Page 18 - Latest Updates on Stock Market
Amazon to grant new CEO Jassy over $200 million in stock
By Jeffrey Dastin
 "Amazon to grant new CEO Jassy over $200 million in stock")
Markets log first gain in 5 days; financial, pharma stocks take charge
After a range-bound trading through the day, the BSE Sensex ended 166.07 points or 0.32 per cent higher at 52,484.67
 "Markets log first gain in 5 days; financial, pharma stocks take charge")
Nifty FMCG index up nearly 3% over the past month, but future hazy
Industry net sales have grown in double digits in just three of past 24 quarters
 "Nifty FMCG index up nearly 3% over the past month, but future hazy")
Choose curated portfolios to avoid rookie mistakes, say analysts
Avoid offerings that are too concentrated or have very high churn
 "Choose curated portfolios to avoid rookie mistakes, say analysts")
Markets extend losses for fourth day; Bajaj Finserv falls over 2%
The 30-share BSE Sensex ended 164.11 points or 0.31 per cent lower at 52,318.60. Similarly, the broader NSE Nifty shed 41.50 points or 0.26 per cent to close at 15,680
 "Markets extend losses for fourth day; Bajaj Finserv falls over 2%")
GR Infra IPO price band fixed at Rs 828-837 per share; IPO opens July 7
The IPO is an offer for sale (OFS), and the company will not receive the proceeds of the offer. At the upper end of the price band, the IPO size works out to Rs 963 crore.
 "GR Infra IPO price band fixed at Rs 828-837 per share; IPO opens July 7")
Markets extend losses for second straight session; Sensex slips 186 points
A weakening rupee and the fiscal impact of the government's new stimulus measures also sapped risk appetite, traders said
 "Markets extend losses for second straight session; Sensex slips 186 points")
Indian hedge funds beat Asian, EM peers; provide 6.6% returns in May
Provide 6.6% returns in May; rebound comes after retreat in April as 2nd wave took hold
 "Indian hedge funds beat Asian, EM peers; provide 6.6% returns in May")
Sebi starts cross margin facility on commodity futures to boost liquidity
The move is part of Sebi's effort to improve the efficiency of the use of the margin capital by market participants, the regulator said in a circular
 "Sebi starts cross margin facility on commodity futures to boost liquidity")
Indian stock market valuation a concern, FDI flows likely to continue: HSBC
FDI in India is likely to pick up going ahead on the back of a strong rebound in growth, said Frederic Neumann, co-head of Asian economics research at HSBC
 "Indian stock market valuation a concern, FDI flows likely to continue: HSBC")
MSCI warns India, four other emerging markets against restrictive policies
Says could lead to a downgrade in market classification
 "MSCI warns India, four other emerging markets against restrictive policies")
Indices end in red despite FM's relief announcement; Titan falls over 1%
The Sensex fell 189 points, led by losses in index heavyweights Reliance Industries, TCS, and HDFC amid a negative trend in global markets.
 "Indices end in red despite FM's relief announcement; Titan falls over 1%")
Dubai lures Wall Street jet-setters as events business rebounds
Dubai is moving full-speed ahead with in-person events on the back of fewer travel restrictions and one of the world's most-connected airports
 "Dubai lures Wall Street jet-setters as events business rebounds")
Over 90% stocks in NSE 500 universe trade above 200-day moving average
It's a sign that the market has become overheated, say experts
 "Over 90% stocks in NSE 500 universe trade above 200-day moving average")
Best of BS Opinion: RIL's mega green push, India's securities mkt & more
Here are the best of Business Standard's opinion pieces for Friday
 "Best of BS Opinion: RIL's mega green push, India's securities mkt & more")
Indices snap three-day winning run as heavyweights stumble; L&T falls 1%
The 30-share benchmark ended 282.63 points or 0.54 per cent lower at 52,306.08 in choppy trade. The NSE Nifty declined 85.80 points or 0.54 per cent to 15,686.95
 "Indices snap three-day winning run as heavyweights stumble; L&T falls 1%")
On the radar: Analysts expand coverage amid sharp stock market rally
200 firms of the BSE 500 universe are tracked by more brokerages than a year ago
 "On the radar: Analysts expand coverage amid sharp stock market rally")
Market erases gains to end flat amid volatility; Maruti Suzuki rises 5%
After touching a lifetime intra-day peak of 53,057.11, the 30-share BSE Sensex settled 14.25 points, or 0.03 per cent higher, at 52,588.71, marking its third straight session of gains
 "Market erases gains to end flat amid volatility; Maruti Suzuki rises 5%")
Preferential valuation
PNB Housing should have engaged an independent valuer
 "Preferential valuation")
Global cues, monsoon, vaccination to drive markets this week: Analysts
Besides, movement of Brent crude, rupee and foreign fund inflows would also be tracked by investors
 "Global cues, monsoon, vaccination to drive markets this week: Analysts")
