Page 50 - Market News
Gold jumps by Rs 10, silver unchanged, yellow metal trades at Rs 60,500/10g
The price of 22-carat gold was also up by Rs 10, with the yellow metal selling at Rs 55,460
 "Gold jumps by Rs 10, silver unchanged, yellow metal trades at Rs 60,500/10g")
Shares of Bajaj Finance fall 3% as management projects margin contraction
Bajaj Finance stock: During the recently concluded quarter, Bajaj Finance saw 29 bps year-on-year (YoY) and 11 bps quarter-on-quarter (QoQ) decline in NIM to 10.5 per cent
 "Shares of Bajaj Finance fall 3% as management projects margin contraction")
Sensex sheds 551 pts, Nifty below 19,700 as Middle East crisis worsens
Closing Bell on Wednesday, October 18, 2023: Brent crude futures jumped 3 per cent after Iran called for sanctions and oil embargo against Israel
 "Sensex sheds 551 pts, Nifty below 19,700 as Middle East crisis worsens")
Stocks to Watch today: Bajaj Finance, LTTS, Zensar, HUDCO, Glenmark, Biocon
Stocks to watch on Wednesday, October 18, 2023: Bajaj Auto, Bandhan Bank, IndusInd Bank, LTIMindtree and Wipro to be in focus ahead of Q2 results today.
 "Stocks to Watch today: Bajaj Finance, LTTS, Zensar, HUDCO, Glenmark, Biocon")
Gold drops by Rs 160, silver prices down by Rs 500, trades at Rs 73,600/kg
The price of 22-carat gold fell Rs 150, with the yellow metal selling at Rs 54,950
 "Gold drops by Rs 160, silver prices down by Rs 500, trades at Rs 73,600/kg")
HDFC Bank Q2 puts levers in place to undo stock underperformance: Analysts
HDFC Bank stock: HDFC Bank has made a good beginning after the merger, and given a huge pace of capacity building, we believe that there are levers in place to sustain this momentum in business growth
 "HDFC Bank Q2 puts levers in place to undo stock underperformance: Analysts")
Sensex snaps 3-day losing run, gains 261 pts in broad-based rally
Closing Bell on Tuesday, October 17, 2023: On the National Stock Exchange (NSE), the Nifty50 shut shop 80 points, or 0.40 per cent, higher at 19,812.
 "Sensex snaps 3-day losing run, gains 261 pts in broad-based rally")
Gold price falls Rs 340 to Rs 60,110, silver unchanged at Rs 74,100
The price of 22-carat gold fell Rs 310, with the yellow metal selling at Rs 55,100
Shares of NSE valued at Rs 1,860 crore changed hands in September
Stock price largely unchanged over the past one year
 "Shares of NSE valued at Rs 1,860 crore changed hands in September")
Sensex dips 116 pts; Broader indices shine; PSB, metal stocks rally
Stock market LIVE updates on October 16, 2023: Last Friday, the S&P 500 declined by 0.50 per cent in the US while the tech-heavy Nasdaq Composite lost 1.23 per cent
 "Sensex dips 116 pts; Broader indices shine; PSB, metal stocks rally")
Enhanced returns underpin systematic investment plan openings, shows data
Since June, the ratio has consistently remained below 0.56, largely due to the attractive returns generated by most equity schemes
 "Enhanced returns underpin systematic investment plan openings, shows data")
Gold price unchanged at Rs 58,910, silver price unchanged at Rs 72,600
The price of 22-carat gold remained the same as yesterday with the yellow metal selling at Rs 54,000
 "Gold price unchanged at Rs 58,910, silver price unchanged at Rs 72,600")
Global funds are beginning to pay more attention to India: Chris Wood
Any correction in the Indian stock markets should be used to buy property, banks and industrial stocks, he advised
 "Global funds are beginning to pay more attention to India: Chris Wood")
Weak demand puts a crack on India's leading listed tile makers' prospects
While strong exports are expected to help stabilise domestic market prices, the surge in gas prices over the past couple of months may have impacted margins in the second half of FY24
 "Weak demand puts a crack on India's leading listed tile makers' prospects")
Sensex, Nifty end lower for 2nd day; Tata Motors jumps 5%, Infy slides 2%
Closing Bell on Friday, October 13, 2023: Among sectors, the Nifty PSU Bank index fell 1.4 per cent, while the Nifty Auto index gained 0.88 per cent
 "Sensex, Nifty end lower for 2nd day; Tata Motors jumps 5%, Infy slides 2%")
Gold price rises Rs 380 to Rs 58,910, Silver jumps Rs 500 to Rs 72,600
The price of 22-carat gold rose Rs 350 with the yellow metal selling at Rs 54,000
China's CLSA ups India exposure on supportive macroeconomic outlook
Brokerage goes 303 bps overweight on domestic markets in MSCI Asia Pac ex-Japan portfolio
 "China's CLSA ups India exposure on supportive macroeconomic outlook")
Inclination towards small-cap must be seen with risks linked: Sebi WTM
The Sebi whole-time member also asked the MF industry to keep robust checks on its commissions for distributors to avoid a perverse incentive system or malpractices and missellings
 "Inclination towards small-cap must be seen with risks linked: Sebi WTM")
Stocks to Watch: Titan, Bank of Baroda, MCX, Birla Corp, TCS, REC, PFC
Stocks to watch on October 11, 2023: MCX said it will go live on the new commodity derivative trading platform from October 16, after a mock session on October 15
 "Stocks to Watch: Titan, Bank of Baroda, MCX, Birla Corp, TCS, REC, PFC")
Mkts slump, oil prices rise on West Asia turmoil; Sensex, Nifty drop 0.7%
The Sensex ended the session at 65,512, a decline of 483 points or 0.7 per cent. The Nifty closed the session at 19,512, a drop of 141 points or 0.7 per cent
 "Mkts slump, oil prices rise on West Asia turmoil; Sensex, Nifty drop 0.7%")