No change in schedule, issue price of FPO, confident of success: Adani Ent

All our stakeholders including bankers and investors have full faith in the FPO, Adani Enterprise said in a statement

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Bankers consider delay, price cut in Adani's $2.5 bn FPO after market rout

Seven listed companies of the conglomerate controlled by Gautam Adani have lost a combined $48 billion in market valuation since Hindenburg report came out

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Hindenburg report on Adani group: Index provider MSCI invites feedback

Adverse feedback could lead to reduction in weightage of Adani stocks in MSCI indices

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As market capitalisation takes a beating, Adani group slips to No. 3

Total m-cap lowest since March 2022 after 2-day decline

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Dixon Tech plunges 20% to hit 52-week low on disappointing Q3 results

The management cut FY23 sales guidance to Rs 12,000-Rs 12,500 crore, from Rs 14,000-Rs 14,500 crore guided a few months earlier

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ITC gains nearly 3%, hits over two-month high in weak market

Brokerages expect strong growth for ITC's FMCG business led by price hikes, strong traction in discretionary categories (due to high mobility) & strong growth in education & stationary business.

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Tata Motors surges 6%, hits over 4-month high on strong Q3 performance

Tata Motors will benefit from a macro recovery in India, company-specific volume/margin drivers, and a sharp improvement in FCF and leverage in both JLR and India ops, Motilal Oswal said in a note.

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Pharma, Energy, Commodities indices look bearish on charts: Ravi Nathani

According to the technical analyst, the Nifty Energy index can drop to 24,239, and the Pharma to 12,100.

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Stocks to Watch: Adani Group, Tata Motors, Dr.Reddy's, DLF, Airtel, IGL

Stocks to Watch: Adani Enterprises FPO and Earthstahl & Alloys IPO opens for subscription on Friday. Shares of Adani Group companies also likely to be in focus amid the Hindenburg controversy.

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India to move to T+1 settlement from Friday: Here's what experts say

Friday will be a landmark day for the domestic markets with all listed stock entering the so-called T+1 settlement cycle

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India sells first green bonds at 5-6 basis points below sovereign yields

The proceeds would be used for 'green' projects such as solar power, wind and small hydro projects and other public sector projects that help reduce the economy's carbon footprint

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Gold, silver unchanged; yellow metal sells at Rs 57,490 per 10 grams

Silver is selling at Rs 72,500 per kg

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India should consider reducing 1% TDS rate on cryptocurrency trade: Report

India should consider lowering the 1 per cent TDS on crytocurrency trade as a high rate is causing a flight of capital and users to platforms in foreign jurisdictions and the grey market, a report said on Tuesday. The 'Impact Assessment of 1 per cent TDS on VDAs' report by Chase India and Indus Law said the crypto platforms/exchanges must also perform customer due diligence which can help uncover any potential future risk. "The existing 1 per cent TDS on crypto trade, combined with the absence of comprehensive regulations, is causing a flight of capital and users to platforms in foreign jurisdictions and the grey market," it said. The government, from April 1 last year, has brought in a 30 per cent income tax plus surcharge and cess on transfer of virtual digital assets (VDAs), including cryptocurrencies, like Bitcoin, Ethereum, Tether and Dogecoin. Also, to keep a tab on the money trail, a 1 per cent TDS has been brought in on payments over Rs 10,000 towards virtual digital ...

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Sebi study suggests 89% retail traders in equity F&O suffered losses

Sebi on Wednesday said it will soon issue guidelines on additional risk disclosures required to be made by brokers and exchanges to investors as its study suggested that every 9 in 10 individual traders in the equity F&O segment suffered losses in FY 2021-22. The findings, part of a study conducted by the regulator under the supervision of a working group, analysed the trading by individual investors with regard to net profit or loss encountered by them in the equity F&O (Futures & Options) segment for the period FY19 and FY22 only. The study is based on a sample of all individual clients of all the top-10 stock brokers, accounting for 67 per cent of the overall individual client turnover in the equity F&O segment during FY 2021-22. It revealed that 89 per cent of the individual traders (9 out of 10 individual traders) in the equity F&O segment incurred losses, with an average loss of Rs 1.1 lakh during FY22. Moreover, 90 per cent of the active traders incurred ...

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Zomato plunges 15%, hits lowest level since July 2022 on heavy volumes

In the past three months, the stock price of Zomato has tanked 31 per cent, as compared to 1.5 per cent rise in the S&P BSE Sensex

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TVS Motor gains 3% in weak market on stable Q3 performance

Domestic demand is expected to improve sequentially in 4Q, supported by better rural market sentiment on the back of strong rabi crop sowing and higher MSPs.

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Gold, silver prices rise in early trade; yellow metal selling at Rs 57,490

Silver prices rose Rs 200 from yesterday's close to Rs 72,500 per kg

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Indus Towers tanks 5%, hits over 2-year low on reporting net loss in Q3

The loss in the books was a result of adoption of stringent accounting practices by the Company due to continued shortfall in collections from one of the major customers, the company said.

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Nifty outlook and two stock picks by Vinay Rajani of HDFC Securities

Sustainable level above 18,201 could result in to momentum buying in the coming sessions, which could take Nifty towards next resistance of 18,500

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Alia Bhatt's age to Bitcoin prices, here is what India asked Alexa in 2022

Users were interested in trivia and global events, and frequently turned to Alexa to brush up their knowledge

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Former Sebi-chief Damodaran launches midcap corporate governance index ATOM

Airawat Indices Pvt Ltd, a joint venture firm founded by former Sebi Chairman M Damodaran and Decimal Point Analytics, has launched a new index ATOM, comprising 30 midcap companies listed on stock exchanges. ATOM (Airawat Touchstone MidCap Index) is a thematic index designed to serve investors seeking to invest in "well-governed mid-cap companies", the company said in a release. The joint venture has selected these 30 midcap companies from the AMFI's (Association of Mutual Funds in India) list of midcap 150 stocks as the starting point of its scoring methodology. Damodaran, former Chairman of UTI and IDBI, also announced a Corporate Governance Index for midcap companies. The methodology to select the 30 companies in ATOM captures the financial quality and corporate governance standards of the AMFI midcap universe, it said, adding the index is reconstituted every six months based on revisions AMFI makes to its list of 150 midcap companies. Speaking at the launch of ATOM, Damodaran

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Gold price up in early trade; yellow metal sells at Rs 57,110 per 10 grams

Silver prices remained unchanged from yesterday's close at Rs 72,300 per kg

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Profit-booking in Axis Bank after strong Q3 results, stock slumps 2%

With Tuesday's decline, the stock price of Axis Bank corrected 6 per cent from its record high level of Rs 970.45, which it had touched on January 4, 2023

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HDFC Bank rallies 7% in six days; stock inches towards all-time high

The management said the final hearing of NCLT, regarding the merger with HDFC, would take place on January 27, 2023, post which regulatory process will remain to be undertaken.

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MARKET LIVE: Firm global cues to sway indices; Maruti, Axis Bank in focus

Stock market LIVE: Markets in China, Hong Kong, Taiwan, South Korea, Malaysia and Singapore are closed for a holiday

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India bluechips to shift to world's fastest settlement cycle T+1 this week

Shares of about 200 of India's biggest listed companies are set to move to a faster settlement cycle, making the South Asian nation the second market after China to switch to the so-called T+1 system

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Bitcoin Suisse AG selects TCS BaNCS for its crypto-financial technology transformation

BTCS selected TCS BaNCS for its native support for digital assets and Swiss and global market readiness. The secure and scalable cloud-based solution covers all core functions like brokerage, custody, payments for crypto assets, including risk monitoring and supervision capabilities, and ensures continued regulatory compliance in Switzerland.

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Bank of Baroda, CG Power may get added to MSCI global standard index

Biocon is expected to get excluded from the index

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Gold, silver unchanged; yellow metal trades at Rs 57,060 per 10 grams

Silver is selling at Rs 72,300 per kg

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MARKET LIVE: Sensex up 200pts in pre-open; Rupee at 10-week high of 80.94/$

Stock market LIVE: SGX Nifty was up 95 points at 18,139 levels at 7:50 AM

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Ravi Nathani expects Nifty to hit 18,400; cautions on Pvt Bank

According to the technical analyst, the Nifty 50 is expected to get strong support in the range of 17,925 to 18,000.

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Stocks to watch: ICICI Bank, RIL, UltraTech, Adani Ent, SBI Life, Petronet

Stocks to Watch: Shares of Axis Bank, Canara Bank, IDBI, Jindal Stainless and Tata Communications will be in focus ahead of Q3 results on Monday.

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Signature Bank pulls back from crypto transactions below $100,000: Binance

The shift comes after the Federal Deposit Insurance Corporation warned of crypto-asset risks

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FPIs pull out Rs 15,236 crore from equities in Jan as China reopens

The outflow in January came following a net inflow of Rs 11,119 crore in December and Rs 36,239 crore in November

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Markets regulator Sebi launches information database on municipal bonds

Markets regulator Sebi has launched an information database on municipal bonds. As part of efforts to develop the bond markets, an outreach programme on municipal bonds and municipal finance was organised by Sebi in the national capital on January 20 and 21, according to a release on Sunday. Representatives from various stakeholders, including the Ministry of Housing and Urban Affairs, municipal corporations, stock exchanges, credit rating agencies, merchant bankers and debenture trustees, participated in the programme. At the event, Sebi Chairperson Madhabi Puri Buch emphasised the potential of municipal bonds in infrastructure development and nation building. The information database was launched at the event. "The information database contains a wide range of information in the form of statistics and regulations, circulars, guidance note and Frequently Asked Questions issued by Sebi in respect of municipal debt securities," it said. According to the release, the repository con

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