Page 37 - Markets

Consumption funds likely to pick up pace as economy recovers

Consumption as a theme is likely to improve once economic recovery picks up, feel market participants

Related-party transactions: New disclosure norms for debt-listed entities

The new requirement will apply to "high-value debt-listed entities", Sebi said

Market Wrap Podcast, January 7: All that happened in the markets today

Sectorally, the Nifty Auto and Pharma indices were among the major losers, down up to 0.4 per cent. The BSE Telecom index was also an underperformer for the second day, down 0.5 per cent

World shares turn lower after tech-led decline on Wall Street

World markets were lower Friday, tracking a retreat on Wall Street led by declines in big technology stocks. Shares fell in Paris, Frankfurt, Tokyo and Shanghai but rose in Hong Kong. US futures also slipped. A resurgence of coronavirus outbreaks has added to uncertainties over a revival of tourism and other business activity in many parts of the world including Asia. The World Health Organization says a record 9.5 million COVID-19 cases were tallied over the last week as the omicron variant of the coronavirus swept the planet, a 71 per cent increase from the previous 7-day period that the U.N. health agency likened to a tsunami. Germany's DAX lost 0.7 per cent to 15,942.67 while the CAC 40 in Paris declined 0.5 per cent to 7,215.30. Britain's FTSE 100 lost 0.1 per cent to 7,443.90, The future for the Dow industrials lost 10 points while that for the S&P 500 slipped 0.2 per cent. Germany's leaders were set to consider possible new restrictions and changes to quarantine rules as

Sensex gyrates 729 pts, ends 143 pts up; India Cements gains 15%, OIL 8%

Sectorally, the Nifty Auto and Pharma indices were the only losers, down up to 0.4 per cent

Gokaldas Exports inches towards record high; surges 36% in one month

Brokerage ICICI Securities has maintained a BUY rating on Gokaldas Exports with a revised target price of Rs 425.

Asian shares mostly higher after tech-led decline on Wall Street

Tokyo and Taiwan slipped but other regional markets advanced. U.S. futures also were higher

87 stocks more-than-double in 1 month on BSE; Automotive Stampings up 207%

Three stocks, Urja Global (up 203%), Steel Exchange India (118%) and 63 Moons Technologies (108%) from the BSE Smallcap index have seen their market price more-than-double in one month

KPIT Technologies zooms 64% in 14 trading days on strong outlook

Since November 1, 2021, the stock has zoomed 141 per cent after KPIT Technologies raised outlook for revenue and profit for the financial year 2021-22 (FY22)

Aptus Value, ABFRL have broken out on charts; buy on dips: Mehul Kothari

Similar to Aptus Value Housing Finance's stock, ABFRL confirmed a major breakout from the falling trend line formed by joining two prominent swing highs

Nandish Shah recommends a Bull spread on Tata Power for January series

The stock has broken out on the daily chart with higher volumes to close at highest level since December 14.

Textile sector seeing a structural turnaround; here's how to play the theme

The stocks in the sector are also ripe for a re-rating as robust export opportunities give strong and sustainable earnings visibility

Sensex sheds 621pts amid Omicron woes, weak global cues; Nifty below 17,750

Market participants are already concerned about the rapid global spread of the highly infectious Omicron Covid variant

Three reasons why Sensex plunged over 600 points on Thursday

Indian markets mirrored global sell-off after the US Federal Reserve's minutes indicate sooner and faster-than-expected rate hikes

Nearly 600 stocks freeze at upper circuit on the BSE

Of the 3,666 stocks that are traded on the BSE, as many as 592 were locked in the upper circuit levels and there were no sellers on the counter, the exchange data showed.

Kitex Garments surges 23% in three days on strong revenue growth in Q3

Kitex Garments reported a strong 69 per cent year on year growth in total revenues at Rs 205 crore in October-December quarter.

Panama Petrochem surges 25% in two days as Ramesh Damani buys 1% stake

In the past two trading days, the stock of the refineries/petro products company has surged 25 per cent, after investor Ramesh Damani bought over 1 per cent stake in the company.

Sensex reclaims 60,000 mark; FPI buying, macroeconomic data buoy sentiment

The Sensex gained 367 points, or 0.6 per cent, to close at 60,223, while the Nifty rose 120 points to end the session at 17,925 cent.

New-age companies make it to Amfi's large-cap list, shows data

This comes despite stocks such as PB Fintech (Policybazaar) and One 97 Communication (Paytm) trading below their issue price

Avoid longer-duration funds as interest rates may harden: Analysts

Shorter-duration ones will see lower mark-to-market impact