Page 58 - Market News
Easing oil prices lifts market mood; Sensex up 406 pts, Nifty near 19,550
Closing Bell on October 5, 2023: L&T, Titan Company, TCS, Bajaj Auto, M&M, Infosys, Eicher Motors, Asian Paints, and ICICI Bank were the top stocks that supported the indices, rising up to 2.15%
 "Easing oil prices lifts market mood; Sensex up 406 pts, Nifty near 19,550")
Stocks to Watch today: Marico, OMCs, Sheela Foam, Suryoday SFB, defence
Stocks to Watch on Thursday, October 5, 2023: The government, on Wednesday, released the fifth Positive Indigenisation List (PIL) of 98 items which will be procured by the three armed services
 "Stocks to Watch today: Marico, OMCs, Sheela Foam, Suryoday SFB, defence")
HDFC Bk, HUL help Sensex cut losses, index sheds 286 pts; Nifty below 19450
Closing Bell on October 4, 2023: Nestle India, HDFC Bank, HUL, Infosys, and TCS rallied between 0.6 per cent and 3 per cent. Axis Bank was the biggest laggard, down 5 per cent
 "HDFC Bk, HUL help Sensex cut losses, index sheds 286 pts; Nifty below 19450")
Gold price falls Rs 660 to Rs 57,380, silver plunges Rs 2,000 to Rs 71,000
The price of 22-carat gold fell Rs 600 to Rs 52,600
 "Gold price falls Rs 660 to Rs 57,380, silver plunges Rs 2,000 to Rs 71,000")
Stocks to Watch today: Bajaj duo, LIC, JSW Infra, Adan Ent, HDFC Bank, DLF
Stocks to Watch on Wednesday, October 4, 2023: Bajaj Finserv's insurance arm, Bajaj Allianz General Insurance has received a show cause notice alleging a tax demand of Rs 1,010.05 crore
 "Stocks to Watch today: Bajaj duo, LIC, JSW Infra, Adan Ent, HDFC Bank, DLF")
Stocks to Watch today: Vedanta, JSW Infra, UTI AMC, Autos, MGL, Adani Green
Stocks to Watch on Tuesday, October 3, 2023: JSW Infrastructure will debut on the bourses on October 3, 2023
 "Stocks to Watch today: Vedanta, JSW Infra, UTI AMC, Autos, MGL, Adani Green")
Street Signs: Nifty finds favour at 19,500, L&T buyback, and more
The recently concluded Rs 10,000 crore buyback of engineering and construction behemoth Larsen & Toubro (L&T) proved to be a missed opportunity for retail investors
 "Street Signs: Nifty finds favour at 19,500, L&T buyback, and more")
MCX delays shift to new trading platform; shares decline 9% intraday
Shares of MCX, after dropping as much as 8.7 per cent to Rs 1,913, recouped most of its losses to finish at Rs 2,053, down 2.1 per cent over its previous day's close
 "MCX delays shift to new trading platform; shares decline 9% intraday")
Accenture guidance delays hopes of demand pick-up for Indian IT: Analysts
Nirmal Bang analysts suggest investors use the gains to pare positions if overweight, especially in the tier-2 IT pack
 "Accenture guidance delays hopes of demand pick-up for Indian IT: Analysts")
Easing yields, oil prices lift Sensex 320 pts; Pharma stocks steal the show
Closing Bell on September 29, 2023: The Nifty50, on the other hand, gained 115 points to shut shop at 19.638. Sectorally, the Nifty Pharma index jumped the most, up 2.7 per cent
 "Easing yields, oil prices lift Sensex 320 pts; Pharma stocks steal the show")
Mkt regulator Sebi puts MCX's impending transition to new CDP in abeyance
The exchange was scheduled to go live with the new tech platform on October 3
 "Mkt regulator Sebi puts MCX's impending transition to new CDP in abeyance")
Stocks to Watch today: Adani Group, TVS, Bajaj Auto, ICICI Lombard, Emami
Stocks to watch on Friday, September 29, 2023: Shares of Adani Group to be in focus amid reports that Abu Dhabi conglomerate IHC plans stake stake in Adani Green and Adani Energy Solutions.
 "Stocks to Watch today: Adani Group, TVS, Bajaj Auto, ICICI Lombard, Emami")
Markets hit 4-week lows on FPI selloff; Sensex ends 610 points lower
Overseas funds have stepped up the selling pressure following the US Federal Reserve's indication that interest rates will stay higher for longer
 "Markets hit 4-week lows on FPI selloff; Sensex ends 610 points lower")
IT shares, RIL, F&O expiry send Sensex 610 pts down, Nifty near 19,500
Closing Bell on September 28, 2023: Tech M, which sank 4 per cent, was the top laggard on the benchmarks after Morgan Stanley downgraded the stock to 'underweight'
 "IT shares, RIL, F&O expiry send Sensex 610 pts down, Nifty near 19,500")
Sluggish domestic demand, rising costs to hit prospects of tile firms
Sector reported record exports in July, expected to support setback in India market
 "Sluggish domestic demand, rising costs to hit prospects of tile firms")
Gold price dips Rs 280 to Rs 59,450, silver falls Rs 600 to Rs 74,200
The price of 22-carat gold fell Rs 250 to Rs 54,500
 "Gold price dips Rs 280 to Rs 59,450, silver falls Rs 600 to Rs 74,200")
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
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
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")