Page 1601 - Markets News
Holcim deal: Charts indicate up to 14% upside for ACC, Ambuja, Adani Ent
Adani Enterprises can rally up to 14 per cent; whereas ACC, and Ambuja Cements can gain another 10 per cent each, indicate charts
 "Holcim deal: Charts indicate up to 14% upside for ACC, Ambuja, Adani Ent")
Bandhan Bank surges 8% on improvement in asset quality in March quarter
Gross non-performing asset (NPA) and net NPA ratios declined 435 bps and 135 bps to 6.46 per cent and 3.01 per cent, respectively, on a quarter on quarter (QoQ) basis.
 "Bandhan Bank surges 8% on improvement in asset quality in March quarter")
Avenue Supermarts gains 8% post March quarter results
Though January 2022 started extremely well but the omicron wave reduced the momentum over middle of the month.
 "Avenue Supermarts gains 8% post March quarter results")
Ambuja, ACC gain up to 8% on Adani Group's buyout of Holcims's India biz
The Adani Group announced the acquisition of Swiss cement major Holcim's stake in all its Indian operating entities for $10.5 billion (around Rs 81,361 crore), including the open offers.
 "Ambuja, ACC gain up to 8% on Adani Group's buyout of Holcims's India biz")
How diamond baron Govind Dholakia got Rs 920 from his first trade
Diamond tycoon Govind Dholakia has come out with a tongue-in-cheek account of his journey of life, recalling how he created a billion-dollar company
 "How diamond baron Govind Dholakia got Rs 920 from his first trade")
Amber Enterprises tanks 18% on weak Q4 operational performance
In Q4, EBITDA margins declined by 240 bps to 6.5 per cent, due to delay in passing of higher raw material prices along with sharp increase in employee cost.
 "Amber Enterprises tanks 18% on weak Q4 operational performance")
Stocks to Watch: Adani Group, RIL, SBI, Dmart, Railtel, Bandhan Bank, PSBs
Stocks to Watch Today: Bharat Forge, Fino Payments Bank, MCX India, RateGain Travel, Raymond and VIP Industries are some of the notable companies scheduled to announce Q4 results on Monday.
 "Stocks to Watch: Adani Group, RIL, SBI, Dmart, Railtel, Bandhan Bank, PSBs")
Sebi to set up FPI expert panel soon; single window to address concerns
Experts said the advisory committee will help smoothen the implementation of key policies
 "Sebi to set up FPI expert panel soon; single window to address concerns")
How have different asset classes fared in 2022 so far?
Investors, who thronged the markets during the Covid-induced sell-off, are looking for cover. Rising interest rates and inflation have taken a toll on sentiment. Find out the road ahead for equities
 "How have different asset classes fared in 2022 so far?")
The probability of stagflation worries mkts: Valentis Advisors MD Jaipuria
In conversation with Sundar Sethuraman, he says foreign flows may move to some of the under-performing markets within the emerging markets (EMs)
 "The probability of stagflation worries mkts: Valentis Advisors MD Jaipuria")
Quant Active Fund: Long-term outperformance via active portfolio churn
The fund is managed by Ankit Pande, Vasav Sahgal, and Sanjeev Sharma
 "Quant Active Fund: Long-term outperformance via active portfolio churn")
MF buying cushions foreign portfolio investors selling blow, shows data
An analysis by Edelweiss Alternative Research shows fund managers invested large sums in blue-chip stocks, such as Reliance Industries, Infosys, ICICI Bank, and SBI Cards, in April
 "MF buying cushions foreign portfolio investors selling blow, shows data")
M-cap of eight biggest firms falls over Rs 2.48 trn; Reliance biggest drag
The market valuation of Reliance Industries tumbled Rs 1,30,627.7 crore to reach Rs 16,42,568.98 crore.
 "M-cap of eight biggest firms falls over Rs 2.48 trn; Reliance biggest drag")
Street signs: IPOs continue to roll on, no data for new HNI category & more
This week, three initial public offerings (IPOs) hit the market
 "Street signs: IPOs continue to roll on, no data for new HNI category & more")
Engineering R&D segment to outperform IT services players in FY23
Barring Cyient, valuations of most ER&D firms on the expensive side
 "Engineering R&D segment to outperform IT services players in FY23")
World m-cap drops below $100 trn as Fed cuts rates, war continues
India's market ranking has once again slipped to seventh position as a variety of crises bother investors
 "World m-cap drops below $100 trn as Fed cuts rates, war continues")
US consumer sentiment near 11-year low; import prices unchanged in April
Consumer sentiment index falls 9.4% to 59.1 in May. Import prices unchanged in April; up 12.0% year-on-year
 "US consumer sentiment near 11-year low; import prices unchanged in April")
LIC issue price fixed at Rs 949 a share; policyholders get discount
The LIC IPO -- India's largest to date -- closed with nearly three times subscription.
 "LIC issue price fixed at Rs 949 a share; policyholders get discount")
India is among the least favoured markets in Asia: Sunil Tirumalai of UBS
As liquidity starts drying up, banks rates start rising and market returns struggle, we expect some level of softness in household market allocations, he said
 "India is among the least favoured markets in Asia: Sunil Tirumalai of UBS")
Odds in favour of more near-term correction in Indian stocks: Chris Wood
Chris Wood believes the best way to play Indian markets is the upswing in the Indian property/real estate sector despite the rate hikes by the Reserve Bank of India (RBI)
 "Odds in favour of more near-term correction in Indian stocks: Chris Wood")