Page 501 - Markets

Sansera Engineering slips 9%, hits new low as profit more-than-halves in Q3

The stock dipped 9% to Rs 681.20 and was below its issue price of Rs 744 on the BSE.

IGESL files draft IPO paperwork with Sebi to raise Rs 740 crore

As per the filing, the "proposed offer consists of a fresh issue of equity shares aggregating up to Rs 3,700 million (Rs 370 crore)"

Adani Wilmar: Should you hold, buy or sell the stock post a muted debut?

The company's IPO saw strong response from investors and had been subscribed 17 times. The issue had received bids for 212.88 crore shares against the offer size of 12.25 crore shares.

TVS Motor surges 8% on good operational performance in Q3

In Q3FY22, TVS Motor registered highest-ever operating Ebitda of Rs 568 crore, while margin improved 50 bps at 10 per cent from 9.5 per cent YoY

Asian stock markets, euro hold steady ahead of US inflation data

Markets are still alert for rate increases in both the euro zone and the United States after the European Central Bank last week was considered to have adopted a more hawkish tone.

IndiGo soars 10% post Q3 nos; analysts upgrade stock, see up to 38% upside

IndiGo swung back into profit, posting a PAT of Rs 129.79 crore in the December quarter, after registering seven consecutive quarters of loss

Retail investors take a step back on higher market volatility

Institutional share of trading turnover has been rising as markets fell from highs

Sensex dips 1,024 pts amid rising oil price, FII selling; Nifty holds 17200

FIIs' favorite names and heavyweights like HDFC twins, ICICI Bank, Infosys, Kotak Bank, and Reliance Industries saw sharp cuts

Sensex tanks over 1,000 points today: What is dampening equity markets?

The high spirits on the budget were short-lived as the global concerns have began weighing on equities.

DB Realty rebounds, freezes at 5% upper circuit; gains 181% in seven weeks

The company's board is scheduled to meet on Wednesday, February 9, 2022 to discuss and consider the proposal for raising of funds.

RBI Policy key stock market trigger this week

A growth-oriented Union Budget bolstered the investors' confidence, pushing frontline indices 2.5% last week. The RBI's monetary policy meeting will be keenly tracked by the markets this week

We're overweight on India and will remain so: Julius Baer's Mark Matthews

Mark Matthews, head of research for Asia at Julius Baer, tells Puneet Wadhwa that the markets at the current levels are pricing in more rate hikes than what will actually happen in CY22

Street signs: Hospitality in focus, Vedant Fashions GMP at 5%, and more

Brokers are advising clients to build long positions in hotel and restaurant stocks on hopes of a sharp uptick in business

M-cap of eight of 10 most valued Indian firms jumps over Rs 1.51 trn

In the ranking of top-10 firms, RIL remained the most valued firm followed by TCS, HDFC Bank, Infosys, ICICI Bank, HUL, SBI, HDFC, Bajaj Finance and Bharti Airtel.

IPO-bound LIC ropes in 6 independent directors on its board

With the appointment, the total number of independent directors goes up to 9 and all vacancies are filled.

Markets await RBI policy decision, will be volatile this week: Analysts

Stock markets are expected to witness volatility this week with domestic factors such as RBI policy decision and quarterly earnings by big players driving the investor sentiment, analysts said. Also, movement of the rupee, Brent crude and foreign institutional investors (FIIs) would be keenly watched by investors, they added. "Among important events, participants will be closely eyeing the MPC's monetary policy review meet this week and its outcome is scheduled on February 9. Besides, on the macro front, IIP data will be released on February 11," said Ajit Mishra, VP Research, Religare Broking. "We have some big names like Bharti Airtel, Jindal Steel, ACC, Hero Motocorp, Tata Power, Hindalco and M&M that will announce their numbers during the week along with several others," Mishra added. "Markets have been witnessing volatile swings, mirroring their global counterparts and it may continue in near future. Besides, the upcoming event i.e MPC's review and earnings would further add .

Sustained growth in these three segments will drive ITC stock's re-rating

Good print across segments and consistency in execution can drive re-rating of ITC from current levels, highlighted Kotak Institutional Equities

Sun Pharma hits six year-high; gains 13% in last eight days on strong Q3

In Q3, the company has witnessed stronger growth than anticipated in the US, Emerging Markets and RoW.

Barbeque-Nation shares climb nearly 3% post third quarter earnings

Shares of Barbeque-Nation Hospitality Ltd on Friday jumped nearly 3 per cent after the company reported a consolidated net profit of Rs 14.83 crore for the third quarter ended December 2021.

Lupin slips 5%, nears 52-week low post December quarter results

The company reported lower-than-expected margins and net profit in December quarter due to one-time expenses related to residual metformin returns and provision for aged stock returns of Oseltamivir.