Markets News
Despite short-term blip, Sun Pharma remains favourite among investors
According to Bloomberg, 30 of 41 analysts are bullish on Sun Pharma, while the remaining seven have a neutral rating and only 4 are bearish
 "Despite short-term blip, Sun Pharma remains favourite among investors")
NSE imposes new eligibility conditions for SME IPOs day after Sebi nod
Changes made just a day after Sebi's decision to tighten norms
 "NSE imposes new eligibility conditions for SME IPOs day after Sebi nod")
Sebi directs MIIs to adopt uniform policy on data sharing for research
These market infrastructure institutions (MIIs) have been asked to segregate such data into two baskets-one that can be shared with the public and the second that cannot be made public
 "Sebi directs MIIs to adopt uniform policy on data sharing for research")
Forex reserves drop $2 bn to $652.86 bn, a nearly six-month low: RBI data
Expressed in US dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves
 "Forex reserves drop $2 bn to $652.86 bn, a nearly six-month low: RBI data")
Accenture Q1 earnings, strong US economy bode well for IT stocks: Analysts
Stock Market Today: The Nifty IT index, eventually, settled 2.6 per cent lower on the National Stock Exchange (NSE) at 44,954 level. By comparison, the Nifty50 index ended 1.5 per cent down at 23,587
 "Accenture Q1 earnings, strong US economy bode well for IT stocks: Analysts")
Sensex slips 4000 pts this week, Nifty below 23600: Why markets are falling
Market crash today: The 30-share Sensex tumbled 1,176.46 points, or 1.49 per cent, to end Friday's trading session at 78,041.59
 "Sensex slips 4000 pts this week, Nifty below 23600: Why markets are falling")
Stock Market Crash Highlights: Sensex sinks 1176pts, Nifty settles at 23,587; all sectors end in red
Markets Crash Today: Broader markets fell more than the benchmarks, with the Nifty Midcap100 and Nifty Smallcap100 indices ending lower by 2.82 per cent and 2.19 per cent, respectively
 "Stock Market Crash Highlights: Sensex sinks 1176pts, Nifty settles at 23,587; all sectors end in red")
Reliance Industries dips to 52-week low: What's behind 5% drop in one week?
RIL hit a 52-week low of Rs 1,210.15 on the BSE has declined 24 per cent from its record high level of Rs 1,608.95 (adjusted to bonus) touched on July 8, 2024.
 "Reliance Industries dips to 52-week low: What's behind 5% drop in one week?")
IPO Calendar: 14 public offerings to keep the investors busy next week
From opening to allotment and listing, here is the complete list of IPO activities set to keep investors busy next week
 "IPO Calendar: 14 public offerings to keep the investors busy next week")
Siemens shares slip 9%, record sharpest intraday fall in over six months
Siemens share price: Earlier, on June 4, 2024, Siemens share price had tanked 20 per cent in intraday trade
 "Siemens shares slip 9%, record sharpest intraday fall in over six months")
Here's why Alembic Pharma was buzzing in trade on December 20, details here
Alembic Pharma share rose after the company announced that it has received final approval from the USFDA for its ANDA Divalproex Sodium Delayed-Release Capsules USP, 125 mg
 "Here's why Alembic Pharma was buzzing in trade on December 20, details here")
Dividend, Bonus: Vedanta, Mazagon Dock, 4 others to trade ex-date next week
Here is the complete list of stocks turning ex-date next week for their respective corporate actions, as per BSE data, along with key details
 "Dividend, Bonus: Vedanta, Mazagon Dock, 4 others to trade ex-date next week")
Sanathan Textiles IPO day 2: Check subscription status, GMP & other details
In the grey market, the unlisted shares of Sanathan Textiles were trading at Rs 391 apiece, as per sources, commanding a grey market premium (GMP) of 21.81 per cent or Rs 70 per share
 "Sanathan Textiles IPO day 2: Check subscription status, GMP & other details")
Breakout stock: GIC RE share price up 12%, hits record high on heavy volume
Breakout stocks: The strong surge in GIC RE share came as the stock witnessed a multi-year trendline breakout roughly above Rs 400 level
 "Breakout stock: GIC RE share price up 12%, hits record high on heavy volume")
Steel Strips Wheels up 4% on bagging deal worth Rs 136 cr from European co
Shares of Steel Strips Wheels gained up to 3.75 per cent at Rs 207 per share on the BSE in Friday's intraday trade
 "Steel Strips Wheels up 4% on bagging deal worth Rs 136 cr from European co")
This solar photovoltaic company stock has skyrocketed 2,000% in 17 months
Websol Energy Systems shares hit a new high of Rs 1,774.50 in intra-day today; they have rallied 40% thus far in the month of December
 "This solar photovoltaic company stock has skyrocketed 2,000% in 17 months")
GE Vernova share price gains 4%, hits all-time high on Rs 400 cr-order win
The rise in GE Vernova share price came after the company announced that it has secured an order worth over Rs 400 crore from Sterlite Grid 32 Limited
 "GE Vernova share price gains 4%, hits all-time high on Rs 400 cr-order win")
RBL Bank share price drops 11% in 5 days; what's weighing on stock?
RBK bank share price: Reports suggest global brokerage Morgan Stanley has cut RBL Bank's share price target to Rs 160 from Rs 180
 "RBL Bank share price drops 11% in 5 days; what's weighing on stock?")
Why Brainbees Solutions, parent to FirstCry gained 4% in trade on Dec 20?
JM Financial believes that FirstCry has the potential to dominate the childcare segment in India with an improving gross margin
 "Why Brainbees Solutions, parent to FirstCry gained 4% in trade on Dec 20?")
Mamata Machinery IPO Day 2: Subscription soars 23x, GMP zooms 107%
Mamata Machinery shares were trading at Rs 503 apiece, reflecting a grey market premium (GMP) of Rs 260 or 107 per cent per share over the upper end of the IPO price band of Rs 243
 "Mamata Machinery IPO Day 2: Subscription soars 23x, GMP zooms 107%")
