Page 38 - Indian Markets

TMS Ep492: Laptop import curb, Data Protection Bill, markets, GST in gaming

How will be laptop import curbs affect India? What are the gaps in the Data Protection Bill? Is the Street too euphoric on laptop import curbs? How will 28% GST in online gaming work? Answers here

Street signs: False start for ARCL, encouraging GMPs for SBFC, and more

Sebi, received criticism from the Securities Appellate Tribunal (SAT) last week for meting out harsh punishment in a case that dates back over a decade

Sensex snaps 3-day losing run, up 481 pts; Nifty holds 19,500; SBI down 3%

Closing Bell on August 4: Among sectors, the Nifty IT index added 1.45 per cent, while the Nifty PSU Bank index fell 0.86 per cent

Lupin hits 2-year high on strong Q1 results; zooms 66% since April

With clearance of Pithampur Unit-2, the company expects to add product approvals for the US region

LIC Housing Finance hits 10-month high on 43% YoY net profit growth in Q1

In the past one year, this non-banking financial services (NBFC) stock has surged 16 per cent, as against a 12 per cent jump in the S&P BSE Sensex

Fitch downgrades US' rating: How soon can the markets recover?

Stock markets, analysts suggest, are impacted by unexpected events and see a knee-jerk reaction. When market valuations are high, the sell-off, they say, will be sharp

Sensex slips 542 pts, Nifty holds 19,350; Vedanta sinks 7%, Adani Ent up 2%

Closing Bell on August 3: 39 of the 50 Nifty stocks ended in the negative zone led by Titan, Bajaj Finserv, ONGC, ICICI Bank, Nestle India, Ultratech Cement

US rating downgrade by Fitch spooks markets; Sensex, Nifty slump 1.5%

While the latest downgrade triggered a selloff in equities, the bond market was relatively unscathed, which helped calm investors' nerves

Risks beyond downgrade

US fiscal position can lead to market dislocations

Sensex sinks 677pts, Nifty nears 19,500 amid global rout; all sectors bleed

CLOSING BELL on August 2, 2023: Equity markets roiled under global pressure on Wednesday after rating agency Fitch downgraded credit rating of the US

Earnings disappointment, US Federal Reserve hike drag benchmark indices

Sensex, Nifty drop over 0.6% each

Here's why Sensex tanked over 900 points in Wednesday's intra-day trade

All sectors, meanwhile, nosedived in the sea of red, with Nifty Metal, Nifty PSU Bank, and Nifty Oil & Gas as some of the worst performers

Sensex, Nifty end choppy day flat; Power Grid slides 5%, Hero Moto 3%

Closing Bell on August 1, 2023: Power Grid, Hero MotoCorp, Apollo Hospitals, IndusInd Bank, Bajaj Finserv, SBI, Adani Ports, Reliance Industries, and Maruti Suzuki were the top laggards

UBS 'double upgrades' Gail India to buy; sees 25% upside in the stock

At the bourses, the stock surged over 3 per cent in intra-day deals to Rs 122.7 on the BSE on Monday. In comparison, the S&P BSE Sensex traded flat at around 66,245 levels

Sensex up 367 pts, Nifty holds 19,750; metal, IT stocks shine; FMCGs slide

Closing Bell on July 31: NTPC, Power Grid, Tata Steel, TCS, Tech M, JSW Steel, Maruti Suzuki, Tata Motors, Wipro, Bajaj Finserv, Infosys, HCL Tech, and IndusInd Bank were the top gainers

Welspun India soars 13%, hits 52-week high on 7x YoY jump in Q1 PAT

So far this calendar year 2023 (CY23), the stock has rallied over 45 per cent, as against an 8 per cent jump in the S&P BSE Sensex

Acid test for specialty chemical cos: Mix of weak demand, low realisations

Caustic Reaction: Sector expected to underperform as brokerages slash profit estimates

Competition for market share intensifies among cement companies in Q1

For the June-23 ended quarter, Dalmia Cement reported a 12.4 percent rise in cement volumes from a year ago

High cotton prices, dull demand to keep textile stocks in check: Analysts

With cotton prices at home on the higher end versus global markets, analysts believe that the disparity is affecting India's global competitiveness in the near-term

Foldable devices market to grow 4x by 2025 in ultra-premium segment: Report

Foldable smartphones market share in the ultra-premium segment, priced above Rs 45,000 apiece, is expected to grow more than four times to 35 per cent in India, Counterpoint Research said on Friday. Foldable smartphones market share in the first half of 2023 stood at about 8 per cent, the market research firm said. "In 2023 (till June), Foldables constituted 8 per cent of ultra-premium (over Rs 45,000) Android smartphone shipments, a number projected to surge to 35 per cent by the end of 2025," Counterpoint Research said in a report. According to the research firm's estimate India's Foldable Smartphone accounts for only about 1 per cent of the overall mobile market in India. The report said clamshell smartphones among the foldable designs are particularly favoured by female users, accounting for 82 per cent of total foldable shipments in the first half of 2023 due to their affordability. "Localisation of manufacturing, exemplified by flagship devices like Samsung Z Fold 5 and Flip