Page 507 - Markets

Policybazaar slips 4% to touch new low; stock falls 25% in last one month

In the past one month, the market price of PB Fintech dipped 25 per cent after the mandatory lock-in period for anchor investors expired on December 13, 2021.

AU Bank rallies 24% in 6 days on strong Q3 update; stock hits 10-week high

In the last six trading days, the market price of AU SFB has appreciated by 24 per cent.

Here's why Anand Rathi recommends buying Brigade Enterprises, Laxmi Organic

Mehul Kothari of Anand Rathi is bullish on Brigade Enterprises and Laxmi Organic Industries

Analysts bearish on Avenue Supermarts post weak Q3 result; see 32% downside

Moderation in growth trajectory going ahead, owing to Covid-related disruptions, along with extremely stretched valuations, cap near-term upside in the stock price

Market Wrap Podcast, January 10: All that happened in the markets today

The 50-pack index hit an intra-day high of 18,017, before settling 1% higher at 18,003. Meanwhile, the BSE Sensex ended at 60,396, up by 651 points or 1.09%

Sensex zooms 651 pts; Nifty above 18,000; all sectors end in the green

In the broader markets, the BSE MidCap index added 0.7 per cent while the BSE SmallCap index gained 1.2 per cent.

953 stocks freeze at upper circuit on BSE; Sacheta Metals up 126% in 9 days

Of these 953 stocks, 78 per cent or 747 are from the BSE T (87), X (240), XT (351) and Z (69) group.

Ipca Labs down 6% as stock turns ex-date for 1:1 split

The pharmaceutical company has fixed Tuesday, January 11, 2022, as the 'record date' for the members entitlement of sub-divided shares.

Macquarie values Paytm at Rs 900; stock falls 45% against issue price

Global brokerage Macquarie has maintained its 'underperform' rating on the stock and reduced its target price (TP) to Rs 900.

UPL gains 7% in four days on hopes of margin expansion

Brokerages CLSA and Emkay Global Financial Services have recommended 'buy' rating on UPL with target prices of Rs 1,100 and Rs 910, respectively.

Foreign portfolio investors turn net buyers in January, again: Data

Experts said India might be a relative outperformer than other emerging markets, or there could be marginal outflows

Investors should tone down return expectations: Mirae Asset's N Surana

Confidence in the ongoing earnings recovery will be the most important factor for the markets, says Surana

Whiplashed Wall Street muted after mixed US payrolls data

US employment rose by a less-than-expected 199,000 jobs last month as the impact of a resurgent pandemic bites, well below the 400,000 forecast by economists

Consumption funds likely to pick up pace as economy recovers

Consumption as a theme is likely to improve once economic recovery picks up, feel market participants

Related-party transactions: New disclosure norms for debt-listed entities

The new requirement will apply to "high-value debt-listed entities", Sebi said

Market Wrap Podcast, January 7: All that happened in the markets today

Sectorally, the Nifty Auto and Pharma indices were among the major losers, down up to 0.4 per cent. The BSE Telecom index was also an underperformer for the second day, down 0.5 per cent

World shares turn lower after tech-led decline on Wall Street

World markets were lower Friday, tracking a retreat on Wall Street led by declines in big technology stocks. Shares fell in Paris, Frankfurt, Tokyo and Shanghai but rose in Hong Kong. US futures also slipped. A resurgence of coronavirus outbreaks has added to uncertainties over a revival of tourism and other business activity in many parts of the world including Asia. The World Health Organization says a record 9.5 million COVID-19 cases were tallied over the last week as the omicron variant of the coronavirus swept the planet, a 71 per cent increase from the previous 7-day period that the U.N. health agency likened to a tsunami. Germany's DAX lost 0.7 per cent to 15,942.67 while the CAC 40 in Paris declined 0.5 per cent to 7,215.30. Britain's FTSE 100 lost 0.1 per cent to 7,443.90, The future for the Dow industrials lost 10 points while that for the S&P 500 slipped 0.2 per cent. Germany's leaders were set to consider possible new restrictions and changes to quarantine rules as

Sensex gyrates 729 pts, ends 143 pts up; India Cements gains 15%, OIL 8%

Sectorally, the Nifty Auto and Pharma indices were the only losers, down up to 0.4 per cent

Gokaldas Exports inches towards record high; surges 36% in one month

Brokerage ICICI Securities has maintained a BUY rating on Gokaldas Exports with a revised target price of Rs 425.

Asian shares mostly higher after tech-led decline on Wall Street

Tokyo and Taiwan slipped but other regional markets advanced. U.S. futures also were higher