Page 52 - Market News
Nomura upgrades stance on Indian market from 'neutral' to 'overweight'
Valuations are expensive but will likely remain so, says the brokerage
 "Nomura upgrades stance on Indian market from 'neutral' to 'overweight'")
Sensex up 173 pts on Nomura upgrade, Nifty tops 19,700; all but banks gain
Closing Bell on September 27, 2023: Among sectors, most of the key indices settled in the positive zone with the Nifty Pharma index gaining the most, up 1.2 per cent
 "Sensex up 173 pts on Nomura upgrade, Nifty tops 19,700; all but banks gain")
Smallcaps shine in weak market; PSB, IT shares slip, FMCG, defence gain
Closing Bell on September 26, 2023: The BSE Sensex closed at 65,945 levels, down 78 points, while the Nifty50 shut shop at 19,665, down 10 points
 "Smallcaps shine in weak market; PSB, IT shares slip, FMCG, defence gain")
Is Bajaj Fin preparing to fight Jio Fin with fund raise? Analysts weigh in
The Board of Bajaj Finance is scheduled to meet next week to consider proposal for raising of funds through any or all of various methods including by way of preferential issue or QIP
 "Is Bajaj Fin preparing to fight Jio Fin with fund raise? Analysts weigh in")
Sensex, Nifty snap 4-day losing run; Bajaj Fin gains 4.5%, IT stocks weigh
Closing Bell on September 25, 2023: The broader markets ended with steady gains with the BSE MidCap index advancing 0.46 per cent, and the BSE SmallCap 0.12 per cent
 "Sensex, Nifty snap 4-day losing run; Bajaj Fin gains 4.5%, IT stocks weigh")
Stocks to Watch today, Sep 25: LIC, Ambuja, Bajaj Finance, JSW Steel, SBI
Stocks to watch on Monday, September 25, 2023: Canara Bank, Delta Corp, Granules, Hindustan Copper, Indiabulls Housing and Manappuram Finance are the six stocks in F&O ban period today.
 "Stocks to Watch today, Sep 25: LIC, Ambuja, Bajaj Finance, JSW Steel, SBI")
SAMHI Hotels gains 14% on stock market debut; Zaggle Prepaid slips 3.5%
Samhi Hotels raised Rs 1,200 crore by issuing fresh shares in the IPO
 "SAMHI Hotels gains 14% on stock market debut; Zaggle Prepaid slips 3.5%")
Sensex falls for 4th day, drops 221pts; Nifty nears 19,650; PSBs defy trend
Closing Bell on Friday, September 22: The Nifty PSU Bank jumped the most, rising 3.5 per cent
After JP Morgan, Bloomberg index may add India; analysts eye $20 bn inflow
Given the relatively small weight in the Bloomberg Global Aggregate Index, analysts expect India's inclusion could take place in one shot
 "After JP Morgan, Bloomberg index may add India; analysts eye $20 bn inflow")
Stocks to Watch on Sept 22: JSW Steel, Glenmark Life, Samhi, Zaggle, TaMo
Stocks to Watch today, September 22, 2023: Glenmark Pharmaceuticals Board has approved the divestment of a 75 per cent stake in its subsidiary Glenmark Life Sciences to Nirma for Rs 5,651 crore
 "Stocks to Watch on Sept 22: JSW Steel, Glenmark Life, Samhi, Zaggle, TaMo")
Sensex tanks 796 pts, Nifty breaks 20,000: Why are markets falling today?
Shares of HDFC Bank and Reliance Industries declined 4 per cent and 2.23 per cent, respectively, on Wednesday, September 20
 "Sensex tanks 796 pts, Nifty breaks 20,000: Why are markets falling today?")
Gold price rises Rs 170 to Rs 60,220, silver jumps Rs 300 to Rs 74,800
The price of 22-carat gold went up by Rs 150, with the yellow metal selling at Rs 55,200
 "Gold price rises Rs 170 to Rs 60,220, silver jumps Rs 300 to Rs 74,800")
Stocks to Watch: RIL, RR Kabel, Tata Motors, Bank of Maha, Bharat Dynamics
Stocks to Watch today, September 20, 2023: RR Kabel is set to debut at the stock exchanges on Wednesday, becoming the first entity to make a T+2 listing
 "Stocks to Watch: RIL, RR Kabel, Tata Motors, Bank of Maha, Bharat Dynamics")
Fiscal pressures building up; risks for the markets are rising: Jefferies
As a stock strategy, they have shifted consumer staples to underweight, and moved weight (bought into) to Bharti Airtel in their model portfolio
 "Fiscal pressures building up; risks for the markets are rising: Jefferies")
Sensex winning run extends to 10th trading session, logs new intraday high
Index yet to close in red this month
 "Sensex winning run extends to 10th trading session, logs new intraday high")
Government bond yield decline to seven-week low, say market dealers
Traders rushed to buy bonds in early trade after reports that the chances of bond inclusion in JP Morgan's emerging market index have become high after Russia's exit
 "Government bond yield decline to seven-week low, say market dealers")
Stocks to Watch today, Sep 14: Adani Group, RIL, Hero Moto, Bombay Dyeing
Stocks to watch on Thursday, September 14, 2023: Delta Corp, Indiabulls Housing Finance, IEX, India Cements, Manappuram, REC and SAIL among stocks in F&O ban today.
 "Stocks to Watch today, Sep 14: Adani Group, RIL, Hero Moto, Bombay Dyeing")
Stocks to Watch today, Sep 13: Infosys, Vedanta, BoB, Paytm, KEC, SpiceJet
Stocks to watch on Wednesday, September 13, 2023: Steel stocks too may see some action India and the US plan to enable exports of at least 336,000 tonnes of certain steel and aluminium products withou
 "Stocks to Watch today, Sep 13: Infosys, Vedanta, BoB, Paytm, KEC, SpiceJet")
Mid-, smallcap stocks overheated; rally an irrational exuberance: Analysts
The S&P SBE Smallcap index has given a stellar return - rising over 32 per cent in 2023
 "Mid-, smallcap stocks overheated; rally an irrational exuberance: Analysts")
Stocks to Watch today, Sep 11: Adani Grp, HDFC Bank, RIL, Sonata, IRB Infra
Stocks to watch on September 11, 2023: Balrampur, Delta Corp, India Cements, Manappuram, PNB and SAIL among nine stocks in F&O ban on Monday.