Page 34 - Stock Market

Sebi resolves over 4,400 complaints through SCORES portal in May

Capital markets regulator Sebi resolved 4,493 investor complaints through its online grievance redressal platform SCORES in the month of May. The regulator received 4,793 fresh complaints in the month and a total of 4,563 complaints remained unresolved at the end of May, slightly higher than the 4,263 complaints that were pending as of April 30, the Securities and Exchange Board of India (Sebi) said in a public notice on Friday. The regulator also highlighted that the average resolution time taken by the entities to submit the Action Taken Reports (ATRs) in May was eight days, while the average time taken for complaints under First Level Review was five days. SCORES, or Sebi Complaint Redressal System, is an online platform which facilitates investors in lodging and tracking complaints against listed companies and registered intermediaries. Under the SCORES 2.0 mechanism, complaints are automatically forwarded to the respective entities, which are required to respond within 21 days

Street Signs: VMM, Sai Life in focus; IPO market flickers back to life

Shares of fashion retailer Vishal Mega Mart (VMM) may draw attention this week as the lock-up period for over half its equity

Gains for building material majors capped by outlook, price rally

Muted revenue growth, price competition and destocking drag Q4FY25 earnings of tile, pipe and wood panel makers, with brokerages signalling further near-term weakness

Air India crash, crude oil, stock markets, gold tops 1 lakh, Iran-Israel strikes

Investigating agencies have recovered one of the two black boxes from the London-bound Air India flight that crashed in Ahmedabad yesterday.

Arisinfra Solutions IPO opens on June 18: Check price band, GMP, key dates

Arisinfra Solutions IPO: The unlisted shares of Arisinfra Solutions were trading at ₹252, commanding a premium of ₹30 or 13.5 per cent

IPO Calendar: 6 new issues, 5 listings to keep investors busy next week

IPO Calendar: The SME segment will also see the launch of five public issues including Patil Automation, Samay Project Services and Eppeltone Engineers

Monolithisch India IPO Day 2 update: Subscription rises 3.5x, GMP at 33%

Monolithisch India IPO subscription status Day 2: The issue has been booked over 3.45 times, as of 11:30 AM on Day 2

Oswal Pumps IPO off to slow start; subscription lags at 6%, GMP dips to 11%

Oswal Pumps IPO subscription status Day 1: The mainline issue was subscribed only 6 per cent as of 11 AM on Day 1, according to NSE data

Jainik Power & Cables IPO allotment today; check status, GMP, listing date

Jainik Power IPO allotment: Investors can check their allotment status on the official websites of the NSE or Skyline Financial Services

Investors' wealth erodes by Rs 5.98 trillion as markets tumble

Investors' wealth eroded by Rs 5.98 lakh crore on Thursday, tracking weak trends in equities where the BSE Sensex tumbled 1 per cent. Benchmark indices Sensex and Nifty declined 1 per cent in tandem with weak global market trends amid growing tensions in the Middle East. The 30-share BSE Sensex dropped 823.16 points or 1 per cent to settle at 81,691.98. During the day, it plunged 991.98 points or 1.20 per cent to 81,523.16. The market capitalisation of BSE-listed firms dropped by Rs 5,98,759.27 crore to Rs 4,49,58,383.92 crore (USD 5.26 trillion). "The selloff was triggered by weak global cues, volatility from the weekly F&O expiry, and renewed concerns over global trade and geopolitical tensions. Investors reacted to feeble global cues as markets assessed the uncertain outcome of US-China trade negotiations and rising tensions in the Middle East, which pushed oil prices higher and weighed on risk appetite. "The weekly expiry of derivatives contracts added to intraday volatility .

Oswal Pumps IPO open tomorrow: Should you bid? Here's what analysts suggest

Oswal Pumps aims to raise ₹1,387.34 crore through the IPO comprising a fresh issue of 14.5 million shares and an OFS of 8.1 million shares

Patil Automation IPO opens on June 16: Check GMP, price band, key dates

Patil Automation's ₹69.61 crore SME IPO comprises a fresh issue of 5.8 million equity shares and no OFS component

Monolithisch India IPO Day 1 update: Subscribed 24% in first hour, GMP 25%

Monolithisch India subscription status Day 1: The unlisted shares of Monolithisch were trading at ₹179, commanding a grey market premium (GMP) of ₹36 or 25 per cent

Jainik Power & Cables IPO Day 3 update; check subscription, GMP, key dates

Jainik Power and Cables subscription status Day 3: The unlisted shares of Jainik Power were trading at around ₹117 per share, reflecting a GMP of ₹7 or 6.3 per cent

Bajaj Auto, Tech Mahindra, L&T Tech: Analyst pick 3 stocks to buy today

Stocks to buy: Bajaj Auto is witnessing steady volume, and the price has managed to close above all major Exponential Moving Averages

Jainik Power IPO Day 2 update; check subscription status, GMP, key dates

Jainik Power IPO Day 2 subscription status: The SME offering has received bids for 47,24,400 shares against 46,63,200 on offer

Groww MF launches Nifty India Internet ETF: Here's all you need to know

Groww Nifty India Internet ETF offers diversified exposure to companies driving India's internet-led transformation

Last day! Sacheerome IPO ends today; subscription rises 122x, GMP at 45%

Sacheerome IPO Day 3 subscription status: The SME offering was oversubscribed with 22,52,50,800 shares, against 43,21,200 shares on offer

Ganga Bath Fittings makes solid D-Street debut; shares list at 20% premium

Ganga Bath Fittings shares listed at ₹59 per share on NSE SME, reflecting a premium of 20 per cent over the issue price of ₹49 per share

Samay Project IPO opens on June 16: Check price band, lot size, key dates

Samay Project Services has set the price band for its IPO in the range of ₹32-34 per equity share