Page 1486 - Markets News
Titan hits record high on hopes of strong Q2FY23; stock up 44% in 4 months
The board of directors of Titan is scheduled to meet on Friday, November 4, 2022 to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2022
 "Titan hits record high on hopes of strong Q2FY23; stock up 44% in 4 months")
Maruti Suzuki surges 8% in 2 days; stock nears record high on strong Q2FY23
The stock of automobiles major traded close to its record high level of Rs 10,000, which it had touched on December 20, 2017
 "Maruti Suzuki surges 8% in 2 days; stock nears record high on strong Q2FY23")
Bandhan Bank slips 10% to hit lowest level this year on weak Q2FY23
Analysts believe that though balance sheet restructuring in progress, the operationally weak performance and uncertainty on stressed pool remains an overhang
 "Bandhan Bank slips 10% to hit lowest level this year on weak Q2FY23")
Stocks to Watch: IOC, Vedanta, RIL, NTPC, Nykaa, Hero Moto, Dr Reddy, Sugar
Stocks to Watch today: Reliance Strategic Business Ventures Ltd (RSBVL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), has acquired an additional stake in skyTran Inc for Rs 123.4 crore
 "Stocks to Watch: IOC, Vedanta, RIL, NTPC, Nykaa, Hero Moto, Dr Reddy, Sugar")
Listed asset management companies see subdued profit growth in Q2
The brokerage has set a March 2024 target of Rs 2,470 for HDFC AMC and Rs 400 for Nippon India AMC
 "Listed asset management companies see subdued profit growth in Q2")
FPIs selloff at slow pace; pull out Rs 1,586 crore from equities in Oct
So far this year, the total outflow by FPIs in equities has reached Rs 1.70 trillion
 "FPIs selloff at slow pace; pull out Rs 1,586 crore from equities in Oct")
Global turmoil not over, volatility to remain: MD, ITI Long Short Eq Fund
In Q&A, Rajesh Bhatia spells out the key tailwinds and risks the domestic markets face at this juncture and how a long-short fund can help protect downside risks
 "Global turmoil not over, volatility to remain: MD, ITI Long Short Eq Fund")
Indian markets straggle behind US and Europe in October, shows data
However, on a YTD basis, the S&P BSE Sensex declined 7%. The Dow fell 9.6%; the Euro Stoxx 50 down 26%
 "Indian markets straggle behind US and Europe in October, shows data")
Near-term margin hangover may put a lid on United Spirits' upside
Even as brokerages are positive on the prospects of the two liquor majors, they face profitability challenges
 "Near-term margin hangover may put a lid on United Spirits' upside")
Street Signs: Litmus test for IPO mkt, WhatsApp is Sebi's bogey, and more
This week, four companies are looking to raise more than Rs 4,100 crore via IPOs
 "Street Signs: Litmus test for IPO mkt, WhatsApp is Sebi's bogey, and more")
Market outlook: Earnings, Fed rate decision major factors to watch out for
The ongoing quarterly earnings season, the RBI's special meeting and the US Fed interest rate decision are the major events that would dictate trends in market this week, analysts said
 "Market outlook: Earnings, Fed rate decision major factors to watch out for")
Nine of top-10 firms add Rs 90,319 cr in market valuation; RIL leads pack
Nine of the 10 most valued domestic firms together added Rs 90,318.74 crore in market valuation last week amid a positive trend in equities, with Reliance Industries emerging as the biggest winner
 "Nine of top-10 firms add Rs 90,319 cr in market valuation; RIL leads pack")
How will US Fed and BoE rate action affect markets this week?
Indian markets stayed in green on the first week of Samvat 2079. This week, interest rate decisions by the US Fed and the Bank of England, along with global macro numbers will affect market trends
 "How will US Fed and BoE rate action affect markets this week?")
Markets gain for second straight day; Sensex ends 203 points higher
In the Sensex pack, Maruti, Reliance Industries, NTPC, Power Grid, Mahindra & Mahindra, Bajaj Finserv, Titan and Kotak Mahindra Bank were the major winners
 "Markets gain for second straight day; Sensex ends 203 points higher")
Sebi suspends registration of RTA for three months over operational lapses
Findings against Satellite Corporate Services "shocking and disturbing", says Sebi order
 "Sebi suspends registration of RTA for three months over operational lapses")
Using tech to crack down on insider trading: Sebi's Madhabi Puri Buch
Chairperson Madhabi Puri Buch says developing algos to identify mis-selling and other violations
 "Using tech to crack down on insider trading: Sebi's Madhabi Puri Buch")
Oil prices down as top crude importer China widens Covid-19 curbs
US West Texas Intermediate (WTI) crude futures were down $1.02, or 1.2 per cent, at $88.06
 "Oil prices down as top crude importer China widens Covid-19 curbs")
Sebi to auction properties of Bishal Group on Nov 30 to recover money
Capital markets regulator Sebi will auction as many as 10 properties of Bishal Group of companies on November 30 to recover money that was illegally raised by the firms from the public
 "Sebi to auction properties of Bishal Group on Nov 30 to recover money")
Sensex rises 203 pts, Nifty ends near 17,800; Maruti zooms 5%, RIL 3%
Stock market wrap: Reliance alone contributed 231 points to the 30-share benchmark. Maruti, M&M and NTPC were the other major gainers. The Metal and IT sector witnessed selling pressure.
 "Sensex rises 203 pts, Nifty ends near 17,800; Maruti zooms 5%, RIL 3%")
Maruti Suzuki soars 5%, hits 52-wk high on better-than-expected Q2 results
The company said it has been making simultaneous efforts in securing electronic components availability, cost reduction, and improving realization from the market to better its margins
 "Maruti Suzuki soars 5%, hits 52-wk high on better-than-expected Q2 results")