Page 14 - Markets
Stock Market Close: Sensex gains 333 pts, Nifty settles at 23,218; Nifty FMCG rises nearly 2%
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.01 per cent and 0.18 per cent, respectively
 "Stock Market Close: Sensex gains 333 pts, Nifty settles at 23,218; Nifty FMCG rises nearly 2%")
Gold outlook hinges on Fed signals; metal could test $4,200: Kotak Sec
In August, Treasury more than doubled its bond repurchase operations from $2 billion to at least $4 billion per operation
 "Gold outlook hinges on Fed signals; metal could test $4,200: Kotak Sec")
Paytm, Pine Labs: Jefferies, Goldman decode MDR impact on UPI payments
Jefferies said that MDR on UPI comes ahead of estimates and is "higher than expectations" of 25bps, while Emkay Global believes that this development lifts the revenue pool for the industry.
 "Paytm, Pine Labs: Jefferies, Goldman decode MDR impact on UPI payments")
IPO GMP check: LCC leads, Manipal Payment lags as 6 offers gear up to list
Among the six IPOs listing on Thursday, LCC Projects has the highest GMP at ₹46.
 "IPO GMP check: LCC leads, Manipal Payment lags as 6 offers gear up to list")
NSE IPO: Is India's top exchange a must have in portfolio? Analysts answer
NSE IPO will open for bidding on September 17 and close on September 21, looking to raise ₹22,562 crore.
 "NSE IPO: Is India's top exchange a must have in portfolio? Analysts answer")
Pranav Constructions stock tanks 37% in 2 days, slips below issue price
Pranav Constructions' share price plunged 20% to ₹104.15 on the BSE in Wednesday's intraday deals, falling below its issue price of ₹124 per share.
 "Pranav Constructions stock tanks 37% in 2 days, slips below issue price")
ITC leads as Nifty FMCG gains 2%; festive season puts sector in focus
In the Nifty FMCG basket 13 stocks advanced while only 2 declined. Intraday, the FMCG index was up 1.82 per cent to 45,645.20.
 "ITC leads as Nifty FMCG gains 2%; festive season puts sector in focus")
SS Retail IPO bags mixed views from analysts as valuations bite; GMP at 30%
SS Retail IPO: Brokerages took note of the company's strong positioning in Tier II & Tier III markets along with its sectoral leadership; however, they flagged the steep valuations.
 "SS Retail IPO bags mixed views from analysts as valuations bite; GMP at 30%")
Jindal Supreme IPO: Brokerages largely bullish, see strong growth trend
Master Trust highlighted the company's long operating history, dealer network and exposure to rising domestic and export demand, while Swastika Securities assigned a 'Subscribe' rating.
 "Jindal Supreme IPO: Brokerages largely bullish, see strong growth trend")
Groww shares fall over 4% after block deal; most active stock on NSE
According to Bloomberg data, as many as 100.2 million (10.02 crore) Groww shares changed hands in a block deal.
 "Groww shares fall over 4% after block deal; most active stock on NSE")
Kanohar Electricals shares make positive debut, list at nearly 9% premium
Kanohar Electricals shares made a positive debut on the bourses on Wednesday, listing at a premium of nearly 9 per cent.
 "Kanohar Electricals shares make positive debut, list at nearly 9% premium")
Glass Wall Systems shares debut at 7% premium on NSE, miss expectations
Glass Wall Systems IPO GMP was 21 per cent ahead of the debut, while the stock debuted at just 7 per cent upside over the offer price.
 "Glass Wall Systems shares debut at 7% premium on NSE, miss expectations")
Prasol Chemicals shares make weak debut, list at nearly 10% discount
Prasol Chemicals shares listed 9.62 per cent lower at ₹611 on BSE and 9.76 per cent lower at ₹610 on NSE.
 "Prasol Chemicals shares make weak debut, list at nearly 10% discount")
Hero Motors IPO review: Why are analysts rating it 'Neutral'? GMP at 28%
Hero Motors IPO review: Analysts have assigned a 'Neutral' rating to the Hero Motors IPO despite the company reporting strong profit growth, even as revenue expansion remains modest.
 "Hero Motors IPO review: Why are analysts rating it 'Neutral'? GMP at 28%")
Tata Investment among 3 stocks flashing strong signals on charts: Analyst
Gujarat Pipavav Port, Aegis Vopak Terminals and Tata Investment Corporation are showing bullish technical setups, backed by breakouts, improving momentum and strong participation.
 "Tata Investment among 3 stocks flashing strong signals on charts: Analyst")
Stocks to watch: Paytm, BHEL, Bharat Forge, Tempsens Instruments, Groww
Stocks to watch today: Shares of Kanohar Electricals, Prasol Chemicals and Glass Wall Systems are slated to list on BSE and NSE today.
 "Stocks to watch: Paytm, BHEL, Bharat Forge, Tempsens Instruments, Groww")
Technical view: Nifty's next important support at 22,700, says Vinay Rajani
The next important support is placed near 22,700, marked by an upward-sloping trend line.
 "Technical view: Nifty's next important support at 22,700, says Vinay Rajani")
Nifty support slips to 22,950; Kalyan Jewellers, DLF on analyst radar
Till Nifty 50 holds below 23,200 zones weakness could extend towards 23,050 then 22,950 levels while on the upside hurdles can be seen at 23,350 then 23,450 zones.
 "Nifty support slips to 22,950; Kalyan Jewellers, DLF on analyst radar")
Bears growl on D-St! Sensex tanks 2,900pts in Sept; key reasons explained
Sensex and Nifty have closed higher on just two occasions in September so far. During the month, the Sensex has tumbled more than 2,900 points, or 3.84 per cent.
 "Bears growl on D-St! Sensex tanks 2,900pts in Sept; key reasons explained")
Iran's Hormuz leverage weakens but oil supply risks remain: Mirae Asset
Several shipping tracking companies are reporting improved oil flows from the South side of the Strait of Hormuz, which comes under Omani control.
 "Iran's Hormuz leverage weakens but oil supply risks remain: Mirae Asset")