Page 17 - Stocks
Private bank stocks may be headed higher on hopes of buoyant Q2 and Q3
Street is hoping the two quarters will see a pick-up in consumption and better economic activity
 "Private bank stocks may be headed higher on hopes of buoyant Q2 and Q3")
Macau's gaming stocks see $18 bn wipeout as China tightens grip
Officials in the enclave, the only place in China where gambling is legal, said they would begin a 45-day public consultation period on Sept. 15 to discuss the legal revisions
 "Macau's gaming stocks see $18 bn wipeout as China tightens grip")
China stocks battered by economic data, Evergrande non-payment
The Hang Seng China Enterprises Index, which tracks Hong Kong-listed Chinese shares, dropped as much as 1.9%, taking declines to a third day.
 "China stocks battered by economic data, Evergrande non-payment")
Stocks tank as anchor lock-in ends; Krsnaa, Windlas and Devyani shed 3-4%
Shares of Exxaro Tiles managed to buck the trend, soaring close to 10%
 "Stocks tank as anchor lock-in ends; Krsnaa, Windlas and Devyani shed 3-4%")
Buy growth, value stocks for equity portfolio to beat inflation: Chris Wood
Global fund managers should keep an eye on the 5-yr forward inflation expectation rate in the US to get a sense of the timing of taper by the US Fed
 "Buy growth, value stocks for equity portfolio to beat inflation: Chris Wood")
Low-cost UK carrier EasyJet spurns bid from rival Wizz, aims to raise $2 bn
Shares of EasyJet fell as much as 14%, as the company said it will instead raise $2 billion in stock and debt.
 "Low-cost UK carrier EasyJet spurns bid from rival Wizz, aims to raise $2 bn")
FPIs raise a storm over T+1 settlement cycle, approach Sebi chief
Sebi on Tuesday introduced an optional T+1 settlement cycle for the markets, with effect from January 1
 "FPIs raise a storm over T+1 settlement cycle, approach Sebi chief")
Top banker tells wealthy Indians to load up on foreign stocks: Here's why
Record-low interest rates and stimulus packages around the world have pushed global equities to all-time highs during the pandemic.
 "Top banker tells wealthy Indians to load up on foreign stocks: Here's why")
Analysts see small-caps bouncing back after massive August setback
In August, these stocks underperformed Sensex by 9 percentage points. Previously, they had seen sharper underperformance in Sept 2018
 "Analysts see small-caps bouncing back after massive August setback")
Why the sharp August rally in stocks raises more concerns than jubilation
Despite a 5,000-point surge by Sensex, overall market breadth was the worst since March 2020 when stocks had collapsed following the spread of the Covid-19 pandemic
 "Why the sharp August rally in stocks raises more concerns than jubilation")
Stocks in Powell's thrall can see a taper without much tantrum
Bulls can thank stagecraft of Jerome Powell, Federal Reserve chairman, who on Friday gave the strongest signal yet that the central bank will begin tapering its monthly bond purchases this year
 "Stocks in Powell's thrall can see a taper without much tantrum")
Adani Group stocks decline 16-52% from their 52-week highs
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
 "Adani Group stocks decline 16-52% from their 52-week highs")
Near term upsides for Aurobindo Pharma stock capped on weak US outlook
The company has been making small acquisitions to bridge the growth gap
 "Near term upsides for Aurobindo Pharma stock capped on weak US outlook")
Lack of valuation comfort may limit gains in Divi's Laboratories stock
Revenue growth prospects, however, remain strong driven by multiple factors
 "Lack of valuation comfort may limit gains in Divi's Laboratories stock")
Adani Green Energy net zooms 10-fold to Rs 219 cr in June quarter
Adani Green Energy Ltd has posted nearly 10-fold jump in its consolidated net profit at Rs 219 crore for the June quarter, compared to the year-ago period, mainly on the back of higher revenues.
 "Adani Green Energy net zooms 10-fold to Rs 219 cr in June quarter")
Chinese stocks jump as Beijing signals more economic support
Consumer shares led gains, with Kweichow Moutai Co. and Wuliangye Yibin Co. adding at least 4.5%. In Hong Kong, the Hang Seng Index gained 1.1%.
 "Chinese stocks jump as Beijing signals more economic support")
Sensex ends flat, Nifty closes at 15,763; Bajaj Finance falls over 2%
Bajaj Finance was the top loser in the Sensex pack, shedding 2.59 per cent, followed by Bajaj Finserv, SBI, Tata Steel, Titan, Asian Paints and Axis Bank
 "Sensex ends flat, Nifty closes at 15,763; Bajaj Finance falls over 2%")
Credit Suisse chairman doubles down with $1 million stock purchase
Credit Suisse Chairman Antonio Horta-Osorio has bought another 1 million Swiss francs ($1.1 million) worth of shares in the group as he tries to restore order to Switzerland's second-biggest bank.
 "Credit Suisse chairman doubles down with $1 million stock purchase")
DRL stock falls 10% after missing Q1 estimates, probe by US SEC
The stock fell 10.4 per cent to Rs 4,844.35 (hitting the lower circuit) on Tuesday after reporting lower-than-expected quarterly earnings for Q1FY22
 "DRL stock falls 10% after missing Q1 estimates, probe by US SEC")
13-year-old's gold gives air to Japan skateboard stocks; Morito gains 12%
Shares in Morito Co, which distributes skateboarding gear, surged 12% Monday after Nishiya's victory in the Olympic women's street skateboarding event
 "13-year-old's gold gives air to Japan skateboard stocks; Morito gains 12%")