Page 1405 - Markets News
Cera Sanitaryware soars 8%, hits new high in weak market on healthy outlook
In past one month, the stock price of Cera has outperformed the market by surging 20 per cent as against an unmoved S&P BSE Sensex.
 "Cera Sanitaryware soars 8%, hits new high in weak market on healthy outlook")
Lumax Auto soars 12% as it acquires majority stake in IAC Group's India biz
IAC India is a well-established Tier-1 interior systems and components supplier to key automotive OEMs in India including Mahindra, Maruti Suzuki, Volkswagen and Volvo Eicher Commercial Vehicles.
 "Lumax Auto soars 12% as it acquires majority stake in IAC Group's India biz")
Stock bearing the brunt of Adani Group rout is at risk of more losses
Adani Total was down by its limit in early trading on Monday. It has done so each day since Jan. 27.
 "Stock bearing the brunt of Adani Group rout is at risk of more losses")
Charts indicate robust bias for RIL, ONGC amid GST inclusion hopes
Oil & Natural Gas Corporation and Reliance Industries can rise up to 8 per cent
 "Charts indicate robust bias for RIL, ONGC amid GST inclusion hopes")
Sonata Software surges 26% in one month; stock nears record high
The new CEO has reiterated that he is planning to double IT services revenue in four years as he is looking to accelerate the growth from hereon
 "Sonata Software surges 26% in one month; stock nears record high")
Cipla dips 7% after Pithampur unit receives 8 USFDA observations
The company said it will work closely with the USFDA and is committed to address these comprehensively within stipulated time.
 "Cipla dips 7% after Pithampur unit receives 8 USFDA observations")
NMDC's demerged Chhattisgarh unit hits 5% upper circuit on market debut
A combined, around 7.5 million equity shares had changed hands and there were pending buy orders for 19 million shares on the NSE and BSE till 10:16 AM
 "NMDC's demerged Chhattisgarh unit hits 5% upper circuit on market debut")
Key support for MCX Gold stands at Rs 55,900; Silver Rs 64,400
The weekly chart suggests, sustained break and trade below Rs 55,900, can trigger a fall in Gold futures towards the Rs 54,000 level.
 "Key support for MCX Gold stands at Rs 55,900; Silver Rs 64,400")
Stocks to watch: HUL, United Breweries, Motherson, Sun Pharma, Paytm, Cipla
Stocks to watch: Samvardhana Motherson announced it is buying SAS Autosystemtechnik (SAS), which manufactures auto cockpit modules, from French company Faurecia for Rs 4,790 crore
 "Stocks to watch: HUL, United Breweries, Motherson, Sun Pharma, Paytm, Cipla")
Here's why the Nifty can rally to 18,200; Ravi Nathani explains
According to the technical analyst, the Nifty is in the process of forming an Inverse Head and Shoulder pattern, which is a bullish chart pattern.
 "Here's why the Nifty can rally to 18,200; Ravi Nathani explains")
ArcelorMittal, JSW in NMDC steel plant race; JSPL also in the fray
Steel company's shares to be listed on Tuesday
FPIs shift focus back on Indian market; invests Rs 7,600 cr in a week
Foreign investors seem to have shifted their focus back on the Indian equity markets as they turned net buyers last week with an investment of over Rs 7,600 crore
 "FPIs shift focus back on Indian market; invests Rs 7,600 cr in a week")
Promoter share pledge rises to 1.61% in October-December quarter
Promoters in 87 companies in the BSE 500 Index had at least some portion of their holdings pledged at the end of Q3FY23. Of this, only 17 had more than 25 per cent of their promoter holdings pledged
 "Promoter share pledge rises to 1.61% in October-December quarter")
Street signs: Nifty Next 50 rebalance, home-grown tech stocks, and more
Banking stocks witnessed intense selling pressure in the latter part of last week
 "Street signs: Nifty Next 50 rebalance, home-grown tech stocks, and more")
Signs that Adani shock for India's $3.1 trn stock market is ebbing fast
Fund managers see India's main equity indexes both ending the year higher than current levels, according to a Bloomberg News survey, as strong domestic demand boosts corporate earnings
 "Signs that Adani shock for India's $3.1 trn stock market is ebbing fast")
Mutual funds' collection through NFO drops 38% to Rs 62,000 crore in 2022
A total of 228 new schemes were floated last year, which was way higher than 140 launched in 2021
 "Mutual funds' collection through NFO drops 38% to Rs 62,000 crore in 2022")
Global trends, foreign funds movement to guide equities this week
Markets may face volatile trends amid derivatives expiry during the week
 "Global trends, foreign funds movement to guide equities this week")
Mcap of five of top-10 most valued firms jump Rs 95,337 cr last week
Five of the top 10 valued firms together added Rs 95,337.95 crore in their market valuation last week, with index major Reliance Industries Ltd contributing the most
 "Mcap of five of top-10 most valued firms jump Rs 95,337 cr last week")
NSE to include Adani Wilmar, Adani Power in few indices from March 31
Adani Wilmar will be part of Nifty Next 50 and Nifty 100 indices, while Adani Power will be included in Nifty 500, Nifty 200, Nifty Midcap 100, Nifty Midcap 150, Nifty LargeMidcap 250
Street concerns over global slowdown weighs on Bharat Forge stock
The commercial vehicle (CV) segment's revenue was Rs 490 crore (up 27 per cent YoY and 5 per cent QoQ)
 "Street concerns over global slowdown weighs on Bharat Forge stock")