Page 27 - Stock Market Trading

Sensex, Nifty end flat after listless trade; auto stocks rally, banks fall

CLOSING BELL: Reliance Industries, Wipro, IndusInd Bank, Axis Bank, Tech M, Tata Steel, Maruti Suzuki, and M&M were the top Sensex gainers, rising between 0.5 per cent and 1.2 per cent

GE Shipping hits new high on healthy outlook; zooms 126% thus far in 2022

In the past one month, the stock price of GE Shipping has soared 26% after the company reported an over three-fold jump in its consolidated net profit at Rs 731 crore in Q2FY23.

Export quota hike may trigger up to 33% rally in these 3 sugar stocks

Among individual stocks, Shree Renuka Sugars, Ugar Sugar and EID Parry have zoomed up to 169 per cent so far in 2022. Charts indicate further upside for these select stocks.

After up to 44% rally, charts hint more upside in these mid, smallcap stks

Among individual stocks, Union Bank of India has soared 44% so far in November. Bank of India, Amara Raja Batteries, Redington and Jindal Stainless have also logged strong gains.

Fino Payments zooms 36% in 2 days as Capri Global buys 1.3 mn shares

On Wednesday November 23, Capri Global Holdings Private Limited bought 1.32 million shares representing 1.59 per cent of total equity of Fino Payments Bank via open market deals.

Keystone Realtors makes quiet debut, but analysts see long-term value

The stock listed at Rs 555, a 3 per cent premium to its issue price of Rs 541 per share on the NSE and BSE.

Sensex up 92 points, Nifty holds 18,250; Financials soar, Adani Ent dips 3%

CLOSING BELL: SBI, Bajaj Finance gain, while Adani Enterprises slips in trade on Wednesday. Debutant Inox Green Energy ends at 9 per cent discount to its issue price.

Is the bottom near for Nykaa shares? Here's what charts say

Shares of Nykaa have managed to hold ground above its all-time low despite multiple bouts of selling pressure from pre-IPO investors, thus raising hope for the bulls at the counter

Nykaa dips 3% a day after CFO Arvind Agarwal quits; stock nears record low

On Tuesday, private equity firm Lighthouse India sold 18.44 million equity shares worth of Rs 336 crore of FSN E-Commerce Ventures through a block deal.

Indices end three-day losing streak as metal, IT stocks see big gains

Only five counters closed with losses -Nestle India, Bharti Airtel, PowerGrid, HDFC Bank and Kotak Mahindra Bank, slipping up to 0.76%

Titan Case: Sebi levies Rs 2 lakh fine for violating insider trading norms

Capital markets regulator Sebi on Tuesday levied a fine of Rs 2 lakh on an individual for violating insider trading norms in the shares of Titan Company Ltd (TCL). The regulator slapped a fine of Rs 2 lakh on Samik Ghosh (noticee). The transactions were carried out by the designated person/employee of TCL between April 2018 to March 2019. The order came after Sebi received a letter from TCL, wherein the company intimated to the regulator about the contravention of PIT (Prohibition of Insider Trading) rules and the company's code of conduct by some of its designated persons/employees. Thereafter, Sebi conducted an investigation into the scrip of TCL and observed several non-compliances with PIT regulations during the period from April 2018 to March 2019. During the employment, the noticee had transacted in the securities of the firm but failed to make disclosure to the firm under the insider trading norms, as per the Securities and Exchange Board of India (Sebi). The disclosure wa

BNP Paribas Arbitrage offloads 48,00,000 shares of Wipro worth Rs 186 cr

BNP Paribas Arbitrage on Tuesday offloaded shares of IT company Wipro for Rs 186 crore through the open market transactions. According to the block deal data available with the BSE, BNP Paribas Arbitrage sold 48,00,000 shares of the company in two tranches. The shares were disposed of at an average price of Rs 387 per piece, taking the transaction value to Rs 185.76 crore. Meanwhile, Societe Generale acquired the company's shares at the same price. Shares of Wipro closed 0.09 per cent higher at Rs 388.85 apiece on BSE.

Sebi extends deadline for settlement scheme on illiquid stock options cases

Markets regulator Sebi has extended the deadline of the settlement scheme on illiquid stock options cases till January 21 for the entities who were involved in reversal trades in the stock options segment on BSE in 2014 and 2015. The Settlement Scheme 2022, which commenced on August 22, was scheduled to end on November 21. However, it has been observed during the last few days, a large number of entities have shown interest in availing the scheme. Considering the interest of entities in availing the scheme, the competent authority has extended the period of the scheme till January 21, 2023, Sebi said in the notice. The scheme provides an opportunity for the entities who have executed reversal trades in the illiquid stock options segment from April 1, 2014, to September 30, 2015, and against whom enforcement action initiated by Sebi is pending to settle the case. The present scheme has been made easier as the entities can apply online instead of submission of physical papers. The ..

Sensex snaps 3-day losing streak, rises 274 pts; Paytm slumps 11%, PSBs up

CLOSING BELL: Shares of Paytm hit an intra-day low of Rs 474 apiece, and ended at Rs 475.

SBI Card, Bandhan Bk: 5 stocks can drop up to 13% if mkt sell-off deepens

Market participants usually opt for mid-cap or small-cap stocks. But, if one fails to pick the right stock, investment in such stocks can result into huge losses

Paytm hits new all-time low, stock tanks 26% in two weeks

Shares of Paytm hit a new low at Rs 483.30 on the BSE in Tuesday's intra-day trade, thus were now trading 77 per cent below the company's IPO price of Rs 2,150 per share.

JK Paper jumps 4% on acquiring majority stake in Horizon Packs and SPPL

The shift in consumer preferences are driving demand for superior quality, eco-friendly packaging, JK Paper said.

Kaynes Technology makes stellar debut, lists at 33% premium to issue price

The stock listed at Rs 778 on the NSE, a premium of 33 per cent over its issue price of Rs 587 per share.

Here's why Mehul Kothari recommends to Buy Page Industries, Sell TCS

According to the technical analyst from Anand Rathi, TCS can decline to Rs 3,160; whereas Page Industries can witness a sharp rally to Rs 48,500 level.

Changing sentiment: Fed policy, China Covid curbs cloud market optimism

Sensex, Nifty drop for third straight session; rupee weakens