Page 9 - Market News

Fintech major Pine Labs IPO subscribed 2.5 times amid weak market sentiment

Pine Labs' ₹3,900-crore IPO saw 2.5 times subscription, driven by institutional investors, while the retail and HNI portions saw subdued demand amid valuation concerns

Govt bond yields decline on hopes of RBI's support through bond purchases

Government bond yields dropped as traders anticipated Reserve Bank of India support through open market purchases, with expectations of an OMO calendar announcement boosting sentiment

Fresh coat of confidence for legacy paintmakers as stocks rebound

Birla Opus' early gloss fades, giving seasoned players room to repaint the market as disruption fears dry out and demand colours back in

Gold to remain in corrective phase ahead of crucial US, China macro data

Gold prices are expected to remain in a corrective phase in the coming week ahead of the crucial US inflation data, continuing uncertainties over trade tariffs and key economic numbers from China, analysts said. Traders will also closely watch comments from US Federal Reserve officials for clarity on the monetary policy outlook, which is likely to steer the near-term direction for bullion prices, they added. "Gold prices are expected to see some consolidation or more correction as focus will be on the inflation numbers, US Supreme Court hearing on tariffs, speeches from Fed officials, and Chinese data," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. He said that although gold prices ended the week slightly lower, the metal is largely stuck in a range, capped on the upside by a stronger dollar and sluggish physical demand as retail buyers stayed away on the sidelines in anticipation of further price correction. However, Mer noted ..

Sebi reaches out to social media to check fraudulent investment activities

Market regulator Sebi on Thursday said it has reached out to leading social media and internet search platforms, urging them to implement stronger measures to curb the misuse of their networks for fraudulent investment-related activities. In a statement, the Securities and Exchange Board of India (Sebi) said it has intensified its efforts to combat online investment scams and "formally communicated" with major social media platforms and internet search engines regarding it. This initiative aligns with the global call to action by the International Organization of Securities Commissions (IOSCO). In its statement on May 21, 2025, IOSCO highlighted the critical role of platform providers in combating online harm and urged them to enhance efforts to reduce the risk of financial harm to investors. Sebi has expressed its support for the recommendations made by IOSCO and has urged major online platforms to act swiftly to address the growing challenges of investor fraud. The regulator has

Sebi expands IPO anchor book to 40% to boost institutional participation

Markets regulator Sebi has amended rules revamping the share-allocation framework for anchor investors in maiden public offerings, a move aimed at broadening the participation of domestic institutional investors such as mutual funds, insurance companies, and pension funds. Under this, the regulator has increased total reservation in the anchor portion to 40 per cent from 33 per cent earlier. This comprises 33 per cent for mutual funds and the remaining 7 per cent for insurers and pension funds. If the 7 per cent reserved for insurers and pension funds remains unsubscribed, it will be reallocated to mutual funds, the Securities and Exchange Board of India (Sebi) said in a notification dated October 31. Additionally, the regulator has increased the number of anchor investors allowed for IPOs with an anchor portion above Rs 250 crore, by raising the existing limit from 10 to 15 per Rs 250 crore. "Thus, a minimum of 5 and a maximum of 15 investors shall be allowed for allocations up to

Gold rises over 1% on safe-haven demand despite strong US payrolls

Spot gold was up 1.2% at $3,977.94 per ounce by 10:57 am ET (1557 GMT). US gold futures for December delivery rose 0.7% to $3,989.80 per ounce

Improving credit growth trajectory, steady margins positive for SBI

SBI's strong credit growth, stable NIMs, and improved asset quality drive optimism as analysts raise earnings and price targets for H2 FY26

Sensex can hit 100,000 by June 2026; market correction over: Morgan Stanley

The Indian stock market, Morgan Stanley believes, is transitioning into one that will be driven by macros and stock-picking will likely lose importance

Gurpurab 2025: Stock markets to remain closed for trading today

Stock market is closed today, Nov 5, 2025, for Guru Nanak Jayanti (Gurpurab 2025 holiday). NSE, BSE shut; MCX to open in evening. Check next market holiday and trading schedule

NSE sets aside ₹1,300 crore to settle Sebi cases ahead of long-awaited IPO

NSE, the world's most active derivatives exchange, has been embroiled in litigation with the Securities and Exchange Board of India since 2019

Stock market holiday in Nov: Will NSE, BSE remain open on Gurupurab 2025?

Market holiday in November 2025: Both the National Stock Exchange (NSE) and the ) will remain shut on Wednesday, 5 November 2025, in observance of the Gurpurab

Leaner Bank Nifty on Sebi's new menu: A big-bank diet feeds a $1.5 bn churn

Sebi's weight-watching exercise caps HDFC and ICICI at 20%; smaller lenders get a larger slice

Gold falls for second week as strong dollar, Fed stance hit sentiment

Gold prices extended their decline for the second consecutive week as improved global risk appetite, a strong dollar, and the US Federal Reserve's cautious tone of further rate cuts have dampened the demand for safe-haven asset. On the Multi Commodity Exchange (MCX), gold futures for December delivery plunged Rs 2,219, or 1.8 per cent, over the past week. During the past week, the yellow metal hit an intra-day low of Rs 1,17,628 per 10 grams on October 28. GOLD's CORRECTION DEEPENS AS DOLLAR STRENGTHENS, TENSIONS EASE Both global and domestic markets saw a sharp correction early in the week, breaking a nine-week rally amid easing geopolitical tensions, stronger US dollar, and profit-booking by investors have pushed gold prices lower. "Heavy profit-booking pushed global gold down from recent highs to test the USD 4,000 an ounce level. Domestic gold mirrored this, falling below Rs 1,19,000 per 10 grams before stabilising and recovering modestly in the latter half of the week," Sneha

Shadowfax seeks ₹2,000 crore in IPO as India's e-commerce deliveries surge

The Flipkart-backed logistics firm will use proceeds to expand infrastructure and branding after processing over 436 million orders in FY25

Sebi likely to fine MCX over four-hour trading halt outage: Report

SEBI is concerned about the delay in identifying the cause for the trading halt and could direct MCX to improve its system capacity, the sources said

Markets flinch on Powell's hint of rate restraint, trade truce doubts

Fed's cautious tone and renewed trade concerns triggered profit booking, pulling Sensex and Nifty down even as indices stayed near record highs

Sebi permits IAs to offer paid second opinion to client on assets

The move is aimed at making business easier for IAs and giving investors more flexibility to seek professional opinions

Sebi sets timelines for derivatives rollout on Bankex, BankNifty, FinNifty

Markets regulator Sebi on Thursday came out with guidelines for stock exchanges to implement eligibility criteria for derivatives on non-benchmark indices such as Bankex, FinNifty and BankNifty. In its circular, Sebi said stock exchanges must adjust the composition and weights of existing non-benchmark indices. For Bankex and FinNifty, the changes must be made in a single phase by December 31, 2025, while for BankNifty, adjustments will be done in four monthly phases and completed by March 31, 2026 to ensure an orderly rebalancing of index-tracking funds, it added. The move is aimed at boosting market efficiency, enhance representation of the banking and financial sectors and give more diverse trading and investment opportunities. According to the circular, exchanges are required to comply with the prudential norms specified in Sebi's directive. Sebi said non-benchmark indices must follow certain rules to qualify for derivatives trading. These include having at least 14 constituen

Sebi extends timeline for QSBs to implement optional T+0 settlement cycle

Capital markets regulator Sebi on Thursday decided to extend the timeline for Qualified Stock Brokers (QSBs) for putting in place the necessary systems for implementation of optional T+0 settlement cycle. Further guidance with regard to the same would be intimated at a later date, the Securities and Exchange Board of India (Sebi) said in its circular. This came after Sebi considered the challenges highlighted by QSBs in ensuring timely readiness of systems by November 1 and had requested to extend the same for ensuring smooth implementation. In April, Sebi had extended the timeline for implementation of the optional T+0 rolling settlement cycle for QSBs to November 1. Before this, the deadline was May 1. "Considering the challenges highlighted by QSBs in ensuring timely readiness of systems on or before November 1, 2025 and request to extend the same for ensuring smooth implementation, it has been decided to extend the timeline for QSBs for putting in place the necessary systems an