Page 37 - Latest Updates on Stock Market
M-cap of five of top-10 valued companies soars more than Rs 1 trillion
While RIL, TCS, Infosys, HUL and Wipro were the gainers, HDFC Bank, ICICI Bank, HDFC, Bajaj Finance and SBI emerged as laggards
 "M-cap of five of top-10 valued companies soars more than Rs 1 trillion")
MFs add Rs 7 trn to kitty in 2021; Omicron possible red flag for 2022
Experts believe that the new year could be tricky depending on the Omicron situation and possible interest rate hikes
 "MFs add Rs 7 trn to kitty in 2021; Omicron possible red flag for 2022")
Food premix firm Hexagon Nutrition files for IPO to raise Rs 600 crore
The IPO will comprise a fresh issue of Rs 100 crore and an offer for sale worth Rs 500 crore.
 "Food premix firm Hexagon Nutrition files for IPO to raise Rs 600 crore")
Data Patterns shares make a strong debut, stock lists at 28% premium
The company had priced its IPO between Rs 555 and 585 a share
 "Data Patterns shares make a strong debut, stock lists at 28% premium")
Ajanta Pharma gains 5% on share buyback plan, board to meet on Dec 28
The board of directors of the company is scheduled to consider a proposal for buy-back of equity shares on Tuesday, December 28.
 "Ajanta Pharma gains 5% on share buyback plan, board to meet on Dec 28")
Investors richer by over Rs 6.56 trillion in two days of market rally
Bajaj Finance was the biggest gainer among the 30-frontline companies pack, jumping 2.94%
 "Investors richer by over Rs 6.56 trillion in two days of market rally")
2022 will be the year of consolidation for Indian equities: Raamdeo Agrawal
'Whenever the FPI mood alters, we will see both retail and institutional investors become buyers,' says Chairman, Motilal Oswal Financial Services
 "2022 will be the year of consolidation for Indian equities: Raamdeo Agrawal")
With more volatility likely, investors should stick to large-caps, BAFs
Market participants believe that concerns still linger in the markets and investors should continue to have higher weighting towards large-cap funds
 "With more volatility likely, investors should stick to large-caps, BAFs")
Digital maps provider MapmyIndia hits $1.12 bn valuation in market debut
MapmyIndia, which powers Apple Inc's maps in the country, surged 54% in its market debut on Tuesday following a bumper initial public offering subscription last week
 "Digital maps provider MapmyIndia hits $1.12 bn valuation in market debut")
Volatility, further correction in markets cannot be ruled out: Analysts
Whether earnings growth sustains will be crucial to determining how Indian equity markets fare in the days to come
 "Volatility, further correction in markets cannot be ruled out: Analysts")
Shriram Properties makes a weak debut, shares list at 15% discount
The stock gained a bit after listing and ended the session at Rs 99.4 - a 15.7 per cent discount to its issue price
 "Shriram Properties makes a weak debut, shares list at 15% discount")
Majority of BSE 500 stocks trading below 200-day moving average
Broader markets witnessed sharper selling pressure, with Nifty Midcap and Smallcap down around 4 per cent each.
 "Majority of BSE 500 stocks trading below 200-day moving average")
Investors poorer by over Rs 11.23 trn in 2 days of heavy market selloff
Investors became poorer by Rs 11,23,010.78 crore in two days as domestic equity market continued to face severe drubbing amid a global selloff
 "Investors poorer by over Rs 11.23 trn in 2 days of heavy market selloff")
Foreign investors pull out Rs 17,696 cr from Indian markets in Dec so far
According to the depositories data, FPIs took out Rs 13,470 crore from equities, Rs 4,066 crore from the debt segment and Rs 160 crore from hybrid instruments between December 1-17.
 "Foreign investors pull out Rs 17,696 cr from Indian markets in Dec so far")
M-cap of 8 of top-10 most valued companies erodes by over Rs 2.61 trn
In the top-10 list, Infosys and Wipro were the only gainers.
 "M-cap of 8 of top-10 most valued companies erodes by over Rs 2.61 trn")
FIIs, global cues, Omicron trends will drive markets this week: Analysts
Domestic equities will be mainly driven by global market trends, foreign institutional investors' movement and developments around new Covid variant Omicron this week, according to analysts.
 "FIIs, global cues, Omicron trends will drive markets this week: Analysts")
Global stocks fall on Omicron fears and after central banks' hawkish tilt
European stocks dropped, Asian shares closed near the year's lows and Wall Street looked set to open weaker after a bruising previous session that was led by sharp falls in tech stocks
 "Global stocks fall on Omicron fears and after central banks' hawkish tilt")
Top headlines: US Fed signals rate hikes, IMF speaks on crypto ban idea
Cryptocurrencies were proving to be a challenge for emerging markets and strong regulation was needed, IMF's Gita Gopinath said. More in today's top headlines
 "Top headlines: US Fed signals rate hikes, IMF speaks on crypto ban idea")
Global stock markets fall as markets await central bank meetings
The U.S. Federal Reserve is expected to signal a faster wind-down of asset purchases, which could move it one step closer to raising interest rates
 "Global stock markets fall as markets await central bank meetings")
Shorter duration debt schemes may now see good inflows on RBI's stance
Liquid funds and credit funds saw net inflows of Rs 53,251.28 crore and Rs 251.18 crore
 "Shorter duration debt schemes may now see good inflows on RBI's stance")
