Page 1181 - Markets News
M-cap of 7 of top 10 firms swells Rs 1.50 trn; TCS, Infosys biggest gainers
Reliance Industries, TCS, HDFC Bank, Infosys, Hindustan Unilever, ITC and Bharti Airtel were the gainers while ICICI Bank, State Bank of India and Bajaj Finance faced erosion
 "M-cap of 7 of top 10 firms swells Rs 1.50 trn; TCS, Infosys biggest gainers")
FPIs turn buyers; invest Rs 1,433 cr in equities in November so far
Foreign Portfolios Investors (FPIs) were net sellers till November 15. However, they reversed the selling trend by infusing money during November 16-17, data with the depositories showed
 "FPIs turn buyers; invest Rs 1,433 cr in equities in November so far")
Global trends to dictate movement in markets this week, say analysts
The trading activity of foreign investors, global crude oil prices and rupee-dollar movement will also influence market movement, they said
 "Global trends to dictate movement in markets this week, say analysts")
Financial stocks feel the pinch of RBI loan stance; Sensex falls 188 points
Sensex, Nifty decline intraday but finish with gains for a third week in a row
 "Financial stocks feel the pinch of RBI loan stance; Sensex falls 188 points")
Uttar Pradesh government to tap capital markets with municipal bonds
A bond is a debt security issued by a government agency or municipality to finance capital expenditure
 "Uttar Pradesh government to tap capital markets with municipal bonds")
Sebi orders to attach bank, demat accounts of ex-officials of Karvy Group
Sebi asked all banks, depositories, and mutual funds not to allow any debit from the accounts of Krishna Hari G, Srikrishna Gurazada and Srinivasa Raju. However, credits have been permitted
 "Sebi orders to attach bank, demat accounts of ex-officials of Karvy Group")
Sebi eases rule for physical securities' holders without PAN, KYC details
It was mandatory for all holders of physical securities in listed companies to furnish PAN, nomination, contact details, bank account details, specimen signature for their corresponding folio numbers
RBI rule on unsecured loans to hit lenders' capital, loan growth: Analysts
Shares of RBL Bank slipped 9 per cent to Rs 230.555, while those of SBI Cards and Payment Services plunged 7 per cent to Rs 720.40 in intraday trade
 "RBI rule on unsecured loans to hit lenders' capital, loan growth: Analysts")
Multi-asset funds offer considerable relief in the choppy waters
Another expert termed Nippon India Multi Asset Fund as an example of a true multi-asset fund, saying this fund believes in classical asset allocation
 "Multi-asset funds offer considerable relief in the choppy waters")
RIL, banks, IT stocks drag Sensex 188 pts down, Nifty below 19,750
Closing Bell on November 17, 2023: The broader markets, on the other hand, notched gains with the BSE MidCap and SmallCap indices rising 0.27 per cent and 0.36 per cent, respectively
 "RIL, banks, IT stocks drag Sensex 188 pts down, Nifty below 19,750")
Rail stocks in demand: Titagarh, IRCON, RailTel, RVNL rally up to 19%
The Indian Rail Freight Industry is experiencing significant growth and improvements, with ambitious plans and increased investment aimed at enhancing capacity, efficiency, and sustainability
 "Rail stocks in demand: Titagarh, IRCON, RailTel, RVNL rally up to 19%")
JSW Infra soars 8% on Rs 4,119-cr project win from Karnataka government
The stock hit a new high of Rs 220, and was quoting 85 per cent higher against its issue price
 "JSW Infra soars 8% on Rs 4,119-cr project win from Karnataka government")
Axis Bank, Bajaj Fin can dip up to 7%; GIC Hsg likely to gain, show charts
Meanwhile, SBI looks range-bound on charts, while shares of SBI Cards & Payments can pullback up to 7 per cent from present levels.
 "Axis Bank, Bajaj Fin can dip up to 7%; GIC Hsg likely to gain, show charts")
Eicher Motors hits new high; soars 18% thus far in Nov on healthy outlook
Despite the competitive pressure in Q2, Eicher Motors posted a healthy volume growth of 10.4% Y-o-Y basis to 248,831 units which supported by festive period and shift towards premium motorcycles
 "Eicher Motors hits new high; soars 18% thus far in Nov on healthy outlook")
Mark Mobius joins hedge fund elite planning Dubai investing venture
The 87-year-old money manager said he's busier than ever as he looks to set up a new venture in Dubai
 "Mark Mobius joins hedge fund elite planning Dubai investing venture")
Bumper listing: Stock of this SME debutant doubles against its issue price
Shares of Kalyani Cast-Tech locked in upper circuit at Rs 277.30, zooming nearly 100% from its issue price of Rs 139 on the BSE.
 "Bumper listing: Stock of this SME debutant doubles against its issue price")
Fedbank Financial Services IPO to open on Nov 22 at Rs 133-140 per share
At the upper end of the price band, the Federal Bank-promoted company will mop up Rs 1,092.26 crore
 "Fedbank Financial Services IPO to open on Nov 22 at Rs 133-140 per share")
Stocks to Watch today, Nov 17: Delhivery, IDBI Bank, TVS Motor, Oil-linked
Stocks to Watch on Friday, November 17, 2023: SoftBank may offload around 31 million, or 4 per cent stake, in Delhivery for $150 million
 "Stocks to Watch today, Nov 17: Delhivery, IDBI Bank, TVS Motor, Oil-linked")
HCLTech strong on charts: HDFC Securities suggests Bull Spread Strategy
Technology stocks are looking good on the short to medium-term charts, said Nandish Shah of HDFC Securities
 "HCLTech strong on charts: HDFC Securities suggests Bull Spread Strategy")
Sell on Rise: Nifty FMCG and Nifty Auto ripe for profit booking
A decisive close above 16,880 is essential to trigger a renewed wave of bullish sentiment in both Nifty Auto and its constituents, said Ravi Nathani
 "Sell on Rise: Nifty FMCG and Nifty Auto ripe for profit booking")