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Best of BS Opinion: Risks in crypto-assets, challenge for Akasa and more

Here are the best of BS Opinion pieces of the day

Bill on cryptocurrency after Cabinet nod, says FM Nirmala Sitharaman

The government had also listed a similar Bill for the last Parliament session (monsoon) but it was not taken up.

Wall Street ends lower as taper acceleration worries pile onto virus angst

The Dow Jones Industrial Average fell 652.22 points, or 1.86%, to 34,483.72

December expected to be yet another busy month for IPOs

As many as 16 issues cumulatively worth over Rs 22,000 crore are expected to hit the market during the month.

Sensex, Nifty end in red, report biggest monthly decline since March 2020

Go Fashion makes stellar debut, lists at 91% premium; Star Health IPO receives lukewarm response

Banning all cryptocurrencies unwise move, regulation needed: ORF report

Cryptocurrencies need to be regulated like any other financial asset and it would be unwise for India to ban private crypto assets, a study released by Observer Research Foundation said

Sebi to auction realty firm's properties to recover investors money

Capital markets regulator Sebi on Tuesday said it will auction four properties of Ravi Kiran Realty India Ltd and its promoters on December 16 to recover investors' money. These properties located in West Bengal will be auctioned at a reserve price totallin

Anand Rathi prices IPO at Rs 530-550 a share; size Rs 660 cr at upper end

The IPO is entirely an offer for sale of 12 million shares; promoter entities Anand Rathi Financial Services, Anand Rathi and Amit Rathi are selling

Star Health's Rs 7,250 crore IPO subscribed 12% on Day-1

Offer closes on Thursday. IPO is the third-biggest this year and 8th biggest ever to hit domestic market

Go Fashion gains 82% on debut after IPO is oversubscribed 135 times

Shares touch a high of Rs 1,341 over offer price of Rs 690 before settling at Rs 1,253

IOL Chemicals hits fresh 52-week low, stock down 50% from life-time high

For H1FY22, the company's profit after tax declined 62 per cent year on year to Rs 97.80, due to higher operational cost.

SoftBank-backed Snapdeal targets $250-mn IPO in early 2022: Report

Snapdeal would become the largest tech company to test investors' appetite for IPOs after the disastrous debut of Paytm's parent, One 97 Communications Ltd

Ratnamani Metals up 9% on Rs 298-crore orders from oil & gas sector

On Monday the stock had ended 5% lower after the company said that the IT department had conducted search operations at the company's registered office

'Not considering a ban on cryptocurrency ads,' says FM in Rajya Sabha

'We are not considering a ban on the advertisements, but we've been taking steps to caution the public through RBI and SEBI,' says Nirmala Sitharaman

This stock has tumbled 14% on being transferred to rolling settlement

The stock of pharmaceutical company was quoting lower for fourth straight day, falling 26 per cent during the period on profit booking.

TeamLease Services surges 11% as hiring intent highest in Q3

The company said hiring intent has touched its zenith mark at 41 per cent in October-December quarter

Macrotech Developers rallies 6%, hits new high on growth prospects

The company plans to nearly double its pre-sales to Rs 14,000 crore by financial year 2023-24 (FY24) and further grow to Rs 20,000 crore by FY26

Go Fashion makes stellar debut, stock lists at 91% premium to issue price

Post listing the stock hit a high of Rs 1,341 and a low of Rs 1,215 on the BSE

Reliance Capital to «fully co-operate» with RBI; stock at 5% lower circuit

The Company has no outstanding loans from banks and approximately 95 per cent of its debt is in the form of debentures, it said

Stocks to Watch: Go Fashion, Zomato, IRCTC, Asian Paints, Dish TV, ICICI Bk

Go Fashion India will make its debut on the brouses today, while Star Health IPO opens for subscription in the primary segment

Here's why Mehul Kothari recommends buying Britannia, HDFC Bank

According to the technical analyst from Anand Rathi, Britannia is hovering near its 200 DSMA support which also coincides with the ICHIMOKU cloud on the weekly scale, thus the downside seems marginal

MARKETS: Go Fashion to list, Star Health IPO to open today

Stock market LIVE: Star Health IPO will open for subscription today in a price band of Rs 870-900

Is the worst over for Indian equities despite Omicron-concerns?

Global markets calmed on Monday after initial shock of the discovery of the Omicron coronavirus variant. Does this mean the worst is over for Indian equities? This report attempts to find an answer

Gold trading at Rs 48,310 per 10 gm today, silver at Rs 62,700 a kg

The price of 10 gram of gold decreased by Rs 10 on Tuesday while the rate of 1 kg of silver increased by Rs 700

Ten companies receive Sebi's go-ahead to raise funds through IPOs

Others include VLCC Health Care and Metro Brands

Mutual funds' large-cap inclusion candidates 'under-owned', shows analysis

The top 250 stocks in the list becomes the large-cap universe for the domestic MF industry.

Sensex swings over 1,200 pts; rupee weakens to below 75 on Omicron concerns

The 50-share Nifty after dropping to a low of 16,782 managed to close at 17,053.95, with a gain of 27.5 points, or 0.16%

No proposal to recognise Bitcoin as a currency: FM Nirmala Sitharaman

The government plans to introduce a Bill in this regard - the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 - in the ongoing session

No proposal to recognise Bitcoin as currency: FM Nirmala Sitharaman

Bitcoin is a form of digital currency which allows people to buy goods and services among others

Gemini Edibles, Data Patterns, 8 other firms to get Sebi nod to float IPOs

As many as 10 companies, including Gemini Edibles & Fats India, defense supplier Data Patterns (India) Ltd, and digital mapping company MapMyIndia have received markets regulator Sebi's go-ahead to raise funds through IPOs. The other firms that received the

Markets regain some lost ground after worst decline in seven months

The gains were capped as the impact of the new variant on the economic recovery and central bank policy action remained uncertain

Sebi bans ARSS Infrastructure, 6 persons from markets; levies fine

Sebi has barred ARSS Infrastructure Projects and six persons from the capital markets for up to one year and levied a fine totalling Rs 47.5 lakh on them for misrepresenting the company's financials

Market wrap: Markets pause to breathe as investors await data on Omicron

RIL and Kotak Bank power 153-point Sensex rally; Nifty holds 17,050; Brokerages bullish on RIL stock after Jio hikes tariff by 21%

India Ratings upgrades Capacite Infra to 'IND BBB'; outlook 'stable'

Capacite Infraprojects provides engineering, procurement and construction/turnkey solutions for housing, high rises, super high rises, speciality buildings and urban infrastructure

HC directs Centre to inform it about introduction of bill on cryptocurrency

The court was hearing a public interest litigation seeking directions to the central government to formulate laws to govern the use and trade of cryptocurrency

MRF hits 52-week low of Rs 73,111 on margin concerns; dips 9% in 3 weeks

The stock down 3% to Rs 73,111 on the BSE in intra-day trade today has fallen below its previous low of Rs 73,756 touched on December 22, 2020.

Raymond zooms 13% to a new 52-week high; stock up 33% in one week

Raymond convened shareholders meeting on December 27, 2021 to approve the scheme of arrangement of Raymond Apparel (demerged company) and Raymond (resulting company) their respective shareholders

Rupee sees high volatility as worries resurfaced around new Covid strain

The rupee started on a choppy note on Monday as investors turned cautious tracking heavy selling in domestic equities and worries over a new variant of Covid-19.

Indigo Paints at life-time low, stock down 36% from its 52-week high

In the past one month, the stock has underperformed the market by falling 11 per cent, after the company reported a disappointing set of numbers for quarter ended September 2021
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