Page 1733 - Markets News
TeamLease Services surges 11% as hiring intent highest in Q3
The company said hiring intent has touched its zenith mark at 41 per cent in October-December quarter
 "TeamLease Services surges 11% as hiring intent highest in Q3")
Macrotech Developers rallies 6%, hits new high on growth prospects
The company plans to nearly double its pre-sales to Rs 14,000 crore by financial year 2023-24 (FY24) and further grow to Rs 20,000 crore by FY26
 "Macrotech Developers rallies 6%, hits new high on growth prospects")
Reliance Capital to "fully co-operate" with RBI; stock at 5% lower circuit
The Company has no outstanding loans from banks and approximately 95 per cent of its debt is in the form of debentures, it said
 "Reliance Capital to \"fully co-operate\" with RBI; stock at 5% lower circuit")
Go Fashion makes stellar debut, stock lists at 91% premium to issue price
Post listing the stock hit a high of Rs 1,341 and a low of Rs 1,215 on the BSE
 "Go Fashion makes stellar debut, stock lists at 91% premium to issue price")
Stocks to Watch: Go Fashion, Zomato, IRCTC, Asian Paints, Dish TV, ICICI Bk
Go Fashion India will make its debut on the brouses today, while Star Health IPO opens for subscription in the primary segment
 "Stocks to Watch: Go Fashion, Zomato, IRCTC, Asian Paints, Dish TV, ICICI Bk")
Is the worst over for Indian equities despite Omicron-concerns?
Global markets calmed on Monday after initial shock of the discovery of the Omicron coronavirus variant. Does this mean the worst is over for Indian equities? This report attempts to find an answer
 "Is the worst over for Indian equities despite Omicron-concerns?")
Brokerages bullish on RIL stock after Jio hikes tariff by 21%
Reliance Jio, following its peers Bharti Airtel and Vodafone Idea (Vi), hiked its prepaid tariff plans by around 20 per cent across the board (including around 21 per cent in base JioPhone level plans
 "Brokerages bullish on RIL stock after Jio hikes tariff by 21%")
For FIIs, India becoming less and less attractive: Sunil Tirumalai
The recovery from lockdowns has been reasonably good without any big government stimulus, says Tirumalai
 "For FIIs, India becoming less and less attractive: Sunil Tirumalai")
Sensex valuation hits lowest in 15 months; index underlying EPS up 50%
The index valuation was the highest in March this year when it was trading at a P/E of around 35X.
 "Sensex valuation hits lowest in 15 months; index underlying EPS up 50%")
Domestic MFs line up chip funds as stocks soar
Tata MF has filed an offer document with markets regulator Securities and Exchange Board of India (Sebi) to launch Tata Global Semiconductor Fund of Fund.
 "Domestic MFs line up chip funds as stocks soar")
Hope for Hindalco, Nalco investors as aluminium demand may outstrip supply
Though volatile, most analysts don't expect prices to decline further
 "Hope for Hindalco, Nalco investors as aluminium demand may outstrip supply")
Markets have over-reacted to Omicron Covid variant; buy the dips: Analysts
As a portfolio strategy, those at Invesco suggest investors maintain current allocations, and view any continued sell-off as a buying opportunity
 "Markets have over-reacted to Omicron Covid variant; buy the dips: Analysts")
Sensex swings over 1,200 pts; rupee weakens to below 75 on Omicron concerns
The 50-share Nifty after dropping to a low of 16,782 managed to close at 17,053.95, with a gain of 27.5 points, or 0.16%
 "Sensex swings over 1,200 pts; rupee weakens to below 75 on Omicron concerns")
Markets regain some lost ground after worst decline in seven months
The gains were capped as the impact of the new variant on the economic recovery and central bank policy action remained uncertain
 "Markets regain some lost ground after worst decline in seven months")
Sebi bans ARSS Infrastructure, 6 persons from markets; levies fine
Sebi has barred ARSS Infrastructure Projects and six persons from the capital markets for up to one year and levied a fine totalling Rs 47.5 lakh on them for misrepresenting the company's financials
 "Sebi bans ARSS Infrastructure, 6 persons from markets; levies fine")
Market wrap: Markets pause to breathe as investors await data on Omicron
RIL and Kotak Bank power 153-point Sensex rally; Nifty holds 17,050; Brokerages bullish on RIL stock after Jio hikes tariff by 21%
 "Market wrap: Markets pause to breathe as investors await data on Omicron")
India Ratings upgrades Capacite Infra to 'IND BBB'; outlook 'stable'
Capacite Infraprojects provides engineering, procurement and construction/turnkey solutions for housing, high rises, super high rises, speciality buildings and urban infrastructure
 "India Ratings upgrades Capacite Infra to 'IND BBB'; outlook 'stable'")
Sensex ends off day's high, up 154pts, Nifty 28pts; RIL, IT stocks gain
The broader indices lagged in trade on Monday. The BSE Midcap and Smallcap indices ended with losses of 0.9 per cent and 1.9 per cent, respectively
 "Sensex ends off day's high, up 154pts, Nifty 28pts; RIL, IT stocks gain")
MRF hits 52-week low of Rs 73,111 on margin concerns; dips 9% in 3 weeks
The stock down 3% to Rs 73,111 on the BSE in intra-day trade today has fallen below its previous low of Rs 73,756 touched on December 22, 2020.
 "MRF hits 52-week low of Rs 73,111 on margin concerns; dips 9% in 3 weeks")
Raymond zooms 13% to a new 52-week high; stock up 33% in one week
Raymond convened shareholders meeting on December 27, 2021 to approve the scheme of arrangement of Raymond Apparel (demerged company) and Raymond (resulting company) their respective shareholders
 "Raymond zooms 13% to a new 52-week high; stock up 33% in one week")