Page 6 - Stock Markets

European stocks set for biggest quarterly drop since 2020

The MSCI World Equity index was down 0.3% on the day, while Europe's STOXX 600 eased 0.2% to sit just below a one-month high hit on Tuesday

Investors' wealth surges over Rs 59.75 trn in FY22 as Sensex rises 18%

Braving many headwinds in the latter part of the current fiscal, Sensex closed the 2021-22 financial year with a gain of 9,059.36 points or 18.29 per cent

RIL, HDFC Bk drag Sensex 115pts, Nifty holds 17,450; indices up 19% in FY22

CLOSING BELL: Hindalco tumbled 5 per cent, followed by Divis Labs, Apollo Hospitals, RIL, Wipro, Eicher Motors, Dr Reddy's Labs, and Cipla

Cipla, Ipca Lab, Zydus Life to benefit most from drug price rise: Analysts

The recent price hike, analysts said, brings some respite for the industry facing multiple headwinds such as steep raw inflation, price erosion in the US market and higher freight costs.

Worsening outlook

Fundamentals warrant stock price correction

Global markets in Q1: Invasion and inversion shake world order

This week has also seen a dreaded - albeit brief - "inversion" of a key bit of the US bond yield curve that has been a precursor of economic recessions

World stocks lose steam, bond markets suggest pain ahead for US economy

Market players said the signals coming from bond markets were at odds with the mood in equity markets

Global stocks mixed as Russia-Ukraine talks appear to progress

European markets opened lower while Asian stocks advanced Wednesday as investors saw signs of possible progress in talks on ending Russia's war on Ukraine. London and Frankfurt declined. Shanghai and Hong Kong gained while Tokyo retreated. Oil rose more than $2 per barrel. Wall Street futures were lower after US stocks gained Wednesday following Russia's announcement it would scale back military operations near Ukraine's capital, Kyiv, and a northern city. This was a nice add-on catalyst to a market rally already under way, said Clifford Bennett of ACY Securities in a report. In early trading, London's FTSE 100 lost 0.1% to 7,529.06 and the DAX in Frankfurt sank 1.3% to 14,631.35. The CAC 40 in Paris shed 1% to 6,720.90. On Wall Street, futures for the benchmark S&P 500 index and the Dow Jones Industrial Average were down 0.4%. On Tuesday, the benchmark S&P 500 index rose 1.2% and the Dow advanced 1%. The Nasdaq composite added 1.8%. More than 85% of the stocks in the S&P .

Sensex rallies 1,300 pts in three days: Here's what is driving the markets

Wednesday's sharp rally came on the back of hopes that the end of the Russia-Ukraine war may be on the horizon as Russia on Tuesday said it would cut down its military operation in Ukraine.

World shares surge after 'encouraging' Russia-Ukraine peace talks

The difference between 2- and 10-year Treasury yields seems well on the way to turning negative for the first time since 2019 as well

Sensex gains 350 pts; Hero Moto cracks 7%, Ruchi Soya zooms 16%

CLOSING BELL: Shares of Hero MotoCorp cracked over 6 per cent after reports suggested that the Income Tax Department has found that Hero MotoCorp made more than Rs 1,000 crore bogus expenses

Sensex rises 768 pts from day's low, ends 231 pts up; Inox Leisure adds 12%

CLOSING BELL: Bharti Airtel, up 4 per cent, was the top gainer on the Nifty50 index, followed by Coal India, Axis Bank, Eicher Motors, ITC, SBI, ICICI Bank, HUL,IndusInd Bank, and Power Grid

Markets likely to face volatility, global factors to be in focus: Analysts

Stock markets are likely to witness volatility this week amid monthly derivatives expiry, ongoing Russia-Ukraine conflict and high crude oil prices, analysts said. Geopolitical tensions and supply-side concerns would continue to dominate investor sentiment, they added. "This week, we will have March month F&O expiry that may provide a direction to this range-bound market. Global equity markets are also rebounding and showing some signs of stabilization, however, there are still uncertainties about the Russia-Ukraine issue that may continue to cause volatility in global markets. "Crude oil prices have again inched higher amid geopolitical issues and supply-side concerns and if it sees further strength then it could be a cause of concern for the Indian equity markets," said Santosh Meena, Head of Research, Swastika Investmart Ltd. According to market analysts, the scheduled monthly expiry of March month derivatives contracts would keep volatility high this week. "Participants will .

Tata Teleservices stock hits 5% upper circuit, rises over 1,200% in 1 year

Mumbai-based Tata Teleservices, a subsidiary of the Tata Group, deals in broadband, telecommunications and cloud services

Sensex ends choppy day 234 pts down; Nifty holds 17,150; IT, FMCG weigh

CLOSING BELL: Titan Company, Tech M, Maruti Suzuki, Cipla, IOC, Nestle India, Hero MotoCorp, Eicher Motors, L&T, TCS, Wipro, and Tata Steel were the top laggards

Russian stock market, crushed by war, opens with big limits

Outside Russia, the reopening of stock trading on the Moscow Exchange has little impact, including on the vast majority of US investors' portfolios, said Leanna Devinney with Fidelity Investments

Sensex gyrates 690 pts, ends 89 pts down; metal, pharma rally, banks slide

CLOSING BELL: Dr Reddy's Labs (up nearly 5 per cent) was the top Nifty gainer today, followed by Coal India, Hindalco, Cipla, NTPC, JSW Steel, Tech M, and RIL

Stocks to Watch: Zee Entertainment, Ruchi Soya, Zomato, ICICI Bank, Colgate

Shares of Zee Entertainment will be in focus as Invesco has decided not to pursue an extraordinary general meeting (EGM) to add six independent directors on Zee's board.

Russian stock market, crushed by Ukraine invasion, will partially reopen

Russia plans to reopen its stock market for limited trading on Thursday, nearly one month after shares plunged and the exchange was shut down following the invasion of Ukraine. There will be heavy restrictions on trading intended to prevent the kind of massive selloff that took place on Feb. 24 in anticipation of crushing financial and economic sanctions from Western nations. Trading will be allowed in 33 of the 50 companies that are part of the country's benchmark MOEX index, including air carrier Aeroflot, state-owned gas producer Gazprom and the oil company Rosneft, according to the central bank announcement about the reopening. Stocks last traded in Moscow on Feb. 25. A day earlier the MOEX sank 33% after Russian President Vladimir Putin ordered the invasion of Ukraine. When Moscow's market reopens, trading will be limited, and investors' true sentiment difficult to judge. The country has banned short-selling, in which investors essentially bet on stock prices to go down. And

Analysts say cement stocks now attractive; price hikes to ease margin woes

Analysts believe current input cost headwinds are transitory as likely price hikes by companies will help aid margin pressures.