Page 1889 - Markets News
Market Wrap Podcast, July 13: Here's all that happened in the markets today
Sectorally, Nifty Media, IT and FMCG indices ended in the red. Nifty Financial Services index, with a gain of 1.18 per cent was the best sectoral performer, followed by Nifty Private Bank index
 "Market Wrap Podcast, July 13: Here's all that happened in the markets today")
Banks, RIL lift Sensex 397 pts; broader indices underperform
ICICI Bank (up 2.7 per cent), HDFC, Axis Bank, Sun Pharma, and NTPC were the top gainers on the frontline S&P BSE Sensex
 "Banks, RIL lift Sensex 397 pts; broader indices underperform")
Auto ancillary shares in focus; Rane Brake zooms 20%, Minda hits new high
Analysts observe ancillaries with high exposure to replacement channel tyre, battery players) have fared relatively better in Q1FY22
 "Auto ancillary shares in focus; Rane Brake zooms 20%, Minda hits new high")
Tanla Platforms hits 5% upper circuit for 2nd day straight on buyback plan
Despite past two days' gain, Tanla Platforms has underperformed the market in the last three months by falling 2.5 per cent, as compared to a 8.6 per cent rise in the S&P BSE Sensex
 "Tanla Platforms hits 5% upper circuit for 2nd day straight on buyback plan")
Infosys Q1 preview: PAT likely to grow 27-30% YoY; may up FY22 guidance
Infosys' outlook will be key to watch, with many brokerages penciling in a rise in the company's FY22 revenue guidance
 "Infosys Q1 preview: PAT likely to grow 27-30% YoY; may up FY22 guidance")
Brightcom Group rallies ahead of preferential issue, zooms 174% in a month
Brightcom Group had signed a LOI to acquire a digital marketing services company based out of India with 1100 employees and premium clients such as Netflix, Disney, Bitly, Hulu and The New York Times
 "Brightcom Group rallies ahead of preferential issue, zooms 174% in a month")
SBI Life Insurance hits record high; gains 16% in three months
Analysts believe SBIL is well positioned for long term growth given its strong market position, solid product portfolio, diversified distribution network, healthy capital position.
 "SBI Life Insurance hits record high; gains 16% in three months")
Zomato's grey market premium is on a steady decline; here's why
Zomato shares were trading at a premium of 10 per cent in the grey market
 "Zomato's grey market premium is on a steady decline; here's why")
SML Isuzu, Force Motors rally up to 47% so far in July on robust June sales
SML Isuzu rallied 15 per cent to Rs 692 in the intra-day trade today and has surged 38 per cent in the past two trading days
 "SML Isuzu, Force Motors rally up to 47% so far in July on robust June sales")
Ashoka Buildcon gains 5% on receiving LOA from NHAI for Rs 726 cr project
The company has received letter of acceptance from NHAI for development of Memmadpur (Ambala) - Banur (IT City Chowk) - Kharar (Chandigarh) Corridor for a bid price of Rs 726 crore
 "Ashoka Buildcon gains 5% on receiving LOA from NHAI for Rs 726 cr project")
Osho Krishan of Anand Rathi is bullish on these 3 stocks. Do you own any?
FDC is in secular uptrend and is in the cycle of higher highs higher lows suggesting inherent strength in the counter
 "Osho Krishan of Anand Rathi is bullish on these 3 stocks. Do you own any?")
Time to take a short position in the market? Look for this chart pattern
The opposite of this negative indicator is called Ascending Triangle. This represents a bullish bias with a breakout above the horizontal line.
 "Time to take a short position in the market? Look for this chart pattern")
Market Ahead Podcast, July 13: Top factors that could guide markets today
Tracking the bullish sentiment in global peers, market bulls are likely to make a strong comeback on Dalal Street, early trends suggest
 "Market Ahead Podcast, July 13: Top factors that could guide markets today")
Stocks to watch: Mindtree, Vodafone Idea, RIL, IDBI Bank, Shilpa Medicare
Mindtree, Tata Metaliks, Deccan Health Care, Shree Ganesh Remedies and WS Industries are among eight companies that will release quarterly earnings today
 "Stocks to watch: Mindtree, Vodafone Idea, RIL, IDBI Bank, Shilpa Medicare")
Madhur Deora to Renu Satti, meet Paytm's key managerial personnel
According to Securities and Exchange Board of India regulations, the DRHP or offer document is required to have details about directors, promoters and key management personnel
 "Madhur Deora to Renu Satti, meet Paytm's key managerial personnel")
'Current scenario is volatile, but bodes well for the insurance industry'
Kamlesh Rao, managing director and chief executive officer at Aditya Birla Sun Life Insurance shares his views on the road ahead for the life insurance industry
 "'Current scenario is volatile, but bodes well for the insurance industry'")
Zomato IPO: Subscribe for listing gains, suggest brokerages
Zomato IPO is set to be a watershed moment in the Indian internet space, Jefferies said in a note
 "Zomato IPO: Subscribe for listing gains, suggest brokerages")
Recovery timeline, subdued margins to keep DMart stock under pressure
Higher competition may lead to market share loss
 "Recovery timeline, subdued margins to keep DMart stock under pressure")
Jana Small Finance Bank gets Sebi's go-ahead to float IPO
Jana Small Finance Bank has received markets regulator Sebi's go-ahead to raise funds through an initial share-sale.
 "Jana Small Finance Bank gets Sebi's go-ahead to float IPO")
583 stocks hit upper circuit amid subdued market; indices end flat
Propelled by this, the BSE SmallCap index hit a new high of 26,168 in the intraday trade on Monday, but closed at 26,068.
 "583 stocks hit upper circuit amid subdued market; indices end flat")