Latest Stock Market News

The website of AMC Repo lists 128 eligible issuers, which include the State Bank of India, Adani Ports and Special Economic Zone, Bharat Petroleum Corporation, HDFC Bank, Reliance Industries, Indian Oil Corporation, Larsen & Toubro, Shriram Finance, Tata Steel and Power Finance Corporation.

The investors who looked beyond Nifty have been handsomely rewarded. While Nifty has moved 1,736 points since the last Independence Day, which is a 9.8% gain, (Friday, August 12, 2022), the Nifty MidCap 100 has rallied 6,964 points or 22.61% and Nifty SmallCap 100 has traversed 2,241 points or 23.78%.

Nifty 100 stocks such as Polycab, PNB and Adani Power are trading at a lower PE than their respective industry PE.

“Sourav Ganguly was Maharaja of the off side but not necessarily that great a player on the on side. But he developed that onside in order to become a successful player. If he had remained Maharaja of the off side, then he would not have been as successful cricketer as he was. We need to be mimicking Sourav Ganguly in mastering the on side.”

Eight stocks have corrected more than 50% from their respective 52-week highs, and three of the biggest losers in this list are Adani Group firms - Adani Green Energy, Adani Energy Solutions, and Adani Total Gas. These stocks were down 62-84% from their 52-week highs. While Adani Wilmar was down 55% from its 52-week high, Adani Power corrected more than 33%, and Adani Enterprises about 39%.

For countless individuals, the burden of debt casts a shadow over their ability to lead a life on their own terms. The pursuit of financial independence necessitates understanding the intricacies of the debt cycle.

The qualified institutional buyers (QIB) portion of the TVS Supply Chain Solutions IPO was subscribed 1.35 times, while the non-institutional investor (NII) segment was subscribed 2.35 times. The retail individual investor category saw bids for 7.61 times the shares set aside for them.

Here’s a list of the top 10 midcap stocks in which mutual funds pared stake in July.

According to the RBI, with rapid progress in digitalisation, India has embraced the concept of digital public infrastructure which encourages banks, NBFCs, fintechs and startups to create and provide innovative solutions in payments, credit, and other financial activities.

Sebi said there are adequate safeguards in place for public shareholders, such as a proposal for delisting requiring approval of the shareholders through a special resolution. The proposal can be acted upon only if the votes cast by public shareholders in favour of the plan are at least two times the votes cast against it.