Page 34 - Latest Updates on Stock Market
Vedant Fashions lists at 8% premium to issue price, m-cap at Rs 22,688 cr
The positive listing-day performance comes even as the ethnic wear maker's Rs 3,150-crore IPO saw subdued response
 "Vedant Fashions lists at 8% premium to issue price, m-cap at Rs 22,688 cr")
Sebi penalises two brokers in NSE colocation case
Sebi order says they continuously tried to log into the secondary server of NSE for faster access
 "Sebi penalises two brokers in NSE colocation case")
Five reasons why the LIC IPO could be India's Aramco moment
When Aramco came out with the world's biggest IPO, the Saudi govt raised $25.6 billion by diluting just 1.5%, valuing the company at $1.7 trn; Indian govt plans to divest 5% for $8.7 bn in LIC
 "Five reasons why the LIC IPO could be India's Aramco moment")
Top headlines: CMD role split made voluntary; SpiceJet posts profit in Q3
Here are the top headlines on Tuesday
True North, Sequoia-backed Cloudnine files draft papers with Sebi for IPO
Kids Clinic India Ltd, which operates super-specialty mother and babycare chain Cloudnine, has filed preliminary prospectus with Sebi to raise Rs 1,200 crore through an initial share-sale
 "True North, Sequoia-backed Cloudnine files draft papers with Sebi for IPO")
Investors' wealth tumbles Rs 3.9 trn as stocks slump on Fed rate hike fears
The BSE benchmark tanked 773.11 points or 1.31 per cent to settle at 58,152.92 after a weak opening. During the day, it tumbled 1,011.93 points to 57,914.10
 "Investors' wealth tumbles Rs 3.9 trn as stocks slump on Fed rate hike fears")
Markets rise on the wings of dovish RBI; Sensex rises 460 points
The Sensex ended the session at 58,926 - a gain of 460 points, or 0.8 per cent. The Nifty, on the other hand, ended the session at 17,606 - up 142 points, or 0.8 per cent.
 "Markets rise on the wings of dovish RBI; Sensex rises 460 points")
Asian stocks join global rally, US yields cling to highs
MSCI's broadest index of Asia-Pacific shares outside Japan added 1.5% to its highest in two weeks, helped by a 3.8% gain in Hong Kong-listed tech stocks
 "Asian stocks join global rally, US yields cling to highs")
Broader mkts continue to see sell-off even as benchmarks snap losing streak
Small-, mid-caps bleed even as Sensex ends in green
 "Broader mkts continue to see sell-off even as benchmarks snap losing streak")
Barbeque-Nation shares climb nearly 3% post third quarter earnings
Shares of Barbeque-Nation Hospitality Ltd on Friday jumped nearly 3 per cent after the company reported a consolidated net profit of Rs 14.83 crore for the third quarter ended December 2021.
 "Barbeque-Nation shares climb nearly 3% post third quarter earnings")
Australia shares end higher to mark best week since late-December
Sector leaders Block, Xero and Wisetech Global rose between 0.9% and 2.5%
 "Australia shares end higher to mark best week since late-December")
Investors urge miners to change ways after damning Rio Tinto report
An 85-page report released by Rio on Tuesday that pointed to a culture where harmful behaviours are often normalised and bullying is rife put a spotlight on the broader industry
 "Investors urge miners to change ways after damning Rio Tinto report")
Budget 2022: Massive capex push buoys infra, cement, steel stocks
A strong capital expenditure announced in Union Budget FY23 coupled with renewed focus on the affordable housing segment have led to a sharp jump in share prices of companies associated with infra
 "Budget 2022: Massive capex push buoys infra, cement, steel stocks")
Budget 2022: Sensex rises over 800 points; Nifty over 17,500
Equity benchmarks Sensex and Nifty extended their gains and were trading over 800 points higher in mid-session deals on Tuesday, as Finance Minister Nirmala Sitharaman began her Budget speech
 "Budget 2022: Sensex rises over 800 points; Nifty over 17,500")
Budget hope lifts indices; Sensex rises 814 pts, Nifty ends above 17,300
Favourable global cues, too, help benchmarks gain 1.4%; overseas investors remain sellers
 "Budget hope lifts indices; Sensex rises 814 pts, Nifty ends above 17,300")
Budget 2022: With FIIs as net-sellers, market could remain volatile
Markets continued to remain volatile and unsure of which direction they should move. Post the FED meeting what did become clear was the fact that interest rates would rise in March
 "Budget 2022: With FIIs as net-sellers, market could remain volatile")
Budget 2022: From infra to pharma sector, here are stocks that may benefit
Construction spending, including on roads and ports, as well as incentives for electric mobility and renewable energy are likely going to be a focus in Nirmala Sitharaman's budget speech
 "Budget 2022: From infra to pharma sector, here are stocks that may benefit")
BS Number Wise: A case for taxing India's rich on stock market profits
As economic inequality in the country widens, crorepatis pay very little on long-term capital gains
 "BS Number Wise: A case for taxing India's rich on stock market profits")
LIC Housing Finance shares jump nearly 13% as firm sees 6% rise in profit
Shares of LIC Housing Finance (LICHFL) on Friday zoomed nearly 13 per cent after the firm reported a 6 per cent increase in profit after tax for the quarter ended December 2021.
 "LIC Housing Finance shares jump nearly 13% as firm sees 6% rise in profit")
PNB shares climb over 3% after Q3 earnings see two-fold jump in profit
Shares of Punjab National Bank (PNB) on Friday gained over 3 per cent after the company reported a two-fold jump in standalone net profit for the third quarter ended December.
 "PNB shares climb over 3% after Q3 earnings see two-fold jump in profit")
