Page 1491 - Markets News
IEX trade volume dips over 11% to 23.1 billion units from July to September
The total trade volume of Indian Energy Exchange (IEX) dipped over 11 per cent to 23.1 billion units in the July-September quarter, compared to the year-ago period, due to supply-side constraints.
 "IEX trade volume dips over 11% to 23.1 billion units from July to September")
Q2 impact: Upside of up to 14% on cards for ITC, Axis Bank, Dixon Tech
Among prominent stocks, ITC, Dixon Technologies, Axis Bank and Bajaj Finance seem poised to rally up to 14 per cent; whereas Asian Paints is seen testing the crucial 200-DMA level at Rs 3,131.
 "Q2 impact: Upside of up to 14% on cards for ITC, Axis Bank, Dixon Tech")
Here's why LIC, PB Fintech, Delhivery sunk to all-time lows in a firm mkt
With Friday's decline, the stock price of Delhivery has corrected 46 per cent from its record high level of Rs 708.45, which it had touched on July 21, 2022
 "Here's why LIC, PB Fintech, Delhivery sunk to all-time lows in a firm mkt")
Ukraine war, inflation: Factors that will guide stock market in Samvat 2079
As we enter Samvat 2079, analysts expect markets to remain under pressure and witness more volatility in the near-term on account of deterioration in global macros
 "Ukraine war, inflation: Factors that will guide stock market in Samvat 2079")
Nifty PSU Bank index hits record high; Indian Bank surges 22% in one week
In the past one week, Nifty PSU Bank index has rallied 12 per cent as compared to 3 per cent rise in Nifty50
 "Nifty PSU Bank index hits record high; Indian Bank surges 22% in one week")
Here's why Mehul Kothari expects Axis Bank to hit Rs 1,000-mark
According to the technical analyst from Anand Rathi, a weekly close above Rs 825, can potentially trigger a massive rally in Axis Bank up to Rs 1,000-mark.
 "Here's why Mehul Kothari expects Axis Bank to hit Rs 1,000-mark")
ITC hits new high on solid Q2 performance; analysts see up to 16% upside
Analysts believe ITC would continue to grow in its core business of Cigarettes and FMCG with stable taxation & softening of raw material prices.
 "ITC hits new high on solid Q2 performance; analysts see up to 16% upside")
ICICI Bank Q2 net profit may rise 35% YoY on solid loan book, say analysts
ICICI Bank Q2 preview: Better credit growth, including for mortgages and unsecured loans, should drive up margins, leading to healthy core profitability, analysts said
 "ICICI Bank Q2 net profit may rise 35% YoY on solid loan book, say analysts")
What drove markets down the drain in Samvat 2078?
Equity markets battled a number of headwinds in Samvat 2078. As we enter Samvat 2079, we take a step back to delve into what led to a disappointing Samvat 2078 since last Diwali. Here's a report
F&O Strategy: Nandish Shah recommends Bull Spread Strategy on HCL Tech
The derivative analyst from HDFC Securities recommends buying HCL Technologies 1020 Call and selling 1040 Call of the October series.
 "F&O Strategy: Nandish Shah recommends Bull Spread Strategy on HCL Tech")
Stocks to Watch: Axis Bank, ITC, Asian Paints, Bajaj Finance, YES Bank, RIL
Stocks to Watch: The Competition Commission of India (CCI) has approved Carlyle Group and Advent International's acquisition of up to 10 per cent stake each in YES Bank
 "Stocks to Watch: Axis Bank, ITC, Asian Paints, Bajaj Finance, YES Bank, RIL")
Domestic buying powering Indian equities but stocks yet to feel tight money
After recent downgrades, stocks comprising the country's benchmark Nifty Index are forecast to deliver around 15% higher income over the next 12 months than at the start of 2020
 "Domestic buying powering Indian equities but stocks yet to feel tight money")
Markets extend gains for 5th session on fag-end buying IT stocks shine
World stocks were largely negative ahead of a slew of central bank meetings
 "Markets extend gains for 5th session on fag-end buying IT stocks shine")
Tracxn Technologies stock gains on NSE debut, up 17.7% at Rs 94.20 apiece
The stock of the data processing services company got listed at Rs 84.50, a Rs 6 per premium, to its issue price
 "Tracxn Technologies stock gains on NSE debut, up 17.7% at Rs 94.20 apiece")
Balance sheet of financial firms in best shape ever: DSP MF MD & CEO
'Every investor's time horizon and risk appetite is different hence I can't give a single answer for a diverse investor base'
 "Balance sheet of financial firms in best shape ever: DSP MF MD & CEO")
Two years on, Sebi's sandbox initiative yet to find its feet
Most applications have either been withdrawn or stand rejected
 "Two years on, Sebi's sandbox initiative yet to find its feet")
HUL Q2 preview: Revenue may climb up to 21% YoY in Q2FY23, say analysts
HUL Q2 preview: Analysts expect the cost inflation in palm prices and packaging material to dent the FMCG major's margin picture in Q2-FY23
 "HUL Q2 preview: Revenue may climb up to 21% YoY in Q2FY23, say analysts")
Suzlon Energy rights issue subscribed 1.8 times, stock down 3.7%
The company is issuing 2.4 billion new shares, at Rs 5 apiece, through the rights issue
 "Suzlon Energy rights issue subscribed 1.8 times, stock down 3.7%")
Sebi allows stock brokers to place client bids on RFQ platform from Jan 1
The stock exchanges launched the platform in February 2020 to bring transparency in over the counter deals
 "Sebi allows stock brokers to place client bids on RFQ platform from Jan 1")
Sensex rises 96 pts after range-bound trade; Pvt banks weak, IT strong
CLOSING BELL: Meanwhile, the rupee will fall further against the US dollar over the rest of the year, a Reuters poll showed. It slipped to a record low of 83.21 today, and ended at 82.75/$
 "Sensex rises 96 pts after range-bound trade; Pvt banks weak, IT strong")