Page 9 - Latest Updates on Stock Market
Market capitalisation of BSE NSE listed firms hits new peak of Rs 434.9 trn
Rising for the third straight session, the 30-share BSE Sensex climbed 181.87 points, or 0.24 per cent, to settle at a new closing peak of 76,992.77
 "Market capitalisation of BSE NSE listed firms hits new peak of Rs 434.9 trn")
Market capitalisation of BSE-listed firms hits new peak of Rs 434.9 trn
Rising for the third straight session, the 30-share BSE Sensex climbed 181.87 points, or 0.24 per cent, to settle at a new closing peak of 76,992.77
Skin in the game: MFs have bet over Rs 80,000 cr on their own schemes
This has meant that the share of total assets has fallen to 1.8 per cent in March 2023 from 3.4 per cent in March 2019 as seen in chart 1 (click image for interactive chart).
 "Skin in the game: MFs have bet over Rs 80,000 cr on their own schemes")
Sensex ends off record high, rises 195 pts; HDFC twins gain 2%, ITC dips
Closing Bell on June 21, 2023: The benchmark S&P BSE Sensex scaled a fresh all-time high of 63,588 on the BSE in the intra-day trade on Wednesday
MARKET LIVE: Sensex up 100 pts, Nifty tests 18,200; SBI slips post Q4 nos
Stock Market Live on May 18, 2023: Stock of Restaurant Brands Asia surged 11 per cent amid reports Everstone is looking to sell its entire stake in the company
 "MARKET LIVE: Sensex up 100 pts, Nifty tests 18,200; SBI slips post Q4 nos")
 "Enrich Money Provides Actionable Insights into Nifty 50, Bank Nifty, Nifty Futures")
Pricol hits record high on heavy volumes; surges 30% in last 10 sessions
Pricol is expected to register steady business performance on healthy demand for its products from OEMs and export customers and sustain its operating profitability at current levels, as per analysts
 "Pricol hits record high on heavy volumes; surges 30% in last 10 sessions")
Paytm stock gains as gross merchandise value rises 40% in March quarter
Firms says it has hit a new milestone in offline payments with 6.8 million devices deployed
 "Paytm stock gains as gross merchandise value rises 40% in March quarter")
Stock markets closed today; check full list of 2023 market holidays here
Share market holiday: According to the list of trading holidays on the website of BSE, apart from today's holiday, the stock market will remain closed for 11 more days in 2023
 "Stock markets closed today; check full list of 2023 market holidays here")
Markets log biggest 1-day jump in over 4 months; RIL, ICICI lead charge
Three-month losing run ends; RIL, ICICI Bank lead charge
 "Markets log biggest 1-day jump in over 4 months; RIL, ICICI lead charge")
Recap FY23: Five key events that shaped equity markets this fiscal year
The turbulence in FY23 can be attributed to a concoction of interest rate hikes, foreign investment outflows, a global war, soaring food, fuel prices and a global banking crisis
 "Recap FY23: Five key events that shaped equity markets this fiscal year")
Astec Lifesciences zooms 37% in two days on heavy volumes
With the rally in the past two days, the stock has bounced back 40 per cent from its 52-week low of Rs 1,050 touched recently on Tuesday, March 28
 "Astec Lifesciences zooms 37% in two days on heavy volumes")
After worst streak in 22 years, India's $3 trn mkt positioned for a rebound
After outperforming over the past two years, Indian stocks are Asia's worst performers in 2023 amid concerns over monetary policy tightening and weak sentiment due to value erosion at the Adani Group
 "After worst streak in 22 years, India's $3 trn mkt positioned for a rebound")
Govt asks IAS, IPS, IFS officers to inform about mkt related transactions
The Centre has asked IAS, IPS and IFS officers to intimate it in case the total transactions in stock, share or other investments exceed their six months' basic pay during a calendar year
 "Govt asks IAS, IPS, IFS officers to inform about mkt related transactions")
Stock markets closed today: Check full list of 2023 market holidays here
Share market holiday: According to the list of trading holidays on the website of BSE, apart from today's holiday, the stock market will remain closed for 12 more days in 2023
 "Stock markets closed today: Check full list of 2023 market holidays here")
Indian stock market to remain closed today on account of Ram Navami
Stock market holiday: The Multi Commodity Exchange (MCX) will open for trading in the evening session at 5 PM
Adani shares tumble on report group seeking time to pay ACC, Ambuja debt
ACC dropped 4.8% to its lowest since Feb. 2021 and Ambuja Cement slipped 4.2%
 "Adani shares tumble on report group seeking time to pay ACC, Ambuja debt")
PNC Infra rallies 8% on bagging Rs 819 crore highway project
The company has been declared L1 (lowest) bidder for a highway project for Ministry of Road Transport & Highways (MORT&H) with a bid project cost of Rs 819 crore
 "PNC Infra rallies 8% on bagging Rs 819 crore highway project")
Kalyan Jewellers tanks 11% on large block deal; over 39 mn shares exchanged
According to a media report, Warburg Pincus, one of the key investors in KJIL, was likely to offload a 2.5 per cent stake in the company through a block deal today
 "Kalyan Jewellers tanks 11% on large block deal; over 39 mn shares exchanged")
Inflation, rate hikes play market party poopers in FY23; smallcaps hit hard
The small-caps were hit on the chin with the S&P BSE Small-cap index slipping nearly 7 per cent thus far during in FY23, underperforming the S&P BSE Midcap and the BSE 500 indexes
 "Inflation, rate hikes play market party poopers in FY23; smallcaps hit hard")
