Page 4 - Indian Stock Markets

Street finds comfort in hospitality stocks on hopes of recovery in biz

Share prices have risen in past fortnight on hopes of recovery in biz

Profit booking, Fed meet outcome to impact Indian equities' moves next week

"With weak US job data and inflation increasing at a slower pace, Fed is not expected to hint on taper plans in the upcoming meeting, says an analyst

We are not increasing allocation to cash, says Prasun Gajri, CIO, HDFC Life

Prasun Gajri says that while valuations are on the higher side, market correction is likely to be triggered only by a liquidity reversal, driven by global events or any dent in earnings expectations.

'Markets aren't prepared for a phase of slowdown', says Bernstein MD

Venugopal Garre says there is some downside risk to the market at this juncture and investors should start looking at selectively taking money off the table

Sensex, Nifty end marginally higher in volatile trade; Bharti Airtel gains

Benchmark indices Sensex and Nifty managed to end in positive territory after fighting bouts of volatility on Thursday as investors followed risk-off mode in global markets. After a volatile trade, the 30-share Sensex ended 54.81 points or 0.09 per cent higher at 58,305.07 -- its all-time closing high. The NSE Nifty rose 15.75 points or 0.09 per cent to settle at 17,369.25. On the Sensex chart, Bharti Airtel was the top gainer, followed by Nestle India, Tata Steel, Bajaj Finserv, HCL Tech and ITC. On the other hand, Titan, UltraTech Cement, Bajaj Auto, HDFC Bank and Axis Bank were among the laggards. Of the Sensex constituents, 18 shares logged gains and 12 suffered losses. During the holiday-truncated week, the Sensex rose 175.12 points or 0.30 per cent, while the Nifty advanced 45.65 points or 0.26 per cent. Sectorally, telecom, power, utilities, capital goods and metal indices rose up to 2.40 per cent. On the other hand, realty, consumer durables, bankex and finance ended in

BS Number Wise: How common are ten-baggers in Indian markets?

As Indian stock markets hit all-time highs, Business Standard looked at how often such winners are to be found

Adani, Vedanta, Birla groups lead Indian equity markets boom in 2021

The substantial growth in the Indian conglomerates' wealth comes at a time when the Indian stock markets are witnessing an unprecedented boom.

Sensex, Nifty hit fresh highs; TCS, HUL and RIL top contributors

Both indices added nearly 9 per cent each in August, their best monthly showing since November

Markets tumble from record highs on profit-booking; IT, metal stocks weigh

The Sensex and Nifty ratcheted up to fresh lifetime highs on Wednesday but failed to hold on to the gains as investors took some money off the table amid concerns over frothy valuations. IT, metal and auto counters bore the brunt of the selling pressure, while FMCG stocks saw brisk demand. After touching a lifetime high of 57,918.71 during the session, the 30-share BSE Sensex pared all gains to end 214.18 points or 0.37 per cent lower at 57,338.21, breaking its four-session winning run. Similarly, the broader NSE Nifty snapped its seven-day record-setting spree, settling 55.95 points or 0.33 per cent lower at 17,076.25. It touched an intra-day record of 17,225.75. Auto stocks were subdued after companies posted muted sales numbers for August. M&M was the top loser among the Sensex constituents, shedding 2.89 per cent, followed by Tata Steel, Bajaj Finserv, TCS, HDFC, Infosys and HCL Tech. On the other hand, Asian Paints, Nestle India, Axis Bank, Dr Reddy's, Titan and L&T were .

Hindustan Aeronautics may fly higher on GE deal, F&O inclusion

Rallies 29% in 7 days; analysts say firm well placed to execute order book

Indian indices perform better than emerging market counterparts in 2021

Nifty has gained 17% YTD in dollar terms, best among headline EM indices

Sensex can rally nearly 4,000 points from here; key risks you must know

'Retail participation in equity market has reached an inflection point'

In spite of a stellar run last year, India's retail participation is around the 4 per cent mark, unlike the US and China, where participation is 32 per cent and 11 per cent, respectively, he said

Macroeconomic data, RBI policy to drive markets this week, say analysts

Domestic equity markets would be driven by macroeconomic data, quarterly earnings, and RBI interest rate decision this week, analysts said. Global trends and the pace of vaccination would also guide the local equities, they added. "In the week ahead, the key event in the domestic market will be the announcement of RBI's monetary policy decision. To give a view on economic recovery, the market awaits the release of manufacturing and service PMI data," said Vinod Nair, Head of Research at Geojit Financial Services. Among major earnings announcements, HDFC, PNB, Adani Ports and Special Economic Zone, Bank Of India, Bharti Airtel, State Bank Of India, and M&M would release their financial results. Nirali Shah, Head of equity research, Samco Securities, said, "The RBI's MPC meeting is scheduled for the coming week. Auto sales numbers, PMI figures along with the result season will continue to drive stock specific movements on D-Street." "Macroeconomic data, pace of vaccination and ...

Earnings disappointment a risk for Indian equity investors, says JPMorgan

The Indian measure is trading at 20.8 times its forward earnings estimates for the next 12 months, during which member profits are expected to grow about 44%, according to data compiled by Bloomberg

Investors' wealth jumps Rs 2.19 trillion in two days of market rally

The market capitalisation of BSE-listed companies hit a fresh record

Retail investors stock up on financial, consumer staple, IT: SBI report

Retail participation in the stock market, the report said, increased during the pandemic, especially in the second half of fiscal 2021-22

Sensex and Nifty fall from record highs, investors eye US Fed meet

Benchmark indices Sensex and Nifty retreated from record high levels on Wednesday following intense selling in Reliance and HDFC twins as investors turned cautious ahead of the outcome of the US Federal Reserve's policy meeting. The 30-share BSE index ended 271.07 points or 0.51 per cent lower at 52,501.98. It had closed at an all-time high of 52,773.05 on Tuesday. The broader NSE Nifty retreated from a record and declined 101.70 points or 0.64 per cent to 15,767.55. PowerGrid was the top laggard in the Sensex pack, shedding around 2 per cent, followed by IndusInd Bank, Reliance, L&T, UltraTech Cement and Bajaj Finance. On the other hand, Nestle, NTPC, ONGC, Bajaj Finserv Hindustan Unilever and Infosys were among the gainers. Investors kept an eye on the two-day US Federal Reserve meeting, which is set to conclude on Wednesday. Lack of fresh trigger from overseas markets also weighed on the local stocks as Asian markets closed mixed. Bourses in Shanghai, Hong Kong and Tokyo ended

Distant thunder in the world economy

We're in the happy period of global economy coming back to life, but we need to watch carefully the US inflation situation

Indian stock index to nudge past February's record high by year-end: Poll

India's main stock index will exceed the record high it hit before the latest coronavirus wave took hold by year-end, according to a Reuters poll of analysts, most whom predicted modest growth