Page 502 - Markets

Sensex ends 814 pts higher ahead of Budget-day in broad-based rally

Large part of today's rally in the headline indices was led by IT stocks such Tech M, Wipro, Infosys and HCL Tech; financials such as Bajaj twins and SBI, and index heavyweights RIL

Adani Wilmar IPO: GMP halves in a week; analysts expect 10-25% listing gain

Analysts believe Adani Wilmar's strong parentage links with the Adani Group may give it a necessary fillip on the listing day

UTI AMC slides 7% on disappointing December quarter earnings

In Q3, the company's revenue from operation declined 10 per cent YoY at Rs 309 crore, while profit after tax was down 9 per cent YoY at Rs 127 crore.

Nifty PSU Bank index soars 12% in four days; SBI nears record high

Canara Bank hit a 52-week high of Rs 252.80, after rallying 6% in intra-day trade and 21% in the past four trading days.

L&T: Order execution, new initiatives key to long-term growth, say analysts

Long-awaited growth pick-up along with muted orders may weigh on Larsen and Toubro's stock in the near-term

Bulls roar on D-Street. Pre-Budget rally, short covering or tech pullback?

Analysts say the up move seen on Monday is on account of a host of factors, including good corporate results over the past few days, positive global cues and a build-up ahead of Budget 2022

Markets eye Economic Survey, Budget 2022 this week

Budget 2022 announcements are catalysts for market trends and they clock a post-Budget rally if it books profit ahead of it. Here're data points that the Street awaits from Economic Survey & Budget

Asia's 20 richest families control nearly $495 billion, shows data

The Ambanis, Hartonos and Mistrys lead Asia's wealthiest clans

Fund managers advise flexi-cap and large-cap schemes for now

According to fund managers, flexi-cap and large-cap schemes may weather the current storm better

Long-only alternative investment funds beat Nifty in 2021, shows data

It was a different story for long-short funds with only two out of the 11 strategies outperforming the benchmark

Street signs: Nifty around key support zone, FPIs step up selling, and more

The benchmark index on Friday closed at 17,102

Pricing trend, launches, stability of growth boosters for Dr Reddy's

Near-term outlook and valuation are expected to support the stock price

M-cap of 9 most valued companies erodes by over Rs 3 trn

State Bank of India was the lone gainer in the top ten

Action-packed week for equity markets: Budget, macro data, earnings eyed

In the holiday-shortened last week, the 30-share BSE benchmark plummeted 1,836.95 points or 3.11 per cent

Nine entities settle case of alleged AIF rules violations with Sebi

The adjudication proceedings initiated against the nine entities under the show cause notice issued in March 2021 have been disposed of, Sebi said

Sebi bans Bullmatics Advisory, directors from securities mkt for six months

Bullmatics was engaged in investment advisory services without obtaining Sebi registration as an investment adviser

Markets see wild swings as traders weigh hawkish Fed, Budget uncertainty

The Sensex gained as much as 807 points, or 1.4 per cent, in intra-day trade only to give up all the gains to end at 57,200, with a loss of 77 points

Ongoing market turmoil not to impact IPO valuation: Vedant Fashion

The ongoing correction in capital market has not dented valuation of Kolkata-based ethnic wear major Vedant Fashions' initial public offer that aims to raise Rs 3,149 crore

US stocks: Substantial rise in interest rates could cause significant drop

Longer-term real rates remain deeply negative in many regions, supporting elevated prices for riskier assets

Burger King India: Growth strategy, margin expansion key to stock rally

The company recently posted its December quarter (Q3FY22) results and brokerages have either downgraded the stock by a notch or have reduced their target price