Page 9 - Stock Market Trading

Higher taxes are coming and for markets, that could be a good thing

Tax rises grabbed headlines recently when Britain upped taxes on workers and employers, potentially raising 12 billion pounds a year.

Sebi fines 8 entities for fraudulent trade in shares of Videocon Industries

Markets regulator Sebi on Monday penalised eight entities for fraudulent trading in shares of Videocon Industries Ltd. The entities are Acuity Merchants Pvt Ltd, Godavari Commercial services Pvt Ltd, Kaberi Goods Pvt Ltd, Invorex Vincom Pvt. Ltd, Coastal Fertilisers Ltd, Akansha Commodities Pvt Ltd, Messrs Agarwal Holdings and Superdeal Fincom Pvt Ltd. These are facing a fine of Rs 16 lakh, payable jointly and severally, for violation of Prohibition of Fraudulent and Unfair Trade Practices norms. The order follows an investigation conducted between April-September 2017. The probe found that these connected entities were trading on NSE and BSE during the investigation period and entered into reversal and synchronized trades. "By entering into synchronized trades in BSE and NSE, the Noticees had created a misleading appearance of trading in the scrip and generated artificial volume in the scrip," Sebi said. It further found that they had indulged in reversing their trades among ..

ITC can rally 30% to Rs 300 levels in the days ahead, charts suggest

The short-to-medium term outlook for the stock will stay highly bullish, as long as ITC defends its 200-DMA, indicates daily chart

India's record run in stock market raising risks for economy: Research

Market rally has added roughly 1 percentage point to GDP growth each quarter since October-December

Five of top-10 valued firms add Rs 62,508 crore to market valuation

Five of the 10 most valued firms added Rs 62,508.32 crore to their total market valuation last week, with Reliance Industries emerging as the biggest gainer

Eicher Motors, Zee Ent: Trading ideas by Ajit Mishra of Religare Broking

Here's why the analyst recommends accumulating Eicher Motors and Voltas, but to sell Zee Entertainment Futures

The best of liquidity is behind us, says Nomura's Saion Mukherjee

Saion Mukherjee says the market is already factoring in earnings recovery from the June 2021 quarter

Smaller stocks give higher returns to investors so far this fiscal

In a reflection of the bullish sentiment in the equity market, smaller stocks have captured the limelight, giving higher returns to investors so far this fiscal

Two stocks that are flashing bullish signals on tech charts

VOLTAS has seen strong reversal candlestick pattern formation near its 200 DEMA on the daily chart on the back of robust volumes, indicating an early sign of reversal in the counter

IPO frenzy continues; 2 public issues on September 1 to garner Rs 2,465 cr

The IPO rush will continue in September with two more companies Vijaya Diagnostic Centre and Ami Organics launching their initial share-sales on Wednesday to raise a total of Rs 2,465 crore. This comes after eight companies including Devyani International, Nuvoco Vistas Corporation and CarTrade Tech floated their initial share-sales last month to mobilise Rs 18,243 crore. So far in the current fiscal, a total of 20 companies have mopped up more than Rs 45,000 crore through IPOs. This is much higher than Rs 31,277 crore raised by 30 firms in the entire 2020-21. Going forward, market analysts expect the IPO environment to remain buzzing during the entire financial year 2021-22. The initial public offer (IPO) of healthcare chain Vijaya Diagnostic Centre and specilalty chemicals maker Ami Organics will open for subscription on September 1 and conclude on September 3. Vijaya Diagnostic's IPO is entirely an offer for sale of 35,688,064 equity shares by the promoter, S Surendranath Reddy

3 reasons why pharma's 'underperformer' tag at markets could change soon

Resolution of supply chain issues, defensive buying and index inclusion are triggers

Govt may announce overseas listing rules in next Budget: Revenue Secretary

Direct listing of securities overseas by Indian entities is allowed but there are certain issues which need to be sorted out for this to become a success, he said, without elaborating on the hurdles

Markets will remain choppy till 2021-end: Anil Sarin, CIO, Centrum PMS

Rising commodity prices, he believes, cannot sustainably derail the bullish market momentum

Exchanges warn investors against unregulated derivatives products

The NSE and BSE said they had noticed some unregulated platforms and websites offering trading in unregulated derivative products called CFD/Binary Options

New margin rules result in unwarranted penalties on trading members: Anmi

Anmi favours a model that may predict peak margins to be complied with by trading member so that on any given day upfront compliance may be considered based on margins for T-1 day

Gold ETFs log Rs 61-cr outflow in July as investors pick equity, debt funds

Gold exchange traded funds witnessed a pullout of over Rs 61 crore in July as investors diverted their money to equity and debt funds that generated attractive returns.

Advance-decline ratio hits a 17-month low in August, shows data

Indicates that number of declining stocks far exceeds those advancing, and may be a bearish signal

IPO bandwagon getting bigger and bigger; Aug sees 23 filings so far

The raging IPO frenzy has set a record of sorts this month with the first 20 days of August witnessing as many as 23 filings seeking regulatory permission

CarTrade Tech makes tepid market debut; tumbles nearly 8% at close of trade

Shares of CarTrade Tech had a muted market debut on Friday, closing with a discount of nearly 8 per cent against its issue price of Rs 1,618.

No need to panic! Tech charts say 'all is well' till Sensex holds 54,000

Market participants have become cautious amid significant valuations and strong gains Sensex has achieved since the start of the year