Page 17 - Markets News

G-sec yield surge hurts long-debt mutual funds, opportunity in sight

However, long duration bonds, MFs now attractive for investors, say experts

Jane Street files appeal in SAT, says Sebi probe 'biased, pre-determined'

Jane Street has appealed to the Securities Appellate Tribunal against Sebi's July 3 order, alleging denial of crucial documents and bias in the Nifty Bank manipulation probe

US court ruling on Donald Trump's tariffs fuels market uncertainty

Wall Street's main indexes fell about 1% on Tuesday, while longer-dated U.S. Treasury yields jumped, amid a global bonds selloff on fiscal worries

Sugs Lloyd IPO receives 3.23 times subscription on final day of offer

The initial share sale of integrated EPC player Sugs Lloyd received 3.23 times subscription on the final day of the offer on Tuesday amid encouraging participation from institutional investors. The initial share sale received bids worth over Rs 246.74 crore, the company said in a statement. The quota for non-institutional investors received 5.30 times the subscription, while the portion for the individual investors category was subscribed 2.12 times. The qualified institutional buyer segment fetched 2.03 times subscription, bringing the overall subscription to 3.23 times on the final day of bidding. The price band of the issue was fixed at Rs 117-123 per share. The initial public offering (IPO) is entirely a fresh issue of up to 69.64 lakh equity shares with a face value of Rs 10 each. Sugs Lloyd intends to utilise Rs 64 crore of the total IPO proceeds towards working capital requirements to support its business expansion, and the remaining capital will be used for general corpora

RIL's growth plans, Jio listing can lead to re-rating of its stock

RIL targets retail revenue growth of over 20 per cent CAGR for three years and has ambitions of becoming India's biggest FMCG player

Binny Bansal-backed Winspark eyes IPO after two years of profitability

Winspark, parent of PlanetSpark, expects to be profitable in FY26 and plans an IPO after achieving two straight profitable years and ₹800 crore in revenue

Anlon Healthcare IPO booked 7.12 times offer size on closing day

The initial public offer of Anlon Healthcare Ltd got subscribed 7.12 times on the closing day of share sale on Friday. The Rs 121-crore IPO received bids for 9,47,39,520 shares against 1,33,00,000 shares on offer, according to NSE data. The category for Retail Individual Investors (RIIs) fetched 47.29 times subscription, while the quota for non-institutional investors got subscribed 10.61 times. Qualified Institutional Buyers (QIBs) part received 1.07 times subscription. The initial public offer (IPO) has a fresh issue of up to 1.33 crore shares. The price range for the offer is fixed at Rs 86-91 per share. Interactive Financial Services Ltd is the book-running lead manager to the offer.

Tariffs cast long shadow on equities, Sensex slips to three-week low

With markets closed on Wednesday for Ganesh Chaturthi, the reaction came in Thursday's session

Distributors voice concerns with NSE's updated mutual fund platform

MF distributors flag concerns over client mapping and data security in NSE's upgraded platform, but the exchange says extensive testing was done and transactions remain seamless

Specialised investment funds rollout nears as AMCs secure Sebi approvals

Distribution capabilities, now limited, will gain strength over time, say MF officials

Muted industry volume outlook may cap further gains for Ashok Leyland

Ashok Leyland stock gained after Q1 results on stronger margins and GST cut hopes, but muted commercial vehicle demand and cyclicality may limit upside

Shree Refrigerations shares rally 19% on securing ₹106 crore order

Shree Refrigerations shares rose 19 per cent after it won an order from Hindustan Shipyard for five Fleet Support Ships supply.

Sebi extends deadline till December for Karvy investors to file claims

Markets regulator Sebi on Thursday extended the deadline till December for investors of defaulted broker Karvy Stock Broking Ltd (KSBL) to file their claims. KSBL was declared a defaulter by the National Stock Exchange (NSE) on November 23, 2020. Following this, investors were invited to submit claims against the broker, with the final date for submission set as June 2, 2025. Now, the regulator has "decided to extend the deadline till December 31, 2025". Investors have been suggested to take note of the deadline and are urged to file their claims before the deadline, if not lodged already, Sebi said in its statement. For assistance, investors can reach out to NSE by calling its toll-free number 1800 266 0050 or by e-mailing at defaultisc@nse.co.in, it added. In April 2023, Sebi barred KSBL and its CMD C Parthasarathy from the securities market for seven years and also imposed a penalty of Rs 21 crore on them for misappropriating clients' funds by misusing the Power of Attorney gi

Gem Aromatics ₹451 cr IPO fully subscribed on first day of bidding

The initial share sale of Gem Aromatics Ltd, a manufacturer of speciality ingredients, got fully subscribed on day one of bidding on Tuesday. The initial public offering (IPO) received bids for 1,00,64,616 shares against 97,82,363 shares on offer, translating into 1.03 times subscription, as per NSE data. Retail Individual Investors (RIIs) part received 1.08 times subscription while the category for Qualified Institutional Buyers (QIBs) got subscribed 1.05 times. Non-institutional investors category received 88 per cent subscription. Gem Aromatics on Monday mobilised over Rs 135 crore from anchor investors. The Rs 451-crore IPO will conclude on August 21. The price band has been set at Rs 309 to Rs 325 per share. The IPO is a mix of fresh issue of equity shares worth up to Rs 175 crore and an offer for sale (OFS) of up to 85 lakh shares valued at Rs 276.25 crore. Proceeds from the fresh issue will be used by Gem Aromatics for debt repayment and general corporate purposes. Gem ..

Street signs: Nifty's Rubicon of resistance, audit panel's empty seat, more

Market activity is set to pick up after the Independence Day weekend with five initial public offerings (IPOs) this week, collectively raising nearly ₹3,600 crore

Midcap carousel readies for September reshuffle spin in Nifty 150

Fresh entrants like Swiggy and Dabur step in as others exit, setting ₹1,800 crore in trades in motion

Of winners and walkaways: Insurers roll the dice on SBI, Eternal, and One97

Front-runners lock in ₹2,000 crore while weaker holdings fold early

Gold scales new peak; existing investors should book partial profits

New ones should stagger purchases to avoid timing risk

Sebi launches investor awareness campaign on AIR to prohibit fraud

Markets regulator Sebi on Thursday announced the launch of an investors' awareness campaign on All India Radio (AIR) specifically on frauds related to the securities market taking place through social media platforms. Also, Sebi in collaboration with the Ministry of Panchayati Raj has launched a nationwide training initiative for block-level panchayat representatives to promote financial literacy and investor education at grassroots level. In a statement, the regulator said the aim of the awareness campaign is to "caution investors to protect themselves from fraudsters, to curb fraudulent activities taking place on social media platforms, and to protect the interest of investors". To launch this campaign, the first session by Sebi Chairman Tuhin Kanta Pandey would be aired on August 15 on All India Radio channels, which has PAN India reach. The move comes in the backdrop of Sebi observing that a lot of investors losing money through stock trading fraud on various social media ...

Jio BlackRock debut powers record July inflows in mutual fund NFOs

Debt schemes and new launches push July NFO collections to an all-time high