Page 5 - Latest Updates on Stock Market
Pandemic darlings face the boot as investors eye return to normal life
The selloff which began after Netflix and Peloton posted disappointing quarterly earnings spread to the wider stay-at-home sector
 "Pandemic darlings face the boot as investors eye return to normal life")
Zomato hits record low, market capitalisation falls below Rs 1 trillion
With the last four day's decline, the stock price of Zomato has tanked 33 per cent from its 52-week high of Rs 169.10 hit on November 16, 2021
 "Zomato hits record low, market capitalisation falls below Rs 1 trillion")
Stocks slip in Europe as cautious investors refine Federal hike bets
Gains in Asia helped to counter the pullback in Europe to keep the MSCI all country stock index in positive territory, up 0.16% at 728 points, but still down about 3.8% so far this year.
 "Stocks slip in Europe as cautious investors refine Federal hike bets")
Just Dial shares tumbles over 3% post Q3 earnings announcement
Shares of Just Dial on Wednesday dipped over 3 per cent after the company's consolidated net profit declined by 61.2 per cent for December 2021 quarter.
 "Just Dial shares tumbles over 3% post Q3 earnings announcement")
Bajaj Finance shares give up entire early gains; settle over 2% lower
Bajaj Finance stock on Wednesday surrendered all its early gains and settled over 2 per cent lower on profit-taking.
 "Bajaj Finance shares give up entire early gains; settle over 2% lower")
Wall St: Dow falls over 550 pts; megacap tech stocks hit by rising yields
Goldman Sachs leads fall among banks after Q4 results; gaming stocks jump on Microsoft's big bid for Activision
 "Wall St: Dow falls over 550 pts; megacap tech stocks hit by rising yields")
HDFC Bank disappoints on margins, fee income growth, say analysts
A decline in payment and credit card-related fees from a year ago - as the bank gave fee waivers as an incentive - was a new niggle for the lender to contend with
 "HDFC Bank disappoints on margins, fee income growth, say analysts")
Stocks mixed as Beijing adds stimulus; Brent hits 3-year high of $86.7/bbl
A holiday in the United States made for thin trading, but that did not stop Treasury futures from sliding further and Brent crude hitting a three-year top of $86.71 a barrel
 "Stocks mixed as Beijing adds stimulus; Brent hits 3-year high of $86.7/bbl")
Low-priced stocks: A roulette that may well be a losing bet, say experts
Many have weak fundamentals to back share price rise and may not live to see the next bull run: Experts
 "Low-priced stocks: A roulette that may well be a losing bet, say experts")
Auto ancillary stocks in radar on hopes of fresh demand from OEMs
Shares of companies dealing in auto ancillaries have seen a firm uptick recently as their business outlook seems to have turned bright on hopes of rapid adoption of electric vehicles.
 "Auto ancillary stocks in radar on hopes of fresh demand from OEMs")
Ongoing quarterly earnings to guide market momentum this week: Analysts
Stock market's momentum will be guided by ongoing quarterly earnings season, with Reliance Industries, HUL and Bajaj Finance among those scheduled to announce their results this week, analysts said.
 "Ongoing quarterly earnings to guide market momentum this week: Analysts")
Market gains likely to be muted in 2022; 9% upside for Nifty by Dec: Report
Dalal Street may not sustain the record run it had from the middle of 2020 as the new year will see bouts of corrections leading to tepid gains given the many downside risks to a sustained rally
 "Market gains likely to be muted in 2022; 9% upside for Nifty by Dec: Report")
SAT pulls up Sebi officer for inordinate delay in issuing show cause notice
The Securities Appellate Tribunal has pulled up an adjudicating officer of Sebi for "inordinate delay" in issuing a show cause notice in a matter related to Shriram Insight Share Brokers Ltd.
 "SAT pulls up Sebi officer for inordinate delay in issuing show cause notice")
Beating high expectations critical for further gains in midcap IT stocks
While the overall growth outlook is positive, there are headwinds for margins and valuations are at premium to large-cap IT firms
 "Beating high expectations critical for further gains in midcap IT stocks")
Over 850 Indian penny stocks more than doubled in the past 18 months: Data
Some penny stocks or low-priced stocks have given massive returns in the past 18 months with 102 stocks rising over 1000% and 10 stocks rising over 5000 per cent.
Resurgent Covid to counter Q3 results' positive effect on markets next week
However, global cues such as high crude oil prices, combined with the direction of foreign fund flows and the rising surge in domestic Covid cases will impact investors' risk-taking appetite
 "Resurgent Covid to counter Q3 results' positive effect on markets next week")
Indices snap four-day rally on coronavirus surge, Fed's hawkish tone
The indices had risen in the previous four sessions on the back of positive macroeconomic indicators
 "Indices snap four-day rally on coronavirus surge, Fed's hawkish tone")
Heaviest technology stocks selling in a decade fuels share market rate rout
The hammering in technology stocks that began to spread into the broader market Wednesday is being fueled by one of the most intense bouts of selling by professional speculators since financial crisis
 "Heaviest technology stocks selling in a decade fuels share market rate rout")
Goyal calls for transparency, highest level of integrity in stock markets
Piyush Goyal on Wednesday called for transparency and the highest level of integrity in the stock markets
 "Goyal calls for transparency, highest level of integrity in stock markets")
Markets greet new year with euphoric rally; Sensex rises 929 points
The macroeconomic data helped investors overlook the impact of the rising Covid cases and new restrictions imposed by many states
 "Markets greet new year with euphoric rally; Sensex rises 929 points")
