Posts in category Business Standard
Stocks to Watch today, May 25: Nykaa, LIC, Adani Group, Hindalco, Nalco (25-05-2023)
Stocks to watch on May 25, 2023: AIA Engineering, eClerx, GSFC, Voda Idea, IEX, IFCI, Page Inds, SAIL, Strides Pharma, and Zee among prominent companies scheduled to announce Q4 results on Thursday.
Outlook bearish for Nifty Pharma index, buy when index is below 11,800 (25-05-2023)
Sell the Nifty Pharma index and its constituents and book profits, as the index has been underperforming in recent days
Nifty ends May F&O series above 18,300; Sensex gains 99 points (25-05-2023)
Stock market live updates: The SGX Nifty, on Thursday, signaled at negative start for the bourses as it stood around 18,270 levels, down 14-odd points
Gold price rises Rs 260 to Rs 61,360; silver falls Rs 450 to Rs 74,050 (25-05-2023)
The price of ten grams of 22-carat gold rose Rs 250 to Rs 56,250
BSE, NSE put securities of Adani Enterprises under short-term ASM framework (24-05-2023)
Leading bourses BSE and NSE will put the securities of Adani Enterprises under the short-term ASM framework from Thursday.
The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, close-to-close price variation and price-earning ratio.
Adani Enterprises Ltd is shortlisted in short-term Additional Surveillance Measure (ASM) framework Stage-I effective from May 25, the National Stock Exchange (NSE) and the BSE said in two separate circulars on Wednesday.
Under the short-term ASM, the exchanges said, "applicable rate of margin shall be 50 per cent or existing margin whichever is higher, subject to maximum rate of margin capped at 100 per cent, with effect from May 26, 2023 on all open positions as on May 25, 2023 and new positions created from May 26, 2023."
In March, NSE and BSE removed Adani Enterprises from the short-term ASM framework.
On Wednesday, Adani Enterprises stock tumbled 5.90 per cent on the BSE. I
Sebi seeks identification of parent institutions of FPIs as legal entities (24-05-2023)
Though no official circular has been issued by the market watchdog, the efforts are being seen in the light of identifying the actual entity operating these FPIs
At Rs 44,664 cr, LIC’s Adani portfolio value up 54% from Hindenburg lows (24-05-2023)
The shareholding of LIC did not change between the December quarter and the March quarter, the exchange data shows
Market value of LIC investment in Adani Group stocks hit Rs 44,670 cr (24-05-2023)
Market value of investments made by state-owned Life Insurance Corporation of India (LIC) in seven companies of the Adani group has swelled to Rs 44,670 crore as stock prices rose from the lows seen in the aftermath of the Hindenburg report.
The country's largest insurer and leading institutional investor in the Adani group has seen the market value of its holdings in Adani stocks increase by around Rs 5,500 crore since April, stock exchange data showed.
LIC's biggest bet is Adani Ports & SEZ Ltd where it holds 9.12 per cent shares. At Wednesday's closing price of Rs 717.95 on the BSE, that holding is worth Rs 14,145 crore.
Its 4.25 per cent stake the group's flagship Adani Enterprises Ltd is worth Rs 12,017 crore at Wednesday's closing price of Rs 2,476.90.
LIC holds stocks worth about Rs 10,500 crore in city gas distribution firm Adani Total Gas Ltd and Ambuja Cement. Other Adani group firms where LIC holds stakes are Adani Transmission Ltd, Adani Green Energy Ltd and ACC.
The .
Market value of LIC investment in Adani Group stocks hit Rs 44,670 cr (24-05-2023)
Market value of investments made by state-owned Life Insurance Corporation of India (LIC) in seven companies of the Adani group has swelled to Rs 44,670 crore as stock prices rose from the lows seen in the aftermath of the Hindenburg report.
The country's largest insurer and leading institutional investor in the Adani group has seen the market value of its holdings in Adani stocks increase by around Rs 5,500 crore since April, stock exchange data showed.
LIC's biggest bet is Adani Ports & SEZ Ltd where it holds 9.12 per cent shares. At Wednesday's closing price of Rs 717.95 on the BSE, that holding is worth Rs 14,145 crore.
Its 4.25 per cent stake the group's flagship Adani Enterprises Ltd is worth Rs 12,017 crore at Wednesday's closing price of Rs 2,476.90.
LIC holds stocks worth about Rs 10,500 crore in city gas distribution firm Adani Total Gas Ltd and Ambuja Cement. Other Adani group firms where LIC holds stakes are Adani Transmission Ltd, Adani Green Energy Ltd and ACC.
The .
Adani stocks cool off after 3-day surge; save for three, rest shed 0.5-6% (24-05-2023)
Flagship Adani Enterprises declined the most at 6 per cent after a three-day 40 per cent surge