Page 517 - Markets

Bank-owned brokerages to show up to 20% profit growth in FY22: Icra

Surge in trading volumes to drive better show; huge competition from discount brokerages a challenge; capital market linked loan book shows 100% CAGR

Zomato, Sona BLW, Lodha's Macrotech may make it into FTSE index

As per IIFL Alternative Research estimates, Zomato will see inflows of $65 million, Sona $23 million and Lodha $19 million

Lodha launches Rs 4,000-cr QIP, fund raise will lead to 7.5% dilution

Close to 34 million new shares will be issued; BofA Securities, JP Morgan and Kotak Mahindra Capital are the investment banks handling the share sale

Near-term volume, margin headwinds for Motherson Sumi

Supply disruptions have led to downward revision of earnings estimates for FY22

Policybazaar gains 23% on debut; Sigachi soars 3.7x

At the last closing price, Policybazaar parent PB Fintech was valued at Rs 54,000 crore. The company has raised Rs 3,750 crore in fresh capital in its IPO

Sensex, Nifty end on a flat note; ITC gains 2%, Tata Steel slips 3%

Debutants exhibited mixed outing on Day 1. PB Fintech was up 4.4 per cent, Sigachi Industries zoomed 270.5 per cent, while SJS Enterprises ended at a 5 per cent discount to issue price

Granules India, IOL Chemicals hit 52-week lows on weak Q2 results

IOL Chemicals slipped 10% to Rs 487, while Granules was down 8% to 285.80 on the BSE in intra-day trade

Aurum PropTech freezes at 20% upper circuit; stock up 70% thus far in Nov

Shares of Aurum PropTech, formerly known as Majesco, were locked in 20 per cent upper circuit at Rs 146.40

Globus Spirits freezes at 5% lower circuit post September quarter results

The company reported lower capacity utilisation sequentially at 90% in Q2 on account of unplanned shutdown at Bihar facility

SJS Enterprises makes a weak debut; falls 5% below issue price post listing

The stock listed at Rs 540, a 0.37 per cent discount over its issue price of Rs 542 per share, on the BSE

Paytm share allocation at Rs 2,150 apiece likely on Tue after SEBI approval

Paytm is likely to allocate shares at the upper price band of Rs 2,150 apiece on November 16 after SEBI's approval that is expected to come on Monday

Global trends to guide markets in holiday-shortened week ahead: Analysts

Stock markets will focus on global trends for further direction in this holiday-shortened week as the earnings season is largely over, analysts said.

'Ads should not mislead youth': PM Modi chairs meeting on cryptocurrencies

The meeting was an outcome of a consultative process between the RBI, finance ministry, and the home ministry

Sensex vaults 767pts, Nifty ends above 18,100; IT, financial stocks shine

In the primary market, Latent View Analytics IPO witnessed frenzied demand, and was subscribed over 305 times with strong demand from non-institutional investors

Minda Industries surges 10%, hits record high on strong Q2 performance

With the demand uptick in key markets, and expected easing off of the Covid-19 and semi-conductor situation globally, the company is confident that the uptrend in growth trajectory will resume

Paytm fixes offer price of Rs 2,150 apiece for its initial share-sale

The shares of Paytm are expected to list on bourses on November 18

Sensex ends below 60k, slips 433pts, Nifty gives up 17,900; SBI falls 3%

Among sectoral indices, the BSE Realty index plunged 2.5 per cent. The Bankex, Healthcare and Telecom indices were down over a per cent each

Capital goods index hits new peak in weak market; L&T, Timken at new highs

Thermax rallied 12 per cent to Rs 1,503 after it reported 183 per cent year-on-year jump in its consolidated profit after tax

Vodafone Idea Q2: ARPU may rise QoQ amid subscriber churn, say analysts

Vodafone Idea Q2 preview: The stock of Vi has rallied 25 per cent over the past 6 months, marginally outperforming the BSE Sensex index, which gained 22 per cent during the period

Alembic Pharma dips 5% on disappointing September quarter results

Alembic Pharma said that the USFDA recently inspected the company's injectable facility (F-3) site and issued Form 483 with 10 observations