Page 149 - Stock Market
Mutual funds went big on IPOs: Here're the top buys and sells in July
Among the prominent buys in the mid-cap space were Indraprastha Gas (Rs 942 crore), Aditya Birla Fashion (Rs 272 crore) and Emami (Rs 227 crore)
 "Mutual funds went big on IPOs: Here're the top buys and sells in July")
Street signs: Buy the dips, sell rallies, HNIs look to break even & more
A fall below 16,320 could drag the market to 16,150-16,000 levels
 "Street signs: Buy the dips, sell rallies, HNIs look to break even & more")
Bulls take Sensex past 55,000, index rallies 600 pts as heavyweights gain
The latest positive global sentiment has helped the markets shrug off the underwhelming June quarter results, earnings downgrades, and the possibility of further downgrades
 "Bulls take Sensex past 55,000, index rallies 600 pts as heavyweights gain")
No plan for IPO as of now, says Bajaj Allianz Life Insurance CEO
The Pune-headquartered life insurer has been topping industry growth chart for long
Investors richer by Rs 3.5 trn as markets rally to new record highs
Investors' wealth jumped Rs 3,48,431.23 crore as the market rally continued for the second straight session on Friday, with the BSE Sensex closing above the 55,000-mark for the first time. The 30-share BSE benchmark gained 593.31 points or 1.08 per cent to close at 55,437.29. During the day, it rallied 643.81 points to its intra-day lifetime record of 55,487.79. On Thursday, the benchmark had closed 318.05 points or 0.58 per cent higher. Following the two-day rally in equities, the market capitalisation of BSE-listed companies climbed Rs 3,48,431.23 crore to reach its all-time high of Rs 2,40,23,280.14 crore. "Enthusiastic retail participation has given momentum to the market enabling it to reach higher levels. Also, the rally has global support with the Dow and S&P 500 setting new records. "A healthy feature of today's rally is that it is led by high-quality blue-chips in performing sectors like IT, financials and telecom," said V K Vijayakumar, Chief Investment Strategist at ...
 "Investors richer by Rs 3.5 trn as markets rally to new record highs")
Indian shares rise on energy gains; investors focus on inflation data
Indian shares opened slightly higher on Thursday, driven by energy shares, with investors eyeing domestic retail inflation data for July due later in the day.
 "Indian shares rise on energy gains; investors focus on inflation data")
Weary of corporate scandals, Indian fund managers outperform foreign rivals
An equal-weighted basket of Indian stocks with high domestic MF ownership and low foreign ownership outperforms a basket with the reverse profile.
 "Weary of corporate scandals, Indian fund managers outperform foreign rivals")
Manappuram Finance stock falls 12% over steep decline in QoQ profit
The company missed Street expectations due to lower net interest income (NII)
 "Manappuram Finance stock falls 12% over steep decline in QoQ profit")
Near-term pressures for Motherson Sumi due to supply disruptions
Margin trajectory at international subsidiaries remains key trigger for the stock
 "Near-term pressures for Motherson Sumi due to supply disruptions")
Options volume hits record high; forms 97% of F&O contracts traded in FY22
The margin requirement for the futures segment has risen substantially after the introduction of peak margin norms last year
 "Options volume hits record high; forms 97% of F&O contracts traded in FY22")
The rising tide
Markets are booming but high valuations can be a spoilsport
Large-cap stocks back in the lead; Sensex up 3.7% this month
Sensex is up 3.7% this month, while mid-, small-cap indices are down 1.4% and 2.7%, respectively
Rolex Rings jumps 30% on debut to close with Rs 267 gain; HNIs incur losses
HNI portion was subscribed 360x; break-even after factoring in the interest cost for wealthy investors worked out between Rs 1,400-1,500 a share versus closing price of Rs 1,167
 "Rolex Rings jumps 30% on debut to close with Rs 267 gain; HNIs incur losses")
LIC stake in NSE-listed companies dips in June quarter, shows data
The percentage of holding across 295 companies, where its holding is more than 1 per cent, slipped to 3.74 per cent in Q1 from 3.83 per cent in the previous quarter ended March on an aggregate basis
 "LIC stake in NSE-listed companies dips in June quarter, shows data")
Street signs: Falling GMPs signal IPO fatigue, NFO targets on rise & more
According to market players, the GMP for CarTrade is 25 per cent, while Nuvoco Vistas is less than 10 per cent, over their offer price.
 "Street signs: Falling GMPs signal IPO fatigue, NFO targets on rise & more")
Market winning streak ends as RIL shares shed 2.1% after SC order
The Supreme Court rules against merger of Future Retail with RIL's arm Reliance Retail; Sensex down 215 pts to 54,278 at close
 "Market winning streak ends as RIL shares shed 2.1% after SC order")
Top headlines: India buries retrospective tax, RBI to spell out policy
Business Standard brings you the top headlines on Friday
 "Top headlines: India buries retrospective tax, RBI to spell out policy")
Active large-cap funds outperform benchmarks as rally gets broad-based
Average one-year return at 48% versus Sensex's 45% gain
 "Active large-cap funds outperform benchmarks as rally gets broad-based")
Individual investors flex their muscle amid stock market surge
Their holding rose to all-time high of 7.18% in Q1; institutional holdings decline
 "Individual investors flex their muscle amid stock market surge")
Sensex rises fourth day on the trot, extends week's rally to 3.5%
The over 1,847-point jump this week has come on the aggressive buying for overseas investors and hopes of economic revival following improvement in high-frequency indicators
 "Sensex rises fourth day on the trot, extends week's rally to 3.5%")