Page 38 - Markets

Analysts bullish on road, highway developers on infra push, cheap valuation

Analysts remain positive on the road/construction sector given healthy order books providing good revenue visibility, controlled working capital, value unlocking

Thermax shares trim most of early gains; settle 1.50% higher

The stock, which gained 6.55 per cent to Rs 1,923.55 during the day on BSE, finally settled at Rs 1,830.05, a jump of 1.38 per cent

Sensex rallies 367 pts, ends above 60K; Nifty holds 17,900; financials gain

Large part of today's rally was propelled by financial and banking counters, with 7 of the top 10 index contributors belonging to the space.

Tata Communications surges nearly 9%; hits record high

IIFL Securities has initiated coverage on Tata Communications with a target price of Rs 1,568 (SoTP based) and an ADD rating.

Indian bond yields stabilise after early spike tracking oil prices

India's benchmark 10-year bond yield was trading steady on the day at 6.52% by 0655 GMT, after earlier rising to 6.54%, its highest level since Jan. 31, 2020

Bajaj Finance gains 4% on strong sequential AUM growth in December quarter

In Q3FY22, Bajaj Finance's assets under management (AUM) grew 8.6 per cent quarter on quarter (QoQ) to Rs 1.81 trillion.

Greaves Cotton surges 24% in three days on strong December sales of EV arm

Greaves Cotton's e-mobility arm Greaves Electric Mobility on Sunday said it sold over 10,000 units in December 2021.

Apple breaches $3 trillion market value again before slipping

Apple accounts for nearly 7% of S&P 500 index's value

Investors' wealth zooms Rs 5.36 trn in first two days of trading in 2022

On Tuesday, NTPC was the lead gainer in the 30-stock Sensex pack

RIL, HDFC, TCS power 673-pts rally in Sensex; Nifty tops 17,800; banks soar

The broader markets underperformed the benchmarks by a wide margin. The BSE MidCap and SmallCap indices ended with meagre gains of 0.05 per cent and 0.4 per cent, respectively.

BSE receives 362 investor complaints against cos in Dec; fixes 473

Complaints made against the firms included that of non-receipt of money, shares, demat as well as physical, non-receipt of debt securities, corporate benefits, entitlements and interest

HP Adhesives freezes at 5% upper circuit for sixth day after strong debut

With today's gain, the stock has advanced 64 per cent higher over the issue price on the BSE.

Marico dips 3% in firm market after December quarter business update

The personal products maker said that its revenue growth was in double digits in the October-December quarter (Q3), but its volume growth is expected to be flat.

Analysts cautious on auto stocks amid uneven recovery

Passenger vehicle OEMs' attempt to catch up to the demand was impacted by production cuts, while demand for two-wheelers and PVs remain weak. Find out if you should chase the rally in auto stocks

Smart proteins gaining interest as meat and dairy alternatives, shows data

Globally, the alternative proteins market is projected to reach $290 billion by 2035

Markets greet new year with euphoric rally; Sensex rises 929 points

The macroeconomic data helped investors overlook the impact of the rising Covid cases and new restrictions imposed by many states

Fund houses line up several passive offerings, shows Amfi data

Market participants say that passive investing will grow even in the current calendar year

Underperformance, growth recovery likely to support banks' rally

Stronger balance sheets and little impact of digital disruption could be the other triggers

Sprightly European stocks greet new year by hitting record high

London's traders were enjoying their final day of festive rest, but mainland Europe saw a lively start

2022: On first trading day, investors' wealth jump over Rs 3.49 trn

Bajaj FinServ emerged as the biggest gainer among the 30-share frontline companies pack, followed by Bajaj Finance, ICICI Bank, Tata Steel and IndusInd Bank