Page 1635 - Markets News
Over half of Nifty500 stocks trade above 200-DMA; analysts see more upside
Nifty 50 is back to 18,000, still half of Nifty 500 stocks trade below 200-DMA
 "Over half of Nifty500 stocks trade above 200-DMA; analysts see more upside")
Markets snap a two-session rally; HFDC twins slip on profit booking
Equity benchmarks took a knock on Tuesday after two days of sharp upmoves as investors pocketed gains in banking and financial stocks after their recent rally
 "Markets snap a two-session rally; HFDC twins slip on profit booking")
HDFC-HDFC Bank merger: Brokerages see return ratios improving by FY25-26
Analysts think there are multiple challenges such as impact of SLR/CRR/PSL compliance cost; the RBI's aversion to banks holding considerable stakes in para-banking businesses
 "HDFC-HDFC Bank merger: Brokerages see return ratios improving by FY25-26")
HDFC twins' stocks see heavy selling pressure; settle nearly 3% down
At the end of Tuesday's trading session, market capitalisation of HDFC stood at Rs 4,75,375.07 crore, down from Rs 4,85,691.18 crore on Monday
 "HDFC twins' stocks see heavy selling pressure; settle nearly 3% down")
Indian rupee surges 25 paise to close at 75.28 against US dollar
On Monday, the rupee started the financial year 2022-23 on a bullish note, spurting 21 paise to close at a one month-high of 75.53
 "Indian rupee surges 25 paise to close at 75.28 against US dollar")
Sebi invites application to hire digital forensic services provider
The agency will be responsible for the detection, acquisition and analysis of data sourced from cloud networks and carry out such analysis as required by investigating officers using forensic tools
 "Sebi invites application to hire digital forensic services provider")
Sensex ends near day's low, dips 435pts; Nifty below 18K; HDFC Bank down 3%
CLOSING BELL: Mixed global cues, rising bond yields globally, and an uptick in oil prices also dented the sentiment
 "Sensex ends near day's low, dips 435pts; Nifty below 18K; HDFC Bank down 3%")
Adani Group shares at lifetime highs; Adani Power zooms 92% in one month
Adani Wilmar has surged 61% in the last one month; Adani Total Gas and Adani Enterprises rallied 35 per cent and 33 per cent, respectively.
 "Adani Group shares at lifetime highs; Adani Power zooms 92% in one month")
TCS gains 2% to hit 10-week high; stock nears all-time high
The company is scheduled to meet on Monday, April 11, 2022 to consider financial results for the quarter and full year ending March 31, 2022.
 "TCS gains 2% to hit 10-week high; stock nears all-time high")
Zomato falls 5% on reports of CCI probe against unfair business practices
In the past three months, Zomato has underperformed the market by falling nearly 40 per cent, as compared to a 0.4 per cent rise on the S&P BSE Sensex.
 "Zomato falls 5% on reports of CCI probe against unfair business practices")
Easy Trip Planners hits record high on heavy vols; stock up 20% in 2 days
The management asserts that strong demand uptick will bolster the travel industry.
 "Easy Trip Planners hits record high on heavy vols; stock up 20% in 2 days")
Tata Motors extends gain on healthy volumes in March
With government's thrust on infrastructure, private capex cycle revival and need for personal mobility, analysts expect PV and CV space, in particular, to witness healthy pick-up in sales volume
 "Tata Motors extends gain on healthy volumes in March")
Rupee trades in narrow range against US dollar in early trade
The rupee started on a flat note on Tuesday tracking the strength of the dollar in the overseas market and elevated crude oil prices.
Bond yield surge threat is only agenda for traders from RBI policy
The Reserve Bank of India faces the challenge of keeping bond yields in check as the government kicks off an unprecedented 14.31 trillion rupees ($190 billion) of annual borrowing in April.
 "Bond yield surge threat is only agenda for traders from RBI policy")
SBI Cards dips 5% as over 3% equity change hands via block deals on NSE
Around 31.9 million equity shares representing 3.37 per cent equity of SBI Cards changed hands on the NSE in the first 10 minutes of trade, NSE data shows.
 "SBI Cards dips 5% as over 3% equity change hands via block deals on NSE")
What does the HDFC-HDFC Bank merger mean for shareholders?
While the merger of HDFC twins will increase the bank's product portfolio and ability to cross-sell, there are financial and regulatory concerns that investors should know. Find out in this report
Here's why Mehul Kothari recommends buying L&T Infotech, Symphony
According to the technical analyst from Anand Rathi, Symphony may give decent gains in the coming 3 to 4 weeks.
 "Here's why Mehul Kothari recommends buying L&T Infotech, Symphony")
India Inc likely to see robust Q4 nos despite input cost pressure: Analysts
The next two quarters, according to analysts at Motilal Oswal Securities, are likely to see a sharp margin impact and corporate commentaries will worsen before they get better
 "India Inc likely to see robust Q4 nos despite input cost pressure: Analysts")
Stocks to Watch: Zomato, Vedanta, SBI Cards, Vodafone, RIL, MOIL, BEML
Reliance will be eyed as it has received NCLT's approval for scheme of amalgamation of the company and Reliance Syngas.
If your fund has beaten tier-II benchmark, just don't exit: Analysts
Stick to it, even if it lags its tier-I benchmark and category average
 "If your fund has beaten tier-II benchmark, just don't exit: Analysts")