Page 11 - Markets
HDFC Bank: Merger, valuation concerns may weigh in near-term, say analysts
HDFC Bank Q4 result analysis: We have seen a de-rating of the bank's multiple in recent years and we are again at a point where the risk of further de-rating is high, analysts say
 "HDFC Bank: Merger, valuation concerns may weigh in near-term, say analysts")
Sensex sinks 1,172 pts, Nifty below 17,200; Infosys tanks 7%, HDFC Bank 5%
CLOSING BELL: Dismal March quarter earnings by HDFC Bank & Infosys, coupled with fears of aggressive rate hikes amid rising inflation, soaring bond yields, & resurgence in Covid-19 cases hit sentiment
 "Sensex sinks 1,172 pts, Nifty below 17,200; Infosys tanks 7%, HDFC Bank 5%")
Sensex tanks 1,172 points in trade today; Key reasons behind the sharp fall
In Monday's early trade, the two frontline indices dropped 2 per cent each as IT major Infosys and banking giant HDFC Bank plunged sharply on disappointing Q4 performance
 "Sensex tanks 1,172 points in trade today; Key reasons behind the sharp fall")
Indiabulls Real Estate dips 6% after listing of QIP shares
Nearly 86 million equity shares of Rs 2 each allotted to QIBs pursuant to qualified institutional placement (QIP) are listed on the exchange with effect from Monday, April 18, 2022.
 "Indiabulls Real Estate dips 6% after listing of QIP shares")
Infosys records sharpest intra-day fall in 2 yrs post weak Q4 nos; tanks 9%
Shares of Infosys tanked 9 per cent to Rs 1,592.05 on the BSE in Monday's intra-day trade after the company reported a weak set of numbers for the quarter ended March 2022 (Q4FY22).
 "Infosys records sharpest intra-day fall in 2 yrs post weak Q4 nos; tanks 9%")
Tata Steel up 2% in a weak market on stock split plan; zooms 13% in 3 mths
A stock split is generally undertaken to make the stock more affordable to small retail investors and increase liquidity
 "Tata Steel up 2% in a weak market on stock split plan; zooms 13% in 3 mths")
TMS Ep152: IT skills, Elon Musk and Twitter, Markets, Iron Beam
Which IT skills can land lucrative job offers? Will Twitter purchase add to Elon Musk's India troubles? What will dictate market trends this week? What's Iron Beam air-defence system? All answers here
 "TMS Ep152: IT skills, Elon Musk and Twitter, Markets, Iron Beam")
Campus shoes IPO expected to hit in May; company to expand distribution
Campus Activewear plans to expand its distribution network and deepen its footprints in western and southern regions
 "Campus shoes IPO expected to hit in May; company to expand distribution")
Sri Lanka stock exchange to halt for five days from April 18 amid crisis
A Sri Lankan delegation is headed to Washington, looking to secure up to $4 billion from the International Monetary Fund and other lenders
 "Sri Lanka stock exchange to halt for five days from April 18 amid crisis")
Investments in mid-, small-caps need 'thorough analysis': Umang Papneja
Senior executive of IIFL Wealth Management says companies will feel the impact of Federal Reserve tapering and liquidity tightening.
 "Investments in mid-, small-caps need 'thorough analysis': Umang Papneja")
Anand Rathi Wealth zooms 16% to hit record high on strong Q4 results
The management expects an increased inflow of funds and consistent growth in AUM in the coming quarters.
 "Anand Rathi Wealth zooms 16% to hit record high on strong Q4 results")
Sensex slips for 3rd day, ends 237 pts down; HDFC duo top drags, ITC up 2%
CLOSING BELL: HDFC, HDFC Bank, Maruti Suzuki, Dr Reddy's Labs, Tata Motors, PowerGrid, Asian Paints, Bajaj Finserv, Kotak Bank, Titan, Cipla, and Eicher Motors were the top laggards on the Nifty index
 "Sensex slips for 3rd day, ends 237 pts down; HDFC duo top drags, ITC up 2%")
Hariom Pipes makes strong debut; zooms 46% against issue price
The stock was locked in the upper circuit at Rs 224.70, up 46% against its issue price of Rs 153 per share on the BSE
 "Hariom Pipes makes strong debut; zooms 46% against issue price")
Indian crypto exchanges block deposits via state-backed system, stir alarm
The decision by CoinSwitch to halt UPI acceptance resulted from "regulatory uncertainty" after the NPCI statement.
 "Indian crypto exchanges block deposits via state-backed system, stir alarm")
TMS Ep149: 5G spectrum prices, TDS on EPF, markets, Private 5G network
Will reduction in 5G spectrum prices keep telcos flying? How changes in EPF rules may affect you? Where to invest in a rising interest rate scenario? What is a private 5G network? Find all answers her
 "TMS Ep149: 5G spectrum prices, TDS on EPF, markets, Private 5G network")
Gold trading at Rs 53,450 per 10 gm today; silver selling at Rs 67,800 a kg
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
 "Gold trading at Rs 53,450 per 10 gm today; silver selling at Rs 67,800 a kg")
Equities or bonds? Where to invest in a rising interest rate scenario
The RBI's hawkish approach has taken markets by surprise. It has kicked-off a rate tightening cycle to tame inflation that spiked to 6.95% in March. What're the investment options in this scenario?
 "Equities or bonds? Where to invest in a rising interest rate scenario")
Robust demand outlook may offset margin pressure for TCS: Analysts
Most analysts have broadly maintained their 'buy' rating on the stock as they believe the company's demand outlook for FY23 remains robust despite macro-headwinds.
 "Robust demand outlook may offset margin pressure for TCS: Analysts")
Sensex falls 388 pts, Nifty holds 17,500; private banks shine, metals crack
CLOSING BELL: Axis Bank, Kotak Bank, Maruti Suzuki, Power Grid, SBI Life, and ICICI Bank were the top winners on the benchmark indices, rising upwards of 0.5 per cent each
 "Sensex falls 388 pts, Nifty holds 17,500; private banks shine, metals crack")
Bandhan Bank hits 6-month high; gains 9% in 3 days post HDFC stake sale
In the past one month, Bandhan Bank has outperformed the market by surging 28 per cent as compared to 5.6 per cent rise in the S&P BSE Sensex
 "Bandhan Bank hits 6-month high; gains 9% in 3 days post HDFC stake sale")
