Page 10 - Latest Updates on Stock Market
5x in 5 financial years: Mkt share of discount brokers gains stock
Held sway over 57% of active clients in 11 months of FY23
 "5x in 5 financial years: Mkt share of discount brokers gains stock")
Street Signs: 200-day SMA for Nifty Bank, portfolio turnover, and more
The gauge for the performance of banking stocks - which also happens to have the highest weighting in the benchmark Nifty50 Index - last closed at 39,395
 "Street Signs: 200-day SMA for Nifty Bank, portfolio turnover, and more")
Two smallcap stocks touch new highs; have zoomed up to 49% in past 3 months
In the past three months, Vardhman Special Steels has zoomed 49% and KPIT Technologies has surged 41% as compared to a 3% decline in the S&P BSE Sensex
 "Two smallcap stocks touch new highs; have zoomed up to 49% in past 3 months")
Stocks to Watch: RVNL, BEL, HAL, Campus Activewear, Vedanta, PNB, IT cos
Stocks to Watch: IT stocks may remain in focus as Accenture reported a revenue of $15.81 bn in Q2, beating its guidance of $15.2-15.75 bn. The giant also announced it will lay off 19,000 employees
 "Stocks to Watch: RVNL, BEL, HAL, Campus Activewear, Vedanta, PNB, IT cos")
Near-term demand worries likely to weigh on Page Industries stock
Brokerages have mixed view after correction in stock price
 "Near-term demand worries likely to weigh on Page Industries stock")
Star Cement soars 11%, nears 52-week high on heavy volumes
The long-term demand prospects remain positive given the government's thrust on the affordable housing and infrastructure segments, ICRA said
Global Surfaces makes stellar debut; zooms 23% over issue price
It earns 99% of its revenues from overseas markets like US, Canada and the Middle East. Segment wise, engineered quartz make for 83% of its revenue while natural stones make for 17%
Stocks to Watch: Reliance, HAL, Hero MotoCorp, Nazara Tech, L&T, Power Grid
Stocks to Watch: Hero MotoCorp on Wednesday said it will increase prices of its model range by around 2 per cent from next month
Anupam Rasayan hits 6-month high; zooms 40% in 5 weeks on strong outlook
Analysts are positive on the company's long term growth trajectory on the back of a robust product launch pipeline especially in high value fluorination chemistry
 "Anupam Rasayan hits 6-month high; zooms 40% in 5 weeks on strong outlook")
Stocks to Watch: Tata Motors, IOC, Hind Zinc, Sonata Software, Bandhan Bank
Stocks to Watch: Tata Motors will increase prices of its commercial vehicles (CV) range by 5 per cent starting April 1, in what would be its fourth such price hike this fiscal year
 "Stocks to Watch: Tata Motors, IOC, Hind Zinc, Sonata Software, Bandhan Bank")
Zee Entertainment zooms 14% in 4 days on hopes of settlement with lenders
Zee had said that the company had been exploring several strategies, including settlement, in relation to the ongoing dispute with IndusInd Bank
 "Zee Entertainment zooms 14% in 4 days on hopes of settlement with lenders")
Stocks to Watch: Indian Oil, NTPC, HDFC AMC, Uno Minda, Sterling and Wilson
Stocks to Watch: RIL/ONGC/Oil India may be in focus as the windfall tax on crude petroleum has been reduced to Rs 3,500/tonne from Rs 4,400/tonne
 "Stocks to Watch: Indian Oil, NTPC, HDFC AMC, Uno Minda, Sterling and Wilson")
Stocks to Watch: Tata Consumer, NTPC, RVNL, GMR Airports, Havells, SKF
Stocks to Watch: Tata Consumer Products ceased negotiations with Bisleri for a potential acquisition. It said no definitive agreement or binding commitment has been signed on this matter
 "Stocks to Watch: Tata Consumer, NTPC, RVNL, GMR Airports, Havells, SKF")
Start cherry-picking themes that are likely to play out: Andrew Holland
"The first half of 2023 may see earnings come under pressure due to the global slowdown, and the Indian economy taking time to pick up"
 "Start cherry-picking themes that are likely to play out: Andrew Holland")
67% investors unable to beat benchmark index returns, shows data
Underperformance at retail level at around 4-5% annually, says Samco Securities
 "67% investors unable to beat benchmark index returns, shows data")
Bank stocks can slide more; stay away for now: Analysts
Analysts expect the underperformance in bank stocks to continue ahead as the current fears around the banking sector globally are likely to persist for some time
 "Bank stocks can slide more; stay away for now: Analysts")
Credit Suisse explodes into full-blown crisis as stocks, bonds crater
The stock fell as much as 31%, hitting record lows, and prices on its benchmark bonds sank to levels that indicate the Swiss lender is in deep financial stress
 "Credit Suisse explodes into full-blown crisis as stocks, bonds crater")
This Chris Wood owned stock hit a 52-week low. What's worrying the Street?
In the last few sessions, the stock of Mukesh Ambani-controlled Reliance Industries (RIL), hit its 52-week low level of Rs 2269.75, and has been one of the worst performers among the Sensex pack
 "This Chris Wood owned stock hit a 52-week low. What's worrying the Street?")
SVB crisis: How the ripples of the bank's plunge reached foreign shores
Silicon Valley Bank crisis: How has the bank's failure affected other banks and their stocks worldwide? Read more to find out
 "SVB crisis: How the ripples of the bank's plunge reached foreign shores")
Divgi TorqTransfer erases listing gains; slides 5% below issue price on NSE
The stock was listed with a 5 per cent premuim at Rs 620 on the NSE. This was over its issue price of Rs 590 per share
 "Divgi TorqTransfer erases listing gains; slides 5% below issue price on NSE")
