Page 23 - Latest Updates on Stock Market
S&P 500 wipes out 2.4% loss in biggest stock reversal since July 1991
It was a stock reversal for the ages: A near-uniform plunge followed by an everything rally made for a dizzying day on Wall Street.
 "S&P 500 wipes out 2.4% loss in biggest stock reversal since July 1991")
Capital cost may rise as drivers of equities reverse: Report
Three decades have been benign for global equities, but that time is now changing
 "Capital cost may rise as drivers of equities reverse: Report")
The bells of Dalal Street welcome nine new SME IPOs today; what are these?
The first nine months of 2022 have already seen 87 SMEs make their IPOs, earning a total of Rs 1,460 crore
 "The bells of Dalal Street welcome nine new SME IPOs today; what are these?")
At 6.1 mn, pace of demat account additions slowest in 10 quarters in Q2FY23
Market observers say brokerages have become less aggressive chasing clients, given the high cost of acquisitions and growing inactivity among retail investors
 "At 6.1 mn, pace of demat account additions slowest in 10 quarters in Q2FY23")
General merchandise and apparel growth key for DMart's margin gains
The retailer's revenues in Q2 were lower than estimates
 "General merchandise and apparel growth key for DMart's margin gains")
Credit Suisse mkt turmoil deepens after CEO memo backfires; stock falls 12%
The turmoil was sparked by a memo late that day from Chief Executive Officer Ulrich Koerner, in which he had sought to play down speculation surrounding the bank's overhaul plans
 "Credit Suisse mkt turmoil deepens after CEO memo backfires; stock falls 12%")
If Nifty50 falls below 16,500 mark, it will be a short-term bearish signal
The 200-DMA is generally a good indicator of a long-term trend
 "If Nifty50 falls below 16,500 mark, it will be a short-term bearish signal")
China property stocks, bonds rally post report of $85 bn support from banks
CIFI Holdings Group Co., KWG Group Holdings Ltd. and Agile Group Holdings Ltd. were the top gainers in Hong Kong, up more than 10% each.
 "China property stocks, bonds rally post report of $85 bn support from banks")
Stricter disclosure norms may trigger DRHP filing rush in next two months
Industry players expect companies to advance their DRHP filings before new rules kick in
Recent upmove in global equities mirrored a bear-mkt rally: Unmesh Kulkarni
'Domestic flows are showing signs of fatigue and may not enjoy the same momentum as in the recent past, especially in the backdrop of increasing global uncertainties'
 "Recent upmove in global equities mirrored a bear-mkt rally: Unmesh Kulkarni")
Markets rebound after seven-day losing streak; Sensex zooms 1,000 pts
More than the monetary policy decision, the RBI's assessment of inflation and growth propelled the markets, said experts
 "Markets rebound after seven-day losing streak; Sensex zooms 1,000 pts")
Bandhan Bank stock weighed down by weak sentiment; worst may be priced in
The guidance is for overall 20 per cent growth in 2022-23
 "Bandhan Bank stock weighed down by weak sentiment; worst may be priced in")
Mutual funds, DIIs turn net buyers as market falls; FPIs net sellers
Foreign investors pull out Rs 12,000 crore after pumping in Rs 60,000 crore in July, August
 "Mutual funds, DIIs turn net buyers as market falls; FPIs net sellers")
Retail IPO applications down by over 50% in H1FY23, shows data
Firms raised a total of Rs 36,535 cr in the period, 30.2% less than Rs 52,325 cr last yr
 "Retail IPO applications down by over 50% in H1FY23, shows data")
Demand for 3-bedroom homes higher than other choices for first time: Report
Housing market better investment option than it was 12 months ago, respondents tell CII-ANAROCK Consumer Sentiment Survey
 "Demand for 3-bedroom homes higher than other choices for first time: Report")
Harsha Engineers soars 47% on debut after strong demand for shares in IPO
At the last close, the company was valued at Rs 4,424 crore
 "Harsha Engineers soars 47% on debut after strong demand for shares in IPO")
Pound plunge the latest ill omen as stock markets down across the world
The pound plunged nearly 5% at one point in Asia trade to break below 1985 lows and hit $1.0327. Moves were exacerbated by thinner liquidity in the Asia session
 "Pound plunge the latest ill omen as stock markets down across the world")
Amfi to block MF distributors indulging in 'splitting of transactions'
Amfi shall take necessary action i.e. blocking of such MF distributors for a period of six months: Sebi
 "Amfi to block MF distributors indulging in 'splitting of transactions'")
Sebi likely to step up disclosure norms for IPOs of new-age companies
Sebi has attracted some criticism following a meltdown in shares of new-age companies such as Zomato, Paytm and Policy Bazaar
 "Sebi likely to step up disclosure norms for IPOs of new-age companies")
Mkts swing after Fed hike; Sensex, Nifty50 shed 1% each in intraday trade
The Nifty50 index fell 89 points, or 0.5 per cent, to close at 17,630. The India Vix index rose 2.6 per cent to finish at 18.82
 "Mkts swing after Fed hike; Sensex, Nifty50 shed 1% each in intraday trade")
