Page 53 - Stock Market Today

Street rejoices DLF's strong Q4 performance, guidance; stock surges 7.4%

Real estate developers tend to have lumpy incomes and outflows, which makes profit and loss ratios less meaningful

Sensex, Nifty up 0.5% each to hit fresh 5-mth highs amid strong global cues

Improving domestic macro, sustained foreign flows extend gains

Realty stocks soar on Sebi proposal to formalise fractional ownership

Sobha Developers gains most at 11.5%, DLF and Mahindra Lifespace add over 7% each; BSE Realty index soara 4.3%, most among the 19-sectoral sub-indices

Improving JLR outlook, margin expansion targets positives for Tata Motors

Margin expansion targets for all units, debt reduction are other positives

Novelis' disappointing Q4 suggests near-term weakness for Hindalco stock

Analysts though are positive on Hindalco, and see an improvement in business prospects from the second half of FY24

Larsen & Toubro's rich valuations leave little room for disappointment

The stock fell over 5% after results on lower than expected show in core E&C segment, and possibility of slowdown in new orders

Sensex, Nifty close with gains in choppy trade ahead of US inflation data

The broader NSE Nifty gained 49.15 points or 0.27% to end at 18,315.10, posting gains for a third day in a row.

High valuations may cap further upside in ABB stock; prospects 'positive'

The company posted better than expected results for the March quarter, and prospects remain strong

NSE lifts lid on dabba trading, tippers, issues warnings to 24 platforms

Over the last year, NSE has been examining information or tips received about unauthorised or illegal activities such as collection of deposits assuring fixed or guaranteed returns

Mankind Pharma jumps 32% on stock market debut due to strong demand

The stellar listing day performance comes even as retail investors gave the Rs 4,326-crore IPO - the largest in more than a year-a miss

Strong fourth quarter perks up Paytm stock; stock jumps nearly 5%

Stock jumps nearly 5%; analysts see up to 70% upside

Two Adani group stocks decline by daily limit as MSCI trims weight

Adani Transmission, Adani Total Gas face deletion from MSCI India index, spurring over Rs 4,000-cr sell-off by passive funds

Equities rebound on easing recession worries; HDFC twins back in green

Financial stocks gain most as Sensex, Nifty50 rise over 1%

Buying, selling by MFs and FPIs have a bigger impact on the markets

Buying, selling by MFs, FPIs have a bigger impact on markets than other investor classes

FIIs gung-ho on India from medium-term viewpoint: Saion Mukherjee

'Given valuation comfort, we are still most overweight on China and South Korea,' says Saion Mukherjee

Demand uncertainty may weigh on Havells stock; B2C sales show muted trend

Despite FY23 revenue growing 21 per cent YoY, Havells faced rising input costs and intense competition with moderation only in Q4

Trent stays on growth track, stock rises 18% in 3 months; hit margins in Q4

Higher costs and lower value segment, however, hit margins in Q4

HDFC twins sink 6% on MSCI weighting update; biggest 1-day fall in 3 years

Merged entity to have far lower weighting than expected

Growth prospects remain strong for Titan after good Q4 performance

Standalone jewellery sales for the firm were up 24 per cent year-on-year (YoY) on a slightly lower base and aided by like-to-like growth of 19 per cent

Tata Steel's Q4 points to divergent cyclical trends in steel markets

So are analyst opinions with ratings ranging between 'hold to 'buy', and valuations between Rs 110 and Rs 132