Page 20 - Stock Markets
Sensex snaps 3-day winning run, slips 17 pts; Realty index sheds 2%, IT 1%
Investors looked to lock in gains after the recent rally but most dips were bought into, which left indices unchanged at close.
 "Sensex snaps 3-day winning run, slips 17 pts; Realty index sheds 2%, IT 1%")
Markets climb to new lifetime highs; RIL, IT stocks lead charge
The Sensex advanced 166.96 points or 0.29 per cent to its new closing record of 58,296.91. It touched an all-time high of 58,515.85 during the session
 "Markets climb to new lifetime highs; RIL, IT stocks lead charge")
Sensex rises 514 pts, Nifty ends above 17,200; RIL, TCS top contributors
TCS, HUL, Titan Company, UltraTech Cement, and Bharti Airtel hit their respective record highs on the BSE today
 "Sensex rises 514 pts, Nifty ends above 17,200; RIL, TCS top contributors")
Sensex, Nifty post record highs after Federal Reserve's dovish stance
Sensex, Nifty jump 1.4%, log new highs
 "Sensex, Nifty post record highs after Federal Reserve's dovish stance")
Expect a time-wise, as well as price correction: Jyotivardhan Jaipuria
The founder & managing director of Valentis Advisors says the firm expect a time-wise, as well as price correction, so that the market can absorb the gains made over the past 17 months
 "Expect a time-wise, as well as price correction: Jyotivardhan Jaipuria")
From Mindtree to Tech Mahindra, IT tops sectoral charts in August
Mindtree is the top performer among IT firms for the month with returns of 27.2 per cent, followed by Nelco and Tech Mahindra
 "From Mindtree to Tech Mahindra, IT tops sectoral charts in August")
Street signs: Nifty eyes 17k-mark, poultry and aqua stocks may gain & more
The Nifty50 concluded the August expiry series with gains of 5.4 per cent; it has made higher highs and shallower lows for the last four weeks
 "Street signs: Nifty eyes 17k-mark, poultry and aqua stocks may gain & more")
Bharti Airtel stock declines over 4% on fundraising plans
The stock has corrected about 9 per cent from its record level of Rs 644 touched on August 16
 "Bharti Airtel stock declines over 4% on fundraising plans")
Better returns generated by staying invested than timing the market: Study
Amongst all our equity indices, the smallcap index has given the highest two-year SIP returns rising above 75 per cent
 "Better returns generated by staying invested than timing the market: Study")
Infra stocks rise on the back of national monetisation plan optimism
Adani Ports and SEZ, Hindustan Petroleum and ONGC rose 7.8 per cent, 5 per cent and 3.5 per cent respectively over two days
 "Infra stocks rise on the back of national monetisation plan optimism")
 "Investors need to focus on 'insider' selling red flag")
Despite IPO rush, unicorns chase global direct listing for higher valuation
Indian laws permit listing on international bourses through indirect listing of equity shares through the American Depository Receipt/Global Depository receipts (ADR/GDR)
 "Despite IPO rush, unicorns chase global direct listing for higher valuation")
From L&T Infotech to Tata Elxsi, mid-cap IT stocks lagging large-cap peers
Their m-cap is up 5% this month, against 11% rise in large-cap IT stocks
 "From L&T Infotech to Tata Elxsi, mid-cap IT stocks lagging large-cap peers")
Adani Group stocks decline 16-52% from their 52-week highs
Among the Adani group companies, Adani Power has witnessed the sharpest decline - a 52 per cent fall from its 52-week high hit on June 9, 2021
 "Adani Group stocks decline 16-52% from their 52-week highs")
 "Recent market moves highlight a growing polarisation. Will the trend continue?")
 "MARKETS TODAY: IPOs, stock-specific activity, inflation data to be in focus")
 "MARKETS THIS WEEK: Stock-specific news flow, global trends to be eyed")
 "MARKETS TODAY: Commodities to hog the limelight for a second day")
Earnings, macro data, global trends to dictate markets this week: Analysts
Markets this week would be guided by the ongoing quarterly earnings, macroeconomic data announcements and global trends, analysts said. The government will release industrial production data for June and inflation data for July this week. The RBI has revised its retail inflation forecast to 5.7 per cent, up from the earlier 5.1 per cent due to price pressure on account of supply constraints and high crude oil prices. With the ebbing of the second COVID wave, the RBI has retained its GDP growth forecast for the current fiscal year ending in March 2022 at 9.5 per cent. Nirali Shah, Head of equity research, Samco Securities said, "This week, all eyes will be on key economic data and ongoing results of companies. Although market sentiment is expected to remain buoyant, specifics on important economic indicators ranging from industrial numbers to inflation rate and manufacturing production will keep markets on their feet." MRF, Amtek Auto, Jindal Steel & Power Limited, Lupin, Eicher .
 "Earnings, macro data, global trends to dictate markets this week: Analysts")
Dream run to continue for small- and mid-cap stocks, say analysts
Not only are the small- and mid-cap indices off to their best start to a calendar year since 2014 but their outperformance over large-caps is at record levels
 "Dream run to continue for small- and mid-cap stocks, say analysts")
