Page 8 - Bse

Recession fears hit equities; Sensex sinks 1,093 pts, Nifty gives up 17,550

CLOSING BELL: PSU banks, auto, IT, metal, and realty stocks plunged the most on the bourses. Their respective indices on the National Stock Exchange declined between 2 and 4 per cent

SBI Card raises Rs 500 cr through bonds on private placement basis

SBI Cards and Payment Services (SBI Card) has raised Rs 500 crore by issuing bonds on a private placement basis. The pure-play credit card issuer said it allotted 5,000 fixed rate, unsecured, taxable and redeemable bonds on Thursday, in the nature of non-convertible debentures of Rs 10 lakh each aggregating to Rs 500 crore. The tenure of the bonds is three years and is set to mature on September 15, 2025. The bonds bear a coupon of 7.39 per cent per annum. On Thursday, shares of SBI Card closed flat at Rs 958.20 apiece on the BSE.

Sensex down 413pts, Nifty holds 17,850; Ceat soars 20%, MRF 7%; IT stks dip

CLOSING BELL: IT, pharma, and select metal stocks reeled under pressure today with Hindalco, Infosys, Cipla, Tech M, Tata Steel, Divis Labs, and Apollo Hospitals leading the list of Nifty losers

Sensex gyrates 1,232 pts, ends 224 pts down; Nifty holds 18,000; banks jump

CLOSING BELL: Financials, largely banks, along with metals gave muscle to the bounce back with the Nifty Metal and the Nifty Bank indices rising over 1 per cent each

Bull run enters 4th day; Sensex up 456 pts, Nifty tops 18,050; metals lead

CLOSING BELL: Top large-cap gainers were Bajaj Finserv, IndusInd Bank, Bharti Airtel, Tata Consumer Products, L&T, Britannia, Bajaj Finance, SBI Life, and Tata Motors.

Abrdn to offload 2% in HDFC Life in block trades, put 43 mn shares on block

Price range set at Rs 564.1-578.55 per share; sale could fetch UK-based financial major at least Rs 2,425.6 cr

Central Bank withdraws IBC case as Aban Offshore pays one-time settlement

The company has repaid outstanding principal of Rs 121.78 crore to the bank, is in talks with other lenders for debt resolution plan

Reliance Infra had filed arbitration claim of Rs 500 crore: Adani

Reacts to RInfra statement of last week, which said it has filed a claim of Rs 13,400 crore; Adani says it has filed counterclaims

Top Gainers and Losers, NSE: TECHM grows 3.4%; ULTRAMCEMCO falls 1.9%

Today NSE Top Gainers and Top Loser, 9 Sept: Tech Mahindra rose by 3.4 percent, UltraTech cement falls by 1.97 percent. Read this detailed report on gainers and losers in National Stock Exchange

Sensex ends choppy day 105 points higher; IT stocks lead; Financials weigh

CLOSING BELL: Among individual stocks, Tech M, IndusInd Bank, Infosys, HCL Tech, Maruti Suzuki, SBI, and TCS were the top large-cap winners

Aprameya Engineering files papers with SEBI to raise funds via IPO

Medical equipment manufacturer Aprameya Engineering has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO comprises the sale of fresh issue of up to 50 lakh equity shares of the company and there is no offer for sale (OFS) component, draft red herring prospectus (DRHP) filed with Sebi showed on Thursday. Funds will be used to meet working capital requirements and for general corporate purposes. The company is engaged in the business of healthcare infrastructure like installation, set up and maintenance of ICU, operation theatre and prefabricated structure ward on a turnkey basis along with the supply of high-value healthcare equipment and diagnostic equipment to hospitals. Hem Securities Ltd is the sole book-running lead managers to the issue. The equity shares of the company will be listed on the BSE and NSE.

ICICI, Axis, HDFC Bank lift Sensex 659 pts, Nifty near 17,800; metals dip

CLOSING BELL: Shree Cement, BPCL, Tech M, Axis Bank, M&M, ICICI Bank, Ultratech Cement, Bharti Airtel, Bajaj Finserv, and SBI gained in the range of 2 per cent to 5 per cent

Stocks to Watch: NDTV, Dr.Reddy's, IndiGo, SBI, Zee, Consumer Firms

Stocks to Watch Today: NDTV open offer to start from October 17. IndiGo's co-promoter Rakesh Gangwal likely to sell up to 2.8 per cent stake in open market.

RBI releases 'alert list' of 34 entities barred from forex trades

List not exhaustive, must not assume those not on it are authorised for such trades

Standard Chartered Bank offloads CG Power shares of worth Rs 298 cr

Standard Chartered Bank (Singapore) Ltd offloaded 1.38 crore shares of CG Power and Industrial Solutions shares for Rs 298 crore on Wednesday through an open market transaction. According to block deal data available with BSE, Standard Chartered Bank (Singapore) Ltd sold 1,38,45,000 shares in six tranches, amounting to a 0.91 per cent stake in the company. The shares were disposed of at an average price of Rs 215 apiece, taking the transaction value to Rs 297.66 crore. Meanwhile, Societe Generale, DSP Mutual Fund and HDFC Life Insurance company Ltd picked up the shares of the company. Shares of CG Power and Industrial Solutions closed 1.65 per cent higher at Rs 219.25 on BSE.

Sensex slips 168 pts, Nifty below 17,650; Ultratech up 4.5%, TaMo down 2.5%

The resilience of the broader markets, however, continued on the bourses with the BSE MidCap and SmallCap indices advanced 0.5 per cent and 0.75 per cent, respectively

Reliance Industries to acquire 79.4% stake in US-based SenseHawk for $32 mn

California-based SenseHawk, which was founded in 2018, is an early-stage developer of software-based management tools for the solar energy generation industry

Sebi's stricter F&O inclusion criteria may weed out 30 stocks: Analyst

According to the current rule around impact cost, a stock's median quarter-sigma order size over the past six months cannot be not less than Rs 25 lakh

DreamFolks Services' shares surge nearly 42% in stock market debut

Shares of airport service aggregator DreamFolks Services ended nearly 42 per cent higher in its debut trade on Tuesday against the issue price of Rs 326. The stock was listed at Rs 505, registering a jump of 54.90 per cent from the issue price on the BSE. During the day, it rallied 68.71 per cent to Rs 550. Shares of the company ended at Rs 462.65 apiece, higher by 41.91 per cent. On the NSE, the company made its debut at Rs 508.70, a jump of 56 per cent and settled at Rs 462.85 apiece, rallying 41.97 per cent. In volume terms, 16.52 lakh shares of the company were traded on the BSE and over 2.68 crore shares on the NSE during the day. The company commanded a market valuation of Rs 2,417.35 crore. The Initial Public Offer (IPO) of DreamFolks Services was subscribed 56.68 times last month. The IPO was entirely an Offer-For-Sale (OFS) of 1,72,42,368 equity shares and was priced in the range of Rs 308-326 a share. The company facilitates consumers' access to airport-related service

Sensex ends choppy day 49 pts down; DreamFolks rallies 42%; pvt banks weak

DreamFolks Services made a strong stock market debut as its shares got listed at Rs 508.70, a 56 per cent premium over its issue price of Rs 326 per share on the National Stock Exchange (NSE)