Page 143 - Stock Market

BSE StAR MF hits new highs, processes 2.65 mn transactions on Nov 8

Leading stock exchange BSE on Tuesday said its mutual fund distribution platform StAR MF has processed a record of 26.52 lakh transactions in a single day on Monday. It surpassed its previous best single-day record of 24.08 lakh transactions registered on September 13, the exchange said in a statement. Snehal Dixit, Business Head-Mutual Funds BSE StAR MF, said that numbers are an indication of growth at every level. It's a good sign as investors are getting educated, doing a variety of transactions like purchase, switch, redemption, on StAR MF platform. "We expect to see investments growing further with increased number of transactions, long-term investment approach and asset allocation across multiple MF schemes. Imparting more knowledge through creating awareness is one of the objectives of StAR MF platform," she added. In October, BSE StAR MF processed a record 1.6 crore transactions worth Rs 42,927 crore. The previous monthly record of 1.52 crore transactions was achieved in ..

Exchanges decide to implement T+1 settlement cycle in phased manner

T+1 means that market trade-related settlements will need to be cleared within one day of the actual transactions taking place

Q2 earnings, macro data to set market trends next week, say analysts

Quarterly earnings from IT majors Infosys, Wipro and HCL Technologies,macroeconomic data and global trends would drive sentiments in equity market in a holiday-shortened week ahead, analysts said.

IPO rush continues; Paytm, 2 other public issues to open next week

This comes after five companies successfully concluded their public offerings (IPOs) this week.

Questions-and-answers site Quora prepares for IPO in early 2022: Report

Quora has in recent days held talks to hire investment bankers and lawyers for a stock market debut in New York, say sources

Sensex falls 109 points on profit booking; Tata Steel down 3%

Benchmark BSE Sensex declined by 109 points on Tuesday due to losses in index major Reliance Industries, Tata Steel and ICICI Bank amid a muted trend in global markets. The 30-share index ended 109.40 points or 0.18 per cent lower at 60,029.06 with 16 of its constituents closing in red. The broader NSE Nifty fell by 40.70 points or 0.23 per cent to 17,888.95 as metal, IT and energy stocks declined. Tata Steel was the top loser in the Sensex pack, shedding around 3 per cent, followed by Tech Mahindra, HCL Tech, IndusInd Bank and Reliance Industries. On the other hand, Maruti, NTPC, Titan, SBI and L&T were among the gainers. Sectorally, BSE metal, energy, basic materials, oil and gas and healthcare indices fell up to 1.93 per cent, while realty, consumer durables and auto index ended with gains. Metal, oil and commodity stocks dragged, fuelled by profit booking while realty, PSU bank and consumer durables made frail attempts at lifting the indices, analysts said. Broader midcap an

India Inc's profit-to-GDP ratio rebounds to highest in a decade

Huge improvement in share to 4% from just 1.6% in FY20, shows study by ICICI Securities

Five IPOs to hit mkt in first half of Nov; seek to raise over Rs 27,000 cr

After a month long gap, the primary market is heading for a busy time, with five firms including Paytm parent and PolicyBazaar parent lining up IPOs in Nov to raise over Rs 27,000 crore collectively

Top headlines: Aryan Khan gets bail; dues to Air India put at Rs 600 crore

IndiGo parent posts wider quarterly loss; Ministries, PSUs owe more than Rs 600 crore to Air India. More on top headlines for this evening

Nykaa raises Rs 2,395.84 cr in anchor book allocation ahead of IPO

The beauty startup's Rs 5,300-crore IPO opens for subscription on Thursday

Buoyant stock market takes India's unique investor base past 50 million

The count is 30% less than the total demat accounts in the country. This is because several investors have multiple demat and trading accounts with more than one broker

Sebi streamlines grievance redressal system, to benefit clients

Sebi has mandated that clients getting favorable orders on their complaint against market operators will be suitably compensated even if process goes into arbitration and appeals

When investors come knocking

As the industry has matured and the gap between the returns has narrowed, public and private markets have begun to overlap

Route Mobile shareholders approve raising Rs 2,000 cr via securities

Enterprise communication service provider Route Mobile has received shareholders approval to raise Rs 2,000 crore through sale of securities, according to the company's regulatory filing.

Market euphoria: Investors' wealth jump over Rs 10.56 trillion in 6 days

Investors added more than Rs 10.56 trillion to their wealth as markets continued their rally for the sixth straight session on Thursday.

Indian shares hit record highs as Tata Motors soars on EV plans

Indian shares hit record highs on Wednesday as Tata Motors soared on plans to boost electric-vehicle investments

US shares drop as soaring oil prices stir inflation woes; Yen wilts

A rally in basic material and energy shares on higher oil prices initially lifted major U.S. stock indices

India's stock market on track to overtake UK in terms of m-cap: Report

India's market capitalization has surged 37% this year to $3.46 trillion, according to an index compiled by Bloomberg

Goldman and JPMorgan say buy the dip as inflation seen temporary

Jitters over surging prices and concerns that the post-pandemic rebound is now past its peak dragged the S&P 500 Index 5% below its September record last week, after almost a year without a correction

Stock market: Many companies are choosing not to be listed, here's why

The number of listed companies worldwide peaked at 45,743 in 2014 but had slipped to 43,248 by 2019 according to the World Bank