Page 29 - Markets
Tyre stocks trade weak after CCI imposes penalty; Ceat hits 52-week low
The CCI on Wednesday said Supreme Court dismissed a petition filed by tyre companies wherein they had challenged the regulator's order imposing penalties on them for anti-competitive practices
 "Tyre stocks trade weak after CCI imposes penalty; Ceat hits 52-week low")
Indian equities are in a bull-phase; buy on dips: Chris Wood
A budget is a good one if it does not create headlines and that's what the Indian budget has proved to be
 "Indian equities are in a bull-phase; buy on dips: Chris Wood")
Budget promises lift investors' sentiment; Sensex rises 695 points
Benchmarks rebound 4% in 3 days as Fed hike concerns ease, too
 "Budget promises lift investors' sentiment; Sensex rises 695 points")
Markets will keenly watch the execution of capex plans: Abhiram Eleswarapu
Abhiram Eleswarapu, head of India equities at BNP Paribas, tells Puneet Wadhwa in an interview that he expects real rates to remain negative for most of 2022
 "Markets will keenly watch the execution of capex plans: Abhiram Eleswarapu")
AU Small Finance Bank hits record high; surges 35% in one month
In the past three days, AU SFB has gained 10 per cent after it posted a strong set of financial numbers for the quarter ended December 2021.
 "AU Small Finance Bank hits record high; surges 35% in one month")
This Rekha Jhunjhunwala-owned realty stock has zoomed 108% in five weeks
Shares of D B Realty were locked the in upper circuit of 5 per cent at Rs 91.55, which is also its 52-week high on the BSE.
 "This Rekha Jhunjhunwala-owned realty stock has zoomed 108% in five weeks")
A growth oriented Budget, forms basis for a structural rally in markets
It has been an extremely pragmatic Union Budget 2022-23 trying to create the right ecosystem for putting the Indian economy on a high growth
 "A growth oriented Budget, forms basis for a structural rally in markets")
A slightly higher deficit number will not be taken negatively by market
Reduction in surcharge (capped at 15 per cent) on long term capital gains - is positive from financial markets
 "A slightly higher deficit number will not be taken negatively by market")
Tata Motors slides 4% on profit booking post December quarter results
The company guided for robust demand prospects with JLR order-book at 1.55 lakh units, which coupled with gradual improvement in chip availability to result in healthy profitability going forward.
 "Tata Motors slides 4% on profit booking post December quarter results")
Global stocks rebound but head for worst January since 2016
Wall Street edged higher on Monday after a rise in European shares helped stabilize investor sentiment after a series of volatile sessions
 "Global stocks rebound but head for worst January since 2016")
Gitanjali Gems case: Sebi bans Mehul Choksi, another individual from mkts
Sebi has barred fugitive businessman Mehul Choksi and one Rakesh Girdharlal Gajera from the capital markets for one year
 "Gitanjali Gems case: Sebi bans Mehul Choksi, another individual from mkts")
Sensex ends 814 pts higher ahead of Budget-day in broad-based rally
Large part of today's rally in the headline indices was led by IT stocks such Tech M, Wipro, Infosys and HCL Tech; financials such as Bajaj twins and SBI, and index heavyweights RIL
 "Sensex ends 814 pts higher ahead of Budget-day in broad-based rally")
Adani Wilmar IPO: GMP halves in a week; analysts expect 10-25% listing gain
Analysts believe Adani Wilmar's strong parentage links with the Adani Group may give it a necessary fillip on the listing day
 "Adani Wilmar IPO: GMP halves in a week; analysts expect 10-25% listing gain")
UTI AMC slides 7% on disappointing December quarter earnings
In Q3, the company's revenue from operation declined 10 per cent YoY at Rs 309 crore, while profit after tax was down 9 per cent YoY at Rs 127 crore.
 "UTI AMC slides 7% on disappointing December quarter earnings")
Nifty PSU Bank index soars 12% in four days; SBI nears record high
Canara Bank hit a 52-week high of Rs 252.80, after rallying 6% in intra-day trade and 21% in the past four trading days.
 "Nifty PSU Bank index soars 12% in four days; SBI nears record high")
L&T: Order execution, new initiatives key to long-term growth, say analysts
Long-awaited growth pick-up along with muted orders may weigh on Larsen and Toubro's stock in the near-term
 "L&T: Order execution, new initiatives key to long-term growth, say analysts")
Bulls roar on D-Street. Pre-Budget rally, short covering or tech pullback?
Analysts say the up move seen on Monday is on account of a host of factors, including good corporate results over the past few days, positive global cues and a build-up ahead of Budget 2022
 "Bulls roar on D-Street. Pre-Budget rally, short covering or tech pullback?")
Markets eye Economic Survey, Budget 2022 this week
Budget 2022 announcements are catalysts for market trends and they clock a post-Budget rally if it books profit ahead of it. Here're data points that the Street awaits from Economic Survey & Budget
 "Markets eye Economic Survey, Budget 2022 this week")
Asia's 20 richest families control nearly $495 billion, shows data
The Ambanis, Hartonos and Mistrys lead Asia's wealthiest clans
 "Asia's 20 richest families control nearly $495 billion, shows data")
Fund managers advise flexi-cap and large-cap schemes for now
According to fund managers, flexi-cap and large-cap schemes may weather the current storm better
 "Fund managers advise flexi-cap and large-cap schemes for now")
