Page 25 - Stock Markets
After 29% rally in H1FY21, the best in a decade, analysts cautious on mkts
Economists caution that the demand for goods and services could taper off in the months ahead
 "After 29% rally in H1FY21, the best in a decade, analysts cautious on mkts")
Chris Wood bullish on cyclical stocks; sees more stimulus from US Fed
GREED & fear's view is that there is a scope for US Fed action inter-meeting if the market action is violent enough
 "Chris Wood bullish on cyclical stocks; sees more stimulus from US Fed")
Nearly half of BSE 500 stocks underperform market since March low
The S&P BSE 500 index, which accounts for 94 per cent market capitalisation of BSE listed companies, has gained 45 per cent from its March 24 low.
 "Nearly half of BSE 500 stocks underperform market since March low")
BSE sees listing of commercial papers, debentures of Rs 41,200 cr in a day
So far in the ongoing fiscal, BSE has enabled listing of commercial paper to the tune of Rs 4.26 lakh crore and bonds of Rs 2.82 trillion.
 "BSE sees listing of commercial papers, debentures of Rs 41,200 cr in a day")
Investors lose Rs 11.31 trillion as market falls for sixth straight day
The market capitalisation of BSE-listed companies stood at Rs 1,48,76,217.22 crore, down by Rs 11,31,815.5 crore in six sessions.
 "Investors lose Rs 11.31 trillion as market falls for sixth straight day")
US election, Q2 results of India Inc to keep markets volatile: Analysts
Since their March 2020 low, the Indian benchmarks - the S&P BSE Sensex and the Nifty 50 - have gained 47 per cent and 48 per cent, respectively.
 "US election, Q2 results of India Inc to keep markets volatile: Analysts")
Markets are getting a reality check now; use dips to buy IT, pharma stocks
"I expect market volatility to remain high as the US election approaches," says Holland.
 "Markets are getting a reality check now; use dips to buy IT, pharma stocks")
Robinhood investors are likely to panic as markets correct
Today, globally, the 'Robinhood' investors are considered a force to reckon with, due to their collective liquidity and well spread reach.
 "Robinhood investors are likely to panic as markets correct")
BSE Healthcare index hits record high on the back of positive news flow
The S&P BSE Healthcare index, the top gainer among sectoral indices, rose 3.5 per cent to close at 20,405 points, as compared to 0.34 per cent decline in the Sensex
 "BSE Healthcare index hits record high on the back of positive news flow")
BofA Securities, Credit Suisse, Goldman Sachs see more upside for equities
A BofA September Global Fund Manager Survey for September suggests that 58 per cent of those surveyed say the market is in a bull-phase - up from 25 per cent who believed so in May.
 "BofA Securities, Credit Suisse, Goldman Sachs see more upside for equities")
'Valuation in certain pockets of the market is looking elevated'
"Stock markets and economies globally do get impacted by events all the time and hence there is no such thing as the right time to invest," Gopalakrishnan says.
 "'Valuation in certain pockets of the market is looking elevated'")
Indian MFs turn to global funds for better yields, reduction of home bias
Financial planners recommend setting aside 5 to 10 per cent of one's portfolio in international funds
 "Indian MFs turn to global funds for better yields, reduction of home bias")
Shift to e-DIS method to keep securities in your demat acccount safe
This will ensure that you don't have to give power of attorney to your broker and yet do not lose out on convenience
 "Shift to e-DIS method to keep securities in your demat acccount safe")
Va Tech Wabag rallies 20% as Co's board to consider fundraising next week
For the quarter ended March 2020, net profit of the company came in at Rs 30.47 crore, down 25.2 per cent against Rs 40.77 crore in the year-ago period.
 "Va Tech Wabag rallies 20% as Co's board to consider fundraising next week")
Don't see much upside in mid, smallcaps from here: Vinay Khattar, Edelweiss
Khattar remains bullish on IT, pharma, and select segments of consumption and bearish on the entire banking and NBFC space
 "Don't see much upside in mid, smallcaps from here: Vinay Khattar, Edelweiss")
Indiabulls Group stks up as SS Mundra to be non-executive chairman of IBHFL
The announcement came after Sameer Gehlaut stepped down as executive chairman of Indiabulls Housing Finance with immediate effect.
 "Indiabulls Group stks up as SS Mundra to be non-executive chairman of IBHFL")
Lemon Tree Hotels launches hotel in Dwarka, Gujarat; stock advances 10%
For the quarter ended June 2020, the company's revenue from operations declined 71.1 per cent year-on-year (YoY) to Rs 40.7 crore.
 "Lemon Tree Hotels launches hotel in Dwarka, Gujarat; stock advances 10%")
Equity MFs witness outflows after 4 years amid Covid-19 uncertainty
Outflows stood at over Rs 3,500 crore in July as investors took advantage of market rebound amid Covid uncertainty
 "Equity MFs witness outflows after 4 years amid Covid-19 uncertainty")
Varun Beverages: Good recovery, better margin outlook augur well for stock
Though out-of-home consumption is still under pressure due to the coronavirus pandemic, rising in-house consumption of carbonated soft drinks (CSD) is partly reducing the pressure on overall volumes
 "Varun Beverages: Good recovery, better margin outlook augur well for stock")
Sebi allows exchanges to regulate registered investment advisers
Advisors say move can help curb mis-selling through stock tips
 "Sebi allows exchanges to regulate registered investment advisers")
