Page 95 - Stock Market

40% wealth and pension funds prefer India over China, shows study

Almost 40% of investors chose India as the most attractive emerging market, while less than a quarter selected China in a survey

Safe IPO investments, private jet boom: Top personal finance stories

Instead of getting carried away by hype, investors must do a rational assessment of these offerings to determine if they are better bet than sector peers already available in secondary market

Tata Tech lists at 140% premium; Should you buy, sell or hold the stock?

The handsome gains were expected due to the robust demand for the IPO, which was subscribed 69 times against the shares on offer

Indian markets hit historic $4 trn market cap milestone for the first time

With a market cap of almost $48 trillion US is by-far the world's largest equity market. Followed by China ($9.7 trillion) and Japan ($6 trillion)

Adani Group stocks add $15 billion in best day since Hindenburg report

The jump added more than $15 billion to the ports-to-power conglomerate's market value, the most since Hindenburg Research in its Jan. 24 report

HDFC Securities launches mobile trading app HDFC SKY on AWS cloud

Amazon Web Services (AWS) on Monday said HDFC Securities, which is among the leading investment service providers in India, has launched its mobile trading app, HDFC SKY on the AWS cloud. With AWS, HDFC Securities is expected to reduce its annual IT infrastructure and management costs by up to 50 per cent as compared to using on-premises infrastructure. AWS, Amazon's cloud computing unit, has recently outlined plans to invest USD 12.7 billion in cloud infrastructure in the country by 2030 as it looks to meet growing customer demand for cloud services. "AWS, an Amazon.com company, announced today that HDFC Securities Ltd., one of the leading investment service providers in India, launched its new mobile trading app, HDFC SKY, on the world's most comprehensive and broadly adopted cloud," according to the release on Monday. With AWS India as its preferred cloud provider, HDFC Securities is providing a secure and low-latency trading service for the growing number of tech-savvy retail .

Global factors to drive stock markets in holiday-shortened week: Analysts

Stock markets will be largely driven by global trends and macroeconomic data announcements in a holiday-shortened week which may see volatility amid monthly derivatives expiry, say analysts. Equity markets will remain closed on Monday for Gurunanak Jayanti. Trading activity of foreign investors and the movement of the rupee against the dollar will also be tracked by investors. "While global cues are relatively muted, market participants will closely monitor movements in crude oil prices, US bond yields, and the dollar index," said Santosh Meena, Head of Research, Swastika Investmart Ltd. From the domestic macroeconomic front, the GDP data for the July-September quarter will be released on Thursday and the PMI (Purchasing Managers' Index) data for the manufacturing sector is scheduled to be announced on Friday. Auto companies would remain in the limelight amid monthly sales data announcements. "Markets will focus on the global and domestic macroeconomic data. Auto stocks will be i

Market share gains, margins and store network expansion to support Titan

Valuations may continue to trade at a premium

Market share gains, margins and store network expansion to support Titan

The company delivered a better than expected performance in Q2FY24 on the back of healthy revenue growth and expansion in operating profit margins

BSE, CDSL, KFin Tech: Rally in exchange-related stks may halt, say analysts

BSE, CAMS, CDSL, KFin Tech: With market buoyancy to keep up the pace, the long-term view remains robust, but there is likely not much upside in the medium-term after the recent gains, analysts said

Indian stock market set to hit new highs in 2024 as economy hums: Poll

The benchmark BSE Sensex index touched an all-time high of 67,927.23 in September, recording the longest streak of gains in 16 years

Here's why the world's most loved-emerging market is feeling jittery

Where India has stood apart from most other emerging markets is in delivering high economic growth - 6 per cent-plus expected in 2023 and 2024, according to the International Monetary Fund

Markets end with modest gains, Sensex up 92.47 points in volatile trade

In a choppy session, the 30-share BSE Sensex climbed 92.47 points or 0.14 per cent to settle at 66,023.24. During the day, it fell to a low of 65,664.85 and touched a high of 66,063.43

Investors make a beeline as five IPOs hit market; most oversubscribed

Some believe the secondary market performance could be subdued in the immediate term as the five IPOs are expected to block liquidity until mid next week

Stocks set to hit new highs in 2024 by over 10% as economy hums: Poll

The benchmark BSE Sensex index touched an all-time high of 67,927.23 in September, recording the longest streak of gains in 16 years

Domestic brokerage Prabhudas Lilladher sets 12-month Nifty target 22,584

"Nifty is not in a bubble zone as it is trading at a 17.2 per cent discount to the 10-year average which provides comfort," said Amnish Aggarwal, head of research at Prabhudas Lilladher

Tata Tech IPO fully subscribed within minutes of opening for subscription

The Initial Public Offer (IPO) of Tata Technologies, which provides engineering and product development digital services, was fully subscribed within minutes of opening for subscription on Wednesday. The Rs 3,042.5 crore IPO received bid for 8,73,22,890 shares against 4,50,29,207 shares on offer, translating into 1.94 times subscription as per NSE data till 11:21 hrs. The category for non-institutional investors was subscribed 2.72 times while the quota for Qualified Institutional Buyers (QIBs) received 1.98 times subscription. The portion for Retail Individual Investors (RIIs) got subscribed 1.63 times. Tata Technologies, an arm of Tata Motors, on Tuesday said it has collected Rs 791 crore from anchor investors. This is the first company from Tata Group to float an initial public offer in nearly two decades. Tata Consultancy Services was the last IPO from the group in the year 2004. The public issue, with a price band of Rs 475-500 per share, will conclude on November 24. Tata .

DCX Systems hits new high; stock zooms 27% in 1 week on fund raising plan

DCX Systems has bounced 162 per cent from its 52-week low level of Rs 138.90 touched on March 28

Insider selling sparks bullish signal in distorted Indian stock market

By reducing their stakes in companies they founded or manage, insiders are creating space for local and foreign institutional investors to amass kind of sizable positions

India Inc net profit share in GDP now just shy of 5% after robust Q2

Morgan Stanley believes that strong earnings growth relative to GDP growth is one of the five key drivers underpinning "India's structural bull market"