Page 1716 - Markets News
2022: On first trading day, investors' wealth jump over Rs 3.49 trn
Bajaj FinServ emerged as the biggest gainer among the 30-share frontline companies pack, followed by Bajaj Finance, ICICI Bank, Tata Steel and IndusInd Bank
 "2022: On first trading day, investors' wealth jump over Rs 3.49 trn")
Sebi tweaks exercise mechanism of options on commodity futures
Under mechanism, Sebi said All In the Money option contracts will be exercised automatically, unless 'contrary instruction' has been given by long position holders of such contracts for not doing so
 "Sebi tweaks exercise mechanism of options on commodity futures")
SBI Mutual Fund launches CPSE Bond Plus SDL index fund
The scheme seeks to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error
 "SBI Mutual Fund launches CPSE Bond Plus SDL index fund")
Market wrap: Sensex ends above 59,000, up 929 points; Nifty tops 17,600
Eicher Motors surges over 5% on Royal Enfield's strong December sales; TCS gains 4% in three days, hits 13-week high; textile shares rally on improved outlook
 "Market wrap: Sensex ends above 59,000, up 929 points; Nifty tops 17,600")
Nifty is due for a pause, may even ease in early part of 2022: UBS report
Even after the GDP bounce-back off the low Covid-19 base, India can manage a 7.7% expansion in FY23 and hence deliver growth that is almost unrivalled globally, UBS said in a report
 "Nifty is due for a pause, may even ease in early part of 2022: UBS report")
New year cheer for indices! Sensex above 59K, up 929 pts; Nifty atop 17,600
The gains came even as India's manufacturing activity lost some momentum in December, with the Manufacturing PMI easing to a three-month low of 55.5
 "New year cheer for indices! Sensex above 59K, up 929 pts; Nifty atop 17,600")
TCS gains 4% in three days, hits 13-week high; stock nears record high
In the past three months, TCS (up 2.5 per cent) has underperformed its peers Infosys (up 14 per cent), Wipro (13 per cent) and Tech Mahindra (30 per cent) by a wide margin.
 "TCS gains 4% in three days, hits 13-week high; stock nears record high")
Surya Roshni slips 18% on heavy volumes; APL Apollo down 7% as Q3 sales dip
APL Apollo said Q3FY22 sales volume of 402,729 tons declined QoQ due to channel de-stocking in anticipation of steel price correction and extended monsoons, which impacted the construction activity.
 "Surya Roshni slips 18% on heavy volumes; APL Apollo down 7% as Q3 sales dip")
Tata Motors shares jump nearly 4% on strong December sales; PV sales up 50%
In the third quarter ended December 2021, the company said its total passenger vehicle sales stood at 99,002 units as compared with 68,806 units sold the same period in the previous year
 "Tata Motors shares jump nearly 4% on strong December sales; PV sales up 50%")
Tata Motors, Bajaj Auto: Near-term headwinds may keep auto shares volatile
Going ahead, analysts at Motilal Oswal Financial Services see easing semiconductor supplies supporting PV wholesales, but the two-wheeler segment will take time to recover
 "Tata Motors, Bajaj Auto: Near-term headwinds may keep auto shares volatile")
Tata Motors, Eicher, Maruti: Will auto shares breakout for bigger gains?
Automobile shares may breakout after crossing significant resistances
 "Tata Motors, Eicher, Maruti: Will auto shares breakout for bigger gains?")
Textile shares rally on improved outlook; Sangam, Vardhman hit new highs
According to rating agency CRISIL, the domestic textile industry is firmly on course to recover in fiscal 2022 on the back of reopening of businesses, educational institutions and retail outlets.
 "Textile shares rally on improved outlook; Sangam, Vardhman hit new highs")
Share price of this defence company has zoomed 65% in 8 trading sessions
Shares of Apollo Micro Systems rallied 15 per cent on the BSE in Monday's intra-day trade amid back of heavy volumes to hit a fresh 52-week high of Rs 189.40
 "Share price of this defence company has zoomed 65% in 8 trading sessions")
Eicher Motors rallies 5% on strong Royal Enfield sales numbers for December
Royal Enfield brand reported 43 per cent rise in month-on-month sales of 73,739 units in the month of December 2021.
 "Eicher Motors rallies 5% on strong Royal Enfield sales numbers for December")
Top sectors to invest in 2022
This year is likely to test the sustainability of the economic growth momentum in India, amid new Covid-variants. Investors will have to be careful in stock selection. Find out what analysts say
Stocks to Watch: PayTm, RIL, DMart, NTPC, Zomato, auto, realty, airlines
Auto stocks are likely to be in focus as the stocks could react to the monthly sales numbers.
 "Stocks to Watch: PayTm, RIL, DMart, NTPC, Zomato, auto, realty, airlines")
M-cap of nine of top-10 most-valued firms jumps over Rs 1.11 trillion
The valuation of Tata Consultancy Services jumped Rs 24,635.68 crore to reach Rs 13,82,280.01 crore
Equity markets are reflective of India's growth story: Nischal Maheshwari
The equity markets are reflective of India's growth story and should remain in favour during 2022, as well, says Maheshwari
 "Equity markets are reflective of India's growth story: Nischal Maheshwari")
Street signs: Nifty may consolidate, air cooler makers may see gains & more
The Nifty50 ended the December expiry series with losses of 1.9 per cent
 "Street signs: Nifty may consolidate, air cooler makers may see gains & more")
Broad-based mkt rally unlikely in 2022 amid multiple headwinds: Brokerages
They advise investors to focus on quality companies as they list their favourite picks
 "Broad-based mkt rally unlikely in 2022 amid multiple headwinds: Brokerages")