Page 42 - Latest Updates on Stock Market
Paras Defence skyrockets 2.85 times offer price on stock market debut
The company now holds record for most-subscribed IPO and best-listing day performance
 "Paras Defence skyrockets 2.85 times offer price on stock market debut")
Market intelligence platform AlphaSense raises $180 mn in Series C funding
The capital infusion will be used to further invest in product development, content expansion, and customer support, and to drive organic growth as well as acquisitions
 "Market intelligence platform AlphaSense raises $180 mn in Series C funding")
Top headlines: New RBI norms from today, Adani to run Colombo Port terminal
Eight core sectors' output accelerates in Aug, Monsoon to withdraw from Oct 6, and other top headlines of the day
 "Top headlines: New RBI norms from today, Adani to run Colombo Port terminal")
Govt seeks to empanel merchant bankers, legal advisors for share sales
Appointment will be for two years, extendable for one year; contenders can quote a fee as low as Re 1, must submit bids by October 20
 "Govt seeks to empanel merchant bankers, legal advisors for share sales")
Sebi board meeting today: Here are the important issues on agenda
Will market regulator Sebi take up measures allowing PE players to set up mutual funds at today's board meeting? Will there be a decision on the M&A norms, and special voting rights for startups?
 "Sebi board meeting today: Here are the important issues on agenda")
Growth revival and impact on volume growth may help HUL stock to shine
Higher demand for discretionary products and price hike to support margins
 "Growth revival and impact on volume growth may help HUL stock to shine")
Market yet to respond to rate cuts on home loans, share prices unaffected
Lower rates to aid loan demand for financiers who can offset discounts over the long tenure
 "Market yet to respond to rate cuts on home loans, share prices unaffected")
China's Evergrande chairman seeks to reassure investors, shares surge
Hui Ka Yan said the company was striving to ensure quality delivery of properties and stressed the importance to resume construction on developments where building had been halted
 "China's Evergrande chairman seeks to reassure investors, shares surge")
Asian trade tense in the shadow of Evergrande Group and the Fed
Singapore-traded FTSE China futures are about 2% below Friday's closing level. Safe-haven assets such as the yen and U.S. Treasuries rose slightly in morning trade.
 "Asian trade tense in the shadow of Evergrande Group and the Fed")
Stocks find some footing after Evergrande Group relief; Fed looms
The news also helped the risk-sensitive Australian dollar, though anticipation that the Federal Reserve may move a step closer to tapering later on Wednesday kept a lid on gains and the mood
 "Stocks find some footing after Evergrande Group relief; Fed looms")
Foreign investors want Sebi to delay shorter trade settlement plan
Sebi's plan could push foreign investors to upgrade their custodial arrangements, spend more on foreign exchange charges and other costs.
 "Foreign investors want Sebi to delay shorter trade settlement plan")
Markets bounce from Evergrande-led selloff, Sensex ends 514 points up
Post global cues, rebound in metal, realty stocks improves investor mood
 "Markets bounce from Evergrande-led selloff, Sensex ends 514 points up")
European shares bounce after worst session in 2 months; UMG soars in debut
The pan-European STOXX 600 was up 0.6% by 0704 GMT after sinking to a two-month low in the previous session
 "European shares bounce after worst session in 2 months; UMG soars in debut")
Universal Music Group's shares surge on stock market debut
Universal Music Group's shares surged at the start of trading on Tuesday, as the company behind singers such as Lady Gaga and Taylor Swift made its stock market debut
 "Universal Music Group's shares surge on stock market debut")
China, Fed worries and falling commodity prices weigh on market
Sensex posts biggest drop in two months amid global selloff
 "China, Fed worries and falling commodity prices weigh on market")
World shares at one-month low, default fears stalk China Evergrande
European stocks were 1.8% lower, slipping to two-month lows, with energy and mining stocks tumbling as the dollar's jump to near four-week highs crushed commodity prices
 "World shares at one-month low, default fears stalk China Evergrande")
World shares fall as markets await Fed meeting, taper timeline
All three major US stock indexes lost ground, with the Nasdaq Composite Index weighed down as rising US Treasury yields pressured market-leading growth stocks.
 "World shares fall as markets await Fed meeting, taper timeline")
Sebi makes fewer information requests to foreign regulators amid pandemic
Incoming requests from foreign regulators also dropped to their lowest since 2012-13
 "Sebi makes fewer information requests to foreign regulators amid pandemic")
Profit booking sees market cooling off after hitting record highs
Sensex drops 865 pts from day's high; Private banks gain
 "Profit booking sees market cooling off after hitting record highs")
India's lagging automobile stocks face risk of festival season fizzle
Below-normal monsoon rains that have impacted rural demand and the risk of an impending third coronavirus wave are posing a challenge for Indian vehicle makers
 "India's lagging automobile stocks face risk of festival season fizzle")
