Page 1862 - Markets News
Policy normalisation process has already kicked off
Overall RBI monetary policy was on expected lines and the policy statement highlighted its commitment to do whatever it takes to ensure financial stability
 "Policy normalisation process has already kicked off")
Tata Chemicals rallies 10%, hits record high on strong Q1 results
With the business environment steadily improving, the company is well-positioned to grow across customer segments, the management said.
 "Tata Chemicals rallies 10%, hits record high on strong Q1 results")
Amazon vs Future Grp: Tech charts show 20% downside in Future Group stocks
Future Group stocks were locked in their respective lower circuit bands, triggering bearish moves in the counters
 "Amazon vs Future Grp: Tech charts show 20% downside in Future Group stocks")
Barbeque Nation Hospitality zooms 37% in 4 days after strong Q1 results
The company said it reported a strong recovery in sales at 86 per cent in July 2021 as compared to the same month of the previous year
 "Barbeque Nation Hospitality zooms 37% in 4 days after strong Q1 results")
Adani Enterprises jumps 7%, claims title of most valuable Adani Group firm
On August 2, Adani Wilmar, a 50:50 joint venture company between the Adani group and the Wilmar group filed draft papers for Rs 4,500 crore-IPO with Sebi.
 "Adani Enterprises jumps 7%, claims title of most valuable Adani Group firm")
Glenmark Life Sciences makes a quiet debut, lists 4% above issue price
Post listing, the stock moved higher to Rs 799.50, 11 per cent higher against issue price
 "Glenmark Life Sciences makes a quiet debut, lists 4% above issue price")
Sebi introduces accredited investors concept in Indian securities market
Markets regulator Sebi has introduced the concept of 'accredited investors' in the Indian securities market, a move expected to open up a new channel for raising funds
 "Sebi introduces accredited investors concept in Indian securities market")
SC stalls Future Retail deal with Reliance; Group stocks tumble up to 16%
The apex court allowed the appeal filed by Amazon against a Delhi High Court order staying attachment of properties of Future Group companies
 "SC stalls Future Retail deal with Reliance; Group stocks tumble up to 16%")
Rate sensitive shares trade mixed after RBI keeps repo rate unchanged
At 11:38 am, the Nifty Bank, PSU Bank and Realty indices were trading in the red, while the Nifty Private Bank and Auto indices were trading marginally higher by up to 0.35 per cent on the NSE
 "Rate sensitive shares trade mixed after RBI keeps repo rate unchanged")
Vodafone Idea rebounds 55% from over 2-year low touched on Thursday
In a major development, the government on Thursday introduced an amendment to do away with the contentious retrospective tax demand provisions.
 "Vodafone Idea rebounds 55% from over 2-year low touched on Thursday")
Stocks to watch: M&M, Glenmark Life Sciences, Cipla, Adani Power, Tata Chem
Stocks from the banking, real estate and auto sectors will be in focus amid the RBI policy outcome later today
 "Stocks to watch: M&M, Glenmark Life Sciences, Cipla, Adani Power, Tata Chem")
Markets' expectations from the RBI in its August policy review
As focus remains more on fixing a fickle economy than on controlling stubborn price pressures, the Street is factoring-in a status quo on repo rate and 'accommodative' policy stance
 "Markets' expectations from the RBI in its August policy review")
Three stock ideas by Osho Krishan of Anand Rathi: Buy Laurus Labs, Equitas
The stock of Laurus Labs is primarily in an uptrend and maintains the cycle of higher highs higher lows on all time frames
 "Three stock ideas by Osho Krishan of Anand Rathi: Buy Laurus Labs, Equitas")
Market Ahead Podcast, August 6: Top factors that could guide markets today
The RBI policy decision is likely to set the tone for the session, with all eyes on the central bank's commentary on the growth outlook, inflation projection, and liquidity measures
 "Market Ahead Podcast, August 6: Top factors that could guide markets today")
Premium valuations, pressure on margins may restrict gains in Bosch
The management is cautious on the near-term outlook
 "Premium valuations, pressure on margins may restrict gains in Bosch")
ESG integration in business will help create long-term value: EY India
The covid-19 pandemic has been instrumental in reinforcing the importance of ESG framework as a key approach to long-term business resilience, says the EY report
 "ESG integration in business will help create long-term value: EY India")
Markets could consolidate at current levels: Harshad Patil, Tata AIA Life
The consensus earnings for the current fiscal (FY22) are projected to grow by an outsized 35-40 per cent on the back of a relatively weak earnings profile in the previous year, he said
 "Markets could consolidate at current levels: Harshad Patil, Tata AIA Life")
All four IPOs oversubscribed a day before close on robust retail interest
Superb listing gains made by companies listed recently have prompted investors to enthusiastically participate in all IPOs
 "All four IPOs oversubscribed a day before close on robust retail interest")
Active large-cap funds outperform benchmarks as rally gets broad-based
Average one-year return at 48% versus Sensex's 45% gain
 "Active large-cap funds outperform benchmarks as rally gets broad-based")
Individual investors flex their muscle amid stock market surge
Their holding rose to all-time high of 7.18% in Q1; institutional holdings decline
 "Individual investors flex their muscle amid stock market surge")