Page 1709 - Markets News
 "Gold stalls after rally to two-month highs, palladium extends gains")
Market wrap: Sensex falls for a 3rd day, sheds 634 pts; Nifty holds 17,750
PTC India slumps 18% after 3 independent directors quit; SBI Card hits 52-week low; Mastek tumbles 11% on muted Q3 numbers; AGS Transact Technologies IPO subscribed 1.4 times on day 2
Investors' wealth plummets over Rs 6.8 trn in 3 days of market fall
Sector-wise, BSE IT, energy, healthcare and FMCG shed as much as 1.69% on Thursday, while power, utilities, metal and realty posted gains
 "Investors' wealth plummets over Rs 6.8 trn in 3 days of market fall")
Market wrap: Sensex falls for a 3rd day, sheds 634 pts; Nifty holds 17,750
PTC India slumps 18% after 3 independent directors quit; SBI Card hits 52-week low; Mastek tumbles 11% on muted Q3 numbers; AGS Transact Technologies IPO subscribed 1.4 times on day 2
 "Market wrap: Sensex falls for a 3rd day, sheds 634 pts; Nifty holds 17,750")
Rupee slips 7 paise to close at 74.51 against dollar on weak market trend
The rupee on Thursday slipped 7 paise to close at 74.51 (provisional) against the US dollar, tracking a lacklustre trend in the domestic equity market.
 "Rupee slips 7 paise to close at 74.51 against dollar on weak market trend")
Sensex falls 1,800 points in 3 days. Here's what is spooking the markets?
The BSE Sensex has shed 1,844 points from Monday's close ending at 59,464 level today, way below the 60K-mark.
 "Sensex falls 1,800 points in 3 days. Here's what is spooking the markets?")
Sensex falls for 3rd straight day, sheds 634 pts; Nifty holds 17,750
Analysts, however, expect markets to recover from here on as they have reached their key support zones.
 "Sensex falls for 3rd straight day, sheds 634 pts; Nifty holds 17,750")
Bharti Airtel, L&T, M&M among top trading bets ahead of Budget 2022
Major stocks have broken out on upside, any trigger in Budget 2022 could see sharp up move
 "Bharti Airtel, L&T, M&M among top trading bets ahead of Budget 2022")
Budget 2022, LIC IPO update can spark up to 11% rally in insurance stocks
Shares of the major private insurers, HDFC Life and ICICI Prudential are seen testing key support levels currently.
 "Budget 2022, LIC IPO update can spark up to 11% rally in insurance stocks")
Mastek tumbles 15% on muted numbers for the December quarter
Despite a 25% correction from its 52-week high level, Mastek has outperformed the market in the past one year by surging 147 per cent, as against a 20 per cent rise in the Sensex.
 "Mastek tumbles 15% on muted numbers for the December quarter")
Exotic forex derivatives set for India in RBI push to deepen markets
The return of exotic forex derivatives as well as the introduction of swaptions are part of efforts to give corporates more risk-management options as India's global trade integration expands
 "Exotic forex derivatives set for India in RBI push to deepen markets")
This Ashish Dhawan-owned stock has zoomed 50% in four days
Share of HSIL hit a new high of Rs 350.20, zooming 50 per cent in four days on the BSE after the company announced divesting its building products division for Rs 630 crore.
 "This Ashish Dhawan-owned stock has zoomed 50% in four days")
PTC India Financial slumps 19% on resignation of 3 independent directors
Three independent directors of the NBFC have resigned from the board with immediate effect citing instances of alleged serious lapses in corporate governance and compliance.
 "PTC India Financial slumps 19% on resignation of 3 independent directors")
Ceat skids 7%, hits 52-week low on Q3 loss; tyre stocks on slippery ground
The management said the company is witnessing muted demand in the replacement segment due to tepid consumer sentiment, higher fuel prices and a softer uptick in India's rural markets.
 "Ceat skids 7%, hits 52-week low on Q3 loss; tyre stocks on slippery ground")
Stocks to Watch: HUL, Bajaj Auto, Mastek, Ceat, OFSS, SBI, M&M, RBL Bank
Asian Paints, Bajaj Finserv, Bajaj Holdings, Biocon, Century Textiles, Havells India, Hindustan Unilever, Bank of Maharashtra, MphasiS, Persistent Systems and Shoppers Stop to announce results today.
 "Stocks to Watch: HUL, Bajaj Auto, Mastek, Ceat, OFSS, SBI, M&M, RBL Bank")
What will drive RIL's Q3 earnings?
After two straight days of bear hammering, equity markets may stabilize today. A sharp move on either side could be triggered by the earnings report card of index heavyweight Reliance Industries
 "What will drive RIL's Q3 earnings?")
Compare builder agreement with your state's model deal: Analysts
Beware of broad definitions of force majeure clause
 "Compare builder agreement with your state's model deal: Analysts")
Overseas investment cap for domestic mutual funds may be doubled
Sebi may raise the industry-wide limit from $7 bn to $12-15 bn
 "Overseas investment cap for domestic mutual funds may be doubled")
Paytm slips 5% to hit new low; falls 26% in past three weeks
In the past three weeks, the stock price of Paytm has slipped 26 per cent, whereas it has declined 54 per cent against the issue price of Rs 2,150.
 "Paytm slips 5% to hit new low; falls 26% in past three weeks")
Adani Green zooms 50% in 14 trading days, market cap crosses Rs 3-trn mark
In the past seven trading sessions, the stock has rallied 36 per cent after the company announced a provisional operational update for Q3