Page 29 - Indian Markets

Nifty50 scales fresh peak on GDP boost; Sensex ends 493 points higher

Benchmark indices log the best week in 5 months

Strong earnings visibility for NTPC amid growing power demand in India

The share of electricity usage in energy has risen from 14 per cent in 2010 to 18 per cent in 2019

Satyam Computer case: Sebi lowers disgorgement amount to Rs 622 crore

In February, the Securities Appellate Tribunal (SAT) had remanded the matter back to Sebi, directing it to recalculate the unlawful gains and reconsider the ban on the promoters

Thomas Cook OFS subscribed 2.1x; Mission1 buys 23% stake in Shriram AMC

The 40-million sh­a­re offering saw bids for 85.7 million shares largely from insti­tutional investors

Retail broking revenues could more than double in 5 years: Bain & Company

Bain & Co highlights that the industry has also managed to penetrate beyond the top cities

Corporate bond issuances rebound in November as market gains stability

Furthermore, the market is projecting a total increase of a minimum of 15-20 per cent in corporate bond issuances for the entire current financial year compared to the last year

Siemens' strong July-September quarter results fail to cheer markets

A near 10 per cent rally in November and restructuring of promoter holding are seen as reasons for the subdued reaction

Improving working capital, project execution key to rally in BHEL's stock

A rise in debtor days to 581 in Q2FY24, from an already high 567 days Y-o-Y has led to stresses on the working capital cycle

Adani Group stocks rally up to 20%, add Rs 1 trn in market capitalisation

The 11 listed group companies added over Rs 1 trillion in market capitalisation to Rs 11.3 trillion. This was the biggest single-day jump in the group's market cap since April 11

MF assets may have hit Rs 50 trillion milestone amid market rally

AUM, which took 24 mths to go from Rs 30 trn to Rs 40 trn, will add next Rs 10 trn in 12 mths

Fag-end buying lifts Sensex 204 pts, Nifty near 19,900; Adani stocks zoom

Closing Bell on November 28, 2023: Adani Enterprises (up 9 per cent), Adani Ports (5.5 per cent), BPCL, Tata Motors, Coal India, ONGC, Bajaj twins were the top gainers

Street signs: Power of retail money, Tata Tech awaits global index entry

The benchmark S&P BSE Sensex and the National Stock Exchange Nifty have logged a fourth straight week of gains

India emerges as the least sensitive to a slowdown in China, shows data

Charts a distinct course in the face of global headwinds, while others tethered to China's gusts

AI firm BRAIIN Holdings forays into India, plans to invest $100 million

Through several synergistic acquisitions, the company's market capitalization increased from $215 million to $572 million over the past six months

Wager on four IPOs exceeds Rs 2 trn; Tata Tech subscribed nearly 70 times

Tata Tech offering races past LIC with a record 7.33 million applications

Rural push helps Bharti Airtel close in on Reliance Jio in AGR share

Currently, Reliance Jio's AGR market share is 41.6 per cent while Airtel's is at 37.2 per cent

Listing rush

Primary market activity indicates broader revival

AMCs' contribution to backstop fund for debt mutual funds tops target

Rs 33K cr CDMDF now operational after they pool initial corpus of Rs 3.1K cr

Have sufficient stocks of pulses to cool down prices, says Centre

Under the revised PSS, the overall quantity of procurement by the Central Government is restricted to 25 percent of actual production of the commodity for that particular season

Private life insurance companies seem to be on a secured path to growth

Recent data shows improvement in business, leading to share price gains