Page 1711 - Markets News
Brent tests $85: Invest in these stocks to benefit from surging oil prices
Stocks like HOEC, HPCL, ONGC and Pidilite can rally up to 10 per cent in the near term.
 "Brent tests $85: Invest in these stocks to benefit from surging oil prices")
Sell dollar for everything else is echoing across world trading rooms
A growing chorus of investors is betting the world's reserve currency has reached a peak in a dramatic turnaround from a month ago.
 "Sell dollar for everything else is echoing across world trading rooms")
Pricol soars 13%, hits all-time high on healthy business prospects
Rating agency ICRA said that its reaffirmation in ratings takes into account Pricol's strong revenue and margin growth in FY2021 and H1 FY2022.
 "Pricol soars 13%, hits all-time high on healthy business prospects")
HCL Tech Q3: Analysts see up to 6% QoQ growth in profit; margins may expand
The median forecast of seven brokerages pegs growth in HCL Tech's Q3 consolidated net profit at 3.4 per cent on a quarter-on-quarter (QoQ) basis, at around Rs 3,350-3,400 crore.
 "HCL Tech Q3: Analysts see up to 6% QoQ growth in profit; margins may expand")
Sun Pharma gains 4% on earnings optimism, stock scales a 5-year high
The better traction in the specialty segment and improvement in domestic business to drive the margin expansion in Q3.
 "Sun Pharma gains 4% on earnings optimism, stock scales a 5-year high")
Q3 earnings impact: Infy, TCS can rally up to 10%, Wipro may weaken further
TCS is heading towards Rs 4,200 followed by Infosys, which is moving in the direction of Rs 2,100
 "Q3 earnings impact: Infy, TCS can rally up to 10%, Wipro may weaken further")
Paytm shares down for eighth straight day; slide 51% against issue price
The company stood at 77th position in the overall market cap ranking, the BSE data showed.
 "Paytm shares down for eighth straight day; slide 51% against issue price")
Larsen & Toubro hits new all-time high on winning 2 mega offshore contracts
A consortium led by L&T Hydrocarbon Engineering has secured mega contracts for two offshore packages from a prestigious overseas client.
 "Larsen & Toubro hits new all-time high on winning 2 mega offshore contracts")
Wipro slips 5% as Q3 earnings fail to meet market expecatations
IT services EBIT margin declined 60 bps QoQ to 17.1 per cent vs. 17.7 per cent last quarter.
 "Wipro slips 5% as Q3 earnings fail to meet market expecatations")
Stocks to Watch: Infosys, TCS, Wipro, EaseMyTrip, Dixon, RITES, Voda Idea
The three IT majors - Infosys, TCS and Wipro shall react to the Q3 earnings reported on Wednesday after market hours this morning.
 "Stocks to Watch: Infosys, TCS, Wipro, EaseMyTrip, Dixon, RITES, Voda Idea")
How Voda Idea & TTML can stage a turnaround post debt conversion
Equity dilution and discounted price of debt conversion has worried investors of Vodafone Idea and Tata Teleservices. Are these concerns warranted? How can they survive post conversion? Let's find out
 "How Voda Idea & TTML can stage a turnaround post debt conversion")
Dozen IPOs likely to raise Rs 16,000 crore in March quarter
Emcure Pharmaceuticals, ESDS Software Solutions, AGS Transact Technologies, Waaree Energies, Hexagon Nutrition, and Ixigo are among the companies that could launch their issues this quarter
 "Dozen IPOs likely to raise Rs 16,000 crore in March quarter")
Fund houses bet on domestic manufacturing sector: Market experts
Market players say the theme allows investors the opportunity to participate in potential emerging segments like electric vehicles, electronics, battery tech, defence among others
 "Fund houses bet on domestic manufacturing sector: Market experts")
After FATF, Mauritius exits European Union tax blacklist
FATF is an intergovernmental body that aims to combat money laundering and terrorism financing
 "After FATF, Mauritius exits European Union tax blacklist")
Bulls take charge: Sensex reclaims 61K mark for first time in 2 months
Investors were enthused after the US Federal Reserve (Fed) Chair Jerome Powell's statement to the US Congress did not throw up surprises
 "Bulls take charge: Sensex reclaims 61K mark for first time in 2 months")
High commodity prices may have dented Q3 profitability of capital goods cos
In terms of order inflows, the sector is expected to have witnessed weakness in the period under review
 "High commodity prices may have dented Q3 profitability of capital goods cos")
Market wrap: Sensex ends 533 pts up; Nifty above 18,200 led by RIL, Infosys
Realty index surges over 3%; Wipro reports Q3 net profit flat at Rs 2,969 cr, declares interim dividend of Re 1; Infosys Q3 PAT rises 12% to Rs 5,809 cr, raises FY22 revenue guidance
 "Market wrap: Sensex ends 533 pts up; Nifty above 18,200 led by RIL, Infosys")
Sebi bans Billionaire Solutions, proprietor for unauthorised services
Sebi on Wednesday barred Billionaire Solutions and its sole proprietor Akash Jaiswal from the capital markets for two years for providing unauthorised investment advisory services
 "Sebi bans Billionaire Solutions, proprietor for unauthorised services")
Markets rally: Mcap of BSE-listed firms touch record high of Rs 277.22 trn
The market capitalisation of BSE-listed companies reached another fresh record on Wednesday, rallying to a lifetime high of over Rs 277.22 trillion
 "Markets rally: Mcap of BSE-listed firms touch record high of Rs 277.22 trn")
Growing credit demand in Q3 indicates revival of pvt capex cycle: Report
Credit growth has turned buoyant in the third quarter of this fiscal by a wide margin at Rs 3.5 trillion as against a steep Rs 2.2 trillion decline in deposits
 "Growing credit demand in Q3 indicates revival of pvt capex cycle: Report")