ETMarkets Investors' Guide: How Omicron may impact the unlock trade in stock market

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The week that was: ZEE, hotel stocks among 10 counters that buzzed the most

After a 21-fold return in the last year, shares of Tata Teleservices saw a rare profit booking during the week. The stock ended down over 14 per cent and was the biggest loser in the BSE500 pack.

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India Inc raises over Rs 9 lakh crore through equity, debt issuances in 2021

In 2020, firms raised Rs 11 lakh crore, including Rs 7.91 lakh crore through debt and Rs 2.12 lakh crore through equity.

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India's record stock rally made investors richer by Rs 72 lakh crore in 2021

The BSE Sensex made history this year by breaching the 50,000-mark for the first time ever, and went on to scale the 60,000 level within the next seven months. It closed at its lifetime high of 61,765.59 on October 18.

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Mcap of five of top-10 valued companies soars more than Rs 1 lakh cr

Reliance Industries added Rs 21,035.95 crore to take its valuation to Rs 16,04,154.56 crore. The valuation of Infosys zoomed Rs 17,656.95 crore to Rs 7,83,779.99 crore and that of Hindustan Unilever Limited gained Rs 16,000.71 crore to Rs 5,40,053.55 crore.

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F&O expiry, FPI selling among key factors that may guide market this week

Foreign investors continued their unabated selling last week, a trend seen in the last three months. They have withdrawn Rs 17,825 crore so far in the month.

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Asset bubbles? Champagne outfizzes Big Tech and Bitcoin in 2021

Data from LiveTrade, which runs the "Bordeaux Index" of drinks, showed champagne accounted for 15 of the 20 top price rises on the platform in 2021.

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Glen Greenberg's tips on how to become a successful value investor

Relatively unknown to the value investing community, Greenberg's returns over the past few decades have been nothing short of astonishing. Between 1984 and 2009, his fund produced an annual return of 18% compared with the market's 12%. Assets under management also increased from $43 million in 1984 to $3 billion in 2009.

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Markets slip into red zone again after 3-day rally

The BSE Sensex fell 190.97 points or 0.33% to close at 57,124.31. The NSE Nifty declined 68.85 points or 0.4% to end at 17,003.75. Both indices had fallen almost 1% during the day. The reduction in losses on Friday helped the benchmarks post a 0.2% gain for the week.

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Data Patterns lists at 48% premium, ends with 29% gain

The stock debuted at ₹864 on the BSE and at ₹856.05 on the NSE. The stock ended the day at ₹754.85 on the BSE, up 29% over the issue price. The ₹588.2-crore IPO of the Chennai-based company was subscribed 119.62 times.

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Corp FDs witness rise in popularity, offer 100-150 bps over bank deposits

"A fixed deposit is a very simple product to understand. A corporate deposit gives you an alpha of 100-150 basis points over a bank deposit, which attracts investors," says Vinay Taluja, Chief Product Officer, Bajaj Capital, a national financial products distributor.

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Sebi levies Rs 17-cr fine on Cals Refineries Ltd, its officials and one entity

Cals Refineries had issued 78.8 lakh GDRs amounting to USD 200 million and the issue had closed on December 12, 2007.

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Buy Colgate-Palmolive, target price Rs 1510: Kotak Securities

Colgate-Palmolive (India) Ltd. key Products/Revenue Segments include Personal Care, Service Income and Scrap for the year ending 31-Mar-2021.

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SGX Nifty up 70 points; here's what changed for market while you were sleeping

Asian stocks opened higher on Friday, extending US rallies amid optimism that the Omicron strain of Covid-19 will not significantly weigh on growth. MSCI's index of Asia-Pacific shares outside Japan was up by 0.24 per cent.

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Stocks in the news: Data Patterns, TCS, L&T Finance, IOC and Havells

Data Patterns will make its debut on the bourses today. It raised Rs 588.22 crore between December 14-16 by selling its shares in the range of Rs 555-585 apiece.

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Global investors, PE firms triple investments in India's API sector

Three private equity-led investment platforms have been created specifically targeting the API space, while at least half a dozen transactions are in various stages of negotiations, according to bankers and fund managers.

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Lenders to vote on Vedanta's ₹2,800 crore offer for Lanco unit

Vedanta and iLabs Group were the only two bidders under the Insolvency and Bankruptcy Code (IBC) provisions for the stressed thermal power company Lanco Amarkantak that owns two operating power plants in Chhattisgarh and four that are under construction.

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IndiGo EGM call signals truce among promoters

The EGM has been called to amend the AoA, which, among other things, say that if one promoter decides to sell his shares, the other has the right of first refusal to buy them.

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RBI extends card tokenisation deadline by 6 months

The move comes after digital payment firms, like Merchant Payments Alliance of India (MPAI) and the Alliance of Digital India Foundation (ADIF), voiced their concerns over industry readiness.

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Sebi signs enhanced multilateral MoU of International Organization of Securities Commissions

The EMMoU was introduced by IOSCO to expand the range of enforcement powers that signatories may use to safeguard the integrity and stability of markets, protect investors and deter misconduct and fraud, Sebi said.

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Sebi overhauls advisory committees on secondary mkts, mutual funds, corporate bonds

The advisory committee will now be chaired by Madhabi Puri Buch, ex-whole time member of Sebi. The panel was earlier headed by IIM Ahmedabad professor and former whole-time member of Sebi, Jayanth R Varma.

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NSE-BSE bulk deal: United Insurance sells 20,000 shares of Lakshmi Automatic in 2 days

The government-owned insurer had sold 10000 shares yesterday as well, though at a lower price of Rs 675 per share. As of September-end shareholding data, United India Insurance held 30,018 shares of the company or 4.49 per cent of all shares.

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Asian shares advance, dollar soft as markets decide Omicron fallout limited

A global share rally continued in early Asian trading on Thursday and the safe haven dollar was on the back foot as markets took cheer from positive signs about the impact of the omicron variant of COVID-19 and U.S. economic data.

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SBI, Union Bank to go ahead with Swiss Challenge auction for KSK Mahanadi Power loans

In the Swiss auction process, lenders first hold an auction of the NPA, and the offer made by the highest bidder (also known as anchor bidder) is set as the reserve price.

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ZEE-Sony merger could face legal hurdles

According to Vaibhav Choukse, partner at law firm JSA, given the market presence of the parties, including their market shares, the deal may need the filing of the more detailed Form II, or long form, and require complex competition analysis.

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Easy money policy could end from Feb, show MPC minutes

The MPC kept the policy repo rate unchanged at 4.0 per cent. The reverse repo rate too was maintained at 3.35 per cent.

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Vedanta plans to raise up to Rs 1,000 cr via NCDs

"The company proposes to offer rated, secured, redeemable, non-cumulative, non-convertible debentures aggregating up to Rs 1,000 crore," the filing said.

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NSE-BSE bulk deal: United India Insurance sells 10,000 shares of Lakshmi Automatic

In another transaction, Rajasthan Gases bought 2,680,000 shares of Gujarat Natural Resources Limited at Rs 11.50 per share. Shares were sold by Patron Energy, Sakira Finance and Blowing Traders.

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Asian shares trade higher despite Omicron threat

Asian markets were gaining ground on Wednesday as the risk appetite of global investors rises heading into year-end, despite the surging number of Omicron variant cases around the world. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6%, after U.S. stocks ended the previous session with gains.

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ZEE-Sony merger: Companies all set to sign on the dotted line

The development comes as ZEE is embroiled in a legal battle with largest shareholder Invesco over control of the media company.

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Several MNCs under IT scanner for deals done via Mauritius Cos

After private equity firms and fund houses, the taxman has raised the spectre of capital gains and judicial General Anti Avoidance Rule (GAAR) over several multinationals that had invested in India or sold part of their assets through Mauritius entities between 2013 and 2016.

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Blackstone plans India’s maiden retail properties REIT, portfolio valued over $2 billion

Blackstone’s portfolio of income-producing retail assets for this REIT is estimated to be valued in the range of $2.2-2.5 billion, or about Rs 16,500-18,750 crore.

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LSF rejects plan to wind up RattanIndia Finance

Lone Star says its ploy to shift attention from his fraudulent conduct, Rajiv Rattan the private equity is trying to extract best price.

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Share price of Adani Green jumps as Sensex gains 905.82 points

A total of 3,712 shares changed hands on the counter till 11:42AM (IST)

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Share price of Adani Ent. jumps as Sensex gains 861.93 points

Promoters held 66.33 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 18.05 per cent and 1.64 per cent, respectively.

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Escorts gains as shareholders approve allotment of 94 lakh shares to Kubota

Kubota Corporation planned to increase its equity stake in Escorts by subscribing to new equity shares proposed to be issued by the latter to become a joint promoter.

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Buy Dabur India, target price Rs 700: ICICI Securities

Dabur India Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 98681.75 Crore) operating in FMCG sector.

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Stocks in focus: GCPL, Wipro, Adani Ent and more

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Dish TV promoter moves court for ownership of shares held by Yes Bank

The development comes at a time when Yes Bank, the largest shareholder in the DTH company, has already approached the National Company Law Tribunal (NCLT) seeking a direction to the Dish TV board to call an extraordinary general meeting (EGM) of the shareholders for a board reconstitution.

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Share price of CG Consumer falls as Sensex drops 1403.88 points

A total of 46,299 shares changed hands on the counter till 12:02PM (IST)

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China cuts lending benchmark, market sees more easing in 2022

The one-year LPR was lowered by 5 basis points to 3.80% from 3.85% previously, while the five-year LPR remained at 4.65%.

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Vedanta declines 2.5% as Sensex slides

The stock traded at a P/E multiple of 6.47, while the price-to-book value ratio stood at 1.37.

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Sensex falls! These stocks are down 5% or more on BSE

In the Nifty pack, 5 stocks were trading in the green, while 45 stocks were trading in the red.

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Buy India Pesticides, target price Rs 385: JM Financial

India Pesticides Ltd., incorporated in the year 1984, is a Small Cap company (having a market cap of Rs 3492.33 Crore) operating in Pesticides/Agro Chemicals sector.

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Sell Mahindra & Mahindra Financial Services, target price Rs 140: Chandan Taparia

Mahindra & Mahindra Financial Services Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 18545.30 Crore) operating in NBFC sector.

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Future may use CCI order to get Amazon cases quashed

One of the sources said the BSE-listed FRL may make representations to all courts and bodies that are hearing the over year-long dispute between Future Group and Amazon over the sale of the former's retail assets to Reliance Retail.

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India Inc can borrow more to fuel growth

The decline in investments post the global financial crisis cannot be solely attributed to weak economic conditions. Leverage has a greater role in determining the investment pattern of the corporates with there being a negative relation between the two.

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Listing fee dues cannot be recovered under operational debt: NCLAT while dismissing BSE petition

Listing fees comes under the ambit of 'regulatory dues', which markets regulator Sebi is entitled to recover, and the defaulting company being an entity registered under Sebi is under an obligation to follow the regulations prescribed by the regulator for the recovery of its dues, observed the NCLAT.

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Ahead of Market: 12 things that will decide stock action on Monday

Gaurav Ratnaparkhi of Sharekhan said that the short-term range has shifted lower for Nifty50 to 16,780-17,400 levels.

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Trade Setup: Keep exposure at modest levels, selective approach advised

For any major resumption of the up move, moving past 17,300 is crucial. On the other hand, defending 17,000 is equally important for the markets. Over the coming days, the zone of 16,750-17,000 will be crucial for the Nifty to defend.

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The week that was: Network 18 Media tanks, glass players zoom up to 36%

In the BSE500 index, over 420 stocks closed in the negative zone, whereas merely 80 stocks were able to register gains. About 30 stocks registered a decline of 10 per cent or more.

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Economic trends that may dominate the minds of investors in 2022

"India is well-positioned to attract global trade with the various government incentives to promote manufacturing."

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ETMarkets Investors' Guide: Why tech stocks are losing their charm on Dalal Street

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Wipro to replace Bajaj Auto in Sensex

According to Edelweiss Alternative Research, this rejig would mark the inflows of $154.3 million in Wipro, the third-largest IT player in terms of market capitalisation. On the other hand, Bajaj Auto could see outflows of $69.1 million.

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Harsh reality for Shriram Properties ahead of listing, premium fizzles out in grey market

The south India-based realty player is trading at a discount in the grey market following the intense sell-off. However, it was commanding a mild premium when the issue was open for subscription.

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