Page 1685 - Markets News
Stocks to Watch: RIL, Zomato, M&M, Hindalco, Bharat Forge, MRF, Hero Moto
Apollo Hospitals, Ashok Leyland, Bajaj Hindusthan, Divis Labs, Fortis Healthcare, Glenmark, Godrej Industries, IDFC, India Cements, Jet Airways, PFC, Shree Renuka Sugars, Star Health and Voltas to ann
 "Stocks to Watch: RIL, Zomato, M&M, Hindalco, Bharat Forge, MRF, Hero Moto")
RBI policy gives short-term support to equities and bonds
While the RBI's monetary policy is set to comfort equities and bonds, investors should remain cautious due to huge borrowing starting April 2022, rising global yields and elevated commodity prices
 "RBI policy gives short-term support to equities and bonds")
Recovery in CV cycle, chip supply improvement to support Bosch stock
Margin expansion aided by localisation efforts is another trigger
 "Recovery in CV cycle, chip supply improvement to support Bosch stock")
Stocks individual investors bought and dumped in Q3, shows data
High networth individuals - or those holding shares worth more than Rs 2 lakh - saw their shareholding increase 14 basis points (bps) quarter-on-quarter to 2.26 per cent, according to PRIME Infobase
 "Stocks individual investors bought and dumped in Q3, shows data")
Markets rise on the wings of dovish RBI; Sensex rises 460 points
The Sensex ended the session at 58,926 - a gain of 460 points, or 0.8 per cent. The Nifty, on the other hand, ended the session at 17,606 - up 142 points, or 0.8 per cent.
 "Markets rise on the wings of dovish RBI; Sensex rises 460 points")
Adani Wilmar breaks into Rs 50,000-cr m-cap club; stock up 68% in 3 days
Adani Wilmar was locked at the 20 per cent upper circuit for the second straight day. The market cap of the company stood at Rs 50,201 crore, as per NSE data.
 "Adani Wilmar breaks into Rs 50,000-cr m-cap club; stock up 68% in 3 days")
Analysts bullish on Nykaa's long-term growth despite 59% drop in Q3 profit
Brokerages have ratings ranging from "Overweight" to "Buy", with one brokerage having a "Reduce" call. The highest target price of Rs 2,420 translates in an upside potential of up to 41 per cent
 "Analysts bullish on Nykaa's long-term growth despite 59% drop in Q3 profit")
Nykaa shares down nearly 8% as net profit declines 57% in December quarter
On Wednesday, the firm reported about a 57 per cent decline in consolidated profit after tax (PAT) to Rs 29 crore in the third quarter ended December 31, 2021
Banking stocks end with gains after RBI leaves key lending rate unchanged
The highest gainer was Federal Bank Ltd, which rallied 2.2% to end at Rs 104.4
 "Banking stocks end with gains after RBI leaves key lending rate unchanged")
Mahindra Lifespace rallies 20% on plan to buy land parcel from M&M
M&M said it will not have any impact on the operations of the company as no operations of the Auto and Farm Sectors are carried out on the land being sold.
 "Mahindra Lifespace rallies 20% on plan to buy land parcel from M&M")
BSE gets Sebi's in-principle approval to introduce Electronic Gold Receipt
Sebi, in January, came out with a framework for operationalising the gold exchange, wherein the yellow metal will be traded in the form of EGRs
 "BSE gets Sebi's in-principle approval to introduce Electronic Gold Receipt")
Sensex up 460pts, Nifty tops 17600 on dovish RBI policy; bond yields dip 1%
Repo rate was left unchanged at 4 per cent and the reverse repo rate at 3.35 per cent
 "Sensex up 460pts, Nifty tops 17600 on dovish RBI policy; bond yields dip 1%")
Retail shareholding in NSE-listed companies hits 7.32% in December
According to Primeinfobase.com, an arm of Prime Database Group, retail shareholding in NSE-listed companies touched an all-time high of 7.32 pc in December
Media stocks buzz after NDTV's Q3 nos; Tv18, Saregama can rally up to 25%
Dish Tv too has bounced back from its major support level and can gain up to 8 per cent. Nazara Technologies, however, looks weak.
 "Media stocks buzz after NDTV's Q3 nos; Tv18, Saregama can rally up to 25%")
This Rekha Jhunjhunwala-owned stock has zoomed 65% in last one month
As on December 31, 2021, Rakesh Jhunjhunwala's wife Rekha Rakesh Jhunjhunwala held 25 million or 1.46 per cent stake in the company.
 "This Rekha Jhunjhunwala-owned stock has zoomed 65% in last one month")
RBI Policy impact: Nifty PSU Bank index, SBI can rally up to 12%; BoB 17%
The RBI left key rates - repo and reverse repo unmoved at 4 per cent and 3.35 per cent, respectively.
 "RBI Policy impact: Nifty PSU Bank index, SBI can rally up to 12%; BoB 17%")
RBI policy calms bond, equity markets. How analysts interpret the decision
The RBI's dovish stance has also provided comfort to the unnerved bond and equity markets.
 "RBI policy calms bond, equity markets. How analysts interpret the decision")
Policy impact: Rate-sensitive shares gain as RBI keeps key rates unchanged
At 10:31 am; Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Realty indices were up 1 per cent, against a 0.5 per cent gain in the benchmark Nifty50 index
 "Policy impact: Rate-sensitive shares gain as RBI keeps key rates unchanged")
Implementing Sebi's ESG framework tough for Indian companies: Rating agency
The government's clean energy push has prompted the regulator to roll out a series of rules for the country's top 1,000 listed companies
 "Implementing Sebi's ESG framework tough for Indian companies: Rating agency")
NDTV surges 18% on posting highest-ever net profit in nine years in Q3
Based on the current business plan and projections prepared by the management, the Company expects further growth in operations
 "NDTV surges 18% on posting highest-ever net profit in nine years in Q3")