Page 509 - Markets

Apple breaches $3 trillion market value again before slipping

Apple accounts for nearly 7% of S&P 500 index's value

Investors' wealth zooms Rs 5.36 trn in first two days of trading in 2022

On Tuesday, NTPC was the lead gainer in the 30-stock Sensex pack

RIL, HDFC, TCS power 673-pts rally in Sensex; Nifty tops 17,800; banks soar

The broader markets underperformed the benchmarks by a wide margin. The BSE MidCap and SmallCap indices ended with meagre gains of 0.05 per cent and 0.4 per cent, respectively.

BSE receives 362 investor complaints against cos in Dec; fixes 473

Complaints made against the firms included that of non-receipt of money, shares, demat as well as physical, non-receipt of debt securities, corporate benefits, entitlements and interest

HP Adhesives freezes at 5% upper circuit for sixth day after strong debut

With today's gain, the stock has advanced 64 per cent higher over the issue price on the BSE.

Marico dips 3% in firm market after December quarter business update

The personal products maker said that its revenue growth was in double digits in the October-December quarter (Q3), but its volume growth is expected to be flat.

Analysts cautious on auto stocks amid uneven recovery

Passenger vehicle OEMs' attempt to catch up to the demand was impacted by production cuts, while demand for two-wheelers and PVs remain weak. Find out if you should chase the rally in auto stocks

Smart proteins gaining interest as meat and dairy alternatives, shows data

Globally, the alternative proteins market is projected to reach $290 billion by 2035

Markets greet new year with euphoric rally; Sensex rises 929 points

The macroeconomic data helped investors overlook the impact of the rising Covid cases and new restrictions imposed by many states

Fund houses line up several passive offerings, shows Amfi data

Market participants say that passive investing will grow even in the current calendar year

Underperformance, growth recovery likely to support banks' rally

Stronger balance sheets and little impact of digital disruption could be the other triggers

Sprightly European stocks greet new year by hitting record high

London's traders were enjoying their final day of festive rest, but mainland Europe saw a lively start

2022: On first trading day, investors' wealth jump over Rs 3.49 trn

Bajaj FinServ emerged as the biggest gainer among the 30-share frontline companies pack, followed by Bajaj Finance, ICICI Bank, Tata Steel and IndusInd Bank

ICICI Prudential AMC launches industry's first auto ETF

The open-ended ETF will track the Nifty auto index and will also more or less reflect the behaviour and performance of the automobile segment

SBI Mutual Fund launches CPSE Bond Plus SDL index fund

The scheme seeks to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error

Global stocks higher after Wall Street ends 2021 with big gain

Global stock markets and US futures were mostly higher Monday on 2022's first trading day after Wall Street ended last year with a double-digit gain. Frankfurt and Paris opened higher while Seoul and India advanced. Hong Kong retreated. Markets in Britain, China, Japan and Australia were closed. Wall Street's benchmark S&P 500 index slipped Friday amid lingering worries about the coronavirus's omicron variant but ended 2021 with an annual gain of 26.9 per cent It remains to be seen to what extent the optimism of the New Year will be reflected in financial markets, said Venkateswaran Levanya of Mizuho Bank in a report. In early trading, Frankfurt's DAX gained 0.8 per cent to 16,010.77 and the CAC 40 in Paris added 0.9 per cent to 7,213.57. On Wall Street, futures for the S&P 500 and the Dow Jones Industrial Average were 0.4 per cent higher. On Friday, the S&P 500 slipped 0.3 per cent and the Dow slid 0.2 per cent. The Nasdaq fell 0.6 per cent. In Asian trading, Hong Kong's .

New year cheer for indices! Sensex above 59K, up 929 pts; Nifty atop 17,600

The gains came even as India's manufacturing activity lost some momentum in December, with the Manufacturing PMI easing to a three-month low of 55.5

TCS gains 4% in three days, hits 13-week high; stock nears record high

In the past three months, TCS (up 2.5 per cent) has underperformed its peers Infosys (up 14 per cent), Wipro (13 per cent) and Tech Mahindra (30 per cent) by a wide margin.

Surya Roshni slips 18% on heavy volumes; APL Apollo down 7% as Q3 sales dip

APL Apollo said Q3FY22 sales volume of 402,729 tons declined QoQ due to channel de-stocking in anticipation of steel price correction and extended monsoons, which impacted the construction activity.

Broad-based mkt rally unlikely in 2022 amid multiple headwinds: Brokerages

They advise investors to focus on quality companies as they list their favourite picks