Page 450 - Markets
Indian markets may feel the pinch of Fed chief's hawkish comments: Experts
Last week, the Sensex and the Nifty shed over 1 per cent but were still up nearly 15 per cent from their June lows
 "Indian markets may feel the pinch of Fed chief's hawkish comments: Experts")
Consumer durables firms may have to wait until Q3 to find their sea legs
Hypercompetition, high-cost inventory, and volume-over-margins delay gains
 "Consumer durables firms may have to wait until Q3 to find their sea legs")
Forex reserves fall $6.7 bn to $564 bn in 7 days, at 2-yr low: RBI
The central bank has been selling dollars in the foreign exchange market aggressively to curb any sharp fall in the rupee, which is one of the main reasons for the reserves to fall
 "Forex reserves fall $6.7 bn to $564 bn in 7 days, at 2-yr low: RBI")
Bond yields slide as reports tout progress in global listing of Indian debt
A fall of one basis point on the 10-year bond yield corresponds to a rise in price of roughly seven paise
 "Bond yields slide as reports tout progress in global listing of Indian debt")
Mutual funds: Limiting inflows enables fund manager to stick to quality
Massive inflows, especially in red hot markets, forces them to buy at high valuations, compromise on quality
 "Mutual funds: Limiting inflows enables fund manager to stick to quality")
Stock of this EPC and solar advisory firm has zoomed 1,475% so far in 2022
In the past one month, the stock price of Gensol Engineering nearly doubled, or surged 96 per cent, as compared to 7 per cent rise in the S&P BSE Sensex.
 "Stock of this EPC and solar advisory firm has zoomed 1,475% so far in 2022")
Titan hits over 4-month high on expansion plan; stock zooms 11% in 1 month
The company's strong growth outlook, industry tailwinds in the medium term and strong balance sheet makes it a best play in the retail space
 "Titan hits over 4-month high on expansion plan; stock zooms 11% in 1 month")
Nelco up 10% on pact with Intelsat to offer inflight connectivity in India
Nelco has been offering the Aero IFC services for more than two years with plans to introduce these services to more airlines in collaboration with its global partners
 "Nelco up 10% on pact with Intelsat to offer inflight connectivity in India")
An interim Sebi order must not be open-ended
Delayed justice is unfair to those who may ultimately be found not guilty, and also to those who may be found guilty
Despite 22% jump in 3 months, analysts see more upside in Nifty PSB index
Among individual shares, Bank of Baroda, Canara Bank, State Bank of India, Indian Bank, and Union Bank of India soared between 21 per cent and 34 per cent during the period
 "Despite 22% jump in 3 months, analysts see more upside in Nifty PSB index")
Ports ministry to recast Mormugao monetisation tender to attract more bids
The project is part of the national monetisation pipeline, which is expected to yield Rs 6 trillion by 2024-25
 "Ports ministry to recast Mormugao monetisation tender to attract more bids")
Market value of FPI holdings to investment at 3x: Motilal Oswal
Between 2011-12 and FY22, the market value of FPI holdings had increased at an annualised rate of 16.5 per cent in local currency terms and a modest 11.5 per cent in US dollar terms
 "Market value of FPI holdings to investment at 3x: Motilal Oswal")
Thermax rallies 9% in 2 days; hits new high on strong order book position
Thermax has a strong order book across diverse sectors, including refineries, steel, power, and chemicals
 "Thermax rallies 9% in 2 days; hits new high on strong order book position")
Ashish Kacholia portfolio: This stock has zoomed 75% in three months
Shares of Safari Industries moved higher by 9 per cent to its record high level of Rs 1,545.55 on the BSE in Wednesday's intra-day trade
 "Ashish Kacholia portfolio: This stock has zoomed 75% in three months")
Ujjivan Financial hits 52-wk high on heavy volumes; zooms 102% in 6 months
The management of Ujjivan SFB is confident that the momentum built in the last six months would continue in the current fiscal and in the years to come
 "Ujjivan Financial hits 52-wk high on heavy volumes; zooms 102% in 6 months")
Tejas Networks up 9%, nears 52-week high on hopes of robust revenue growth
Post 5G spectrum auctions, we expect to see a multi-year capex spend cycle for building both wireline and wireless infrastructure
 "Tejas Networks up 9%, nears 52-week high on hopes of robust revenue growth")
Vinay Rajani of HDFC Securities is positive on M&M, Timken India; check why
M&M closed with a bullish engulfing pattern on the daily chart with a jump in volumes
 "Vinay Rajani of HDFC Securities is positive on M&M, Timken India; check why")
Consumer momentum unlikely to derail as IT firms rationalise salary payouts
In the last six months, the Nifty Consumption index has rallied 12 per cent as compared to the 3 per cent surge in the Nifty50 index, data showed
 "Consumer momentum unlikely to derail as IT firms rationalise salary payouts")
Start-ups binge on private money as markets around the world dry up
European venture capital transactions raised nearly $57 billion, down just 4 per cent from the same period last year, according to the data provided by analytics firm PitchBook
 "Start-ups binge on private money as markets around the world dry up")
NARCL revises CEO Natarajan Sundar's salary to market rates: Report
In a bid to attract experienced talent, the National Asset Reconstruction Co Ltd (NARCL) has increased the total remuneration of its chief executive, Natarajan Sundar to Rs 1.7 crore
 "NARCL revises CEO Natarajan Sundar's salary to market rates: Report")