Page 26 - Markets
Sensex slides 773pts, Nifty ends below 17400 amid global pullback; IT bleed
All the sectoral indices settled in the negative territory today with technology and public sector banks being the worst hit. The IT and PSB indices dropped nearly 3% and 2%, respectively
 "Sensex slides 773pts, Nifty ends below 17400 amid global pullback; IT bleed")
Nuvoco Vistas slips 7%, hits record low on Rs 86-crore loss in Q3
The company expects Q4FY22 to witness strong demand recovery amid potential clinker shortage resulting in opportunity to correct prices
 "Nuvoco Vistas slips 7%, hits record low on Rs 86-crore loss in Q3")
Laurus Labs up 8% in two days on purchase orders from global pharma company
The company on Thursday said it has received purchase orders from a leading global life sciences company and the supplies will commence from March 2022.
 "Laurus Labs up 8% in two days on purchase orders from global pharma company")
Investors' wealth tumbles by over Rs 3.39 trillion in early trade
In the broader market, the BSE midcap and smallcap indices were trading over 1 per cent lower.
 "Investors' wealth tumbles by over Rs 3.39 trillion in early trade")
Zomato plunges 9%, nears record low post December quarter results
In Q3FY22, the company's revenue from operations grew by around 9 per cent QoQ, while the customer delivery charges de-grew by 22 per cent.
 "Zomato plunges 9%, nears record low post December quarter results")
Anand Rathi says 'buy' Avenue Supermarts, Eicher Motors: Here's why
According to Mehul Kothari of Anand Rathi, traders can buy Avenue Supermarts near the 4,150-mark with a stop loss of 3,950 for upside target of 4,550 in 3-5 weeks.
 "Anand Rathi says 'buy' Avenue Supermarts, Eicher Motors: Here's why")
RBI policy gives short-term support to equities and bonds
While the RBI's monetary policy is set to comfort equities and bonds, investors should remain cautious due to huge borrowing starting April 2022, rising global yields and elevated commodity prices
 "RBI policy gives short-term support to equities and bonds")
TMS Ep106: RBI policy rates, drone economy, markets, IPv6
What does RBI's status quo on key policy rates mean? Will India's drone economy take off after ban on imports? Will RBI policy give support to equities and bonds? What is IPv6? Find all answers here
 "TMS Ep106: RBI policy rates, drone economy, markets, IPv6")
Analysts bullish on Nykaa's long-term growth despite 59% drop in Q3 profit
Brokerages have ratings ranging from "Overweight" to "Buy", with one brokerage having a "Reduce" call. The highest target price of Rs 2,420 translates in an upside potential of up to 41 per cent
 "Analysts bullish on Nykaa's long-term growth despite 59% drop in Q3 profit")
Mahindra Lifespace rallies 20% on plan to buy land parcel from M&M
M&M said it will not have any impact on the operations of the company as no operations of the Auto and Farm Sectors are carried out on the land being sold.
 "Mahindra Lifespace rallies 20% on plan to buy land parcel from M&M")
Sensex up 460pts, Nifty tops 17600 on dovish RBI policy; bond yields dip 1%
Repo rate was left unchanged at 4 per cent and the reverse repo rate at 3.35 per cent
 "Sensex up 460pts, Nifty tops 17600 on dovish RBI policy; bond yields dip 1%")
This Rekha Jhunjhunwala-owned stock has zoomed 65% in last one month
As on December 31, 2021, Rakesh Jhunjhunwala's wife Rekha Rakesh Jhunjhunwala held 25 million or 1.46 per cent stake in the company.
 "This Rekha Jhunjhunwala-owned stock has zoomed 65% in last one month")
RBI policy calms bond, equity markets. How analysts interpret the decision
The RBI's dovish stance has also provided comfort to the unnerved bond and equity markets.
 "RBI policy calms bond, equity markets. How analysts interpret the decision")
NDTV surges 18% on posting highest-ever net profit in nine years in Q3
Based on the current business plan and projections prepared by the management, the Company expects further growth in operations
 "NDTV surges 18% on posting highest-ever net profit in nine years in Q3")
Solara Active Pharma tanks 20%, hits 52-week low on weak Q3 results
Solara Active Pharma: Bharath R Sesha has tendered his resignation as managing director & chief executive officer and director (MD & CEO) of the company.
 "Solara Active Pharma tanks 20%, hits 52-week low on weak Q3 results")
Stocks rally loses steam in Asian trade before US inflation report
World bond yields continued to ease from multi-year highs
 "Stocks rally loses steam in Asian trade before US inflation report")
Analysts bullish on Bharti Airtel as growth in mobile biz supports outlook
Bharti Airtel's paying subscriber base declined by 0.6 million QoQ versus competitors where Reliance Jio lost 8.5 million subscribers and Vodafone Idea lost 5.8 million subscribers in Q3
 "Analysts bullish on Bharti Airtel as growth in mobile biz supports outlook")
Frequent traders irked as ICICI Direct app, website face near outage
Instances of glitches faced by intermediaries in the stock ecosystem are on the rise given the heavy and complex use of technology
 "Frequent traders irked as ICICI Direct app, website face near outage")
Sensex gains 657 pts, Nifty tops 17,450; Maruti rises 4%, Adani Wilmar 20%
Stock market LIVE: Sectorally, Nifty Auto index was the top performer now, up 1.5 per cent, followed by Nifty Private Bank, and IT indices. PSU index was the sole loser, down 0.8 per cent.
 "Sensex gains 657 pts, Nifty tops 17,450; Maruti rises 4%, Adani Wilmar 20%")
Indo Count extends fall post Q3 results; slips 35% from 52-week high
The stock was trading at its lowest level since July 2021. In the past one month, it has underperformed the market by falling 22 per cent, as compared to a 2.4 per cent decline in Sensex
 "Indo Count extends fall post Q3 results; slips 35% from 52-week high")
