Page 1549 - Markets News
Nykaa, Paytm, Zomato: Are these stocks worth your money post Q1 results?
The common thread, however, that runs across most brokerages is Zomato, where they suggest buying the stock with the one-year target price ranging between Rs 60 - 115
 "Nykaa, Paytm, Zomato: Are these stocks worth your money post Q1 results?")
New Sebi rules may pull the rug out from India's bid to boost bond market
Opening up India's corporate bond market is an important part of Prime Minister Narendra Modi's pledge to almost double the size of the economy to $5 trillion by 2025
 "New Sebi rules may pull the rug out from India's bid to boost bond market")
Top brokerages welcome Paytm's Q1 results, reiterate 'buy' rating
In their brokerage notes, they highlighted Paytm's strong growth in revenue and contribution margins during the quarter in addition to sharp improvement in net payment margins
 "Top brokerages welcome Paytm's Q1 results, reiterate 'buy' rating")
SBI Q1 review: Analysts cut earnings estimate to factor MTM loss, weak NIM
SBI Q1: The country's biggest state-owned lender reported a net profit of around Rs 6,070 crore (down 7 per cent year-on-year) with the miss being driven by 13 bps sequential decline in NIM
 "SBI Q1 review: Analysts cut earnings estimate to factor MTM loss, weak NIM")
Sensex soars 465 pts, Nifty tops 17,500; all except PSBs rally; SBI dips 2%
CLOSING BELL: Coal India, M&M, Bajaj Finserv, HDFC Bank, Hindalco, Axis Bank, NTPC, L&T, HDFC, Dr Reddy's Labs, RIL, IndusInd Bank, and Apollo Hospitals were the top gainers on the 50-pack index today
 "Sensex soars 465 pts, Nifty tops 17,500; all except PSBs rally; SBI dips 2%")
Bajaj Finserv hits over 3-month high; stock zooms 30% in a month
On July 28, 2022, Bajaj Finserv's board had approved 1:1 bonus issue and 1:5 stock split.
 "Bajaj Finserv hits over 3-month high; stock zooms 30% in a month")
HPCL, BPCL shed up to 4% on lackluster June quarter performance
So far in this calendar year, BPCL and HPCL have tumbled 13 per cent, and 14 per cent, respectively. However, frontline indices Nifty50 and the S&P BSE Sensex have remained flat during the same period
 "HPCL, BPCL shed up to 4% on lackluster June quarter performance")
SBI, Paytm, Nykaa, BPCL, Titan: Trading strategies post Q1 results
Paytm and Nykaa have logged smart gains gains in trade so far on Monday post Q1 results, while SBI and BPCL declined notably. Going ahead these are the key levels to be watched on these stocks.
 "SBI, Paytm, Nykaa, BPCL, Titan: Trading strategies post Q1 results")
Stock of this restaurant company has zoomed over 100% in last seven weeks
Speciality Restaurants rallied 13% to Rs 209.90 in intra-day trade on Monday and hit its highest level since April 2015.
 "Stock of this restaurant company has zoomed over 100% in last seven weeks")
Indian shares dips as top lender SBI falls 3% after weak quarterly earnings
Shares of State Bank of India were down after the bank on Saturday missed estimates with a 6.7% fall in first-quarter net profit hit by investment losses
 "Indian shares dips as top lender SBI falls 3% after weak quarterly earnings")
Hindustan Aeronautics rallies 5%, hits new high on strong business outlook
In the year 2022-23, defense budgets and revenues for defense contractors are expected to remain largely stable or increase, as military programs continue to be critical to national defense
 "Hindustan Aeronautics rallies 5%, hits new high on strong business outlook")
Asian stocks mixed after US job gain paves way for interest rate hike
Asian stocks were mixed on Monday after strong US jobs data cleared the way for more interest rate hikes and China reported its exports rose by double digits.
 "Asian stocks mixed after US job gain paves way for interest rate hike")
SBI dips 3% on profit booking post June quarter results
Gradual improvement in margin, steady operational efficiency coupled with adequate provision buffer to aid earning momentum, analysts said.
Stocks to Watch: Bharti Airtel, Nykaa, Paytm, BPCL, SBI, Titan, Adani Ports
Stocks to watch today: Bharti Airtel and Adani Ports will report their June quarter results (Q1FY23); Titan saw 13-fold jump in net profit to Rs 790 crore in Q1FY23.
 "Stocks to Watch: Bharti Airtel, Nykaa, Paytm, BPCL, SBI, Titan, Adani Ports")
How RBI repo rate hike may impact you
The Reserve Bank of India's Monetary Policy Committee has hiked the repo rate by 50 basis point -- taking it above the pre-pandemic level. So how will it impact home loan borrowers, and investors?
 "How RBI repo rate hike may impact you")
Are Indian stock markets turning domestic?
RBI's MPC observed that the domestic economic activity was resilient against the backdrop of adverse global environment. Investment by domestic investors has seen a steady rise. Here're some insights
 "Are Indian stock markets turning domestic?")
Equity, debt markets' strategy post RBI's rate hike decision
Bond prices fell sharply while the equities rallied after the RBI's rate hike on Friday. Our next report tells us how the increase in repo rate will affect both these asset classes
 "Equity, debt markets' strategy post RBI's rate hike decision")
Too early to say whether the worst is over or yet to come: Ritu Arora
Ritu Arora, Asia CEO & CIO, Allianz Investment Management Singapore says her expectation of Indian earnings at a compound annual growth rate is 8-12 per cent
 "Too early to say whether the worst is over or yet to come: Ritu Arora")
At 13.8% gains, India best-performing stock market since June lows
The benchmark Nifty50 Index has gained the most among major global markets, soaring 13.8 per cent since June 17, when it had dropped to its lowest levels in 13 months
 "At 13.8% gains, India best-performing stock market since June lows")
India's market capitalisation to GDP goes past 100% again, shows data
Interestingly, between 2008-09 and 2019-20, the ratio going past 100 per cent was a rarity
 "India's market capitalisation to GDP goes past 100% again, shows data")