Page 1631 - Markets News

Indian bond yields off session highs on short-covering; rupee slumps

India imports more than two-thirds of its oil requirements and rising prices tend to push up imported inflation and widen the country's trade and current account deficits

Varun Beverage shares at all-time high on firm demand outlook for beverages

Varun Beverage is the second largest bottling company of PepsiCo's beverages in the world outside the US

Sensex sinks 1,172 pts, Nifty below 17,200; Infosys tanks 7%, HDFC Bank 5%

CLOSING BELL: Dismal March quarter earnings by HDFC Bank & Infosys, coupled with fears of aggressive rate hikes amid rising inflation, soaring bond yields, & resurgence in Covid-19 cases hit sentiment

Sensex tanks 1,172 points in trade today; Key reasons behind the sharp fall

In Monday's early trade, the two frontline indices dropped 2 per cent each as IT major Infosys and banking giant HDFC Bank plunged sharply on disappointing Q4 performance

Mkt hasn't adequately factored in risks to growth: Nomura's Saion Mukherjee

If inflation-related issues get more structural and last longer, rates can continue to surprise further on the upside, leading to contraction in valuation multiples: Saion Mukherjee

Paper stocks in demand; JK Paper, Seshasayee Paper surge up to 14%

Paper stocks rallied on expectation of strong earnings supported by robust growth in the packaging board segment and continued demand in the writing and printing paper segment.

Varun Beverages hits record high on strong demand for soft drinks

Demand for soft drinks and ice-creams has reportedly touched a five-year high, with the early onset of summer and rise in mobility.

Tech stocks drag Indian shares lower; Infosys hits 8-month low

The NSE Nifty 50 index fell 1.89% to 17,142.50, as of 0445 GMT, while the S&P BSE Sensex slid 2.15% to 57,089.44

Investors' wealth tumbles over Rs 3.39 trillion as markets plunge

The BSE benchmark index tanked 1,291.93 points to 57,047 in morning trade after a weak opening

Tata Power's renewable arm raises Rs 4k cr from BlackRock; stk crashes 7.5%

On Thursday, the Tata group's power unit on Thursday said it was raising Rs 4,000 crore (or $525 million) from a consortium of investors, including BlackRock and Mubadala, to scale up its renewable en

Trading strategies for HDFC Bank, Infosys and ICICI Pru post Q4 results

ICICI Prudential Life Insurance seems to be headed towards the 200-DMA, while Infosys and HDFC Bank need to be monitored closely over the next few trading sessions.

NTPC surges 6% on heavy volumes; stock hits over 2-year high

In the past one month, NTPC has outperformed the market by surging 22 per cent on expectation of strong power demand. In comparison, the benchmark index was down 1.3 per cent.

Indiabulls Real Estate dips 6% after listing of QIP shares

Nearly 86 million equity shares of Rs 2 each allotted to QIBs pursuant to qualified institutional placement (QIP) are listed on the exchange with effect from Monday, April 18, 2022.

Infosys records sharpest intra-day fall in 2 yrs post weak Q4 nos; tanks 9%

Shares of Infosys tanked 9 per cent to Rs 1,592.05 on the BSE in Monday's intra-day trade after the company reported a weak set of numbers for the quarter ended March 2022 (Q4FY22).

Tata Steel up 2% in a weak market on stock split plan; zooms 13% in 3 mths

A stock split is generally undertaken to make the stock more affordable to small retail investors and increase liquidity

Upside seems limited for MCX Gold; Silver may rally past Rs 71,000-level

The MCX Gold futures are likely to face considerable resistance around Rs 53,500-odd levels; MCX Silver futures can test Rs 71,300 on the upside.

Market outlook: What will dictate market trend this week?

The Q4 numbers and rising bond yields kept market sentiments subdued last week. Analysts expect the upcoming trading sessions to be volatile for equities as well because of global headwinds

Stocks to Watch: Infosys, HDFC Bank, Tata Steel, ICICI Life, HUL, RIL, M&M

The Infosys ADR has declined over 9 per cent in the last two trading session in the US market, while our market was shut for trade, post Q4 results.

New SIP registrations surge 88% to 26.6 million in FY22, shows data

In the past year, large-cap funds on average have given returns of 26.45 per cent, while mid-cap and small-cap funds have given returns of 29.5 per cent and 40.4 per cent, respectively

Nearly 70% of 254 PMS schemes outdid Nifty in 12 months, shows data

None of the schemes gave negative returns over a one-year period