Page 69 - Stock Markets

Markets gain for sixth consecutive day in longest streak since October

The rally in banking and finance stocks after some banks posted good quarterly results also helped sentiment

Sensex, Nifty gain 4% this week; here's what drove the rebound

While analysts feel the fundamental backdrop has not drastically changed, a combination of domestic and global factors have lowered investors' apprehension.

Bulls back on D-Street: Indices gains 4% in the past 5 trading sessions

IndusInd Bank was the best-performing Sensex stock and rose 7.8 per cent

Cummins India surges 25% in one month; nears record high on healthy outlook

Cummins India expects the current trend of sustained growth across multiple industries and segments, demand outlook from various end markets to be positive.

Markets surge amid 'peak inflation' optimism, gain now 4% in 4 days

Sensex closes at highest level since June 6; Up 8% from CY22 lows

SBI gains 17% in one month, surpasses LIC to become most valued PSU stock

In the past one month, SBI has rallied 17 per cent, as compared to a 5 per cent gain in the stock price of LIC.

Benchmark indices up for third straight day; Sensex rises 246 points

A recovery in the rupee also bolstered sentiment, traders said

Biggest market jump in a month adds Rs 3.4 trillion to investor wealth

1.4% jump comes on the back of easing recession fears, China policy support

HUL Q1 results preview: Muted volume growth likely due to demand slowdown

HUL Q1 results: Analysts say that the FMCG company's profit margins will continue to bear the brunt of high commodity prices, which were at peak highs for the most part of the quarter.

Sebi clears appointment of BSE's Ashish Kumar Chauhan as NSE chief

The NSE will now have to obtain shareholders' nod before Chauhan can take charge

Sensex, Nifty slide for a fourth straight session; IT, banking shares drop

The 30-share BSE benchmark settled 98 points or 0.18 per cent lower at 53,416.15. During the day, it hit a high of 53,861.28 and a low of 53,163.77

Start-ups trump traditional companies in value creation, shows data

Indian start-ups are also having a much larger impact in India than in the global context

NMDC hits 52-week low on weak earnings concerns; declines 7% in three days

EBITDA margin for Q1FY23E is likely to come in at 33.3 per cent as against 40 per cent in Q4FY22, said ICICI Securities

CARE Ratings surges 10% as board to consider share buyback plan on July 20

In the past six months, CARE Ratings has underperformed the market by falling 27 per cent, as compared to a 12 per cent decline in the S&P BSE Sensex.

Insecticides India up 3% in weak market; hits 52-wk high on healthy outlook

For FY23, the management expects the top line to grow by a double digit, mainly driven by expansion of facilities, addition of new generation products and significant number of product registrations.

Demand outlook remains robust for Blue Dart Express, say brokerages

Blue Dart Express posted 34 per cent revenue growth in 2021-22, assisted by 30 per cent growth in volumes; the rest came from higher realisations

M&M Financial Services zooms over 16% in July on strong biz outlook

Thus far in July (last eight days), MMFSL has rallied 16 per cent, as compared to a 1.6 per cent rise in the S&P BSE Sensex

M&M Financial gains 3%, hits 52-week high on healthy business outlook

Thus far in July (last eight days), MMFSL has rallied 18 per cent, as compared to a 2 per cent rise in the S&P BSE Sensex.

Titagarh Wagons hits 4-year high; gains 26% in 2 weeks on strong order book

As on March 2002, TWL had a strong diversified order book position of Rs 15,123 crore across Indian (Rs 10,675 crore) and Italian business (Rs 4,448 crore) operations.

A first half worth forgetting

Contrasting narratives are plausible and in play after a truly terrible six months for the markets