Page 16 - Latest Updates on Stock Market
Tatva Chintan zooms 113% to Rs 2,310 in highest listing gain this year
Issue price was Rs 903 per share, IPO had garnered 180x subscription
 "Tatva Chintan zooms 113% to Rs 2,310 in highest listing gain this year")
NSE adds 5 million investors in first four months of current financial year
The registrations are 2.6 times more compared to the same period last year and 6 times higher when compared to the same period of FY19
 "NSE adds 5 million investors in first four months of current financial year")
Four funds invested in Adani firms have history of bets gone wrong: Report
The Mauritius-based funds invested in firms that ended up defaulting or were investigated for wrongdoing.
 "Four funds invested in Adani firms have history of bets gone wrong: Report")
China jitters drag indices: Sensex drops 273 pts, Nifty slips below 15,750
Market players said the developments in China has promoted several foreign funds to prune their exposure to the entire emerging market (EM) pack
 "China jitters drag indices: Sensex drops 273 pts, Nifty slips below 15,750")
Zomato listing: An Infosys moment?
The flood of money gushing into start-ups is a seminal moment for the markets, even if all this new capital is burned
 "Zomato listing: An Infosys moment?")
Street signs: Glenmark Life GMP at 25%, HNIs in-the-money in Tatva & more
Analysts say American sanctions on Chinese companies will prompt global investors to look at India more favourably
 "Street signs: Glenmark Life GMP at 25%, HNIs in-the-money in Tatva & more")
Status quo likely in September review of Nifty but not for long
Newly listed start-up Zomato is seen entering the index before the end of 2022
 "Status quo likely in September review of Nifty but not for long")
Indices build on gains as banks, FMCG stocks rise; ICICI Bank gains 3.18%
Overcoming a choppy start, the Sensex ended 138.59 points or 0.26 per cent higher at 52,975.80. On similar lines, the broader Nifty advanced 32 points or 0.20 per cent to finish at 15,856.05
 "Indices build on gains as banks, FMCG stocks rise; ICICI Bank gains 3.18%")
Zomato shares zoom 66% on listing day, settle at 126 apiece at closing bell
Stock now most expensive consumer and food company in India
 "Zomato shares zoom 66% on listing day, settle at 126 apiece at closing bell")
From Sensex to exports, how much have we scaled our economy in 30 years
Major economic reforms in the early 1990s changed the face of the Indian economy
 "From Sensex to exports, how much have we scaled our economy in 30 years")
Investors wealth jumps Rs 2.93 trn as markets rally after 3-day decline
Investors' wealth jumped Rs 2,93,054.25 crore on Thursday as markets returned to winning ways after falling for three straight sessions.
 "Investors wealth jumps Rs 2.93 trn as markets rally after 3-day decline")
Sebi makes it mandatory for brokers to report client-level collateral
Markets regulator Sebi on Tuesday came out with a framework for segregation and monitoring of collateral at client level amid instances of misuse of client collateral by trading members.
 "Sebi makes it mandatory for brokers to report client-level collateral")
Markets fall for third day on the trot amid delta variant worries
Sensex shed 355 points to end at 52,198, down 0.7%; Nifty lost 120 points to end at 15,632
 "Markets fall for third day on the trot amid delta variant worries")
Irrational exuberance over Zomato
Zomato is essentially a "concept stock" because it has neither made profits, nor has issued any guidance on ever getting to profitability, notes Shyamal Majumdar
Covid-19 surge sparks bond rally, stocks on worst run in 18 months
The Dow Jones Industrial Average dropped more than 2% mid-morning on Monday, with the S&P 500 falling 1.5%. The Nasdaq Composite fell nearly 1%.
 "Covid-19 surge sparks bond rally, stocks on worst run in 18 months")
Bumper listing for GR Infra at 2x the issue price, Clean Science up 76%
GR Infra's listing day gains were best this year after Indigo Paints, while the surge in Clean Science is now the fourth best, behind MTAR Tech
 "Bumper listing for GR Infra at 2x the issue price, Clean Science up 76%")
Biocon controversy: Sebi's insider trading laws may need an overhaul
Sebi regulations define "insider" as a company associate who is trading in the company's shares based on unpublished price sensitive information (UPSI) to make a quick buck
 "Biocon controversy: Sebi's insider trading laws may need an overhaul")
Pipe makers face margin pressure; may underperform in the near term
While the sector has grown at 10% over the last five years till FY21, it is expected to grow at a faster pace of 12% until FY25
 "Pipe makers face margin pressure; may underperform in the near term")
Stock prices dance to US Fed tune: The Nifty50 rose 14% in 2021
Since the outbreak of the pandemic, the US Fed's balance sheet has risen 76 per cent from $4.2 trillion in March 2020 to $ 8.2 trillion on Wednesday
 "Stock prices dance to US Fed tune: The Nifty50 rose 14% in 2021")
With Zomato's offering, fresh fundraising via IPOs set to hit 14-year high
All-time high not far away with Paytm planning fresh issue of Rs 12,000 cr
 "With Zomato's offering, fresh fundraising via IPOs set to hit 14-year high")
