Page 19 - Latest Updates on Stock Market
This newly listed SME stock has zoomed 107% against its issue price
With today's rally, the stock price of Technopack Polymers has more-than-doubled or zoomed 107 per cent against its issue price of Rs 55 per share
 "This newly listed SME stock has zoomed 107% against its issue price")
Uniparts India IPO: Here's why analysts recommend subscribing to the issue
Uniparts India IPO: Brokerages say the issue is reasonably valued given the company's robust financial profile and leading global market position in its core products
 "Uniparts India IPO: Here's why analysts recommend subscribing to the issue")
ICICI Bank, HUL, ITC help lift Sensex 177 pts, Nifty above 18,600; PSBs dip
CLOSING BELL: The S&P BSE Sensex hit a fresh life-time high at 62,887, and the Nifty 50 registered a new summit at 18,678 on Tuesday.
 "ICICI Bank, HUL, ITC help lift Sensex 177 pts, Nifty above 18,600; PSBs dip")
Sensex ends at record closing, rises 211 pts; Nifty holds 18,550; RIL up 3%
CLOSING BELL: The S&P BSE Sensex hit a fresh life-time high at 62,701, and the Nifty 50 registered a fresh summit at 18,614 on Monday
 "Sensex ends at record closing, rises 211 pts; Nifty holds 18,550; RIL up 3%")
Pak stocks crash after sudden interest rate hike to highest since 1999
The Pakistan Stock Exchange (PSX) crashed at the opening bell today in reaction to the State Bank of Pakistan's (SBP) unforeseen hike on November 25
 "Pak stocks crash after sudden interest rate hike to highest since 1999")
IEX falls 2% as board approves Rs 98 crore share buyback via open market
The board approved buyback of equity shares of the company at a price not exceeding Rs 200 per share and not exceeding Rs 98 crore through the open market
 "IEX falls 2% as board approves Rs 98 crore share buyback via open market")
Sebi issues rules for managing technical glitches, cyber security threats
Stock exchanges to put a structure of financial disincentives for non-compliance by brokers
 "Sebi issues rules for managing technical glitches, cyber security threats")
Zomato, Paytm dole out ESOPs to top executives in H1FY23 despite losses
According to regulatory filings by Paytm and Zomato, key managerial personnel have been rewarded ESOPs worth crores during the first half of FY23
 "Zomato, Paytm dole out ESOPs to top executives in H1FY23 despite losses")
Stock of this medical equipment company has tanked 74% so far in 2022
Shares of Nureca hit a 20-month low of Rs 562.50,down 3%, trading close to its record low of Rs 559.25 touched on March 19, 2021
 "Stock of this medical equipment company has tanked 74% so far in 2022")
L&T gains 3% in two days, hits record high on strong order prospects
The inflow momentum looks set to continue with a strong Rs 6.3 trillion-prospective pipeline and better conversion ratio
 "L&T gains 3% in two days, hits record high on strong order prospects")
Heavyweights do all the lifting in Nifty's record run, shows data
Since September 29, the index has added 1,666 points, of which 1,320 points - nearly 80 per cent - have been contributed by 10 stocks
 "Heavyweights do all the lifting in Nifty's record run, shows data")
Bank of India hits 17-month high on positive outlook; zooms 80% in 6 weeks
Rating agency Acuite Ratings & Research reaffirmed its rating of AA, revising the outlook to positive from stable for the bank's additional tier-1 bonds
 "Bank of India hits 17-month high on positive outlook; zooms 80% in 6 weeks")
Inox Green Energy makes dismal debut; lists at 8% discount over issue price
Post listing, the stock hit a low of Rs 59.55 on the NSE and BSE. At 10:02 am; it was trading at Rs 61.60, down 5 per cent against its issue price
 "Inox Green Energy makes dismal debut; lists at 8% discount over issue price")
Sebi extends one-time stock option settlement scheme by two months
Scheme provides a settlement opportunity to entities that have executed trade reversals in stock options from April 2014 to Sept 2015, and against whom adjudication proceedings are pending
 "Sebi extends one-time stock option settlement scheme by two months")
Stocks to Watch: Reliance, Nykaa, NDTV, Kaynes Technology, PFC, JK Paper
Stocks to Watch: Kaynes Technology will make its debut today. The issue price is fixed at Rs 587 per share
 "Stocks to Watch: Reliance, Nykaa, NDTV, Kaynes Technology, PFC, JK Paper")
Five-Star Business up 3.4% on debut as Rs 684 cr worth of shares are traded
Listing day gains come despite lukewarm response to IPO
 "Five-Star Business up 3.4% on debut as Rs 684 cr worth of shares are traded")
Escorts Kubota rallies 6%; nears record high on strong growth outlook
The management has laid out a target revenue of Rs 22,700 crore by FY28 driven by amalgamation with Kubota JVs, ramp-up of vehicle/component exports, and continuing growth in domestic businesses
 "Escorts Kubota rallies 6%; nears record high on strong growth outlook")
Stocks to Watch: Tata Motors, PB Fintech, Zomato, Archean Chemical, Metals
Stocks to Watch: Archean Chemical Industries and Five Star Business Finance will make their market debut today; Tata Motors will replace Dr Reddy's in the BSE Sensex from December 19
 "Stocks to Watch: Tata Motors, PB Fintech, Zomato, Archean Chemical, Metals")
Inflows in Tata Motors stock may surge as it replace Dr Reddy's in Sensex
Change effective from Dec 19, but adjustment will take place on Dec 16. After DRL's deletion, Sun Pharma will be the only healthcare stock in the index
 "Inflows in Tata Motors stock may surge as it replace Dr Reddy's in Sensex")
Zee Entertainment, Sun TV may underperform on advertising growth worries
Between the two, Sun had better growth rates than Zee in the Sept quarter
 "Zee Entertainment, Sun TV may underperform on advertising growth worries")