on Tuesday, August 6, 2024
 "Ola Electric IPO day 2: Retail subscription surges; Check latest GMP & more")
Sebi amends mutual fund rules to curb front-running, insider trading
This came in the wake of Sebi's passing two orders regarding front-running cases involving Axis AMC and Life Insurance Corporation of India (LIC)
 "Sebi amends mutual fund rules to curb front-running, insider trading")
These 5 smallcap stocks hit new highs; zoomed up to 110% from June lows
Shakti Pumps, Pokarna, Gokul Agro Resources, Foseco India and GHCL Textiles from the BSE Smallcap index hit their respective record highs, rallied by up 17% in otherwise a weak market.
 "These 5 smallcap stocks hit new highs; zoomed up to 110% from June lows")
Market Mayhem: Bitcoin crashes below $50k; Ethereum, BNB fall up to 20%
The popular cryptocurrency has traded in the range of $49,121.24 (low) to $61,058.94 (high) in the last 24 hours
 "Market Mayhem: Bitcoin crashes below $50k; Ethereum, BNB fall up to 20%")
MF and retail share of NSE stocks at all-time high, FII share at 12-yr low
Mutual funds are now holding a record 9.17% of companies listed on the National Stock Exchange (NSE) as of June 30, 202
 "MF and retail share of NSE stocks at all-time high, FII share at 12-yr low")
VRL Logistics stock tanks 7% on weak June quarter show; profit tumbles 61%
The fall in the share price came on the back of weak June quarter of financial year 2025 (Q1FY25) results.
 "VRL Logistics stock tanks 7% on weak June quarter show; profit tumbles 61%")
Sensex, Nifty fall today on global worries but IPO GMPs remain steady
A GMP is the premium amount at which IPO shares are traded before they are listed on the stock exchanges. This also indicates investor sentiment towards public issues
 "Sensex, Nifty fall today on global worries but IPO GMPs remain steady")
Last Day! Ceigall India IPO closes today; Should you Bid? Check GMP & more
The three-day subscription window to apply for Ceigall India IPO, which opened on Thursday, August 1, 2024, closes today
 "Last Day! Ceigall India IPO closes today; Should you Bid? Check GMP & more")
MTNL, Cochin Shipyard, Atul Auto among 505 stocks locked in lower circuits
Of these 505 stocks, as many as 83 per cent or 420 stocks belonged to 'XT', 'T', 'X', and 'Z' categories
 "MTNL, Cochin Shipyard, Atul Auto among 505 stocks locked in lower circuits")