While the overall market witnessed a shipment decline, the premium market showcased impressive growth in 2022
No big upmove or downmove likely, say market watchers
Power distribution companies, such as Torrent Power, Tata Power, NTPC, and CESC, are expected to reap benefits of increasing power consumption
Average trading volumes on the counter nearly doubled with a combined around 11 million equity shares having changed hands on the NSE and BSE so far
The world's biggest money manager favors stocks and bonds from the developing world over those from mature economies in the short term
Earlier this month, the Reserve Bank of India (RBI) surprised markets by holding the key lending rate steady at 6.5 per cent, going against expectations of a 25-basis point (bps) increase
The gross non-performing assets (NPA) to net NPA ratios declined 26 basis points and 7 basis points quarter on quarter (QoQ) respectively to 2.81 per cent and 0.48 per cent
The 30-share BSE Sensex jumped 401.04 points or 0.67 per cent to reach the 60,000-level and settled for the day at 60,056.10. During intra-day, it hit a high of 60,101.64 and a low of 59,620.11
ITC share: The stock has firmly outperformed the benchmark returns by rallying 56 per cent over the last year versus a 3% and 23.5% gain in the Nifty50 and Nifty FMCG indices during this time
'Given the small caps' underperformance vis-a-vis large caps last year, they are at a slightly better position valuation wise'
The company also said it plans to buy back $130 million of the 3.375% senior notes in each of the next four quarters
CLOSING BELL: The gains in benchmark indices were led by HDFC Life (up 6.4 per cent), Wipro, ICICI Bank, Titan, Axis Bank, SBI, Hero MotoCorp, Grasim, and Adani Ports
The stock price of PMPL has appreciated by 70 per cent from a level of Rs 1,571 touched on February 3 on the BSE
The company reported its highest-ever net profit during the quarter, due to a decline in raw material costs and big savings on tax expenses
Improved performance in consumer biz, its proposed listing remain key triggers
India remains the most expensive equity market in the region and amongst the most expensive globally, says Ritu Arora, Asia CEO at Allianz Investment Management
Indian IT services players have been using the buyback route in the recent past
If introduced, India would be one of a handful of major markets to introduce performance-linked fees for mutual funds
Near-term trigger is the strong Q4 results led by revenue growth and expanding margins
Disappointed results for Infosys and TCS this week dampened the mood