Page 1322 - Markets News
BSE Midcap index hits 52-week high; Astral surges 9% on strong Q4 results
Despite global concerns, the domestic market structure remains positive on the back of healthy macro data, strong earnings, and recent FIIs buying, brokerage firm Motilal Oswal said in a note.
 "BSE Midcap index hits 52-week high; Astral surges 9% on strong Q4 results")
HDFC, HDFC Bank turn ex-date for dividend; shares fall up to 2%
HDFC had declared a dividend of Rs 44 per share, whereas HDFC Bank had announced a dividend of Rs 19 per share.
 "HDFC, HDFC Bank turn ex-date for dividend; shares fall up to 2%")
PVR Inox hits 52-week low; down 4% as Q4 net loss widens to Rs 333 cr
The management believes that the two major factors that marred the industry in FY23 - underperformance of Hindi films and less number of Hollywood releases, will both ease out in FY24.
 "PVR Inox hits 52-week low; down 4% as Q4 net loss widens to Rs 333 cr")
Stocks to Watch today, May 16: RIL, Adani Ent, HDFC, Airtel, BoB, IOC
Stocks to Watch on Tuesday: Multiplex firm PVR Inox Ltd, on Monday, reported a widening in consolidated net loss at Rs 333 crore for Q4FY23
 "Stocks to Watch today, May 16: RIL, Adani Ent, HDFC, Airtel, BoB, IOC")
Sell Nifty Private Bank, Financial Service indices on rise, suggest charts
According to Ravi Nathani, an independent technical analyst, the charts are indicating a likely range-bound trade on the Nifty PSU Bank index.
 "Sell Nifty Private Bank, Financial Service indices on rise, suggest charts")
NSE posts consolidated net profit of Rs 7,356 cr; revenue at Rs 12,765 cr
The exchange earns from trading and other revenue lines, including fees from listing, index services, data services and colocation facilities
 "NSE posts consolidated net profit of Rs 7,356 cr; revenue at Rs 12,765 cr")
BSE relaunches Sensex, Bankex derivatives contracts to boost trading
The lot size of futures and options has been reduced to 10 from 15 for Sensex, and to 15 from 20 in case of Bankex, according to BSE
 "BSE relaunches Sensex, Bankex derivatives contracts to boost trading")
All but one Adani Group stocks decline, two hit the lower circuit
Adani Green was also scheduled to hold its board meeting but deferred it to May 24, citing 'certain exigencies'
 "All but one Adani Group stocks decline, two hit the lower circuit")
Street rejoices DLF's strong Q4 performance, guidance; stock surges 7.4%
Real estate developers tend to have lumpy incomes and outflows, which makes profit and loss ratios less meaningful
 "Street rejoices DLF's strong Q4 performance, guidance; stock surges 7.4%")
Sensex, Nifty up 0.5% each to hit fresh 5-mth highs amid strong global cues
Improving domestic macro, sustained foreign flows extend gains
 "Sensex, Nifty up 0.5% each to hit fresh 5-mth highs amid strong global cues")
Residential sales surge 48% in FY23, sets all-time high record: Anarock
Mumbai Metropolitan Region leads with largest share by both sales value and volume; Pune displays fastest growth
 "Residential sales surge 48% in FY23, sets all-time high record: Anarock")
Realty stocks soar on Sebi proposal to formalise fractional ownership
Sobha Developers gains most at 11.5%, DLF and Mahindra Lifespace add over 7% each; BSE Realty index soara 4.3%, most among the 19-sectoral sub-indices
MFs lap up beaten-down Nykaa, Zomato in April, holdings surge Rs 1,100 cr
Infosys remains the top buy for the second month in a row
 "MFs lap up beaten-down Nykaa, Zomato in April, holdings surge Rs 1,100 cr")
Sensex gains 318 pts as investors cheer dip in inflation; Realty stks rally
CLOSING BELL: The NSE Nifty 50 ended with a gain of 84 points; Realty index soared over 4%; auto and bank shares also logged significant gains.
 "Sensex gains 318 pts as investors cheer dip in inflation; Realty stks rally")
No exposure to Adani group stocks because of its high debt: Mark Mobius
He added that India has done 'exceptionally well' and is being noticed by investors globally
 "No exposure to Adani group stocks because of its high debt: Mark Mobius")
Bharti Airtel Q4 revenue may rise up to 6.4% QoQ, ARPU growth to aid margin
At the bourses, shares of Bharti Airtel have declined 1.86 per cent so far this calendar year (CY23), as against 2 per cent rise in the S&P BSE Sensex
 "Bharti Airtel Q4 revenue may rise up to 6.4% QoQ, ARPU growth to aid margin")
NIM expansion, loan growth: Top 5 things to track in SBI's Q4FY23 results
SBI Q4 result preview: According to Bloomberg's consensus estimate, SBI may see net profit growth of 66.6 per cent YoY/7 per cent QoQ to Rs 15,186 crore
 "NIM expansion, loan growth: Top 5 things to track in SBI's Q4FY23 results")
This smallcap pharma company has zoomed 44% in 3 days on strong Q4 results
Since February 2, 2023, the stock price of Neuland Labs more-than-doubled or zoomed 116 per cent from level of Rs 1,409.75
 "This smallcap pharma company has zoomed 44% in 3 days on strong Q4 results")
DMart dips 5% on weak Q4; here's how brokerages have interpreted the result
The EBITDA margin declined 110 basis points YoY to 7.3%, while the gross margin fell 90 bps YoY to 13.4% pulled down by lower revenue from the high-margin gross merchandise & apparel segment
 "DMart dips 5% on weak Q4; here's how brokerages have interpreted the result")
Bank of Baroda Q4 preview: PAT may soar up to 2x YoY on healthy loan growth
Bank of Baroda Q4FY23 results preview: Analysts expect Bank of Baroda's financial performance to weaken on a quarter-on-quarter (QoQ) basis, due to lower interest income
 "Bank of Baroda Q4 preview: PAT may soar up to 2x YoY on healthy loan growth")