Page 7 - Market Trends
Stocks to Watch: Infosys, HDFC Bank, Tinplate, Brightcom, Vedanta, Thermax
Infosys is scheduled to announce results today, while HDFC Bank shall be reporting its Q4 numbers on Saturday.
 "Stocks to Watch: Infosys, HDFC Bank, Tinplate, Brightcom, Vedanta, Thermax")
Sensex slides 871 pts in two days: Key factors spooking the markets
Rising bond yields, fears of aggressive rate hikes by global central banks, and Covid-19 scare in China are among the key pain-points for investors
 "Sensex slides 871 pts in two days: Key factors spooking the markets")
Infosys Q4 preview: Will high costs dent margin? What top brokerages expect
Analysts expect the Bengaluru-based firm to post flat-to-negative EBIT margin due to higher attrition, lower utilisation, and rising travel expenses.
 "Infosys Q4 preview: Will high costs dent margin? What top brokerages expect")
TCS gains 1% in a weak market on strong demand outlook
The demand outlook continues to be strong as clients continue to spend on cloud transformation programs.
 "TCS gains 1% in a weak market on strong demand outlook")
LT Foods surges 14% in two days on heavy volumes; stock nears 52-week high
Ratings agency CRISIL believes organic business profitability of LT Foods should lead to higher consolidated EBITDA in the fourth quarter of 2022.
 "LT Foods surges 14% in two days on heavy volumes; stock nears 52-week high")
Shares of this PSU defence company have zoomed nearly 100% thus far in 2022
Government of India aims to reduce the country's dependence on imports of defence equipment and have a more 'self -reliant' defence sector under the Aatmanirbhar Bharat initiative.
 "Shares of this PSU defence company have zoomed nearly 100% thus far in 2022")
Bajaj Auto, DLF, SBI: Strategies for rate sensitive stocks post RBI policy
AU Small Finance Bank and Bajaj Auto seem well placed on the technical charts and should be able to witness decent gains in the weeks ahead.
 "Bajaj Auto, DLF, SBI: Strategies for rate sensitive stocks post RBI policy")
Adani Green surges 9%, hits new high ahead of board meet for fund raising
The board of directors of the company is scheduled to meet today to consider and approve the proposal for raising of funds by way of a rights issue, preferential allotment, including a QIP.
 "Adani Green surges 9%, hits new high ahead of board meet for fund raising")
Rate sensitive shares trade mixed after RBI keeps repo rate unchanged at 4%
At 10:40 am; barring the Nifty PSU index which gained nearly a per cent, most of the other sectoral indices such as Nifty Bank, Financial Services, Auto and Realty were more or less unmoved.
 "Rate sensitive shares trade mixed after RBI keeps repo rate unchanged at 4%")
Bandhan Bank rebounds 7% from day's low after huge block deals
At 09:15 am; 50.14 million equity shares representing 3.11 per cent of total equity of Bandhan Bank changed hands on the BSE, the exchange data shows.
 "Bandhan Bank rebounds 7% from day's low after huge block deals")
F&O Strategy: Nandish Shah recommends a Bull spread on FSL
The derivative analyst from HDFC Securities recommends buying FSL April 140 Call and simultaneously selling 150 Call.
 "F&O Strategy: Nandish Shah recommends a Bull spread on FSL")
Here's why Mehul Kothari recommends buying HDFC Bank, Sunteck
According to the technical analyst from Anand Rathi, HDFC Bank is trading near multiple support area, hence the probability of the stock resuming its uptrend is high.
 "Here's why Mehul Kothari recommends buying HDFC Bank, Sunteck")
YES Bank up 11%, hits 52-week as CARE Ratings upgrade outlook to 'positive'
The ratings agency upgraded the outlook to 'positive' on account of stable growth in deposits and advances
 "YES Bank up 11%, hits 52-week as CARE Ratings upgrade outlook to 'positive'")
NTPC, PowerGrid hit life-time highs; soar up to 17% in the last five days
Significant rise in electricity consumption has pepped up the investors' interest at these counters.
 "NTPC, PowerGrid hit life-time highs; soar up to 17% in the last five days")
Zee Ent slips over 3% on Invesco block deal buzz; stock recoups soon
The counter saw trades of around 124 million shares in the first couple of minutes of trade
 "Zee Ent slips over 3% on Invesco block deal buzz; stock recoups soon")
Sugar stocks sweeten; Dwarikesh, Dalmia Bharat, Triveni surge up to 10%
Magadh Sugar & Energy, Rana Sugar, Uttam Sugar Mills, KM Sugar, Andhra Sugar, Mawana Sugar and Shree Renuka Sugar surged 10 per cent to 15 per cent on the BSE.
 "Sugar stocks sweeten; Dwarikesh, Dalmia Bharat, Triveni surge up to 10%")
Ruchi Soya tanks 19% as board okays FPO allotment; down 28% in one week
Ruchi Soya on Tuesday said that board has approved the allotment of 66.15 equity shares of face value of Rs 2 each, for an amount aggregating to Rs 4,300 crore, pursuant to the FPO issue.
 "Ruchi Soya tanks 19% as board okays FPO allotment; down 28% in one week")
Tata Power surges 21% in 4 days on heavy volume; stock hits record high
The stock hit a record high of Rs 287.90, up 5 per cent in the intra-day trades so far on the BSE
 "Tata Power surges 21% in 4 days on heavy volume; stock hits record high")
Adani Group stocks hit fresh record highs on fund raising plan
The boards of directors of Adani Enterprises, Adani Transmission and Adani Green are scheduled to meet on Friday, April 8, 2022 to consider the proposal for raising of funds.
 "Adani Group stocks hit fresh record highs on fund raising plan")
Mangalore Chemical, Kaveri Seeds are the top trading ideas of Vinay Rajani
The technical analyst from HDFC Securities expects the Nifty to find support in the range of 17,703 to 17,791.
 "Mangalore Chemical, Kaveri Seeds are the top trading ideas of Vinay Rajani")
