markets

Sebi may get to regulate private cryptocurrencies

Investors may get at least three months to declare their crypto holdings and have to comply with new norms. A final decision, however, will be taken by the Cabinet, which may consider on Wednesday the draft the Cryptocurrency and Regulation of Official Digital Currency Bill 2021, the sources said.

Maintain ‘buy’ on L&T with SOTP-based PT of ₹2,405

Discussions are on with ESG rating agencies on the defence exposure. We maintain L&T is on a re-rating path, esp. with capex showing recovery trends. Any ESG rating upgrade would be an added sweetener. Buy.

ICICI Securities: Maintain ‘buy’ with a one-year TP of Rs 970

In the past six quarters, ISEC’s Retail Brokerage revenue have been in the Rs 3-3.5b range, in spite of a strong growth in client addition.

Sugar exports slow as global prices fall

However, the prices came down sharply after the spread of the Omicron variant that spoilt market sentiment, said Rahil Shaikh, managing director, MEIR Commodities India.

Betting on his beliefs: An investor with a difference

For Siddharth Kothari, chief investment strategist at Om Kothari Group, sustainable products are what resonate with his vegan lifestyle and his investment choices

Wall Street leaps as Nasdaq rallies 3% on boost from Big Tech, chipmakers

All of the 11 major S&P sectors advanced, with the information technology sector, which houses companies like Mastercard Inc, Apple Inc and Microsoft Corp, gaining 3.4%.

Rategain Travel IPO subscribed 41% on Day 1 of offer

RateGain is among the leading distribution technology companies globally and the largest Software as a Service (SaaS) company in the hospitality and travel industry in India.

Decline in prices of Bitcoin, others hit crypto fund inflows, leads to $40m outflows: Report

Bitcoin inflows totalled $145 million last week even as it bore the brunt of investor jitters with outflows of $42 million on Friday, according to CoinShares.

Sensex rallies 886 points as bulls return to Dalal Street, Nifty may breach 17,300 soon

S&P BSE Sensex soared 886 points or 1.5% to end at 57,633 while NSE Nifty 50 zoomed 264 points to settle at 17,176.

Star Health IPO share allotment: Check status via BSE, KFintech, grey market premium; listing on Dec 10

The initial public offering of Rakesh Jhunjhunwala-backed Star Health and Allied Insurance Company Limited was undersubscribed at just 79%.

Sebi amends delisting rules to make M&A more convenient

Under the new framework, promoters or acquirers need to disclose their intention to delist the firm through an initial public announcement, according to a notification.

Cathie Wood’s ARK sells shares of Tesla, Facebook, Amazon, JD.com while adding more Twitter shares

As the indices soared higher, Cathie Wood’s ARK Investment Management was seen selling big names such as Facebook, Amazon, and Elon Musk’s Tesla Inc.

Apollo Hospitals, Info Edge may replace Indian Oil in Nifty; Zomato could enter Nifty Next 50 soon

Indian Oil could be on its way out of the benchmark NSE Nifty 50 index in the upcoming Semi-Annual Index Rejig.

Rakesh Jhunjhunwala’s multibagger stock: This Rs 69 share has gained 150% this year; should you buy?

Ace investor Rakesh Jhunjhunwala's portfolio has a multibagger share priced below Rs 70, which has more than doubled this year.

RateGain Travel IPO opens for subscription; check issue price, GMP, other details here

RateGain Travel Technologies Rs 1,336 crore IPO opened for subscription today as the IPO rush-hour continues on Dalal Street.

Metro Brands sets IPO price band at Rs 485-500 /share

Footwear retailer Metro Brands Ltd, backed by Rakesh Jhunjhunwala, on Tuesday fixed a price band of Rs 485-500 a share for its Rs 1,368-crore initial share sale.

Vedanta, Tata Motors, InterGlobe Aviation, Power Grid among stocks in focus today

The Nifty index formed a long bear candle on the daily chart, which indicate a sharp downward reversal in the market after a decent upside bounce of last week, said technical analysts.

Share Market Highlights: Sensex closes 886 pts higher at 57,633, Nifty adds 264 pts to end at 17,176

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Bulls returned to Dalal Street on Tuesday amid positive global cues.

Ipca Laboratories Rating ‘Buy’; Growth levers are intact for the company

Normalcy likely to return in FY23 after a difficult FY22; ‘Buy’ maintained with a target price of Rs 2,530

Bharat Petroleum Rating ‘Buy’; No divestment premium in current price

Given capital efficiency, stock’s outperformance over OMC peers is likely to resume; ‘Buy’ retained with revised TP of Rs 540

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