How to smoothen the disinvestment process for a listed PSU - about 1 hour ago
A typical disinvestment of a PSU goes through various steps such as submission of the disinvestment proposal within the government, grant of approval by the government, selection of transaction advisors and other advisors, invitation of expression of interest, shortlisting of eligible bidders, providing data-room access for due diligence purposes, submission of bids and announcement of successful bidder.
Economic Times

FPIs increase selling in secondary market in November - about 1 hour ago
There have been less than five instances over the past decade when FPIs sold more $ 4 billion of Indian equities in a month through the stock exchange route.
Economic Times

Trade Setup: Defending 16,900 level crucial for Nifty50 - about 1 hour ago
Tuesday is likely to see Nifty50 trying to find a base if there is no overnight weakness to inherit. The levels of 17000 and 17085 will act as immediate resistance points. The supports come in at 16850 and 16790.
Economic Times

Private equity fund Greater Pacific Capital buys around 14% in Muthoot Microfin for $50 mn - about 3 hours ago
This is the PE's maiden equity investment in India’s microfinance space, which has bounced back with healthy loan disbursement and loan recovery from the field after seeing severe stress in the June quarter during the peak of the second wave of pandemic.
Economic Times

Wall Street opens higher on banks, energy boost - about 3 hours ago
The Dow Jones Industrial Average rose 53.35 points, or 0.15 per cent, at the open to 34,633.43.
Economic Times

Sterlite Power, ESDS Software get Sebi’s go-ahead to float IPOsPTI - about 3 hours ago
Going by the draft papers, Sterlite Power Transmission is looking to raise Rs 1,250 crore through an initial share-sale.
Financial Express

Biggest gainers & losers of the day: MTNL hits upper circuit, Inox Wind drops 7% - about 5 hours ago
PSU telecom players MNTL hit its upper circuit as the government is eyeing to unlock the value of its land bank. JBM Auto shined before the stock split. Prakash Industries topped among the losers and investors booked profits in Nxtdigital.
Economic Times

MapMyIndia IPO to open on Dec 9; price band set at Rs 1,000-1,033/ sharePTI - about 5 hours ago
Digital mapping company MapMyIndia, which powers Apple maps, has fixed a price band of Rs 1,000-1,033 a share for its Rs 1,040-crore initial share-sale, which will open on December 9.
Financial Express

Sensex tumbles 949 pts on Omicron scare, Nifty ends below 16,950; Nykaa, Zomato decline 5% each - about 5 hours ago
Equity benchmark Sensex plummeted 949 points on Monday as concerns over the spread of the Omicron variant in the country triggered a sell-off across sectors. According to market experts, Indian shares fell as the country recorded more cases of the Omicron variant of the coronavirus over the weekend. The 30-share BSE Sensex ended 949.32 points or 1.65 per cent lower at 56,747.14. Similarly, the NSE Nifty slumped 284.45 points or 1.65 per cent to 16,912.25.
Economic Times

Sensex, Nifty may give double-digit returns after recent correction; check top stock picks by ICICI SecuritiesKshitij Bhargava - about 5 hours ago
ICICI Securities has a one-year forward target price on Nifty set at 19,300, implying a 12.9% upside from today’s low.
Financial Express

Market Movers: What’s driving the carnage in Nykaa, Zomato shares? - about 5 hours ago
In the coming days, Nykaa’s anchor investors will be allowed to sell their shares. Those who bought the stock at the issue price of Rs 1,125 are sitting on handsome gains of close to 100 per cent despite the current sell-off.
Economic Times

52-week high, 52-week low: ZEEL, Vodafone among 195 stocks to hit fresh highs on BSE; 29 scrips at fresh lowsFE Online - about 5 hours ago
S&P BSE Sensex was down below 57,400 while NSE Nifty 50 was just shy of the 17,100 mark as bears asserted control on Dalal Street.
Financial Express

Day Trading Guide: Stock recommendation for Tuesday - about 5 hours ago
The day's high (i.e. 17,217) could turn out as an immediate hurdle zone and sustenance below the same is likely to keep the near-term outlook negative.
Economic Times

Sensex ends deep in red for second day straight, Nifty trend weak, expect more weakness aheadFE Online - about 5 hours ago
S&P BSE Sensex ended 949 points or 1.65% lower at 56,747 while NSE Nifty 50 dived 284 points or 1.65% to close at 16,912.
Financial Express

Sensex falls for 2nd day, dives 949 points; Rs 4.2 lakh crore investor wealth wiped out - about 7 hours ago
The rapidly spreading Omicron variant is raising the risks in the market. A casualty of it was the cryptocurrency market over the weekend. Global signals are also negative after Wall Street ended the previous session in the red with Nasdaq leading the fall, analysts said.
Economic Times

China stocks end lower as semiconductors, new energy shares weigh - about 7 hours ago
The blue-chip CSI300 index ended 0.2% lower at 4,892.62, while the Shanghai Composite Index lost 0.5% to 3,589.31 points.
Economic Times

Sensex drops 500 points, Nifty below 17,100; IT & auto worst sectoral losers; India VIX surges 4% - about 7 hours ago
Benchmark indices kicked off the weak on a tepid note as Omicron fears continued to spook market bulls. IT and auto stocks tumbled the most while metal provided some support. Broader markets traded in tandem with benchmarks.
Economic Times

Share Market Highlights: Sensex tanks 949 points to close at 56,747, Nifty nosedives to end at 16,912FE Online - about 7 hours ago
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Bears asserted control on Dalal Street on Monday, forcing headline indices to close deep in red.
Financial Express

European shares bounce after volatile week - about 7 hours ago
The pan-European STOXX 600 edged up 0.7 per cent as of 0818 GMT, with the energy sector climbing 1.4 per cent.
Economic Times

Shriram Properties sets IPO price band at Rs 113-118/sharePTI - about 7 hours ago
Shriram Properties has fixed a price band of Rs 113-118 a share for its Rs 600-crore initial share-sale, which will open for public subscription on December 8.
Financial Express