Page 51 - Market News
Sensex ends 272 pts up as RIL, HCLTech, ICICI Bank jump up to 3% in fag end
Stock market highlights on January 10: The S&P BSE Sensex closed 271 points higher at 71,656, as it recovered from the day's low of 71,111. The NSE Nifty 50 climbed 74 points to end at 21,619
 "Sensex ends 272 pts up as RIL, HCLTech, ICICI Bank jump up to 3% in fag end")
Q3 preview: TCS likely to report single-digit growth in revenue, net profit
As per an average of six brokerage estimates, TCS is likely to report a net profit of Rs 11,617 crore for the quarter, up 7 per cent from a year ago. Sequentially, this could be 2.4 per cent higher
 "Q3 preview: TCS likely to report single-digit growth in revenue, net profit")
Indian markets lead in valuation premium but not in earnings growth
South Korea and South Africa are expected to be the top markets in earnings growth for the next two financial years
 "Indian markets lead in valuation premium but not in earnings growth")
Stocks to Watch: Delta Corp, Vedanta, KIOCL, Power Grid, M&M, IRCTC, Lupin
Stocks to Watch on January 10, 2024: The company reported 15 per cent YoY decline in Q3 consolidated revenue to Rs 231.7 crore. Net profit slumped 59 per cent to Rs 34.5 crore
 "Stocks to Watch: Delta Corp, Vedanta, KIOCL, Power Grid, M&M, IRCTC, Lupin")
CoinDCX sets aside $1 million to aid asset transfers from foreign exchanges
This comes after the finance ministry's FIU last month issued show cause notices to nine offshore crypto exchanges for operating in India 'illegally'
 "CoinDCX sets aside $1 million to aid asset transfers from foreign exchanges")
Stocks to Watch: Bajaj Auto, Metropolis, Zee Entertainment, Fino Payments
Stocks to Watch on January 9, 2024: Sony Group Corp is planning to call off the merger pact of its India unit with Zee Entertainment, reported Bloomberg
Sensex gains 179 pts, Nifty holds 21,700 after a choppy ride; IT stocks up
Closing Bell on January 5, 2024: In the broader markets, the BSE MidCap index added 0.19 per cent, while the BSE SmallCap index gained 0.61 per cent
 "Sensex gains 179 pts, Nifty holds 21,700 after a choppy ride; IT stocks up")
Gold price falls Rs 440 to Rs 63,380, silver declines Rs 2,000 to Rs 76,600
The price of 22-carat gold dipped Rs 400, with the yellow metal selling at Rs 58,100
 "Gold price falls Rs 440 to Rs 63,380, silver declines Rs 2,000 to Rs 76,600")
Bajaj Finance shares soar 4% as Q3 business update shows robust AUM growth
NBFC reported 26% rise in new loans during the December quarter
 "Bajaj Finance shares soar 4% as Q3 business update shows robust AUM growth")
Stocks to Watch today, Jan 4: Adani Ports, NTPC, LIC, IT, Vedanta, OIL, IEX
Stocks to Watch on Thursday, January 4, 2024: The board of directors of Adani Ports and Special Economic Zone Limited (APSEZ) has approved raising funds up to Rs 5,000 crore
 "Stocks to Watch today, Jan 4: Adani Ports, NTPC, LIC, IT, Vedanta, OIL, IEX")
Gold down by Rs 270, silver falls Rs 300, trading at Rs 78,600 per kg
The price of 22-carat gold was down by Rs 250, with the yellow metal selling at Rs 58,500
Sensex sinks 536 pts, Nifty nears 21,500 amid global sell-off; IT slides
Closing Bell on January 3, 2024: On the upside, Bajaj Auto, Adani Enterprises, Adani Ports, Cipla, ITC, and IndusInd Bank were the top gainers, rising up to 4.5 per cent
Jio Financial's application for mutual fund licence under process: Sebi
Update by regulator puts to rest speculations that Jio is looking to enter MF space through acquisition
 "Jio Financial's application for mutual fund licence under process: Sebi")
Stocks to Watch today, Jan 3: Adani, PNB, YES Bank, MOIL, Shyam Metalics
Stocks to Watch on Wednesday, January 3, 2024: The Supreme Court is expected to announce its verdict in the Adani-Hindenburg case later on Wednesday
 "Stocks to Watch today, Jan 3: Adani, PNB, YES Bank, MOIL, Shyam Metalics")
Stocks to Watch today, Jan 2: BHEL, Coal India, LIC, Nestle, TVS Motor
Stocks to Watch on Tuesday, January 2, 2024: BHEL has clarified that it has not bagged the order worth Rs 19,400 crore from NLC India Ltd
 "Stocks to Watch today, Jan 2: BHEL, Coal India, LIC, Nestle, TVS Motor")
Benchmarks slip, but end 2023 with up to 20% gains; SmallCap index up 47%
Closing Bell on December 29, 2023: The BSE Sensex is ending calendar year 2023 with a solid gain of 18.8 per cent, and the Nifty50 with 20.1 per cent
Gold price jumps Rs 430 to Rs 64,250, silver climbs Rs 300 to Rs 79,500
The price of 22-carat gold climbed Rs 400, with the yellow metal selling at Rs 58,900
 "Gold price jumps Rs 430 to Rs 64,250, silver climbs Rs 300 to Rs 79,500")
Sensex soars 372 pts, Nifty ends near 21,800; Azad Engineering jumps 29%
Closing Bell on December 28, 2023: The S&P BSE Sensex hit record high level of 72,484 and the NSE Nifty50 claimed 21,801 intraday
 "Sensex soars 372 pts, Nifty ends near 21,800; Azad Engineering jumps 29%")
Indices at record highs! Sensex soars 702 pts, tops 72K; Nifty holds 21,650
Closing Bell on December 27, 2023: Healthy buying in HDFC Bank, Infosys, Bharti Airtel, Ultratech Cement, L&T, Tata Motors, ICICI Bank, SBI, Axis Bank, and M&M lifted the benchmark indices
 "Indices at record highs! Sensex soars 702 pts, tops 72K; Nifty holds 21,650")
Gold price climbs Rs 220 to Rs 63,710, silver rises Rs 300 to Rs 79,500
The price of 22-carat gold was up Rs 200 at Rs 58,400