Page 7 - Latest Updates on Stock Market
Sebi order on Axis Capital: Axis Bank says complied with regulatory norms
Bank's arm was restrained by Sebi from taking new assignment as merchant banker in debt segment
 "Sebi order on Axis Capital: Axis Bank says complied with regulatory norms")
Investors subscribe Arkade Developers' IPO 29.42 times offer size on day 3
The Rs 410-crore initial share sale received bids for 69,94,46,440 shares against 2,37,75,719 shares on offer, according to NSE data
 "Investors subscribe Arkade Developers' IPO 29.42 times offer size on day 3")
Oswal Pumps files IPO papers with Sebi to raise Rs 1k cr via fresh issue
The company may consider raising up to Rs 200 crore in a pre-IPO placement. If such placement is completed, the fresh issue size will be reduced
Traders shy away from Modi-linked stocks in shift to defensive sectors
A few recent policy reversals highlight the element of uncertainty that investors must grapple with after a decade of certainty, as Modi increasingly leans on coalition partners
 "Traders shy away from Modi-linked stocks in shift to defensive sectors")
Markets hinge on Jerome Powell emulating Greenspan to avoid a recession
To Kristina Hooper, chief global market strategist at Invesco, the US economy looks set to avert a recession as the Fed starts easing policy just ahead of the US election
 "Markets hinge on Jerome Powell emulating Greenspan to avoid a recession")
Post-Covid: Households shift to equities amid attractive returns
This trend is being amplified by strong returns in the equity markets in recent years, said Kotak Institutional Equities in a report
 "Post-Covid: Households shift to equities amid attractive returns")
Investors subscribe Western Carriers' IPO 79% times offer size on first day
The Kolkata-based company's initial public offering (IPO) is available for subscription in the price range of Rs 163 to Rs 172 per share
Bulls take charge: Sensex breaches 83,000 on global rate-cut hopes
Markets jump nearly 2% intraday; Nifty hits fresh high
 "Bulls take charge: Sensex breaches 83,000 on global rate-cut hopes")
Higher limit in FPIs: NRI investments in Gift City off to a slow start
Industry participants note that while there is interest from NRIs and investors, some are reluctant to provide PAN and know-your-customer (KYC) details
 "Higher limit in FPIs: NRI investments in Gift City off to a slow start")
Bajaj Housing Finance Rs 6,560 crore IPO booked 7.50 times on day 2
The initial share sale got bids for 5,45,85,77,822 shares against 72,75,75,756 shares on offer, as per NSE data
 "Bajaj Housing Finance Rs 6,560 crore IPO booked 7.50 times on day 2")
Investors subscribe PN Gadgil's IPO two times offer size on day 1
The Rs 1,100 crore initial share sale received bids for 3,38,86,720 shares against 1,68,85,964 shares on offer, translating into 2.01 times subscription, according to the NSE data
 "Investors subscribe PN Gadgil's IPO two times offer size on day 1")
Share Market Today: Global markets' rebound, P N Gadgil Jewellers IPO eyed
Share Market Today: Global markets bounce back, Adani Group turns the heat on Bangladesh, P N Gadgil Jewellers IPO opens today
 "Share Market Today: Global markets' rebound, P N Gadgil Jewellers IPO eyed")
Sebi levels playing field: FVCIs subject to same governance norms as FPIs
Mandates disclosure of beneficial ownership, allocates registration and monitoring responsibility to DDPs
 "Sebi levels playing field: FVCIs subject to same governance norms as FPIs")
Asian markets dip after Wall Street had its worst week in nearly 18 months
Asian stocks fell Monday after another rout hit Wall Street on Friday, as a highly anticipated update on the US job market came in weak enough to add to worries about the economy.
 "Asian markets dip after Wall Street had its worst week in nearly 18 months")
Share market today: Global markets, Bajaj Housing IPO, Ola Electric eyed
Share market today: Market in Asia dragged after worries about a possible US economic downturn slammed Wall Street on Friday. Bajaj Housing Finance IPO opens, while Gala Precision will list.
 "Share market today: Global markets, Bajaj Housing IPO, Ola Electric eyed")
SC junks plea over impact of exit polls on investors during LS elections
The Supreme Court bench, comprising Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Misra, described the PIL as a 'political interest litigation'
 "SC junks plea over impact of exit polls on investors during LS elections")
Here's why Sensex fell 1,000 pts, Nifty slipped below 24,900 intraday today
The index heavyweights that pulled the BSE Sensex down in terms of contribution to the index included SBI, Reliance Industries, HCL Tech, ICICI BANK, Larsen & Toubro
 "Here's why Sensex fell 1,000 pts, Nifty slipped below 24,900 intraday today")
Travel agency Easy Trip Planners to make electric buses; shares jump 14%
This move aligns with our growth plans to expand the non-air business and will help us establish a strong foothold in the growing EV and eMobility sector, said Rikant Pittie, EaseMyTrip's co-founder
 "Travel agency Easy Trip Planners to make electric buses; shares jump 14%")
Natco Pharma stock rises 3% after subsidiary invests $8 mn in biotech firm
Natco Pharma share price rose after the company on Wednesday announced that its wholly owned Canadian subsidiary, NATCO Pharma Inc, has made an investment of $8 million in eGenesis
 "Natco Pharma stock rises 3% after subsidiary invests $8 mn in biotech firm")
KIMS shares hit lifetime high on ex-date announcement for 1:5 stock split
KIMS share price zoomed after the hospital chain on Tuesday announced that it has set September 13, 2024, as the record date for its 5-for-1 stock split
 "KIMS shares hit lifetime high on ex-date announcement for 1:5 stock split")
