Page 4 - Stock Markets
Avadhut Sathe Trading Academy approaches SAT against Sebi order
In an order issued on December 4, the market regulator alleged that ASTA was running unregistered investment advisory and research analyst services in the name of stock market education
 "Avadhut Sathe Trading Academy approaches SAT against Sebi order")
Sitharaman tables Securities Markets Code Bill: What it is, key features
According to the government, the existing laws are very old and do not fully match the current markets and technology
 "Sitharaman tables Securities Markets Code Bill: What it is, key features")
Hero MotoCorp sheds 5%; Jefferies downgrades stock, sees 14% downside risk
Hero MotoCorp share price falls over 5 per cent following reports that foreign brokerage firm Jefferies downgraded stock to 'Underperform' with a downside target of ₹4,950 per share.
 "Hero MotoCorp sheds 5%; Jefferies downgrades stock, sees 14% downside risk")
Mundra resolution, renewables portfolio are key drivers for Tata Power
Tata Power's FY30 ambitions hinge on scaling renewables, transmission and distribution, while a long-term Mundra thermal resolution could revive profitability and lift sentiment
 "Mundra resolution, renewables portfolio are key drivers for Tata Power")
Earnings recovery expected to gather pace by FY27: Neelesh Surana
The Indian market has delivered limited returns, with median performance for the NSE 500 turning negative, says Surana
 "Earnings recovery expected to gather pace by FY27: Neelesh Surana")
Loan growth, lower cost targets positive for M&M Financial Services
M&MFS has a deep rural presence across 500,000 villages and a 12 million customer base
 "Loan growth, lower cost targets positive for M&M Financial Services")
KSH International IPO: Solid growth, analysts stay neutral; should you bid?
SBI Securities has maintained a "Neutral" view on the KSH International IPO and would like to monitor its performance post-listing
 "KSH International IPO: Solid growth, analysts stay neutral; should you bid?")
Nifty200 Momentum30: A flip of index switch jolts ₹16K cr across the grid
Once rebalance kicks in, passive money follows preset circuitry
 "Nifty200 Momentum30: A flip of index switch jolts ₹16K cr across the grid")
Street Signs: Nifty rally regains steam, AMC premium rockets, and more
Nifty regains momentum as technicals turn bullish, IndiGo slides ahead of Sensex entry, and ICICI Prudential AMC IPO heats up on strong grey market demand
 "Street Signs: Nifty rally regains steam, AMC premium rockets, and more")
Affordable housing financiers now attractively valued after correction
Affordable housing financiers face slower growth, higher delinquencies and weak branch productivity despite strong demand, even as falling CoF supports spreads and valuations turn attractive
 "Affordable housing financiers now attractively valued after correction")
BoAt IPO: Updated DRHP flags auditor concerns over financial discrepancies
According to BSR & Co LLP, BoAt's quarterly returns or statements filed with banks or financial institutions did not match its books of accounts for fiscal years FY25, FY24, and FY23
 "BoAt IPO: Updated DRHP flags auditor concerns over financial discrepancies")
OMCs may see rerating as crude stays soft, GRMs strong and LPG losses ease
The next few quarters could favour downstream refiners and marketers over upstream, with Brent expected to stay in a $60-65 range or drift lower, while GRMs remain strong and LPG under-recoveries ease
 "OMCs may see rerating as crude stays soft, GRMs strong and LPG losses ease")
Meesho shares close 53% above issue price on debut; valued at ₹76,814 crore
Meesho shares listed at a 45 per cent premium and ended 53 per cent above the issue price, after its IPO was subscribed 79 times and raised Rs 5,421 crore for growth plans
 "Meesho shares close 53% above issue price on debut; valued at ₹76,814 crore")
Markets fall for second day as Fed caution, IT drag and FPI outflows weigh
Benchmarks fell for a second session as IT and heavyweight losses offset a broader recovery. FPIs sold Rs 3,760 crore while DIIs bought Rs 6,225 crore, with Fed cues in focus
 "Markets fall for second day as Fed caution, IT drag and FPI outflows weigh")
Asian stocks slip as investors await US rate cut, yen steadies after quake
The RBA, SNB and Bank of Canada are all expected to hold rates steady this week, while the Federal Reserve is widely expected to lower borrowing costs on Wednesday.
 "Asian stocks slip as investors await US rate cut, yen steadies after quake")
Markets, spooked by Fed uncertainty, post biggest drop in two months
BSE market cap shrinks ₹7 trillion as FPIs weigh on sentiment
 "Markets, spooked by Fed uncertainty, post biggest drop in two months")
Telecom and energy stocks stop November from ending on a flat note
Without them, foreign portfolio investor flows would have gone off-key
 "Telecom and energy stocks stop November from ending on a flat note")
Avadhut Sathe Academy to challenge Sebi order, denies allegations
Avadhut Sathe Trading Academy says it functions purely as a training institution and does not offer stock tips or advisory services. It plans to challenge Sebi's interim order
Who is Avadhut Sathe, finfluencer banned by Sebi for unregistered advisory?
Sebi has barred finfluencer Avadhut Sathe and his trading academy from markets, alleging they ran an unregistered advisory scheme that misled over three lakh investors and earned unlawful gains
 "Who is Avadhut Sathe, finfluencer banned by Sebi for unregistered advisory?")
Retail investors sell ₹23,000 crore in two months as markets rally
The retreat from direct equities contrasts with continued inflows from domestic institutional investors
 "Retail investors sell ₹23,000 crore in two months as markets rally")