Page 1449 - Markets News
India's exports rise in both value, volume terms in 2022: GTRI report
The country's merchandise exports have recorded a healthy growth in both value and volume terms in 2022, economic think tank Global Trade Research Initiative (GTRI) said in a report on Thursday.
 "India's exports rise in both value, volume terms in 2022: GTRI report")
FCI sells 385,000 tonnes wheat in open market via e-auction, control prices
Food Corporation of India (FCI) sold 3.85 lakh tonnes of wheat to bulk consumers in the second round of e-auction, as part of its efforts to boost domestic supplies and control prices
 "FCI sells 385,000 tonnes wheat in open market via e-auction, control prices")
Sensex, Nifty end flat amid late sell-off; IT, broader indices hold gains
CLOSING BELL: The BSE Sensex hit a fresh calendear year high at 61,682, before forfeiting most gains at close. Midcap, Smallcap indices gained nearly a per cent Thursday.
 "Sensex, Nifty end flat amid late sell-off; IT, broader indices hold gains")
Gokaldas Exports hits 4-month high, rallies 15% in one week post Q3 results
Once FTA with the UK happens, India can potentially see USD1bn of exports from this region
 "Gokaldas Exports hits 4-month high, rallies 15% in one week post Q3 results")
Bharat Dynamics soars 11% after it signs 10 MoUs at Aero India 2023
The company entered into 10 Memorandum of Understandings (MoUs) with several foreign and Indian companies during Aero India - 2023
 "Bharat Dynamics soars 11% after it signs 10 MoUs at Aero India 2023")
PI Industries extends rally, soars 12% in two days on better growth outlook
The management is confident of delivering 20 per cent plus revenue growth with continued improvement in margins and returns.
 "PI Industries extends rally, soars 12% in two days on better growth outlook")
Half of Nifty 50 stocks yet to reclaim Budget peaks, breadth stays fragile
Selective stocks like Bharat Petroleum Corporation, Divi's Laboratories, Hindalco Industries, Hero MotoCorp and State Bank of India, the technical charts are reflecting clear weakness.
 "Half of Nifty 50 stocks yet to reclaim Budget peaks, breadth stays fragile")
IT shares in focus; TCS hits 9-mth high; Tech Mahindra surges 11% in 2 days
Thus far in calendar year 2023, the Nifty IT index has outperformed the market by surging 10 per cent, as compared to 0.55 per cent decline in the Nifty 50
 "IT shares in focus; TCS hits 9-mth high; Tech Mahindra surges 11% in 2 days")
Indian shares rise after US retail sales data lifts global sentiment
Indian shares opened higher on Thursday, after latest U.S. retail sales data signalled strength in the world's biggest economy, return of foreign buying in domestic equities helped sentiment.
Shares of ONGC, Oil India fire up as govt slashes windfall tax sharply
The reduction of windfall tax will reduce cess of domestic oil production companies like ONGC and Oil India.
 "Shares of ONGC, Oil India fire up as govt slashes windfall tax sharply")
InterGlobe Aviation slips 5% after 4% equity changes hands via block deal
Rakesh Gangwal was set to pare his stake in IndiGo by a further 4 per cent via block deals on Thursday. The block deal was said to be for 1.56 crore shares worth Rs 2,930 crore
 "InterGlobe Aviation slips 5% after 4% equity changes hands via block deal")
Here's why Ravi Nathani is bullish on realty, pharma shares over near-term
According to the technical analyst, charts suggest bullish trend for Nifty Pharma, Nifty Realty, and Nifty Media indices
 "Here's why Ravi Nathani is bullish on realty, pharma shares over near-term")
Stocks to watch: Nestle India, NTPC, HAL, Bharat Dynamics, MTNL, BEL
Stocks to watch today: Nestle India, and Schaeffler India will report the October-December quarter (Q3FY23) results on Thursday, February 16.
 "Stocks to watch: Nestle India, NTPC, HAL, Bharat Dynamics, MTNL, BEL")
NSE, CME Group tie up to launch Nymex crude, natural gas derivatives
Indian bourse will be able to list and settle rupee-denominated contracts in these commodities
 "NSE, CME Group tie up to launch Nymex crude, natural gas derivatives")
Sensex pares early losses, Nifty reclaims 18K mark amid mixed global trends
Extending gains for a second day, the 30-share BSE Sensex advanced 242.83 points or 0.40 per cent to close at 61,275.09
 "Sensex pares early losses, Nifty reclaims 18K mark amid mixed global trends")
Mutual fund ownership of Adani group stocks is not very high: Equirus
Primary markets will take few months to recover, says Ashutosh Tiwari of Equirus. Investors, he said, are now only interested in businesses which have better historical growth and cash flow profile.
 "Mutual fund ownership of Adani group stocks is not very high: Equirus")
MFIs set for better days, as collection improves, loan sales jump
Microfinance players have already come out of the massive hit they took during the pandemic and are likely to report lower credit cost by the end of this fiscal, as growth momentum is on an upswing, says a report.
 "MFIs set for better days, as collection improves, loan sales jump")
Wheat prices fall by Rs 5/kg after launch of open market sale: Food Secy
Union Food Secretary Sanjeev Chopra said the prices of wheat in wholesale & retail markets reduced by about Rs 5/kg after the Centre's decision to sell 3 million tonnes of the grain in the open market
 "Wheat prices fall by Rs 5/kg after launch of open market sale: Food Secy")
Global index provider MSCI mulls not including stocks under ASM in indices
Market participants complain about stringent trading measures on some frontline stocks
 "Global index provider MSCI mulls not including stocks under ASM in indices")
Retail investors keep faith on India stocks despite recent Adani rout
Retail investors such as Mistri are part of a groundswell that is changing the face of the world's second-biggest emerging market
 "Retail investors keep faith on India stocks despite recent Adani rout")