Page 23 - Indian Markets

Dow Jones looks to exit BSE index JV; Mukka Proteins IPO booked 136.89x

The Rs 224 crore-initial public offering (IPO) got bids for 7,665,765,155 shares against 56,000,435 shares on offer, according to data available with the NSE

Consensus price targets hint at modest stock market upside this year

Analysts expect Nifty50 components to gain an average 6.6%, Nifty Midcap 100 about 2%

Trading turnover logs fresh high in February, rises 2 times in a year

Sign of strong investor confidence say experts

Vitamin B12 supplements market steadily growing in India, shows data

The market for Vitamin B12 supplements is expanding, according to data from clinical research agency IQVIA.

Car leasing player Avyens eyes 8-10 per cent fleet growth in 2024

Indian car leasing market comprises of approximately 90,000 vehicles. Projection of Ayvens aligns with rising trend of car leasing as businesses seek more flexible & cost-effective mobility solutions

Street Signs: Sebi's F&O standoff, charting Nifty's course, and more

Market players anticipate that the positive momentum in the market, fuelled by better-than-expected domestic gross domestic product growth and softening US inflation data

Statsguru: Falling foreign ownership in booming Indian stock market

Foreign investors invested more money in riskier midcap and smallcap stocks even as their overall stake came down

Gaining momentum: Petro product exports fire up after fall in January

In Feb, country regains market share in diesel shipments, India's most-valued export to Europe, putting a check on US expansion

NSE unique investor count tops 90 mn; Sebi's settlement plea of 4 banks

Mahar­a­sh­tra has the highest number of unique investors at 16 million followed by UP and Gujarat with 9.7 million and 8.1 mi­llion investors, respectively

Losers outpace gainers for the first time in 11 months, shows data

The Nifty Smallcap 100's 12-month forward price-to-earnings ratio has risen to 22 versus its 10-year average is 16.5, according to Bloomberg data

IPO-bound Ola Electric clocks highest registration of 35,000 units in Feb

In December last year, the company became the first EV 2W manufacturer to record 30,000 registrations in a month

Equity investors make best returns amid falling interest rates: UBS

Based on free-float market capitalisation in the FTSE All-World index, which spans the investable universe for a global investor, the US market accounts for a staggering 60.5 per cent of total value

Stock markets snap six-day winning streak; Sensex slumps 434.31 points

Equity benchmark indices Sensex and Nifty broke their six-day winning run on Wednesday and settled with a steep fall amid fag-end selling triggered by a rush for profit booking and mixed global cues. The 30-share benchmark Sensex stayed mostly firm during intra-day but settled 434.31 points or 0.59 per cent lower at 72,623.09 points. It touched the intra-day low of 72,450.56, down 0.83 per cent from previous closing level of 73,057.40 points. Similarly, the broader Nifty also paired all its intra-day gains before closing 141.90 points or 0.64 per cent down at 22,055.05 points. The 50-share barometer had hit a lifetime peak of 22,196.95 points on Tuesday and remained mostly in the upward trajectory on Wednesday. In the Sensex pack, 20 stocks ended in the red while 37 of the Nifty constituents closed the session with losses. NTPC was the biggest loser among the Sensex constituents, ending with a loss of 2.71 per cent. It was followed by PowerGrid, Wipro, HCLTech, L&T and Tech ...

Manufacturing firms likely to lead pay hikes in 2024: AON India survey

According to the projections by AON, the manufacturing sector could lead the hike with 10.1 per cent, followed by life sciences, and financial institutions with a 9.9 per cent hike each

AIF commitments top Rs 10 trn for first time amid rising demand from HNIs

AIFs investing in private credit picked up steam after Budget presentation

Spike in new MF investors as bull run continues, scheme launches pick up

MFs add 1 million new investors in January, highest in nearly two years

'Investors should have balanced portfolio via flexicap, multicap funds'

Calendar 2024 will likely be a year of transitions. In 2023, the debate in the market was mostly around the completion of interest rate hike cycle, but this year it's about elections

SBI Mutual Fund among buyers of Whirlpool of India's nearly 24% stake

Shares of Whirlpool India fell 3.2 per cent to close at Rs 1,288. Following the share sale, the promoter shareholding in the company will drop to about 51 per cent

NMDC poised for gains from demand triggers and capacity expansion

The reported net profit was Rs 1,490 crore and adjusted for extraordinary items of Rs 252 crore, it was Rs 1,740 crore, higher by 96 per cent y-o-y and 69.8 per cent sequentially

Investors turning wary of crowded India trade after stellar rally

Citigroup Inc. and Societe Generale SA have downgraded India, while foreigners have sold a net $3.8 billion of local shares so far this year, the highest in emerging Asia outside of China