Page 1710 - Markets News

Markets rally as US Fed expands balance sheet; $31 bn added in last 2 weeks

Historically, there has been a high positive correlation between the changes in the US Federal balance sheet and the changes in the Indian equity markets

Indices close week with gains of 2.5%; Asian Paints falls 2.6%

The indices had gained this week amidst optimism surrounding early quarterly earnings announcements of some companies

Aided by mid-, small-cap rally, 80% of PMS schemes beat Nifty in 2021

They generated average returns of 40%, against the Nifty's 24%

Market wrap: Sensex stages smart recovery, ends 12 pts down; Nifty holds 18,250

Mindtree dips 4% on profit booking after December quarter results; Aurobindo Pharma ends 5% down on US FDA warning letter for unit; India Cements gains 4%; hits highest level since January 2008

Paytm shares rebound after hitting all-time low, settles up 8.2%

Shares of One97 Communications-owned Paytm rebounded on Friday after a sharp fall in the past few sessions.

Rupee slumps 25 paise to close at 74.15 against dollar over muted equities

The rupee on Friday slumped 25 paise to close at 74.15 (provisional) against the US dollar, as muted domestic equities and elevated crude oil prices weighed on investor sentiments.

Indian Gen Z and millennials keen on investing in silver versus gold

A survey taken of over 5,000 respondents from across all major Indian cities revealed 45% of Gen Z and Millennials would like to invest in silver jewellery especially gold-plated silver jewellery.

Sensex ends 466pts off low, down 12pts; Nifty holds 18,250; IT stocks shine

TCS, Infosys, L&T, Tech M, and HDFC Bank were the top gainers on the Sensex today.

Stock of this smallcap state-owned mining firm has zoomed 44% in one week

In the past one week, the stock has zoomed 44 per cent, on expectation of improvement of company's performance, primarily due to the price hikes taken in the lignite division.

HDFC Bank Q3: Analysts see up to 17% YoY jump in profit; NIM may contract

Overall, analysts expect NIMs to be around 4.11-4.20 per cent. In Q3FY21, NIM was 4.2 per cent, and it was 4.10 per cent in Q2FY22.

Metals poised for a rally, suggest charts; JSPL, Tata Steel are top picks

A Double Bottom breakout on metal index indicates an upside towards 6,300-level, which is 7% higher from current levels.

Mindtree dips 6% on profit booking post December quarter results

As the key positives are already captured, brokerage firm Motilal Oswal Financial Services sees limited upside for the stock hereafter.

Here's why Anand Rathi recommends buying Rain Industries, Route Mobile

Mehul Kothari of Anand Rathi is bullish on Rain Industries and Route Mobile.

Stocks to Watch: Mindtree, HCL Tech, BPCL, Ujjivan SFB, HDFC Bk, Adani grp

HCL Technologies is scheduled to announce Q3 results on Friday, while HDFC Bank will report numbers on Saturday. Adani group stocks may be in focus on the back of MoU with POSCO.

India may see more de-rating if growth expectations reduce: Saion Mukherjee

Rising interest rates will have a negative impact on equity markets, as this is being driven by inflationary pressures, higher deficit and not so much from growth, says Mukherjee

MFs pump in Rs 3,400 crore in fresh issuances in December, shows data

Among existing holdings, major additions were seen in ICICI Bank, Wipro, Infosys, and HDFC Bank.

SIP registrations in FY22 already at five-year high, shows data

19.5 mn new SIPs registered till December-end vs 14.1 mn in the whole of last year

Equity-oriented funds drive MF assets to record high in 2021: Report

Driven by a surge in inflows into equity-oriented funds, assets under management of mutual funds surged to a record high of Rs 37.73 trn in 2021, up 22% from that in the previous year

Mcap of BSE-listed firms at all-time high of Rs 278 trn as markets rally on

In five days, the benchmark index has gained 1,633.46 points

Titan, Kalyan Jewellers: 5 jewellery related shares to bet ahead of Q3 nos

Jewellery stocks are likely to shine in coming months on the back of likely strong Q3 performance owing to the festive demand