Page 92 - Stock Market

Voda Idea rallies 19%, hits highest level since Jan 2022 on heavy volumes

A combined 1,321 million equity shares, representing 2.7 per cent of total equity of Vi, changed hands on the NSE and BSE till 01:55 PM

Stock market investor base surges, UP upends Gujarat from the 2nd position

UP surpassed Gujarat to take the second position in 2023 by adding 33.8 per cent of new stock market investors

Innova Captab makes quiet debut at 2% premium; strengthens post listing

Soon after the listing, Innova Captab gained steam and moved to Rs 502, up 12 per cent over its issue price on the BSE

Retail trading boom doubles turnover of futures and options at NSE

Retail investors currently make up for more than 25% of the average daily turnover in derivatives. More than 8 million individual investors traded in this segment in 2023

Record eight-year winning streak seen extending for Indian equities

That's the key takeaway from an informal Bloomberg News survey of 10 fund managers and strategists, seven of whom said the NSE Nifty 50 Index will rise in 2024

Azad Engineering shares settle with over 29% premium in debut trade

Shares of Azad Engineering Ltd ended with a premium of over 29 per cent against the issue price of Rs 524 on the first day of trade on Thursday. The stock made its debut at Rs 710, reflecting a jump of 35.49 per cent from the issue price on the BSE. During the day, it zoomed 38.83 per cent to Rs 727.50. Shares of the company ended at Rs 677.10 apiece, rallying 29.21 per cent. On the NSE, the stock listed at Rs 720, up 37.40 per cent. Shares of the company ended at Rs 673.25 per piece, a jump of 28.48 per cent. The company's market valuation stood at Rs 4,002.54 crore. In volume terms, 7.80 lakh shares of the company were traded on the BSE and over 1.51 crore shares on the NSE during the day. In the equity market, the 30-share BSE Sensex jumped 371.95 points or 0.52 per cent to settle at an all-time closing high of 72,410.38. The Nifty climbed 123.95 points or 0.57 per cent to settle at a fresh record of 21,778.70. The initial share sale of Azad Engineering received 80.60 times ..

Inside the record year for India's $585 billion mutual funds industry

Equity funds have seen inflows for 33 straight months through November, with monthly recurring plans emerging as the most popular product among retail investors

The India story 2023: Market rally that was, and sometimes was not

Benchmark indices gained altitude, but not all new entrants were able to cash in

Indices at record highs! Sensex soars 702 pts, tops 72K; Nifty holds 21,650

Closing Bell on December 27, 2023: Healthy buying in HDFC Bank, Infosys, Bharti Airtel, Ultratech Cement, L&T, Tata Motors, ICICI Bank, SBI, Axis Bank, and M&M lifted the benchmark indices

Market holiday: BSE and NSE to remain closed today on account of Christmas

Indian exchanges like NSE, BSE, MCX, and the bond market will remain shut on the account of Christmas, this is the last market holiday on a trading day in this calendar year

TMS Ep592: Electric vehicles, stock markets 2023, Santa rally, Blue Origin

Will 2024 be the year of EVs? What led to the rise of stock markets in 2023? Is the Santa rally over in the markets? What is Blue Origin? All answers here

Asian fund managers more bullish on equities: Bank of America Survey

The return expectations are based on above-par earnings and supportive policy

Motilal Oswal smallcap collects Rs 1,350 crore during new fund offering

According to the fund house, over 150,000 investors subscribed to the NFO, putting in an average of Rs 85,000

Sensex, Nifty hit new record highs on firm global trends, buying in FMCG

Benchmark equity indices Sensex and Nifty scaled new lifetime high levels in intra-day trade on Tuesday before closing with gains on the back of buying in FMCG and oil shares and positive global cues. In a volatile trade, the 30-share BSE Sensex climbed 122.10 points or 0.17 per cent to settle at 71,437.19. During the day, the barometer jumped 308.62 points or 0.43 per cent to reach its all-time intra-day high of 71,623.71. The broader Nifty climbed 86.4 points or 0.40 per cent to hit its record peak of 21,505.05. It finally closed higher by 34.45 points or 0.16 per cent at 21,453.10. Buying in FMCG, oil and gas, power and select banking shares supported the recovery while losses in IT and auto shares capped gains, analysts said. Among the Sensex firms, Nestle rose the most by 4.66 per cent. NTPC rose by 2.16 per cent, Reliance Industries by 1.53 per cent, State Bank of India by 1.04 per cent and Hindustan Unilever by 1.03 per cent. ITC, Power Grid and Bajaj Finance were the major

Banks lead QIP revival in 2023: Listed cos raised Rs 53,070 cr so far

The good run of QIPs is also expected to spill into the next year, particularly in the run-up to the general elections in April-May next year

High valuations may cap further rally in IRCTC stock despite good revenue

At trailing PE of 65x it seems to fully discount future growth and visibility of good revenue streams

India's IPO momentum seen growing on prospects of political stability

India's share of global IPO proceeds is at an all-time high of 5.98%, Dealogic says, almost doubling in 2 years, while its share of Asia IPO proceeds has also grown to 9.9% this year from 5.9% in 2018

Share-sale frenzy in Indian market seen continuing in 2024, say bankers

Initial public offerings and follow on share sales in India this year exceeded Hong Kong for the first time in at least 30 years, according to data compiled by Bloomberg

'Exceptional': Nifty likely to end at 21,834 in 2024, says Kotak Securities

The brokerage said several factors in the next few months would set the tone for the global and Indian markets in the first half of next year

Rural penetration, capacity gains to drive Varun Beverages' growth

The double-digit growth of the company is better than FMCG peers