Page 17 - Latest Updates on Stock Market
Sensex jumps 2,300 pts, Nifty above 22,600: Why markets rallied on June 5?
The recovery came after the ruling Bhartiya Janata Party (BJP) looked firm in securing support from its allies to form a coalition government
 "Sensex jumps 2,300 pts, Nifty above 22,600: Why markets rallied on June 5?")
Explained: What is pump and dump scheme in stock market and how to be safe
The pump and dump schemes are operated through recommendations shared through Telegram and other social media channels, resulting in public shareholders purchasing the stock at an inflated price
 "Explained: What is pump and dump scheme in stock market and how to be safe")
Investors subscribe Kronox Lab Sciences IPO 24.57 times on 2nd day of offer
The quota for non-institutional investors got subscribed 52.92 times while the category for Retail Individual Investors (RIIs) fetched 24.52 times subscription
 "Investors subscribe Kronox Lab Sciences IPO 24.57 times on 2nd day of offer")
BJP's coalition govt may not be 'reformist'; what it means for markets?
Going by the Lok Sabha election results trend, Analysts now believe that a coalition government for the BJP seems all the more probable
 "BJP's coalition govt may not be 'reformist'; what it means for markets?")
Investors lose Rs 39 trn as INDIA bloc's tally jumps above street estimates
As of 13:03 PM; NDA was leading on 292 seats and the INDIA Alliance was ahead on 233 seats, while others were on top of 18 seats
 "Investors lose Rs 39 trn as INDIA bloc's tally jumps above street estimates")
Mid, SmallCap indices fall up to 5% amid tough fight for BJP in LS polls
This came after investors resorted to profit booking while tracking early trends indicating a closer contest between the BJP-led NDA and INC-led INDIA Alliance, diverging from exit poll predictions
 "Mid, SmallCap indices fall up to 5% amid tough fight for BJP in LS polls")
Investors subscribe Kronox Lab Sciences IPO 11 times on 1st day of offer
The initial public offer of Kronox Lab Sciences got subscribed 11.06 times on the first day of subscription on Monday.
Investors gain Rs 12.48 trillion from sharp market rally in early trading
The exit poll numbers are very strong for the incumbent government, Narendra Solanki, Head Fundamental Research - Investment Services, Anand Rathi Shares and Stock Brokers, said
 "Investors gain Rs 12.48 trillion from sharp market rally in early trading")
Equity futures jump as markets cheer likely third term for PM Modi
NIFTY 50 index futures were up about 2.6 per cent in early trade, according to NSE International Exchange data
 "Equity futures jump as markets cheer likely third term for PM Modi")
LIC's Adani group portfolio value surges 51.6% at Rs 66,000 crore
LIC trimmed its stake in group flagship Adani Enterprises from 4.26 per cent to 3.93 per cent over the past year
 "LIC's Adani group portfolio value surges 51.6% at Rs 66,000 crore")
LS poll result, RBI interest rate decision key events to watch this week
Exit polls on Saturday predicted that Prime Minister Narendra Modi will retain power for a third straight term, with the NDA expected to win a big majority in the polls
 "LS poll result, RBI interest rate decision key events to watch this week")
Stocks, bonds set to gain as exit polls show landslide win for PM Modi
The polls suggest the Bharatiya Janata Party-led alliance will clinch substantially more seats than the 272 required for a majority in the 543-seat lower house of parliament
 "Stocks, bonds set to gain as exit polls show landslide win for PM Modi")
Top 100 firms must verify market rumours within 24 hrs starting today
Under the Sebi's rule, these companies will have to 'confirm, deny, or clarify any reported event or information in the mainstream media that is not general in nature
 "Top 100 firms must verify market rumours within 24 hrs starting today")
BSE acquires entire equity stake of S&P Dow Jones Indices in Asia Index
In a statement, BSE said AIPL will continue to provide its services to clients who are subscribed to AIPL's indices or data products
Sebi slaps Rs 2.5 cr fine on TIL, former officials over 'fake' transactions
The fine needs to be paid within 45 days, the Securities and Exchange Board of India (Sebi) said in its order
 "Sebi slaps Rs 2.5 cr fine on TIL, former officials over 'fake' transactions")
Kronox Lab Sciences IPO to open Jun 3; price band at Rs 129-136 per share
The three-day initial public offering (IPO) will conclude on June 5 and the bid for anchor investors will open for a day on May 31, according to the Red Herring Prospectus (RHP)
Global investors lift India's derivative holdings to record $101 bn
Foreign funds' open interest, or the number of contracts outstanding in value terms, reached 8.4 trillion rupees ($101 billion) on the National Stock Exchange Tuesday
 "Global investors lift India's derivative holdings to record $101 bn")
TCPL Packaging stock zooms 8% post Q4 earnings; margins improve YoY
TCPL Packaging PAT was registered at Rs 37.7 crore in Q4FY24 as against Rs 35.7 crore in Q3FY24, a rise of 6 per cent YoY
 "TCPL Packaging stock zooms 8% post Q4 earnings; margins improve YoY")
Fewer BJP seats than 2019 will disappoint the market, says Mukul Kochhar
Kochhar explains that securing fewer than 303 seats would suggest the BJP has possibly peaked
 "Fewer BJP seats than 2019 will disappoint the market, says Mukul Kochhar")
Markets may witness gradual up-move ahead of LS poll results: Analysts
Benchmark indices, which had a record-breaking rally last week, would also track global oil benchmark Brent crude and the rupee-dollar trend
 "Markets may witness gradual up-move ahead of LS poll results: Analysts")
