Page 425 - Markets

Markets to shift to T+1 settlement system from January 27: Report

It would allow the buyers and sellers to get shares and money in their accounts one day after the trade takes place

India's premium valuations remain a challenge: Invesco MF's Taher Badshah

Equity valuations are unlikely to expand further unless there are surprises on the earnings front or developed economies do much better than expected, says Taher Badshah of Invesco MF

L&T Finance Holdings hits 52-week high, surges 6% on strong Q3 results

After the divestment of the mutual fund business, LTFH has proposed merger of its subsidiary lending entities - L&T Finance and L&T Infra Credit with itself

Stocks to Watch: Wipro, HDFC Bank, DMart, Delhivery, NDTV, Sula Vineyard

Stocks to Watch today: Wipro, after market hours on Friday, reported a consolidated net profit of Rs 3,052 crore for October-December FY23, an increase of 2.8 per cent year-on-year (YoY)

Nifty Auto, Metal indices trading in thin range; here's how to play them

The best trading strategy Nifty Auto index would be to sell near resistance levels until we get close above new high

Lessons from the biggest multibaggers

While banks are paying you 6-7 per cent per annum, every few years a handful of stocks can go up 100 per cent or more. Over 10 years some stocks can go up manifold

D-Mart's Dec quarter profit up 6.7% to Rs 589.64 crore, sales rise 25.5%

Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported a 6.71 per cent increase in its consolidated net profit to Rs 589.64 crore for the third quarter ended on December 31, 2022. The company had posted a net profit of Rs 552.53 crore in the October-December quarter a year ago, said Avenue Supermarts in a BSE filing. Its revenue from operations was up 25.50 per cent to Rs 11,569.05 crore during the quarter under review against Rs 9,217.76 crore in the corresponding quarter last fiscal. Avenue Supermarts' total expenses were at Rs 10,788.86 crore, up 27.02 per cent in the third quarter of FY2022-23 against Rs 8,493.55 crore in the corresponding quarter of the last fiscal.

HCL Tech Q3: Weak macros, narrow FY23 guidance limit upside, warn analysts

In Friday's trade, the stock gained marginally to close at Rs 1,077 per share, as against 0.5 per cent rise in the S&P BSE Sensex

Infosys strong TCV, deal wins in Q3 lend comfort amid macro risks: Analysts

Infosys Q3 review: The company is likely to benefit from vendor consolidation opportunities, gain market share and see margin expansion going ahead, say analysts

Crypto wrap: Market recovers after weeks due to softening of inflation

The US inflation cooled down to 6.5% in December as compared to a year ago

Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950

CLOSING BELL: Within sectors, barring consumer durables, PSB and Metal indices on the Nifty logged in most gains, up over 1 per cent each, followed by IT and financial pockets

Titan Company slips 2% to hit over four-month low; down 14% from 52-wk high

The stock was trading at its lowest level since August 23, 2022 and has slipped 8% in the last eight trading days

Stocks to Watch: Infosys, HCL Tech, Wipro, Shriram Finance, M&M, Just Dial

Stocks to Watch: IT shares are likely to be in focus after Infosys and HCL Technologies reported stronger than expected Q3 results; and Wipro scheduled to report earnings on Friday.

TMS Ep346: Telecom sector, investment cycle, Q3 results, WHO warning

Has the telecom sector recovery lost steam? Does higher demand point to the start of an investment cycle? Banks' earnings growth touched a peak in Q3? What is WHO's warning about alcohol? Answers here

Public sector firms' share in total market cap at a three-year high

BSE PSU index gained 41% and 23% in 2021 and 2022, respectively

Sebi bans 3 entities from securities market for insider trading activities

Sebi has slapped penalties totalling Rs 15 lakh on three entities and also barred them from the securities markets for one year for flouting insider trading rules with respect to the shares of VSL

HCL Tech reports revenue growth of 19.6%; announces Rs 10 dividend

HCL Q3 results: The company added 2,945 new employees during the quarter, and the closing headcount was 222,270. The attrition rate in Q3FY23 stood at 21.7%

Infosys Q3 result: IT major's revenue grows 20% YoY to Rs 38,318 cr

The attrition rate has been recorded at 24.35 in Q3FY23. In Q3FY22, it was at a higher 25.5%

Sensex ends 147pts lower at 59,958; Nifty50 below 17,900; RIL declines 2%

CLOSING BELL: Broader markets, too, were subdued in trade as Nifty SmallCap 100 and Nifty MidCap 100 indices slipped up to 0.2 per cent

Paytm, Nykaa slide up to 9% after huge block deals at both counters

Till 01:53 PM, about 30.5 million shares, representing 4.7 per cent of the total equity of Paytm, had changed hands on the NSE