Page 17 - Latest Updates on Stock Market
Zomato allots shares worth Rs 4,195 cr to anchor investors ahead of IPO
Sources said the anchor book saw over 30x more demand than the shares on offer. The total interest generated was in excess of Rs 1 trillion
 "Zomato allots shares worth Rs 4,195 cr to anchor investors ahead of IPO")
Valuing growth
Start-up listings will open up opportunities
583 stocks hit upper circuit amid subdued market; indices end flat
Propelled by this, the BSE SmallCap index hit a new high of 26,168 in the intraday trade on Monday, but closed at 26,068.
 "583 stocks hit upper circuit amid subdued market; indices end flat")
Digital payments start-up MobiKwik files for Rs 1,900-crore offering
MobiKwik is the latest among tech majors wanting to list on stock exchanges. Food delivery start-up Zomato will launch its IPO on Wednesday
 "Digital payments start-up MobiKwik files for Rs 1,900-crore offering")
Madhur Deora to Renu Satti, meet Paytm's key managerial personnel
According to Securities and Exchange Board of India regulations, the DRHP or offer document is required to have details about directors, promoters and key management personnel
 "Madhur Deora to Renu Satti, meet Paytm's key managerial personnel")
Indices' losing run continues amid selling pressure; Bajaj Auto falls 1%
Banking, finance and IT counters accounted for most of the losses, while strong demand for metal stocks cushioned the fall
 "Indices' losing run continues amid selling pressure; Bajaj Auto falls 1%")
'Christie fiction': Biocon chief slams Sebi order on Allegro Capital
The case dates back to January 2018, when Biocon had announced an exclusive global collaboration with Sandoz on next-generation biosimilars
 "'Christie fiction': Biocon chief slams Sebi order on Allegro Capital")
GR Infra Projects, Clean Science IPOs subscribed close to 100x each
Attract bids worth over Rs 1.73 trillion
 "GR Infra Projects, Clean Science IPOs subscribed close to 100x each")
Zomato's Rs 9,375-crore IPO to bring bonanza for Info Edge, Sequoia, Goyal
The existing shareholders of the company are set to make gains in the range of 50 per cent to 6,450 per cent on their investments
 "Zomato's Rs 9,375-crore IPO to bring bonanza for Info Edge, Sequoia, Goyal")
High valuation of $8 billion makes Zomato's offer less appetising
Competitive intensity, customer acquisition costs likely to delay profitability
 "High valuation of $8 billion makes Zomato's offer less appetising")
Correction in bank stocks offers a good entry point: Gautam Duggad, MOFSL
The banking space offers tremendous long term opportunities, especially large-cap banks like HDFC Bank, ICICI Bank, Axis Bank and State Bank of India, says Duggad
 "Correction in bank stocks offers a good entry point: Gautam Duggad, MOFSL")
IPO deluge, muted Q1 show and Fed taper to weigh on FPI mood in near term
Large secondary sales likely as FPIs reallocate portfolios to IPOs; sharp rise in dollar could see them pull out of India
 "IPO deluge, muted Q1 show and Fed taper to weigh on FPI mood in near term")
Sensex snaps two-day winning run, ends marginally lower; bank stocks gain
A depreciating rupee and lacklustre global cues further weighed on sentiment, traders said
 "Sensex snaps two-day winning run, ends marginally lower; bank stocks gain")
Reliance Industries lags peers in rewarding investors with cash pay-outs
Cash pay-outs grew at 6.6% CAGR vs 13.2% for other firms over 10 yrs
 "Reliance Industries lags peers in rewarding investors with cash pay-outs")
India Pesticides shares jump 16% to close at Rs 343.2 on listing day
It touched a high of Rs 368 and a low of Rs 340 with nearly Rs 980 crore worth of shares changing hands.
 "India Pesticides shares jump 16% to close at Rs 343.2 on listing day")
Sebi reduces time period for filing an application to obtain NOC
Under rules, the issuer company deposits 1 per cent of the issue amount of the securities offered to the public and/or to the holders of the existing securities of the company
 "Sebi reduces time period for filing an application to obtain NOC")
As work from home deepens …
… are far-reaching social changes coming with it?
 "As work from home deepens …")
Macro data, TCS earnings, global trends to guide mkts this week: Analysts
Equity investors will focus on macroeconomic data, upcoming first quarter earnings season and global trends for direction this week, analysts said.
 "Macro data, TCS earnings, global trends to guide mkts this week: Analysts")
Best of BS Opinion: Stock market as mirror, politics in diversity & more
Here are the best of Business Standard's opinion pieces for Saturday
 "Best of BS Opinion: Stock market as mirror, politics in diversity & more")
CG Power case delays Aditya Birla Sun Life's IPO by at least 3 months
Sebi has put initial offer in abeyance due to pending inquiry against group firm
 "CG Power case delays Aditya Birla Sun Life's IPO by at least 3 months")
