Page 91 - Latest Updates on Stock Market
Market analysts expect 'quality, growth' stocks to make comeback in 2024
Value investing expected to lag after close to three years of outperformance
 "Market analysts expect 'quality, growth' stocks to make comeback in 2024")
Sensex sinks 1,628 pts, Nifty breaks below 21,600 as HDFC Bank plunges 8%
Stock market highlights on January 17, 2024: The Nifty Bank, Financial Services, and Private Bank indices declined over 4 per cent each.
 "Sensex sinks 1,628 pts, Nifty breaks below 21,600 as HDFC Bank plunges 8%")
Stock market crash: Here's what sent Sensex, Nifty into free fall on Jan 17
Stock market crash today: HDFC Bank's disappointing Q3 performance abetted profit booking in Sensex and Nifty along with a global market rout as rate cuts-related optimism waned
 "Stock market crash: Here's what sent Sensex, Nifty into free fall on Jan 17")
Stocks to Watch on Jan 17: Asian Paints, HDFC Bank, LTTS, Godrej Prop, LTIM
Stocks to watch on Wednesday, January 17, 2024: HDFC Bank reported a 34 per cent jump in its standalone net profit to Rs 16,373 crore for Q3FY24, topping estimates by over 1 percentage point
 "Stocks to Watch on Jan 17: Asian Paints, HDFC Bank, LTTS, Godrej Prop, LTIM")
Jindal Stainless announces Employee Stock Option Plan for senior officials
JSL has granted 15,68,266 stock options, using the instrument of ESOPs and restricted stock Units (RSUs) in an equal mix, to eligible employees under the JSL Employee Stock Option Scheme 2023
 "Jindal Stainless announces Employee Stock Option Plan for senior officials")
Sensex sheds 199 pts, Nifty below 22,050 as IT, RIL weigh; Jyoti CNC up 31%
Stock market highlights on January 16, 2024: Among sectors, the Nifty Realty index declined 1.95 per cent, the Nifty IT index 1.3 per cent, and the Nifty Pharma 1.14 per cent
 "Sensex sheds 199 pts, Nifty below 22,050 as IT, RIL weigh; Jyoti CNC up 31%")
Stocks to Watch on Jan 16: HDFC Bank, Jio Fin, RVNL, HFCs, Nalco, Angel One
Stocks to Watch on Tuesday, January 16, 2024: HDFC Bank's Q3FY24 net profit growth may come in anywhere between -1.6 per cent and 1.3 per cent quarter-on-quarter (Q-o-Q)
 "Stocks to Watch on Jan 16: HDFC Bank, Jio Fin, RVNL, HFCs, Nalco, Angel One")
Corporates mop up record Rs 9.58 trillion from market in 2023: Report
In 2022, fund mobilisation through corporate bonds on private placement basis stood at Rs 7.58 trillion, according to the data collated by Primedatabase
 "Corporates mop up record Rs 9.58 trillion from market in 2023: Report")
Stable macro, elevated earnings growth to support equities in 2024: Chawla
First half of the current financial year witnessed strong earnings growth of about 30 per cent for the Nifty50 index, says Chawla
 "Stable macro, elevated earnings growth to support equities in 2024: Chawla")
Angel One Q3 results: Profit rises by 14% on jump in orders, clients
Consolidated profit was 2.60 billion rupees ($31.38 million) for the quarter ended Dec. 31, compared with 2.28 billion rupees a year earlier, according to an exchange filing
 "Angel One Q3 results: Profit rises by 14% on jump in orders, clients")
Investors subscribe 54% of Medi Assist IPO on 1st day of offering
The Rs 1,171.57 crore IPO received bids for 1,05,68,425 shares against 1,96,19,719 shares on offer, as per NSE data
 "Investors subscribe 54% of Medi Assist IPO on 1st day of offering")
Sensex soars 759 pts, ends atop 73,300; Nifty nears 22,100; Wipro zooms 6%
Closing Bell on January 15, 2024: Shares of Wipro surged 14 per cent intraday, before closing 6 per cent higher, as the company beat profit estimates in its third quarter results (Q3FY24)
 "Sensex soars 759 pts, ends atop 73,300; Nifty nears 22,100; Wipro zooms 6%")
Stocks to Watch on Jan 15: Wipro, HCL Tech, Jio Fin, BHEL, Tata Consumer
Stocks to Watch on Monday, January 15, 2024: HCL Technologies posted one of the highest revenue growths since Q3FY21 this quarter
 "Stocks to Watch on Jan 15: Wipro, HCL Tech, Jio Fin, BHEL, Tata Consumer")
Quarterly earnings, global trends to guide equity mkts this week: Analysts
Trading activity of foreign investors, global oil benchmark Brent crude and rupee-dollar trend would also guide the movement
 "Quarterly earnings, global trends to guide equity mkts this week: Analysts")
Sensex soars 847 pts, ends above 72,550 for first time; Nifty nears 21,900
Closing Bell on Friday, January 12: Infosys jumped 8 per cent on the benchmark indices as new deal wins accounted for 71 per cent of total deals in Q3FY24. TCS, too, surged 4 per cent
 "Sensex soars 847 pts, ends above 72,550 for first time; Nifty nears 21,900")
Nazara Technologies surges 8%, hits 52-week high on healthy outlook
For the first half (April to September) of the financial year 2023-24 (H1FY24), Nazara had reported 13 per cent year-on-year (YoY) growth revenue at Rs 551.7 crore
 "Nazara Technologies surges 8%, hits 52-week high on healthy outlook")
SpiceJet gets shareholder nod to raise Rs 2.2K cr by issuing equity
Mahapatra family now owns 21.94 per cent shares in SpiceJet; Ajay Singh's shareholding reduces from 56.48 per cent to 38.55 per cent
 "SpiceJet gets shareholder nod to raise Rs 2.2K cr by issuing equity")
Polycab India's stock sees 21% rout on allegations of tax evasion
Company refutes allegations; stock may underperform in near term
 "Polycab India's stock sees 21% rout on allegations of tax evasion")
With $2.8 trn mcap Microsoft overtakes Apple as most valuable company
Shares of Redmond, Washington-based Microsoft rose 1.5%, giving it market valuation of $2.888 trillion as early lead in race to make money from generative artificial intelligence helped draw investors
 "With $2.8 trn mcap Microsoft overtakes Apple as most valuable company")
RIL, Axis Bank help Sensex, Nifty settle in green; broader indices outrun
Closing Bell on Thursday, January 11: Shares of Reliance Industries rose over 2 per cent for a second straight day, followed by Axis Bank, Ultratech Cement, Tata Motors, Power Grid
 "RIL, Axis Bank help Sensex, Nifty settle in green; broader indices outrun")