Page 12 - Stock Market Trading

We see rupee devaluing as exports become priority: JM Financial's Manglunia

Manglunia tells Puneet Wadhwa that based on risk appetite, there is a lot of value in select names in 'AA' category and below, which offer excellent carry even in the face of threat of rising rates

Indices ride high on surge in technology stocks; Infosys rises 3.75%

The Sensex rose 393 points, or 0.75 per cent, to end at 52,699, while the 50-share Nifty gained 104 points, or 0.7 per cent, to close at 15,790

Securities market: On the cusp of change

Para 68 of the Budget announcement of 2021, exactly 30 years after 1991, could be the beginning of the next round of financial sector reforms

Margin concerns weigh on NMDC stock despite stellar performance in Q4

The overall rise in production was a pleasant surprise, given the lockdown in Q1FY21

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

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

MSCI India crosses 55% premium over emerging markets peers: Report

We expect the valuation premium to remain at elevated levels, as it offers one of the fastest growth in the region, Credit Suisse Wealth Management India said

Shares of four Adani Group companies locked in 5% upper circuit

Adani Green Energy (Rs 1,115.85), Adani Transmission (Rs 1,297.65), Adani Total Gas (Rs 1,321) and Adani Power (Rs 120.60) were locked in 5 per cent upper circuit on the BSE

Privatisation buzz lifts Indian Overseas Bank, Central Bank stocks by 20%

The stock of the Mumbai-based Central Bank was locked in the upper circuit at Rs 24.30 on the back of an over 2x jump in trading volumes. A combined 88.5 million shares changed hands

A $1-trillion buying spree lets S&P 500 brush off bear warnings

Demand is up across the board, from die-hard day traders piling into meme stocks, to exchange-traded funds and even once-cautious hedge funds now raising leverage to boost exposure

Sensex, Nifty: Don't worry about the fall; medium-term trend is intact

On Friday, the benchmark S&P BSE Sensex tumbled as much as 722 points in intra-day deals

Laurus Labs, Alkyl Amines: More steam left after 1,000% gain from 2020 low?

Laurus Labs is likely to maintain its upward journey as long as it doesn't break the support level of Rs 600 levels

Shyam Metalics' IPO fully subscribed 3.65 times, Sona BLW 27% on Day 2

Shyam Metallics has been priced between Rs 303 to 306 per share while Sona BLW has priced its IPO between Rs. 285 - Rs. 291 per share.

Barred or not? Adani investors fret over three Mauritius-based funds

Shares of Adani's firms nosedived Monday after a local media report said accounts of these funds - owning about $6 billion of shares across the conglomerate - were frozen by NSDL

NSDL statement prevents a $500-million sell-off in Adani group stocks

Analysts said a freeze of the FPI accounts, as reported by some media outlets, could have prompted global index providers to cut weighting of four Adani group companies from their global indices

Mauritius, Cayman Islands funds under watch for ownership info gaps

There are concerns that a number of such funds could have a high non-resident Indian (NRI) holding and be used by Indian promoters for round-tripping and manipulating share prices

In the eye of the storm: Adani stocks crash on rumours of FPI freeze

Shares recoup some losses after company, NSDL, FPIs deny report

Sebi tweaks delisting rules to make process transparent, efficient

This comes after the board of Sebi approved several amendments to delisting norms in March to make the process more transparent and efficient

Limited coverage: Few analysts track Adani group companies, shows data

The Adani group has five listed entities, and the median number of analysts covering the group is one, lower than that of other large groups

Sensex, Nifty post fourth straight weekly rise; Dr Reddy's rises over 3%

After rising 341 points, the Sensex settled 174 points, or 0.33 per cent, higher at 52,475