Page 20 - Latest Updates on Stock Market
Decoding the stock market rally to new highs despite Covid pandemic
Momentum indicators suggest the market will keep running up until there is adverse news-flow; corrections as and when they come will be deep
 "Decoding the stock market rally to new highs despite Covid pandemic")
Don't overpay for a stock on growth hopes, go for a value fund: Experts
Investors should diversify into value funds, where managers look for margin of safety
 "Don't overpay for a stock on growth hopes, go for a value fund: Experts")
Best of BS Opinion: Distant thunder in world economy, rocket rupee & more
Here are the best of Business Standard's opinion pieces for Monday
 "Best of BS Opinion: Distant thunder in world economy, rocket rupee & more")
Statsguru: Six charts explain India's $3-trn market cap cheer amid Covid-19
The ratio of the value of all companies in the stock market to the size of the Indian economy is now in excess of 100 per cent
 "Statsguru: Six charts explain India's $3-trn market cap cheer amid Covid-19")
The rocket rupee
It does feel like we are close to the end of the rupee's rally, says Jamal Mecklai
 "The rocket rupee")
MPC, macro data, Covid-19 to dictate market trends this week: Analysts
The MPC's interest rate decision, a host of macroeconomic data announcements, Covid-19 trends and global factors would be the major highlights in the equity market this week, analysts said
 "MPC, macro data, Covid-19 to dictate market trends this week: Analysts")
Nifty50 index likely to scale 16,000 in Q2, say technical analysts
Experts said the performance of banking and energy stocks, mainly Reliance Industries, will be the key for the market to hold on to current levels
 "Nifty50 index likely to scale 16,000 in Q2, say technical analysts")
Opinion divided on SPAC-tacular route for foreign listing of start-ups
The country's first big-ticket SPAC listing of ReNew Power is already underway, with investors being brought in, and is expected to be listed sometime in the early third quarter of this year
 "Opinion divided on SPAC-tacular route for foreign listing of start-ups")
Rising markets boost infra scheme returns to 85% on average past one year
Industry players see this theme doing well going forward due to green shoots in some segments on the economy and govt's infra thrust
 "Rising markets boost infra scheme returns to 85% on average past one year")
Nifty closes in on fresh record high; Sensex ends 14 pts higher at 50,637
Asian Paints was the top gainer in the Sensex pack, advancing over 3 per cent, followed by Titan, Bajaj Finserv, ONGC, Infosys and TCS
 "Nifty closes in on fresh record high; Sensex ends 14 pts higher at 50,637")
India is first pick among Asia emerging markets for Morgan Stanley
The earnings momentum has been quite resilient and the policy momentum quite focused towards improving the infrastructure and attractiveness in the global supply chain: Daniel Blake of Morgan Stanley
 "India is first pick among Asia emerging markets for Morgan Stanley")
Increased sustainability disclosures to give leg-up to ESG funds
Six out of ten domestic funds with an ESG mandate were launched in the financial year 2020-21 (FY21), noted the May 24 Kotak Securities Strategy report
 "Increased sustainability disclosures to give leg-up to ESG funds")
Amara Raja Batteries stock falls 6.5% in intraday trade on block deals
The decline was mainly on account of nearly 30 million equity shares of the battery maker changing hands.
 "Amara Raja Batteries stock falls 6.5% in intraday trade on block deals")
India pips Germany into the $3-trillion market capitalisation club
India currently ranks eighth on the table of most-valued equity markets, ahead of Germany which has a market cap of $2.8 trillion
 "India pips Germany into the $3-trillion market capitalisation club")
M-cap of BSE-listed companies at record $3 trillion: Thank broader rally
Share of top 100 firms on the exchange in m-cap falls to 67.3%; analysts advise caution
 "M-cap of BSE-listed companies at record $3 trillion: Thank broader rally")
Market cap of BSE-listed companies hits $3 trillion for the first time
This is a remarkable feat, considering it had slipped below $1.5 trillion in March 2020 at the peak of the Covid-induced sell-off
 "Market cap of BSE-listed companies hits $3 trillion for the first time")
Visible Covid & market rally, invisible growth
The market rally is visible, as is the horrendous impact of Covid 19. What is invisible is earnings growth
SBI's March quarter showing impresses Street; stock jumps over 5%
Sequential comparisons indicate economic activity did not pick up
 "SBI's March quarter showing impresses Street; stock jumps over 5%")
NSE shares soar over 25% on boost from Securities Appellate Tribunal relief
The tribunal allows the exchange to use Rs 6,000 cr parked in an escrow
 "NSE shares soar over 25% on boost from Securities Appellate Tribunal relief")
Amid volatility, US investors look to Europe for next leg of stock gains
The focus on Europe comes as the region's benchmarks have kept pace with their US counterparts after years of underperformance
