Page 168 - S&p Bse Sensex

Animal spirits? Chris Wood surprised by resilience of Indian stock market

Further evidence of economic resilience and animal spirits, according to Wood, is continuing strong goods and services tax (GST) revenues and buoyant retail sales

Devyani International tanks 7% after over 2% equity traded via block deals

At 09:15 am, around 28.95 million equity shares representing 2.4 per cent of the total equity of the company changed hands on the BSE, the exchange data shows.

Are FMCG companies eyeing better margins ahead?

The consumer basket in India has been adversely affected due to the high food inflation and weak macro environment. However, easing commodity prices is expected to ease margin woes of FMCG companies

FOMO or attractive valuation? What drew FIIs back to Indian equities?

The change in their stance, analysts said, stems from the hope that the global central banks, especially US Fed may go soft on rate hikes as inflation cools off over the next few months.

IRCTC gains 3% on data monetisation plan; analysts see more upside

The Indian Railways ticketing arm aims to raise up to Rs 1,000 crore through this exercise; The stock is now within striking distance of its 200-DMA

Sensex on track to hit 65,000 in the medium-term, charts show

As per the technical charts, the Sensex has crossed two big crucial levels of 58,500 and 59,800. This scenario is likely to trigger a fresh rally that can see the index cross the last all-time high

Sensex reclaims 60,000 mark. What should your market strategy be now?

On their part, technical analysts see the Nifty is hit 18,100-18,200 levels before it makes any major attempt to reverse. However, this journey, they caution, can see intermittent corrections

Stocks to Watch: Cipla, NTPC, Adani group, SBI Cards, Hind Zinc, Nxtdigital

Stocks to Watch: ICICI Securities, Axis Capital and Citigroup Global Markets are among the 5 investment bankers selected to manage the sale of the government's 29.53% residual stake in Hindustan Zinc

HDFC AMC surges 12% after nearly 6% equity change hands on BSE

At 09:55 am, around 11.96 million equity shares representing 5.61 per cent of total equity of HDFC AMC changed hands on the BSE, the exchange data shows.

EPFO made over Rs 67,000 crore from exchange-traded funds, shows data

Annual ETF investments of nearly Rs 36,000 cr on average since 2019-20

Markets are now pricing in 50bps US Fed rate cut in 2023: Chris Wood

The US Fed raised the target range for the federal funds rate by another 75 bps to 2.25-2.50 per cent in its July meeting. The FOMC statement has downgraded its assessment of the economic situation

Worst of inflation behind us; mkt recovery to continue: Emkay's Sachin Shah

The two big challenges of inflation and aggressive FII selling are behind us, believes Sachin Shah, Fund Manager, Emkay Investment Managers

Stocks to Watch: Dabur, Wipro, IndiGo, Vodafone Idea, Adani Wilmar, Sugar

Stocks to Watch today: Britannia Industries, GAIL, Adani Enterprises, LIC Housing Finance, and Dabur India will be on the radar ahead of their Q1 results.

Stocks to Watch: ITC, Zomato, Eicher Motors, Hero Moto, Voltas, Telcos

Stocks to Watch today: Cigarettes-to-hotels major ITC on Monday reported a 33.98 per cent year-on-year (YoY) jump in its consolidated net profit, which came in at Rs 4,389.76 crore

Stocks to Watch: YES Bank, Cipla, Bank of Baroda, Zomato, HDFC, ITC, NTPC

Stocks to Watch today: ITC, UPL, Zomato, Arvind, Bajaj Consumer Care, among others will release their Q1 earnings today.

Analysts expect FII flows to Indian equities to pick up in H2

However, analysts do caution against intermittent phases of withdrawals by FIIs given macro-economic developments across major world economies

Shoppers Stop surges 11%, hits 52-week high on healthy Q1 results

Returning mobility and higher ticket purchases led by the pent-up demand will likely drive retail spending over the coming months, the company said

Earnings impact: eMudhra hits record high, surges 26% in two trading days

Revenue from operations registered a strong growth primarily led by increase in Enterprise Solution business especially in international markets which grew by 140 per cent YoY.

Gokaldas Exports extends rally, up 8% in two days post June quarter results

Despite near term headwinds, the management anticipate good growth in FY23 and a surge from FY24.

Zomato tanks 14%, hits new low as lock-in for pre-IPO investors ends

That apart, according to Reuters, Domino's Pizza India franchise to consider taking some of its business away from popular food delivery apps, Zomato and Swiggy, if their commissions rise further.