Page 2064 - Markets News
Home sales at pre-Covid level; overall sentiment optimistic: Knight Frank
The residential segment outlook, according to the survey findings, was supported by pent-up demand, multi-decadal low home loan interest rates, and attractive residential prices
 "Home sales at pre-Covid level; overall sentiment optimistic: Knight Frank")
Maruti Suzuki Q3 results preview: Analysts see up to 30% YoY growth in PAT
According to the monthly sales data, Maruti sold 4.95 lakh units in the December quarter of FY21, up 13.4 per cent from 4.37 lakh units sold in the year-ago quarter
 "Maruti Suzuki Q3 results preview: Analysts see up to 30% YoY growth in PAT")
TVS Motor hits fresh 52-week high ahead of Q3 results on Thursday
In the past three months, stock of the two-wheeler company outperformed the market by surging 28 per cent, after it reported healthy operational performance in the July-September quarter of FY21
 "TVS Motor hits fresh 52-week high ahead of Q3 results on Thursday")
Strategies for auto stocks as Centre proposes 'green tax' on old vehicles
Union Minister for Road Transport and Highways Nitin Gadkari's proposal to levy 'green tax' on old vehicles polluting the environment nudged investors to off-load auto stocks from their portfolio
 "Strategies for auto stocks as Centre proposes 'green tax' on old vehicles")
Reliance Industries extends fall post Q3 nos; stock dips 10% in three days
RIL lost over Rs 1-trillion market capitalisation in the past three trading days
 "Reliance Industries extends fall post Q3 nos; stock dips 10% in three days")
Bonds in India head for losses on PM Modi's near-record borrowing plan
The relentless supply of sovereign debt has been the biggest hurdle for Indian bonds this fiscal year, as pandemic relief efforts took precedence
 "Bonds in India head for losses on PM Modi's near-record borrowing plan")
IT shares trade firm in a weak market; Cyient hits 52-week high, LTTS up 9%
Tata Elxsi, Larsen & Toubro Infotech, Wipro, Cigniti Technologies, Ramco Systems and Tech Mahindra were up in the range of 2 per cent to 6 per cent
 "IT shares trade firm in a weak market; Cyient hits 52-week high, LTTS up 9%")
Auto stks dip on profit booking as govt proposes green tax for old vehicles
Ashok Leyland, Bharat Forge and Tata Motors from the auto index were down in the range of 3 per cent to 4 per cent.
 "Auto stks dip on profit booking as govt proposes green tax for old vehicles")
L&T gains 2% post December quarter results; analysts see further upside
During Q3FY21, L&T's standalone adjusted net profit came in at Rs 1,705 crore against Rs 1,261 crore in Q3FY20
 "L&T gains 2% post December quarter results; analysts see further upside")
Stocks to watch: Axis Bank, HUL, L&T, BoB, auto stocks, Affle India
Stocks of auto companies will be in focus after the government approved a policy to scrap more than 15-year-old vehicles owned by government departments and PSUs
 "Stocks to watch: Axis Bank, HUL, L&T, BoB, auto stocks, Affle India")
Stock calls by Nilesh Jain of Anand Rathi: Buy Pidilite, Godrej Industries
Pidilite's stock is in a secular uptrend and has formed a bullish Harami candlestick pattern on the daily chart
 "Stock calls by Nilesh Jain of Anand Rathi: Buy Pidilite, Godrej Industries")
HUL Q3 preview: Double-digit revenue growth likely on GSK acquisition
Analysts at ICICI Securities expect Hindustan Unilever (HUL) to post 15.4 per cent year-on-year (YoY) revenue growth at Rs 11,322.3 crore in the December quarter
 "HUL Q3 preview: Double-digit revenue growth likely on GSK acquisition")
Market Ahead, January 27: All you need to know before the opening bell
Axis Bank, Hindustan Unilever, Bank of Baroda, Marico, Emami and India Cements are among 50 firms set to post their December quarter numbers today
 "Market Ahead, January 27: All you need to know before the opening bell")
Dip in PAT, weak asset quality: What to track in Bank of Baroda's Q3 result
HSBC pegs Bank of Baroda's Q3FY21 net profit at Rs 164.1 crore, a staggering 90 per cent de-growth from September quarter's PAT of Rs 1,678.6 crore
 "Dip in PAT, weak asset quality: What to track in Bank of Baroda's Q3 result")
Axis Bank Q3: Profit may jump up to 83% YoY; asset quality could take a hit
Limited Covid-19 provisioning in the quarter may shore up profit of Axis Bank, analysts at Edelweiss Securities said in their result preview report
 "Axis Bank Q3: Profit may jump up to 83% YoY; asset quality could take a hit")
Stocks and futures dip on US fiscal-relief package timing; dollar up
A gauge of Asia-Pacific equities at one point slid the most in about two months, with shares in South Korea and China underperforming
Sustained growth In fast moving electronics, higher B2C mix to aid Polycab
Despite the correction on Monday, analysts are positive on the stock given multiple triggers
 "Sustained growth In fast moving electronics, higher B2C mix to aid Polycab")
Changing dynamics: Bears merely less bullish in today's stock market
"You hold your nose and you buy," David Kudla, chief investment strategist at Mainstay Capital Management, said in an interview on Bloomberg Television. "Stocks have been divorced from fundamentals."
 "Changing dynamics: Bears merely less bullish in today's stock market")
Debt alternative investment funds investors lower return expectations
AIFs are privately pooled investment funds approved by the capital markets regulator Securities and Exchange Board of India for different categories of asset classes
 "Debt alternative investment funds investors lower return expectations")
Majority of equity schemes pare cash positions even as markets soar
According to experts, schemes that were sitting on a lot of cash deployed it after the market crash in March and April
 "Majority of equity schemes pare cash positions even as markets soar")