Page 1795 - Markets News
150-fold spike in warehousing space to expand logistics pie for Adani Ports
Another near-term trigger for the stock would be the September quarter performance
 "150-fold spike in warehousing space to expand logistics pie for Adani Ports")
Sensex, Nifty log new fresh highs on IT sector earnings, macro data
The strong numbers posted by Infosys, Wipro, and Mindtree dissipated worries that arose after TCS's results
 "Sensex, Nifty log new fresh highs on IT sector earnings, macro data")
Market euphoria: Investors' wealth jump over Rs 10.56 trillion in 6 days
Investors added more than Rs 10.56 trillion to their wealth as markets continued their rally for the sixth straight session on Thursday.
 "Market euphoria: Investors' wealth jump over Rs 10.56 trillion in 6 days")
Sebi issues revised formats for issuers of non-convertible securities
Markets regulator Sebi on Thursday came out with revised formats for limited review and audit reports to be submitted by entities that have listed their non-convertible securities
 "Sebi issues revised formats for issuers of non-convertible securities")
Market Wrap Podcast, Oct 14: Here's all that happened in the markets today
The domestic benchmark indices extended the record rally in the sixth consecutive session with Sensex and Nifty ending at fresh record closing high
 "Market Wrap Podcast, Oct 14: Here's all that happened in the markets today")
Inflation data, global trends to guide markets this week: Analysts
Inflation data and global trends would be the major driving factors for the equity markets this week which after a record-breaking run took a breather in recent trades, analysts said.
 "Inflation data, global trends to guide markets this week: Analysts")
Sensex sprints 569 pts, ends at 61,306; Nifty atop 18,300; IRCTC gains 11%
The BSE m-cap stood at Rs 272.8 trillion by close
 "Sensex sprints 569 pts, ends at 61,306; Nifty atop 18,300; IRCTC gains 11%")
IRCTC hits new high, zooms 141% since August on announcing stock split plan
IRCTC has fixed October 29, 2021, as the record date, to ascertain the name of shareholders entitled for subdivision/split of equity shares from Rs 10 to Rs 2
 "IRCTC hits new high, zooms 141% since August on announcing stock split plan")
HDFC Bank Q2 profit may rise 18% YoY on credit revival, lower provisions
HDFC Bank Q2 preview: Gross non-performing assets (GNPA) ratio may rise on a yearly basis but remain largely stable sequentially, believe analysts.
 "HDFC Bank Q2 profit may rise 18% YoY on credit revival, lower provisions")
This Radhakishan Damani-owned stock hits over 13-yr high on robust outlook
India Cements rallied 11 per cent to Rs 221.80 on the BSE today, trading at its highest level since February 2008
 "This Radhakishan Damani-owned stock hits over 13-yr high on robust outlook")
ITC nears two-year high, up 11% in four days; can hit Rs 300, charts say
Analysts believe ITC's cigarettes business will fully recover amid aggressive vaccination drive and reduction in Covid-19 cases
 "ITC nears two-year high, up 11% in four days; can hit Rs 300, charts say")
Charts indicate more gains for Wipro, Mindtree; Infosys, TCS appear weak
Wipro and MindTree logged new life-time highs in trade on Thursday and can see further upside of up to 11 per cent
 "Charts indicate more gains for Wipro, Mindtree; Infosys, TCS appear weak")
Mindtree surges 12%, hits new high on strong September quarter earnings
The brokerage firm ICICI Securities is of the opinion that all positives seem to be largely priced in at the CMP for Mindtree and hence the stock may see limited upside from here on
 "Mindtree surges 12%, hits new high on strong September quarter earnings")
Rupee gains 12 paise to 75.25 against US dollar in early trade
The Indian rupee appreciated 12 paise to 75.25 against the US dollar in opening trade on Thursday, buoyed by heavy buying in domestic equities and fresh foreign fund inflows.
 "Rupee gains 12 paise to 75.25 against US dollar in early trade")
India logs over Rs 10,000 cr of monthly mutual fund inflows in market boom
Inflows into mutual funds from regular contributions through systematic investment plans, or SIPs, hit an all-time high of 103.5 billion rupees ($1.4 billion) in September
 "India logs over Rs 10,000 cr of monthly mutual fund inflows in market boom")
Infosys gains 4% on strong Q2 performance, raising FY22 revenue guidance
Infosys raised its revenue growth guidance for FY22 to 16.5-17.5 per cent in constant currency (CC) terms, from 14-16 per cent earlier; stock came within striking distance of its life-time high
 "Infosys gains 4% on strong Q2 performance, raising FY22 revenue guidance")
Wipro hits new high, rallies 8% on strong revenue growth in Sept quarter
Motilal Oswal maintains a 'Neutral' stance on the stock and awaits further evidence of execution of Wipro's refreshed strategy, & successful turnaround from its growth struggles over the last decade
 "Wipro hits new high, rallies 8% on strong revenue growth in Sept quarter")
Sensex jumps over 350 pts to hit 61K for first time; Nifty tops 18,200
Equity benchmark Sensex rallied over 350 points in opening trade on Thursday to cross the 61,000-mark for the first time, driven by gains in Infosys, HDFC Bank and Reliance Industries.
Damani's DMart surges 18%, hits fresh record high; stock up 33% in a week
Shares of Avenue Supermarts crossed the Rs 5,000 mark for the first time
 "Damani's DMart surges 18%, hits fresh record high; stock up 33% in a week")
Stocks to Watch: Infosys, Wipro, HCL Tech, Dish Tv, HDFC Bank, Zee
IT stocks will be in focus this morning, as market participants react to Infosys, Wipro and MindTree numbers. Thereafter, the focus will shift to HCL Technologies earnings
 "Stocks to Watch: Infosys, Wipro, HCL Tech, Dish Tv, HDFC Bank, Zee")