Page 22 - Market News

Knowledge Realty Trust raises ₹1,620 crore from anchor investors in IPO

Knowledge Realty Trust, sponsored by realty firm Sattva Group and Blackstone, on Monday garnered Rs 1,620 crore from anchor investors ahead of its REIT public issue opening for public subscription. Those who have been allotted shares in the anchor round included TATA AIG General Insurance Company, Life Insurance Corporation of India, Nippon India Mutual Fund (MF), Axis MF, Tata MF, Amundi, Wells Capital, Jhunjhunwala Trust and 360 ONE, according to a circular uploaded on BSE's website. As per the circular, Knowledge Realty Trust has allotted 16.2 crore units to anchor investors at Rs 100 per unit. Additionally, the company received a strategic allocation of Rs 1,200 crore from institutional investors. The Rs 4,800-crore REIT initial public offering will be open from August 5-7. The company has set a price band of Rs 95 to Rs 100 per unit. This initial public offering (IPO) is entirely a fresh issuance of units by Knowledge Realty Trust. In early March, KRT filed the draft red her

Choice AMC gets Sebi nod to launch mutual fund operations with ETFs

Financial services company Choice International on Friday said its arm Choice AMC has received final approval from Sebi to commence operations as an Asset Management Company (AMC), marking its foray into the mutual fund business. The regulatory clearance enables the Mumbai-headquartered Choice group to formally roll out its mutual fund operations, expand its offerings across the financial services spectrum, the company said in a statement. Choice will now initiate operations of its AMC, with a strategic and phased rollout beginning with passive investment products such as index funds and exchange traded funds (ETFs), it added. "This approval marks a significant milestone in the expansion of our financial services portfolio and reinforces our long-term commitment to delivering comprehensive and accessible investment solutions. "The mutual fund platform will initially focus on passive products, in line with our objective to build a stable, scalable, and professionally managed asset .

Sebi asks institutions to ensure digital access for special-needs persons

Capital markets regulator on Thursday directed all regulated entities to make their digital platforms accessible to persons with disabilities, in compliance with the Rights of Persons with Disabilities Act. In a circular, Sebi said, "The move is aimed at protecting the rights and dignity of persons with disabilities and ensuring their full and effective participation in the securities market". The directive follows a Supreme Court verdict dated April 30, 2025, that recognised digital access as a fundamental right under the right to life and liberty. The mandate applies to all Sebi-regulated entities (REs), including stock exchanges, clearing corporations, depositories, brokers, mutual funds, and KYC agencies. They must ensure compliance with key provisions of the Rights of Persons with Disabilities (RPwD) Act and related rules to facilitate access to websites, mobile apps and other platforms. Sebi said the regulated entities (REs) must submit lists of their digital platforms and .

Q1 earnings, US Fed decision to drive market sentiments this week: Analysts

Stock markets are in for an event-heavy week ahead with a raft of Q1 earnings from blue-chips, the US Fed interest rate decision and foreign investors trading activity driving investors' sentiment, analysts said. Macroeconomic data announcements, monthly auto sales numbers and global market trends would also guide movement in the domestic equities, they said. Markets would also keep a track on developments related to the August 1 trade deal deadline and geopolitical tensions between Thailand and Cambodia. August 1 marks the end of the suspension period of Trump tariffs imposed on dozens of countries, including India. "The start of the new month will bring attention to key economic data, including Industrial Production (IIP) and HSBC Manufacturing PMI on August 1. Additionally, monthly auto sales figures will be closely monitored. The scheduled expiry of the July derivatives contracts may add further volatility to the markets," Ajit Mishra SVP, Research, Religare Broking Ltd, said.

Sebi cancels registration of 13 advisers over non-payment of renewal fees

Markets regulator Sebi on Friday cancelled the registration of 13 entities as investment advisers after they failed to pay the renewal fees. "The main purpose of cancellation of certificate of registration, as investment adviser, of the noticees (13 entities) is to prevent the misuse of their expired certificate of registration with Sebi on unaware investors," the regulator said in its order. However, Sebi clarified that these entities would continue to be liable for anything done or omitted to be done as investment advisers despite the cancellation of registration. These 13 entities are -- Manjeet Singh Vohra, Tarun Kumar Sapra, Gowri Suganya B, Sanjay Subodhchandra Shukla, Shaji George, Ravi Mittal, VBS Investments, Ravishankar K Iyer, MG Funds, Sandeep Ahuja, Harsh Agarwal, Varun Jalan and Gaurav Kedia. Considering that the entities have not paid the renewal fees to keep the registration in force, and their registration certificates as investment advisers have expired, Sebi has

Oswal Energies files DRHP to raise ₹255 crore capital through IPO

The company aims to use around ₹177 crore for long-term working capital requirements

Sebi considers review of categorisation of MF schemes to address overlap

Markets regulator Sebi on Friday proposed to review the categorisation of mutual fund schemes in a bid to improve clarity and address the issue of overlap in portfolios of schemes. The proposal came after Sebi noted a significant overlap of portfolios in some schemes and felt the necessity to introduce clear limits to the industry to avoid schemes with similar portfolios. In its consultation paper, Sebi suggested that mutual funds should be permitted to offer both Value and Contra funds, subject to the condition that no more than 50 per cent of the schemes' portfolios would overlap at any point in time. The overlap condition should be monitored at the time of New Fund Offer (NFO) deployment and subsequently on a semi-annual basis using month-end portfolios. In case of a higher-than-permitted overlap, the Asset Management Company (AMC) should rebalance the portfolios within 30 business days. An extension of up to an additional 30 business days may be obtained from the Investment ...

Stock Market close: Fag-end buying lifts Sensex 270 pts, Nifty at 25,522; realty stocks shine

Sensex today | Stock market close, July 8, 2025: The Nifty MidCap 100 and the Nifty SmallCap 100 indices were down 0.17 per cent and 0.29 per cent respectively.

Stock Market Close: RIL, FMCG shares shine as Sensex, Nifty end rangebound session marginally in red

Sensex today | Stock Market close, July 7, 2025: The NSE MidCap 100 index was down 0.27 per cent, while NSE SmallCap 100 index was down 0.44 per cent

Microcap stocks soars 15% today; zooms 140% from February low

Shares of Eimco Elecon (India) hit an over eight-month high of ₹3,001.10, as they soared 15 per cent on the BSE in Friday's intra-day trade.

Stocks to Watch Today, July 4: Piramal Pharma, RIL, Bajaj Fin, BoB, IEX

Stocks to Watch Today, Friday, July 4, 2025: Emcure Pharma, Bandhan Bank, One Mobikwik Systems, AWL Agri-business, Marico, and IEX are some of the top stocks to watch today

Stocks to Watch Today, July 3: DMart, Nykaa, PNB, Vedanta, Enviro Infra

Stocks to Watch Today, Thursday, July 3, 2025: PNB, Indian Bank, PVR, Tata Power, Motilal Oswal, Hindustan Zinc, Escorts Kubota, Voltas, and Max Financials are some of the top stocks to watch today

Stocks to Watch Today, July 2: HDB Financial, Asian Paints, Maruti, V-Mart

Stocks to Watch Today, July 2, 2025: Lupin, Hero Moto, CLN Energy, Master Trust, SBI Card, Paras Defence, MOIL, NMDC are some of the top stocks to watch today

Stocks to Watch Today, July 1: Auto, Ashok Leyland, Ireda, Vodafone, BEL

Stocks to Watch Today, July 1: Auto, Kalpataru, Globe Civil Projects, Ellenbarrie Industrial Gases, Bharat Forge, KSB, Apollo Hospitals, Federal Bank, CG Power are some of the top stocks to watch

Motilal Oswal Mid Cap Fund: Spots moats before the drawbridge comes up

Early moves in resilient midcaps turn into long-haul winners

Equity MF assets cross ₹40 trillion mark for the first time, shows data

Steady SIPs braved last year's fall - and cashed in when the market turned

Street Signs: VMM, Sai Life in focus; IPO market flickers back to life

Shares of fashion retailer Vishal Mega Mart (VMM) may draw attention this week as the lock-up period for over half its equity

Stocks to Watch Today, June 13: OMCs, IndiGo, Genus Power, Dixon, Autos

Stocks to Watch Today, June 13, 2025: Oil-linked stocks, auto stocks, Jubilant Pharmova, DCM Shriram, Udiapur Cement Works, Canara Bank, and Torrent Power are some of the top stocks to watch today

Stocks to Watch Today, June 12: HDFC Bank, Nazara, IEX, MCX, Hind Copper

Stocks to Watch Today, June 12: OMCs, Kellton Tech, Sterlite Technologies, NTPC, City Union Bank, SEPC, Zydus Life, and Tanla Platforms are some of the top stocks to watch today

Stock Market close highlights: Sensex jumps 256 pts, Nifty tops 25,100; Bank, IT stocks lead gains

Sensex Today | Stock Market close highlights, June 9: The Nifty Midcap100 and Nifty Smallcap100 indices settled with gains of 1.13 per cent and 1.57 per cent, respectively.