Page 1426 - Markets News
Will India Inc see a turnaround in Q3FY23 results?
Raw material prices are heading south, while a pick-up in credit cycle has also boosted overall sentiment. Will these positive factors provide succour to India Inc's fortunes in Q3 FY23 earnings?
 "Will India Inc see a turnaround in Q3FY23 results?")
Jefferies turns 'positive' on Indian metals on easing Covid curbs in China
The change in stance comes after almost a year of cautionary view. The Nifty Metal index advanced over 2 per cent while shares of Tata Steel surged nearly 6 per cent
 "Jefferies turns 'positive' on Indian metals on easing Covid curbs in China")
Fund Pick: Aditya Birla Sun Life Short Term Fund a consistent outperformer
Aggressive approach to outperformance
 "Fund Pick: Aditya Birla Sun Life Short Term Fund a consistent outperformer")
Markets cheer the new year; Sensex gains 327 points, Nifty ends at 18,197
RIL rose 1.06 per cent and contributed the most to the Sensex, followed by ICICI bank, which rose 1.3 per cent
 "Markets cheer the new year; Sensex gains 327 points, Nifty ends at 18,197")
Oil price spike brings back subsidies but India wins at crude diplomacy
A wild swing in global oil prices in 2022 brought back indirect fuel subsidies in India in a setback to reforms, but the nation won at crude diplomacy as it refused to succumb to western pressures
 "Oil price spike brings back subsidies but India wins at crude diplomacy")
PTC India shareholders approve final dividend of Rs 5.80 per equity share
Power trading solutions provider PTC India on Monday said its shareholders have approved a final dividend of Rs 5.80 per equity share for 2021-22
 "PTC India shareholders approve final dividend of Rs 5.80 per equity share")
Cash trading volume declines in 2022 amid muted returns, shows data
Market experts said that though Indian markets outperformed peers the gains were not significant for retail investors who mostly dabble in cash trading
 "Cash trading volume declines in 2022 amid muted returns, shows data")
Sensex gains 327 pts in first session of 2023, Nifty nears 18200; RIL up 1%
Closing Bell: Among sectors, the Nifty metal index was the top performer of the day, which jumped 2.4 per cent after global brokerage Jefferies changed its stance on the sector to 'positive'
 "Sensex gains 327 pts in first session of 2023, Nifty nears 18200; RIL up 1%")
SML Isuzu hits 20% upper circuit as PV sales more-than-doubles in Dec 2022
The company's passenger vehicles sales more than doubled to 570 units in the month of December 2022, against 218 units sold in last year.
 "SML Isuzu hits 20% upper circuit as PV sales more-than-doubles in Dec 2022")
NCC soars 10% on order win worth Rs 3,601 crore in December
A major portion of the orders are from the central government/ state government and central government sponsored schemes, where the counterparty credit risk is minimal
 "NCC soars 10% on order win worth Rs 3,601 crore in December")
PSU Bank index rose the most in 2022. Will this trend continue in 2023?
PSU Bank index surged 71 per cent in CY22, recording the highest-ever gain since it debut in 2011
 "PSU Bank index rose the most in 2022. Will this trend continue in 2023?")
This SME shipping company's stock is up more than 2,900% over issue price
Knowledge Marine & Engineering Works rallied 11% to hit a new high of Rs 1,129.85 after the company received an additional work order of Rs 16.50 crore from Dredging Corporation of India
 "This SME shipping company's stock is up more than 2,900% over issue price")
Kalpataru Power, JMC hit 52-week highs on fixing record date for merger
Pursuant to the amalgamation scheme, JMC's shareholders (other than KPTL) will be allotted one share of KPTL against every four shares held by them in JMC.
 "Kalpataru Power, JMC hit 52-week highs on fixing record date for merger")
Canara Bank hits highest level since February 2018; surges 83% in 6 months
In the past one week, it has rallied 10 per cent, as against a marginal 0.40 per cent gain in the S&P BSE Sensex
 "Canara Bank hits highest level since February 2018; surges 83% in 6 months")
BF Investment zooms 20% as board to consider delisting plan on January 4
The promoters expressed their intention either individually or collectively, as the case may be, acquire all equity shares that are held by public shareholders.
Gold may enter short-term corrective phase, test Rs 52,000-level
On the upside, Gold futures need to break and sustain above Rs 55,230 in order to negate the likely corrective move. Meanwhile, Silver futures seem on course to test Rs 72,000.
 "Gold may enter short-term corrective phase, test Rs 52,000-level")
What does 2023 have in store for Indian markets and economy?
Despite uncertainties, India's equity market scaled new highs last year. But how will the markets and the economy behave in 2023? Find out tells you what leading economists and market analysts think
 "What does 2023 have in store for Indian markets and economy?")
Stocks to Watch: TCS, Tata Motors, Maruti, Coal India, JSW Group, RITES
Stocks to watch today: Tata Motors reported 10 per cent YoY increase in domestic December sales at 72,997 units as against 66,307 units sold last year
 "Stocks to Watch: TCS, Tata Motors, Maruti, Coal India, JSW Group, RITES")
India will be the best or among top two markets globally: Shankar Sharma
We romanticise the good part of the markets, ignoring the bad part, says Shankar Sharma, founder, GQuant Investech
 "India will be the best or among top two markets globally: Shankar Sharma")
Street signs: Mkts see Santa's smile, hotel stocks to gain further, & more
After closing three weeks with losses, the benchmark indices ended the last week of 2022 with gains