Page 1683 - Markets News
Metropolis Healthcare plunges 23% in two days on disappointing Q3 results
In Q4FY22, the company expects better profitability on account of higher QoQ volumes from large government contract and benefits of investments in digitization and marketing.
 "Metropolis Healthcare plunges 23% in two days on disappointing Q3 results")
Infosys, Tech M: Tech charts suggest its time to bottom fish IT stocks
The NSE IT index has been moving in a tight range, a breakout in either direcion can trigger a 2,000 points movement.
 "Infosys, Tech M: Tech charts suggest its time to bottom fish IT stocks")
Eicher Motors surges 6% post December quarter results
The company's management is optimistic that supply chain constraints will gradually ease out over the next two quarters and production to stabilise over time.
 "Eicher Motors surges 6% post December quarter results")
Gold prices hits 8-month high as Russia-Ukraine tensions boost appeal
Spot gold was up 0.4% at $1,877.96 per ounce, as of 0639 GMT, after hitting its highest level since June 11 at $1,879.48 earlier. U.S. gold futures rose 0.6% to $1,880.20
 "Gold prices hits 8-month high as Russia-Ukraine tensions boost appeal")
Paytm, Zomato, Nykaa: Here's why you should avoid these new-age stocks
Paytm has dropped 40 per cent on a YTD basis, and Zomato seems to be revisiting its IPO issue price amid market sell-off
 "Paytm, Zomato, Nykaa: Here's why you should avoid these new-age stocks")
Rossari Biotech tanks 20%, hits 52-week low post December quarter results
The management said raw material volatility has impacted profitability performance during the quarter
 "Rossari Biotech tanks 20%, hits 52-week low post December quarter results")
Nykaa's institutional investors against giving more rights to promoters
Nykaa has passed a resolution to amend its Articles of Association that allow promoters to nominate one-third of directors and the chairperson
 "Nykaa's institutional investors against giving more rights to promoters")
Stocks to Watch: Adani Wilmar, Grasim, Dish Tv, Coal India, Ashok Leyland
Adani Group stocks may be in limelight after both Adani Enterprises and Adani Wilmar reported earnings for the December quarter.
 "Stocks to Watch: Adani Wilmar, Grasim, Dish Tv, Coal India, Ashok Leyland")
India 10-year bond erases all losses since budget, yield down 5 bps
India's retail inflation is now over the upper limit of the Reserve Bank of India's tolerance band, accelerating to a seven-month high just above 6% in January
 "India 10-year bond erases all losses since budget, yield down 5 bps")
Cipla slips 5% as 2.5% equity changes hands on the BSE
According to the disclosure made by the company, Y K Hamied, Chairman, and MK Hamied, Vice Chairman, sold 2,01,69,756 shares, representing 2.5 per cent of the total capital
 "Cipla slips 5% as 2.5% equity changes hands on the BSE")
Manappuram Finance slips 10%, hits 52-week low on weak Q3 results
The company reported 46 per cent year-on-year drop in its consolidated net profit at Rs 261 crore in December quarter (Q3FY22)
 "Manappuram Finance slips 10%, hits 52-week low on weak Q3 results")
What is making FIIs nervous in emerging markets?
FIIs have been on a selling spree across most emerging markets, including India. What's making them nervous? Will the trend reverse? Find out how FIIs are viewing India as an investment destination
 "What is making FIIs nervous in emerging markets?")
Indices slump 3% as fears on Ukraine grow; India VIX index jumps 23%
Economists warned that US sanctions on Russia would have a severe impact on food, energy and metal prices
 "Indices slump 3% as fears on Ukraine grow; India VIX index jumps 23%")
Oil hits $95: Buy paint, tyre stocks on dips, avoid aviation, say analysts
Oil prices climbed towards their highest levels in more than seven years on Monday on fears that a possible invasion of Ukraine by Russia could trigger sanctions (on the latter) from US and Europe
 "Oil hits $95: Buy paint, tyre stocks on dips, avoid aviation, say analysts")
Rising oil and gas prices can lead to greater gains in ONGC stock
Demand and pricing environment remains positive; any reversal in energy prices could hurt sentiment
 "Rising oil and gas prices can lead to greater gains in ONGC stock")
HDFC Bank, ACC, Tata Steel: Over half of NSE 500 stocks slip below 200-DMA
To better understand the market direction in the days ahead, traders and investors consider the 200-DMA as a more reliable average than its peers 50-DMA and 100-DMA.
 "HDFC Bank, ACC, Tata Steel: Over half of NSE 500 stocks slip below 200-DMA")
FII flow into Indian equities may pick up in later part of 2022: Analysts
FIIs have been on a selling spree across most EMs, including India where they have sold over $11 billion worth of equities since October 2021 when they started to unwind their position here
 "FII flow into Indian equities may pick up in later part of 2022: Analysts")
Oil eases as Ukraine hints at concessions to Russia
U.S. West Texas Intermediate (WTI) crude dropped $1.10, or 1.17%, to $92.77 a barrel, after hovering near a session-high of $94.94, the loftiest since September 2014
 "Oil eases as Ukraine hints at concessions to Russia")
Sebi cancels registration of 4 stock brokers, 11 depository participants
Markets regulator Sebi cancelled the registration of four stock brokers and 11 depository participants, including Karvy Stock Broking and Anugrah Stock & Broking.
 "Sebi cancels registration of 4 stock brokers, 11 depository participants")
Investors' wealth tumbles by over Rs 8.47 trn amid global sell-off
The domestic market remained in the red for the second straight session after witnessing a massive sell-off on Friday
 "Investors' wealth tumbles by over Rs 8.47 trn amid global sell-off")