Page 508 - Markets
87 stocks more-than-double in 1 month on BSE; Automotive Stampings up 207%
Three stocks, Urja Global (up 203%), Steel Exchange India (118%) and 63 Moons Technologies (108%) from the BSE Smallcap index have seen their market price more-than-double in one month
 "87 stocks more-than-double in 1 month on BSE; Automotive Stampings up 207%")
KPIT Technologies zooms 64% in 14 trading days on strong outlook
Since November 1, 2021, the stock has zoomed 141 per cent after KPIT Technologies raised outlook for revenue and profit for the financial year 2021-22 (FY22)
Aptus Value, ABFRL have broken out on charts; buy on dips: Mehul Kothari
Similar to Aptus Value Housing Finance's stock, ABFRL confirmed a major breakout from the falling trend line formed by joining two prominent swing highs
 "Aptus Value, ABFRL have broken out on charts; buy on dips: Mehul Kothari")
Nandish Shah recommends a Bull spread on Tata Power for January series
The stock has broken out on the daily chart with higher volumes to close at highest level since December 14.
 "Nandish Shah recommends a Bull spread on Tata Power for January series")
Textile sector seeing a structural turnaround; here's how to play the theme
The stocks in the sector are also ripe for a re-rating as robust export opportunities give strong and sustainable earnings visibility
 "Textile sector seeing a structural turnaround; here's how to play the theme")
Sensex sheds 621pts amid Omicron woes, weak global cues; Nifty below 17,750
Market participants are already concerned about the rapid global spread of the highly infectious Omicron Covid variant
 "Sensex sheds 621pts amid Omicron woes, weak global cues; Nifty below 17,750")
Three reasons why Sensex plunged over 600 points on Thursday
Indian markets mirrored global sell-off after the US Federal Reserve's minutes indicate sooner and faster-than-expected rate hikes
 "Three reasons why Sensex plunged over 600 points on Thursday")
Nearly 600 stocks freeze at upper circuit on the BSE
Of the 3,666 stocks that are traded on the BSE, as many as 592 were locked in the upper circuit levels and there were no sellers on the counter, the exchange data showed.
 "Nearly 600 stocks freeze at upper circuit on the BSE")
Kitex Garments surges 23% in three days on strong revenue growth in Q3
Kitex Garments reported a strong 69 per cent year on year growth in total revenues at Rs 205 crore in October-December quarter.
 "Kitex Garments surges 23% in three days on strong revenue growth in Q3")
Panama Petrochem surges 25% in two days as Ramesh Damani buys 1% stake
In the past two trading days, the stock of the refineries/petro products company has surged 25 per cent, after investor Ramesh Damani bought over 1 per cent stake in the company.
 "Panama Petrochem surges 25% in two days as Ramesh Damani buys 1% stake")
Sensex reclaims 60,000 mark; FPI buying, macroeconomic data buoy sentiment
The Sensex gained 367 points, or 0.6 per cent, to close at 60,223, while the Nifty rose 120 points to end the session at 17,925 cent.
 "Sensex reclaims 60,000 mark; FPI buying, macroeconomic data buoy sentiment")
New-age companies make it to Amfi's large-cap list, shows data
This comes despite stocks such as PB Fintech (Policybazaar) and One 97 Communication (Paytm) trading below their issue price
 "New-age companies make it to Amfi's large-cap list, shows data")
Avoid longer-duration funds as interest rates may harden: Analysts
Shorter-duration ones will see lower mark-to-market impact
 "Avoid longer-duration funds as interest rates may harden: Analysts")
Analysts bullish on road, highway developers on infra push, cheap valuation
Analysts remain positive on the road/construction sector given healthy order books providing good revenue visibility, controlled working capital, value unlocking
 "Analysts bullish on road, highway developers on infra push, cheap valuation")
Thermax shares trim most of early gains; settle 1.50% higher
The stock, which gained 6.55 per cent to Rs 1,923.55 during the day on BSE, finally settled at Rs 1,830.05, a jump of 1.38 per cent
 "Thermax shares trim most of early gains; settle 1.50% higher")
Sensex rallies 367 pts, ends above 60K; Nifty holds 17,900; financials gain
Large part of today's rally was propelled by financial and banking counters, with 7 of the top 10 index contributors belonging to the space.
 "Sensex rallies 367 pts, ends above 60K; Nifty holds 17,900; financials gain")
Tata Communications surges nearly 9%; hits record high
IIFL Securities has initiated coverage on Tata Communications with a target price of Rs 1,568 (SoTP based) and an ADD rating.
 "Tata Communications surges nearly 9%; hits record high")
Indian bond yields stabilise after early spike tracking oil prices
India's benchmark 10-year bond yield was trading steady on the day at 6.52% by 0655 GMT, after earlier rising to 6.54%, its highest level since Jan. 31, 2020
 "Indian bond yields stabilise after early spike tracking oil prices")
Bajaj Finance gains 4% on strong sequential AUM growth in December quarter
In Q3FY22, Bajaj Finance's assets under management (AUM) grew 8.6 per cent quarter on quarter (QoQ) to Rs 1.81 trillion.
Greaves Cotton surges 24% in three days on strong December sales of EV arm
Greaves Cotton's e-mobility arm Greaves Electric Mobility on Sunday said it sold over 10,000 units in December 2021.
 "Greaves Cotton surges 24% in three days on strong December sales of EV arm")