Page 22 - Markets
Investors' wealth surges by over Rs 7 trillion in morning trade
Out of the 3,104 stocks traded, as many as 2,439 scrips advanced, while 570 declined in the morning trade, as per BSE data.
 "Investors' wealth surges by over Rs 7 trillion in morning trade")
Support broken: Technical analysts see Nifty slipping below 16,000
Thursday's 815-point, or 4.8 per cent fall, saw the benchmark index surrender this level decisively
 "Support broken: Technical analysts see Nifty slipping below 16,000")
India to move to T+1 settlement from Friday: Here's what it means
India To Start with T+1 stock settlement from February 25, which means that trade-related settlements must be done within one day of the transaction's completion.
 "India to move to T+1 settlement from Friday: Here's what it means")
Sensex tanks 2,702pts, ends below 55K; Nifty gives up 16,250; Brent at $105
Closing Bell: Benchmark indices clocked their biggest one-day fall since March 2020 as Russia invaded Ukraine, rattling global markets
 "Sensex tanks 2,702pts, ends below 55K; Nifty gives up 16,250; Brent at $105")
S&P BSE IPO index plunges 6%; 31 stocks hit lowest levels since listing
In the past three months, the IPO index has tanked 31 per cent as against 5 per cent decline in the S&P BSE Sensex
 "S&P BSE IPO index plunges 6%; 31 stocks hit lowest levels since listing")
CBI questioned NSE IT's Muralidharan in co-location case, says official
In January, 2020, SEBI had exonerated NSE IT's Muralidharan along with eight others including NSE CEO Ravi Narain in the co-location case.
 "CBI questioned NSE IT's Muralidharan in co-location case, says official")
Sanjay Sapre to step down as president of Franklin Templeton in June 2022
Avinash Satwalekar, currently is the country head of Malaysia and will relocate to India as president - designate effective April 1, 2022.
 "Sanjay Sapre to step down as president of Franklin Templeton in June 2022")
Market outlook: 5 reasons why March F&O series could keep investors on edge
The average daily swing for the NSE Nifty 50 index was 1.45 per cent, the highest in the last 10 months.
 "Market outlook: 5 reasons why March F&O series could keep investors on edge")
Policybazaar falls 8%, hits new low; stock tanks 52% in three months
In the past two weeks, PB Fintech has slipped 28% after Yashish Dahiya, executive director and CEO, and Alok Bansal, whole time director and CFO, sold 6.09 million shares of the company
 "Policybazaar falls 8%, hits new low; stock tanks 52% in three months")
Stocks dive, oil surges as Putin announces military operation in Ukraine
Several explosions were heard in the Ukrainian capital, Kyiv, before dawn, after an initial series of sounds similar to artillery fire
 "Stocks dive, oil surges as Putin announces military operation in Ukraine")
Indus Tower slips 14% after 3% equity changes hands on NSE and BSE
A combined 74.4 million equity shares had changed hands on the bourses till 9:52 AM. According to reports, British telecom giant Vodafone was in discussions to sell around 5% stake in Indus Towers
 "Indus Tower slips 14% after 3% equity changes hands on NSE and BSE")
Dr Reddy's falls 3%, hits 52-week low; stock slips 10% in one month
The stock of the pharmaceutical company, which has a significant presence in the Russian market, has fallen below its previous low of Rs 4,135.90 touched on March 19, 2021
 "Dr Reddy's falls 3%, hits 52-week low; stock slips 10% in one month")
LIC IPO: Analysts worried about timing, but expect issue to sail through
Most analysts see several headwinds for the markets that can keep them choppy over the next few months, which is not an ideal scenario for an issue the size of LIC to sail through easily
 "LIC IPO: Analysts worried about timing, but expect issue to sail through")
Fag-end selling drags Sensex for 6th day, dips 69 pts; RIL slips 1%
Closing Bell: The frontline S&P BSE Sensex fell 69 points to settle at 57,232 levels while the Nifty50 shut shop at 17,063 down 29 points
 "Fag-end selling drags Sensex for 6th day, dips 69 pts; RIL slips 1%")
Kansai Nerolac hits 52-week low, falls 17% in February on weak Q3 results
The good growth in infrastructure, core sector as well as automobile and real estate is likely to have a positive effect on the overall demand of paint for the industry in the long run.
 "Kansai Nerolac hits 52-week low, falls 17% in February on weak Q3 results")
Dhani Services hits 10% lower circuit on FPI selling; down 42% in 3 days
On Tuesday, Baillie Gifford Pacific Fund A Sub Fund Of Baillie Gifford Overseas Growth Funds ICVC has sold 9.43 million shares or 1.55% stake in Dhani Services at price of Rs 85.07 on the NSE
 "Dhani Services hits 10% lower circuit on FPI selling; down 42% in 3 days")
Mrs Bectors Food hits all-time low; falls 16% in 1 month on weak Q3 results
Going forward, with introduction of new products, expansion of distribution network and capacity enhancement, the management foresees strong growth in overall revenues
 "Mrs Bectors Food hits all-time low; falls 16% in 1 month on weak Q3 results")
Butterfly Gandhimathi hits record high on open offer by Crompton Greaves
Shares of Crompton Greaves Consumer Electricals also rallied 5 per cent to Rs 396.35 on the BSE in intra-day trade
 "Butterfly Gandhimathi hits record high on open offer by Crompton Greaves")
Adani Wilmar freezes at 10% upper circuit after 25% fall from record high
The stock of the Adani Group edible oil major had closed at Rs 314.40 on Tuesday, correcting 25 per cent from its record high level of Rs 419.90 on February 11, 2022.
 "Adani Wilmar freezes at 10% upper circuit after 25% fall from record high")
Samco Mutual Fund changes scheme attributes after rap from market regulator
NFO investors given option to exit without load; Fund house to pay 15% interest
 "Samco Mutual Fund changes scheme attributes after rap from market regulator")
