Among the Adani group companies, Adani Power has witnessed the sharpest decline - a 52 per cent fall from its 52-week high hit on June 9, 2021
With no events lined up on the domestic front, stock-specific news flows and global cues will continue to guide the market trajectory
Investor reaction to broader markets will continue to hog the limelight on Thursday. That apart, primary market action, stock-specific activity, and consumer inflation data will be in focus today. > >
Market participants are keenly awaiting the stock market debut of Devyani International, Windlas Biotech, Krsnaa Diagnostics, and Exxaro Tiles, as a relatively muted response to the Aptus Value Housing Finance, Chemplast Sanmar, CarTrade Tech, and Nuvoco Vistas IPOs last week raised concerns if the retail frenzy in the market is losing steam
Given a global disturbance in oil and precious metal prices, commodity market action will be in focus. That apart, all eyes will be on the IPOs -- CarTrade Tech and Nuvoco Vistas, which opened on Monday, besides Aptus Value Housing Finance and Chemplast Sanmar, which open today
Markets this week would be guided by the ongoing quarterly earnings, macroeconomic data announcements and global trends, analysts said. The government will release industrial production data for June and inflation data for July this week. The RBI has revised its retail inflation forecast to 5.7 per cent, up from the earlier 5.1 per cent due to price pressure on account of supply constraints and high crude oil prices. With the ebbing of the second COVID wave, the RBI has retained its GDP growth forecast for the current fiscal year ending in March 2022 at 9.5 per cent. Nirali Shah, Head of equity research, Samco Securities said, "This week, all eyes will be on key economic data and ongoing results of companies. Although market sentiment is expected to remain buoyant, specifics on important economic indicators ranging from industrial numbers to inflation rate and manufacturing production will keep markets on their feet." MRF, Amtek Auto, Jindal Steel & Power Limited, Lupin, Eicher .
Not only are the small- and mid-cap indices off to their best start to a calendar year since 2014 but their outperformance over large-caps is at record levels
As many as 12 firms have raised a staggering Rs 27,000 crore through IPO route in the first four months of the ongoing fiscal, and the pipeline is pretty strong for the remaining part of the year too
Developing-nation equities are headed for their worst month since the March 2020 rout
Robinhood will reserve up to 35% of shares for its app users at the pre-trading range of $38 to $42 apiece
After plummeting over 700 points in intra-day trade, the 30-share BSE Sensex clawed back some lost ground to end 135.05 points or 0.26 per cent lower at 52,443.71
SPACs list on an exchange and must use the proceeds to buy an existing or target company within a set timeframe
Investors in some of China's most vibrant sectors -- from technology to education -- have found themselves in the firing line this month
Emerging-market stocks, once the barometer for optimism on global growth, have given up a 12 per cent advance since February
'India is very well placed from an investing point of view. There is no other market that offers such attractiveness', said Khemani
Here are the top BS Opinion articles of the day.
Infosys closed 0.3 per cent higher after posting strong earnings and raising its forecast on the back of a pandemic-driven expansion in digital offerings by businesses globally.
Soho House now has roughly 119,000 members at 30 clubs around the world, drawn largely from industries like the arts and the media.
CDSL and NBCC have doubled so far this year, while Trident and JK Lakshmi Cement have gained 91 per cent each during the same period
The penetration has improved substantially with total demat accounts tally jumping 44 per cent from 43 million a year ago