Page 153 - Stock Market

AMC stock extends surge as Reddit's retail frenzy reaches new heights

The movie-theater chain has a market value of more than $30 billion, making it more valuable than at least half of the companies in the S&P 500 Index.

Indices end flat for the second straight session; ITC skids post results

After dropping to a low of 51,450.58 in late afternoon trade, the BSE Sensex clawed back lost ground to finish 85.40 points or 0.16 per cent down at 51,849.48

Decoding the stock market rally to new highs despite Covid pandemic

Momentum indicators suggest the market will keep running up until there is adverse news-flow; corrections as and when they come will be deep

Gold's momentum is with the bulls after best month since July

Bullion wiped out losses made earlier this year with a 7.8 per cent advance over May amid signs of accelerating inflation

Global stocks hit record high, India takes breather; ICICI Bank falls 1.8%

The MSCI World Equity index rose 2.4 points, or 0.34 per cent, to 713.85, marking a new record high

Don't overpay for a stock on growth hopes, go for a value fund: Experts

Investors should diversify into value funds, where managers look for margin of safety

Best of BS Opinion: Distant thunder in world economy, rocket rupee & more

Here are the best of Business Standard's opinion pieces for Monday

Statsguru: Six charts explain India's $3-trn market cap cheer amid Covid-19

The ratio of the value of all companies in the stock market to the size of the Indian economy is now in excess of 100 per cent

The rocket rupee

It does feel like we are close to the end of the rupee's rally, says Jamal Mecklai

MPC, macro data, Covid-19 to dictate market trends this week: Analysts

The MPC's interest rate decision, a host of macroeconomic data announcements, Covid-19 trends and global factors would be the major highlights in the equity market this week, analysts said

Nifty50 index likely to scale 16,000 in Q2, say technical analysts

Experts said the performance of banking and energy stocks, mainly Reliance Industries, will be the key for the market to hold on to current levels

Opinion divided on SPAC-tacular route for foreign listing of start-ups

The country's first big-ticket SPAC listing of ReNew Power is already underway, with investors being brought in, and is expected to be listed sometime in the early third quarter of this year

Rising markets boost infra scheme returns to 85% on average past one year

Industry players see this theme doing well going forward due to green shoots in some segments on the economy and govt's infra thrust

Nifty closes in on fresh record high; Sensex ends 14 pts higher at 50,637

Asian Paints was the top gainer in the Sensex pack, advancing over 3 per cent, followed by Titan, Bajaj Finserv, ONGC, Infosys and TCS

India is first pick among Asia emerging markets for Morgan Stanley

The earnings momentum has been quite resilient and the policy momentum quite focused towards improving the infrastructure and attractiveness in the global supply chain: Daniel Blake of Morgan Stanley

Increased sustainability disclosures to give leg-up to ESG funds

Six out of ten domestic funds with an ESG mandate were launched in the financial year 2020-21 (FY21), noted the May 24 Kotak Securities Strategy report

Amara Raja Batteries stock falls 6.5% in intraday trade on block deals

The decline was mainly on account of nearly 30 million equity shares of the battery maker changing hands.

India pips Germany into the $3-trillion market capitalisation club

India currently ranks eighth on the table of most-valued equity markets, ahead of Germany which has a market cap of $2.8 trillion

M-cap of BSE-listed companies at record $3 trillion: Thank broader rally

Share of top 100 firms on the exchange in m-cap falls to 67.3%; analysts advise caution

Market cap of BSE-listed companies hits $3 trillion for the first time

This is a remarkable feat, considering it had slipped below $1.5 trillion in March 2020 at the peak of the Covid-induced sell-off