Page 584 - Markets
Infosys Q1 preview: PAT likely to grow 27-30% YoY; may up FY22 guidance
Infosys' outlook will be key to watch, with many brokerages penciling in a rise in the company's FY22 revenue guidance
 "Infosys Q1 preview: PAT likely to grow 27-30% YoY; may up FY22 guidance")
Brightcom Group rallies ahead of preferential issue, zooms 174% in a month
Brightcom Group had signed a LOI to acquire a digital marketing services company based out of India with 1100 employees and premium clients such as Netflix, Disney, Bitly, Hulu and The New York Times
 "Brightcom Group rallies ahead of preferential issue, zooms 174% in a month")
Zomato's grey market premium is on a steady decline; here's why
Zomato shares were trading at a premium of 10 per cent in the grey market
 "Zomato's grey market premium is on a steady decline; here's why")
SML Isuzu, Force Motors rally up to 47% so far in July on robust June sales
SML Isuzu rallied 15 per cent to Rs 692 in the intra-day trade today and has surged 38 per cent in the past two trading days
 "SML Isuzu, Force Motors rally up to 47% so far in July on robust June sales")
Ashoka Buildcon gains 5% on receiving LOA from NHAI for Rs 726 cr project
The company has received letter of acceptance from NHAI for development of Memmadpur (Ambala) - Banur (IT City Chowk) - Kharar (Chandigarh) Corridor for a bid price of Rs 726 crore
 "Ashoka Buildcon gains 5% on receiving LOA from NHAI for Rs 726 cr project")
Osho Krishan of Anand Rathi is bullish on these 3 stocks. Do you own any?
FDC is in secular uptrend and is in the cycle of higher highs higher lows suggesting inherent strength in the counter
 "Osho Krishan of Anand Rathi is bullish on these 3 stocks. Do you own any?")
Stocks to watch: Mindtree, Vodafone Idea, RIL, IDBI Bank, Shilpa Medicare
Mindtree, Tata Metaliks, Deccan Health Care, Shree Ganesh Remedies and WS Industries are among eight companies that will release quarterly earnings today
 "Stocks to watch: Mindtree, Vodafone Idea, RIL, IDBI Bank, Shilpa Medicare")
Zomato IPO: Subscribe for listing gains, suggest brokerages
Zomato IPO is set to be a watershed moment in the Indian internet space, Jefferies said in a note
 "Zomato IPO: Subscribe for listing gains, suggest brokerages")
Market Wrap Podcast, July 12: Here's all that happened in the markets today
Sectorally, the realty stocks were in demand with the Nifty Realty index hitting all-time high of 382.25 in intraday session
 "Market Wrap Podcast, July 12: Here's all that happened in the markets today")
Stock brokers body urges Sebi to reduce peak margin to 50% from 75%
Stock brokers' association Anmi on Monday said it has requested markets regulator Sebi to reduce peak margin for intraday trades to a maximum of 50 per cent
 "Stock brokers body urges Sebi to reduce peak margin to 50% from 75%")
Covid: Delta variant upsurge keeps equity and commodity bulls in check
Markets are also jittery at the start of an eventful week that will see the US second-quarter earnings season kick off
 "Covid: Delta variant upsurge keeps equity and commodity bulls in check")
610 stocks freeze at upper circuits; Siyaram Silk, SML Isuzu zoom 20%
Siyaram Silk Mills, SML Isuzu, Kitex Garments, Ujjivan Financial Services and Equitas Holdings from the S&P BSE Allcap index were locked 20 per cent upper circuit on the BSE
 "610 stocks freeze at upper circuits; Siyaram Silk, SML Isuzu zoom 20%")
Sensex fluctuates 491 pts, ends 13 pts down; realty stocks rally; IT slide
The broader markets, on the flipside, outperformed the benchmarks with the BSE MidCap and SmallCap indices rallying 0.40 per cent and 0.75 per cent, respectively
 "Sensex fluctuates 491 pts, ends 13 pts down; realty stocks rally; IT slide")
Page Industries surges 6%, hits over two-year high
In anticipation of growing demand post the pandemic, the company said it will continue to invest in increasing its installed capacity
Analysts see up to 40% downside in Damani's Avenue Supermarts; here's why
Expensive valuations, risk of a moderation in growth, and the presence of deep pocket players like Amazon and Reliance Retail restricts the near-term upside
 "Analysts see up to 40% downside in Damani's Avenue Supermarts; here's why")
Federal Bank gains 6% as RBI approves re-appointment of Shyam Srinivasan
The brokerage firm Motilal Oswal Financial Services said it sees this as a positive development as it addresses a key overhang on the management continuity
 "Federal Bank gains 6% as RBI approves re-appointment of Shyam Srinivasan")
BSE Realty index hits over 10-year high; Indiabulls Realty soars 14%
Mahindra Lifespace, Suntech Realty, Godrej Properties, Oberoi Realty, Prestige Estate and DLF were up between 3% and 11% on the BSE
 "BSE Realty index hits over 10-year high; Indiabulls Realty soars 14%")
Cement shares in demand; UltraTech, Ambuja, Dalmia Bharat hit new highs
In the past one month, shares of Dalmia Bharat, JK Lakshmi Cement, Ramco Cement and Ambuja Cement have rallied between 11 per cent and 19 per cent
 "Cement shares in demand; UltraTech, Ambuja, Dalmia Bharat hit new highs")
Kitex Garments hits 52-week high, zooms 50% in three days
The company plans to invest Rs 1,000 crore in Telangana
 "Kitex Garments hits 52-week high, zooms 50% in three days")
RBI allows SFBs to merge with holding cos; Ujjivan, Equitas Holdings up 20%
The Reserve Bank of India has allowed small finance banks (SFBs) and respective holding companies to apply for the Amalgamation scheme
 "RBI allows SFBs to merge with holding cos; Ujjivan, Equitas Holdings up 20%")