Page 42 - Markets

Medplus Health Services shares jump nearly 41% in debut trade

The stock listed at Rs 1,015, a gain of 27.51 per cent against the issue price on BSE.

Wall St firms grapple with return-to-office conundrum as Omicron explodes

With the fourth wave of the pandemic now in full force, financial firms are once again grappling with when they can realistically get back to business-as-usual

Third straight gain for Sensex, up 384pts, Nifty tops 17k; Medplus up 41%

The broader markets also finished with significant gains with the BSE Midcap & Smallcap indices up 1 per cent and 0.7 per cent, respectively. IT, financials and energy shares were the top gainers.

Risk-on global rally resumes as Omicron variant fears recede

The STOXX index of Europe's 600 largest shares rose 0.3%, following earlier gains in Asia. Japan's Nikkei gained 0.57% and MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.8%

L&T gains 7% thus far in December; beats market on steady order inflow

Order inflow is expected to be good in H2FY22 given the expected high activity in tendering in and awarding

Did market correction make new-age stocks value buys?

The recently-listed companies, especially from the digital space, have tumbled nearly 50% from their recent highs following the correction. Yet, market watchers don't see them as value buys just yet

CMS Info Systems IPO subscribed 66% on Day 2 of offering

The price range of the IPO is Rs 205-216 per share

Footwear retailer Metro Brands' shares decline over 1% in debut trade

The shares of footwear retailer Metro Brands on Wednesday listed with a discount of nearly 13 per cent from the issue price of Rs 500 and settled over 1 per cent lower

European stocks edge up, markets optimistic about limited Omicron fallout

Europe's STOXX 600 rose 0.1% at 0857 GMT and the MSCI world equity index, which tracks shares in 50 countries, was also up 0.1%. Asian shares were broadly higher amid thin year-end liquidity

Appropriate public issue pricing crucial: Sebi chief to investment bankers

His remarks assume significance against the backdrop of instances of prices of shares slumping steeply at the time of listing compared to the price at which they were sold in initial public offerings

Sensex ends 612pts higher; RIL, L&T shine; Metro Brands gains 17% from low

Buying was seen across the board; Micap and Smallcap indices finished with gains of 1.5 per cent each, overall breadth too was extremely positive

Mahindra's SsangYong joins Chinese firm for EV battery development

SsangYong Motor has signed a memorandum of understanding with BYD Auto to develop car batteries and produce battery packs for its models

Husband-and-wife team worth Rs 4,400 cr after MapmyIndia's market debut

Rakesh, 71, and Rashmi, 65, started their company in the mid-1990s, when businesses had little interest in buying mapping data

Sensex pares gains, ends 497pts higher led by RIL, IT; MapmyIndia gains 33%

The BSE Midcap and Smallcap indices were up around 1.5 per cent each. Metal, IT, Consumer Durables indices logged smart gains

Filatex India shares jump 44% from intra-day low on heavy volumes

A combined 15.08 million equity shares, representing 6.7 per cent of total equity of the company, had changed hands on the NSE and BSE.

Wipro up 3% on acquisition plan of US-based Cybersecurity Firm Edgile

The acquisition is expected to strengthen Wipro's capabilities in cloud security and risk management space, ICICI Securities said in a note

Latent View Analytics slips 17% in 2 days as anchor lock-in period ends

With the past two days' decline, the market price of Latent View Analytics has corrected 35 per cent from its 52-week high level of Rs 755 touched on November 26, 2021

Adani Enterprises gains 2% on winning Ganga Expressway project

With a project cost of Rs 17,085.16 crore, the proposed Greenfield Ganga expressway will be India's longest expressway under PPP framework

Supriya Lifescience IPO subscribed 74 times on last day of share sale

Supriya Lifesciences had priced its IPO between Rs 265 and Rs 274 per share

Stakeholder pledging is falling, hinting deleveraging during pandemic

Trend suggests those who had pledged their shares chose to redeem it as markets soared rather than borrow more heavily.