BUSINESS
Half of Nifty 50 stocks hit 52-week highs in past month, market holds steady
Among them, 16 stocks have risen to a record high, indicating strong resilience. Meanwhile, the Nifty itself rose just 1 percent.
BUSINESS
Nifty Pharma scales record highs, rises in 14 out of 17 straight sessions
In the second quarter of FY24, the Pharma stocks saw strong revenue growth of 14.3% year-over-year and 1.7% quarter-over-quarter
BUSINESS
Tata Tech sets IPO price band at over 47% discount to unlisted market price
The OFS consists of up to 60.85 million shares by its existing shareholders
BUSINESS
IREDA sets Rs 30-32 price band for its IPO
Basis of allotment will be on November 23, initiation of refund will be on November 28 and the firm will list on exchanges on December 1.
BUSINESS
Jewellery stocks outshine Nifty peers as gold buying picks up pace ahead of Dhanteras
The positive consumer sentiment is rubbing off on jewellery sector stocks, with counters like Kalyan Jewellers, TBZ, Senco and PC Jeweller jumping up to 16 percent over the past week.
BUSINESS
Strong fundamentals, better earnings keep markets bullish in Samvat 2080
Indian equity markets have performed exceptionally well In the ongoing Samvat 2079, despite global challenges like economic downturns in the US and Europe, China's slow growth, and widespread interest rate hikes
BUSINESS
Most listings since last Diwali deliver bumper returns as bulls rule the market
Out of the 56 companies that went listed since Diwali 2022 after collectively raising Rs 47,890 crore from the primary market, the shares of 48 firms are trading above their issue price
BUSINESS
Protean eGov Technologies IPO subscription details and listing schedule revealed
The firm has issued over 446 million PAN since commencement and holds over 45 percent market share as of June 2023.
BUSINESS
Cash, F&O ADTV decline in October amid volatility in Indian markets
The combined average daily turnover of the BSE and NSE hit its lowest point at Rs 72,512 crore, a 20 percent drop from the previous month, marking the largest decrease since June 2022. This is the first month-to-month decline since March 2023.
BUSINESS
BSE MidCap, SmallCap indices end 6-month winning streak in October
Most analysts are now turning their attention to large-cap stocks with more reasonable valuations.
BUSINESS
Bearish sentiments grow as October advance-decline ratio hits seven-month low
Analysts said this indicates that the mood is increasingly becoming bearish.
BUSINESS
FIIs raise stakes in major IT firms in Q2 despite weak earnings outlook
Mutual funds and insurance companies, too, continued to invest in large Indian IT stocks.
BUSINESS
Why blue-chips are lagging behind as mid- and small-cap stocks rally
The markets were supported by domestic funds and retail investors that were more comfortable with the valuations of small and mid-cap stocks.
BUSINESS
SIP account drop-offs on the rise as investors rush to book profit
During January to December 2022, over 1.36 crore SIP accounts were discontinued, or tenure completed, while the number surpassed 1.42 crore between January and September 2023
BUSINESS
Groww overtakes Zerodha as top brokerage in active investors
According to NSE,Groww has 6.63 million active investors while Zerodha has 6.48 million.
BUSINESS
Is the risk of further FII outflows from India rising?
Analysts believe that any outflows from FIIs are unlikely to destabilise the local market.
BUSINESS
Equity mutual fund inflows plunge 30% in September, SIPs top Rs 16,000 crore for first time
Total assets under management (AUM) of open-ended funds at the end of September stood at Rs 46.58 lakh crore against Rs 46.63 lakh crore in the prior month.
BUSINESS
BSE big strides in F&O space sparks hopes, stock gains 240% in 6 months
BSE is rapidly gaining market share in derivatives since it brought back the weekly index options for the Sensex and the Bankex in May that are now dominating almost all of the BSE derivatives trading
BUSINESS
Government bonds to experience high volatility due to MPC's OMO strategy, says Venkatakrishnan Srinivasan of Rockfort Fincap
The market expert expects benchmark 10-year bond yields to hover between 7.20 percent and 7.45 percent.
BUSINESS
Demat accounts rise 26% to 12.97 crore in Sept as local equities pay off
September marked the highest number of IPOs in 13 years, with 14 companies going public, the most since September 2010, with a cumulative collection of around Rs 11,800 crore, the highest since May 2022, when eight issues raised Rs 29,511 crore
BUSINESS
US yield, volatility surge push Indian equities to 5-week low; global cues dragging markets
August job openings reached 9.6 million, surpassing the expected 8.8 million, reigniting concerns about a tight labour market. Investors’ attention will be on the September ADP and ISM services data
BUSINESS
SME IPOs reach all-time high in September
In September, a record number of small and mid-sized enterprises went public, with 37 companies raising over Rs 1000 crore, the highest since SME IPOs began in 2012, as per Prime Database data.
BUSINESS
Advance-decline ratio hits 5-month high, sustaining positive momentum amid turbulence
The average advance-to-decline ratio of all BSE stocks in September stood at 1.20 — the highest level since April 2023
BUSINESS
Sailing through tough times: Average daily turnovers in cash hit record highs in September despite turbulent market
The combined ADTV for NSE and BSE reached Rs 91,710 crore while the combined F&O turnover hit Rs 326 lakh crore during the month.
