Page 1457 - Markets News
Settlement scheme to be extended for 150 brokers from December 19
The scheme ends on January 19, 2023; terms and conditions will be made available on date of commencement
 "Settlement scheme to be extended for 150 brokers from December 19")
Sensex ends at record closing, rises 211 pts; Nifty holds 18,550; RIL up 3%
CLOSING BELL: The S&P BSE Sensex hit a fresh life-time high at 62,701, and the Nifty 50 registered a fresh summit at 18,614 on Monday
 "Sensex ends at record closing, rises 211 pts; Nifty holds 18,550; RIL up 3%")
MSTC hits 20% upper circuit, counter logs volume of over 8% of total equity
A combined 5.83 million equity shares representing 8.3 per cent of total equity of the company had changed hands at the counter on the NSE and BSE so far.
 "MSTC hits 20% upper circuit, counter logs volume of over 8% of total equity")
Tyre stocks on a roll; Apollo Tyres hits record high, Ceat 52-week high
The raw material (RM) and other input costs have started softening after a long spell of unprecedented increase, which is likely to improve margins in the medium term for tyre companies
 "Tyre stocks on a roll; Apollo Tyres hits record high, Ceat 52-week high")
Reliance Industries surges 3%, trades at five-month high
Shares of Reliance Industries were trading higher for the third straight day, and have gained 5.4 per cent during the period.
 "Reliance Industries surges 3%, trades at five-month high")
IEX falls 2% as board approves Rs 98 crore share buyback via open market
The board approved buyback of equity shares of the company at a price not exceeding Rs 200 per share and not exceeding Rs 98 crore through the open market
 "IEX falls 2% as board approves Rs 98 crore share buyback via open market")
Paytm dips 4% intra-day as RBI asks arm not to onboard new online merchants
This has no material impact on our business and revenues, since the communication from RBI are applicable only to on boarding of new online merchants, Paytm said
 "Paytm dips 4% intra-day as RBI asks arm not to onboard new online merchants")
Stock price of this PSU company has nearly doubled thus far in November
Shares of Rail Vikas Nigam hit a new high at Rs 79.70 on rallying 9 per cent in Monday's intra-day trade on healthy business outlook.
 "Stock price of this PSU company has nearly doubled thus far in November")
Hero MotoCorp to hike prices from December 1; stock gains nearly 4%
The company said it will increase the prices of its motorcycles and scooters by up to Rs 1,500, with effect from December 1, due to inflationary cost pressures
 "Hero MotoCorp to hike prices from December 1; stock gains nearly 4%")
Support for MCX Gold seen at Rs 51,865; Silver may dip to Rs 59,000-level
The Rs 51,865-level is the 20-DMA for MCX Gold, below which the next major support is seen at Rs 51,050.
 "Support for MCX Gold seen at Rs 51,865; Silver may dip to Rs 59,000-level")
Stocks to Watch: Hero MotoCorp, Castrol, Tata Consumer, HFCL, Bikaji Foods
Stocks to Watch Today: Bikaji Foods, Castrol, Hero MotoCorp, Godrej Properties, Tat Consumer, pharma and insurance related shares are likely to be in focus on Monday.
 "Stocks to Watch: Hero MotoCorp, Castrol, Tata Consumer, HFCL, Bikaji Foods")
With markets near all-time highs, which sectors should you bet on?
The index has rallied over 20% from its 52-week low led by metals, financials and FMCG shares. Do these sectors have enough legs to take the indices further higher or is it time for sector rotation?
 "With markets near all-time highs, which sectors should you bet on?")
More rate hikes lined up, yields may have peaked: SBI MF's Radhakrishnan
He reveals why fixed maturity plans (FMPs) remain relevant, notwithstanding the emergence of target maturity funds (TMFs) in the 'predictable return' space in debt
 "More rate hikes lined up, yields may have peaked: SBI MF's Radhakrishnan")
Equity rerate unlikely before second half of 2023, says Credit Suisse
Higher-rates-for-longer theme triggered significant derating this year
 "Equity rerate unlikely before second half of 2023, says Credit Suisse")
India's sectoral valuations outstrip Asian counterparts, shows data
The price-to-earnings (P/E) for the industrial and consumer staples sectors has more than doubled that of other Asian markets
 "India's sectoral valuations outstrip Asian counterparts, shows data")
Street Signs: Buy the dip, microfinance sector seen turning a corner & more
Microfinance stocks are likely to benefit from a rise in credit demand. According to analysts, the microfinance industry has captured only 28.5 per cent of the total addressable market
 "Street Signs: Buy the dip, microfinance sector seen turning a corner & more")
FPIs flock to Indian mkt; buy shares worth Rs 31,630 cr in Nov
According to experts, after remaining net sellers in August and September, Foreign Portfolio Investors (FPIs) are unlikely to be major sellers going forward
 "FPIs flock to Indian mkt; buy shares worth Rs 31,630 cr in Nov")
Mcap of 9 of top 10 firms climbs Rs 79,798 cr; TCS, Infosys biggest winners
Nine of the top 10 valued firms together added Rs 79,798.3 crore in market valuation last week, with IT majors TCS and Infosys emerging as the biggest winners
 "Mcap of 9 of top 10 firms climbs Rs 79,798 cr; TCS, Infosys biggest winners")
Macro data, global trends to guide equity markets this week: Analysts
Trading activity in the equity market this week will depend on macroeconomic data announcements, monthly auto sales numbers and global trends, analysts said
 "Macro data, global trends to guide equity markets this week: Analysts")
TVS Supply Chain files addendum to DRHP as it turns profitable in H1
TVS Supply Chain Solutions, seeking to raise around Rs 4,000 crore through a share sale, on Friday submitted an addendum to the DRHP that was filed with the markets regulator Sebi in February.