Markets News
Chennai Petroleum, Titagarh among top picks by Jigar S Patel of Anand Rathi
Recently, Chennai Petroleum has formed a double-bottom pattern following a steep decline of 650 points, representing a 54 per cent price cut
 "Chennai Petroleum, Titagarh among top picks by Jigar S Patel of Anand Rathi")
Osho Krishan of Angel One recommends buying these two stocks on Dec 23
Aegis Logistics has seen a strong spurt in price and volumes in the last trading session from the cluster of its significant EMAs on the daily chart
 "Osho Krishan of Angel One recommends buying these two stocks on Dec 23")
Markets Today: Here's how to trade Nifty50 on December 23; key levels here
From a technical standpoint, as Nifty slipped below the pivotal zone of 200 SMA, the next potential support could be seen around the recent swing low around 23200-23100
 "Markets Today: Here's how to trade Nifty50 on December 23; key levels here")
State bond yields outpace AAA rated corporate bond yields for long tenors
Market participants said that the price difference is largely driven by heavy supply, timing mismatches in fund flows, and rising global interest rates
 "State bond yields outpace AAA rated corporate bond yields for long tenors")
Street signs: Capital's great takeoff, IPO buffet, SMEs defy gravity
Brokers highlight strong demand for three or four of these IPOs, driven by attractive grey market premiums
 "Street signs: Capital's great takeoff, IPO buffet, SMEs defy gravity")
Catch of the day: PE/VC funds reel in Rs 1.13 trillion in share sales
Net big from small and midcap exits
 "Catch of the day: PE/VC funds reel in Rs 1.13 trillion in share sales")
New year looks dull for emerging markets due to Trump's tariffs, trade wars
While a handful of frontier markets such as Pakistan, Kenya and Sri Lanka posted turnarounds this year, no major emerging market outperformed the US stock market in 2024
 "New year looks dull for emerging markets due to Trump's tariffs, trade wars")
Front-running case: Sebi bans 9 entities, impounds Rs 21 cr illegal gains
Sebi, through an interim order on Friday, prohibited Sachin Bakul Dagli and eight other entities from the securities market and impounded the unlawful gains made by them
 "Front-running case: Sebi bans 9 entities, impounds Rs 21 cr illegal gains")
FPIs pull out Rs 976 crore from Indian equities amid rising dollar
Additionally, factors like high valuations, weak corporate earnings for the September quarter, expectations of subdued results for December, rising inflation, slower GDP growth
 "FPIs pull out Rs 976 crore from Indian equities amid rising dollar")
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
