Page 43 - Indian Stock Market

Retail investors' share in MF AUM goes past 60% for the first time in Dec

The retail pie in the MF AUM has been inching upwards for some years now, with the pace picking up after the Covid-19 pandemic

Some Maharashtra distributors to stop stocking of HUL's Taj Mahal tea

AICPDF has also asked for a provision in the software system to prevent billing to outlets without valid FSSAI licenses

RIL, Axis Bank help Sensex, Nifty settle in green; broader indices outrun

Closing Bell on Thursday, January 11: Shares of Reliance Industries rose over 2 per cent for a second straight day, followed by Axis Bank, Ultratech Cement, Tata Motors, Power Grid

Five NBFCs look to raise Rs 2,750 crore via public issue this month

The proceeds from the issue will be used for interest payment of existing borrowings, further lending, business operations and expansion plans

Getting calls from international numbers? Here's what Centre advises

The government has directed all the telecom service providers to block the "malicious" calls from such numbers and advised the citizens to report them to the authorities

Gautam Adani reclaims India's richest title from Mukesh Ambani post-verdict

Reliance Group's combined market-cap at Rs 18.97 trillion, however, is way ahead of Adani Group's Rs 15.1 trillion

5 Reasons why Sensex fell 650 pts, Nifty below 21,600 intra-day on Tuesday

The S&P BSE Sensex fell over 650 points, while the NSE Nifty 50 shed nearly 200 points in intra-day trades on Tuesday, January 02.

Benchmarks see wild swings on first day of 2024, end flat; banks, auto slip

Closing Bell on January 1, 2024: The BSE Sensex and Nifty50 indices hit record highs of 72,562, and 21,834, respectively, intraday

Stock market investor base surges, UP upends Gujarat from the 2nd position

UP surpassed Gujarat to take the second position in 2023 by adding 33.8 per cent of new stock market investors

Sensex ends choppy day 242pts up, Nifty near 21,350; realty, IT stocks soar

Closing Bell on Friday December 22: The BSE MidCap and SmallCap indices outran the benchmarks with 0.74 per cent and 1 per cent gains, respectively

NSE says 7 passive funds tracking Nifty indices launched in Japan, Korea

The National Stock Exchange (NSE) on Wednesday said seven passive funds tracking Nifty Indices have been introduced in Japan and Korea this year, suggesting a strong demand from global asset managers for launching such India-focused products. Of these, six products are tracking Nifty 50 and one product is tracking Nifty50 2x leverage index. "These new products have garnered Assets under Management (AUM) of about USD 550 million," the National Stock Exchange (NSE) said in a statement. At present, there are 21 passive funds tracking Nifty Indices outside India. In addition, there are 270 passive funds tracking various Nifty Indices in India. In the last 10 years, the total AUM of passive funds tracking Nifty Indices in India and outside has increased to about USD 70 billion in November 2023 from about USD 1 billion in November 2013, growing at an annualized rate of 53 per cent. "We are seeing a strong demand from global asset managers for launching India-focused passive products. Th

Stocks to Watch: PVR Inox, Hero Moto, Jupiter Wagon, Texrail, eYantra, Ami

Stocks to Watch on December 15, 2023: eYantra has received a staffing service order worth $900,000 from Nvidia; Plenty Pvt Group & Multiples Pvt Group may sell 2.3% stake in PVR Inox

DOMS Industries IPO receives 15.16 times subscription on day two of offer

The initial share sale of pencil maker DOMS Industries received 15.16 times subscription on the second day of offer on Thursday. The Rs 1,200 crore Initial Public Offer (IPO) received bids for 13,39,90,938 shares against 88,37,407 shares on offer, according to data available with the NSE. The Retail Individual Investors (RIIs) part received 41.07 times subscription while the quota for non-institutional investors got subscribed 25.77 times. The category for Qualified Institutional Buyers (QIBs) got subscribed 1.18 times. The IPO has a fresh issue of up to Rs 350 crore and an offer for sale component of Rs 850 crore. Price range for the offer is Rs 750-790 a share. The IPO of DOMS Industries got fully subscribed within hours of opening for bidding on Wednesday and finally ended the day with 5.71 times subscription. DOMS Industries has raised Rs 538 crore from anchor investors. Funds raised through the fresh issue would be used for setting up a new manufacturing facility to expand

Muthoot Microfin IPO to open on Dec 18 at price band of Rs 277-291

The funds are expected to augment the capital base of the company. Out of the total, the company plans to raise Rs 760 crore through the sale of fresh equity and Rs 200 crore via Offer for Sale

Sensex scales mount 70K, ends 103pts up; broader indices outrun, PSBs shine

Closing Bell on December 11, 2023: The BSE Sensex registered a new summit at 70,058, but eventually settled at 69,929 on Monday. Nifty gained 28 points at 20,997.

Investors should limit their allocation to smallcap funds at 15-20%

Book profit if you have become overweight after the recent run-up

Investors' wealth rises by Rs 2.17 trn in deals as markets scale new peaks

Investors turned wealthier by Rs 2.17 lakh crore on Wednesday, as benchmark indices raced to scale new peaks, lifted by gains in blue chip stocks on the back of strong institutional inflows. Benchmark sensitive indices Sensex and Nifty touched record highs in initial trade on Wednesday, with Nifty nearing the psychologically-important level of 21,000. The 30-share BSE Sensex jumped 303.25 points, or 0.44 per cent, to a new record high of 69,599.39 in the morning trade. The broader index Nifty also climbed 100.05 points, or 0.48 per cent to hit its fresh lifetime high of 20,955.15. The market rally added Rs 2.17 lakh crore wealth to investors' kitty. The market capitalisation of BSE-listed companies surged to Rs 348.64 lakh crore in initial deals on Wednesday, from Rs 346.47 lakh crore in the previous trading session. Analysts said foreign institutional investors have reversed their selling strategy and have been consistent buyers during the last seven days. This momentum is a ...

India's stock market value tops $4 trillion, narrowing gap with Hong Kong

The market capitalisation of companies listed on India's exchanges has risen by $1 trillion in less than three years, as the South Asian market emerges as one of the best performers

Sensex, Nifty end at record highs as BJP clinches 3 state polls; banks soar

Closing Bell on December 4, 2023: The S&P BSE Sensex zoomed over 1,400 points intraday to hit a new record high of 68,918. The Nifty50, on the other hand, hit a fresh lifetime high of 20,703

Will markets extrapolate state poll outcomes to general elections in 2024?

Meanwhile, last week, the S&P BSE Sensex gained 2.29 percent or 1,511 points to end at 67,481 levels, while the Nifty50 gained 473 points, or 2.39 per cent, to 20,267 levels