Page 157 - Stock Market

Lodha Developers makes weak stock market debut as shares fall 5.8%

The poor listing comes amid weakness in the secondary market because of the rise in Covid-19 infections and lockdown measures imposed in key states

India's m-cap declines 2.5%, only top-15 nation to see erosion in April

Only market among top 15 to see a fall; world m-cap has risen 4.2% in April

Escorts Heart Institute receives Sebi notice in funds diversion case

Fortis Healthcare on Friday said its subsidiary, EHIRCL, received the notice on April 15, 2021

Indices eke out slim gains, close lower for the week; Asian Paints up 3%

A strong recovery in the rupee, which zoomed 58 paise, and a bullish trend in global equities supported the bourses on Friday, traders said

Markets extend gains to second day as banks, financial stocks rally

A recovering rupee and positive global cues also propped up the bourses, traders said

Foreign brokerages temper return expectation from Indian equities

Goldman Sachs analysts now see the Nifty at 16,300 levels in 12 months (16,500 earlier). However, they have retained their 'overweight' stance on India for now

Near-term growth on market share gains to remain robust for Astral Poly

Valuations, PVC price moderation may, however, keep the stock under pressure

Fund managers pare holdings in several blue chip stocks in March

Nine of the 10 most-sold stocks were part of the Nifty50

Metal and mining stocks' weight touches two-year high on Nifty50

Market cap of top 10 firms has risen 33% since January

Virus second wave: Goldman Sachs lowers growth forecast, Nifty target

Wall Street brokerage Goldman Sachs has flagged a slew of concerns on the surging COVID-19 caseload that has been hitting new records everyday, coupled with the rising lockdowns

Individual investors seeking yield in India snap up risky firms' debt

Company note sales to retail investors have more than doubled from a year earlier to Rs 6,720 crore so far in 2021

Bears maul markets: Indices plunge 3.5%, m-cap worth Rs 8.8 trn wiped out

The Sensex fell 1,708 points, or 3.4 per cent, to end the session at 47,883 -- the lowest close since January 29 -- while the Nifty 50 index closed at 14,311, declining 524 points, or 3.5 per cent

Prabhat Dairy to be delisted from BSE and NSE on April 30

Prabhat Dairy will be delisted from BSE and NSE on April 30, while trading in its equity shares will be discontinued from April 23, the exchanges said

Indian indices lag most global peers: Sensex has declined 5.8% in April

This is a sharp reversal in fortunes as till mid-February India was among the best-performing markets, with returns in excess of 10 per cent

Rupee breaks past 75-mark vs US dollar, hits lowest level since Aug 2020

The domestic unit slipped to 75.13 versus the US dollar, a level seen in August last year

Upstox alerts users of data breach; says funds, securities remain safe

Retail broking firm Upstox has alerted customers of a security breach that included contact data and KYC details of customers, but assured users that their funds and securities remain safe. The development comes close on the heels of reports of data breaches at organisations like MobiKwik, Facebook and LinkedIn. "On receipt of e-mails claiming unauthorised access into our database, we have appointed a leading international cyber-security firm to investigate possibilities of breach of some KYC data stored in third-party data warehouse systems. "This morning, hackers put up a sample of our data on the dark web," a company spokesperson said in an e-mailed statement. The spokesperson added that as a proactive measure, the company has initiated multiple security enhancements, particularly at the third-party warehouses, real-time 24x7 monitoring and additional ring-fencing of its network. "As a matter of abundant caution, we have also initiated a secure password reset via OTP for all Up

Sebi's delay makes RIL order absurd

In January 2000, the promoters of Reliance Industries Ltd (RIL), and other entities acting in concert, raised their stake in RIL by 6.83 per cent through converting warrants issued in 1994

Macrotech's Rs 2,500-cr IPO gets lukewarm response from investors

The 36.42-million offering got less than 50 million bids with retail and employee portions of the issue remaining undersubscribed at 40 per cent and 17 per cent, respectively

Sneak peak into the exhilarating life of Vibhor Varshney, a stock market expert taking the industry by its horns

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Vedanta open offer subscribed just 58% after failed delisting bid

Following open offer, promoter holding in Vedanta is set to rise by 10%. Currently, promoter group holds 55.1%. Had the maximum 651 mn shares been tendered, promoter stake would have risen to 72.6%