Page 12 - Bse
Hindustan Power Exchange backed by BSE, PTC to commence operations
The other two exchanges in the country are Indian Energy Exchange (IEX) and Power Exchange of India ltd (PXIL), of which IEX holds a 98 per cent almost monopoly on the total traded power in country
 "Hindustan Power Exchange backed by BSE, PTC to commence operations")
Stocks to Watch Today: Adani Power, Biocon, Tata Steel, NTPC, PSU Banks
Stocks to Watch Today: Among airline shares, SpiceJet has reported seven aircraft related incidents in the last two months; while IndiGo said has hired over 1,500 cabin crew staff to counter likely at
 "Stocks to Watch Today: Adani Power, Biocon, Tata Steel, NTPC, PSU Banks")
Market litmus turns red as shares erase gains; rupees hits fresh record low
The NSE Nifty50 Index ended down 0.15 per cent at 15,810.85, while the S&P BSE Sensex dropped 0.2 per cent to 53,134.35
 "Market litmus turns red as shares erase gains; rupees hits fresh record low")
ITC hits highest level since May 2019; stock soars 10% in 6 days
ITC has been gaining market share in cigarettes over the last one year through new premium products & aggrieve trade promotions
 "ITC hits highest level since May 2019; stock soars 10% in 6 days")
Indices snap 3-day losing run amid firm global cues; Sensex up 326 pts
The market breadth was in favour of the bulls, with 24 of the 30 Sensex counters logging gains
 "Indices snap 3-day losing run amid firm global cues; Sensex up 326 pts")
Three of top 10 firms lose Rs 73,630 cr in m-cap; RIL biggest loser
The combined market valuation of three of the 10 most valued domestic firms eroded by Rs 73,630.56 crore last week, with Reliance Industries Limited taking the biggest hit
 "Three of top 10 firms lose Rs 73,630 cr in m-cap; RIL biggest loser")
NMDC's steel plant sale may fetch enterprise valuation of up to $4 bn
Lenders, shareholders meeting to demerge steel company on Tuesday
 "NMDC's steel plant sale may fetch enterprise valuation of up to $4 bn")
Mcap of nine of top-10 valued firms jumps Rs 2.51 trn; TCS biggest gainer
Nine of the 10 most valued firms added Rs 2.51 lakh crore to their market valuation last week, with Tata Consultancy Services emerging as the biggest gainer
 "Mcap of nine of top-10 valued firms jumps Rs 2.51 trn; TCS biggest gainer")
Sensex adds 462 pts; Nifty tad below 15,700; auto, banks gain; IT slips
Stock market live updates: The Sensex and Nifty benchmarks are heading for a higher start on Friday, tracking strength in the US overnight and Asian markets this morning. As of 07:00 AM, the SGX Nif
 "Sensex adds 462 pts; Nifty tad below 15,700; auto, banks gain; IT slips")
Spandana Sphoorty-Reddy settlement clears way for announcing FY22 results
Padmaja Reddy resigned from her position as the managing director of the company on November 2, 2021. Subsequently, certain disputes arose between Reddy and the board
 "Spandana Sphoorty-Reddy settlement clears way for announcing FY22 results")
Trading volume dips amid market turmoil, retail investors take a hit
ADTV for cash segment lowest since Feb 2020; retail participation hit, say analysts
 "Trading volume dips amid market turmoil, retail investors take a hit")
Sensex rallies 443 pts; Nifty holds 15,550; Maruti rises 7%, Hero Moto 6%
CLOSING BELL: Maruti Suzuki, Eicher Motors, Hero MotoCorp, Bajaj Auto, M&M, and Tata Motors were the top Nifty gainers, advancing between 3.5 per cent and 6.7 per cent
 "Sensex rallies 443 pts; Nifty holds 15,550; Maruti rises 7%, Hero Moto 6%")
Two individuals offload Poonawalla Fincorp shares worth Rs 120 cr
According to block deal data available with the BSE, Sanjay Chamria and Mayank Poddar sold 27,06,350 shares each at an average price of Rs 222 apiece, taking the transaction size to Rs 120.16 crore.
 "Two individuals offload Poonawalla Fincorp shares worth Rs 120 cr")
Indices extend gains but rupee hits a fresh low; Sensex surges 934 points
Market players also attributed technical factors to the rebound and said it is too early to call it a reversal in fortunes
 "Indices extend gains but rupee hits a fresh low; Sensex surges 934 points")
Jain Irrigation to merge international biz with Temasek-backed Rivulis
The cash proceeds will be used to pay off Rs 2,700 crore of overseas debt
 "Jain Irrigation to merge international biz with Temasek-backed Rivulis")
Investor pushback sees JP Morgan defend Reliance Industries upgrade
On June 16, the firm had set a target price of Rs 3,170 per share, saying RIL was amongst the few large companies in India with a positive earnings revision cycle
 "Investor pushback sees JP Morgan defend Reliance Industries upgrade")
Markets need tourniquet fix: Metal stocks melt down amid fears of recession
BSE Metal Index now down 35% from 2022 highs
 "Markets need tourniquet fix: Metal stocks melt down amid fears of recession")
Pidilite Industries stock gains on sales growth, margin recovery hopes
Easing raw material prices are a key trigger for the adhesive market leader
 "Pidilite Industries stock gains on sales growth, margin recovery hopes")
DII inflows, valuations silver lining in current downcycle, say analysts
Experts remain sanguine on the domestic markets' ability to turn around and believe robust domestic inflows, strong economic indicators, and cheap valuations will strengthen the markets
 "DII inflows, valuations silver lining in current downcycle, say analysts")
More stocks stare at hitting 52-week lows as investor sentiment weakens
An average 267 stocks hit their 52-week lows every day last week on the BSE as the rout took key benchmark gauges to multi-month lows
 "More stocks stare at hitting 52-week lows as investor sentiment weakens")
