Page 111 - Stock Market
Why individual investors' share in mutual funds assets is surging
Nearly six rupees out of every ten in individual MF investments are in equity schemes
 "Why individual investors' share in mutual funds assets is surging")
 "10 Best Stock Market Training Institutes in India")
$590 bn rally since March faces earning reports, retail pull back tests
Key gauges in India hit records in July on bets that Asia's third-biggest economy will stage a strong recovery even with elevated policy rates
 "$590 bn rally since March faces earning reports, retail pull back tests")
Stock of this power generation company has zoomed over 8500% since 2021
Thus far in the calendar year 2023, the stock zoomed has 148% as compared to a 7% rise in the S&P BSE Sensex
 "Stock of this power generation company has zoomed over 8500% since 2021")
Sensex ends range-bound session 274 pts up; financials weigh, IT, RIL gain
CLOSING BELL ON JULY 11, 2023: The NSE Nifty ended 84 points or 0.4 per cent higher, while the Bank Nifty and Nifty Financial Services declined 0.2 per cent and 0.4 per cent, respectively on Tuesday.
 "Sensex ends range-bound session 274 pts up; financials weigh, IT, RIL gain")
HCL Tech revenue, profit may rise 15% YoY in Q1FY24; ER&D segment to be hit
HCL Tech Q1FY24 result: On a QoQ basis, its Q1 revenue may grow 1 per cent while net profit could drop 4 per cent
 "HCL Tech revenue, profit may rise 15% YoY in Q1FY24; ER&D segment to be hit")
TCS Preview: Wage hikes to erode margin in Q1FY24; PAT may drop 3.3% QoQ
TCS Q1 result preview: The weakness comes on account of a worsening demand environment, which is leading to cancellation and delay in projects, a longer sales cycle and slower revenue conversion
 "TCS Preview: Wage hikes to erode margin in Q1FY24; PAT may drop 3.3% QoQ")
Kalyan Jewellers extends rally on strong Q1 biz update; zooms 59% in 1 mth
In the past week, the stock has rallied 18 per cent after the company reported over 30 per cent consolidated revenue growth for the June quarter (Q1FY24)
 "Kalyan Jewellers extends rally on strong Q1 biz update; zooms 59% in 1 mth")
Akzo Nobel India surges 5%, hits record high on steady growth outlook
In the past one month, the stock has outperformed the market by gaining 12 per cent as compared to a 4.4 per cent rise in the S&P BSE Sensex
 "Akzo Nobel India surges 5%, hits record high on steady growth outlook")
RIL up 4%; sets July 20 as record date for share allotment in Jio Financial
Under the arrangement, shareholders of RIL will get one share each of Reliance Strategic Investment (RSIL) for every one share held in RIL as of the record date
 "RIL up 4%; sets July 20 as record date for share allotment in Jio Financial")
There's more pain ahead for S&P 500 as profit warnings loom, say investors
The biggest negative for the earnings season will be the impact of further tightening of financial conditions, said 42% of respondents
 "There's more pain ahead for S&P 500 as profit warnings loom, say investors")
After strong Q1 performance, outlook remains robust for Titan Company
But valuations rich after the run-up in the last three months
 "After strong Q1 performance, outlook remains robust for Titan Company")
Hawkish signals by US Fed end domestic market's eight-day winning streak
Nifty falls nearly a per cent after adding 4.5% in the last eight trading sessions
 "Hawkish signals by US Fed end domestic market's eight-day winning streak")
Sensex sinks 505 pts, Nifty gives up 19,350 amid global weakness; PSBs soar
Closing Bell on July 7, 2023: PowerGrid, IndusInd Bank, HUL, NTPC, Bajaj Finance, HCL tech, Tech M, L&T, Asian Paints, ICICI Bank, ITC, Kotak Bank, Infosys, and HDFC twins declined up to 3 per cent
 "Sensex sinks 505 pts, Nifty gives up 19,350 amid global weakness; PSBs soar")
India's demat tally tops 120 mn; June additions highest in 13 months
Benchmarks Sensex and Nifty50 logged fourth straight monthly gain in June, their longest since October 2021
 "India's demat tally tops 120 mn; June additions highest in 13 months")
Hind Zinc rallies 8%; board to consider interim dividend for FY24 on July 8
The record date for the eligibility of interim dividend payment, if any, will be Saturday July 15, 2023, Hindustan Zinc said in a filing
 "Hind Zinc rallies 8%; board to consider interim dividend for FY24 on July 8")
JBM Auto cracks 15% as investors book profit after a 51% rally in 12 days
In the last session on July 5, JBM Auto had hit a 52-week high of Rs 1,517.5 per share. On a year-to-date basis, the share has more than doubled investors' wealth with a whopping rally of 190%
 "JBM Auto cracks 15% as investors book profit after a 51% rally in 12 days")
Hero MotoCorp surges 9% in 2 days; drives past TVS Motor in mcap ranking
At 12:58 PM; Hero MotoCorp's m-cap stood at Rs 63,076 crore as compared to TVS Motors's m-cap of Rs 62,000 crore, the BSE data shows
 "Hero MotoCorp surges 9% in 2 days; drives past TVS Motor in mcap ranking")
Tata Comm: Upsides in stock limited given execution challenges, valuations
Sharp rally and integration/execution challenges may cap upsides for the stock
 "Tata Comm: Upsides in stock limited given execution challenges, valuations")
Samvardhana Motherson surges 8% on deal to acquire Honda's 4W component biz
As a part of the overall transaction, the 2W business (housed under Goshi Giken) will be transferred to Honda Motor before Motherson acquires 81 per cent stake in Yachiyo's 4W business
 "Samvardhana Motherson surges 8% on deal to acquire Honda's 4W component biz")