Page 1712 - Markets News
Sensex jumps 533pts; Nifty ends above 18,200 led by RIL, Infy, Airtel
The BSE Midcap and Smallcap indices gained 1 per cent and 0.7 per cent, respectively. Telecom stocks logged smart gains after telcos pitched for 90-95 per cent cut in 5G spectrum auction prices
 "Sensex jumps 533pts; Nifty ends above 18,200 led by RIL, Infy, Airtel")
DMart slips 8%, hits over 3-month low; down 12% in 3 days post Q3 results
The management indicated that it continues to monitor the current situation, wherein the trend in sales and footfall will depend on any local pandemic related restriction on trade activities.
 "DMart slips 8%, hits over 3-month low; down 12% in 3 days post Q3 results")
Goldiam International soars 16% on stock split plan; gains 350% in one year
The company said its board will meet on February 8 to consider the proposal for sub-division/split of company's equity shares of face value of Rs 10 each.
 "Goldiam International soars 16% on stock split plan; gains 350% in one year")
Vodafone Idea gains 14% on heavy volumes after crashing 21% a day before
On Tuesday, the stock of the telecom services provider had tanked 21 per cent to Rs 11.80 after the company said it agreed to convert interest on deferred statutory dues into equity.
 "Vodafone Idea gains 14% on heavy volumes after crashing 21% a day before")
SBI can rally to a new high, charts show; Canara Bank, J&K have 8% upside
The Nifty PSU Bank index needs to cross 2,850 to indicate further strength
 "SBI can rally to a new high, charts show; Canara Bank, J&K have 8% upside")
Adani Green rallies to a new high, up 16% in 2 days on robust Q3 sales
The stock of the renewable energy arm of the diversified Adani Group quoted higher for the ninth straight trading session, and has gained 27 per cent during the same period.
 "Adani Green rallies to a new high, up 16% in 2 days on robust Q3 sales")
Steel Exchange India up 5% on FPI buying, stock price doubles in one month
On Tuesday, January 11, 2022, Societe Generale acquired 500,000 equity shares representing 0.57 per cent stake in SEIL at Rs 226.02 per share via bulk deal on the NSE.
 "Steel Exchange India up 5% on FPI buying, stock price doubles in one month")
DLF gains 4% on reporting sales worth Rs 1,500 cr from its new project
DLF said it has clocked sales worth approximately Rs 1500 crore for towers in the first phase of the newly launched luxury residential project, ONE Midtown in West Delhi
 "DLF gains 4% on reporting sales worth Rs 1,500 cr from its new project")
TTML hits 5% lower circuit as telco opts for equity conversion on govt dues
The average price of the company's shares as per the calculation method provided in the DoT Communication works out to be around Rs 41.50 per share, subject to final confirmation by the DoT.
 "TTML hits 5% lower circuit as telco opts for equity conversion on govt dues")
Here's why HDFC Securities recommends buying VRL Logistics, Natco Pharma
Logistics stocks have been showing strength on the medium term charts, according to Vinay Rajani of HDFC Securities.
Stocks to Watch: Infosys, TCS, Wipro, HUL, SpiceJet, Delta Corp, telcos
The three IT majors are scheduled to report Q3 earnings on Wednesday.
 "Stocks to Watch: Infosys, TCS, Wipro, HUL, SpiceJet, Delta Corp, telcos")
Infosys, TCS & Wipro Q3 results; trading strategy for Vodafone Idea
The third quarter is generally a low season for Indian IT companies due to furloughs in its markets. What factors will guide the markets today and how should you trade Voda Idea? This report answers
 "Infosys, TCS & Wipro Q3 results; trading strategy for Vodafone Idea")
Select a credit risk fund that avoided mishap in recent past: Analysts
Given their high-risk nature, take limited exposure in your satellite portfolio
 "Select a credit risk fund that avoided mishap in recent past: Analysts")
Indices extend winning streak, gains subdued; Sensex rises 221 points
The benchmark Sensex ended the session at 60,617 - a gain of 221 points, or 0.4 per cent
 "Indices extend winning streak, gains subdued; Sensex rises 221 points")
Oil gains before US stockpiles data as China tackles Omicron variant
West Texas Intermediate (WTI) added 0.9 per cent after capping a two-day drop
 "Oil gains before US stockpiles data as China tackles Omicron variant")
Beating high expectations critical for further gains in midcap IT stocks
While the overall growth outlook is positive, there are headwinds for margins and valuations are at premium to large-cap IT firms
 "Beating high expectations critical for further gains in midcap IT stocks")
New wolves of D-Street: Cheap data, millennials push up mobile trading
Easy onboarding, according to experts, is the most significant factor responsible for the rise in mobile trading
 "New wolves of D-Street: Cheap data, millennials push up mobile trading")
Assets of passive funds surge 60% to Rs 4.7 trillion in 2021, shows data
The passive schemes include index funds, exchange-traded funds (ETFs), and fund of funds (FoFs) investing overseas
 "Assets of passive funds surge 60% to Rs 4.7 trillion in 2021, shows data")
Demand by pressure groups for suspension of cotton futures irrational: MCX
MCX said pressure groups in the value chain of the cotton industry are making "irrational" demand for suspension of futures trade in cotton on its platform
 "Demand by pressure groups for suspension of cotton futures irrational: MCX")
Market gains likely to be muted in 2022; 9% upside for Nifty by Dec: Report
Dalal Street may not sustain the record run it had from the middle of 2020 as the new year will see bouts of corrections leading to tepid gains given the many downside risks to a sustained rally
 "Market gains likely to be muted in 2022; 9% upside for Nifty by Dec: Report")