Page 398 - Markets

Sebi lists new norms for high-risk FPIs: What it means for investments

Who is impacted; do the new rules better protect Indian companies from opportunistic takeover: questions answered

Mankind Pharma scales new high; rallies 11% in 3 days post Q4 earnings beat

Currently, the stock was quoting 40 per cent higher over its issue price of Rs 1,080.

Markets extend losses for 2nd day in volatile trade; Sensex dips 193.70 pts

The NSE Nifty fell 46.65 points or 0.25 per cent to finish at 18,487.75

Decision to get listed to be taken by shareholders: Future Generali MD

Future Generali India Insurance has been profitable since 2014 but the decision to list the company on exchanges would be taken by shareholders, managing director Anup Rau said on Thursday. Future Generali India Insurance Company Limited is a joint venture between the Generali Group with a majority 74 per cent stake, and remaining with the Future Group. India continues to be most attractive market for insurance players and premium for general insurance segment is expected to grow at 20 per cent in the next few years, he said. Meanwhile, private general insurer announced the launch of its new health insurance product DIY Health which offers flexibility and freedom to choose the coverage as per the customers' needs. This comprehensive product celebrates the power of choice, offering a base plan with 17 base features, complemented with a wide array of 20 modular features. This modular health insurance product would enable customers to not only choose the most relevant features as p

Sebi to auction properties of 7 cos on Jun 28 to recover investors' money

Markets regulator Sebi on Thursday said it will auction 17 properties belonging to seven business groups including MPS Group, Tower Infotech, and Vibgyor Group on June 28, with a total reserve price of Rs 51 crore, in a bid to recover investors' money. Apart from these, the regulator has put on block properties of Prayag Group, Multipurpose BIOS India Group, Waris Finance International Group and Pailan Group of companies, the Securities and Exchange Board of India (Sebi) said in a notice. The 17 properties being auctioned include land parcels, storied buildings, flats, and a commercial space situated across West Bengal. Inviting bids, Sebi said auction of the properties will be conducted through online mode between 11 am and 1 pm. Further, total reserve price has been pegged at Rs 51 crore for the assets and Quikr Realty has been engaged by Sebi to assist in the sale of these properties. Of the total properties to be auctioned, five belong to MPS Group, four relate to Vibgyor, thre

Sensex ends 194 pts lower owing to late selling; Broader indices outperform

CLOSING BELL ON JUNE 01, 2023: The NSE Nifty 50 settled with a loss of 47 points below the 18,500-mark. Overall market breadth was fairly positive.

Centum Electronics hits new high; zooms 48% in 4 days on strong Q4 results

As on March 31, 2023, Centum had a strong order book position of Rs 1,538 crore as compared to Rs 1,090 crore at the end of the previous financial year 2021-22

Coal India slips 5% as government begins partial stake sale via OFS

The floor price for the stake sale has been set at Rs 225 a share, which represents a discount of around 7 per cent from the closing price of Rs 241.2 on Wednesday

Sebi cancels registration certificate of Karvy Ltd; firm to still pay dues

Sebi had banned the Karvy and its promoters from the market for seven years through its order in April this year

Sensex slips 347 pts on profit-taking, Nifty holds 18,500; RIL, SBI dip 2%

Stock market live updates: At 7:15, the SGX Nifty futures were down around 30 points at 18,680

Jindal Saw soars 9%, hits new high in a weak market on healthy biz outlook

In the past two weeks, the stock has surged 31% after the company reported strong Q4 earnings with consolidated net profit more-than-doubling to Rs 294 crore

Eureka Forbes zooms 29% in 2 days as profit nearly doubles in Q4FY23

Going forward, the management is confident of driving sustained performance on the back of differentiated innovations, an elevated customer experience, and a more efficient business mode

Sebi levies penalty of Rs 40 lakh on 8 entities for non-genuine trades

Capital markets regulator Sebi on Tuesday levied fines totalling Rs 40 lakh on eight entities for indulging in non-genuine trades in the illiquid stock options segment on BSE. The regulator slapped a fine of Rs 5 lakh each on Sunbright Commodities Trade, Sunita Gupta, Ecospace Distributors, Fendra Infrastructure, Fastglow Distributors, Fort Gloster Industries, Flute Developers and Franklin Leasing and Finance Ltd. The Securities and Exchange Board of India (Sebi) had observed large-scale reversal trades in the illiquid stock options segment on BSE, leading to artificial volumes on the exchange. The regulator conducted an investigation into the trading activities of certain entities engaged in the segment from April 2014 to September 2015. According to Sebi, these eight entities that have been fined on Tuesday were among those who indulged in the execution of reversal trades. The reversal trades are alleged to be non-genuine in nature as they are executed in the normal course of ..

Sensex extends rally to 4th day, ends 123 pts higher; ITC, IT stocks shine

CLOSING BELL ON MAY 30, 2023: The NSE Nifty 50 gained 35 points at 18,634; while the Bank Nifty hit a fresh all-time high at 44,499.

Repco Home Finance surges 25% in 2 days post solid Q4 results

Repco delivered a healthy turnaround in operating performance under the new MD & CEO in FY23 after a subdued FY22

ITC trades ex-date for dividend; stock gains over 2% in subdued market

Thus far in the calendar year 2023, ITC has outperformed the market by surging 35 per cent, as compared to 2.8 per cent rise in the S&P BSE Sensex

TMS Ep443: IPL revenue, data misuse, markets, Neuralink

Is the IPL India's Superbowl? Who protects the data you share while shopping? Do EMs stand to gain with a higher US debt ceiling? What is Neuralink? Answers here

Force Motors freezes at 20% upper circuit, hits 52-week high on robust Q4

Force Motors posted consolidated net profit of Rs 146.62 crore against loss of Rs 42.77 crore in the year ago quarter

Jubilant Pharmova slips 11% on USFDA observation, weak Q4 results

The United States Food and Drug Administration (US FDA) has classified its inspection of the company's Montreal Canada contract manufacturing (CMO) facility as Official Action Indicated (OAI)

Promoter of Gravita India sells 4.6% stake for Rs 181 cr through open mkt

A promoter of Gravita India on Monday divested a 4.6 per cent stake through an open market transaction for Rs 181 crore. Rajat Agrawal (promoter) of Gravita India offloaded the shares. According to the block deal data available with the National Stock Exchange (NSE), Rajat Agrawal sold 32 lakh shares, amounting to a 4.6 per cent stake in Gravita India. The shares were disposed of at an average price of Rs 565 apiece, taking the transaction value to Rs 180.80 crore. The shares were picked up by affiliates of financial company Nomura Holdings. On Monday, shares of Gravita India rose 1.45 per cent to close at Rs 578.90 per piece on the NSE. During the day, the scrip hit a 52-week high of Rs 601 apiece.