Page 60 - Stock Market

FPIs squeeze markets for a sixth day; Sensex ends 639 points lower

FPIs sold shares worth nearly Rs 8,300 crore, extending their month-to-date selling to almost Rs 40,000 crore

BSE 100 companies boost R&D spending, but innovation challenges persist

R&D spend grows 152% in 5 years to Rs 63,072 crore in FY24

Higher e-auction share key for Coal India stock; 15% target boosts outlook

Given predictable demand and steady growth, if e-auction at 15 per cent is achieved, the outlook is positive

Stock Market Highlights, Oct 4: Sensex sheds 808pts; Nifty ends near 25,000; FMCG drags, IT shines

Share Market Highlights: The day ended in favor of bears as 37 out of 50 constituent stocks of Nifty50 ended in the red

'Work in progress': TotalEnergies CEO Pouyanne on plans for NY listing

The company's plan to turn its American depositary receipts into ordinary shares is "work in progress," Pouyanne said during the company's annual investor day in New York Wednesday

Stock brokers to offer UPI-based fund blocking or 3-in-1 account from Feb 1

Starting February 1, qualified stock brokers will have to either offer the facility of trading in the secondary market using the UPI-based block mechanism to their clients, similar to the ASBA facility, or a three-in-one trading account facility, a move that will empower investors. Qualified Stock Brokers (QSBs) must offer one of these two options, in addition to the current mode of trading. A three-in-one trading account combines a savings account, a demat account, and a trading account into a single integrated solution. In this case, the clients would have their funds in their bank account, earning interest on the cash balances. "This initiative will empower and benefit investors with enhanced security, improved transparency, interest earnings and ease of making payments at a time when UPI payments are witnessing significant growth," Rahul Jain, CFO, NTT DATA Payment Services India, said. Additionally, the move will improve fund management and further enhance investors' convenien

5 Reasons why the Indian stock market crashed on Monday September 30

On Monday, the Sensex crashed by over 1200 points, and the Nifty dropped by over 300 points intraday. But why did this happen? Let’s break it down.

Brokerages revise charges as Sebi's true-to-label norms take effect

Angel One has revised upwards its charges, while Zerodha has maintained the status quo on rates for now

Sebi tightens rules for booming equity derivatives market effective Nov 20

Sebi said that existing regulatory measures have been reviewed to ensure investor protection and the orderly development and strengthening of the equity derivatives market

Chinese stock market enters bull market after biggest surge since 2008

The CSI 300 Index jumped 8.5% Monday, marking the most since 2008 as traders rushed to buy shares in the last session before a week-long holiday

After board meeting, Indian Oil withdraws Rs 22,000 crore rights issue

The decision came after a communication from the Ministry of Petroleum and Natural Gas, which said that no funds had been earmarked for capital support to Oil Marketing Companies in the 2024-25 Budget

Stock Market Crash Highlights, Sept 30: Sensex sheds 1,272pts, Nifty ends near 25,800; RIL slumps 3%

Stock Market Crash: Indian equity benchmark indices settled in the red on Monday, tracking mixed cues from major global markets.

Metals, auto stocks drive indices to fresh highs; Sensex jumps 666 pts

Supportive fund flows, Chinese stimulus keeps bullish sentiment intact

Icon Facilitators plans to raise funds via IPO; eyes Rs 100 cr revenue

Technical facilities management services provider Icon Facilitators on Thursday announced its plan to launch the initial public offer to raise money for expanding operations and is targeting Rs 100 crore revenue by FY27. Khambatta Securities Limited has been appointed as the book-running lead manager to oversee the IPO process, a company statement said. According to the statement, the company aims to achieve a remarkable milestone of Rs 100 crore in revenue by the financial year 2027. It reported Rs 49.84 crore revenue from operations in FY24 against Rs 42.96 crore in FY23. To support this ambitious growth trajectory, it stated that Icon Facilitators Ltd (IFL) is actively exploring an initial public offering (IPO). The IPO will provide the company with the necessary capital to expand its client base, strengthen its geographic presence across India, and invest in cutting-edge technologies to enhance its service offerings, it said. IFL Managing Director Dinesh Makhija said, "We are

NSE plans to triple colocation rack capacity to 4,000 at Mumbai HQ in 3 yrs

The National Stock Exchange (NSE) plans to expand its colocation data centre at its headquarter in Mumbai for trading members with an almost three-fold increase in number of racks to over 4,000 within the next three years, sources said on Wednesday. The expansion will be carried out at the NSE's existing building at Exchange Plaza, Bandra Kurla. The decision is based on member feedback and aimed at enhancing ease of operations and increasing the availability of racks for trading members. Currently, NSE offers 1,400 racks to members, and the planned expansion will boost this capacity to over 4,000 racks within the next three years. Further expansions will be made available as per additional requirements, they added. Co-location facility allows stock brokers to place their servers at a stock exchange in consideration of a fee, giving them access to price data a fraction of second before other participants. NSE, which is the largest stock exchange globally in terms of orders and tra

Bourses call for better checks by merchant bankers on IPO-bound SMEs

Over 80 merchant bankers apprised about discrepancies, lack of background checks

A losing proposition: Odds are against individuals in F&O trading

A vibrant F&O market enables better price discovery, and participants can hedge more efficiently. In aggregate, traders help generate the volumes, which ensure high liquidity and low spreads

Stock market news, MUDA scam, dengue cases in Delhi, RBI rate cut

Sensex reached 85,000 and Nifty crossed 26,000 points for the first time, but both ended flat after a volatile session due to losses in FMCG and some banking stocks.

Markets hit fresh highs on optimism after Federal Reserve rate cut

India has had a blockbuster IPO market this year. Till the end of August 2024, 50 Indian firms together raised Rs 53,453 crore through IPOs

Bajaj now third most valued finance group; overtakes State Bank of India

Bajaj Housing Finance, which more than doubled on listing day, added Rs 1.36 trillion to the group's mcap