Page 63 - Market News
Rout in Adani group shares, banks drag Sensex 874 pts, Nifty ends at 17,600
Closing Bell: Adani Enterprises and Adani Ports were the leading Nifty losers, which ended 18 and 15 per cent lower, respectively. SBI, ICICI Bank, IndusInd Bank were next in line sinking up to 5%
 "Rout in Adani group shares, banks drag Sensex 874 pts, Nifty ends at 17,600")
India to move to T+1 settlement from Friday: Here's what experts say
Friday will be a landmark day for the domestic markets with all listed stock entering the so-called T+1 settlement cycle
 "India to move to T+1 settlement from Friday: Here's what experts say")
Sensex slumps 774 pts, Nifty ends below 17900; Auto, FMCG stocks outshine
Stock market LIVE: As per rollover data, the Nifty index has, so far, witnessed rollover in-line with the last three months' averages. However, slight declines in roll cost indicates a capped upside
 "Sensex slumps 774 pts, Nifty ends below 17900; Auto, FMCG stocks outshine")
Analysts raise Axis Bank's earnings forecast; to track deposit growth ahead
Axis Bank Q3 result review: Axis Bank's is moving in the right direction with improvement in net interest margins, sustaining loan growth momentum, and expansion in return profile, analysts said
 "Analysts raise Axis Bank's earnings forecast; to track deposit growth ahead")
Tata Motors Q3 preview: What to expect from auto major's quarterly results?
Tata Motors Q3 preview: The company, which is scheduled to report its earnings on Wednesday, January 25, could see margin expansion on the back of operating leverage benefits, and fall in input costs
 "Tata Motors Q3 preview: What to expect from auto major's quarterly results?")
India bluechips to shift to world's fastest settlement cycle T+1 this week
Starting Jan. 27, stocks from Reliance Industries Ltd. to Tata Consultancy Services Ltd. and Adani Enterprises Ltd will be settled on a 'trade-plus-one-day' timeline versus the earlier two-day process
 "India bluechips to shift to world's fastest settlement cycle T+1 this week")
Investors budget for growth as markets feed on February 1 hopes
The Budget this year is likely to continue in the direction the government had set forth in in the last Budget, with reference to development and infrastructure
 "Investors budget for growth as markets feed on February 1 hopes")
ICICI Bank best placed to face NIM shock; analysts see up to 44% upside
ICICI Bank Q3 result review: ICICI Bank, on Saturday, reported a beat on profitability at Rs 8,312 crore, led by strong growth, superior margin delivery, and contained operating expenditure
 "ICICI Bank best placed to face NIM shock; analysts see up to 44% upside")
Sensex rises 320 pts, Nifty ends atop 18100; IT index up 2%, YES Bk down 8%
Closing Bell: Sectorally, Nifty IT clocked around a 2 per cent gain, followed by nearly 1 per cent upmove in bank, auto, FMCG and pharma indices. Metals and realty were the only pockets to close lower
 "Sensex rises 320 pts, Nifty ends atop 18100; IT index up 2%, YES Bk down 8%")
Gold, silver unchanged; yellow metal trades at Rs 57,060 per 10 grams
Silver is selling at Rs 72,300 per kg
 "Gold, silver unchanged; yellow metal trades at Rs 57,060 per 10 grams")
Mutual fund's SIP investors redeemed over Rs 40K crore in H2CY22
SIP account redemptions were 36% higher than H1: Amfi
 "Mutual fund's SIP investors redeemed over Rs 40K crore in H2CY22")
Mutual funds, FPIs show appetite for a slice of Adani FPO anchor pie
Bankers see excess demand in Rs 6,000-cr anchor book
 "Mutual funds, FPIs show appetite for a slice of Adani FPO anchor pie")
Moody's upgrades ratings for PNB, Canara Bank and Bank of Baroda to 'Baa3'
India's improving macros, banks improving credit profile trigger upgrade
 "Moody's upgrades ratings for PNB, Canara Bank and Bank of Baroda to 'Baa3'")
Market regulator Sebi intensifies drive against front-running violations
Conducts search and seizure operations against some experts who appeared on TV channels
 "Market regulator Sebi intensifies drive against front-running violations")
Adani Enterprises shares stable: Will arbitrage strategies work?
Pricing at a discount but shorting the stock ahead of the FPO won't be as straightforward
 "Adani Enterprises shares stable: Will arbitrage strategies work?")
Gold price unchanged in early trade; selling at Rs 56,730 per 10 grams
Silver prices fell Rs 300 from yesterday's close, the precious metal is selling at Rs 71,900 per kg
Stocks to Watch: RIL, PVR, HUL, Bata India, Sun Pharma, Vedanta, LTTS, Auto
Stocks to watch today: Jubilant Foodworks plans to open 3,000 Domino's stores - 250 stores for Domino's India in the next 12-18 months. It also plans to start 40-50 stores for Popeyes India
 "Stocks to Watch: RIL, PVR, HUL, Bata India, Sun Pharma, Vedanta, LTTS, Auto")
Sensex snaps 2-day winning streak, ends 187 pts lower; Nifty50 below 18,150
CLOSING BELL: Broader markets, too, were subdued in trade as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.4 per cent.
 "Sensex snaps 2-day winning streak, ends 187 pts lower; Nifty50 below 18,150")
Sensex ends 390 pts higher driven by HDFC twins, metals, Nifty above 18,150
Closing Bell: Within sectors, the Nifty metal index closed with most strength, up 1.5 per cent, followed by financials and pharma pockets, while PSB index slumped the most by over 1 per cent
 "Sensex ends 390 pts higher driven by HDFC twins, metals, Nifty above 18,150")
Stocks to Watch: ITC, IndusInd Bk, Adani Transmission, Tata Metaliks, RVNL
Stocks to watch today: Tata Metaliks reported a sharp fall of 73 per cent in its December quarter net profit at Rs 9.48 crore, on account of increased expenses
 "Stocks to Watch: ITC, IndusInd Bk, Adani Transmission, Tata Metaliks, RVNL")