Rajputana Stainless shares make a muted debut, list at 2% premium over IPO price
https://economictimes.indiatimes.com/markets/stocks/news/rajputana-stainless-shares-make-a-muted-debut-list-at-2-premium-over-ipo-price/articleshow/129671020.cms
Rajputana Stainless made a muted debut, listing at Rs 123.95 on BSE, a 1.6% premium over its Rs 122 issue price, while NSE saw it at par. The Rs 255 crore IPO, combining a fresh issue and offer-for-sale, raised funds for expansion and debt repayment. Subscriptions were modest, with strong institutional interest but weak retail participation at 0.27 times.
https://economictimes.indiatimes.com/markets/stocks/news/rajputana-stainless-shares-make-a-muted-debut-list-at-2-premium-over-ipo-price/articleshow/129671020.cms
Rajputana Stainless made a muted debut, listing at Rs 123.95 on BSE, a 1.6% premium over its Rs 122 issue price, while NSE saw it at par. The Rs 255 crore IPO, combining a fresh issue and offer-for-sale, raised funds for expansion and debt repayment. Subscriptions were modest, with strong institutional interest but weak retail participation at 0.27 times.
Stove Kraft, TTK Prestige shares rocket up to 9% after Iran’s attack on world’s largest LNG plant raises supply fears
https://economictimes.indiatimes.com/markets/stocks/news/stove-kraft-ttk-prestige-shares-rocket-up-to-9-after-irans-attack-on-worlds-largest-lng-plant-raises-supply-fears/articleshow/129671151.cms
Attacks on Middle East energy facilities have disrupted global gas supply. This has led to a surge in demand for induction cooktops in India. Companies like Stove Kraft and TTK Prestige have seen significant stock rallies. Restaurants are facing gas shortages, prompting a shift to alternative cooking methods. The situation highlights India's reliance on imported LPG.
https://economictimes.indiatimes.com/markets/stocks/news/stove-kraft-ttk-prestige-shares-rocket-up-to-9-after-irans-attack-on-worlds-largest-lng-plant-raises-supply-fears/articleshow/129671151.cms
Attacks on Middle East energy facilities have disrupted global gas supply. This has led to a surge in demand for induction cooktops in India. Companies like Stove Kraft and TTK Prestige have seen significant stock rallies. Restaurants are facing gas shortages, prompting a shift to alternative cooking methods. The situation highlights India's reliance on imported LPG.
Is your insurance adequate? Here’s a simple checklist to find out
https://economictimes.indiatimes.com/markets/stocks/news/is-your-insurance-adequate-heres-a-simple-checklist-to-find-out/articleshow/129671244.cms
Many policyholders are insured but not adequately, leading to claim dissonance. Reviewing health, home, cyber, and motor insurance covers to ensure they match current needs and asset values is highly advised. Adequate insurance provides a crucial safety net against unforeseen events and financial strain.
https://economictimes.indiatimes.com/markets/stocks/news/is-your-insurance-adequate-heres-a-simple-checklist-to-find-out/articleshow/129671244.cms
Many policyholders are insured but not adequately, leading to claim dissonance. Reviewing health, home, cyber, and motor insurance covers to ensure they match current needs and asset values is highly advised. Adequate insurance provides a crucial safety net against unforeseen events and financial strain.
Rs 1 lakh crore wiped off! HDFC Bank shares slump 9%, set to record worst day since Covid crash
https://img.etimg.com/photo/Rs%201%20lakh%20crore%20wiped%20off!%20HDFC%20Bank%20share%20price%20slumps%209%25,%20set%20to%20record%20worst%20day%20since%20Covid%20crash
HDFC Bank shares plunged, erasing nearly ₹1 lakh crore in market value and marking their worst fall since the 2020 COVID crash. The decline followed the resignation of chairman Atanu Chakraborty, who cited value and ethics concerns. The bank said there were no other reasons for his exit, and Keki Mistry has been appointed interim chairman for three months.
https://img.etimg.com/photo/Rs%201%20lakh%20crore%20wiped%20off!%20HDFC%20Bank%20share%20price%20slumps%209%25,%20set%20to%20record%20worst%20day%20since%20Covid%20crash
HDFC Bank shares plunged, erasing nearly ₹1 lakh crore in market value and marking their worst fall since the 2020 COVID crash. The decline followed the resignation of chairman Atanu Chakraborty, who cited value and ethics concerns. The bank said there were no other reasons for his exit, and Keki Mistry has been appointed interim chairman for three months.
Rs 1 lakh crore wiped off! HDFC Bank shares slump 9%, set to record worst day since Covid crash
https://economictimes.indiatimes.com/markets/stocks/news/rs-1-lakh-crore-wiped-off-hdfc-bank-share-price-slumps-9-set-to-record-worst-day-since-covid-crash/articleshow/129671372.cms
HDFC Bank's stock price dropped sharply by 9% on Thursday. This decline erased Rs 1 lakh crore from its market value. The fall followed the resignation of its part-time Chairman, Atanu Chakraborty. He cited ethical concerns. Keki Mistry has been appointed as interim chairman. The market saw a significant sell-off.
https://economictimes.indiatimes.com/markets/stocks/news/rs-1-lakh-crore-wiped-off-hdfc-bank-share-price-slumps-9-set-to-record-worst-day-since-covid-crash/articleshow/129671372.cms
HDFC Bank's stock price dropped sharply by 9% on Thursday. This decline erased Rs 1 lakh crore from its market value. The fall followed the resignation of its part-time Chairman, Atanu Chakraborty. He cited ethical concerns. Keki Mistry has been appointed as interim chairman. The market saw a significant sell-off.
Macquarie drops HDFC Bank from ‘Marquee Buy’ after chairman's exit; flags governance concerns
https://economictimes.indiatimes.com/markets/stocks/news/macquarie-drops-hdfc-bank-from-marquee-buy-after-chairmans-exit-flags-governance-concerns/articleshow/129671863.cms
Brokerage Macquarie Capital has dropped HDFC Bank from its “Marquee Buy” list after part-time chairman Atanu Chakraborty resigned, flagging governance issues. Analysts say leadership uncertainty and board-level concerns may weigh on the stock despite stable fundamentals and strong return ratios.
https://economictimes.indiatimes.com/markets/stocks/news/macquarie-drops-hdfc-bank-from-marquee-buy-after-chairmans-exit-flags-governance-concerns/articleshow/129671863.cms
Brokerage Macquarie Capital has dropped HDFC Bank from its “Marquee Buy” list after part-time chairman Atanu Chakraborty resigned, flagging governance issues. Analysts say leadership uncertainty and board-level concerns may weigh on the stock despite stable fundamentals and strong return ratios.
HDFC Bank’s delayed response to chairman exit raises sentiment risks: Bernstein
https://economictimes.indiatimes.com/markets/stocks/news/hdfc-banks-delayed-response-to-chairman-exit-raises-sentiment-risks-bernstein/articleshow/129672273.cms
Brokerage Bernstein said HDFC Bank mishandled communication around former chairman Atanu Chakraborty’s resignation, delaying clarity and worsening uncertainty. Despite strong fundamentals, governance concerns, and leadership friction highlighted by new chairman Keki Mistry, fragile sentiment may slow investor confidence recovery.
https://economictimes.indiatimes.com/markets/stocks/news/hdfc-banks-delayed-response-to-chairman-exit-raises-sentiment-risks-bernstein/articleshow/129672273.cms
Brokerage Bernstein said HDFC Bank mishandled communication around former chairman Atanu Chakraborty’s resignation, delaying clarity and worsening uncertainty. Despite strong fundamentals, governance concerns, and leadership friction highlighted by new chairman Keki Mistry, fragile sentiment may slow investor confidence recovery.
Nifty Bank plunges 3% as HDFC Bank crashes: Key levels to watch out for
https://economictimes.indiatimes.com/markets/stocks/news/nifty-bank-plunges-3-as-hdfc-bank-crashes-key-levels-to-watch-out-for/articleshow/129672621.cms
HDFC Bank's shares plummeted nearly 9%, dragging the Nifty Bank index down over 3% and breaching key support levels. Other major bank stocks also saw declines, influenced by HDFC Bank's fall and the US Federal Reserve's hawkish stance. Investors now await the RBI's upcoming meeting for further direction.
https://economictimes.indiatimes.com/markets/stocks/news/nifty-bank-plunges-3-as-hdfc-bank-crashes-key-levels-to-watch-out-for/articleshow/129672621.cms
HDFC Bank's shares plummeted nearly 9%, dragging the Nifty Bank index down over 3% and breaching key support levels. Other major bank stocks also saw declines, influenced by HDFC Bank's fall and the US Federal Reserve's hawkish stance. Investors now await the RBI's upcoming meeting for further direction.
Cheers! Elara Capital sees 17% upside potential in United Breweries after Karnataka’s new excise policy, here’s why
https://economictimes.indiatimes.com/markets/stocks/news/cheers-elara-capital-sees-17-upside-potential-in-united-breweries-after-karnatakas-new-excise-policy-heres-why/articleshow/129674825.cms
Karnataka's new excise policy is set to benefit United Breweries significantly. The state is shifting to a global taxation standard, deregulating alcohol pricing. This move is expected to lead to price corrections in the economy beer segment, where United Breweries holds a substantial market share. Analysts predict a positive impact on the company's revenue and earnings.
https://economictimes.indiatimes.com/markets/stocks/news/cheers-elara-capital-sees-17-upside-potential-in-united-breweries-after-karnatakas-new-excise-policy-heres-why/articleshow/129674825.cms
Karnataka's new excise policy is set to benefit United Breweries significantly. The state is shifting to a global taxation standard, deregulating alcohol pricing. This move is expected to lead to price corrections in the economy beer segment, where United Breweries holds a substantial market share. Analysts predict a positive impact on the company's revenue and earnings.
Foreign selloff in financials hammers India's Nifty 50 to worst fortnight since COVID-19 crash
https://economictimes.indiatimes.com/markets/stocks/news/foreign-selloff-in-financials-hammers-indias-nifty-50-to-worst-fortnight-since-covid-19-crash/articleshow/129675325.cms
Foreign selling in Indian equities surged in the first half of March, led by financials, marking the heaviest fortnightly selling in 17 months and dragging the Nifty 50 to its worst fortnight since the COVID-19-led rout in March 2020.
https://economictimes.indiatimes.com/markets/stocks/news/foreign-selloff-in-financials-hammers-indias-nifty-50-to-worst-fortnight-since-covid-19-crash/articleshow/129675325.cms
Foreign selling in Indian equities surged in the first half of March, led by financials, marking the heaviest fortnightly selling in 17 months and dragging the Nifty 50 to its worst fortnight since the COVID-19-led rout in March 2020.
Banks are not the only villains in Nifty's 600 points crash, autos fair worse with up to 4% index fall
https://economictimes.indiatimes.com/markets/stocks/news/banks-are-not-the-only-villains-in-niftys-600-points-crash-autos-fair-worse-with-up-to-4-index-fall/articleshow/129676165.cms
Auto stocks led the market decline as the Nifty plunged 600 points, with the sector falling up to 4% amid rising crude oil prices and Fed-driven macro concerns. Weak sentiment was compounded by geopolitical tensions, while banks and IT also dragged indices lower despite broader sectoral pressure.
https://economictimes.indiatimes.com/markets/stocks/news/banks-are-not-the-only-villains-in-niftys-600-points-crash-autos-fair-worse-with-up-to-4-index-fall/articleshow/129676165.cms
Auto stocks led the market decline as the Nifty plunged 600 points, with the sector falling up to 4% amid rising crude oil prices and Fed-driven macro concerns. Weak sentiment was compounded by geopolitical tensions, while banks and IT also dragged indices lower despite broader sectoral pressure.
Bears attack! Sensex, Nifty see biggest single-day fall since June 2024 crash
https://economictimes.indiatimes.com/markets/stocks/news/bears-attack-sensex-nifty-see-biggest-single-day-fall-since-june-2024-crash/articleshow/129678232.cms
Indian stock markets experienced their worst single-day fall since the June 2024 election crash, with Sensex and Nifty plunging over 3% on Thursday. Soaring crude prices and hawkish US Federal Reserve commentary triggered the selloff, wiping out over Rs 11.5 lakh crore in market capitalisation. The decline mirrored the post-election panic, though markets historically show resilience.
https://economictimes.indiatimes.com/markets/stocks/news/bears-attack-sensex-nifty-see-biggest-single-day-fall-since-june-2024-crash/articleshow/129678232.cms
Indian stock markets experienced their worst single-day fall since the June 2024 election crash, with Sensex and Nifty plunging over 3% on Thursday. Soaring crude prices and hawkish US Federal Reserve commentary triggered the selloff, wiping out over Rs 11.5 lakh crore in market capitalisation. The decline mirrored the post-election panic, though markets historically show resilience.
HDFC Bank, TCS among 5 Sensex stocks hitting 52-week lows; down up to 16% in a month
https://economictimes.indiatimes.com/markets/stocks/news/hdfc-bank-tcs-among-5-sensex-stocks-hitting-52-week-lows-down-up-to-16-in-a-month/slideshow/129678702.cms
Indian stock markets experienced a significant downturn on Thursday. The benchmark Sensex dropped by 2,497 points, closing at 74,207. Amid this sharp decline, five prominent stocks within the BSE Sensex index reached their 52-week lows.
https://economictimes.indiatimes.com/markets/stocks/news/hdfc-bank-tcs-among-5-sensex-stocks-hitting-52-week-lows-down-up-to-16-in-a-month/slideshow/129678702.cms
Indian stock markets experienced a significant downturn on Thursday. The benchmark Sensex dropped by 2,497 points, closing at 74,207. Amid this sharp decline, five prominent stocks within the BSE Sensex index reached their 52-week lows.
Worst fall since 2024 crash: Markets tank on crude spike, global jitters
https://economictimes.indiatimes.com/markets/stocks/news/worst-fall-since-2024-crash-markets-tank-on-crude-spike-global-jitters/videoshow/129680590.cms
https://economictimes.indiatimes.com/markets/stocks/news/worst-fall-since-2024-crash-markets-tank-on-crude-spike-global-jitters/videoshow/129680590.cms
Rupee to open gap-down on Friday amid oil price surge, continued FII outflows. Check range
https://economictimes.indiatimes.com/markets/stocks/news/rupee-to-open-gap-down-on-friday-amid-oil-price-surge-continued-fii-outflows-check-range/articleshow/129680942.cms
Rupee is likely to open sharply weaker after the Gudi Padva holiday, pressured by surging crude oil prices and a stronger dollar. Experts see bearish cues, though possible RBI intervention may limit losses amid heavy FII outflows.
https://economictimes.indiatimes.com/markets/stocks/news/rupee-to-open-gap-down-on-friday-amid-oil-price-surge-continued-fii-outflows-check-range/articleshow/129680942.cms
Rupee is likely to open sharply weaker after the Gudi Padva holiday, pressured by surging crude oil prices and a stronger dollar. Experts see bearish cues, though possible RBI intervention may limit losses amid heavy FII outflows.
Market Trading Guide: Buy ACME Solar and Ather Energy on Friday for gains up to 14%
https://economictimes.indiatimes.com/markets/stocks/news/market-trading-guide-buy-acme-solar-and-ather-energy-on-friday-for-gains-up-to-14/articleshow/129682404.cms
Nifty tumbled amid surging crude oil prices and the Fed’s cautious rate outlook, with technical indicators signaling bearish momentum. Analysts warn of further downside below 23,000, while select stocks like ACME Solar and Ather Energy show bullish breakout potential.
https://economictimes.indiatimes.com/markets/stocks/news/market-trading-guide-buy-acme-solar-and-ather-energy-on-friday-for-gains-up-to-14/articleshow/129682404.cms
Nifty tumbled amid surging crude oil prices and the Fed’s cautious rate outlook, with technical indicators signaling bearish momentum. Analysts warn of further downside below 23,000, while select stocks like ACME Solar and Ather Energy show bullish breakout potential.
Ahead of Market: 10 things that will decide stock market action on Friday
https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-friday/articleshow/129683153.cms
Indian markets tumbled sharply as rising crude oil prices and the Fed’s cautious rate outlook dented sentiment. Nifty and Sensex saw steep declines, volatility spiked, and technical indicators signaled further downside risk with bearish momentum dominating near-term market direction.
https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-friday/articleshow/129683153.cms
Indian markets tumbled sharply as rising crude oil prices and the Fed’s cautious rate outlook dented sentiment. Nifty and Sensex saw steep declines, volatility spiked, and technical indicators signaled further downside risk with bearish momentum dominating near-term market direction.
HDFC Bank ADRs crash another 4% after sharp selloff, hinting at more losses on Friday
https://economictimes.indiatimes.com/markets/stocks/news/hdfc-bank-adrs-crash-another-4-after-sharp-selloff-hinting-at-more-losses-on-friday/articleshow/129684783.cms
HDFC Bank's US-listed shares dipped further following the former chairman's sudden resignation, citing ethical concerns. Despite management's reassurances and a lack of specific details, investors remain cautious. Analysts, however, see the stock correction as a potential buying opportunity, emphasizing the bank's strong fundamentals and leadership continuity over perceived tactical differences.
https://economictimes.indiatimes.com/markets/stocks/news/hdfc-bank-adrs-crash-another-4-after-sharp-selloff-hinting-at-more-losses-on-friday/articleshow/129684783.cms
HDFC Bank's US-listed shares dipped further following the former chairman's sudden resignation, citing ethical concerns. Despite management's reassurances and a lack of specific details, investors remain cautious. Analysts, however, see the stock correction as a potential buying opportunity, emphasizing the bank's strong fundamentals and leadership continuity over perceived tactical differences.
Sebi may allow FPIs to settle net value of cash market trades
https://economictimes.indiatimes.com/markets/stocks/news/sebi-may-allow-fpis-to-settle-net-value-of-cash-market-trades/articleshow/129689922.cms
Sebi is set to consider proposals to allow FPIs to net cash market trades, aiming to reduce costs and boost foreign investment amid record outflows. The regulator also plans to review 'fit and proper' criteria for intermediaries, potentially removing automatic disqualification for individuals facing unproven economic offense allegations.
https://economictimes.indiatimes.com/markets/stocks/news/sebi-may-allow-fpis-to-settle-net-value-of-cash-market-trades/articleshow/129689922.cms
Sebi is set to consider proposals to allow FPIs to net cash market trades, aiming to reduce costs and boost foreign investment amid record outflows. The regulator also plans to review 'fit and proper' criteria for intermediaries, potentially removing automatic disqualification for individuals facing unproven economic offense allegations.
Small-caps bear the brunt as geopolitical risks dent valuations
https://economictimes.indiatimes.com/markets/stocks/news/small-caps-bear-the-brunt-as-geopolitical-risks-dent-valuations/articleshow/129689947.cms
Small-cap stocks are facing greater valuation pressure due to geopolitical concerns. More than half of these smaller companies trade below their three-year average valuations. Technical indicators also suggest small-caps are entering oversold territory faster. This trend persists across longer timeframes, indicating significant price exhaustion in the small-cap segment.
https://economictimes.indiatimes.com/markets/stocks/news/small-caps-bear-the-brunt-as-geopolitical-risks-dent-valuations/articleshow/129689947.cms
Small-cap stocks are facing greater valuation pressure due to geopolitical concerns. More than half of these smaller companies trade below their three-year average valuations. Technical indicators also suggest small-caps are entering oversold territory faster. This trend persists across longer timeframes, indicating significant price exhaustion in the small-cap segment.
FPIs pull out Rs 89,916 crore in record 15-day sell-off, Nifty slides 10%
https://economictimes.indiatimes.com/markets/stocks/news/fpis-pull-out-rs-89916-crore-in-record-15-day-sell-off-nifty-slides-10/articleshow/129689964.cms
Foreign investors have withdrawn a record 89,916 crore from Indian stocks. This outflow over 15 sessions is the largest in two decades. Domestic mutual funds bought 71,183 crore to support the market. Previous heavy selling by foreign investors was also cushioned by domestic fund purchases.
https://economictimes.indiatimes.com/markets/stocks/news/fpis-pull-out-rs-89916-crore-in-record-15-day-sell-off-nifty-slides-10/articleshow/129689964.cms
Foreign investors have withdrawn a record 89,916 crore from Indian stocks. This outflow over 15 sessions is the largest in two decades. Domestic mutual funds bought 71,183 crore to support the market. Previous heavy selling by foreign investors was also cushioned by domestic fund purchases.