Page 4 - Indian Market
Share market today: Nifty consolidation, ECOS IPO, Orient Tech listing
Stock Market Today, Wednesday, Aug 28: Japanese Leading Composite Index, and Brent crude oil prices, various mainline and SME IPOs, Nifty levels and other key triggers to watch today
 "Share market today: Nifty consolidation, ECOS IPO, Orient Tech listing")
After KCM revival, Vedanta seeks greener pastures in India, abroad
The conglomerate looks to start production from its Zambia mines by FY25 end, with plans to supply the Indian market
 "After KCM revival, Vedanta seeks greener pastures in India, abroad")
ABD in talks with Russian Standard, ThaiBev for India product distribution
Allied Blenders & Distillers holds an estimated 11.8% market share in the Indian whisky market and is looking to expand its spirits portfolio, venturing into segments like vodka and scotch
 "ABD in talks with Russian Standard, ThaiBev for India product distribution")
Should investors book profits in Nifty IT, Auto? Check key levels here
The Nifty IT Index is poised for a correction in the near term, as technical indicators signal an overbought condition
 "Should investors book profits in Nifty IT, Auto? Check key levels here")
MobiKwik wallet numbers rise as banking players go through downturn
Among the non-bank players, MobiKwik had about 134.1 million wallets in January, which rose 2 per cent to 136.8 million in May, ranking the company second in terms of wallet numbers
 "MobiKwik wallet numbers rise as banking players go through downturn")
Mutual funds ride high: NFOs pick up on market rally, economic hope
29 launches since June 1, nearly half of previous five months' total
 "Mutual funds ride high: NFOs pick up on market rally, economic hope")
DSP MF cautions investors against lumpsum investment in infra fund
Says the valuations can lead to volatility, despite robust long-term outlook
 "DSP MF cautions investors against lumpsum investment in infra fund")
Time Technoplast gets nod to make Type-IV composite cylinders; stock up 13%
The uptick in share price came after the company secured final nod for manufacturing of Type-IV composite cylinders for Hydrogen issued by the Government authority
Meril launches indigenously developed knee-replacement robotic system
The company claimed that at Rs 2 crore, MISSO is priced around 66 per cent lower than the available robotic knee replacement systems in the Indian market
 "Meril launches indigenously developed knee-replacement robotic system")
Buy & Sell: Top three picks by Anand Rathi for June 20; check levels here
After a period of consolidation within the approximate range of Rs 1,740-1680, Radico Khaitanhas successfully broken out and is sustaining above this range, indicating a strong upward movement
 "Buy & Sell: Top three picks by Anand Rathi for June 20; check levels here")
WeWork gets CCI nod to sell stake in local unit, exit Indian market
Deal value not revealed; regulator expected to release detailed order is likely later
 "WeWork gets CCI nod to sell stake in local unit, exit Indian market")
IRB Infrastructure share price soars 4% on robust May toll collection
The uptick in share price came on the back of strong toll revenue collection in May 2024
 "IRB Infrastructure share price soars 4% on robust May toll collection")
Sebi seeks firms make additional disclosures to fast track public offers
The regulator has sought 31 additional disclosures, the most significant of which are information about conflict of interest with management, directors, large shareholders and subsidiaries
 "Sebi seeks firms make additional disclosures to fast track public offers")
Exit Polls: Here's your portfolio strategy as Sensex, Nifty scale new highs
The benchmark Sensex hit a new all-time high of 76,738.89, while the Nifty50 surpassed the 23,300-mark to reach 23,338.70
 "Exit Polls: Here's your portfolio strategy as Sensex, Nifty scale new highs")
Stock markets to cheer likely third term for PM Modi, hope for reforms
If the projections are accurate, investors will likely focus on expected policy continuity and a push for economic reforms
 "Stock markets to cheer likely third term for PM Modi, hope for reforms")
Buy & sell ideas for June 03 from Anand Rathi: NHPC, SJVN, Campus
After peaking near the Rs 153 mark on May 22, 2024, SJVN experienced a significant downturn, with a decline of approximately 22 points, equating to roughly 14-15 per cent
 "Buy & sell ideas for June 03 from Anand Rathi: NHPC, SJVN, Campus")
Indian bonds underpricing global index move, says ICICI Prudential AMC
India will be included in JPMorgan Chase & Co.'s key emerging market bond index as of next month
 "Indian bonds underpricing global index move, says ICICI Prudential AMC")
Bajaj Finserv MF adds to variety in multi-asset allocation category
Takes the dividend yield route to differentiate in the emerging hybrid category
 "Bajaj Finserv MF adds to variety in multi-asset allocation category")
Class-action suits come to the rescue of investors in Indian mkts, finally
It's only now that the tool is finally being put to use. Two separate challenges are being heard by India's company law tribunal
 "Class-action suits come to the rescue of investors in Indian mkts, finally")
M&M, Berger Paints, Mankind Pharma among six stocks to monitor on May 16
At 6:40 AM, GIFT Nifty futures were up by 90 points, trading at 22,377.50 levels compared to Nifty50 futures, indicating a gap-up opening for the stock exchanges
 "M&M, Berger Paints, Mankind Pharma among six stocks to monitor on May 16")
