Page 8 - Stock Market Correction
Paytm hits 2nd straight 20% lower circuit post RBI curbs; downgrades weigh
The RBI on Wednesday restricted Paytm Payment Bank from taking fresh deposits and credit transactions across its services due to non-compliance of regulations and supervisory concerns.
 "Paytm hits 2nd straight 20% lower circuit post RBI curbs; downgrades weigh")
Sensex soars 359pts, Nifty tops 21,250 amid broad buying; Inox India up 41%
Closing Bell on Thursday December 21: In the broader markets, the BSE MidCap and SmallCap indices outpaced frontline indices as they climbed 1.6 per cent and 1.69 per cent, respectively
 "Sensex soars 359pts, Nifty tops 21,250 amid broad buying; Inox India up 41%")
Sensex, Nifty in a downward spiral. Are the markets in an oversold zone?
The S&P BSE Sensex has lost nearly 3 per cent thus far in October, and down almost 6 per cent from its 52-week high level of 67927.23 hit on September 15, 2023.
 "Sensex, Nifty in a downward spiral. Are the markets in an oversold zone?")
FMCGs extend fall on RBI's warning of higher inflation; more pain on cards?
Barring Varun Beverages that reached a new all-time high and Colgate Palmolive (India), other FMCG stocks trade fragile.
 "FMCGs extend fall on RBI's warning of higher inflation; more pain on cards?")
D-Mart, HUL: These bull riders have dipped below 200-SMA as markets tumble
Hindustan Unilever to hit new 52-week low if the support of Rs 2,520 is breached
 "D-Mart, HUL: These bull riders have dipped below 200-SMA as markets tumble")
Indian markets may underperform in 2023; buy the dips: CJ George
The direct investment in the cash segment by retail investors continues to be muted
 "Indian markets may underperform in 2023; buy the dips: CJ George")
6 out of 10 Adani group stocks locked at 5% lower circuit in firm market
The Central government has agreed to form an expert committee to strengthen the regulatory regime in order to ensure that market investors are protected.
 "6 out of 10 Adani group stocks locked at 5% lower circuit in firm market")
Sell-off in Adani, bank stocks turn investors poorer by Rs 11 trn in 2 days
The sell-off in Adani Group firms has wiped out $45 billion of investors' wealth over the last two sessions after Hindenburg Research alleged "brazen stock manipulation"
 "Sell-off in Adani, bank stocks turn investors poorer by Rs 11 trn in 2 days")
Red-hot market runs into resistance zone; investors may book profits
Following a sharp bounce in the market off its June lows, analysts have cautioned investors, seeing that the Nifty valuation premium has gone past 10% to its 10-year historical average
 "Red-hot market runs into resistance zone; investors may book profits")
How should MF investors deal with a stock market correction?
When stock markets correct, investors exit -- thinking he or she would re-enter when it is all over. This is called 'market timing'. This is not recommended, as no one can pull it off consistently
 "How should MF investors deal with a stock market correction?")
1 in 3 Nifty500 stocks are down 25% YTD; 15 have halved their 2022 gains
A total of four stocks -- Dhani Services, Brightcom Group, Indiabulls Real Estate and Solara Active Pharma Sciences -- have been butchered more than 60 per cent
 "1 in 3 Nifty500 stocks are down 25% YTD; 15 have halved their 2022 gains")
Nifty 500: 350 stocks below 200-DMA; ACC, Hero Moto, HUL new additions
Over 10 stocks slipped below their 200-DMA on Tuesday after the Nifty50 broke below its sentimentally important level of 16,400, while the Sensex lingered near 55,000-mark
 "Nifty 500: 350 stocks below 200-DMA; ACC, Hero Moto, HUL new additions")
Sensex crashes 1,100 points: Top 4 factors rattling investors' sentiment
US inflation data, possibility of aggressive rate hikes, record low rupee, and intense selloff by foreign portfolio investors are among the key factors that thumped stocks lower
 "Sensex crashes 1,100 points: Top 4 factors rattling investors' sentiment")
Equity markets are headed towards a bear phase: Mark Matthews, Julius Baer
Business Standard's Puneet Wadhwa speaks to Mark Matthews, head of research for Asia at Julius Baer to get his views on the road ahead for global equity markets as they adjust to rising interest rates
 "Equity markets are headed towards a bear phase: Mark Matthews, Julius Baer")
In no hurry to add to India position; buy only on a dip: Chris Wood
Given the macro headwinds - the need to tighten monetary policy combined with the risk of a much higher oil price, are the key reasons Wood has been in no hurry to add to the 'overweight' position
 "In no hurry to add to India position; buy only on a dip: Chris Wood")
Nifty IT dips 3%; Coforge, LTI fall up to 9%; here's what's worrying Street
According to analysts, IT companies have lost their sheen after March quarter results highlighted slowdown in deal momentum, and margin pressure
 "Nifty IT dips 3%; Coforge, LTI fall up to 9%; here's what's worrying Street")
Sensex slides 871 pts in two days: Key factors spooking the markets
Rising bond yields, fears of aggressive rate hikes by global central banks, and Covid-19 scare in China are among the key pain-points for investors
 "Sensex slides 871 pts in two days: Key factors spooking the markets")
New-age businesses have expanded market opportunity: Vinit Sambre, DSP
DSP Mutual Fund is overweight on Banks as we believe they are adequately capitalised
 "New-age businesses have expanded market opportunity: Vinit Sambre, DSP")
Market correction a chance to allocate more to equities, albeit gradually
Don't bet excessively on gold based on its recent rally as an early end to the Russia-Ukraine war could bring it to a halt
 "Market correction a chance to allocate more to equities, albeit gradually")
Auto is an extremely attractive contrarian bet: Shiv Sehgal, Edelweiss
Despite the correction, our valuations relative to other emerging markets (EMs) haven't yet come off. Thus, FIIs are a bit cautious
 "Auto is an extremely attractive contrarian bet: Shiv Sehgal, Edelweiss")