Page 12 - Shares

Sensex rallies 367 pts, ends above 60K; Nifty holds 17,900; financials gain

Large part of today's rally was propelled by financial and banking counters, with 7 of the top 10 index contributors belonging to the space.

Sensex, Nifty end flat; NTPC, IT shares shine; Reliance, Tata Steel slip

The broader indices ended on a mixed note; among sectors, the IT index was up a per cent, while the energy, oil & gas and metal indices declined over a per cent each

HP Adhesives makes strong market debut; closes with 22% gains

After listing, the company has a market capitalisation of Rs 615.47 crore

Promoter Westglobe exits company; sells 4.43 crore Vedanta shares

Westglobe held 1.19 percent stake in Vedanta which upon selling entirely to Vedanta Holdings Mauritius, takes the latter's holding to 4.08 percent from 2.89 percent as on 30 September, 2021

Tencent Holdings to hand out $16 bn of JD.com shares as dividend

Tencent's handout may buy goodwill with the government, which has pushed for the dismantling of barriers and for tech firms to share the wealth

Equity MFs mop up Rs 46,700 crore through new fund offers in 2021

Highest in 10 years, with 13 of 70 equity schemes cornering 75% of amount raised

SEC floats stronger insider trading rules as executive stock sales surge

Chairman Gary Gensler cites the 'dash for cash' among investors at start of the pandemic

Anand Rathi Wealth gains 6% on debut, ends at Rs 583.5 vs Rs 550 IPO price

At the closing price, the company was valued at Rs 2,428 crore

World shares mixed as markets await word from Fed meeting

Shares opened higher in Europe on Tuesday after Asian shares followed Wall Street lower as investors awaited fresh US inflation data and the outcome of a meeting of the Federal Reserve. Benchmarks advanced in Paris, London and Frankfurt, but fell in Hong Kong, Shanghai and Tokyo. The Labor Department's Producer Price Index for November is due out Tuesday. That shows how inflation is impacting costs for businesses and is important given the Fed meeting on Tuesday and Wednesday. The US central bank could announce plans to accelerate its timetable for reducing bond purchases aimed at keeping long-term interest rates low. Markets have kept their cool despite warnings that the omicron coronavirus variant is spreading rapidly in Britain and some other regions. In London, the FTSE 100 gained 0.6% to 7,274.71, while Germany's DAX added 0.4% to 15,678.78. In Paris, the CAC 40 climbed 0.5% to 6,979.16. U.S. futures also rose, with the contract for the S&P 500 and the Dow industrials up ...

Greenlam shares gain after board approves 5-for-1 stock split

Separately, the company informed that the board of its wholly-owned subsidiary Greenlam South has approved setting up a greenfield project for manufacturing of Particle Board at Nellore

Exchange date of American Depositary Shares extended till Jan 10: Vedanta

Holders of American Depositary Shares (ADS) can now surrender their ADSs at any time on or prior to January 10, 2022, Vedanta said.

Hinduja arm NXTDigital's shares up around 40% in 2 trading sessions

When benchmark Indian indices were on a downward trend due to Omicron concern-led weak broader market sentiment, shares of NXTDIGITAL have risen around 40 per cent in the past two trading sessions.

Revenues of Indian public tech firms grew 4.5% QoQ, 17.8% annually: Nasscom

Digital and cloud the key drivers, with the share

Vedanta promoters buy 138.6 mn shares in Vedanta Ltd at Rs 349.7 per share

The promoters had put an offer for 170 million shares

Latent View jump 2.5x on debut, ends at Rs 489 versus offer price of Rs 197

The stock hit a high of Rs 549 and a low of Rs 462. Market players said at higher levels HNIs rushed to book profits to recover their investment cost

Aramco deal collapse hits RIL shares, market cap loss at Rs 72,000 cr

Analysts said market was factoring in a full $75 bn valuation for O2C segment. Irrespective of the refining and petrochem cycle, the key catalyst for the market was Aramco deal closure

Fino Payments shares drop 11% intraday on debut, before ending 6% down

Weak debut follows modest response to the firm's share sale. Its Rs 1,200-cr IPO was subscribed just two times

UBS Principal Capital Asia sells InterGlobe Aviation shares worth Rs 900 cr

UBS Principal Capital Asia Ltd on Friday sold shares of InterGlobe Aviation Ltd worth over Rs 900 crore, through open market transaction.

Labware company Tarsons Products' Rs 1,024-crore IPO to open Monday

The price band is Rs 635-662, firm will raise Rs 150 cr in fresh capital, OFS component is worth Rs 874 crore.

Airbnb results beat estimates as company weathers Delta crisis

The companies revenue grew 67 per cent to $2.2 billion in the third quarter, Airbnb said