Page 130 - Stock Market

Rupee strengthens to over one-month high on FPI flows, weak dollar

Indian currency at 1-month high on FPI flows, weak dollar

NSE to move away from non-core business areas: New MD & CEO Chauhan

The NSE MD & CEO made the comments while addressing its investors during the exchange's first-ever quarterly earnings concall

Near-term growth concerns, further price cuts to cap returns for Marico

Further price cuts, higher advertising costs to weigh on margins

MSCI India index rebalancing could stoke Rs 13,000-crore churn

Varun Beverages, Tube Investments, IHCL seen as potential inclusions

White-knuckle volatility forces companies to let IPO approvals lapse

Some firms may blue-pencil valuations because of capital requirement compulsions or for providing exits to their investors. Still others can afford to wait

Select segments within PSU theme could outperform amid economic uptick

Public-sector banks, defence stocks could do well; PSUs exposed to commodities are at risk

Sensex revisits 61K amid upbeat global cues; bank, auto stocks spurt

Rising for the second straight day, the 30-share BSE Sensex ended 234.79 points or 0.39 per cent higher at 61,185.15 after a choppy session

LIVE: Court orders blocking Congress' Twitter for copyright infringement

From Facebook parent Meta's large scale layoffs to Musk's threat to Twitter account impersonators, catch all the live updates from across the globe here

The bogey of Oct Effect: 'Month of market crashes' spooks trading community

The average daily trading volume (ADTV) for the National Stock Exchange's equity cash segment has declined sequentially in seven of the 11 years

Mcap of 7 of top-10 most valued firms rises Rs 1.33 trn; Reliance leads

Seven of the top-10 most valued firms together added Rs 1,33,707.42 crore in market valuation last week amid an overall positive trend in equities, with Reliance Industries emerging as the biggest winner. Last week, the BSE benchmark jumped 990.51 points or 1.65 per cent. Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Infosys, State Bank of India, HDFC and ITC were among the gainers, while ICICI Bank, Hindustan Unilever Limited and Bharti Airtel faced erosion from their market valuation. The market capitalisation (mcap) of Reliance Industries jumped Rs 44,956.5 crore to Rs 17,53,888.92 crore. HDFC Bank added Rs 22,139.15 crore taking its valuation to Rs 8,34,517.67 crore. The market valuation of State Bank of India rallied Rs 20,526.61 crore to Rs 5,29,898.82 crore and that of TCS climbed Rs 19,521.04 crore to Rs 11,76,860.69 crore. HDFC's mcap advanced Rs 16,156.04 crore to Rs 4,52,396.31 crore and that of ITC spurted by Rs 9,861.07 crore to Rs 4,38,538.73 ...

Despite buoyancy in market, stock trading activity declines in October

Cash market turnover fell almost 20% in October as rally take traders by surprise

Vedanta stock slips over dip in commodity prices despite in-line Q2 show

Soft prices of commodities including metals is weighing on investor sentiment

Busiest week for IPOs this year with four offers set to hit market

The last time four IPOs had hit market was in Dec 2021; latest rush notwithstanding, year 2022 has been lukewarm for IPOs with sustained FPI outflows, spike in volatility, correction in broader mkts

Reduce the behaviour gap with a higher exposure to diversified funds

Avoid trying to time entry and exit from funds; hold for at least one complete cycle

Uncertainty on revenue growth, margin outlook hits Gland Pharma stock

The injectable manufacturing company expects the margin pressure to persist due to cost pressures and negative operating leverage.

Nykaa and Policy Bazaar slide as one-year lock-in period nears end

Selling pressure is seen whenever the lock-in period meant for IPO anchor investors ends, particularly in companies backed by private equity investors

Eight of top-10 firms add Rs 2 trn in market valuation; Reliance leads

Eight of the 10 most valued firms together added Rs 2,03,335.28 crore in market valuation last week amid an overall positive trend in equities, with Reliance Industries emerging as the biggest gainer. Last week, the BSE Sensex climbed 1,387.18 points or 2.39 per cent. Barring HDFC Bank and Bajaj Finance, rest eight firms in the top-10 pack witnessed addition in their market valuation. The market capitalisation (mcap) of index heavyweight Reliance Industries jumped Rs 68,296.41 crore to stand at Rs 16,72,365.60 crore. State Bank of India (SBI) added Rs 30,120.57 crore, taking its valuation to Rs 5,00,492.23 crore. ICICI Bank's market valuation climbed Rs 25,946.89 crore to Rs 6,32,264.39 crore and that of Hindustan Unilever Limited (HUL) advanced Rs 18,608.76 crore to Rs 6,23,828.23 crore. Bharti Airtel's valuation grew by Rs 17,385.1 crore to stand at Rs 4,43,612.09 crore. The market valuation of ITC jumped Rs 16,739.62 crore to Rs 4,28,453.62 crore and that of Tata Consultancy

Equity MFs favoured over debt funds despite negative stock mkt returns

The number debt scheme folios down 6% in 12 months to September 2022, equity MF folios have surged 21%; Passive schemes, which includes ETFs and index funds, have grown the fastest at 56%

Electronics Mart soars 42% at close on debut after strong response to IPO

Shares worth Rs 766 crore changed hands on NSE; offering had garnered more than 72x subscription

Sensex up 491 pts, Nifty closes above 17,300 as banking shares advance

Benchmark stock indices Sensex and Nifty closed higher for a second straight session on Monday following buying in index majors Reliance Industries, ICICI Bank and recovery in global markets. The 30-share BSE Sensex jumped 491.01 points or 0.85 per cent to settle at 58,410.98 as 24 of its components advanced. The index opened lower and fell to a low of 57,639.80 in early trade. However, it bounced back in late morning deals and rallied 529.03 points or 0.91 per cent to touch a high of 58,449 points. The broader NSE Nifty climbed 126.10 points or 0.73 per cent to close above the 17,300 level at 17,311.80 with 37 of its constituents ending in the green. "Domestic market started weak in-line with a volatile global market. However, due to buying on dips strategy, the domestic market is recovering well supported by a good start to Q2 earnings season by IT and banks," said Vinod Nair, Head of Research at Geojit Financial Services. Among Sensex shares, State Bank of India, NTPC, Bajaj ...