Page 147 - Stock Market
Global trends to direct stock market movement this week: Analysts
Equity market sentiment this week will be guided by global trends in the absence of any major domestic triggers, while bourses may also see some volatility amid expiry of derivatives contracts
 "Global trends to direct stock market movement this week: Analysts")
Crackdown aftermath: Hang Seng index enters bear market
That extended its weekly loss to 5.8 per cent, the worst showing since March 2020
 "Crackdown aftermath: Hang Seng index enters bear market")
As stock markets surge, focus is on 'insider' selling gathering steam
Selling doesn't necessarily mean that these entities are trying to cash in on the bullish sentiment
 "As stock markets surge, focus is on 'insider' selling gathering steam")
European shares fall 2% on Fed taper fears; commodities slump hits miners
STOXX 600 falls to two-week low; defensive utilities among smallest decliners
 "European shares fall 2% on Fed taper fears; commodities slump hits miners")
Asian stocks slide, dollar climbs as taper and virus fears combine
Commodities were also sold with oil down for a sixth straight session and at three-month lows, while growth bellwether copper fell to a two-month trough
 "Asian stocks slide, dollar climbs as taper and virus fears combine")
World's no. 1 wealth fund, based in Oslo, makes $110 bn as stocks soar
The Oslo-based fund returned almost 14% on stocks, with energy investments up nearly 20%, it said on Wednesday
 "World's no. 1 wealth fund, based in Oslo, makes $110 bn as stocks soar")
Securities tax mop-up at 70% of Budget target amid market rally
The STT is a direct tax payable on the value of taxable securities transactions done through a stock exchange
 "Securities tax mop-up at 70% of Budget target amid market rally")
With boom in equity markets, aggressive hybrid funds gain currency
Over the past year, the aggressive hybrid category has given average returns of 41%
 "With boom in equity markets, aggressive hybrid funds gain currency")
Mutual funds went big on IPOs: Here're the top buys and sells in July
Among the prominent buys in the mid-cap space were Indraprastha Gas (Rs 942 crore), Aditya Birla Fashion (Rs 272 crore) and Emami (Rs 227 crore)
 "Mutual funds went big on IPOs: Here're the top buys and sells in July")
Street signs: Buy the dips, sell rallies, HNIs look to break even & more
A fall below 16,320 could drag the market to 16,150-16,000 levels
 "Street signs: Buy the dips, sell rallies, HNIs look to break even & more")
Bulls take Sensex past 55,000, index rallies 600 pts as heavyweights gain
The latest positive global sentiment has helped the markets shrug off the underwhelming June quarter results, earnings downgrades, and the possibility of further downgrades
 "Bulls take Sensex past 55,000, index rallies 600 pts as heavyweights gain")
No plan for IPO as of now, says Bajaj Allianz Life Insurance CEO
The Pune-headquartered life insurer has been topping industry growth chart for long
Investors richer by Rs 3.5 trn as markets rally to new record highs
Investors' wealth jumped Rs 3,48,431.23 crore as the market rally continued for the second straight session on Friday, with the BSE Sensex closing above the 55,000-mark for the first time. The 30-share BSE benchmark gained 593.31 points or 1.08 per cent to close at 55,437.29. During the day, it rallied 643.81 points to its intra-day lifetime record of 55,487.79. On Thursday, the benchmark had closed 318.05 points or 0.58 per cent higher. Following the two-day rally in equities, the market capitalisation of BSE-listed companies climbed Rs 3,48,431.23 crore to reach its all-time high of Rs 2,40,23,280.14 crore. "Enthusiastic retail participation has given momentum to the market enabling it to reach higher levels. Also, the rally has global support with the Dow and S&P 500 setting new records. "A healthy feature of today's rally is that it is led by high-quality blue-chips in performing sectors like IT, financials and telecom," said V K Vijayakumar, Chief Investment Strategist at ...
 "Investors richer by Rs 3.5 trn as markets rally to new record highs")
Indian shares rise on energy gains; investors focus on inflation data
Indian shares opened slightly higher on Thursday, driven by energy shares, with investors eyeing domestic retail inflation data for July due later in the day.
 "Indian shares rise on energy gains; investors focus on inflation data")
Weary of corporate scandals, Indian fund managers outperform foreign rivals
An equal-weighted basket of Indian stocks with high domestic MF ownership and low foreign ownership outperforms a basket with the reverse profile.
 "Weary of corporate scandals, Indian fund managers outperform foreign rivals")
Manappuram Finance stock falls 12% over steep decline in QoQ profit
The company missed Street expectations due to lower net interest income (NII)
 "Manappuram Finance stock falls 12% over steep decline in QoQ profit")
Near-term pressures for Motherson Sumi due to supply disruptions
Margin trajectory at international subsidiaries remains key trigger for the stock
 "Near-term pressures for Motherson Sumi due to supply disruptions")
Options volume hits record high; forms 97% of F&O contracts traded in FY22
The margin requirement for the futures segment has risen substantially after the introduction of peak margin norms last year
The rising tide
Markets are booming but high valuations can be a spoilsport
Large-cap stocks back in the lead; Sensex up 3.7% this month
Sensex is up 3.7% this month, while mid-, small-cap indices are down 1.4% and 2.7%, respectively