Page 46 - Stock Markets
Heavyweights lift benchmarks; Sensex less than 1% away from all-time high
Shares of oil marketing companies fell close to a per cent, while oil producer ONGC gained 0.5 per cent, while RIL gained 0.9 per cent
 "Heavyweights lift benchmarks; Sensex less than 1% away from all-time high")
Indo Count hits 16-month high; surges 36% in four days on strong Q4 results
The stock price witnessed a healthy recovery in anticipation of gradual restocking by global retailers (home textile was the worst impacted) and India's market share gain in US bedsheet
 "Indo Count hits 16-month high; surges 36% in four days on strong Q4 results")
Indices end week in the green after US averts default; Sensex up 119 points
Strong May sales saw automobile stocks outperform on Friday. Maruti and Mahindra & Mahindra gained 1.73 per cent and 1.7 per cent, respectively
 "Indices end week in the green after US averts default; Sensex up 119 points")
Stocks to watch: Adani Ports, NMDC, HDFC Life, Apollo Hospitals, PTC Inds
Stocks to watch on May 31, 2023: From Adani Ports to Sun Pharma, here are top stocks to watch in Wednesday's trading session
 "Stocks to watch: Adani Ports, NMDC, HDFC Life, Apollo Hospitals, PTC Inds")
Despite RBI red flag, unauthorised e-trading platforms just a click away
Alert list prompted a back-and-forth communication between FinMin and MeitY to take down the apps from Play Store. However, no government agency issued blocking orders
Optimism on the Street: Nifty Bank hits new record as indices gain
With banking stocks leading the gains, the Bank Nifty hit a new high of 44,375 points, a gain of 357 points or 0.8 per cent
 "Optimism on the Street: Nifty Bank hits new record as indices gain")
Greaves Cotton sinks 10% as govt seeks to remove EV arm from FAME-2 scheme
The govt said that Greaves Electric Mobility failed to adhere to Phased Manufacturing Programme guidelines, hence it will need to return the subsidy of about Rs 124 cr claimed under the FAME-II scheme
 "Greaves Cotton sinks 10% as govt seeks to remove EV arm from FAME-2 scheme")
Rakesh Jhunjhunwala's portfolio up 11% thus far in FY24; beats markets
At an aggregate level, Jhunjhunwala's portfolio that was valued at Rs 32,445 crore as on March 31, 2023 is now worth Rs 35,979 crore
 "Rakesh Jhunjhunwala's portfolio up 11% thus far in FY24; beats markets")
Benchmark equity indices rise for second day on gains in RIL, IT stocks
The broader NSE Nifty rallied 111 points or 0.61 per cent to end at 18,314.40 with 34 of its constituents closing with gains and 15 closing lower while one settled unchanged
 "Benchmark equity indices rise for second day on gains in RIL, IT stocks")
Nexus Select Trust, country's first pure-play REIT, rises 4% on debut
Firm's IPO was subscribed 5.4x, units were proced at Rs 95-100 a share
 "Nexus Select Trust, country's first pure-play REIT, rises 4% on debut")
Sensex ends 372 pts lower, trims losses in late deals; Smallcaps outperform
Stock market live on May 17, 2023: Asian trade was mixed this morning with Nikkei up 0.6 per cent as Japan's economy grew 1.6 per cent YoY in Q1, above expectations of a 0.7 per cent growth
 "Sensex ends 372 pts lower, trims losses in late deals; Smallcaps outperform")
Oberoi Realty dips 6% as sales value drops 27% YoY in Jan-Mar quarter
Adjusted profit after tax at Rs 300 crore, was lower than estimates of Rs 373 crore, given the weaker than expected operating show, said analysts at ICICI Securities in a note
 "Oberoi Realty dips 6% as sales value drops 27% YoY in Jan-Mar quarter")
ITC Q4FY23 cigarette volume seen 13% up; Margin to see sharp yearly jump
ITC Q4FY23 result preview: The core Cigarette business volumes are expected to grow 13 per cent YoY, as per three brokerages. This pace of increase was 15 per cent in Q3FY23
 "ITC Q4FY23 cigarette volume seen 13% up; Margin to see sharp yearly jump")
Sensex sheds 413 pts as HDFC twins, RIL weigh; Nifty ends below 18,300
CLOSING BELL: The BSE Midcap, Smallcap indices, however, bucked the trend and ended with a gain of up to 0.2 per cent. Breadth too was marginally positive.
 "Sensex sheds 413 pts as HDFC twins, RIL weigh; Nifty ends below 18,300")
Stocks to Watch on May 12: Adani Total, RIL, TaMo, ONGC, Vedanta, Mankind
Stocks to watch today: Mankind Pharma has confirmed that the Income Tax Department conducted a search at some of the premises/ plants related to the Company and some of its subsidiaries
 "Stocks to Watch on May 12: Adani Total, RIL, TaMo, ONGC, Vedanta, Mankind")
Stocks to Watch on May 10: L&T, SpiceJet, SCI, Apollo Tyres, Tata Steel
Stocks to Watch today: In a major blow, lessors have approached aviation regulator DGCA for deregistration of three planes of SpiceJet
 "Stocks to Watch on May 10: L&T, SpiceJet, SCI, Apollo Tyres, Tata Steel")
Equities rebound on easing recession worries; HDFC twins back in green
Financial stocks gain most as Sensex, Nifty50 rise over 1%
 "Equities rebound on easing recession worries; HDFC twins back in green")
HDFC twins take mkts down by 1%, BSE-listed firms investors lose Rs 1.4 trn
On Friday, the market breadth was weak, with 2,127 stocks declining and 1,390 advancing
 "HDFC twins take mkts down by 1%, BSE-listed firms investors lose Rs 1.4 trn")
HDFC twins sink 6% on MSCI weighting update; biggest 1-day fall in 3 years
Merged entity to have far lower weighting than expected
 "HDFC twins sink 6% on MSCI weighting update; biggest 1-day fall in 3 years")
Demat additions slow in April despite sharp market rally, shows data
Market experts said that a combination of direct equity investors reaching a saturation point and less number of initial public offerings or IPOs in the market have contributed to this trend