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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")
Power generator NTPC plans IPO for Rs 2.5 trn expansion of renewables biz
Listing intended to enable transformation over the next decade for a company that relies on coal to produce the vast majority of its electricity.
 "Power generator NTPC plans IPO for Rs 2.5 trn expansion of renewables biz")
Clean Science prices IPO between Rs 880-Rs 900, issue opens July 7
Investors can bid for 16 shares and multiples thereof. IPO is an offer for sure, company could raise to Rs 1,546 cr at the upper end of the price band
 "Clean Science prices IPO between Rs 880-Rs 900, issue opens July 7")
Amid Covid, capital goods sector sees signs of hope
Indications of demand expansion for manufacturing companies, stronger balance sheets are some positives
 "Amid Covid, capital goods sector sees signs of hope")
Sebi defers diktat requiring foreign investors to disclose KYC details
Most foreign investors do not permit sharing of mobile numbers officially and some consider it as a risk factor if an employee quits and his details remain in official records
 "Sebi defers diktat requiring foreign investors to disclose KYC details")
Chris Wood launches India-dedicated equity portfolio with 16 stocks
The portfolio includes marquee stocks such as ICICI Bank, HDFC, Bajaj Finance, and Reliance Industries
 "Chris Wood launches India-dedicated equity portfolio with 16 stocks")
Indian Overseas Bank becomes the second most-valued public lender
On a closing basis, the bank's market cap was Rs 51,887 crore at the end of trading on Friday, surpassing its peers Punjab National Bank (PNB) and Bank of Baroda (BOB)
 "Indian Overseas Bank becomes the second most-valued public lender")
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")
Uncertainty on AGR, spectrum payments weighs on Vodafone Idea: Analysts
Without fundraising, the company may not be able to meet its payment obligations over the next 12 months
 "Uncertainty on AGR, spectrum payments weighs on Vodafone Idea: Analysts")
Oil prices climb with Opec+ signalling more gradual supply hike
Futures in New York rose as much as 3.7 per cent on Thursday to the highest intraday level since 2018
 "Oil prices climb with Opec+ signalling more gradual supply hike")
Tesla stock trading pattern looks bleak after tough start to 2021
The lackluster performance in recent months has culminated with the stock now on the verge of a so-called death cross
 "Tesla stock trading pattern looks bleak after tough start to 2021")
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")
Avenue Supermarts, Info Edge in contention for inclusion in Nifty 50
Indian Oil or Coal India or both could get booted out of the blue chip company index, which is tracked by funds with assets under management of nearly $20 billion
 "Avenue Supermarts, Info Edge in contention for inclusion in Nifty 50")
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%")
Franklin Templeton executive says Sebi exceeded authority in banning him
A senior executive of US money manager Franklin Templeton (FT) told an Indian appeals tribunal the country's market watchdog 'overstepped' its powers by banning him from the securities market
 "Franklin Templeton executive says Sebi exceeded authority in banning him")
Sebi seeks to relax norms of issue of shares with 'superior voting rights'
Move likely to give more flexibility to founders of new-age companies aiming to raise capital and taking their firms public
Asset managers flag off concerns over steep run-up in mid-, small-cap space
The mid and small cap indices, which lagged large caps until early 2020, have covered lost ground, gaining 73% and 104%, respectively, in the past one year
 "Asset managers flag off concerns over steep run-up in mid-, small-cap space")
Prospects in key segments to keep Laurus Labs' growth trajectory strong
The stock has seen a six-fold jump in value over the last one year
 "Prospects in key segments to keep Laurus Labs' growth trajectory strong")
Sebi's diktat on greater 'skin in the game' may slow down NFO gravy train
At present, AMCs have to invest the lesser of 1% of amount raised during a NFO or Rs 50 lakh. Sebi board has now linked minimum amount to the risk associated with each scheme
Sebi extends deadlines for brokers' regulatory compliances by a month
New timeline will apply to maintenance of call recordings of orders from clients, funding reporting and permission to operate trading terminals from alternate locations
 "Sebi extends deadlines for brokers' regulatory compliances by a month")
