Page 505 - Markets

Sensex gains 86 pts; Nifty above 18,300; HCL Tech slumps 6%; Auto stocks up

In the broader market, the BSE MidCap and SmallCap indices outperformed the benchmarks and ended up to 0.6 per cent higher.

NIIT hits highest level after 20 years; zooms 67% in 2 months

For Q2FY22, NIIT had reported a more-than-double or 101 per cent year on year (YoY) rise in its consolidated net profit at Rs 52.4 crore on the back of strong operational performance.

HDFC Bank disappoints on margins, fee income growth, say analysts

A decline in payment and credit card-related fees from a year ago - as the bank gave fee waivers as an incentive - was a new niggle for the lender to contend with

Adani Ent, Tata Comm, SBI Life, L&T and 24 other BSE500 stocks at new highs

Infosys, Tata Consultancy Services (TCS) and Tanla Platforms from the IT sector hit their respective new highs today.

Shares of this Jhunjhunwala-backed footwear firm soar 20% on strong Q3 nos

Metro Brands surged 20 per cent to hit a new high of Rs 608.20 on the BSE in Monday's intra-day trade, up 22 per cent from its issue price of Rs 500 per share.

Low-priced stocks: A roulette that may well be a losing bet, say experts

Many have weak fundamentals to back share price rise and may not live to see the next bull run: Experts

Policy normalisation could jolt markets, prick bubbles: Axis MF's J Gopani

Markets will swing to the tunes of Covid for some time to come till we see medical intervention eliminate the threat completely, says Gopani

Floater funds see outflows as liquidity turns tight, shows data

In the past year, floater funds have on average given returns of 3.79 per cent, lower than other categories like low duration funds, short duration funds, and medium duration funds

Street signs: Nifty may see gains, debt funds see Rs 35K-cr outflow & more

The Nifty has formed a bullish candle and is also holding higher bottom series, which support a further uptrend, said analysts

Swadeshi Jagran Manch opposes direct listing of Indian unicorns in overseas

Swadeshi Jagran Manch has said the remedy is worse than the disease as Indian authorities will not just lose the oversight but also the right to tax gains accruing from businesses built in the country

All store owners, staff at Delhi's Janpath Market fully vaccinated

The district officials distributed certificates of "fully vaccinated market" to its eight market associations.

India Cements gains 5%; hits highest level since January 2008

Analysts expect margins of cement companies to bottom out in Q3FY22, with likely recovery in demand and prices.

Indices close week with gains of 2.5%; Asian Paints falls 2.6%

The indices had gained this week amidst optimism surrounding early quarterly earnings announcements of some companies

Aided by mid-, small-cap rally, 80% of PMS schemes beat Nifty in 2021

They generated average returns of 40%, against the Nifty's 24%

Dow, S&P 500 dragged down by financials after mixed big bank results

Eight of the 11 major S&P 500 sectors fell in early trading, with financials falling 1.3%

Sensex ends 466pts off low, down 12pts; Nifty holds 18,250; IT stocks shine

TCS, Infosys, L&T, Tech M, and HDFC Bank were the top gainers on the Sensex today.

Stock of this smallcap state-owned mining firm has zoomed 44% in one week

In the past one week, the stock has zoomed 44 per cent, on expectation of improvement of company's performance, primarily due to the price hikes taken in the lignite division.

Here's why Anand Rathi recommends buying Rain Industries, Route Mobile

Mehul Kothari of Anand Rathi is bullish on Rain Industries and Route Mobile.

India may see more de-rating if growth expectations reduce: Saion Mukherjee

Rising interest rates will have a negative impact on equity markets, as this is being driven by inflationary pressures, higher deficit and not so much from growth, says Mukherjee

MFs pump in Rs 3,400 crore in fresh issuances in December, shows data

Among existing holdings, major additions were seen in ICICI Bank, Wipro, Infosys, and HDFC Bank.