Page 10 - Markets

Adani Enterprises surges over 70% in the last 6 trading sessions

Some of the group stocks also hit their upper circuit levels after the group announced that it has repaid share-based financing of Rs 7,374 crore

Sensex extend winning run to 3rd day as financial, energy shares advance

Benchmark Sensex and Nifty closed higher for a third session in a row on Wednesday as fag-end buying in banking, financial and oil stocks helped the indices rebound from early lows amid a bearish trend in global equity markets. Covering-up of short positions by bears supported a late recovery in stocks and helped wipe off losses, traders said. However, a weak rupee against major rivals overseas weighed on market sentiment and restricted gains, they added. In a largely subdued session, the 30-share BSE Sensex ended 123.63 points or 0.21 per cent higher at 60,348.09 as 17 of its constituents gained and 13 declined. The barometer opened lower and stayed negative for most part of the trading session due to losses in Asian markets. Fag-end buying in select index heavyweights helped the index to pare all the losses and settle in the green. During the session, the index touched a high of 60,402.85. The broader NSE Nifty settled higher by 42.95 points or 0.24 per cent at 17,754.40. Nifty

TMS Ep385: India's economic indicators, GQG, markets, Phone Link app

What do India's economic indicators say about Q3 consumption? Why is Rajiv Jain's GQG gung ho on Adani? What are the risks looming over stock markets? What's Microsoft's Phone Link app? Answers here

Is it time to move away from equities and focus on debt? What analysts say

US Fed chair Jerome Powell has reiterated that the Federal Open Market Committee (FOMC) is likely to raise rates further than previously anticipated

Democratic capitalism in peril?

Markets and democracy are not necessarily compatible, and the inherent tensions are becoming more apparent than ever

Investing in stocks? Dump social media, seek advice from regulated entities

Relying on social media platforms puts you at risk of falling prey to pump-and-dump schemes

JSL, JSHL hit new highs ahead of merger; zoom over 100% in 6 months

Jindal Stainless (Hissar) has fixed Thursday, March 9, 2023, as the record date for its merger with Jindal Stainless with a swap ratio of 1: 1.95

Kirloskar Oil Engines surges 18%, hits over 5-yr high after huge block deal

As many as 25.62 million equity shares, representing 17.7 per cent of total equity, worth Rs 825 crore of KOEL changed hands on the NSE, the exchange data shows

Sugar shares in focus; Dwarikesh, Balrampur, Dhampur, Dalmia gain up to 5%

India has a cushion to export an additional 1 million tonnes of the sweetener if the domestic output reaches an estimated 33.6 million tonnes this year

Stocks to Watch: HAL, L&T, Allcargo Logistics, Zee Ent, Power Grid, NBCC

Stocks to Watch: Zee Entertainment has entered a settlement agreement with operational creditor Indian Performing Rights Society to settle all claims and disputes

Share sale overhang on YES Bank as three-year lock-in nears end for lender

Passive trackers likely to sell 67 mn shares; another 1.35 bn could be offloaded by individual investors

MF inflow in equities crosses Rs 1.5-trn for second straight fiscal

Thus far in FY23, MFs have pumped in a net Rs 1.53 trillion in equities till March 1, 2023, Securities and Exchange Board of India (Sebi) data show, as compared to Rs 1.72 trillion in FY22

Sebi issues framework for cloud services adoption by stock exchanges

Markets watchdog Sebi on Monday came out with a framework for the adoption of cloud services by stock exchanges, clearing corporations and other regulated entities. The cloud framework has been drafted to provide baseline standards of security and for the legal and regulatory compliances by the Regulated Entities (REs). It will be in addition to the existing circulars/guidelines/advisories of Sebi. "The major purpose of this framework is to highlight the key risks, and mandatory control measures which REs need to put in place before adopting cloud computing. The document also sets out the regulatory and legal compliances by REs if they adopt such solutions," it said in a circular. The framework will come into force immediately for all new or proposed cloud onboarding assignments/projects of the REs. For REs that are currently availing cloud services should ensure that wherever applicable, all such arrangements are revised and they should be in compliance with the framework within 1

Home construction: Analysts bet on pipe makers; wary on tile, paint segment

The combined market size of the building material sector could touch Rs 2.7 trillion by FY26 from Rs 1.3 trillion in FY22

YES Bank share price flat as SBI's three-year lock-in period ends this week

YES Bank's stock is surrounded by a lot of speculations that the SBI may book at least partial profit and it may lead to more pressure on the stock

Power Grid Corp, NTPC gain 3% each to hit their respective 3-month highs

Power Grid has been declared a successful bidder to establish inter-state transmission system for two projects on build, own operate and transfer (BOOT) basis, in Chhattisgarh.

Wonderla scales record high; Imagicaaworld at 52-wk peak, up 44% in 3 days

The companies said business continues to show an excellent rebound after two years of adverse Covid-19 impact and an overall improvement in the health of operations

TMS Ep382: Sebi crackdown, Bill Gates, markets, pump and dump scheme

Is Sebi finally cracking down on finfluencers? Why is Bill Gates worried about a new virus? Time to buy stocks related to home construction? What is a pump and dump scheme? All answers here

Stocks to Watch: Power Grid, HDFC, Mahanagar Gas, Naukri, IEX, Zydus Life

Stocks to Watch: Mahanagar Gas has entered into a pact to acquire Unison Enviro, a subsidiary of Ashoka Buildcon, for Rs 531 crore

Free markets may not create competition on their own: CEA Nageswaran

'Morality, ethics should undergird free-market economy'