The Latest Breaking News from SEBI

One accidental email reveals Morgan Stanley’s deal secrets to the world. SEBI starts digging

Morgan Stanley is scrambling to contain the fallout from an accidental email leak that exposed a list of more than 100 potential and ongoing deals across Asia and other regions.

The Economic Times · Sep 24

The hype, the listing & the lessons: 5 takeaways for investors from the NSE IPO

NSE’s muted 0.8% listing premium despite stronger grey-market expectations highlights why GMP cannot predict IPO performance. Subsequent gains showed broader market conditions, valuations, fundamentals and post-listing price discovery can matter more than pre-listing sentiment for investors.

The Economic Times · Sep 24

Bond crisis worsens! US 30-year Treasury yields surge to highest level since 2004. What lies ahead?

The US bond selloff intensified as the 30-year Treasury yield hit its highest level since 2004, while the 10-year yield reached a post-financial-crisis high. Strong US economic data, rising inflation concerns, elevated government debt and higher oil prices have fuelled expectations of further Federal Reserve rate hikes, pressuring global bond…

The Economic Times · Sep 24

IPO reality check! Is GMP a useful signal or just market noise? Here’s what experts think

Investors frequently use grey market premium (GMP) to gauge interest in initial public offerings (IPOs) and their potential returns. However, the recent performances of companies like Hero Motors and SBI Funds Management highlight that GMP isn't always a dependable indicator. Experts warn that while GMP reflects market sentiment, it often…

The Economic Times · Sep 24

NSE becomes 9th most valued company with Rs 4.63 lakh crore m-cap after IPO. Who did it overtake?

The National Stock Exchange (NSE) made a rather modest entrance on the Bombay Stock Exchange (BSE), opening at Rs 1,800 against its IPO price of Rs 1,785. With a market capitalization of Rs 4.63 lakh crore, it has emerged as the ninth largest entity in India. Analysts predict that shares…

The Economic Times · Sep 24

Didn’t get NSE IPO shares? Should you buy after listing, wait for a dip or bet on BSE?

NSE Shares: As the National Stock Exchange (NSE) emerges on the market, investors are presented with various investment avenues. Options include buying shares, waiting for strategic price dips, or exploring the rival BSE. Experts advise thorough assessment of market fluctuations and valuations. Long-term investors should consider a gradual approach to…

The Economic Times · Sep 24

Bharat Dynamics shares rise 2% in a weak market after bagging Rs 811 crore order from Ministry of Defence

Bharat Dynamics shares gained 2% after the Defence Ministry awarded an Rs 810.79-crore contract for 160 SAT-SAAW weapons and associated equipment for the Indian Air Force, adding to the company’s order visibility amid rising defence spending.

The Economic Times · Sep 24

IFCI, New India Assurance, other stocks drop up to 3% as NSE makes a muted market debut. What to expect?

On Thursday, shares of IFCI, New India Assurance Company, and General Insurance Corporation fell up to 3%. The National Stock Exchange listed with less than a 1% premium over the IPO price. NSE's initial public offering aimed to raise Rs 22,562 crore entirely through an offer for sale. Analysts anticipated…

The Economic Times · Sep 24

BSE shares fall 2% as NSE makes market debut. Here's why Macquarie sees 22% upside

On Thursday, BSE shares fell by 1.5%, coinciding with NSE's much-anticipated market debut after a lengthy IPO process. The initial response from analysts was varied; while Macquarie predicted a potential rise in BSE's target price, both Nuvama and Jefferies warned of looming regulatory hurdles that might impact market engagement. Despite…

The Economic Times · Sep 24

D-Street braces for weak opening on negative GIFT Nifty cues

On Wednesday, Nifty saw a notable 0.5% rise driven by widespread buying activity. Analysts are optimistic about the future of Indian equities, pointing to global influences and fluctuations in crude oil as critical factors. The market's strength was further bolstered by substantial purchases from foreign institutional investors, although the rupee…

The Economic Times · Sep 24