Page 56 - Latest Updates on Stock Market
Finance ministry asks Sebi to revoke 100-year maturity rule on AT1 bonds
Revised norms to treat all perpetual bonds as 100-year tenor to be withdrawn
 "Finance ministry asks Sebi to revoke 100-year maturity rule on AT1 bonds")
Robust launches to drive growth momentum for Oberoi Realty in FY22
The company is the top pick of brokerages in the realty space
 "Robust launches to drive growth momentum for Oberoi Realty in FY22")
World stock markets hit two-week high as inflation concerns abate
The yield on the benchmark 10-year Treasury note fell as low as 1.475%, the first time it had dipped below 1.5% in a week. It last fell 2/32 in price to yield 1.5266%, from 1.52% late on Wednesday
 "World stock markets hit two-week high as inflation concerns abate")
Kalyan Jewellers' IPO opens on March 16; price band fixed at Rs 86-87
Promoter TS Kalyanaraman is selling shares worth Rs 125 crore and Warburg Pincus is selling shares worth Rs 250 crore in the IPO
 "Kalyan Jewellers' IPO opens on March 16; price band fixed at Rs 86-87")
Asian stocks trail their US peers for third week, shows data
While a rout in Chinese equities and global concerns about rising Treasury yields have weighed on shares in Asia, the US market is seen getting a boost from an impending $1.9 trillion stimulus plan
 "Asian stocks trail their US peers for third week, shows data")
Explained: What is driving so many retail investors to the IPO market?
Flurry of activity in post-Covid era, average retail applications for 20 issues since Sept have nearly tripled
 "Explained: What is driving so many retail investors to the IPO market?")
Sensex, Nifty rise for third straight day tracking global markets
At the closing bell, the BSE gauge quoted 254.03 points or 0.50 per cent higher at 51,279.51 - taking its three-session gains to 874.19 points or 1.73 per cent
 "Sensex, Nifty rise for third straight day tracking global markets")
Gas price, higher yield curve better indicators of disquiet than stock mkts
Amid the celebratory noises coming from liquidity-fueled equity markets, it's worth remembering that Covid-19 hasn't gone away yet
 "Gas price, higher yield curve better indicators of disquiet than stock mkts")
Bull run continues for 3rd day; Sensex ends 254 pts up; IT, metal stks jump
Among sectoral indices, the Nifty Metal index remained the star performer today, closing 1.8 per cent higher, followed closely by the Nifty IT index (up 1.6 per cent).
 "Bull run continues for 3rd day; Sensex ends 254 pts up; IT, metal stks jump")
Bharat Petroleum stock falls as it sells Rs 5,525 crore of treasury shares
According to data provided by stock exchanges, BPCL Trust for Investment in Shares sold 126 million shares (5.81 per cent equity) of the company at Rs 438.4 apiece for a total of Rs 5,525 crore
 "Bharat Petroleum stock falls as it sells Rs 5,525 crore of treasury shares")
Financials lead in Sensex's 584 pts rally, tops 51K; BPCL dips 4.5%
The broader markets were under pressure today with the S&P BSE MidCap and SmallCap indices closing 0.6 per cent and 0.4 per cent down, respectively
 "Financials lead in Sensex's 584 pts rally, tops 51K; BPCL dips 4.5%")
Stock markets eke out gains amid bond yield, crude oil price concerns
Market sentiment tracked global shares, which were mixed as initial optimism over the US Senate's passing of a $1.9 trillion stimulus bill gave way to inflation fears
Rising crude prices could put OMC margins under pressure, hurt stock rally
While analysts expect excise duty cuts or price hikes to offset pressure on marketing margins, there is some uncertainty currently; Oil producers seen gaining
 "Rising crude prices could put OMC margins under pressure, hurt stock rally")
Weak global cues, high Brent crude cap gains on D-St; Sensex ends 36 pts up
Trends among sectoral indices remained muted with the Nifty PSU Bank, Metal, and IT indices ending up to 1.5 per cent higher on the NSE.
 "Weak global cues, high Brent crude cap gains on D-St; Sensex ends 36 pts up")
IPO party going strong, shrugs off bond jitters; MTAR IPO subscribed 200x
Meanwhile, shares of agro chemical company Heranba Industries rose about 50 per cent on debut
 "IPO party going strong, shrugs off bond jitters; MTAR IPO subscribed 200x")
Surging yields drag indices: Sensex falls 440 pts, Nifty ends at 14,938
10-year US Treasury yield crosses 1.5% again following Powell's comments
 "Surging yields drag indices: Sensex falls 440 pts, Nifty ends at 14,938")
Bears return to D-Street after 3 days; Sensex tanks 598 pts, ends below 51K
The US bond yields which have become influential on stock prices, globally, spiked to 1.48 per cent
 "Bears return to D-Street after 3 days; Sensex tanks 598 pts, ends below 51K")
RIL, banks lift indices for 3rd day; Sensex gains 1,148 pts, ends above 51K
he frontline Nifty50 index made a dash for 15,300-mark in the intra-day trade, and hit a high of 15,273.
Best of BS Opinion: Dealing with cyber-attacks, don't cut fuel taxes & more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Dealing with cyber-attacks, don't cut fuel taxes & more")
Earnings estimates of India Inc see upgrade after strong Q3 results
Analysts at top brokerages raise FY21-FY23 estimates by 5-6%
 "Earnings estimates of India Inc see upgrade after strong Q3 results")
