The Indian stock market investors are likely to remain cautious on Thursday, the monthly derivatives expiry day, amid weak global market cues and after the benchmark indices Sensex and Nifty 50 witnessed a steep correction in the previous session. The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 21,960 level.

Zinc oxide manufacturer JG Chemicals Ltd has set the price band at Rs 210-221 a share for its public offer opening for subscription on March 5. The anchor bidding will be open on March 4 and the issue will close on 7th. Basis of allotment will be on March 11 and shares will be credited to demat account on 12th. The shares will be listed on exchanges on March 13.

Sensex, Nifty, Share Prices LIVE: GIFT Nifty traded higher, up 72 points or 0.33% at 21,956.50, indicating a subdued start for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Asian equity indices closed in the red. Japan’s Nikkei 225 was down 0.27% at 39,103.54. Similarly, the Asia Dow fell 1.11% to 3,228.70. Hong Kong’s Hang Seng index was down 1.51%.

Reliance Industries Ltd (RIL) on February 28 announced a joint venture with Walt Disney to merge their streaming and television operations in India, creating a behemoth valued at Rs 70,352 crore. Here’s a 10-point factsheet on what the Star India-RIL’s Viacom18 unit merger entails: The joint venture has been valued at Rs 70,352 crore ($8.5 billion).

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Thursday. Here is all you need to know before the market opens. GIFT Nifty traded up 72 points or 0.33% at 21,956.50 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 lost nearly 250 points or 1.11%.

Zinc oxide manufacturer JG Chemicals is set to launch its initial public offering on March 5. The price band for the issue is expected to be announced tomorrow, i.e. February 29. The IPO, which is a mix of fresh issuance of shares worth Rs 165 crore by the company and an offer-for-sale (OFS) of 39 lakh equity shares by promoters, will close on March 7.

Mumbai: India's equity indices dropped over 1% Wednesday as traders cut a portion of their bullish bets ahead of a US inflation reading on Thursday that is seen playing a role in determining the Federal Reserve's interest rate cut timing. Nifty fell 1.11%, or 247.2 points, to close at 21,951; while BSE's Sensex declined 1.08%, or 790.3 points, to close at 72,304.

As Securities and Exchange Board of India raised concerns over froth in mid-cap and small-cap stocks amid continuous purchases from mutual funds, the market is keeping a close watch on the shares in these categories where mutual funds have increased their stakes in the past year. Among companies with market capitalisation of less than ₹20,000 crore.

Mumbai: The Securities and Exchange Board of India (Sebi) has asked trustees of mutual funds to establish a framework aimed at safeguarding interests of investors in small and midcap schemes. The heightened regulatory scrutiny comes in the wake of concerns that these share segments are overheated, while investor flows into these schemes continue unabated.

The National Stock Exchange (NSE) has replaced agrochemical company UPL with non-banking finance company Shriram Finance in the Nifty50 index, effective from March 28. According to the exchange's communication on Wednesday, Shriram Finance was included due to the highest six-month average free-float market capitalisation within the eligible universe.

Dividend stocks: Shares of Birla Precision Technologies Ltd, Bodhi Tree Multimedia Ltd, Jupiter Wagons Ltd, and Bajaj Auto Ltd will be in focus when the stock market opens on February 29 (Thu). The Board of Directors of these companies have declared interim dividend and buy back of shares for their eligible shareholders. The record date by the 4 companies to ascertain the eligibility of shares.

New Delhi: The Securities and Exchange Board of India (Sebi) on Wednesday refused to lift the securities market restriction imposed on Suresh Kumar Reddy, promoter of Brightcom Group, in a case concerning irregularities in preferential allotments of shares made by the company. Besides, he would continue to be restrained from holding the position of a director or a Key Managerial Personnel.

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Thursday. Here’s a look at the key stocks to watch in trade. Stocks in Focus: GIFT Nifty traded higher as the index was up 72 points or 0.33% at 21,956.50 indicating a positive start for domestic indices NSE Nifty 50 and BSE Sensex on Thursday.

Mid-cap and small-cap stocks took a beating on Wednesday, falling almost 2% after the Association of Mutual Funds in India (Amfi) asked mutual fund houses to have a policy that will safeguard investors in mid- and small-cap schemes. The Amfi advisory came after a nudge from markets regulator Securities and Exchange Board of India (Sebi), said industry players.

The Nifty 50 underwent a sharp correction during the day amid a strong sell-off on February 28. The index dropped below the 22,000 mark, indicating a growing weakness. It, however, managed to close just above the 21-day EMA (exponential moving average) of 21,948 on the daily timeframe. Observing the daily chart, the index has been navigating within a rising channel.