Page 969 - Markets News
UBS Group AG sells shares of 7 companies worth Rs 4,961 crore
Zurich-based UBS Group AG through its affiliate UBS Principal Capital Asia offloaded shares of seven companies through separate bulk deals on the National Stock Exchange (NSE)
 "UBS Group AG sells shares of 7 companies worth Rs 4,961 crore")
Strong earnings growth ahead for listed sugar companies' stocks
The blend ratio targeted is 20 per cent (80 percent petrol with 20 per cent ethanol) for Nov '24-Oct '25, up from an estimated 14 per cent in Nov '23-Oct 24
 "Strong earnings growth ahead for listed sugar companies' stocks")
Sebi removed 15,000 sites with unauthorised advice in three months
Speaking at the Global Fintech Fest, he said there was successful engagement with the technology providers who are complying with the regulator's request
 "Sebi removed 15,000 sites with unauthorised advice in three months")
Rakesh Gangwal, family trust sells 5.83% stake in IndiGo for Rs 10,500 cr
In two separate regulatory filings, Rakesh Gangwal sold 22.50 lakh shares of InterGlobe Aviation and the Chinkerpoo Family Trust disposed of more than 2.02 crore scrips of the airline
 "Rakesh Gangwal, family trust sells 5.83% stake in IndiGo for Rs 10,500 cr")
Market regulator Sebi plans to revamp the informal guidance framework
Additionally, Sebi has proposed to hike the application fee from Rs 25,000 at present to Rs 75,000
 "Market regulator Sebi plans to revamp the informal guidance framework")
Sebi approves IIHL's acquisition of PMS business unit of Invesco AMC
The Competition Commission of India (CCI) has already granted its consent to IIHL for acquiring 60 per cent shareholding in each of InvescoAsset Management (India) Pvt Ltd and Invesco Trustee Pvt Ltd
 "Sebi approves IIHL's acquisition of PMS business unit of Invesco AMC")
Sebi's recovery rate remains below 2% of notices sent over a decade
The remaining recovery of 98.3 per cent has not been realised in practice. These notices cover collective investment schemes (CIS), deemed public issues (DPI), and other matters
 "Sebi's recovery rate remains below 2% of notices sent over a decade")
Dividend fever hits 86 stocks! Gulf Oil others to trade ex-date next week
A dividend, often considered an additional source of income for investors upon their investment, is distributed by the company to its shareholders from its income
 "Dividend fever hits 86 stocks! Gulf Oil others to trade ex-date next week")
Stock Market Highlights, Aug 30: Benchmarks log record close; Sensex tops 82,350, Nifty near 25,250
Stock Market highlights: The Sensex, and Nifty50 ended at record high closing levels ahead of the Q1 FY25 GDP data to be released today
 "Stock Market Highlights, Aug 30: Benchmarks log record close; Sensex tops 82,350, Nifty near 25,250")
This PSU upstream oil stock has zoomed 209% thus far in calendar year 2024
Oil India shares have zoomed 209 per cent in the calendar year 2024, as compared to 14 per cent rise in the BSE Sensex.
 "This PSU upstream oil stock has zoomed 209% thus far in calendar year 2024")
Paytm surges 13% on heavy volumes; stock zooms 101% from May low
Paytm share price today: Paytm share has doubled, zooming 101 per cent, from its 52-week low of Rs 310, touched on May 9, 2024.
 "Paytm surges 13% on heavy volumes; stock zooms 101% from May low")
RIL's 1:1 bonus shares explained: Meaning, tax rules, and implications
What are bonus shares and how Reliance's latest announcement will impact investors
 "RIL's 1:1 bonus shares explained: Meaning, tax rules, and implications")
Stock ideas for Sept: TaMo, Mah Holidays can rally up to 28%, hint charts
Here are 5 stock ideas for September 2024 based on the 'Buy' signal on the technical momentum indicator - the MACD (Moving Average Convergence-Divergence).
 "Stock ideas for Sept: TaMo, Mah Holidays can rally up to 28%, hint charts")
RVNL gets Rs 202-crore LoA from South Eastern Railway; shares gain over 4%
Rail Vikas Nigam Ltd will complete the project in an 18-month period
 "RVNL gets Rs 202-crore LoA from South Eastern Railway; shares gain over 4%")
SBI Card loses credit card market share in July; InCred retains 'Reduce'
InCred's target price translates into 30.7 per cent downside in the share price from previous close of Rs 721.15 per share.
 "SBI Card loses credit card market share in July; InCred retains 'Reduce'")
ECOS Mobility IPO ends today: should you bid? Check GMP & other details
The three-day subscription window to bid for the ECOS Mobility IPO, which is offered at a price band of Rs 318-334 and a lot size of 44 shares, ends today
 "ECOS Mobility IPO ends today: should you bid? Check GMP & other details")
Garden Reach inks MoU with National Highway Infrastructure; shares up 7%
The MoU entails the construction and delivery of Class 70R Double-Lane Bridges
 "Garden Reach inks MoU with National Highway Infrastructure; shares up 7%")
Torrent Pharma rallies 4% as USFDA issues EIR for Gujarat facility
In the past one year, Torrent Pharma has outperformed the market by zooming 94 per cent as compared to 27 per cent rise in the BSE Sensex
 "Torrent Pharma rallies 4% as USFDA issues EIR for Gujarat facility")
Eight-day rally takes Airtel's m-cap over Rs 9.5 trn; stock hits new high
Shares of Bharti Airtel are quoting higher for the eighth straight trading day, having rallied 11 per cent during the period, and taking the company's market capitalisation to over Rs 9.5 trillion.
 "Eight-day rally takes Airtel's m-cap over Rs 9.5 trn; stock hits new high")
SpiceJet stock slips 6% after DGCA puts co under 'enhanced surveillance'
The move comes after an audit of the airline's engineering facilities on August 7 and 8 revealed certain deficiencies.
 "SpiceJet stock slips 6% after DGCA puts co under 'enhanced surveillance'")