Page 516 - Markets

Markets regulator Sebi mulls overhauling preferential allotment rules

Sebi proposed relaxing pricing norms and lock-in requirements

Top headlines: RBI mum on corporates in banks; Niti releases poverty index

Business Standard brings you the top stories on Friday

Bitcoin tumbles nearly 8% as new coronavirus variant shakes markets

Smaller coins, which tend to move in tandem with bitcoin, also fell

New Covid variant spooks markets; Sensex ends 1,688-pts lower at 57,107

The stocks witnessed their biggest intra-day fall since April 12, 2021, and also their biggest weekly fall since January 29, 2021

This textile stock has gained 138% in 2 mths; up 1,786% from March 20 lows

Trident is vertically integrated textile (yarn, bath & bed linen) and paper (wheat straw-based) manufacturer

Escorts announces open offer schedule; shares zoom 3%, hit new high

The stock hit a new high of Rs 1,874, and has appreciated 15% in the past six trading days

Markets stage a comeback as RIL rebounds; ITC, Infosys, Tech Mahindra rise

Reversing the previous session's losses, the 30-share index ended 454.10 points or 0.78 per cent higher at 58,795.09

Siemens Q4 earnings damp squib, but strong revenue expected

Rising commodity and logistics costs impacted margins in Sept qtr and remain an overhang

Firms widen IPO price bands; change triggered by Sebi discussion paper

Investment bankers said the price bands became narrower as price discovery happened during roadshows for institutional investors

Sector allocations for a correction-proof portfolio

As benchmark indices declined four per cent over the past one month, Devang Mehta of Centrum Wealth and Varun Lohchab of HDFC Securities decode investment strategies to ride the on-going correction

Banning cryptocurrencies could lead to more unlawful usage: Industry body

BACC's statement comes days after the government listed for introduction in Parliament a bill to ban all private cryptocurrencies, with some exceptions

Shri Bajrang Power & Ispat to nearly halve debt from Rs 700-cr IPO

Raipur-based integrated steel manufacturer Shri Bajrang Power & Ispat plans to pay back around Rs 400 crore of its long-term debt from the proceeds of its forthcoming Rs 700-crore initial share sale. The company, among the top 10 in terms of installed capacity for iron ore pellets, iron ore beneficiation and sponge iron, has a little over Rs 840 crore of debt, of which nearly half is long-term debt which it plans to repay with the IPO money. After the repayment, the fully family-owned company will be left with around Rs 500 crore of debt, Anand Goel, one of the promoters and the executive director of the company, told PTI. The company is undertaking a Rs 217-crore brownfield expansion which will expand its capacity for sponge iron, steel melting, rolling mill, ferro alloys and captive power. The project is expected to be completed by early January next, said Sandeep Goel, one of the promoters and the chief financial officer, adding the entire capital expenditure was through ...

Sensex gains 454pts, Nifty reclaims 17,500; RIL up 6%, ITC, Infy end firm

Latent View Analytics was locked at the 20 per cent upper circuit for the second straight day. The stock has now zoomed 257 per cent from its issue price in just three trading sessions

Asian tech stocks gain while dollar rises amid Fed rate hike expectations

Japan's Nikkei rose 0.8%, helped by gains in tech stocks such as Sony

Bajaj Auto's m-cap falls below Rs 1-trn as shares hit lowest level in 2021

In the past one month, Bajaj Auto has underperformed the market by falling 10 per cent due to weak demand environment

Govt 'plans tax changes' to help Indian bonds be included in global indexes

Finance Minister Nirmala Sitharaman will propose to exempt Euroclear settlements from tax, says report.

Indices back in red after one-day hiatus, succumbs to a last-hour sell-off

The NSE Nifty fell 88.30 points or 0.5 per cent to end at 17,415.05.

Paytm shares jump nearly 10% after a 37% fall in two trading sessions

The shares are now down 31 per cent over its initial public offering (IPO) price of Rs 2,150

Securitization collections improve to 79% in September: Report

The performance of securitization transactions has witnessed a continued improvement with the increase in September collections and a drop in delinquencies percentage across asset classes, it said

Sebi chief asks investors not to invest on basis of market rumours

Sebi has been performing the role of an educator by conducting various types of financial education: Sebi Chairman Tyagi