Page 26 - Latest Updates on Stock Market
Easy Trip IPO subscribed 7x on Day 2
Easy Trip has set a price band of Rs 186-187 per share
 "Easy Trip IPO subscribed 7x on Day 2")
Financials lead in Sensex's 584 pts rally, tops 51K; BPCL dips 4.5%
The broader markets were under pressure today with the S&P BSE MidCap and SmallCap indices closing 0.6 per cent and 0.4 per cent down, respectively
 "Financials lead in Sensex's 584 pts rally, tops 51K; BPCL dips 4.5%")
Stock markets eke out gains amid bond yield, crude oil price concerns
Market sentiment tracked global shares, which were mixed as initial optimism over the US Senate's passing of a $1.9 trillion stimulus bill gave way to inflation fears
 "Stock markets eke out gains amid bond yield, crude oil price concerns")
Flurry of IPOs: Sebi sounds alert on threat of technical glitches
Asks intermediaries to stagger the offerings as much as possible
 "Flurry of IPOs: Sebi sounds alert on threat of technical glitches")
Rising crude prices could put OMC margins under pressure, hurt stock rally
While analysts expect excise duty cuts or price hikes to offset pressure on marketing margins, there is some uncertainty currently; Oil producers seen gaining
 "Rising crude prices could put OMC margins under pressure, hurt stock rally")
Weak global cues, high Brent crude cap gains on D-St; Sensex ends 36 pts up
Trends among sectoral indices remained muted with the Nifty PSU Bank, Metal, and IT indices ending up to 1.5 per cent higher on the NSE.
 "Weak global cues, high Brent crude cap gains on D-St; Sensex ends 36 pts up")
IPO party going strong, shrugs off bond jitters; MTAR IPO subscribed 200x
Meanwhile, shares of agro chemical company Heranba Industries rose about 50 per cent on debut
 "IPO party going strong, shrugs off bond jitters; MTAR IPO subscribed 200x")
Surging yields drag indices: Sensex falls 440 pts, Nifty ends at 14,938
10-year US Treasury yield crosses 1.5% again following Powell's comments
 "Surging yields drag indices: Sensex falls 440 pts, Nifty ends at 14,938")
Bears return to D-Street after 3 days; Sensex tanks 598 pts, ends below 51K
The US bond yields which have become influential on stock prices, globally, spiked to 1.48 per cent
 "Bears return to D-Street after 3 days; Sensex tanks 598 pts, ends below 51K")
RIL, banks lift indices for 3rd day; Sensex gains 1,148 pts, ends above 51K
he frontline Nifty50 index made a dash for 15,300-mark in the intra-day trade, and hit a high of 15,273.
Earnings estimates of India Inc see upgrade after strong Q3 results
Analysts at top brokerages raise FY21-FY23 estimates by 5-6%
 "Earnings estimates of India Inc see upgrade after strong Q3 results")
Best of BS Opinion: Dealing with cyber-attacks, don't cut fuel taxes & more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Dealing with cyber-attacks, don't cut fuel taxes & more")
Wildest yield gap since 2001 boosts allure of bonds, shows data
The ratio between the nation's benchmark 10-year yield and the BSE Sensex index's current earnings yield is now at the highest level since 2001, dimming the appeal of equities
 "Wildest yield gap since 2001 boosts allure of bonds, shows data")
Sensex reclaims 50,000, Nifty up over 1%; auto and IT stocks shine
Though some Asian markets pared gains after China's top banking regulator raised concerns over asset bubbles, the Indian markets outperformed
 "Sensex reclaims 50,000, Nifty up over 1%; auto and IT stocks shine")
Retail buys, but stake declines
Retail ownership of the BSE500 has fallen from 21 per cent in 2005 to 14 per cent now despite net buying
Sensex gains for 2nd day; ends 447 pts up at 50,297; auto, IT stocks rally
Broader markets outperformed the benchmark indices, highlighting underlying strength in the market. The S&P BSE MidCap and SmallCap indices ended 1.55 per cent & 1.6 per cent higher, respectively
 "Sensex gains for 2nd day; ends 447 pts up at 50,297; auto, IT stocks rally")
Sensex, Nifty rebound as yield pressure eases; ONGC, UltraTech gain
The progress in the US stimulus package and gross domestic product (GDP) growth in India for the quarter ended December 31, after two consecutive quarters of contraction, also helped sentiment
Bulls back on D-Street; Sensex settles 750 pts up; PSU, auto stocks rally
The advance to decline ratio favoured bulls as nearly 2x stocks rose for every 1 stock that declined on the BSE
 "Bulls back on D-Street; Sensex settles 750 pts up; PSU, auto stocks rally")
Statsguru: Bond market pressure is getting reflected in the stock market
Bond markets are showing signs of nervousness, and yields on the 10-year government bonds are on the rise
 "Statsguru: Bond market pressure is getting reflected in the stock market")
Markets on tenterhooks as inflation fears overtake recovery hopes
Trajectory would hinge on Street's perceived inflation forecasts
 "Markets on tenterhooks as inflation fears overtake recovery hopes")
