Page 1576 - Markets News
Bond yields dip 10 bps on falling crude prices amid global growth concerns
Bond prices and yields move inversely. A fall of 1 bps in the yield on the 10-year paper corresponds to a rise in price of roughly 7 paise
 "Bond yields dip 10 bps on falling crude prices amid global growth concerns")
Investors fear big decline in metal companies' margins and profits
The metal sector also faces headwinds from an investment slowdown in China that accounts for more than half the global metal demand
 "Investors fear big decline in metal companies' margins and profits")
Weak rupee a worry for Indian firms as 44% foreign loans unhedged
Experts say the rupee is expected to depreciate further during the year as there is huge maturity of forex loans coming up
 "Weak rupee a worry for Indian firms as 44% foreign loans unhedged")
'Long-term capital gains tax relief will be a game-changer for the markets'
Retail investors in India are by default optimistic. They are strong believers in the long-term story of India, and rightly so, says Sandeep Bhardwaj of IIFL Securities.
 "'Long-term capital gains tax relief will be a game-changer for the markets'")
Gains in financials hinge on RBI policy, investors must consider options
Nifty Bank outperforming the Nifty50 in recent times could be a sign of things to come
 "Gains in financials hinge on RBI policy, investors must consider options")
ICICI Securities falls 1% as CLSA downgrades rating, earnings view
Shares of the largest listed brokerage have nearly halved this year
 "ICICI Securities falls 1% as CLSA downgrades rating, earnings view")
Goldman Sachs sees Kotak Mahindra Bank entering $100-bn club by FY27
Shares of Kotak Bank rose 2.64 per cent on Wednesday to end at Rs 1,707, valuing the lender at $42.8 billion (Rs 3.4 trillion)
 "Goldman Sachs sees Kotak Mahindra Bank entering $100-bn club by FY27")
Bulls are back: Equities rebound over 1%; crude below $100 per barrel
Reversal in FPI selling buoys sentiment
 "Bulls are back: Equities rebound over 1%; crude below $100 per barrel")
Emerging markets post longest streak of monthly outflows since 2015: IIF
Emerging markets suffered a fourth straight month of portfolio outflows in June, notching the longest losing streak in seven years, as recession fears and inflation rattled investors, IIF data said
 "Emerging markets post longest streak of monthly outflows since 2015: IIF")
Hit hard by inflation, India's FMCG industry reports volume decline in Q1
Demand in the FMCG industry remained soft in the June quarter, with major players Dabur, Marico and Godrej Consumer Products Ltd (GCPL) stating that consumers have titrated consumption
 "Hit hard by inflation, India's FMCG industry reports volume decline in Q1")
Online retail spending in India to grow six-fold to $300 bn by 2030: Report
Online retail spending in India is expected to grow nearly sixfold to USD 300 billion by 2030 with expansion in the number of digitally-influenced shoppers and online shoppers, said BCG
 "Online retail spending in India to grow six-fold to $300 bn by 2030: Report")
Oil prices rebound from Tuesday tumble as supply concerns regain footing
Oil prices have risen owing to supply concerns worldwide
 "Oil prices rebound from Tuesday tumble as supply concerns regain footing")
If history repeats itself, global equities set for brief relief in July
With world markets plunging through the first quarter of the year, narrow hopes of recovery is there if history repeats itself and global equities gain lost footing in July
 "If history repeats itself, global equities set for brief relief in July")
Sensex ends 617 pts up, Nifty near 16K; Bajaj twins gain 5%, HUL 4%
Despite a 0.8 per cent fall in heavyweight Reliance, Bajaj twins, HUL, Asian Paints, Maruti, Titan, Kotak Bank and Nestle led the upmove on the Sensex, moving up to 4.8 per cent higher.
 "Sensex ends 617 pts up, Nifty near 16K; Bajaj twins gain 5%, HUL 4%")
Hero MotoCorp soars 4%, nears 52-week high on hopes of healthy Q1 results
The company expects the positive trend to continue in the coming months, on the back of a decent monsoon, and encouraging farm activity.
 "Hero MotoCorp soars 4%, nears 52-week high on hopes of healthy Q1 results")
5 technical reasons to sell Marico, Dabur and buy Hindustan Unilever
Shares of Hindustan Unilever are exhibiting a major breakout, whereas Dabur India and Marico are not exhibiting much of a promise on the charts.
 "5 technical reasons to sell Marico, Dabur and buy Hindustan Unilever")
Tube Investments hits 6 month-high; zooms 29% in 2 weeks on strong outlook
TII's diversified approach to de-risk from auto sector and concentrate more on other industrial segments (like railways & powers through the inorganic form) to support long-term revenue visibility.
 "Tube Investments hits 6 month-high; zooms 29% in 2 weeks on strong outlook")
Oil India, ONGC tank up to 33% in 1 week on windfall tax, fall in Brent oil
Oil India was down 8 per cent at Rs 176, while ONGC shed 6 per cent in traes on Wednesday.
Avenue Supermarts gains 11% in three days post June quarter 2022 biz update
The company is scheduled to announce June quarter results on Saturday, July 9, 2022.
 "Avenue Supermarts gains 11% in three days post June quarter 2022 biz update")
Here's why Vinay Rajani recommends buying Godrej Consumer, Finolex Cables
The technical analyst from HDFC Securities expects the bias for the Nifty to remain positive as long as the NSE index holds above 15,704.
 "Here's why Vinay Rajani recommends buying Godrej Consumer, Finolex Cables")