Page 1686 - Markets News
Oil prices fall on positive signals from talks between US, Iran
Brent crude was down 23 cents, or 0.25 percent, at $93.04 by 9.45 isT, having earlier touched its highest since October 2014 at $96
 "Oil prices fall on positive signals from talks between US, Iran")
Tata Elxsi, Tube Investments seen gaining from FTSE indices rejig
According to an analysis done by IIFL Alternative Research, 15 companies are set to migrate from FTSE All-Cap index to FTSE All-World
 "Tata Elxsi, Tube Investments seen gaining from FTSE indices rejig")
Expensive valuation likely to keep Siemens stock under pressure
December quarter was mixed with steady revenue, but margins were a miss
 "Expensive valuation likely to keep Siemens stock under pressure")
IndiGo soars 10% post Q3 nos; analysts upgrade stock, see up to 38% upside
IndiGo swung back into profit, posting a PAT of Rs 129.79 crore in the December quarter, after registering seven consecutive quarters of loss
 "IndiGo soars 10% post Q3 nos; analysts upgrade stock, see up to 38% upside")
Equity investors lose over Rs 5.82 trillion in three consecutive sessions
Feeble global cues, foreign fund outflows and concerns over policy tightening by central banks have led to the selling pressure, experts said
 "Equity investors lose over Rs 5.82 trillion in three consecutive sessions")
Paytm: Foreign brokerages divided on road ahead for the stock
While those at Goldman Sachs have upgraded the stock to buy with a target price of Rs 1,460, analysts at Macquarie maintain an underperform rating with a 12-month target price of Rs 700 on the counter
 "Paytm: Foreign brokerages divided on road ahead for the stock")
Retail investors take a step back on higher market volatility
Institutional share of trading turnover has been rising as markets fell from highs
 "Retail investors take a step back on higher market volatility")
Markets are not fully pricing in headwinds; can fall more: Analysts
If the oil prices rise up to $105 - $110 per barrel, a 10 per cent fall in the Sensex and Nifty is possible, say analysts
 "Markets are not fully pricing in headwinds; can fall more: Analysts")
Analysts see up to 41% upside in SBI, BoB; credit growth to be key driver
Shares of State Bank of India (SBI) and Bank of Baroda (BoB) jumped 3 per cent and 9.7 per cent, respectively, in intra-day trade on Monday, and hit fresh record highs of Rs 547 and Rs 117 apiece
 "Analysts see up to 41% upside in SBI, BoB; credit growth to be key driver")
Rate hike fears, crude oil prices spook D-Street; Sensex slips 1,024 pts
The domestic market has not just given up all post-Budget gains but also slipped into negative territory for the year
 "Rate hike fears, crude oil prices spook D-Street; Sensex slips 1,024 pts")
Market wrap: Sensex dips 1,024 pts on weak sentiment; Nifty holds 17,200
Nifty PSU Bank index outperforms benchmarks; SBI hits record high; IndiGo soars 10% on strong rebound in Q3 bottom line; Vedant Fashions IPO sees 20% subscription on day 2
 "Market wrap: Sensex dips 1,024 pts on weak sentiment; Nifty holds 17,200")
MFIs' assets under management likely to grow at 18-22% in FY2023: Report
ICRA on Monday revised downwards the FY2022 growth outlook for assets under management (AUM) of NBFC-MFIs to 12-14 per cent but expects it to improve to 18-22 per cent in the financial year 2022-23.
 "MFIs' assets under management likely to grow at 18-22% in FY2023: Report")
Sensex dips 1,024 pts amid rising oil price, FII selling; Nifty holds 17200
FIIs' favorite names and heavyweights like HDFC twins, ICICI Bank, Infosys, Kotak Bank, and Reliance Industries saw sharp cuts
 "Sensex dips 1,024 pts amid rising oil price, FII selling; Nifty holds 17200")
Sensex tanks over 1,000 points today: What is dampening equity markets?
The high spirits on the budget were short-lived as the global concerns have began weighing on equities.
 "Sensex tanks over 1,000 points today: What is dampening equity markets?")
Sebi comes out with new disclosure format for abridged prospectus
Under the rules, every application form for the purchase of any securities of a company needs to be accompanied by an abridged prospectus
 "Sebi comes out with new disclosure format for abridged prospectus")
HDFC Group shares falter: HDFC at 6-month low; HDFC Life hits 52-week low
HDFC, HDFC Bank, HDFC AMC and HDFC Life were underperforming the market by falling in the range of 3 per cent to 4 per as against a 1.7 per ent decline in the S&P BSE Sensex.
 "HDFC Group shares falter: HDFC at 6-month low; HDFC Life hits 52-week low")
DB Realty rebounds, freezes at 5% upper circuit; gains 181% in seven weeks
The company's board is scheduled to meet on Wednesday, February 9, 2022 to discuss and consider the proposal for raising of funds.
 "DB Realty rebounds, freezes at 5% upper circuit; gains 181% in seven weeks")
Nifty PSU Bank index soars 5%; SBI hits record high, up 3%; BOB zooms 10%
The Nifty PSU Bank index climbed to a fresh two-year high even as the NSE benchmark slipped a per cent.
 "Nifty PSU Bank index soars 5%; SBI hits record high, up 3%; BOB zooms 10%")
SBI, Tata Steel, IndiGo: Key levels to watch on these stocks post Q3 nos
Shares of Bank of Baroda can jump 15% as it claimed a new 52-week high
 "SBI, Tata Steel, IndiGo: Key levels to watch on these stocks post Q3 nos")
Lupin slips 9% in two days, hits 52-week low on disappointing Q3 results
In the past six months, the stock has shed nearly 30 per cent, as compared to a 7 per cent rise in the S&P BSE Sensex.
 "Lupin slips 9% in two days, hits 52-week low on disappointing Q3 results")