Page 15 - Markets
Adani Power up 12%, hits 52-week high on heavy volume; zooms 37% in 6 days
Last week, the company approved an amalgamation scheme for the merger of its six wholly-owned subsidiaries with itself
 "Adani Power up 12%, hits 52-week high on heavy volume; zooms 37% in 6 days")
Ruchi Soya zooms 20% as co says SMSes pertaining to FPO not issued by it
Market regulator Sebi had directed Ruchi Soya to give the option to the FPO investors to withdraw their bids due to 'circulation of unsolicited SMSs advertising the issue'
 "Ruchi Soya zooms 20% as co says SMSes pertaining to FPO not issued by it")
PVR-Inox: Merger faces no threat from OTT; CCI approval eyed, say analysts
PVR and Inox have seen strong bounceback led by compelling movie content, rise in average ticket prices, and food and beverage (F&B) revenue per head surpassing pre-pandemic levels
 "PVR-Inox: Merger faces no threat from OTT; CCI approval eyed, say analysts")
Sensex rises 768 pts from day's low, ends 231 pts up; Inox Leisure adds 12%
CLOSING BELL: Bharti Airtel, up 4 per cent, was the top gainer on the Nifty50 index, followed by Coal India, Axis Bank, Eicher Motors, ITC, SBI, ICICI Bank, HUL,IndusInd Bank, and Power Grid
 "Sensex rises 768 pts from day's low, ends 231 pts up; Inox Leisure adds 12%")
Motherson Sumi Wiring lists after demerger; freezes at 5% lower circuit
The wiring harness business benefits from the mega trends (of premiumization, increasing use of electronics, and electrification) playing out in the Auto industry, resulting in an increase in content.
 "Motherson Sumi Wiring lists after demerger; freezes at 5% lower circuit")
Explained: How bond yields impact stock market & what should investors do?
A rally in the stock market tends to raise bond yields as money moves from the relative safer investment bet to riskier equity stock markets
 "Explained: How bond yields impact stock market & what should investors do?")
Ruchi Soya slips 10%; stock falls 14% in four sessions
Ruchi Soya said a meeting of the board of directors of the company is scheduled to be held on March 29, 2022, for the purposes of determining the issue price and the anchor investor issue price
 "Ruchi Soya slips 10%; stock falls 14% in four sessions")
PVR-Inox Leisure merger can trigger 15% rally in stocks, charts show
Inox Leisure may see a medium-term bullish trend, if the stock upholds the rally above Rs 480 levels
 "PVR-Inox Leisure merger can trigger 15% rally in stocks, charts show")
Emami acquires Dermicool brand for Rs 432 crore; stock hits 52-week low
The stock of Emami has underperformed the market by falling 23 per cent in the past six months, as compared to a 5 per cent decline in the S&P BSE Sensex.
 "Emami acquires Dermicool brand for Rs 432 crore; stock hits 52-week low")
More pain ahead for FMCG stocks as input costs bite
Despite being considered a safe bet in a choppy market, investors have dumped FMCG stocks in the past few months. Let's find out what is pushing investors away from these counters
 "More pain ahead for FMCG stocks as input costs bite")
Indian stocks and weighting in MSCI EM index on the rise, shows data
Over $400 billion in assets under management are said to be benchmarked to the MSCI EM index.
 "Indian stocks and weighting in MSCI EM index on the rise, shows data")
Street signs: Markets turn range-bound, block deal activity rises & more
The brokerage said the options data suggests that the Nifty has strong support around 17,000 and then 16,800, which can act as a stop-loss for those initiating long positions
 "Street signs: Markets turn range-bound, block deal activity rises & more")
Real estate firm DLF gains traction as a growth-value stock, say brokerages
Both residential and leasing trends point to strong showing in FY23
 "Real estate firm DLF gains traction as a growth-value stock, say brokerages")
Price-value equation in large-caps favour, says Gautam Duggad
Expect markets to remain range bound given the challenging macros: Duggad
 "Price-value equation in large-caps favour, says Gautam Duggad")
Sensex ends choppy day 234 pts down; Nifty holds 17,150; IT, FMCG weigh
CLOSING BELL: Titan Company, Tech M, Maruti Suzuki, Cipla, IOC, Nestle India, Hero MotoCorp, Eicher Motors, L&T, TCS, Wipro, and Tata Steel were the top laggards
 "Sensex ends choppy day 234 pts down; Nifty holds 17,150; IT, FMCG weigh")
Why the mega acquisition of Blinkit may give Zomato digestion problems
Market sentiment, inadequate data and unsustainable unit economics are stacked against the acquisition plan and 10-minute food delivery.
 "Why the mega acquisition of Blinkit may give Zomato digestion problems")
CreditAccess Grameen surges 40% in 3 months on improved asset quality
The stock hit a 52-week high of Rs 878 after it rallied 15 per cent on the BSE in Friday's intra-day trade
 "CreditAccess Grameen surges 40% in 3 months on improved asset quality")
4.8% of $10.7 trillion Indian household assets are in equities: Jefferies
Equities as a percentage of households net worth has risen to an all-time-high as of March 2022
 "4.8% of $10.7 trillion Indian household assets are in equities: Jefferies")
Sensex gyrates 690 pts, ends 89 pts down; metal, pharma rally, banks slide
CLOSING BELL: Dr Reddy's Labs (up nearly 5 per cent) was the top Nifty gainer today, followed by Coal India, Hindalco, Cipla, NTPC, JSW Steel, Tech M, and RIL
 "Sensex gyrates 690 pts, ends 89 pts down; metal, pharma rally, banks slide")
Shoppers Stop extends gain after promoters up stake; surges 45% in 1 month
On Monday, March 21, 2022, four promoter group companies had collectively purchased 74,000 equity shares worth Rs 3 crore of the company from open market
 "Shoppers Stop extends gain after promoters up stake; surges 45% in 1 month")
