Page 456 - Markets
Stock of this footwear company has zoomed 101% from its listing day low
Metro Brands hit a new high of Rs 857, gaining 5 per cent on the BSE in Friday's intra-day trade
 "Stock of this footwear company has zoomed 101% from its listing day low")
Tyre maker Balkrishna Industries FY23 volume, margin seen under pressure
Company's near term will be tough, but brokerages believe it will continue to gain market share
 "Tyre maker Balkrishna Industries FY23 volume, margin seen under pressure")
HDFC executes unusual trade to hedge borrowings against interest rate risk
The switch in hedging tools comes as markets are buffeted by surging policy rates, with the Reserve Bank of India having hiked by 140 basis points since May to tackle inflation
 "HDFC executes unusual trade to hedge borrowings against interest rate risk")
Tata Motors hits over 5-month high; gains 10% in 9 days on positive outlook
Analysts at ICICI Securities expect the stock to maintain positive bias and head towards Rs 509 levels in the coming weeks
 "Tata Motors hits over 5-month high; gains 10% in 9 days on positive outlook")
Ten crypto exchanges under ED lens for allegedly laundering Rs 10 billion
Many investors were traced based on their KYC details available with these crypto exchanges, but they were found to be fake or different from the real ones
 "Ten crypto exchanges under ED lens for allegedly laundering Rs 10 billion")
Letting ED add its chilling effect to crypto winter will kill the industry
A couple more scandals, and the ED may achieve the shutdown the RBI has long wished for: The considerable talent India has in this area will flee to more welcoming jurisdictions like Dubai
 "Letting ED add its chilling effect to crypto winter will kill the industry")
Roll-out of 5G tech will map Bharti Airtel's stock trajectory: Analysts
Investors need to stay vigilant as payback from 5G is still unclear (across telcos globally), and may put pressure on tariff hikes, analysts cautioned
 "Roll-out of 5G tech will map Bharti Airtel's stock trajectory: Analysts")
Sebi bars Securekloud Technologies, 3 persons from securities markets
The three individuals -- Suresh Venkatachari, R S Ramani and Gurumurthi Jayaraman -- have also been restrained from associating themselves with any Sebi-registered intermediary till further orders
 "Sebi bars Securekloud Technologies, 3 persons from securities markets")
On the slide this year, silver likely to see some recovery: Experts
The white metal has lost about 11%, weighed down by the stronger US dollar, rising interest rates and slowing growth
 "On the slide this year, silver likely to see some recovery: Experts")
Gold ETFs log first monthly outflows in five months, shows data
The latest bout of outflows come amid a sharp surge in the equity markets
 "Gold ETFs log first monthly outflows in five months, shows data")
BSE, NSE to remain closed for trading today on account of Muharram
The official website, bseindia.com states that August 9 will be a market holiday, which would mean that there will be no trading in equity segment, equity derivative segment and SLB degment
 "BSE, NSE to remain closed for trading today on account of Muharram")
Nykaa, Paytm, Zomato: Are these stocks worth your money post Q1 results?
The common thread, however, that runs across most brokerages is Zomato, where they suggest buying the stock with the one-year target price ranging between Rs 60 - 115
 "Nykaa, Paytm, Zomato: Are these stocks worth your money post Q1 results?")
July equity flows hit nine-month low of Rs 8,898 crore, shows data
Sharp correction seen in June makes investors risk-averse
 "July equity flows hit nine-month low of Rs 8,898 crore, shows data")
SBI Q1 review: Analysts cut earnings estimate to factor MTM loss, weak NIM
SBI Q1: The country's biggest state-owned lender reported a net profit of around Rs 6,070 crore (down 7 per cent year-on-year) with the miss being driven by 13 bps sequential decline in NIM
 "SBI Q1 review: Analysts cut earnings estimate to factor MTM loss, weak NIM")
More green energy funding, 5G in the spotlight at RIL's August 29 AGM
Company may spell out plans for retail and telecommunication businesses in the meeting
 "More green energy funding, 5G in the spotlight at RIL's August 29 AGM")
Too early to say whether the worst is over or yet to come: Ritu Arora
Ritu Arora, Asia CEO & CIO, Allianz Investment Management Singapore says her expectation of Indian earnings at a compound annual growth rate is 8-12 per cent
 "Too early to say whether the worst is over or yet to come: Ritu Arora")
Indian Overseas Bank plans to raise Rs 1,000 cr via QIP to sustain growth
During the quarter under review, the bank's total income dipped to Rs 5,028 crore as against Rs 5,607 crore during the April to June quarter of 2021-22
 "Indian Overseas Bank plans to raise Rs 1,000 cr via QIP to sustain growth")
Tractor headwinds may offset M&M's strong utility vehicle segment show
Upsides may be limited given the sharp rerating for the stock since March
 "Tractor headwinds may offset M&M's strong utility vehicle segment show")
28 cos secure Sebi's clearance to float IPOs worth Rs 45k cr in April-July
These firms are yet to announce the launch date of their IPOs and are waiting for the right time to float their issues as current market conditions are challenging, merchant bankers said
 "28 cos secure Sebi's clearance to float IPOs worth Rs 45k cr in April-July")
Eight of top-10 firms add Rs 98,235 cr in m-cap; Infosys, TCS lead gainers
Eight of the 10 most valued firms together added Rs 98,234.82 crore in market valuation last week, with IT majors Infosys and TCS emerging as the biggest gainers amid a positive momentum in equities
 "Eight of top-10 firms add Rs 98,235 cr in m-cap; Infosys, TCS lead gainers")