Page 47 - Latest Updates on Stock Market
Sebi makes it mandatory for brokers to report client-level collateral
Markets regulator Sebi on Tuesday came out with a framework for segregation and monitoring of collateral at client level amid instances of misuse of client collateral by trading members.
 "Sebi makes it mandatory for brokers to report client-level collateral")
Bumper listing for GR Infra at 2x the issue price, Clean Science up 76%
GR Infra's listing day gains were best this year after Indigo Paints, while the surge in Clean Science is now the fourth best, behind MTAR Tech
 "Bumper listing for GR Infra at 2x the issue price, Clean Science up 76%")
Irrational exuberance over Zomato
Zomato is essentially a "concept stock" because it has neither made profits, nor has issued any guidance on ever getting to profitability, notes Shyamal Majumdar
Covid-19 surge sparks bond rally, stocks on worst run in 18 months
The Dow Jones Industrial Average dropped more than 2% mid-morning on Monday, with the S&P 500 falling 1.5%. The Nasdaq Composite fell nearly 1%.
 "Covid-19 surge sparks bond rally, stocks on worst run in 18 months")
Biocon controversy: Sebi's insider trading laws may need an overhaul
Sebi regulations define "insider" as a company associate who is trading in the company's shares based on unpublished price sensitive information (UPSI) to make a quick buck
 "Biocon controversy: Sebi's insider trading laws may need an overhaul")
Pipe makers face margin pressure; may underperform in the near term
While the sector has grown at 10% over the last five years till FY21, it is expected to grow at a faster pace of 12% until FY25
 "Pipe makers face margin pressure; may underperform in the near term")
Stock prices dance to US Fed tune: The Nifty50 rose 14% in 2021
Since the outbreak of the pandemic, the US Fed's balance sheet has risen 76 per cent from $4.2 trillion in March 2020 to $ 8.2 trillion on Wednesday
 "Stock prices dance to US Fed tune: The Nifty50 rose 14% in 2021")
Zomato allots shares worth Rs 4,195 cr to anchor investors ahead of IPO
Sources said the anchor book saw over 30x more demand than the shares on offer. The total interest generated was in excess of Rs 1 trillion
 "Zomato allots shares worth Rs 4,195 cr to anchor investors ahead of IPO")
With Zomato's offering, fresh fundraising via IPOs set to hit 14-year high
All-time high not far away with Paytm planning fresh issue of Rs 12,000 cr
 "With Zomato's offering, fresh fundraising via IPOs set to hit 14-year high")
Valuing growth
Start-up listings will open up opportunities
Madhur Deora to Renu Satti, meet Paytm's key managerial personnel
According to Securities and Exchange Board of India regulations, the DRHP or offer document is required to have details about directors, promoters and key management personnel
 "Madhur Deora to Renu Satti, meet Paytm's key managerial personnel")
583 stocks hit upper circuit amid subdued market; indices end flat
Propelled by this, the BSE SmallCap index hit a new high of 26,168 in the intraday trade on Monday, but closed at 26,068.
 "583 stocks hit upper circuit amid subdued market; indices end flat")
Digital payments start-up MobiKwik files for Rs 1,900-crore offering
MobiKwik is the latest among tech majors wanting to list on stock exchanges. Food delivery start-up Zomato will launch its IPO on Wednesday
 "Digital payments start-up MobiKwik files for Rs 1,900-crore offering")
'Christie fiction': Biocon chief slams Sebi order on Allegro Capital
The case dates back to January 2018, when Biocon had announced an exclusive global collaboration with Sandoz on next-generation biosimilars
 "'Christie fiction': Biocon chief slams Sebi order on Allegro Capital")
Indices' losing run continues amid selling pressure; Bajaj Auto falls 1%
Banking, finance and IT counters accounted for most of the losses, while strong demand for metal stocks cushioned the fall
 "Indices' losing run continues amid selling pressure; Bajaj Auto falls 1%")
GR Infra Projects, Clean Science IPOs subscribed close to 100x each
Attract bids worth over Rs 1.73 trillion
 "GR Infra Projects, Clean Science IPOs subscribed close to 100x each")
Zomato's Rs 9,375-crore IPO to bring bonanza for Info Edge, Sequoia, Goyal
The existing shareholders of the company are set to make gains in the range of 50 per cent to 6,450 per cent on their investments
 "Zomato's Rs 9,375-crore IPO to bring bonanza for Info Edge, Sequoia, Goyal")
High valuation of $8 billion makes Zomato's offer less appetising
Competitive intensity, customer acquisition costs likely to delay profitability
 "High valuation of $8 billion makes Zomato's offer less appetising")
Correction in bank stocks offers a good entry point: Gautam Duggad, MOFSL
The banking space offers tremendous long term opportunities, especially large-cap banks like HDFC Bank, ICICI Bank, Axis Bank and State Bank of India, says Duggad
 "Correction in bank stocks offers a good entry point: Gautam Duggad, MOFSL")
IPO deluge, muted Q1 show and Fed taper to weigh on FPI mood in near term
Large secondary sales likely as FPIs reallocate portfolios to IPOs; sharp rise in dollar could see them pull out of India
 "IPO deluge, muted Q1 show and Fed taper to weigh on FPI mood in near term")
